Business

Harvey's Sucker Punch to US Refineries Sends Oil Market Into a Tailspin

Harvey's Sucker Punch to US Refineries Sends Oil Market Into a Tailspin

Harvey , the most powerful hurricane to hit Texas in more than 50 years, was set to dump more rain on Houston on Monday, worsening flooding that has paralyzed the country's fourth biggest city. There may also be around 300,000 bpd of onshore USA production shut in, trading sources said. If U.S. oil production is little affected, there could be excess crude as refiners stay shut and don't process crude to produce fuel.


The Finish Line, Inc. (FINL) Cut to Neutral at Robert W. Baird

The Finish Line, Inc. (FINL) Cut to Neutral at Robert W. Baird

Some investors may prefer growth stocks while others may opt for value stocks. Poor earnings drove Finish Line's shares down 22% to $8.10. The shares were sold at an average price of $22.71, for a total value of $170,892.75. This dividend amount will represent a yeild of $4.12. It dived, as 35 investors sold Finish Line Inc shares while 49 reduced holdings. Also, COO Melissa A.


Hurricane Harvey: 'Unprecedented' Houston flooding to leave 30000 people homeless

Hurricane Harvey: 'Unprecedented' Houston flooding to leave 30000 people homeless

Some parts of Houston and its suburbs could get as much as 1.3 metres of rain in total, which would be the highest amount ever recorded in Texas , the U.S. A spokesman for the NYPD said they sent 33 Emergency Service Unit officers and six K-9 officers to Houston . The federal response to Harvey includes providing electricity to essential locations, such as hospitals and 911 call centers, and delivering essential items as quickly as possible.


Rep. Barletta Running for Sen

Rep. Barletta Running for Sen

Republican Lou Barletta has released a campaign video announcing his run for the seat held by two-term Democrat Senator Bob Casey . In a video posted on his campaign website, the Hazleton lawmaker formally announced the Senate bid that he's been publicly mulling since May with encouragement from President Donald Trump .


What Should You Know About Best Buy Co Inc's (BBY) Future?

What Should You Know About Best Buy Co Inc's (BBY) Future?

BidaskClub upgraded shares of Best Buy Co. from a "buy" rating to a "strong-buy" rating in a research note on Thursday. Huntington National Bank now owns 2,050 shares of the technology retailer's stock worth $118,000 after buying an additional 318 shares in the last quarter.


Amazon's official Whole Foods purchase hits grocery and foods sector

Amazon's official Whole Foods purchase hits grocery and foods sector

The deal comes as Amazon has looked to expand its own grocery stores and food markets . Starting Monday, Whole Foods' famously high prices on some staple products dropped by as much as 43 percent: a dozen organic eggs, for instance, now cost $3.99 instead of $4.29.