Markets

Xi to attend Belt and Road forum's opening ceremony

Xi to attend Belt and Road forum's opening ceremony To achieve the ambitious goal, China took the lead in the establishment more than a year ago of the Asian Infrastructure Investment Bank. Among those attending will be Russian President Vladimir Putin, Pakistani Prime Minister Nawaz Sharif and Cambodian Prime Minister Hun Sen. [Full Article...]

US Housing Starts Fall in March After a Strong February

US Housing Starts Fall in March After a Strong February Single-family starts rose 9.3% year over year in March. The construction of single-family homes in the Midwest recorded its biggest decline in three years, with overall housing starts falling 6.8% to a seasonally adjusted annual rate of 1.22 million units. [Full Article...]

J&J's quarterly sales rise 1.6 pct

J&J's quarterly sales rise 1.6 pct Keystone Financial Planning Inc. raised its stake in shares of Johnson & Johnson by 0.3% in the third quarter. Newer blood cancer drugs Darzalex and Imbruvica demonstrated very strong growth, while prostate cancer drug Zytiga struggled with US sales off 14.3 percent. [Full Article...]

5 things to know about Tax Day: refunds are up, audits down

Instead, only income earned above the first threshold of $190,150 is taxed at the new rate. Every one of those thousands of pages in the tax code we complain about has a reason for being there, and a constituency attached. That averages out to more than Americans will spend on housing, food and clothing. The top 1 percent of Americans, with an average income of $2.1 million, pay almost 44 pe... [Full Article...]

Yahoo's first-quarter revenue jumps 22 percent

Yahoo's first-quarter revenue jumps 22 percent Stock is now moving with a positive distance from the 200 day simple moving average of approximately 11.91%, and has a solid year to date (YTD) performance of 22.55% which means the stock is constantly adding to its value from the previous fiscal year end price. [Full Article...]

Vijay Mallya arrested by Scotland Yard in London

Vijay Mallya arrested by Scotland Yard in London To recover the loans defaulted by Mallya, banks went on to auction his lavish bungalows and costly villas, but their efforts went in vein as the bidding received poor response from buyers. The Westminster Magistrates' Court later gave him bail on a 650,000-pound bond. And that brought him a non-bailable warrant in the Rs 720-crore IDBI bank loan default case. [Full Article...]

Beijing Pushes Back On Trump's North Korea Rhetoric

Saturday's parade honouring North Korea's country's founder, Kim Il Sung, came amid heightened tensions over the country's nuclear ambitions. "The era of strategic patience is over and while all options are on the table, President [Donald] Trump is determined to work closely with Japan, with South Korea, with all our allies in the region and with China to achieve a peaceable resolution and... [Full Article...]

Protesters in Wisconsin urge Trump to release tax returns

Following his prepared remarks, Trump signed an executive order that restricts USA companies' use of skilled immigrant workers and enforces federal "Buy American" laws for goods and services used in taxpayer-funded projects. Despite the claim, a bill introduced in May by Democratic Sen. The president's "verbiage doesn't meet. reality", Schumer said during a conference call with reporters. [Full Article...]

Chelsea icon Zola leaves Birmingham…after just 2 wins!

Harry Redknapp is back in football. "I sacked myself", said Zola, who was on a two-and-a-half-year contract. The Italian has apologized to fans and leaves the club in a hard position as they are now in 20th place and only three points above the relegation zone. [Full Article...]

Goldman Sachs Stumbles with Big Trading Miss

EPS of $5.15 a share vs. $5.31 a share expected by Thomson Reuters analysts' consensus. Revenue rose 27 percent to $8.03 billion in the first quarter, also missing analysts' estimate of $8.446 billion. Equities trading revenue fell 6 percent while fixed income trading was essentially flat, though analysts were more disappointed in that business relative to their expectations. [Full Article...]

Wells Fargo Employees Rehired; Execs' Pay Taken Back

Wells Fargo took back another $75 million (71 million euros) in pay from two former executives who played key roles in the bank's fake accounts scandal, the bank announced Monday. The investigation found that Wells' corporate structure wasn't working because executives of other divisions, under Stumpf's leadership, were running them as separate companies. [Full Article...]

BP plc 32.4% Potential Upside Indicated by Barclays Capital

Therefore 80% are positive. Burberry Group PLC had 270 analyst reports since July 31, 2015 according to SRatingsIntel. Among 16 analysts covering WH Smith (LON:SMWH), 7 have Buy rating, 2 Sell and 7 Hold. Johnson & Johnson had 41 analyst reports since August 7, 2015 according to SRatingsIntel. BNP Paribas maintained the stock with "Outperform" rating in Monday, March 14 report. [Full Article...]

United Airlines incident: Know your rights on an overbooked flight

United Airlines incident: Know your rights on an overbooked flight Passengers were told the flight was overbooked and four United employees had to be flown to Louisville for their shift on Monday. Video recorded by fellow passengers showed Dao on his back as security officers dragged him from the cabin of the parked plane. [Full Article...]

North Korea attempts but fails to launch missile, says South

North Korea paraded its intercontinental ballistic missiles on Saturday in a massive military display in central Pyongyang, amid rising tensions across the region. Amid the elevated tensions, the United States a few days ago dispatched what Mr Trump called an "armada" of ships in a show of force, including an aircraft carrier, into waters off the Korean Peninsula. [Full Article...]

Washington Wizards: 5 Takeaways From Game 1 vs. Hawks

Paul Millsap thought Morris was going to screen for Porter, but instead he spun and Wall lofted a pass just out of Millsap's reach. Gortat's teammates recognized how well he played in Game 1, especially the guards he sets his league-leading 6.2 screen assists per game for. [Full Article...]

Stocks subdued, gold rises as investors eye global risks

Asian markets moved cautiously on Wednesday as global geopolitical risks continued to gnaw at investor sentiment following last week's USA missile strike on Syria and soaring tensions on the Korean peninsula. On the energy front, oil prices were marginally higher after Saudi Arabia informed OPEC officials that it intends to continue output cuts for six more months, according to reports. [Full Article...]

How Sergio Garcia joins his heroes Ballesteros and Olazabal

Fowler, who finished tied for 11th despite beginning the final round Sunday only one shot off the lead, just played in his 29th major. "Some of the moments at Augusta I didn't enjoy as much and how stupid I really was to fight something you can't and how I was able to accept things and do things better than I ever had". [Full Article...]

Pence, headed to Japan, turns focus to trade with key ally

Trump once seemed to understand how America had been taken to the cleaners during and after the Cold War. But those of us who warned Trump that Russian Federation will never be a true U.S. McFarland. Japan wants to avoid opening talks on a bilateral trade deal for fear of being pressured into opening up highly protected areas of its economy, such as agriculture. [Full Article...]

South Africa's Trade Unions Congress Asks President Zuma to Stand Down

Gordhan's sacking contributed to a credit ratings downgrade to junk status on Monday by Standard & Poor's, further fuelling calls for Zuma to step down. It forms a political alliance with the nation's ruling party, the African National Congress (ANC), and with the South African Communist Party (SACP). [Full Article...]

United Airlines changes ruling over boarding off duty employees

United Airlines changes ruling over boarding off duty employees CHICAGO It would be illegal for IL state or local government employees to forcibly remove travelers from flights under a bill introduced by a lawmaker on Monday after a United Airlines passenger was violently dragged from an aircraft last week. [Full Article...]


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