Markets

Patterson-UTI reports 1Q loss

Patterson-UTI reports 1Q loss Kosmos Energy Ltd (NYSE:KOS) stock price declined -1.31% to finalize at $6.03 throughout previous buying and selling session. EPS ratio determined by looking at last 12 month figures is -2.18. The high and low revenue estimates for the current quarter are $516 Million and $331.6 Million, respectively. Patterson-UTI Energy had a negative net margin of 34.79% and a negative return on equity of 13.25... [Full Article...]

Pending home sales down for third straight month

Pending home sales down for third straight month Despite last month's decrease, the index is 0.8% above a year ago. The proportion of consumers expecting more jobs in the months ahead declined fro 23.8 percent to 23.0 percent and those anticipating fewer jobs increased from 12.7 percent to 13.1 percent. [Full Article...]

IPhone manufacturer Foxconn: 'We are planning a number of investments in America'

IPhone manufacturer Foxconn: 'We are planning a number of investments in America' A new Nikkei report this evening notes that when Foxconn's Chairman Terry Gou visited Washington in late February, the Taiwanese tycoon met with Trump's son-in-law Jared Kushner. TVBS television showed Gou entering and leaving one of the entry gates of the White House with senior company executives including Tai Jeng-wu, Foxconn vice chairman and chief of Japan's Sharp, in which Foxconn ho... [Full Article...]

FCC Chief Begins Rollback Of 'Net Neutrality' Regulations

FCC Chief Begins Rollback Of 'Net Neutrality' Regulations In 2015, the FCC voted to regulate high-speed internet service as a utility under Title II of the Communications Act. For many Republicans and broadband groups, undoing the common-carrier classification is the key reason for reversing the net neutrality rules. [Full Article...]

President Trump promising action on US-Canada dairy dispute

Canada has successfully defended its policies in the past, but President Trump's Commerce Department still found Canada was unfairly subsidizing lumber exports - and will start charging Canadian lumber anywhere from 3 to 24 percent more when it crosses the border. [Full Article...]

Housing, Jobs, Political Donations Spark BC Election Debate Battles

Clark was then quizzed why British Columbians should trust her amid the RCMP investigation into improper donations, her salary top-up, and false claims she'd made that the NDP had hacked the BC Liberal website. During the exchange, Horgan pledged to bring in a ban on corporate and union donations "the day after" the NDP is elected. Horgan said he misspoke in a post-debate news conference. [Full Article...]

Beijing Unveils First Chinese-Made Aircraft Carrier

The Chinese ship has become the second aircraft, which was produced by Beijing as it was launched in the port of Dalian , the Xinhua news agency reported . The ribbon-cutting was followed by the traditional breaking of a champagne bottle on the ship's bow. The launch comes amid China's assertiveness in the South China Sea. [Full Article...]

Uber Wants A Flying Car Test In 2020

Freed from the constraints of road networks, travelling by flying taxi could significantly reduce travel time, for example, from two hours between the San Francisco Marina and San Jose to 15 minutes, the company says. The company reportedly expects to conduct demo runs in the taxis at the World Expo 2020 in Dubai. The company is working with Hillwood Properties to make four vertiports - VTOL h... [Full Article...]

Trump signs executive actions to review tax regulations, roll back Dodd-Frank

The Wall Street Journal first reported that Trump wants to include a 15% corporate tax rate in Wednesday's announcement. For now, though, the president will settle for changes he can make with the stroke of a pen. "The problem is our own taxation system". The difference in government revenues could be as much as $2 trillion over a 10-year period depending on how large an impact the tax-cut pa... [Full Article...]

Legal jobs among those cut as 457 visa is axed

Legal jobs among those cut as 457 visa is axed Although this path remains open, US President Donald Trump has already made it harder for the visas to be granted, reflected in the fact that H-1B applications this year dropped for the first time in five years. The Australian Chamber of Commerce and Industry said restructuring the program would make it more sustainable and provided a chance to hit the "reset button" on temporary skilled migrati... [Full Article...]

Exxon seeks waiver from US sanctions on Russia

A "person briefed with the company's waiver application" said that "Exxon is anxious it could get boxed out of the Black Sea by the Italians". He also has until early May to sell his Exxon Mobil stock. In 2012, Tillerson negotiated a deal with Russia's oil and gas giant Rosneft worth as much as $500 billion in joint investments, to explore deposits in the Black Sea, the Arctic and Russia's ... [Full Article...]

Trump's tax plan could cost an estimated $5.5 trillion

The proposal suggests cutting the income tax rate of public corporations and that paid by "pass-through" businesses, including partnerships, S corporations and sole proprietorships to 15%. corporates. Still, "I would never, ever bet against this president". I think we have broad agreement on the principles. That rate has yet to be finalized. [Full Article...]

NRG Energy Inc (NRG) Raised to "Buy" at Zacks Investment Research

NRG Energy Inc (NRG) Raised to Norinchukin Bank The raised its stake in shares of NRG Energy by 2.2% in the third quarter. Barings LLC now owns 203,520 shares of the company's stock worth $2,495,000 after buying an additional 98,000 shares during the last quarter. Royal Bankshares Of Canada stated it has 0.01% of its portfolio in NRG Energy Inc (NYSE:NRG). If you are accessing this report on another site, it was illegally sto... [Full Article...]

Active Volume Stock: Freeport-McMoRan Inc. (FCX)

Active Volume Stock: Freeport-McMoRan Inc. (FCX) The company has grown -1.15% in past 3 months and in the last five trades has moved up 5.42%. Atria Investments LLC purchased a new position in Freeport-McMoRan during the first quarter worth about $134,000. and global copyright & trademark laws. Now the shares of Freeport-McMoRan Inc. Target price projections may differ from analyst to analyst. Finally, JPMorgan Chase & Co. [Full Article...]

Hibbett Sports, Inc. (HIBB) Receives Average Recommendation of "Hold" from Analysts

It has underperformed by 43.27% the S&P500. LSC Communications Inc (NYSE:LKSD) has risen 6.00% since March 27, 2017 and is uptrending. The Monthly and Yearly performances are -5.39 percent and -28.18 percent respectively. Manufacturers Life Ins The accumulated 0% or 52,275 shares. Hibbett Sports, Inc operates athletic specialty stores in small and mid-sized markets in the South, Southwest, Mid-A... [Full Article...]

Modi pitches for justice to Muslim women

Modi pitches for justice to Muslim women In what was an unrelenting, and sometimes vicious, attack on the opposition, Modi accused the Congress of using "faulty" electronic voting machines to hide their electoral losses. Shah has asked party workers to go the extra mile to strengthen the party in 120 Lok Sabha constituencies where it is weak. "The people in Odisha want change from the incumbent government, which is in power since 2000". [Full Article...]

Trump jokes about replacing Haley, takes it back

Haley was seated next to Trump when the president made the joke at a luncheon for ambassadors from several UN Security Council members. US ambassador to the United Nations Nikki Haley said Washington and the worldwide community were maintaining pressure on North Korean leader Kim Jong Un but "not trying to pick a fight with him". [Full Article...]

Southwest misses Street 1Q forecasts, shares drop early

That's up from $979 million, or $1.16 per share a year ago. Despite the improvement in revenue, much of the discussion on American's conference call with analysts centered the decision to raise pay. Revenue for each seat flown one mile by Southwest, a proxy for average fares, fell 2.6 percent in the quarter. At a time when American and other airlines are seeing higher costs for labor, fuel and... [Full Article...]

Canadian gross domestic product flat in February after hot start to 2017

Canadian gross domestic product flat in February after hot start to 2017 There was a decline of 0.3% for goods-producing industries after a 1.1% gain the previous month with annual growth of 2.8%. All figures are seasonally adjusted. President Donald Trump said this week he considered issuing a formal withdrawal from the North American Free Trade Agreement, but decided instead to proceed with renegotiations after speaking to leaders from Canada and Mexico. [Full Article...]

'Pokemon GO' gives Zuckerberg AR dreams; Facebook to venture into AR

Messenger will also let people chat with outside businesses as a group. A closed beta period is now open for developers to add AR-powered effects to the Facebook app's camera. He also briefly acknowledged the "tragedy in Cleveland", in which Steve Stephens shot to death a randomly chosen victim, Robert Godwin, on Sunday and then posted video of the crime on Facebook . [Full Article...]


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