Business

Yellen keeps rate hikes on track amid `rich' asset prices

Yellen keeps rate hikes on track amid `rich' asset prices

Recent data on retail sales, manufacturing production and inflation have given pause and housing data has been mixed. This was the third interest rate hike in 2017, marking a total of five rate hikes since the tightening cycle began in December 2015.


Fumito Ueda Wants Changes Made to Shadow of the Colossus Remake

Fumito Ueda Wants Changes Made to Shadow of the Colossus Remake

Eurogamer also points out that Sony Worldwide Studios boss Shuhei Yoshida spoke to Famitsu lately and was pretty explicit, saying Ueda "wasn't that involved" in the process of bringing SotC to PS4. Take for instance a game like Mass Effect: Andromeda , the game is said to be running on one of the most powerful game engines (the Frostbite Engine), but if the devs have little to no real expertise with the engine, the lack of skill will show.


Private Advisor Group LLC Reduces Stake in Kinder Morgan, Inc. (KMI)

Private Advisor Group LLC Reduces Stake in Kinder Morgan, Inc. (KMI)

The stock rose 0.05% or $0.01 reaching $19.05. Kinder Morgan Inc (NYSE:KMI) exchanged hands 10.55 Million shares versus average trading capacity of 13.28 Million shares, while its relative trading volume is 0.86. On Thursday, December 3 the stock rating was maintained by RBC Capital Markets with "Outperform". (NYSE:KMI) has a beta of 0.62. The stock has "Buy" rating by Bank of America on Monday, September 28.


Barrick Gold Corporation (ABX) Shares Sold by Alliancebernstein LP

Barrick Gold Corporation (ABX) Shares Sold by Alliancebernstein LP

Barrick Gold Corporation (ABX ) reported gain 0.31% in recent buying and selling session with closing price of $ 16.13. Majedie Asset Management Ltd increased its stake in Barrick Gold Corporation by 5.5% in the first quarter. During the same quarter a year ago, the business posted $0.11 EPS. The business's quarterly revenue was up 3.3% compared to the same quarter past year.



Despite oil cuts, IEA predicts output will outpace demand

US Crude Oil Is in a Bear Market: What's Next? The fall came after Libyan production reached a four-year high , despite attempts by the Organisation of Petroleum Exporting Countries (Opec) to curb supply. With increased production from the US, Nigeria , Libya and other producers the extra supply outstripped demand and forced prices lower. The latest addition pushes the full-year quotas for this group to 91.7 million tons, or 1.8 million barrels day, a 4.7% jump from last year.


Williams Companies, Inc. (The) (NYSE:WMB) reported Beta of 1.4

Williams Companies, Inc. (The) (NYSE:WMB) reported Beta of 1.4

Blackrock Lc holds 0.07% in Williams Companies Inc (NYSE:WMB) or 2.02M shares. The Whetstone Capital Advisors Llc holds 382,100 shares with $11.90 million value, down from 676,600 last quarter. TRADEMARK VIOLATION NOTICE: "Paloma Partners Management Co Has $5.02 Million Stake in Williams Companies, Inc". ILLEGAL ACTIVITY WARNING: This news story was originally published by Chaffey Breeze and is the sole property of of Chaffey Breeze.