Markets

Analyst Outlook: Energy Transfer Partners LP (NYSE:ETP)

Analyst Outlook: Energy Transfer Partners LP (NYSE:ETP)

Analysts expect that Spectra Energy Partners, LP will post $3.10 EPS for the current fiscal year. These analysts also forecasted Growth Estimates for the Current Quarter for ETP to be 1200%. If you are viewing this story on another website, it was copied illegally and reposted in violation of USA and worldwide trademark & copyright legislation. Read More

Continue Reading »

US GDP growth revised up to 3.5% rate in third quarter

US GDP growth revised up to 3.5% rate in third quarter

The Bureau of Economic Analysis' final estimate for third-quarter U.S. GDP growth was revised up to 3.5 percent, a considerable improvement from the final second-quarter estimate. There was a slight increase from the 2.8% rate that was reported in November. Spending on gas and oil wells was also on the rise. Equipment expenditures fell at an annualized pace of 4.5%, improved from -4.8% previously reported. Read More

Continue Reading »

This Trump Move Just Rocked Lockheed Martin Stock

This Trump Move Just Rocked Lockheed Martin Stock

Boeing, which designs, develops, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight, and launch systems and services, has 617.17M shares outstanding, market capitalization (intraday) of $97.38B and BA stock one-year range is between $102.10 and $160.07 per share. Read More

Continue Reading »

Ram 1500 and Dodge Durango Rollaway Incidents Investigated

Ram 1500 and Dodge Durango Rollaway Incidents Investigated

The vehicles under investigation have an electronic rotary control for driver gear selections that is different to the shifter that Fiat Chrysler recalled earlier this year for roll away issues. "Sometimes the shifter doesn't move at all, sometimes it shifts too far". The NHTSA said it would be launching a "preliminary evaluation" in light of the latest complaints about the Detroit company's vehicles. Read More

Continue Reading »

Companies Pay Record Fines over Petrobras Scandal

Panama's government on Thursday warned of punishment for public employees who took any of the more than $59 million in bribes paid by Brazilian construction company Odebrecht in return for contracts. Braskem is the largest regional petrochemical producer in Latin America, and is owned by both Odebrecht and Petrobras. The almost three-year "Car Wash" investigation, named for a Brasilia gas station where some of the alleged money laundering took place, also contributed to the downfall of ... Read More

Continue Reading »

Eye on UP, Modi, Rahul try to score with notebandi

Eye on UP, Modi, Rahul try to score with notebandi

Earlier, from Ahmedabad, Gandhi went to Unjha town where he offered prayers at the temple of Goddess Umiya. Modi ji need only say that he didn't take this money and submit himself to an inquiry. "This led to unprecedented trouble for our people especially, to the women", Patel said. Had Rahul Gandhi not reached out to the Prime Minister, the same electronic media, would have blamed him and given examples of the past, on how leaders came together on a matter of national importance. Read More

Continue Reading »

Manhunt underway in Little Rock after 3-year-old shot and killed

According to the report, a woman at the JC Penny called 911 on behalf of Acen's grandmother, Kim King-Macon. Asked how King-Macon might have initially missed that her grandchild had been shot, McClanahan says, "It was raining hard". Both King-Macon and the one-year-old who was also in the vehicle were uninjured in the attack. The male suspect, who has not yet been caught, apparently became enraged because he believed the grandmother "wasn't moving fast enough at a stop sign", spokesman ... Read More

Continue Reading »

United Nations believes 20 killed in Congo clashes

United Nations believes 20 killed in Congo clashes

Demonstrators have set up barricades and burned tyres in parts of Kinshasa and Lubumbashi in the south of the country. The French have come out with a statement condemning the violence and calls on the European Union to re-examine its relationship with the DRC; the Belgium government has said that its relations with the DRC "will be re-examined, with the greatest circumspection"; and Chairman of the U.S. Read More

Continue Reading »

Walgreens, Rite Aid to Sell Stores to Fred's for Merger Approval

Walgreens, Rite Aid to Sell Stores to Fred's for Merger Approval

Fred's operates stores in 15 southeastern states. Fred's said the deal would create a "new national competitor", as it positions the company to be the third-largest drugstore chain in the U.S. The agreement requires Fred's to continue to employ all workers at acquired Rite Aid stores, as well as some field and regional employees, and to operate those stores under the Rite Aid name during a 24-month transition period. Read More

Continue Reading »

Obama moves to protect arctic off-shore waters from oil drilling

While many lawmakers on the East Coast supported Tuesday's decision, lawmakers from Alaska sharply criticized it and other moves by the administration that have restricted oil development in that state. The Center for Biological Diversity - one of more than 45 environmental, coastal and indigenous groups that have been asking Obama to permanently protect US waters since writing a joint legal petition in March - hailed today's decision. Read More

Continue Reading »

Unsafe chemical leaks into Corpus Christi water

Customers of the City of Corpus Christi were notified on Wednesday, December 14, 2016 of a problem with our drinking water and were advised to avoid all contact and usage of tap water until further notice . The leak forced school closures, disrupted commerce and caused a run on bottled water at supermarkets. Meanwhile, Gov. Greg Abbott said his office is coordinating with the TCEQ, the Texas Division of Emergency Management and the Department of State Health Services on the issue. Read More

Continue Reading »

US consumer prices up 0.2 percent in November

US consumer prices up 0.2 percent in November

Energy prices were up 1.2 percent, a slowdown from a 3.5 percent surge in November. Energy prices were up 1.2%, led by a faster 2.7% price gain in gasoline. That follows a 1.6 percent year-over-year advance the prior month. Excluding the more volatile categories of food and fuel, the monthly CPI increase was also 0.2 per cent, up a tenth from October and driven mostly by the cost of housing. Read More

Continue Reading »

Delhi Police raids hotel, recovers Rs 3.25 crore in old notes

Delhi Police raids hotel, recovers Rs 3.25 crore in old notes

The Delhi Police Crime Branch and Income Tax Department held five persons here with Rs 3.25 crore in old currency notes , police said on Wednesday. The five men are carriers who have been arrested and identified as Ansari Abuzar, Fazal Khan, Ansari Affan, Ladu Ram and Mahaveer Singh, he said. No case has so far been filed against them by Delhi Police as the seizure does not amount to an offence under its purview, and they have been handed over to the IT department who would further ... Read More

Continue Reading »

Democrats press GSA for more information on Trump's DC hotel lease

The document's key part: No "elected official of the Government of the United States " shall be "admitted to any share or part of this Lease". They say the official "made clear that Mr. "In other words, Ms. Trump is all of the following-the President-elect's daughter, a top presidential transition team official, a lessee under the contract GSA oversees, and the primary contact for the GSA on the lease", the Democrats' letter reads. Read More

Continue Reading »

Mistry ousted as TCS director

Mistry was unceremoniously sacked in October as chairman of Tata Sons, the holding company of India's most famous family conglomerate-the $103 billion steel-to-salt Tata Group. The number of shares voted represented 86.71% of the total shareholding of TCS. Tata Industries is a non-listed subsidiary of Tata Sons. Other Tata group companies including Indian Hotels, Tata Steel, Tata Motors, and Tata Chemicals are scheduled to hold EGM's next week to decide Mistry's fate. Read More

Continue Reading »

IT Department seizes Rs 1000 crores unaccounted income post demonitisation

On Wednesday, new currency worth Rs 2.25 crore was seized during raids in Bengaluru and over Rs 3 crore in banned currency were found in a hotel in Delhi this morning. Finally the assessee admitted that the money found at the flat represented his unaccounted income. The police today seized Rs 37 lakh in the new Rs 2,000 currency notes from two persons in Hyderabad . Read More

Continue Reading »

WPI inflation falls to 3.15 per cent in November

On Tuesday, retail inflation data showed that consumer price-led inflation cooled to 3.6% in the month compared to 4.2% recorded in the previous month. The index for primary articles (weight 20.12 per cent) declined by 0.9 per cent to 259.4 from 261.8 for the previous month. Overall, the food basket showed moderation with inflation at 1.54 per cent in November as against 4.34 per cent in October. Read More

Continue Reading »

Protection zone declared as Avian Flu hits Europe

Protection zone declared as Avian Flu hits Europe

Within the Zone, bird keepers are legally obliged to take all practicable steps to ensure that poultry and other captive birds are kept separate from wild birds - in most cases this will be by keeping birds housed. Sheila Voas, Scotland chief veterinary officer said that the risk of a spread into poultry in the United Kingdom remains at "low, but heightened", although for wild birds the risk has been raised to "medium". Read More

Continue Reading »

Non-OPEC oil producers to cut output 558000 barrels a day

Non-OPEC oil producers to cut output 558000 barrels a day

Oil prices have more than halved in the past two years after Saudi Arabia raised output steeply in an attempt to drive higher-cost producers such as US shale firms out of the market. Crude prices have risen since the OPEC agreement was announced. Oil prices have more than halved in the past two years after Saudi Arabia raised output steeply in an attempt to drive higher-cost producers such as US shale firms out of the market. Read More

Continue Reading »

United States stocks on the rise as investors buy bank and tech shares

United States stocks on the rise as investors buy bank and tech shares

The Dow Jones Industrial Average rose 297.84 points, or 1.5%, to 19549.62, and the S&P 500 rose 29.12 points, or 1.3%, to 2241.35. Eastern time. The Standard & Poor's 500 index picked up 15 points, or 0.7 percent, to 2,227. The January crude oil contract climbed $1.07 to US$50.84 per barrel, as the Canadian dollar added 0.26 of a USA cent at 75.81 cents US. TRUMP TELECOMS: SoftBank's shares jumped almost 4 percent in morning trading in Tokyo after its CEO met with U.S. Read More

Continue Reading »

Sensex up 48 points; IT, FMCG stocks major gainers

The wider 51-scrip Nifty of the National Stock Exchange (NSE) edged up by 45.85 points or 0.56 per cent to 8,189 points. Risk appetite improved on the back of a rally in global markets after U.S. Among 30 Sensex constituents, SBI gained the most as it rose by 2.41%, followed by ICICI (2.35%), ONGC (1.61%), Axis Bank (1.51%) and ITC (1.20%). Bajaj Auto was battered the most by falling 2.05 per cent and Coal India lost 1.60 per cent. Read More

Continue Reading »

Trump unleashes tweet on Carrier union boss who blasted him

Trump unleashes tweet on Carrier union boss who blasted him

IN officials said December 1 the deal involved "preserving 1,069 high-wage jobs" as Carrier kept furnace manufacturing at the plant and received $7 million in tax incentives over 10 years. We know where you live. "I think the greatest impediment we have in the country today as far as economic growth, it's the not tax policy, it's regulatory policy", Pruitt said back in January. Read More

Continue Reading »

Zac Efron, Dwayne Johnson 'ready for duty' in first teaser of 'Baywatch'

Zac Efron, Dwayne Johnson 'ready for duty' in first teaser of 'Baywatch'

She exposed her bosoms to the fullest in a deep cut gown and thus gave enough pleasure to her fans. Baywatch will now release on May 26th 2017. The trailer has got more action sequence than the beach views, and the duo Zac & Dwayne Johnson promises to be a laugh riot together! There's sex - plenty of "boobs" (that's what they say, I'm not paraphrasing) and abs, and the Baywatch Babes running in slow motion.There's mystery - a dead body on the beach. Read More

Continue Reading »

GoDaddy to buy Host Europe for $1.82 billion

GoDaddy to buy Host Europe for $1.82 billion

The Arizona-based vendor of website services on Tuesday said it would pay €605 million (about $641 million) to HEG's owner-private-equity firm Cinven-and assume net debt of €1.08 billion. GoDaddy says it will integrate most of HEG's business, but will explore a sale of its PlusServer hosting unit. The HEG platform likely will be used by GoDaddy for follow-on deals in Europe, a person familiar with the deal said. Read More

Continue Reading »