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Red Cross preparing for extended disaster relief

Red Cross preparing for extended disaster relief

The Red Cross posted a video to its national twitter page Tuesday asking potential volunteers to be patient with the sign-up system, explaining that "our systems are taxed, and are being upgraded". Disney has partnered with Red Cross and will host a Day of Giving across all of their cable and social media platforms, such as ABC and Freeform, to assist in relief efforts.


The BT Group PLC (BT) Lowered to

The BT Group PLC (BT) Lowered to "Hold" at Zacks Investment Research

JP Morgan maintained Hays plc (LON:HAS) rating on Friday, August 28. The firm has "Neutral" rating by Macquarie Research given on Tuesday, July 18. RBC Capital Markets has "Hold" rating and $7700 target. James accumulated 353,284 shares. Us Bancorporation De invested in 0% or 14,464 shares. Dillon & Associate invested in 0.41% or 11,275 shares. Covington Capital Management reported 10,657 shares or 0.03% of all its holdings.


Eurozone CPI inflation hits 1.5% in August

Eurozone CPI inflation hits 1.5% in August

Inflation in August was above a consensus forecast of 1.4%, but it continues to undershoot the ECB's target of "below, but close to" 2%. The seasonally-adjusted rate came in at 9.1%, unchanged from June and in line with economists' expectations.


Colonial Pipeline shuts down Line 1 and 2

Colonial Pipeline shuts down Line 1 and 2

The pipeline has two main lines that together transport more than 100 million gallons of gasoline, heating oil and aviation fuel as far as the NY harbor each day. Since then, the company has said its Lines 1 and 2 will continue running after all, but deliveries will be intermittent and dependent on terminal and refinery supply.



Gasoline Prices Up After Harvey Wrecks Texas Refineries

Explorer Pipeline, which runs from Texas to Chicago, will shut two lines early this morning. Spot prices for US gasoline futures RBc1 surged 7 percent to a peak of $1.7799 per gallon, before easing to $1.7135. Some analysts believe the hit from Harvey, coupled with holiday travel demand could increase prices anywhere from 5 to 25 cents per gallon. The Gulf Coast also exported 2.7 mb/d of refined products in May, much of which was sent to Latin America and Europe.


Gasoline jumps 4 pct, oil mixed as storm hits more refineries

Gasoline jumps 4 pct, oil mixed as storm hits more refineries

The U.S. Northeast was already dealing with reduced supply. Jefferies bank said it was lowering its fourth-quarter Brent oil price estimates to $55 a barrel from $60 and its 2018 forecast to $57 from $64. US crude and product stocks, typically watched closely by oil investors as they reflect market balancing, were largely ignored this week. The amount being charged for gasoline will likely go up as the crippled energy industry in and around Houston continues to deal with the historic storm's ...