US Oil Rig Count Drops by 7, Total Rigs Down by 15

In the week ended October 20, 2017, the number of rigs drilling for oil in the United States totaled 736, seven fewer compared with the prior week and up by ...
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Will Boeing Build More 767s?

Two major Asian carriers have said this week that they plan to spend a combined total of about $19.5 billion on new passenger jets from Boeing Co. (NYSE: BA). But ...
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Who Is Shopping for Super Bowl Tickets?

While it's only Week 7, it’s not too early for some fans to be looking ahead to February, which is when the 52nd Super Bowl will take place in Minnesota. ...
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Is More Consolidation on the Horizon for the Online Payment Space?

With e-commerce continuing to grow at an incredible rate, online payment processors are becoming a hot commodity in the financial sector. In part this has been spurred on by cryptocurrency ...
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September Existing Home Sales, Inventory Post First Gains in 4 Months

The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in September rose by 0.7% to a seasonally adjusted annual rate of 5.39 ...
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Target’s Serial Failures a Sign of Things to Come?

Target Corp.'s (NYSE: TGT) board chair and chief executive, Brian Cornell, for some reason believes that because his company has opened a new store in New York's Herald Square, and ...
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Procter & Gamble Faces More Headwinds Despite Earnings Beat

When Procter & Gamble Co. (NYSE: PG) reported its fiscal first-quarter financial results before the markets opened on Friday, the company said that it had $1.09 in earnings per share ...
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California Wildfires Caused 42 Deaths, More Than $1 Billion in Damage

The California Department of Insurance on Thursday released preliminary data on the loss of life and property damage due to recent wildfires in the both northern and southern California. The ...
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Polluted Air, Water Cost 9 Million Lives in 1 Year

In 2015, 9 million people died prematurely as a result of pollution. That's 16% of all human deaths worldwide for the year — three times more than deaths from AIDS, ...
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Sterling Bancorp Files for IPO

Sterling Bancorp has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing details were given in the filing, but ...
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Massive China Production Cuts Are Huge for Steel Stocks: 5 to Buy for 2018

For years politicians and investors moaned about China's overcapacity and dumping of steel into the U.S. and world markets, and for years they got away with it with impunity. With ...
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Top Analyst Upgrades and Downgrades: Baidu, Barclays, Celgene, HPE, Intel, Kimberly-Clark, Lululemon, PayPal, Stratasys and More

Stocks have hit new highs this week and went over 23,000 for the first time. Even after a weak opening on Thursday, the market managed to come back, and shares ...
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Why PayPal Is Pushing New All-Time Highs

PayPal Holdings Inc. (NASDAQ: PYPL) reported its third-quarter financial results after the markets closed on Thursday. The stock was indicated to hit an all-time high on the record numbers and ...
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General Electric’s Awful Q3 Earnings Just the Tip of the Iceberg

No matter how you look at it, General Electric Co.'s (NYSE: GE) third-quarter earnings report was nothing short of awful. The stock traded down more than 6% in Friday's premarket ...
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Jefferies Raises Price Targets on 3 Supermajor Oil Stocks to Buy

After trading in a tight range for the better part of 2017, oil looks to have finally broken out over the psychological $50 a barrel level, and given the massive ...
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