Markets

Occidental Petroleum Corporation (NYSE:OXY) has declined 18.97% since October 20, 2016 and is downtrending. It has underperformed by 35.67% the S&P500. The company shares sank -50% from their peak of $12.19 and now has a $567.69 million market value of equity. A company with higher PE ratio is more worthy against a company with lower PE ratio.
  • Google owner leads $1bn funding for Uber rival

    Markets

    Previously the company had a valuation of $6.9 billion. Four TfL officials met two Lyft executives - the company's chief strategy officer and its director of global government relations - in December 2016, before having multiple follow-up conversations remotely over the next couple of months and a second face-to-face meeting in NY in March.
  • Time Warner Inc. New (TWX) Position Increased by National Pension Service

    Markets

    The company has market cap of $27.26 billion. ( TWX)'s stock rose 1.19%. The stock of Time Warner Inc (NYSE: TWX ) has "Buy" rating given on Monday, August 3 by M Partners. Eaton Vance Mgmt invested in 659,842 shares. Btg Pactual Asset Mngmt Ltd reported 66,000 shares stake. Zacks Inv Mngmt has 171,347 shares. First Interstate Bancorp invested in 0% or 53 shares.
  • MPs voice worry over Bank of England's lack of diversity

    Markets

    It follows the appointment of two new members to the bank's monetary policy committee (MPC), which has left only one female on board and raised concerns about a gender imbalance on the interest rate-setting body. The letter added, "In future, the committee expects to be provided, prior to its appointment hearings, with diversity data on the candidates applying to the associated position".
  • Malaysia to restart mission to locate MH370 wreckage

    Malaysia to restart mission to locate MH370 wreckage

    Markets

    It has notified the families of the 239 people lost aboard MH370 that it is negotiating the terms and conditions of the search with U.S. company Ocean Infinity. "These offers have been thoroughly assessed by the team and the governments of Australia and China". At the time it was suspended, the Australian Transport Safety Bureau released findings from global and CSIRO scientists which identified a smaller 25,000sq km area with "a high probability" that it contained the aircraft.
  • United States stocks slip but Dow Jones holds above 23000

    United States stocks slip but Dow Jones holds above 23000

    Markets

    Apple slumped 2.4 percent. Apple gave up 2.7 percent Thursday, while Facebook lost 1.1 percent and Google's parent company, Alphabet, lost 1 percent. The Dow Jones Industrial Average was down 91.47 points, or 0.39 per cent, at 23,066.13, the SP 500 was down 9.92 points, or 0.39 per cent, at 2,551.34 and the Nasdaq Composite was down 50.38 points, or 0.76 per cent, at 6,573.84.
  • Noteworthy Stocks: Abbott Laboratories (ABT), Eli Lilly and Company (LLY)

    Markets

    About 1.22 million shares traded. It has outperformed by 14.11% the S&P500. Advisors Asset Management Inc. lifted its stake in shares of Eli Lilly and by 7.4% in the first quarter. Eli Lilly and's revenue for the quarter was up 7.8% on a year-over-year basis. 5,695 were reported by Haverford Trust Co. Thompson Davis & Company Incorporated reported 670 shares stake.
  • The Last Aussie-Made Car Will Roll Off The Production Line Today

    The Last Aussie-Made Car Will Roll Off The Production Line Today

    Markets

    Camillo was joined outside the factory by hundreds of workers and vehicle enthusiasts who had gathered to greet the last auto off the production line. High wages and a relatively small population of 24 million people living far from large export markets denied the Australian industry economies of scale.
  • Acacia Mining takes further revenue hit as deal with Tanzania nears

    Acacia Mining takes further revenue hit as deal with Tanzania nears

    Markets

    ACACIA Mining, the UK-listed Tanzanian gold producer, today unveiled a blue print for survival that does not include exporting minerals in concentrate - a piece of adaptation that would return it to positive cash flow in early 2018. Acacia said it was committed to "strong cost discipline" and is continuing to take steps to ensure the long-term viability of our business while it awaits an outcome of the discussions between Barrick and the government.
  • Harvey and Irma Helped Erode September Housing Starts

    Harvey and Irma Helped Erode September Housing Starts

    Markets

    The September rate for units in buildings with five units or more was 286,000. Privately-owned housing units authorized by building permits in September were at a seasonally adjusted annual rate of 1,215,000. Hurricanes Harvey and Irma had an impact on single-family home construction in the South pushing down housing production according to the National Association of Home Builders ( NAHB ).
  • S.Korea's presidential office says it respects outcome of nuclear reactor survey

    Markets

    The 19-point gap between supporters and opponents of the reactors was well beyond the margin of error of 3.6 percentage points. "The commission recommends to the government the policy of resuming the construction of Shin Kori No. About 1.6 trillion won ($1.4 billion) has already been spent on the reactors. Stability of power supply was cited as a prime reason for the choice in survey responses, the committee said.
  • Worldwide 9m people killed in pollution in 2015

    Worldwide 9m people killed in pollution in 2015

    Markets

    Bangladesh and Somalia were the worst affected. The report also attributed massive costs to pollution-related death, sickness and welfare, estimating the costs at some $4.6 trillion (€3.89 trillion) in annual losses - or about 6.2 percent of the global economy.
  • BMO Capital Markets Reiterates $50.00 Price Target for Anadarko Petroleum Corporation (APC)

    BMO Capital Markets Reiterates $50.00 Price Target for Anadarko Petroleum Corporation (APC)

    Markets

    The stock has "Buy" rating by Mitsubishi UFJ on Thursday, September 21. The firm has "Neutral" rating given on Saturday, August 22 by Piper Jaffray. The rating was downgraded by Berenberg on Monday, November 14 to "Hold". The firm has "Buy" rating given on Monday, December 19 by Ladenburg Thalmann. BidaskClub downgraded shares of Anadarko Petroleum Corporation from a "sell" rating to a "strong sell" rating in a report on Thursday, June 22nd.
  • Understanding the Latest Financial Performance of General Electric Company (NYSE:GE)

    Markets

    On average, equities research analysts expect that Portland General Electric Co. will post $2.12 earnings per share for the current year. It is down 0.00% since October 19, 2016 and is. Denver Investment Advisors Llc increased Northwestern Corp stake by 59,665 shares to 271,937 valued at $16.59M in 2017Q2. It also increased its holding in Ishares Intermediate Credit Et (CIU) by 5,039 shares in the quarter, for a total of 214,451 shares, and has risen its stake in Ishares 3 (IEI).
  • Earnings On Deck For The Procter & Gamble Company

    Earnings On Deck For The Procter & Gamble Company

    Markets

    Cytokinetics, Inc. (NASDAQ:CYTK) has risen 88.33% since October 18, 2016 and is uptrending. It has underperformed by 9.16% the S&P500. Fisher Asset Mgmt Lc reported 1.13% stake. The stock of Procter & Gamble Co (NYSE:PG) earned "Hold" rating by Stifel Nicolaus on Wednesday, December 21. Amer Grp Inc Inc invested in 0.39% or 1.26M shares.
  • Royal Dutch Shell Plc 15.2% Potential Upside Indicated by Jefferies International

    Royal Dutch Shell Plc 15.2% Potential Upside Indicated by Jefferies International

    Markets

    The company has market cap of 203.53 billion GBP. This rating was released in an analyst note on Monday morning. The firm has "Buy" rating by Jefferies given on Friday, October 6. The Integrated Gas segment is engaged in the liquefaction and transportation of gas and the conversion of natural gas to liquids to provide fuels and other products, as well as projects with an integrated activity, ranging from producing to commercializing gas.