• Shekel stronger against dollar after Yellen's speech
Shekel stronger against dollar after Yellen's speech

Gold had almost surpassed its threshold of $1,300/oz. on Friday, when a sudden one-minute trade operation of large volumes of the metal sent prices cascading - just ahead of Fed Chair Janet Yellen's speech. Trump has said that the sweeping regulations enacted in the wake of the 2008 financial crisis have been a " disaster ", making it hard for ...

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  • Research Ratings: Unilever NV (UN), Rite Aid Corporation (RAD)
Research Ratings: Unilever NV (UN), Rite Aid Corporation (RAD)

It has underperformed by 22.69% the S&P500. Dynamic Capital Management Ltd decreased Rite Aid Corp ( RAD ) stake by 70.47% reported in 2016Q4 SEC filing. Rite Aid Corporation (RAD ) opened at 2.26 on Tuesday. Gamco Investors Inc Et Al acquired 34,079 shares as Inventure Foods Inc (SNAK)'s stock declined 31.83%.

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  • Shale oil boom softens the energy blow from Harvey
Shale oil boom softens the energy blow from Harvey

Oil prices need a so-called Goldilocks number - one that's not so high that it stimulates robust production and not so low that it stymies the industry - and USA operators are reacting as the market remains stuck near the $50 per barrel level.

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  • Police arrest suspect who threw urine on Metrobus driver
Police arrest suspect who threw urine on Metrobus driver

In addition, hundreds of Metrobuses have been equipped with protective shields that are meant to help protect bus operators from assaults. Police say cameras on the bus captured her relieving herself into a cup toward the rear of the bus and then walking to the front of the bus.

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  • A Look Into Insider Activity With QUALCOMM Incorporated (QCOM)
A Look Into Insider Activity With QUALCOMM Incorporated (QCOM)

Following the completion of the transaction, the president now directly owns 28,959 shares of the company's stock, valued at approximately $1,667,748.81. Cheviot Value Mgmt invested in 5,989 shares. Since May 11, 2017, it had 1 insider buy, and 4 insider sales for $1.73 million activity. Private Advisor Group LLC's holdings in QUALCOMM were worth...

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  • Oil prices gyrate as market grapples with U.S. hurricane damage
Oil prices gyrate as market grapples with U.S. hurricane damage

Almost three billion barrels of the 18 billion US daily refining capacity had been knocked out. U.S. West Texas Intermediate (WTI) crude futures were at $46.35 per barrel at 0644 GMT, down 9 cents from their last close. More than 2 million barrels per day of US refining capacity remain shut because of Harvey , which slammed into the Texas coas...

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  • Analysts Insights on Chico's Fas (CHS)
Analysts Insights on Chico's Fas (CHS)

The firm has "Underperform" rating by Wolfe Research given on Monday, November 23. (NYSE: CHS ). The Ohio-based Huntington Financial Bank has invested 0% in Chico's FAS, Inc. "Stock Could Fall" on August 23, 2017. Investors sentiment increased to 1.42 in 2016 Q4. Its up 0.99, from 0.97 in 2016Q3. Watching some historical volatility numbers on...

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  • Harvey impacting gas prices in Kansas City
Harvey impacting gas prices in Kansas City

Tom Kloza said he assumes a 10- to -15 cent rise in national average at $2.36 per gallon of unleaded fuel Tuesday. "This morning, the average price in the state is $2.24, so we're talking about about a five to six cent increase", DeHaan said.

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  • Virginia among states with biggest gas prices increases post-Harvey
Virginia among states with biggest gas prices increases post-Harvey

In Tulsa, the average went up 1 cent to $2.11, a mark that was up 4 cents from a year ago and 2 cents higher than the $2.09 reported Monday in Oklahoma City. The possible gas price increase comes at a time when many Carolinians are making plans to take a final summer vacation with a road trip for the Labor Day holiday.

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  • Rescues continue in Houston; storm called 'disaster of historic proportions'
Rescues continue in Houston; storm called 'disaster of historic proportions'

Although it rapidly weakened to tropical storm status, it also stalled over the Gulf Coast, unleashing torrential rains that have caused devastating flooding in Houston and surrounding areas. "So that's a great resource that we can provide from Wisconsin down to Texas". As many as 12,000 members of the Texas National Guard are already deployed ...

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  • Scripps reporter among those rescued in Port Arthur, Texas
Scripps reporter among those rescued in Port Arthur, Texas

Oil refineries are still hunkering down along the Gulf Coast as Tropical Storm Harvey , which came ashore in Texas over the weekend as a Category 4 hurricane, keeps on pelting the region with rain and catastrophic flooding. More than three and a half feet of rain has fallen on Port Arthur since Saturday. Jefferson County Sheriff Zena Stephens t...

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  • Lufthansa wants Air Berlin long-haul planes
Lufthansa wants Air Berlin long-haul planes

The pugnacious Ryanair boss said awarding Air Berlin to Lufthansa would give Germany's flagship carrier control over "95 percent of the domestic market". At that time, Ryanair responded by filing competition complaints with Germany's competition regulator Bundeskartellamt and the European Commission, accusing Air Berlin of "manufacturing" its insol...

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  • Wall Street Global stocks, dollar recover as North Korea jitters abate
Wall Street Global stocks, dollar recover as North Korea jitters abate

North Korean media reports on the launch also lacked their usual claims of technical advances, indicating the test may not have succeeded as planned. The rebound in USA stock appears to have calmed some of the fears that were weighing on the dollar, said Shahab Jalinoos, global head of FX strategy at Credit Suisse in NY.

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  • Volkswagen Recalls 281000 Vehicles Over Engine Stalling Problem
Volkswagen Recalls 281000 Vehicles Over Engine Stalling Problem

It can also cause the fuel pump to continue running, even though there is a loss of power from the computer. VW is going to notify owners about the problem in October, and send a second letter when replacement computers are available. Chinese authorities conducted an investigation past year that led to a recall in that country, which prompted t...

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  • Volkswagen is Recalling almost 281 thousand cars
Volkswagen is Recalling almost 281 thousand cars

Cars recalled due to a faulty fuel pump . Volkswagen says that the fuel pump can lose electric power, thus cutting off the fuel supply to the engine and causing the cars to stall. However, the new parts - from a different supplier than the original - are "currently unavailable". The no-cost charge involves replacement of the fuel pump control mod...

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  • Buffett's $13B bonanza: Move makes billionaire Bank of America's largest shareholder
Buffett's $13B bonanza: Move makes billionaire Bank of America's largest shareholder

Other banks in which Berkshire Hathaway has a stake include JPMorgan Chase & Co, the largest USA bank, where Todd Combs, one of Buffett's deputy portfolio managers, is a director. Buffett has run the Omaha, Nebraska-based conglomerate since 1965. Bank of America Chief Executive Brian Moynihan said, "In 2011, we welcomed Berkshire Hathaway a...

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  • N-Out Is Taking Smashburger to Court Over This Big Cheeseburger
N-Out Is Taking Smashburger to Court Over This Big Cheeseburger

In it, the Southern California-based burger chain alleges that Smashburger's new item, a "Triple Double" burger, is "likely to confuse and mislead the consuming public" into believing that In-N-Out has approved or licensed the sandwiches, according to the lawsuit .

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  • U.S. economy records fastest growth in 2 years
U.S. economy records fastest growth in 2 years

Increases in consumer spending and business investment powered almost all of the revision issued on Wednesday. American consumers remain in the driver's seat in the current expansion, backed by a strong job market, contained inflation and low borrowing costs.

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  • Nintendo Switch pop-up zone is coming to Sandton
Nintendo Switch pop-up zone is coming to Sandton

We wouldn't even be all that surprised if PES 2018 becomes the third football game of choice, sitting behind the dominant FIFA 18 console release and this impressive portable option for Nintendo's continually growing player base. The special FE Warriors and Pokemon bundles will become available on the same day in which the games are rel...

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  • The Muppets Unveil Kermit The Frog's New Voice
The Muppets Unveil Kermit The Frog's New Voice

Kermit's new man stars in the latest Muppets Thought of the Week video, published on YouTube on Monday. So needless to say, Vogel had the necessary credentials to take on the role of Kermit . "Steve performed Kermit as a bitter, angry, depressed victim", she wrote on Facebook , according to Page Six. Vogel had been a member of the Sesame S...

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