Markets

Australian conservative government to raise taxes on five biggest banks

Australian conservative government to raise taxes on five biggest banks But the design features will be many: ascertaining which liabilities are in scope, territorial issues, quarterly reporting obligations, competition issues vis-a-vis other financial institutions, and importantly, who actually bears the burden of the tax. [Full Article...]

Chinese military conducts live-fire drills, weapons tests

China's military has conducted live-fire drills and weapons tests in the northeastern Bohai Sea close to the Korean peninsula, the country's defense ministry said on Tuesday. Photo: Wikimedia. There is a strict Chinese boycott of South Korea that has been in effect since the THAAD defenses were installed. A United States defence official said, however, that the system had only "reached initial... [Full Article...]

Alexion Pharmaceuticals, Inc. (ALXN) Stake Raised by BNP Paribas Arbitrage SA

Alexion Pharmaceuticals, Inc. (ALXN) Stake Raised by BNP Paribas Arbitrage SA The 20-day Simple Moving average for Alexion Pharmaceuticals, Inc. Seven equities research analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. [Full Article...]

Buy, Sell and Hold Suggestions for American Eagle Outfitters, Inc. (AEO)

Its Price to Cash Flow ratio shows the value of 6.78, whereas, the industry and sector ratio of Price to Cash Flow ticked at 19.37 and 511362.8 respectively. They expect $0.17 earnings per share, down 22.73% or $0.05 from last year's $0.22 per share. The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 21st. [Full Article...]

National Assembly To Pass 2017 Budget On Thursday

National Assembly To Pass 2017 Budget On Thursday The budget had been expected to be passed last week, before May 5, when the 2016 budget officially expired. The Senate has received the long-awaited report on the 2017 Appropriations Bill from its committees on appropriations and finance, led by Danjuma Goje and John Enoh respectively. [Full Article...]

Rex Energy Corporation (REXX) closed at $0.47 in the last trading session

The company now has an average rating of "Hold" and a consensus target price of $0.86. A price target is the projected price level of a financial security stated by an investment analyst. Swiss Bancorporation has 0.01% invested in Graphic Packaging Holding Company (NYSE:GPK) for 524,600 shares. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC web... [Full Article...]

South Korea Set To Build City For Testing Autonomous Cars

South Korea Set To Build City For Testing Autonomous Cars K-City, an 88-acre site, is under construction and will provide testing ground as large as a city, according the Ministry of Land, Infrastructure & Transport said. When it comes to self-driving tech, South Korea is somewhat of a latecomer. Companies that are interested can head on down to South Korea and start testing their technologies without having to worry about restrictive permits that allo... [Full Article...]

Trump's tax plan looks like a rough draft

Trump's tax plan looks like a rough draft Spicer said that "out of respect" Trump said he 'would listen to them and consider it'. Meantime, doubling the personal exemption level will help many Americans who voted for Trump, especially those in red states, but how many government programs need to be cut or eliminated to pay for this? Americans might be able to absorb a gas tax now, with a strong economy and relatively low gas prices. [Full Article...]

Con Edison spills gallons of oil into East River

Con Edison spills gallons of oil into East River Coast Guard Chief Warrant Officer Allyson Conroy said Tuesday that recreational vessels are barred from a 5-mile safety zone and ferries have to move slowly. The Coast Guard has declared a " safety zone " for everything south of the waters off Dupont Street in Greenpoint and East 25th Street in Midtown Manhattan, down to Red Hook, and the southern end of the Buttermilk Channel, according to the ... [Full Article...]

Lions Hall of Famer Yale Lary dead at 86

Lions Hall of Famer Yale Lary dead at 86 The Lions were a terrific team when Lary played, winning three titles, and he was asked about it in 1979, the same year he was enshrined in the HOF. He was a standout safety, punter and return man when smaller roster sizes demanded position versatility, and he gave championship performances on teams that had championship aspirations every year. [Full Article...]

ACB records sacked Delhi Minister's statement on tanker scam

ACB records sacked Delhi Minister's statement on tanker scam ACB today recorded the statement of sacked Delhi minister Kapil Mishra over his allegations that Chief Minister Arvind Kejriwal had influenced the probe into a Rs 400 crore tanker scam. "Remember you came to my house and said to me - "I want to take Kapil in the party and make him contest the election but he is not listening". Mishra, who is on a hunger strike demanding details of foreign trip... [Full Article...]

Don't surrender to the banks: Turnbull

Don't surrender to the banks: Turnbull The government has now accounted for the costs from 2018 to 2028 - adding another year when the full tax cut to Australia's largest corporations takes effect - resulting in an additional cost of more than $16bn. "It seems not only were banks kept in the dark on this tax, but perhaps Treasury officials had been kept in the dark up until now", she said after the meeting in Canberra. [Full Article...]

You might have missed it, but Trump's Census director resigned yesterday

You might have missed it, but Trump's Census director resigned yesterday The initial $656 million estimate for electronic data collection has since ballooned by about 50 percent and now stands at $965 million. Put simply, the census is how we know what America actually is. Some of the increased projection is the result of modernizing the counting process, Goldenkoff said. The Census, conducted every 10 years since 1790, is critical to determining how to run the cou... [Full Article...]

Markets Right Now: Stocks end mostly lower on Wall Street

Markets Right Now: Stocks end mostly lower on Wall Street However, Comey had also been leading an investigation into whether Trump's 2016 presidential campaign colluded with Russian Federation. Once again, this is despite a mixed lead from Wall Street. The eurozone's STOXX 600 dropped 0.73 percent, the Spanish Ibex Index fell 1.88 percent, while Italy's FTSE MIB Index fell 0.94 percent. NASDAQ measures a number of indices reflecting the reaction of... [Full Article...]

CIA Used 'Nano-poisonous' Radioactive Substance in Kim Assassination Attempt: North Korea

CIA Used 'Nano-poisonous' Radioactive Substance in Kim Assassination Attempt: North Korea The spy agencies in June 2014 "ideologically corrupted and bribed" a North Korean citizen who was working in Russian Federation to carry out the alleged assassination on Kim after returning home, the reports quoting the interior ministry. North Korea denied involvement. It did not mention Kim Jong-un by name, but he is widely referred to as the supreme leader. March and April 2017: "Kim" meets... [Full Article...]

China tests new guided missile in Bohai Sea

An editorial from the government controlled Global Times stated the missile launch "killed two birds with one stone". The tests of new missiles and weapons were carried out by the Peoples Liberation Armys Rocket Force in recent days and were created to "raise operational capability" of the armed forces to "effectively respond to threats" to national security, the statement said. [Full Article...]

New Writers Guild Contract All About Getting Paid for Streaming

Although the WGA said they didn't get everything they wanted , with nearly unanimous support from the writers, the Guild was able to achieve a deal that will net its members $130 million more over the life of the contract than they were expected to accept, the memo said. [Full Article...]

Compass Group (LON:CPG) Receives Hold Rating From Numis Securities Analysts

STV Group plc is a United Kingdom-based digital media company. Man Group Plc has a 1-year low of GBX 102.50 and a 1-year high of GBX 158.30. Sterne Agee CRT downgraded the shares of AAP in report on Friday, November 13 to "Neutral" rating. The Company's geographic divisions include North America; Europe, Russia and Turkey; Africa; Latin America and Caribbean, and Asia Pacific. It has a 24.21 P/E r... [Full Article...]

Australia hits banks with higher taxes

He would not say whether he would retain last year's target of returning the budget to surplus in 2020-21. Foreign property buyers will be hit with increased taxes and charges of more than $600m over the next four years in a government-led effort to reduce housing affordability pressures. [Full Article...]

Boks, All Blacks to clash

Pool A features Ireland , Scotland and Japan . Wales lost to Australia during the 2015 World Cup, and they also face tough opposition from rapidly-improving Georgia, whom Wales meet for the first time during their autumn Test schedule later this year. [Full Article...]


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