Business


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

Libya and Nigeria will remain exempt from the output curbs, he said. Prices fell due to profit-booking after testing a one-month high on May 23, 2017. OPEC and its allies are meeting in Vienna Thursday to discuss prolonging their output curbs. The latest reductions have been in effect since November, when the Organization of the Petroleum Exporting Countries agreed to cut production by 1.2 million barrels a day.



Windstream Holdings, Inc. (WIN) on Focus After Raising In Today's Session

Raymond James upgraded Windstream Holdings, Inc. ( WIN ) is at 34.14. As we all know, as quickly as a stock can drop in price, it can bounce back just as fast. The business had revenue of $1.52 billion for the quarter, compared to analyst estimates of $1.51 billion. On average, analysts expect that Windstream Holdings will report full year sales of $1.50 billion for the current year, with estimates ranging from $5.78 billion to $6.01 billion.


First Trust Advisors LP Buys 46886 Shares of Tegna Inc (TGNA)

First Trust Advisors LP Buys 46886 Shares of Tegna Inc (TGNA)

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,291 shares of the company's stock worth $263,000 after buying an additional 50 shares during the last quarter.


HHS inspector: Mylan may have overcharged taxpayers by $1.2B for EpiPens

HHS inspector: Mylan may have overcharged taxpayers by $1.2B for EpiPens

Senator Charles Grassley, a Republican politician from Iowa, on Wednesday posted a copy of a report by the Department of Health and Human Services' Office of the Inspector General. In the last 12 months, a period that includes the appearance before Congress of current CEO Heather Bresch to explain Mylan's decision to hike prices on some drugs, shares have fallen more than 9%.



Washington Prime Group Inc (WPG) Stake Cut by BNP Paribas Arbitrage SA

Several hedge funds have recently bought and sold shares of WPG . Washington Prime Group Inc Cmn (NYSE:WPG)'s revenue estimates for the current quarter are $197.58 Million according to 2 number of analysts, for the current quarter the company has high revenue estimates of $201.46 Million in contradiction of low revenue estimates of $193.7 Million.



Stock Jumping Abnormally High: Emerson Electric Co. (EMR)

Intrust Bankshares Na stated it has 5,180 shares. (NYSE:EMR). Quantitative Inv Mngmt Limited Liability Company holds 133,800 shares or 0.19% of its portfolio. $3.36M worth of stock was sold by AYAT SIMON on Thursday, December 8. Zacks Investment Research upgraded Emerson Electric from a "hold" rating to a "buy" rating and set a $71.00 price objective for the company in a research report on Tuesday, February 14th.