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Cenovus closes in on paying off Conoco deal with asset sale


Cenovus Energy Inc (TSE: CVE ) (NYSE: CVE ) had its price objective upped by National Bank Financial from C$12.50 to C$13.00 in a research note published on Friday morning. The company has a 50-day moving average price of $11.75 and a 200 day moving average price of $11.43. During the same period previous year, the business earned ($0.05) earnings per share. Read More »

Turkey condemns Afghanistan mosque attacks


The explosion occurred at around 6:30pm when the worshippers were doing the evening prayer. A suicide bomber killed at least 30 people in a Shiite mosque in the Afghan capital, Kabul , a senior security official told local media. The Ministry of Public Health said in a statement that numerous wounded are in critical condition. Mohammad Iqbal Nizami, the spokesman for the provincial chief of police, says the bomber struck during Friday prayers, killing 33. Read More »

Oil Prices Up as Iraq Tensions Escalates


This is months after of range-bound trading during which OPEC-led supply cuts buoyed crude prices but rising USA output capped markets . Brent crude advanced by 20 cents to $58.02 a barrel (bbl) by 6:35 a.m. President Donald Trump last week refused to certify Iran's compliance with a 2015 worldwide agreement to curb the Islamic Republic's nuclear program in exchange for economic sanctions relief. Read More »

Do You Own Netflix, Inc. (NASDAQ:NFLX) Shares?


Netflix's stock rose 1 percent in extended trading, putting it on track to touch new highs Tuesday. OppenheimerFunds Inc. increased its position in Netflix by 1.6% during the first quarter. Netflix has said it will be increasing its yearly spend to a cheek-slapping $8 billion (£6.2 billion) in 2018, as part of a push to have 50% of its library be originally produced content. Read More »

British pound sinks as BOE members signal unwillingness to raise rates


Bank of England Governor Mark Carney said the monetary policy is stimulative and fiscal policy is restrictive and United Kingdom faces variety of headwinds. The Office for National Statistics said consumer price inflation was 3 per cent in the year to September, up from the previous month's 2.9 per cent. She added that a premature rate hike could prove more costly to the economy than an early rate cut. Read More »

Toro Rosso announces Brendon Hartley for US GP

Secondly, Carlos Sainz Jr., who drove for Toro Rosso for most of this season, is heading to Renault in 2018, but he will actually start with the team next weekend in the United States Grand Prix as Jolyon Palmer's replacement, leaving a seat open at Toro Rosso. Read More »

Parsec Financial Management Inc. Boosts Position in Wells Fargo & Company


The stock increased 0.61% or $0.06 on October 13, reaching $9.84. About 344,985 shares traded. Gladstone Investment Corporation (NASDAQ:GAIN) has risen 34.32% since October 14, 2016 and is uptrending. The legal version of this report can be read at Read More »

BMW aiming to grow Mini brand in China


The sales are a sign that the company's recently announced plans to electrify more of its fleet may pay off. The two companies are discussing the possible export of Mini brand cars from China to other markets, said the officials, who asked not to be identified because the deliberations are private. Read More »

Another Titan Enters the Food Delivery Game: Facebook


Facebook Vice President Alex Himel said, "People already go to Facebook to figure out what to eat by reading about nearby restaurants, and seeing what their friends say about them". The process works the same way - simply select the restaurant and Facebook will redirect you to their ordering service . Once you click " start order ", the menu options pop-up and after you've chosen your dinner of three orders of wontons, you can enter your address and payment options, and then resume checking ... Read More »

Ophelia strengthens to a Category 2 hurricane


Hurricane Ophelia was "accelerating" in the Atlantic as it marched toward Europe Friday morning (Oct. 13), according to the latest update from the National Hurricane Center . Temperatures in the mid-Atlantic are typically too cool for hurricanes to develop. No coastal watches or warnings are in effect, though forecasters say residents of the eastern Azores should keep an eye on the storm. Read More »

Walmart: New HQ Could Cost Up to A Billion


The retail chain said the app will let its clients to enter all the needed information about the return before coming to the store, where a Walmart staff will facilitate the transaction in less than a minute. Given 90% of Americans live within 10 miles of a Walmart store, it's never been faster or easier to make an online return. As process continues on the headquarters, Walmart is making other smaller changes as well. Read More »

Ouch! Netflix Is Raising Its Prices, So You Better Binge Now


That's $1-2 extra per month, which doesn't sound like a lot, but that's $12-24 per year, depending on the plan you have. Wedbush's Michael Pachter, who is bearish on Netflix , said he doesn't expect the hike to push subscribers away, but thinks attracting new subscribers will be more hard and expects net adds to be down year-over-year in 2018. Read More »

Small Businesses and traders to gain biggest with new GST laws

GST council meet also discussed the "teething problems" (difficulties that arise during the initial stages of a project) which has affected the manufacturing sector. Exporters' tax refunds, which have been pending, will be cleared over the next two weeks - those for July by 10 October, and for August by 18 October. Read More »

Uber hails 'constructive' meeting with TfL bosses


In addition to these challenges, Uber's board now faces a new trial: on October 3, the board set a deadline to make the company public by 2019. If it doesn't, Uber will lift some restrictions on shareholders from selling their stakes. Benchmark is a major proponent of the changes while Kalanick is opposed. Pending the sale of those shares, Benchmark has agreed to drop its lawsuit against Kalanick, the person said. Read More »

FDA slams bakery: Love is not an ingredient


Nashoba Chief Executive Officer John Gates told Bloomberg FDA shaming them for placing "love" as an ingredient "just felt so George Orwell " and "silly". Besides discovering that the bakery had mislabeled its granola by adding "love" to makes its food, the agency said it also found "serious violations of the Current Good Manufacturing Practice", according to the letter. Read More »

At Srinagar airport, Forces to increase vigil, adopt 'other additional measures'


They will always manage to come but it is the response which is important", Sharma said after participating in the wreath-laying ceremony for assistant sub-inspector of BSF BK Yadav in Humhama. For decades rebel groups have fought roughly 500,000 Indian soldiers deployed in the territory, demanding independence or a merger of the former Himalayan kingdom with Pakistan . Read More »

GM to introduce two new electric cars in the next 18 months


Carmakers have apparently gotten the electrification message and many have recently announced major electrified additions to their fleets over the next several years. With its capability and flexible architecture, SURUS could be used as a delivery vehicle, truck or even an ambulance-all emissions free. The automaker said arriving at a "zero emissions future" will require a two-pronged approach - battery electric and hydrogen fuel cell electric depending vehicles. Read More »

Volkswagen takes new $3bn hit over diesel emission scandal


The company said the extra charge is because engines are proving "far more technically complex and time consuming" to adapt. German authorities on Thursday arrested a former high-ranking Volkswagen executive, the first German citizen arrested in the country in relation to the carmaker's diesel emissions scandal, according to media reports. Read More »

Roku gains as much as 65% in trading debut after IPO


Moreover, Amazon and Google are large enough to sell their hardware at more affordable prices, adding more price pressure on rivals. Not to mention, most TVs sold today feature functions to download streaming video apps. In an SEC filing , the company disclosed it had about 15.1 million activge accounts and has streamed 6.74 billion hours of content. This includes ad sales on advertising-supported channels, but also licensing fees, fees for placement in the Roku channel store and more. Read More »