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Press Releases

A.M. BestTV: Philly I-Day Focuses on the Challenges of Filing the Talent Gap

OLDWICK, N.J.---- In this A.M. BestTV episode, insurers at the 60th annual conference of the Insurance Society of Philadelphia said they were prioritizing efforts to bring in new talent and better develop younger industry recruits. However, Denise Hunter, vice chair, Insurance Society of Philadelphia, NextGen, sees efforts to recruit millennials by the various...

Source: Business Wire

Growing Demand from Emerging Markets to Significantly Augment Demand for Innovative Egg Packaging Materials Through 2020, Says Technavio

LONDON---- According to the latest research study released by Technavio, the global egg packaging market is expected to reach over USD 10 billion in revenue by 2020.. For example, Huhtamaki launched a new product "GreeNest" in May 2015, which is made of 50% grass fiber. They also prefer cost-efficient and visually appealing packaging solutions,” said Sharan Raj...

Source: Business Wire

DUCs in a row: Oilfield servicers to gain as more wells completed

Oil is hovering above the $40/ barrel mark after having rallied 20 percent in the past month. This has been enough for several producers to return to the thousands of unfinished wells that dot shale fields across the United States- essentially to ready them for production. There were 1,732 "abnormal" DUC wells in March- those that hadn't been completed within three...

Source: Reuters

Dominion Virginia Power Proposes Reduction in Customer Bills

RICHMOND, Va., May 4, 2016/ PRNewswire/-- Dominion Virginia Power customers can expect to see lower electricity bills this summer if a fuel rate proposal the company made today is approved by the Virginia State Corporation Commission. The company proposed a reduction in its fuel charge that would lower the monthly bill of a typical residential customer, who uses...

Source: PR Newswire

Nasdaq briefly falls 1%; Apple, biotech weigh

U.S. stocks traded lower after mixed data, with energy among the greatest decliners as the S&P crept towards unchanged for the year so far.


Investors hope for more clarity from Trump and Clinton

The themes moving the market today remain the prevailing themes for the quarter.


UPDATE 1-Astenbeck commodities fund up 17.35 pct in April, up 18.45 pct for year

NEW YORK, May 4- Astenbeck Capital Management LLC's Commodities Fund II was up 17.35 percent in April, putting it ahead 18.45 percent year-to-date, according to an investor letter obtained by Reuters on Wednesday. "The supply excess that has plagued the market since the middle of 2014 is now disappearing," Andrew J. Hall, chairman and chief executive, said in the...

Source: Reuters

Trader: This is the single most important chart on my screen right now

Top technician Rich Ross says the chart of the U.S. dollar index is the most important chart on his screens right now.


WRAPUP 3-Strong U.S. services sector data buoys economic outlook

*Trade deficit falls 13.9 percent to $40.4 billion in March. If Friday's payrolls report corroborates that trend, a June rate hike certainly remains an option, "said Harm Bandholz, chief economist at UniCredit Research in New York. The Institute for Supply Management said its nonmanufacturing index rose 1.2 percentage points to a reading of 55.7 in April, with...

Source: Reuters

Devon Energy to Present at Barclays Americas Select Conference

OKLAHOMA CITY---- Devon Energy Corp. announced today that Dave Hager, president and chief executive officer, will present at the Barclays Americas Select Conference on Wednesday, May 18, 2016, at 3:40 p.m. BST. Devon Energy is a leading independent energy company engaged in finding and producing oil and natural gas. Devon Energy Corp. Investor Contacts Howard...

Source: Business Wire