Oil prices move higher after OPEC expects demand to build

11.08.2016

Global oil prices declined nearly 15 percent in July over concerns oversupply of crude and finished products would delay the rebalancing of the market. OPEC President Mohammed bin Saleh Al-Sada, the Qatari energy minister, said this week that the organization would hold talks next month , and that members often discuss ways of stabilizing the market.

Dollar drops as Fed rate rise prospects reassessed

Dollar drops as Fed rate rise prospects reassessed

11.08.2016

Oil prices slipped after a surprise United States crude stockpile build rekindled worries about a persistent global glut. The greenback also sagged against the euro and Australian dollar after downbeat productivity data sapped some of the momentum it had gained from last week's robust U.S.jobs report.[L1N1AQ0EN] The dollar was down 0.6 percent at 101.325 yen, having gone as high as 102.660 on Monday on the strong nonfarm payrolls data.

Kidney racket busted: CEO of Hiranandani Hospital, 4 doctors held

Kidney racket busted: CEO of Hiranandani Hospital, 4 doctors held

11.08.2016

However, Defence lawyer Abad Ponda opposed the remand on the ground that the main accused in the case had already been granted pre-arrest bail by a city court, that the man who forged documents in the case was roaming around free and that they had not produced any evidence against the doctors.

Back-to-school: Look out for the big yellow buses

Back-to-school: Look out for the big yellow buses

11.08.2016

You must be at least 21 years old and have a valid IL driver's license. A driver then has their permit and has to complete 40 hours of classroom and behind the wheel training. Parents should remind their children they should stay on their side of the road, far away from traffic, until the school bus arrives, only cross in front of the bus, never go back for anything left or dropped near the bus and never bend down near or under the bus.

US productivity falls for third straight quarter

US productivity falls for third straight quarter

11.08.2016

Productivity fell by 0.5 percent in the second quarter after sliding by 0.6 percent in the first quarter. Economists surveyed by The Wall Street Journal had expected productivity to rise at a 0.4% rate and unit labor costs to increase at a 1.8% pace during the second quarter.

Billionaire Trump supporter: US economy at a 'precipice'

Billionaire Trump supporter: US economy at a 'precipice'

11.08.2016

Icahn then defended comparing supporters of Trump, the Republican presidential nominee, with Bunker, a character seen as gruff and bigoted. He said certain rules have "run amok" and are "absolutely killing business" by discouraging capital spending on machinery and factories, hurting productivity and competitiveness.

Scripps Networks (SNI) Beats on Earnings in Q2 August 09, 2016

11.08.2016

Stock's minimum price target estimates has been figured out at $54.00 while the maximum price target forecast is established at $90.00. 15 analysts have rated the company as a "Hold". Commenting on the results, Kenneth W. Lowe, president, chairman and CEO, said: " Scripps Networks Interactive generated another quarter of strong operating performance".

Impax Laboratories Inc. (IPXL) Posts Earnings Results, Misses Expectations By $0.12 EPS

Impax Laboratories Inc. (IPXL) Posts Earnings Results, Misses Expectations By $0.12 EPS

11.08.2016

This means 20% are positive. LinkedIn Corporation (NYSE:LNKD) is -25.73% away from its 52 week high. The $39.38 average target is 78.76% above today's ($22.03) stock price. A President, Impax Pharm.in the company, Nestor Michael, on Thursday September 10, 2015 collected $217,800 from the sale of 5,000 shares at a per-share price of $43.3.

Michael Kors putting an end to coupons and promotions

Michael Kors putting an end to coupons and promotions

11.08.2016

Kors' Q1 diluted EPS edged up a penny to 88 cents, beating by 14 cents a share. While the public company reported earnings per share and revenue that topped its expectations, the hard climate for luxury showed its face in the brand's report for the period ended July 2.

Delta Is Cancelling 300 More Flights Today

Delta Is Cancelling 300 More Flights Today

11.08.2016

Delta cancelled hundreds of flights and hundreds more were delayed as it worked to reset its operation following a loss of power in Atlanta that affected Delta computer systems and operations worldwide. Until Monday, Delta had been considered among the leaders in operations and was thought to be immune to big IT problems. Delta extended its travel waiver to customers who are traveling on August 9.