Business


Oil producers seen likely to extend output cuts

The. OPEC and non-member oil producers are gearing up to extend output cuts on Thursday, possibly by as long as 12 months, to help clear a global stocks overhang and prop up crude prices. Rather than restrain output, US producers are expected to increase output by more than 1 million barrels of oil per day next year. Indeed Nigeria, which derives its revenues from oil mainly, is now in its first recession in 25 years, as a result of a slump in its production spurred by attacks on key ...



OPEC considering whether to cap Nigerian oil output: delegates

The aim was to reduce a global supply glut that had seen the oil price plunge from more than $100 per barrel in 2014 to nearly $25 in early 2016. The Organisation of Petroleum Exporting Countries (Opec) had submitted its extension proposal to its nonmember partners before talks on their continuing participation take place later on Thursday, according to one delegate.


International Business Machines Corp. (IBM) Given

International Business Machines Corp. (IBM) Given "Buy" Rating at Stifel Nicolaus

Twin reported 0.35% stake. Financial & Investment Management Group Ltd. increased its stake in shares of International Business Machines Corp .by 0.7% in the third quarter. On 4/26/2016 International Business Machines Corp . announced a quarterly dividend of $1.40 with an ex dividend date of 5/6/2016 which will be payable on 6/10/2016.



Royal Bank of Canada (RY) Shares Sold by Highstreet Asset Management Inc

Highstreet Asset Management Inc.'s holdings in Royal Bank of Canada were worth $13,985,000 at the end of the most recent quarter. It also increased its holding in Mckesson Corp (NYSE:MCK) by 19,057 shares in the quarter, for a total of 29,916 shares, and has risen its stake in Hill Rom Hldgs Inc (NYSE:HRC).


Abbott Laboratories (ABT) Shares Bought by Carroll Financial Associates Inc

Abbott Laboratories (ABT) Shares Bought by Carroll Financial Associates Inc

It has underperformed by 6.05% the S&P500.The move comes after 9 months positive chart setup for the $2.15 billion company. Meritage Portfolio owns 127,555 shares for 0.44% of their portfolio. (NYSE:DDS). Ahl Ltd Liability Partnership has 0.14% invested in Dillard's, Inc. Cowen & Co maintained the stock with "Buy" rating in Monday, April 17 report.


Sally Beauty Holdings, Inc. (SBH) Receives $27.00 Average Target Price from Brokerages

Sally Beauty Holdings, Inc. (SBH) Receives $27.00 Average Target Price from Brokerages

The company had a trading volume of 1,430,196 shares. It has underperformed by 26.03% the S&P500. Analysts' mean recommendation for Sally Beauty Holdings, Inc . The institutional investor held 2.34M shares of the consumer services company at the end of 2016Q4, valued at $61.87M, up from 1.26 million at the end of the previous reported quarter.