Markets

Budget Spends To Surplus

Both Westpac and the Commonwealth say customers and shareholders will be hit hardest by the new tax, which will apply to the big four banks plus Macquarie. Labor will back the government's 0.5 per cent increase to the Medicare levy , but only for Australians in the top two tax brackets. In the resources sector, global miner BHP Billiton lifted 1.51 per cent to $23.51, Rio Tinto added 2.06 per c... [Full Article...]

Trump administration postpones another meeting on Paris climate agreement

Though it isn't an official topic, global concerns over the uncertainty that the new USA government would probably exit Paris Agreement are casting shadow over the conference. China and France "should protect the achievements of global governance, including the Paris Agreement ", the foreign ministry in Beijing quoted Xi as telling his newly-elected counterpart Emmanuel Macron in a phone call. [Full Article...]

KAMES CAPITAL plc Buys New Stake in Digital Realty Trust, Inc. (DLR)

KAMES CAPITAL plc Buys New Stake in Digital Realty Trust, Inc. (DLR) Realty Income Corporation (O ) belonging to the Finance sector has surged 1.51% and closed its last trading session at $56.62. Another trade for 200,608 shares valued at $6.42M was sold by SWAN ROBERT HOLMES. The company was downgraded on Monday, January 9 by Deutsche Bank. Stifel Nicolaus maintained the shares of DLR in report on Tuesday, December 22 with "Buy" rating . [Full Article...]

Whole Foods board overhaul fails to satisfy activist Jana

Whole Foods board overhaul fails to satisfy activist Jana In addition, it's board announced a 29 percent increase in the regular quarterly dividend and authorized a new $1.25 billion share repurchase program. Whole Foods Market's dividend payout ratio (DPR) is presently 40.29%. If you are accessing this news story on another publication, it was illegally stolen and republished in violation of global trademark & copyright law. [Full Article...]

Jacqueline Kennedy Onassis's painting, watch to be auctioned

Jacqueline Kennedy Onassis's painting, watch to be auctioned Jacqueline Kennedy Onassis (1929 - 1994), wife of Greek ship-owner Aristotle Onassis and widow of U.S. president John F Kennedy. The Cartier watch up for auction was gifted to her by Radziwill on February 23, 1963, the same day that she gifted him the painting. [Full Article...]

Department stores Macy's and Kohl's struggle with U.S. malls downturn

Even so, Kohl's sales decline of 3.2% in the quarter outpaced the inventory decline of 2.3%. Sales dropped 7.5% to $5.3 billion vs. $5.8 billion in the first quarter of 2016. Kohl's , Dillard's and Nordstrom also fell sharply. This transaction is expected to close in fall 2017. Three stocks fell for every two that rose on the New York Stock Exchange. [Full Article...]

Chicago Bridge & Iron Company (CBI) Given Average Rating of "Hold" by Brokerages

Chicago Bridge & Iron Company (CBI) Given Average Rating of Price Target is basically a projection of future price of a company's stock by the expert analysis of investment analysts or investment firms. During the previous year Chicago Bridge & Iron Co.'s shares have decreased by -31.37% from 37.58 to 25.79. [Full Article...]

Nordstrom reports growth in 1Q profit, disappointing sales

Nordstrom reports growth in 1Q profit, disappointing sales The results may deepen investors' pessimism regarding retail and specifically department stores, since it follows drops in comparable sales from Macy's Inc. COPYRIGHT VIOLATION WARNING: This article was posted by Chaffey Breeze and is owned by of Chaffey Breeze. If you are reading this piece on another domain, it was illegally copied and republished in violation of USA and worldwide copyright an... [Full Article...]

Australia hits banks with higher taxes to bring budget back into black

Westpac chief executive Brian Hartzer said the levy was a "stealth tax" that would reduce the worldwide competitiveness of the sector, while flagging a possible increase in interest rates for borrowers, job cuts, or a reduction in returns to shareholders. [Full Article...]

Judge refers theft allegations against Uber to US Attorney

Judge refers theft allegations against Uber to US Attorney Uber had sought private arbitration to review Waymo's claims that Uber and ex-Google engineer conspired to steal key autonomous driving intellectual property from the Alphabet subsidiary. Uber had already announced that Levandowski would step aside from working on Lidar while the case was being litigated, and said the company would agree to a court injunction that formalizes that arrangement. [Full Article...]

Rare Setback for the GOP Assault on Obama-Era Regulations

U.S. Sen. Cory Gardner was not one of those Republicans. Susan Collins of ME, and Sen. "Waste is just not a sale-able message. It's so clear from the states have done this right, you can do this in a way that makes money in the long run", said Sen. [Full Article...]

Canadian bank shares deflated by Moody's downgrade

Canadian bank shares deflated by Moody's downgrade The downgrade is expected to turn banks and investors more cautious about Canada's long housing boom and heady mortgage market, coming just weeks after Home Capital Group, Canada's biggest non-bank lender, faced a sharp withdrawal of deposits after a regulator said it made misleading statements to investors about its mortgage underwriting business. [Full Article...]

Trump to decide on Paris climate agreement after G7 summit

Trump to decide on Paris climate agreement after G7 summit Trump, who doubts climate change is man-made and made a campaign pledge to "cancel" the 2015 Paris Agreement , postponed on Tuesday a planned decision on whether to stay or leave that had been due before the May 26-27 summit in Italy. Tillerson, Ivanka Trump and Jared Kushner are lead Trump administration officials in favor of sticking with the Paris agreement. Former President Barack gave... [Full Article...]

Canada's DHX Media Buys 'Peanuts' Gang In $345-Million Deal

Canada's DHX Media Buys 'Peanuts' Gang In $345-Million Deal Iconix was also looking to sell its Strawberry Shortcake brand, which is based on a character that rose to fame in the 1980s as a doll for young girls, Reuters reported in January. Iconix has had a controlling stake in the company since 2010. Despite how classic of a brand Peanuts has grown to be, it still faces tough competition to appeal to today's children who access much of their cartoon... [Full Article...]

Airline Customer Satisfaction Survey Ranks Canadian Carriers Near Bottom

Airline Customer Satisfaction Survey Ranks Canadian Carriers Near Bottom But, he said, overall "the airline industry has been making marked improvements in customer satisfaction across a variety of metrics, from ticket cost to flight crew". In the discount space, Southwest leapfrogged to No. 1 with a score of 807, bypassing previous leader JetBlue. The survey of 11,015 airline passengers wrapped up in March, before the now-infamous incident of a passenger being dragg... [Full Article...]

Dana White: Georges St-Pierre-Michael Bisping bout called off

Dana White: Georges St-Pierre-Michael Bisping bout called off Numerous top combatants in the stacked middleweight division, including top contender Yoel Romero and former champions Anderson Silva and Luke Rockhold , correctly called it a fight that did nothing but clog up an already crowded title queue, especially considering the fact St-Pierre recently confirmed he would only be ready to fight after October. [Full Article...]

Telecom plus PLC (TEP) Stock Rating Reaffirmed by FinnCap

The company has market cap of 151.07 million GBP. It has a 17.13 P/E ratio. The Company's segments include the UK, Australia & New Zealand, Established Markets and Developing Markets. Sky Plc has a 52 week low of GBX 560.00 and a 52 week high of GBX 1,050.00. The stock decreased 4.54% or $86.72 during the last trading session, reaching $1824.41. [Full Article...]

ING Groep Tops First Quarter Earnings Estimate as Wholesale Banking Impresses

ING Groep Tops First Quarter Earnings Estimate as Wholesale Banking Impresses Shares of ING Groep NV (AMS:INGA) traded down 0.478% during trading on Tuesday, hitting €15.615. JPMorgan Chase & Co. restated a "buy" rating on shares of ING Groep NV in a research report on Monday, February 13th. ING Groep N.V.'s sales for the past 5 years rolls at -8.20%, exhibiting an EPS growth from quarter-to-quarter at 155.60%. The stock decreased 1.16% or $0.29 during the last trading ses... [Full Article...]

China: Producer Price Inflation for April Falls More Than Expected

China: Producer Price Inflation for April Falls More Than Expected China's economy, a vital engine of global growth, expanded 6.7 percent past year, the slowest rate in a quarter of a century. Robust 6.9 per cent growth in the first quarter has given Beijing confidence to shift its economic focus to increasing financial regulation. [Full Article...]

Ryan: Senate Obamacare Repeal Coming In 'Month or Two'

Ryan: Senate Obamacare Repeal Coming In 'Month or Two' More than two-fifths of American voters oppose the new Republican legislation aimed at repealing and replacing Obamacare or the Affordable Care Act (ACA), a new poll has revealed. The Kentucky Republican disputed the importance of the 13-member working group comprised entirely of white men. They're more than half the population, they're effected worse off than even men are. [Full Article...]


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