• ONGC Reports 6% Fall In Fourth-Quarter Net Profit
ONGC Reports 6% Fall In Fourth-Quarter Net Profit

ONGC said that during the last fiscal, the Union government has settled the issue of the company's royalty dues with the governments of Gujarat and Assam, on the basis of which the Supreme Court has disposed of the special leave petition in the matter.

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  • Oil rises after dip on disappointing OPEC meeting outcome
Oil rises after dip on disappointing OPEC meeting outcome

After sparing its prized U.S. market from oil-output cuts, Saudi Arabia plans to "markedly" reduce exports to its political ally in the coming weeks in an effort to reduce swollen and highly visible crude inventories in the world's biggest consumer.

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  • US EIA reveals volume of petroleum import from OPEC
US EIA reveals volume of petroleum import from OPEC

Goldman Sachs warned that the biggest risk to oil markets was what would happen next year, at the end of the OPEC-led production cut . Asian stock markets were mixed Friday as investors weighed Wall Street's latest gains on strong earnings reports against the latest oil production cut, which dragged down crude prices and commodity shares.

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  • Q2 2017 EPS Estimates for Chesapeake Energy Co. Decreased by Analyst (CHK)
Q2 2017 EPS Estimates for Chesapeake Energy Co. Decreased by Analyst (CHK)

Chesapeake Energy Corporation (CHK ) belongs to the "Basic Materials" sector with an industry focus on "Independent Oil & Gas", with Mr. Robert Douglas Lawler as Chief Exec. TRADEMARK VIOLATION WARNING: This report was originally reported by BBNS and is the sole property of of BBNS. If you are accessing this piece on another website, it was illegal...

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  • US diplomat: China tightened border controls with N. Korea
US diplomat: China tightened border controls with N. Korea

The North Korean government has in the past used detained citizens to leverage high-level visits and negotiations, with the most recent bill attempting to tackle both this type of hostage diplomacy as well as the funds generated by US tourists visiting the DPRK.

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  • Lawyer: Jared Kushner willing to answer questions on Russian meetings
Lawyer: Jared Kushner willing to answer questions on Russian meetings

The interest in Kushner does not mean investigators suspect him of a crime or intend to charge him, the officials told NBC News . Exactly what investigators want to know from Kushner (whose lawyer said he will cooperate) isn't clear.

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  • FBI examines Kushner meetings with Russians
FBI examines Kushner meetings with Russians

But behind the scenes, Trump and his team appear to have worked assiduously to get FBI investigators to either stop their digging, or to lean on congressional and intelligence officials to get them to back Trump by saying there is nothing there.

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  • Oil Holds Advance as Saudis, Russia Favor Output Cut Extension
Oil Holds Advance as Saudis, Russia Favor Output Cut Extension

Longer cuts at already agreed-upon volumes are needed to reduce global inventories to the five-year average, the energy ministers of the world's biggest crude producers said at a joint press briefing in Beijing on Monday. USA shale's favorite financial trick is getting less attractive. US energy firms have added oil rigs for a 17th week in ...

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  • Asian shares gain, tracking Wall St advance, oil price rally
Asian shares gain, tracking Wall St advance, oil price rally

Hormel's stock gave up $1.71, or 4.8 percent, to $33.69. While investors continue to see a rate increase as highly likely next month, the minutes showed that the Fed's rate-setting committee "generally" believed it hinged on the economy rebounding from its sharp slowdown in the first quarter.

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  • Oil plunges 5 pct on disappointment with OPEC cuts
Oil plunges 5 pct on disappointment with OPEC cuts

Not only did Opec underwhelm the market , many commentators believe curtailment of the cartel's output will be matched by further increases in United States shale production, with the headline output stateside tipped to rise to 10m bpd. When another 11 oil-producing nations joined the accord the following month, the scope of cuts was increased t...

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  • Check Out The Ultimate Growth Story: Comcast Corporation (CMCSA)
Check Out The Ultimate Growth Story: Comcast Corporation (CMCSA)

Hedge funds and other institutional investors have recently modified their holdings of the company. First American Bank increased its position in shares of Comcast Co . Comcast's dividend payout ratio (DPR) is presently 30.81%. If you are viewing this news story on another publication, it was illegally copied and republished in violation of USA ...

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  • Mark Zuckerberg just used a Hebrew prayer to inspire Harvard '17
Mark Zuckerberg just used a Hebrew prayer to inspire Harvard '17

That idea is gaining attention as more and more jobs become automated and economists worry about a future with a large number of unemployed workers. "And it goes, 'May the source of strength, who's blessed the ones before us, help us find the courage to make our lives a blessing.' I hope you find the courage to make your life a blessing".

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  • HL Financial Services LLC Acquires New Position in Synchrony Financial (SYF)
HL Financial Services LLC Acquires New Position in Synchrony Financial (SYF)

Amg National Trust Bank, which manages about $1.21 billion US Long portfolio, decreased its stake in Columbia Banking System Inc (NASDAQ:COLB) by 6,931 shares to 15,104 shares, valued at $675,000 in 2016Q4, according to the filing. Shareholders of record on Monday, May 8th were paid a $0.13 dividend. This represents a $0.52 annualized dividend and ...

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  • US durable goods orders fell for first time in 5 months
US durable goods orders fell for first time in 5 months

The decline follows four straight increases, including a revised 2.3% bump in March that was originally put at 1.7%. Durable goods orders fell 0.7 percent sequentially, as compared with consensus expectations of a drop of 1.5 percent. Durable goods orders, stripping transportation also fell 0.4 percent sequentially. Orders dropped in April for mach...

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  • China Hit With First Credit Downgrade In Decades
China Hit With First Credit Downgrade In Decades

China's Finance Ministry Wednesday dismissed a decision by global rating agency Moody's to downgrade China's credit ratings. The Chinese finance ministry said Moody's had exaggerated the economic situation in China, and was based on "inappropriate methodology".

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  • Rainy Friday ahead of seasonable holiday weekend in Albany area
Rainy Friday ahead of seasonable holiday weekend in Albany area

The temperature , however, will be in the low 80s, so it will feel pretty nice through most of the day. On Monday there is a higher chance of rain showers for New York City with cloudy to partly cloudy skies and a high around 70F. Monday night - A 40 percent chance of showers. Sunday night brings up to an 80 percent chance of showers wi...

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  • ITC Q4 profit rises 12% on higher cigarette sales, shares up 3%
ITC Q4 profit rises 12% on higher cigarette sales, shares up 3%

The revenue growth, after severe disruption in the third quarter operations, was driven mainly by agri-commodities, branded packaged foods and personal care business as well cigarettes. "The incipient recovery in demand witnessed around the middle of the year was adversely impacted by the cash crunch especially during the third quarter", it added.

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  • OPEC cuts not enough for investors
OPEC cuts not enough for investors

The Organization of the Petroleum Exporting Countries (OPEC) on Thursday agreed to extend until March 2018 an oil output cut agreement put in place for six months effective from 1 January and will expire in June, Iranian media reported.

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  • Police Make 2 More Arrests In Connection With Manchester Concert Attack Investigation
Police Make 2 More Arrests In Connection With Manchester Concert Attack Investigation

Home Secretary Amber Rudd had earlier criticized United States officials for sharing details of the atrocity with American media. More than 100 people were injured and 64 are still in hospital. "The alleged leaks coming out of government agencies are deeply troubling", Trump said. A picture released by British authorities of Salman Abedi ,...

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  • Britain's solar power output hits record amid heat wave - National Grid
Britain's solar power output hits record amid heat wave - National Grid

Solar generation reached a record high of 8.7 GW in the United Kingdom today, providing 24.3% of demand, according to grid operator National Grid . In the United States and Australia, energy advocates with a political ax to grind allege that too much renewable energy dangerously destabilizes the electrical grid, but the UK grid operator, Nationa...

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  • US growth in Q1 revised up to 1.2 pct. but still weak
US growth in Q1 revised up to 1.2 pct. but still weak

This reflected upward revisions to business investment, consumer spending, and state and local government spending that were partly offset by downward revision to private inventories. The Commerce Department's Friday report shows expansion at a 1.2 percent annual rate in January, February and March. "There were slight improvements in all of t...

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  • Persistently low gas prices prompt more summer road trips, GasBuddy study finds
Persistently low gas prices prompt more summer road trips, GasBuddy study finds

You're not alone. Automobile travel is expected to increase 2.4 percent over the Memorial Day weekend (May 25-29) from 2016, with 34.6 million Americans planning a road trip, according to AAA . The U.S. agency forecast this summer's gas prices to average $2.39 a gallon, or 16 cents a gallon higher than last summer. Tennessee's average price of $2....

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  • Trump budget could cost Idaho schools $16.1 million
Trump budget could cost Idaho schools $16.1 million

Senate GOP to start writing its healthcare bill Trump budget chief: Medicaid cuts won't affect anyone now on program Medicare's billion challenge: preventing older adult falls MORE (I-Maine) at a Senate Budget Committee hearing, Mulvaney argued that the cuts would simply slow the growth of Medicaid spending, not cut the program.

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  • Oil price plunges 4% as OPEC agrees to extend production cuts
Oil price plunges 4% as OPEC agrees to extend production cuts

Oil extended losses after the biggest slump in three weeks as OPEC's move to prolong supply cuts for nine months disappointed investors hoping for more than the plan that had been flagged days earlier. Non-OPEC countries led by Russian Federation chipped in with a further 600,000-barrel reduction. Ann-Louise Hittle, vice president at energy consu...

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  • Major UK parties restart election push, under shadow of security threat
Major UK parties restart election push, under shadow of security threat

The threat level was raised to "critical" on Tuesday from "severe", which means a terror attack is imminent and British army members were deployed to assist nationwide security. British police briefly suspended intelligence sharing with the United States on Thursday after confidential details of their investigation repeatedly appeared in American m...

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  • Supreme Court agrees lawmakers relied on race in NC redistricting
Supreme Court agrees lawmakers relied on race in NC redistricting

Voters in those districts sued, claiming that the lawmakers had intentionally reduced African American voter turnout in other parts of North Carolina. The court rejected the argument from North Carolina lawmakers that the objective of drawing the maps was not race discrimination but an attempt to gain a partisan advantage.

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  • Analysts Perspectives: Barrick Gold Corp (NYSE:ABX)
Analysts Perspectives: Barrick Gold Corp (NYSE:ABX)

Therefore 25% are positive. Key Energy had 11 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has "Neutral" rating by Clarkson Capital given on Tuesday, February 16. While considering growth estimates of the company, it has next quarter growth estimates of -16.7% whereas during current quarter it has 28.6% estimations over ...

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  • Manchester police stop sharing info with U.S. after leaks, report says
Manchester police stop sharing info with U.S. after leaks, report says

Manchester mayor Andy Burnham tweeted: "Complained to acting US Ambassador about leaks out of USA and was assured they would stop". Manchester attack intelligence sharing with the United States has stopped until assurances are given, official sources have told Sky News.

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  • Troops pull out of Brazil capital
Troops pull out of Brazil capital

Key leaders in the governing coalition of embattled Brazilian President Michel Temer are now speculating about who might replace him if he is forced from office by a corruption scandal — frank talk that underscores his fragile grasp on power.

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  • UK parties not giving full picture on likely tax rises
UK parties not giving full picture on likely tax rises

Secondly the economically damaging measures of increasing tax, alongside minimum wage increases and other labour market regulation. The thinktank's deputy director, Carl Emmerson, added: "The shame of the two big parties' manifestos is that neither sets out an honest set of choices".

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  • Essex Property Trust, Inc. (NYSE:ESS) Holding Above The Trend Line
Essex Property Trust, Inc. (NYSE:ESS) Holding Above The Trend Line

Liberty Property Trust has a 52-week low of $36.22 and a 52-week high of $42.26. Long Pond Capital LP boosted its stake in Essex Property Trust by 118.0% in the third quarter. COPYRIGHT VIOLATION NOTICE: This story was reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this news story on another site, it was illegally ...

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  • ImmuPharma PLC (IMM) Earns Buy Rating from Northland Securities
ImmuPharma PLC (IMM) Earns Buy Rating from Northland Securities

Pinnacle Associate invested 0.05% in Energy Transfer Equity LP (NYSE:ETE). TRNC's SI was 535,800 shares in May as released by FINRA. 2,852 shares valued at $438,809 were sold by O'Brien Anthony F on Friday, March 3. Societe Generale set a GBX 580 ($7.55) price objective on shares of BP plc and gave the company a "buy" rating in a research note on T...

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  • Pak hikes defence budget by 7 pc amid tensed ties with India
Pak hikes defence budget by 7 pc amid tensed ties with India

Its growth rate came in at 3.46pc, narrowly missing its target. Finance Minister Ishaq Dar will present the budget in the National Assembly at four in the afternoon. However, he said that tax collection increased after the implementation of the new property valuation methodology by the Federal Board of Revenue in 2016.

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  • Donald Trump meets Pope Francis at the Vatican
Donald Trump meets Pope Francis at the Vatican

Adding to the sting, predecessor Robert Gibbs got to meet the Pope Benedict when President Obama visited early in his presidency, as did Denis McDonough, then a national security aide. Trump clashed with Pope Francis during the campaign, but expressed his deep appreciation for the papal audience he received. He also said the thought a successful ...

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  • New York City mayor still won't cheer for hometown Yankees
New York City mayor still won't cheer for hometown Yankees

Some placards are expired. But Twitter user " Placard Corruption " said it's about the will, not the manpower. The Department of Transportation has issued 54,020. Even as de Blasio inveighed against city personnel who illegally park, at least two vehicles were left in no-standing zones around the corner from the announcement: a photocopied cover ...

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