Markets

Robeco Institutional Asset Management B.V. increased its position in shares of Marathon Petroleum by 7.7% during the 3rd quarter. Marathon Oil Corporation ( MRO ) stock is now trading 6.67% away from its average-price of 200 days while it maintained a distance of -12.61% from its 50 Days Moving Average and -9.32% compared with the 20 Day Moving Average.
  • Stock In Spotlight: Itau Unibanco Holding SA (NYSE:ITUB)

    Markets

    It has underperformed by 10.47% the S&P500. Crispin Odey decreased its stake in Kinross Gold Corp (KGC) by 4.3% based on its latest 2017Q3 regulatory filing with the SEC. Analysts await Colgate-Palmolive Company (NYSE:CL) to report earnings on April, 27. The company reported revenue of $0 in the same period past year.
  • Instant Pots Sold at Walmart Recalled After Overheating Reports

    Instant Pots Sold at Walmart Recalled After Overheating Reports

    Markets

    Multi-purpose cookware company Instant Pot has issued a recall following reports of one its products overheating and melting, according to a Thursday post from the company in the Instant Pot Community Facebook group. The batchcodes included in the recall can be found on the underside of the cooker, which is sold exclusively at Walmart. The company told ABC News at the time it takes any issues with its products "extremely seriously" and was working with the CPSC.
  • The New 2018/2019 Canadian Federal Budget

    The New 2018/2019 Canadian Federal Budget

    Markets

    Earlier Wednesday, Morneau also defended his budget against complaints it didn't do enough to shield Canada from shorter-term competitiveness threats linked to incoming USA tax reforms. The budget maintains a C$3 billion annual risk cushion. The ratio of debt to the economy is scheduled to fall from 30.4 percent in 2017-18 to 28.4 percent in 2022-23.
  • Stocks dive late, snapping 10-month winning streak

    Stocks dive late, snapping 10-month winning streak

    Markets

    The Cboe Volatility Index.VIX, the most widely followed barometer of expected near-term volatility of the S&P 500 index . SPX , closed up 1.26 at 19.85, its highest close in a week. Brent crude, the worldwide standard, fell 85 cents to $65.78 per barrel. The Nasdaq rose 27 points, or 0.3 per cent to 7,357. Energy shares dropped with oil prices CLc1 and the sector had the biggest daily decline in the S&P 500, but a break below the 50-day moving average on the S&P 500 triggered further ...
  • House passes bill aimed at curbing online sex trafficking

    House passes bill aimed at curbing online sex trafficking

    Markets

    One of many similarly misleading bills that have gained traction in recent years, FOSTA amends Section 230 of the federal Communications Decency Act to hold online publishers, apps, and services legally liable for the actions of people who post there or connect through them.
  • Now KFC Is Running Out of Gravy, Too

    Now KFC Is Running Out of Gravy, Too

    Markets

    While the majority of the branches are now back up and running, a number of customers have been left feeling dismayed by the scarcity of gravy available at the fast food chain. "We've brought a new delivery partner onboard, but they've had a couple of teething problems, getting fresh chicken out to 900 restaurants across the country is pretty complex!" the tweet reads.
  • Drunk man stuck with four-figure Uber bill

    Drunk man stuck with four-figure Uber bill

    Markets

    Bachman's friend told him that they went to a convenience store sometime that night. When he finally got home to Sewell , NJ, he was facing something worse than a hangover: An Uber total of $1,635.93. So remember, kids. If you're going to get drunk make sure you make plans ahead of time to either get a ride from a friend or stay at a friend's place.
  • Eurozone inflation falls in February

    Eurozone inflation falls in February

    Markets

    March U.S. Dollar Index futures settled at 90.551, up 0.271 or +0.30%. Inflation eased to 1.2% from 1.3% in January. The Euro was also pressured by political uncertainties as Italians are preparing to vote in a national election on Sunday, while the leading political parties in Germany decide on a coalition deal that would secure Angela Merkel a fourth term as chancellor.
  • Smith & Wesson parent AOBC off target in most recent earnings

    Smith & Wesson parent AOBC off target in most recent earnings

    Markets

    Royce & Associates LP's holdings in American Outdoor Brands were worth $5,516,000 at the end of the most recent reporting period. Genworth Financial , Inc. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.04. American Outdoor Brands Corporation (NASDAQ:AOBC) is presenting price to cash flow of 7.23 and free cash flow concluded as 15.85.
  • Trump, Boeing Strike Deal Over New Air Force One

    Trump, Boeing Strike Deal Over New Air Force One

    Markets

    Despite having to negotiate down to a lower price tag, the mega-deal with the White House serves as just one win out of many for the aircraft manufacturer. A Boeing official said the agreement covers two aircraft, "including things unique to Air Force One such as a communications suite, internal and external stairs, large galleys and other equipment".
  • Comcast (CMCSA) Trading Down 7.4%

    Comcast (CMCSA) Trading Down 7.4%

    Markets

    It has outperformed by 45.78% the S&P500. Hartline Investment Corp decreased its stake in Comcast Corp New Cl A ( CMCSA ) by 14.06% based on its latest 2017Q3 regulatory filing with the SEC. Since September 15, 2017, it had 0 buys , and 5 sales for $31.15 million activity. Also, EVP Stephen B. Burke sold 190,756 shares of the stock in a transaction on Friday, January 26th.
  • Dozens dead after PNG quake

    Dozens dead after PNG quake

    Markets

    Southern Highlands Governor William Powi told The Associated Press that communication remains hard and authorities are still trying to assess the extent of the damage caused by Monday's magnitude-7.5 natural disaster. The company said its primary concern was the safety of its employees and contractors and that no injuries had been reported. ExxonMobil Corp (XOM.N) said on Wednesday there was no indication so far that a powerful quake in Papua New Guinea this week has damaged the 700 km ...
  • Stocks Drop in Another Dizzying Day for Markets

    Stocks Drop in Another Dizzying Day for Markets

    Markets

    Consumer spending, which accounts for more than two-thirds of USA economic activity, gained 0.2 percent in January, while core PCE price index, the Federal Reserve's favored gauge on inflation , rose 0.2 percent compared with economists' expectation of a 0.3 percent rise.
  • Twitter seeks help in measuring 'health' of interactions

    Twitter seeks help in measuring 'health' of interactions

    Markets

    In subsequent tweets , Dorsey offered an apology of sorts for Twitter's laundry list of offenses, from abuse and harassment to "manipulation through bots and human-coordination" and "misinformation campaigns". But those may or may not be the way forward and Twitter's looking for ideas as it "cannot do this alone", Dorsey says. And we must commit to sharing our results publicly to benefit all who serve the public conversation.
  • Kohl's Corporation (KSS) Q4 Earnings Were Surprisingly Good

    Kohl's Corporation (KSS) Q4 Earnings Were Surprisingly Good

    Markets

    It has underperformed by 9.54% the S&P500. 6,940,669 shares of the company traded hands, compared to its average volume of 4,131,072. Net income rose to $468 million with diluted earnings per share of $2.81 compared to $252 million and diluted earnings per share of $1.44 in last year's fourth quarter.
  • Gold prices flat as outlook for faster U.S. interest hikes weigh

    Gold prices flat as outlook for faster U.S. interest hikes weigh

    Markets

    Powell, who this month succeeded Janet Yellen as head of the US central bank , provided regularly scheduled testimony to the House Financial Services Committee, his first appearance on Capitol Hill. "The market needs to understand whether the us economy is growing or is overheating, so it will closely monitor the upcoming indicators to see what reading is confirmed", Ramos said.