Tag Archives: NAT

Best Safest Stocks To Watch For 2018

5 More Aetna-CVS Deal Details, from Aetna’s SEC Filings

3 Things to Know About the Fiduciary Rule’s Little Brother

Investor Group Agrees to Acquire Hartford Annuity Business

An annuity analysis tool maker has finally released two major new comparative illustration tools, after a development process that lasted for more than a decade.

Cannex Financial Exchanges Ltd. says the new tools can help advisors show clients how annuities from multiple carriers might perform in a wide range of scenarios.

The Cannex VA Analysis system illustrates how variable annuities might perform, and the Cannex FIA Analysis system illustrates how indexed annuities might perform, the company says.

The systems can illustrate what might happen to the guaranteed portions of contracts and riders.

The systems can also show what might happen to the performance of annuity components with returns linked to the performance of variable annuity separate accounts or investment index benchmarks, according to Cannex.

Best Safest Stocks To Watch For 2018: (LVMUY)

Advisors’ Opinion:

  • [By SEEKINGALPHA.COM]

    (Incidentally, the operating structure and history of growth through smart acquisitions and management is a reminiscent story behind the rise of Bernard Arnault and The Arnault Family Group, which is the majority controlling shareholder in LVMH Mo毛t Hennessy Louis Vuitton S.E. (OTCPK:LVMUY) and Christian Dior SE in the ultra-luxury goods industry.)

Best Safest Stocks To Watch For 2018: Carnival Corporation(CCL)

Advisors’ Opinion:

  • [By Diane Alter]

    At $28.66, SNE shares were up 0.28% in morning trading.

    CES Companies to Watch, No. 3: Carnival (NYSE: CCL)

    Carnival Cruise Line (NYSE: CCL) announced Wednesday at CES 2017 that it will give passengers on board its ships high-tech wearable wristbands – which can also be worn as a pendant or necklace. The device can be used to unlock their room, purchase food, and to pay toplay games such as blackjack.

  • [By WWW.THESTREET.COM]

    How about individual stories? Tuesday I was pleasantly surprised by the commentary on both the Darden (DRI) and Carnival (CCL) calls. Weekend dining and lunch were very strong for Darden, parent of Olive Garden, even though CEO Gene Lee acknowledged that it’s competing against “new necessities today, whether smartphones, whether it’s your cable bill, your Netflix bill. I mean, they have increased significantly over the years.” Hmm, is there any wonder why takeout pizza is so strong? Makes me want to buy both Darden and Domino’s (DPZ) .

  • [By Trey Thoelcke]

    Carnival Corp. (NYSE: CCL) fiscal fourth-quarter results are scheduled for Tuesday morning. The consensus estimates are calling for $0.51 in earnings per share (EPS) and $4.15 billion in revenue. The shares were last seen trading at $65.95. The consensus price target is $72.98, and the 52-week trading range is $50.77 to $69.89.

  • [By WWW.THESTREET.COM]

    That’s not to say the consumer never leaves the house, but when they do, they shop for their homes at Home Depot (HD) and Home Goods, the TJX Stores (TJX) chain that’s knocking it out of the park. The consumer is also visiting theme parks like Six Flags (SIX) and Walt Disney (DIS) and they’re also going on Carnival Cruises (CCL) .

  • [By Rick Munarriz]

    Carnival Corporation & plc (NYSE:CCL) (NYSE:CUK)shareholders have to be feeling pretty good these days. The stock hit yet another new high on Friday, and the stock is trading 13% higher so far in 2017.It’s been smooth sailing so far this year, but the first big test comes on Tuesday morning when the world’s largest cruise line operator reports financial results for its fiscal first quarter.

Best Safest Stocks To Watch For 2018: iShares Core S&P Mid-Cap (IJH)

Advisors’ Opinion:

  • [By WWW.GURUFOCUS.COM]

    For the details of Lubar & Co., Inc’s stock buys and sells, go to www.gurufocus.com/StockBuy.php?GuruName=Lubar+%26+Co.%2C+Inc

    These are the top 5 holdings of Lubar & Co., IncEnLink Midstream LLC (ENLC) – 1,882,007 shares, 37.97% of the total portfolio. Shares added by 0.40%Hallador Energy Co (HNRG) – 2,788,685 shares, 23.23% of the total portfolio. Vanguard Value ETF – DNQ (VTV) – 77,126 shares, 7.65% of the total portfolio. iShares Core S&P Mid-Cap (IJH) – 38,400 shares, 6.84% of the total portfolio. New PositionVanguard Mid-Cap Value ETF – DNQ (VOE) – 61,550 shares, 6.52% of the tota

Best Safest Stocks To Watch For 2018: Nordic American Tankers Limited(NAT)

Advisors’ Opinion:

  • [By Paul Ausick]

    Nordic American Tankers Ltd. (NYSE: NAT) dropped about 4.8% Monday to post a new 52-week low of $2.58 after closing at $2.71 on Friday. Volume was around 2.8 million, more than double the daily average of around 2.3 million. The firm sent shareholders a letter this morning explaining the shipper’s recapitalization program.

  • [By Paul Ausick]

    Nordic American Tankers Ltd. (NYSE: NAT) posted a new 52-week low of $2.68 Wednesday, down about 27% after closing at $3.67 on Tuesday. The 52-week high is $9.32. Volume was about 20.3 million, more than 20 times the daily average of around 940,000 shares. The company announced priced a sale of $110 million in new shares at $2.75 per share.

  • [By Paul Ausick]

    Nordic American Tankers Ltd. (NYSE: NAT) dropped about 2.4% Wednesday to post a new 52-week low of $2.49 after closing at $2.55 on Tuesday. Volume was around 2.8 million, about double the daily average of around 1.4 million. The firm sent shareholders a letter Tuesday morning explaining the shipper’s recapitalization program. The explanation did not sell any better today.

  • [By Paul Ausick]

    Nordic American Tankers Ltd. (NYSE: NAT) dropped about 3% Tuesday to post a new 52-week low of $2.51 after closing at $2.59 on Monday. Volume was around 2.8 million, about double the daily average of around 1.4 million. The firm sent shareholders a letter Monday morning explaining the shipper’s recapitalization program. Apparently the explanation did not sit well.

Best Safest Stocks To Watch For 2018: Credit Acceptance Corporation(CACC)

Advisors’ Opinion:

  • [By Wayne Duggan]

    Credit Acceptance Corp. (NASDAQ: CACC) shares are down more than 5.1 percent on Friday after Bloomberg reported that the Federal Trade Commission has requested information from the company regarding its use of ignition kill switches and GPS systems in debt collection.

General Electric, PPL Corp. Stagger into Wednesday’s 52-Week Low Club

December 20, 2017: Here are four stocks trading with heavy volume among 58 equities making new 52-week lows in Wednesday’s session. On the NYSE advancers led decliners by less than 8 to 7 and on the Nasdaq, advancers led decliners by about the same margin.

General Electric Co. (NYSE: GE) dropped about 1.3% Wednesday to post a new 52-week low of $17.36 after closing at $17.59 on Tuesday. The 52-week high is $32.24. Volume was around 62 million, about 15% below the daily average of around 1.5 million. The industrial giant had no specific news.

PPL Corp. (NYSE: PPL) posted a 52-week low of $31.53 after closing Tuesday at $32.42. The 52-week high is $40.20. Volume was about 15.5 million, more than three times the daily average of around 4 million shares. The electric utility company took a downgrade on Tuesday and the fallout continues to drop.

Top Ships Inc. (NASDAQ: TOPS) posted a new 52-week low of $0.24 Wednesday after closing at $0.27 on Tuesday. Volume of about 7.3 million was about 40% below the daily average. The company had no specific news.

Nordic American Tankers Ltd. (NYSE: NAT) dropped about 2.4% Wednesday to post a new 52-week low of $2.49 after closing at $2.55 on Tuesday. Volume was around 2.8 million, about double the daily average of around 1.4 million. The firm sent shareholders a letter Tuesday morning explaining the shipper’s recapitalization program. The explanation did not sell any better today.

24/7 Wall St.
20 Fresh Stock Buybacks Could Send $100 Billion Back to Shareholders

Top 10 Blue Chip Stocks To Invest In 2018

The stock market gave up ground on Tuesday, but investors saw major benchmarks recover from their worst levels of the day to finish down less than half a percent. Early in the day, poor earnings results from blue chip components of the Dow Jones Industrials weighed on market sentiment, and ongoing uncertainty about whether the Trump administration will be able to deliver on promised government reforms made some investors feel less confident about the future. However, several companies reported good news despite the dour mood on Wall Street, and GNC Holdings (NYSE:GNC), Stratasys (NASDAQ:SSYS), and Cabela’s (NYSE:CAB) were among the best performers on the day. Below, we’ll look more closely at these stocks to tell you why they did so well.

GNC eases shareholders’ concerns

Shares of GNC Holdings jumped 24% after the company posted first-quarter results that, while not perfect, were still not as bad as some investors had feared. Revenue fell 4% from year-ago levels, and same-store sales dropped 3.9% in company-owned locations and 4.6% in domestic franchise stores. Moreover, net income dropped by more than half, leaving the company with just $0.37 per share in adjusted earnings. Yet those numbers encouraged those who are patient enough to give GNC time to remake itself, and CEO Bob Moran pointed to the company’s One New GNC transformation strategy as having shown signs of early success. With new loyalty programs producing some positive effects on transaction counts and volume, GNC hopes that business metrics will hit bottom and start to grow again in the near future.

Top 10 Blue Chip Stocks To Invest In 2018: CGG(CGG)

Advisors’ Opinion:

  • [By Lisa Levin]

    Friday afternoon, the energy sector proved to be a source of strength for the market. Leading the sector was strength from CGG SA (ADR) (NYSE: CGG) and Geospace Technologies Corporation (NASDAQ: GEOS).

  • [By Jonas Elmerraji]

    First up is French oil service firm CGG Veritas (CGG)
    . The Eurozone-based energy stock hasn’t exactly posted blockbuster performance in 2013, but investors who ignore CGG for the final stretch of the year could be making a big mistake. That’s because of a bullish technical pattern that’s emerging in shares right now.

    CGG spent most of the last eight months looking anything but bullish. But an ascending triangle pattern is changing that. The pattern is formed by horizontal resistance to the upside at $26, and uptrending support to the below shares. Basically, as CGG bounces in between those two technical levels, it’s getting squeezed closer and closer to a breakout above $26. When that happens, traders have a buy signal.

    The ascending triangle pattern in CGG Veritas isn’t exactly textbook. That’s because the setup is forming at the bottom of a downtrend, rather than in the middle of an uptrend – but it’s a mistake to get caught up on the textbook pictures of what trading patterns are supposed to look like. On a move through $26, the trading implications are just as actionable.

  • [By Lisa Levin]

    CGG SA (ADR) (NYSE: CGG) shares shot up 32 percent to $7.15 after the company reported an agreement in principle on financial restructuring plan with main creditors and DNCA.

Top 10 Blue Chip Stocks To Invest In 2018: Nuveen Municipal Value Fund Inc.(NUV)

Advisors’ Opinion:

  • [By Donald van Deventer]

    The latest implied forward rate forecast from Kamakura Corporation shows projected 10-year U.S. Treasury yields differing -0.07% to 0.03% from last week while fixed rate mortgage yields varied by -0.01% to 0.08%. Mortgage yields, determined by the Monday through Wednesday weekly survey of the Federal Home Loan Mortgage Corporation, lag Treasury movements simply because of the 3-day yield calculation used in the Primary Mortgage Market Survey. The 10-year U.S. Treasury yield is projected to rise from 2.92% at Thursday’s close (down 0.06% from last week) to 3.374% (down 0.06% from last week) in one year. The 10-year U.S. Treasury yield in ten years is forecast to reach 4.639%, 1 basis point lower than last week. The 15-year fixed rate mortgage rate is forecast to rise from the effective yield of 3.69% on Thursday (down 0.001% from last week) to 4.222% (down 0.006% from last week) in one year and 6.29% in 10 years, up 0.038% from last week. We explain the background for these calculations in the rest of this note, along with some mortgage servicing rights metrics. The forecast allows investors in exchange traded U.S. Treasury funds (TLT) (TBT), total return bond funds (BOND), municipal bonds (NUV) and exchange traded mortgage funds (REM) to assess likely total returns over the next 120 months. Treasury-related exchange traded funds affected by the forward rates include:

Top 10 Blue Chip Stocks To Invest In 2018: Luxoft Holding, Inc.(LXFT)

Advisors’ Opinion:

  • [By Steve Symington]

    Luxoft Holding(NYSE:LXFT)announced strong fiscal fourth-quarter results on Monday, after the market closed. Similar to its modest post-earnings drop in February, shares of the software development specialist fell 3.6% on Tuesday as investors absorbed the news.

Top 10 Blue Chip Stocks To Invest In 2018: Madison Square Garden Inc.(MSG)

Advisors’ Opinion:

  • [By Monica Gerson]

    Madison Square Garden Co (NYSE: MSG) is estimated to report a quarterly loss at $0.34 per share on revenue of $325.53 million.

    Gogo Inc (NASDAQ: GOGO) is projected to report a quarterly loss at $0.42 per share on revenue of $137.58 million.

  • [By Ian Wyatt, Publisher & Chief Investment Strategist, Wyatt Investment Research]

    Meanwhile, Mark Boyar, of The Boyar Value Fund, recommends another household name: Madison Square Garden (MSG). He thinks the Dolan family could take the company private.

Top 10 Blue Chip Stocks To Invest In 2018: Salesforce.com Inc(CRM)

Advisors’ Opinion:

  • [By Chris Lange]

    Salesforce.com Inc. (NYSE: CRM) is expected to release its fiscal second-quarter financial earnings report after the markets close on Tuesday. The consensus estimates from Thomson Reuters call for $0.32 in earnings per share (EPS) and $2.51 billion in revenue. The same period of last year reportedly had EPS of $0.24 and $2.04 billion in revenue.

  • [By WWW.THESTREET.COM]

    “There are two things that mess up your relationships, it’s anger and fear,” explains Robbins. Robbins points to Salesforce (CRM) CEO Marc Benioff as being a total giver, which has set him up for success in business.

  • [By Craig Jones]

    Jon Najarian spoke on CNBC's Fast Money Halftime Report about bullish options activity in Salesforce.com, inc. (NYSE: CRM) and Apple Inc. (NASDAQ: AAPL).

  • [By Douglas A. McIntyre]

    By Douglas A. McIntyre

    « Intel’s Place in a Changing AMD and NVIDIA World 13 Cars That Compete with the Tesla Model 3 »
    Read more: Investing, Salesforce.com (NYSE:CRM), Walt Disney (NYSE:DIS), GOOGL, Microsoft (NASDAQ:MSFT), Twitter, Inc. (NYSE:TWTR)

    Free Daily Newsletter
    Subscribe

    Terms & Conditions

    Popular 10 Disappearing Car BrandsCustomer Service Hall of ShameThe Best and Worst Run States in America: A Survey of All 5026 National Monuments President Trump Wants to Shut DownCompanies Stashing the Most Money Overseas Recent A

  • [By Craig Jones]

    On CNBC’s “Fast Money Halftime Report,” Jon Najarian said he noticed unusually high bullish options activity in Salesforce.com, inc. (NYSE: CRM) and SPDR S&P Retail (ETF) (NYSE: XRT).

  • [By WWW.THESTREET.COM]

    “There are two things that mess up your relationships, it’s anger and fear,” explains Robbins. Robbins points to Salesforce (CRM) CEO Marc Benioff as being a total giver, which has set him up for success in business.

Top 10 Blue Chip Stocks To Invest In 2018: Towerstream Corporation(TWER)

Advisors’ Opinion:

  • [By Lisa Levin]

    Towerstream Corporation (NASDAQ: TWER) shares were also up, gaining 9 percent to $3.49. Towerstream is scheduled to report Q2 financial results on August 9, 2016.

Top 10 Blue Chip Stocks To Invest In 2018: TherapeuticsMD, Inc.(TXMD)

Advisors’ Opinion:

  • [By WWW.THESTREET.COM]

    On the show’s “Lightning Round” segment, Jim Cramer was bullish on Penn National Gaming (PENN) , KeyCorp (KEY) and TherapeuticsMD (TXMD) .

    Quiet Breakups

Top 10 Blue Chip Stocks To Invest In 2018: MGM Resorts International(MGM)

Advisors’ Opinion:

  • [By Craig Jones]

    Jon Najarian noticed some call options activity in MGM Resorts International (NYSE: MGM). Traders were buying the September 32/37 call spread in the first half of the session on Thursday. Najarian likes the trade and he decided to initiate a long position in MGM Resorts.

  • [By Rich Duprey]

    The big casinos certainly want to spend big. Las Vegas Sands (NYSE:LVS) says a new integrated resort in Japan will cost anywhere from $6 billion to $10 billion, two to three times more than it spent on building its brand new French-themed Parisian resort in Macau. MGM Resorts (NYSE:MGM) says it, too, could spend $10 billion for a new casino in Japan, quadruple the cost of its MGM Cotai that’s scheduled to open later this year. Wynn Resorts (NASDAQ:WYNN) hasn’t put a price tag on it yet, though it spent over $4 billion to open the Palace in Macau last August, but CEO Steve Wynn says the opportunity is “thoroughly delicious.”

  • [By Ben Levisohn]

    With companies like Under Armour (UAA), MGM Resorts International (MGM), andUnited Parcel Service (UPS) reporting tomorrow, we thought we’d get a jump start on the stocks moving after today’s close:

Top 10 Blue Chip Stocks To Invest In 2018: Xerox Corporation(XRX)

Advisors’ Opinion:

  • [By Chris Lange]

    The stock posting the largest daily percentage gain in the S&P 500 ahead of the close Monday was Xerox Corp. (NYSE: XRX) which rose 3.8% to $30.56. The stocks 52-week range is $22.90 to $30.76. Volume was 3.8 million compared to its average volume of 2.3 million.

  • [By Paul Ausick]

    Xerox Corp. (NYSE: XRX) dropped about 23% on Tuesday to post a new 52-week low of $6.46 after closing at $8.73 on Friday. The dip was the result of the company’s completed separation into two firms this morning. After the early drop shares had gained around 17% by late afternoon, probably on the strength of a cash payment of $1.8 billion.

Top 10 Blue Chip Stocks To Invest In 2018: Nordic American Tankers Limited(NAT)

Advisors’ Opinion:

  • [By Paul Ausick]

    Nordic American Tankers Ltd. (NYSE: NAT) dropped about 2.4% Wednesday to post a new 52-week low of $2.49 after closing at $2.55 on Tuesday. Volume was around 2.8 million, about double the daily average of around 1.4 million. The firm sent shareholders a letter Tuesday morning explaining the shipper’s recapitalization program. The explanation did not sell any better today.

  • [By Paul Ausick]

    Nordic American Tankers Ltd. (NYSE: NAT) dropped about 3% Tuesday to post a new 52-week low of $2.51 after closing at $2.59 on Monday. Volume was around 2.8 million, about double the daily average of around 1.4 million. The firm sent shareholders a letter Monday morning explaining the shipper’s recapitalization program. Apparently the explanation did not sit well.

  • [By Paul Ausick]

    Nordic American Tankers Ltd. (NYSE: NAT) dropped about 4.8% Monday to post a new 52-week low of $2.58 after closing at $2.71 on Friday. Volume was around 2.8 million, more than double the daily average of around 2.3 million. The firm sent shareholders a letter this morning explaining the shipper’s recapitalization program.

  • [By Paul Ausick]

    Nordic American Tankers Ltd. (NYSE: NAT) posted a new 52-week low of $2.68 Wednesday, down about 27% after closing at $3.67 on Tuesday. The 52-week high is $9.32. Volume was about 20.3 million, more than 20 times the daily average of around 940,000 shares. The company announced priced a sale of $110 million in new shares at $2.75 per share.

  • [By Paul Ausick]

    Nordic American Tankers Ltd. (NYSE: NAT) posted a new 52-week low of $2.64 Thursday, down a penny after closing at $2.65 on Wednesday. The 52-week high is $9.32. Volume was about 4.5 million, more than 3 times the daily average of around 1.3 million shares. The company announced Wednesday morning that it had priced a sale of $110 million in new shares at $2.75 per share.

  • [By Lisa Levin]

    Shares of Nordic American Tanker Ltd (NYSE: NAT) were down 25 percent to $2.74 after announcing a $100 million common stock offering.

    ArcBest Corp (NASDAQ: ARCB) was down, falling around 10 percent to $34.85. Stifel Nicolaus downgraded ArcBest from Hold to Sell.

Nordic American Tankers, Top Ships Sink into Wednesday’s 52-Week Low Club

December 13, 2017: Here are four stocks trading with heavy volume among 73 equities making new 52-week lows in Wednesday’s session. On the NYSE advancers led decliners by about 8 to 7 and on the Nasdaq, advancers led decliners by slightly around 3 to 2.

Nordic American Tankers Ltd. (NYSE: NAT) posted a new 52-week low of $2.68 Wednesday, down about 27% after closing at $3.67 on Tuesday. The 52-week high is $9.32. Volume was about 20.3 million, more than 20 times the daily average of around 940,000 shares. The company announced priced a sale of $110 million in new shares at $2.75 per share.

Top Ships Inc. (NASDAQ: TOPS) dropped about 14% Wednesday to post a new 52-week low of $0.31 after closing at $0.36 on Tuesday. Volume was around 14.5 million, about 25% above the daily average of around 6.4 million. The shipping company had no specific news.

Asanko Gold Inc. (NYSEAMERICAN: AKG) dropped nearly 11% Wednesday to post a new 52-week low of $0.44 after closing at $0.48 on Tuesday. The stock’s 52-week high is $3.90. Volume of around 3.5 million was about 35 times the daily average. The junior gold miner had no specific news.

Iconix Brand Group Inc. (NASDAQ: ICON) dropped about 1.4% Wednesday to post a new 52-week low of $1.36 after closing at $1.38 on Tuesday. The 52-week high is $10.80. Volume was around 3.2 million, about 30% above the daily average of around 2.3 million. The company had no specific news.

24/7 Wall St.
Credit Suisse Identifies 15 Companies as Top Tax Reform Winners

Mid-Afternoon Market Update: Finisar Surges Following $390M Contract From Apple; Nordic American Tan

Toward the end of trading Wednesday, the Dow traded up 0.48 percent to 24,622.25 while the NASDAQ climbed 0.28 percent to 6,881.34. The S&P also rose, gaining 0.13 percent to 2,667.63.

Leading and Lagging Sectors

Wednesday afternoon, the industrial sector proved to be a source of strength for the market. Leading the sector was strength from Westport Fuel Systems Inc (NASDAQ: WPRT) and RPX Corp (NASDAQ: RPXC).

In trading on Wednesday, telecommunication services shares fell 0.55 percent.

Top Headline

VeriFone Systems Inc (NYSE: PAY) reported better-than-expected results for its fourth quarter on Tuesday. The company issued weak first quarter and FY18 guidance. The company also announced a $100 million buyback plan.

Verifone reported Q4 adjusted earnings of $0.44 per share on revenue of $477 million. Analysts projected earnings of $0.43 per share on revenue of $472.5 million.

Verifone expects Q1 adjusted earnings of $0.22 per share on revenue of $418 million to $420 million. Analysts expected earnings of $0.34 per share on revenue of $465.6 million. The company projects FY18 adjusted earnings of $1.47 to $1.50 per share, on sales of $1.775 billion to $1.8 billion. Analysts were expecting earnings of $1.57 per share on revenue of $1.92 billion.

Equities Trading UP

Digital Power Corporation (NYSE: DPW) shares shot up 31 percent to $5.40. Digital Power reported a cryptocurrency mining division.

Shares of Finisar Corporation (NASDAQ: FNSR) got a boost, shooting up 28 percent to $24.69 following announcement of a $390 million award from Apple Inc. (NASDAQ: AAPL).

CounterPath, Corp. (NASDAQ: CPAH) shares were also up, gaining 100 percent to $4.30 following Q2 results. CounterPath reported Q2 earnings of $0.01 per share on revenue of $3.4 million.

Equities Trading DOWN

Helios and Matheson Analytics Inc (NASDAQ: HMNY) shares dropped 32 percent to $6.87 after the company reported a common stock offering. The size of the offering was not disclosed. The company said that proceeds from the offering and warrants will be used to increase the company’s ownership stake in MoviePass.

Shares of Nordic American Tanker Ltd (NYSE: NAT) were down 25 percent to $2.74 after announcing a $100 million common stock offering.

ArcBest Corp (NASDAQ: ARCB) was down, falling around 10 percent to $34.85. Stifel Nicolaus downgraded ArcBest from Hold to Sell.

Commodities

In commodity news, oil traded down 0.63 percent to $56.78 while gold traded up 0.60 percent to $1,249.10.

Silver traded up 1.03 percent Wednesday to $15.83, while copper rose 1.03 percent to $3.054.

Eurozone

European shares closed lower today. The eurozone’s STOXX 600 declined 0.24 percent, the Spanish Ibex Index fell 0.27 percent, while Italy’s FTSE MIB Index dipped 1.44 percent. Meanwhile the German DAX slipped 0.44 percent, and the French CAC 40 declined 0.51 percent while U.K. shares fell 0.05 percent.

Economics

The Consumer Price Index rose 0.4 percent for November, versus economists’ expectations for a 0.4 percent growth.

Domestic crude supplies dropped 5.12 million barrels for the week ended December 8, the U.S. Energy Information Administration reported. However, analysts projected a fall of 3.76 million barrels. Gasoline stockpiles gained 5.66 million barrels, while distillate stockpiles dropped 1.37 million barrels for the week.