Markets

Nirmala Sitharaman as defence minister 'significant landmark': Arun Jaitley

Nirmala Sitharaman as defence minister 'significant landmark': Arun Jaitley

To a query whether her elevation showed Prime Minister Narendra Modi's commitment towards women empowernment, she said the Prime Minister has always been in favour. "What is more important is there ...

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Gilead Sciences, Inc. (NASDAQ:GILD) Experiences Heavier than Average Trading Volume

Gilead Sciences, Inc. (NASDAQ:GILD) Experiences Heavier than Average Trading Volume

The institutional investor held 63,544 shares of the basic industries company at the end of 2016Q4, valued at $7.45M, down from 66,591 at the end of the previous reported quarter. Harel Insurance Inve...

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Never favoured demonetisation, suggested alternatives: Raghuram Rajan

Never favoured demonetisation, suggested alternatives: Raghuram Rajan

In his new book, " I Do What I Do: On Reforms Rhetoric and Resolve", due to be released next week, Rajan said that he first gave his opinion orally in February 2016 and, subsequently, RBI submitt...

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Scorching heat, wildfires bake US West over holiday weekend

Scorching heat, wildfires bake US West over holiday weekend

No injuries have been reported, and one home has burned, officials said. On Friday, temperatures reached 111 degrees in Woodland Hills, tying the record for the date set in 2007. About 500 firefight...

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Oil down as USA refineries struggle from Harvey impact

Oil down as USA refineries struggle from Harvey impact

Gasoline prices fell for the first time in nearly two weeks, after rising 25 percent last month, as traders assessed the impact of Tropical Storm Harvey. Harvey has set a record for the greatest amoun...

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PM Modi's Big Cabinet Reshuffle Today

PM Modi's Big Cabinet Reshuffle Today

Significantly, while Sitharaman is ranked 26 in the Cabinet hierarchy, she is the first among the third generation to be a part of the prestigious Cabinet Committee on Security (CCS), which also inclu...

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Brock Osweiler Signs Back with the Denver Broncos

Brock Osweiler Signs Back with the Denver Broncos

The rest is history: Manning (and the Broncos' defense) lead the team to a Super Bowl victory with Osweiler on the bench. "When Brock made that decision he made the best decision that he thoug...

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Modi reshuffles cabinet: A fulltime woman Defense Minister

Modi reshuffles cabinet: A fulltime woman Defense Minister

In his 29-year long political career, he has been mentored by stalwarts such as former Prime Minister Atal Bihari Vajpayee and is now a part of the National Executive of the Party. Modi has inducted...

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Texas drivers rush to fill gas tanks as pump prices rise

Texas drivers rush to fill gas tanks as pump prices rise

The U.S. average for a regular gallon of gasoline rose to $2.519 as of Friday morning, the highest since August 2015 and a 17.5 cent increase since Aug. "We've got to get that gasoline into the DFW ar...

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Unofficial end of summer brings no heat relief in US West

Unofficial end of summer brings no heat relief in US West

San Francisco itself saw one of the hottest days in its history Friday at 106 but is now expected to recede into its usual cool-and-foggy summer pattern with dramatic temperature drops into the 80s ...

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Gasoline futures continue to soar on Harvey-related outages

Gasoline futures continue to soar on Harvey-related outages

European refining margins hit a two-year high amid the surge in exports. The total production capacity of the closed refineries is about 3.04 million barrels a day. Cains Lawrence (L), and Derrick Was...

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Gas prices continue to rise

Gas prices continue to rise

For the week, Brent was up 0.65 percent while US crude posted a weekly decline of 1.25 percent. "Because we have yet to have significant damage due to flooding, the market may breathe a sigh of reli...

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One-two punch causes Kansas gas prices to spike

One-two punch causes Kansas gas prices to spike

The Georgia-based company remains able to operate its pipeline from Louisiana to states east and northeast of there, though deliveries will be "intermittent", the company said. As more refineries come...

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North Korea: Kim Jong Un watches 'H-Bomb' loaded on new missile

North Korea: Kim Jong Un watches 'H-Bomb' loaded on new missile

North Korean leader Kim Jong-un inspected an H-bomb which can be fit on its ICBM during his visit to the Nuclear Weapons Institute, according to the Korean Central News Agency (KCNA). Last month, USA ...

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Gas prices jump overnight in some Canadian markets, led by BC, Quebec

Gas prices jump overnight in some Canadian markets, led by BC, Quebec

Patrick DeHaan, an analyst for GasBuddy , predicts that US gasoline prices will top out around $2.50 or $2.55 a gallon, an increase of up to 20 cents since Harvey hit, with bigger spikes clos...

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US Strategic Petroleum Reserve Can Ease Rising Gas Prices From Hurricane Harvey

US Strategic Petroleum Reserve Can Ease Rising Gas Prices From Hurricane Harvey

U.S. West Texas Intermediate (WTI) crude futures CLc1 were set to close the month down 7 percent, their steepest monthly loss since July 2016. Brent oil LCOc1, the global benchmark for crude trading...

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Gas prices have spiked 10 cents since Harvey hit

Gas prices have spiked 10 cents since Harvey hit

Others were seen operating at higher rates in order to boost profitability by meeting supply shortages. U.S. Gulf Coast refineries and fuel distribution terminals started to reopen on Saturday, a ...

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Gas prices rise slightly ahead of Labor Day weekend

Gas prices rise slightly ahead of Labor Day weekend

The Colonial Pipeline is a major fuel supplier to the East Coast which originates in Texas. "Refineries around the nation are now incentivized to send gasoline to Texas". It's among several Southern ...

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Ford Motor Company (NYSE:F) Experiences Heavier than Usual Trading Volume

Ford Motor Company (NYSE:F) Experiences Heavier than Usual Trading Volume

GM stock was up 1.9% to $37.24. Ford Motor Company (F) is recuperating from the fall at $10.47, the 52-week low. It has underperformed by 33.33% the S&P500. 17,259 were reported by Arete Wealth Ad...

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Gas prices skyrocket, with more gains expected for Labor Day weekend

Gas prices skyrocket, with more gains expected for Labor Day weekend

Many put the blame on Hurricane Harvey - which shut down almost a quarter of USA refining capacity when it struck the Gulf Coast, about 250 miles southeast of Dallas . The U.S. Energy Information...

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Ireland held by Georgia, Serbia win

Ireland held by Georgia, Serbia win

Got his goal, as he will do again for Ireland as he's always a threat in the opposition box from set-pieces, but he was the chief-hoofer out there today, particularly in the first half where he pump...

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Retail US gasoline prices surge after Harvey, global impact felt

Retail US gasoline prices surge after Harvey, global impact felt

The auto group anticipates gas demand this coming Labor Day weekend will be as high if not higher than previous year, when an estimated 1,032,000 North Carolinians and 460,000 South Carolinians travel...

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United States flood insurance is at risk

United States flood insurance is at risk

That means people are likely to keep on building where they're at risk of flooding, and not buying insurance. Several Houston-area homeowners and insurance experts also attributed the decreased cove...

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Most Harvey flood victims on hook to pay for home repairs

Most Harvey flood victims on hook to pay for home repairs

Others who do have it often discover they are not covered for flooding. Those divides could intensify this month as lawmakers confront three tasks: Formulating an aid package for hurricane victims, ra...

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Massive aid, insurance costs seen from Hurricane Harvey

Massive aid, insurance costs seen from Hurricane Harvey

Many people think it won't happen to them because they're in a low-risk area of that their homeowner's insurance will cover it if it does happen but a typical homeowner's policy doesn't cover flood d...

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Could Hurricane Harvey impact South Florida's homeowner insurance rates?

Could Hurricane Harvey impact South Florida's homeowner insurance rates?

Now nearly half a century old, the NFIP grew out of what was, at the time, a basic reality of the insurance business: Flooding risks were actuarially imponderable, so insuring against them was unecono...

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Government flood insurance on the brink after Harvey, fmr. FEMA director says

Government flood insurance on the brink after Harvey, fmr. FEMA director says

For homeowners in high-risk areas it could become too expensive and out of reach. "Unfortunately, we don't have an LBJ". Contact your Agent or Company Representative Immediately . Right now the ins...

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Majority of Harvey victims do not have flood insurance

Majority of Harvey victims do not have flood insurance

She figured she could put the $450 annual premium, due next week, to another use. The NFIP is already deeply in debt and likely will have to be bailed out again by USA taxpayers, as it was after Kat...

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Hurricane Harvey: Five Key Facts Texans Must Know About NFIP Flood Claims

Hurricane Harvey: Five Key Facts Texans Must Know About NFIP Flood Claims

It also slammed FEMA for leaving the federal flood insurance program - called the National Flood Insurance Program at "risk for fraud, waste, abuse, or mismanagement". "At the end of the day, this i...

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Hurricane Harvey: Five Key Facts Texans Must Know About NFIP Flood Claims

Hurricane Harvey: Five Key Facts Texans Must Know About NFIP Flood Claims

It also slammed FEMA for leaving the federal flood insurance program - called the National Flood Insurance Program at "risk for fraud, waste, abuse, or mismanagement". "At the end of the day, this i...

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FEMA Warns Harvey Victims about Scammers

FEMA Warns Harvey Victims about Scammers

That's according to an Associated Press analysis of federal flood insurance data. It slammed Rockport, Texas as a Category 4 storm when it came ashore last Friday - but was downgraded to a tropical ...

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Hurricane Harvey: 70% of home damage costs aren't covered by insurance

Hurricane Harvey: 70% of home damage costs aren't covered by insurance

Hurricanes wreak havoc of many kinds, but Harvey has caused mostly flooding damage due to heavy rain in and around Houston. "It can be financially devastating". For now, flood insurance for ordina...

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Flood Insurance: Do you need it?

Flood Insurance: Do you need it?

Ware Wendell, director of Texas Watch, a consumer advocacy group specializing in insurance issues, said a "man-made catastrophe" could quickly follow the natural catastrophe that struck the Coastal Be...

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Many Texans without flood insurance as Harvey keeps hammering Gulf Coast

Many Texans without flood insurance as Harvey keeps hammering Gulf Coast

Why homeowners in flood-prone areas don't buy what is now low-cost flood insurance is a real mystery. The Federal Emergency Management Agency says the program "aims to reduce the impact of floodin...

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Who will bear the financial burden for Harvey's rampage? Not insurance companies

Who will bear the financial burden for Harvey's rampage? Not insurance companies

The reform legislation championed by Rubio, Warren and Sen. Insurance experts say only a small fraction of homeowners in Harvey's path of destruction have flood insurance. He also wants to persuad...

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How Federal Flood Insurance Puts Homes at Risk

How Federal Flood Insurance Puts Homes at Risk

The federal program for paying out flood insurance claims is severely in debt. That same day, meteorologists had upgraded Harvey from a tropical depression to a full-blown hurricane, and the news wo...

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Thompson Siegel & Walmsley LLC Sells 11473 Shares of JetBlue Airways Corporation (JBLU)

Jpmorgan Chase & reported 824,299 shares stake. Its up 21.1% from 98,600 shares previously. With 184,300 avg volume, 12 days are for Cato Corporation (NYSE:CATO)'s short sellers to cover CATO's short ...

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JetBlue Airways Corporation (JBLU) Rating Lowered to Buy at ValuEngine

JetBlue Airways Corporation (JBLU) Rating Lowered to Buy at ValuEngine

Renaissance Technologies Ltd accumulated 167,800 shares. About 5,301 shares traded. Southcross Energy Partners LP (NYSE:SXE) has risen 119.90% since September 1, 2016 and is uptrending. The firm has...

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The Discovery Communications (DISCA) and Nexstar Broadcasting Group (NXST) Head-To-Head Contrast

The rating was upgraded by Vertical Research to "Buy" on Tuesday, January 3. ( NXST ) to grow. At recent closing price of $60.2, NXST has a chance to add $25.3 or 42.03% in 52 weeks, based on mean tar...

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Dominion Midstream Partners, LP (DM) Lifted to "Overweight" at Morgan Stanley

Investors may also be paying close concentration to some simple moving average indicators on shares of Pitney Bowes Inc. The days to cover increased to 5.0 and the percentage of shorted shares is 0.01...

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