Business

United States cuts 2018 crude production forecast amid lower prices

United States cuts 2018 crude production forecast amid lower prices

Benchmark Brent crude was down 10 cents at $46.78 a barrel. Refinery crude runs fell by 19,000 barrels per day, API data showed. US heating oil futures, meanwhile, gained 1.6 percent on Tuesday, boosting the products crack spread CL321-1=R , a measure of refinery margins, to the highest since late May.


Twitter Inc (NYSE:TWTR) Names New CFO

Twitter Inc (NYSE:TWTR) Names New CFO

The company has always been criticized for not doing a great job of explaining its value - though it's trying with a new slate of TV commercials - and its shares reached their five-year high nearly five years ago. Meanwhile, shares of Twitter were trading up 3.10% on Tuesday. Segal's background and experience "are an ideal fit for Twitter as we work to extend our positive momentum, continue growing our audience and achieve greater operating efficiency", Dorsey said in the statement.


USA seeks vote on tougher United Nations sanctions against N Korea

USA seeks vote on tougher United Nations sanctions against N Korea

The statement appears to be a reference to the U.S. Department of the Treasury's decision to sanction Chinese companies and citizens for doing business in North Korea in violation of global sanctions prohibiting such activities. Trade between China and North Korea grew nearly 40% in the first quarter. Xi told Trump that China remains "firmly committed to denuclearizing the ( Korean) peninsula ", according to a report from China's state-run Xinhua news agency.


Steady Stock Movements: Arena Pharmaceutical (ARNA)

Steady Stock Movements: Arena Pharmaceutical (ARNA)

Leerink Swann initiated coverage on Arena Pharmaceuticals in a research report on Friday, May 19th. The firm has a 50 day moving average of $13.76 and a 200 day moving average of $14.27. The company had a trading volume of 1,284,126 shares. With the recent stock price activity, investors may be trying to gauge which way the stock is going to trend heading into the second half of the year.


What Analysts Think of Barracuda Networks Inc (CUDA)?

What Analysts Think of Barracuda Networks Inc (CUDA)?

Sell-side analysts have also provided a consensus recommendation of 2.00 on company shares. MA increased its stake in Barracuda Networks by 1.2% in the first quarter. COPYRIGHT VIOLATION NOTICE: This piece was first published by BBNS and is owned by of BBNS. If you are accessing this story on another website, it was illegally copied and republished in violation of U.S.


When will the Senate really get to work on health care?

When will the Senate really get to work on health care?

The announcement came as Senate Republicans attempt to come to a consensus on a healthcare bill and lawmakers are also under pressure to make progress on the debt ceiling and tax legislation. "As we've said time and time again, Democrats are eager to work with Republicans to stabilize the markets and improve the law". That should have happened long ago, but if it does happen now, we'll take it.