Saudis predict $29 oil price in 2016

The Brent oil price averaged about $US54 ($A74) a barrel this year but is now around $US37. Petrol prices could in some cases increase by as much as 50%, authorities said, although they will remain low by global standards. The ministry did not disc... More..

by | Published more than a month ago
Icahn: Pep Boys Has 'Enormous Growth Potential'
by | Saturday, January 02, 2016

Icahn: Pep Boys Has 'Enormous Growth Potential'

The development ends months of wrangling for Pep Boys, which has suffered from years of sluggish sales and inconsistent earnings growth amid rising competition. Pep Boys CEO Scott Sider said, "We are very pleas...More..

More E. coli cases linked to Chipotle; may be a different outbreak
by | Friday, January 01, 2016

More E. coli cases linked to Chipotle; may be a different outbreak

Arnold said Monday. Neither of the Pennsylvania people who became ill reported eating at Chipotle, the reports said, but both had the same strain of E. Since the time issue has started, Chipotle has carried ...More..

by | Friday, January 01, 2016

Traders Buy Cisco Systems, Inc. (CSCO) on Weakness

Enzon Pharmaceuticals Inc (NASDAQ:ENZN) opened the session at $29.41, trading in a range of $29.34 - $30.02, and was at $29.63. The network equipment provider reported $0.59 earnings per share (EPS) for the qu...More..

Oil ends 2015 in downbeat mood; hangover to be long, painful
by | Friday, January 01, 2016

Oil ends 2015 in downbeat mood; hangover to be long, painful

Front-month U.S. West Texas Intermediate crude futures were trading at $37.22 per barrel at 0621 GMT, down 65 cents or 1.72 percent from their settlement in the previous session. A global oil glut has dragged c...More..

Biggest container ship to visit US enters San Francisco Bay
by | Thursday, December 31, 2015

Biggest container ship to visit US enters San Francisco Bay

The CMA CGM Benjamin Franklin, the first 18,000-TEU capacity container ship to call a U.S. port, successfully berthed at the Port of Los Angeles on Tuesday, necessitating the unprecedented deployment of cargo h...More..