Morning. Education secretary rick perry calling it a deliberate attack on the Global Economy. Plus oxycontin maker, pharma filing for bankruptcy this morning. First up, though, a series of attacks on two of the Worlds Largest Oil Facilities in the news the u. S. Is rejecting that notion saying the scope and the precision of the attack suggests the launch was made by the houthis but, in fact, originated by iran. Iran calling the claims baseless and unacceptable guys, weve been talking all year long about what it could take to produce a true supply shock. I think theyll come back 5. 7 Million Barrels. Look theres a temporary inability to get permian oil. You can only ship so much. You have one harbor who can handle it, two others. Corpus christi not yet i guess what im saying it cant. Were pumping too much and it does remind you if we had even more pipelines, we could just turn the spigot on its not the Strategic Petroleum reserve. Its the permian. There are a lot of key questions. One,
Is this a turning point for yields around the world. Well get fed minutes later on today. Road map begins with retail earnings, target and lowes soaring in the premarket on their results bucking the downward trend in retail. One week since the dows 800 point drop were close to recovering the losses well take a look at the wild ride over the last week. And what you can expect next. As the september 1st tariffs aapproach, well take a look at the companies that may be in your portfolio with the most exposure first up, target set to open at all time high, lowes surging on the better than expected quarterly earnings, revenues and comps. Digital sales drove more than half of the growth in q2 comps lowes reporting positive comps in all of their geographic regions in the United States and outpacing depot for the second consecutive quarter. We got to focus on execution. And risk taking. Both Marvin Ellison at lowes and Brian Cornell at target took big risks. Some people say they blew up the way
Well, in some legal way. Some businessmen worked under the guise of carriers, tourists, students, workers, while insolently traveling according to the official schedule and picking up passengers from government buses. It is clear that they did not think about safety and rules. Accidents with minibuses always cause public outcry. Belarusians are still hearing about it. The role of the state Security Committee developed a president ial decree on the road transport of passengers. The document involves the creation of a register of legal carriers. That is, if you want to engage in such a business, get permission, register in the register and operate within the framework of the law. This register will include information about direct carriers, dispatchers, automobile means and drivers. In essence, the activities of irregular workers will become as transparent as possible. In principle already. It can be stated that the transportation of passengers in irregular traffic without inclusion in t
Technically advanced, in fact, when unloading the first one, the tanks spilled almost 3. 5 tons of oil into the sea. There have already been seven leaks there over 15 years, the last in february of this year. The poles, the owners of the terminal, swear that they dropped only 300 liters of oil into the sea. Lithuanians they say about almost 2 tons. A leaky terminal not only turns the palanga into a mud hospital, but also seriously disturbs nearby, in this case geographically, latvia. Sea of ​​taulimitrophs. One for everyone. However, the lithuanians are preparing a surprise for the latvians with sushi. They are looking for a site for the construction of a deep Nuclear Repository for waste from the former Ignalina Nuclear power plant. Three options for such a site in the vicinity of latvia. By the way, ignalinka is a special topic. Its closure at the end of 2009 became lithuanias entrance ticket to the eu. The newest station providing the economy with 120 of the cheapest electricity
Procter gamble nelson pelt z wants a seat at the table because the stock has underperformed the cohort and the Broader Market for the life of me i dont understand why they wont let him in given how well companies tend to do once hes on the board. On the other hand, you have to wonder how much he can do to really make it work better still, my feeling is that procter and gamble is worth owning thats been my view. You have one more way to end the uglier it gets, the more shareholders can gain. I regard a make or break level, dow dipping 8 points today nasdaq advancing. 03 . Theres a slew of earnings that every Important Group i follow the results we get this week, i think, would determine where stocks are headed for the rest of the quarter were certainly off to a good start with netflix, tonight reporting a huge subscriber Number International subs exceed domestic users the good news sent the stocks soaring after hours. I think it might be good for the other fad names. A good sign. Tomorr