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By John Kemp LONDON, May 10 (Reuters) – Hedge funds boosted their position in petroleum for the fourth week running, as bullishness about oil consumption and prices rebounded after the setback in March. Hedge funds and other money managers purchased the equivalent of 40 million barrels in the six most important petroleum futures and options...
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MELBOURNE, May 11 (IFR) – Asian risk assets look set for initial markdowns following overnight technology-led losses on Wall Street amid fears of a lasting upturn in US inflation. The Fed has consistently predicted only a transient rise in inflation as the economy rebounds, but the Treasury market is not convinced as the beak-even rate...
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(RTTNews) – Below are the earnings highlights for Howard Hughes Corp. (HHC): -Earnings: -$66.59 million in Q1 vs. -$125.13 million in the same period last year. -EPS: -$1.20 in Q1 vs. -$2.88 in the same period last year. -Analysts projected -$0.57 per share -Revenue: $190.58 million in Q1 vs. $175.18 million in the same period...
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Adds MCC statement May 10 (Reuters) – If a group of Cambridge University scientists have their way, cricket fans might soon have to become accustomed to the sound of leather on bamboo. A study conducted by Darshil Shah and Ben Tinkler-Davies of Cambridge University said that bats made of laminated bamboo were stronger than those...
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Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world’s greatest investment community. Reaching millions of people each month through its website, books, newspaper column, radio show, television appearances, and subscription newsletter services, The Motley Fool champions shareholder values and...
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Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world’s greatest investment community. Reaching millions of people each month through its website, books, newspaper column, radio show, television appearances, and subscription newsletter services, The Motley Fool champions shareholder values and...
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Today’s Big Picture Coming into this week, consumers are bracing for paying more at the gas pump following the cyberattack on Colonial Pipeline, the operator of the largest petroleum pipeline between Texas and New York that carries 2.5 million barrels a day to the East Coast, or 45% of its supply of diesel, gasoline and...
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You have choices when it comes to signing up for Social Security. Many seniors opt to claim their benefits at full retirement age, or FRA. That age is either 66, 67, or somewhere in between, depending on the year you were born, and it’s when you’re entitled to your full monthly benefit based on your...
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Adds details and background LONDON, May 10 (Reuters) – British house prices increased last month at the fastest annual rate for five years, helped by finance minister Rishi Sunak’s extension of tax cut for buyers, mortgage lender Halifax said on Monday. House prices rose by 8.2% in annual terms in April, Halifax said, the biggest...
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