Markets

Trump's tax duo to brief senior U.S. Congress leaders on plan

President Donald Trump plans to stick with his campaign pledge to slash the corporate tax rate from 35 percent to 15 percent, but the dramatic cut raises a problematic question for the White House: How can the president deliver the "massive" tax cut he promised without also blowing a massive hole in the budget? That comes on the heels of news that Trump is also considering a big reduction in the... [Full Article...]

Trump's tax announcement this week unlikely to provide many details

Trump's tax announcement this week unlikely to provide many details U.S. Treasury Secretary Steve Mnuchin explained that two of the orders could eventually lead to a significant revision of controversial provisions of the 2010 Dodd-Frank Wall Street Reform law. They will all differ somewhat on variables such as how the tax cuts will affect hours worked and capital investment, and how much higher deficits will curb economic growth, according to Alan Cole, an ec... [Full Article...]

CR Bard Inc (BCR) Downgraded to Equal Weight at Morgan Stanley

CR Bard Inc (BCR) Downgraded to Equal Weight at Morgan Stanley C R Bard has a one year low of $203.63 and a one year high of $305.66. On the other hand, company insiders are holding 0.50%. Stock is now moving with a positive distance from the 200 day simple moving average of approximately 32.1%, and has a solid year to date (YTD) performance of 34.76% which means the stock is constantly adding to its value from the previous fiscal year end price. [Full Article...]

Trump threatens Canada over milk imports

Trump threatens Canada over milk imports But anytime there's extreme changes in the market, it's bad for everybody", said Koze, whose local housing projects include Trio Fields in Lower Nazareth Township, Laurel Field in Upper Macungie Township and Blue Ridge Chase in Upper Saucon Township. [Full Article...]

US Gasoline Inventories Rose for the First Time in 9 Weeks

The latest data which covers production up to 14th of April show that the USA production has reached 9.252 million barrels per day, which is the highest level of production since August 2015. The increased oil stockpiles that are driving the cost per barrel down that will lead to higher prices at the pump come amid OPEC's fight to reduced the global crude stockpile. [Full Article...]

Revenue Forecast of Delcath Systems, Inc. (DCTH)

Another critical number in evaluating a stock is P/E or the price to earnings ratio . (DCTH). A frequently used tool among technical stock analysts is the moving average. Price targets show what analysts believes a stock will be worth at the end of a certain time period. Simple moving average analysis helps investors to quickly identify if a security is in an uptrend or downtrend. [Full Article...]

Australian inflation above 2% but experts say interest rate rise unlikely

Australian inflation above 2% but experts say interest rate rise unlikely If the rise in headline inflation had been much higher than the reported increase then this column might have been all about whether or not households, and the whole housing market, could cope with a rate hike from the RBA not long after the banks had gone out and raised mortgage rates. [Full Article...]

Softwood Duties Could Endanger 25000 Canadian Jobs

But NDP Leader Tom Mulcair said the government had not done enough to prepare for a day it knew was coming, saying Trudeau had 18 months since the expiry of the previous deal to work on a plan to support the Canadian industry and yet had nothing new to announce today. [Full Article...]

US Blacklists Syrian Government Employees

The sanctions will freeze any assets held by the 271 individuals which are in the United States and prevent them from doing any business in the U.S. "We intend to hold the Assad regime accountable for its unacceptable behavior", Mnuchin told reporters in the White House briefing room. [Full Article...]

Wells Fargo faces angry shareholders, protesters at annual meeting

Only three directors received more than 90 percent support from voting shareholders, a benchmark cited by Sanger as what would be the outcome of a normal vote. While the re-election of directors, if confirmed, will be a relief for the bank, the likelihood that at least some board members will receive below 60% of votes cast is concerning. [Full Article...]

CBI books ex-chief Ranjit Sinha in corruption case

CBI books ex-chief Ranjit Sinha in corruption case There have been allegations that Mr. Sinha tried to influence the probe into the scam during his tenure as head of the agency. In February, the CBI registered a corruption case against another of its former director, Sinha's predecessor Amar Pratap Singh, for allegedly favouring meat exporter Moin Qureshi. [Full Article...]

Pacers Eliminated in Game-4 Loss to Cavaliers

We'd been losing, had a losing record since I was there. Paul George can become a free agent after the 2017-18 season. We (were) a.500 ballclub this season and never really got that consistency where we were continuing to get better. "I went out being aggressive, putting my teammates into position to be successful, offensively and defensively", James said. The Pacers now face a monumental offs... [Full Article...]

Trump's new threat, after lumber tax, on Canadian dairy: 'Watch!'

The association put out a statement denouncing the lumber tariff, calculating that fears of impending tariffs had driven up wood prices and added nearly US$3,600 to the cost of a typical home. The duties are unwarranted and the determination "is completely without merit", Susan Yurkovich, president of the BC Lumber Trade Council, said in a statement. [Full Article...]

Dessert is coming to Chipotle, but it's not what you expected

Dessert is coming to Chipotle, but it's not what you expected Tompkins Financial Corp now owns 417 shares of the restaurant operator's stock worth $197,000 after buying an additional 322 shares in the last quarter. Concannon Wealth Management LLC boosted its position in Chipotle Mexican Grill by 1.1% in the third quarter. "( CMG )" was originally reported by Markets Daily and is owned by of Markets Daily. [Full Article...]

Santana, seven-run fifth inning lead Twins over Rangers 8-1

Santana, seven-run fifth inning lead Twins over Rangers 8-1 Dozier provided all the offense the Twins needed with a three-run, two-out double in the fifth off Texas starter Martin Perez . The lefty was done in by three walks, all in Minnesota's three-run fifth. The suspension was announced earlier Monday. Twins 3B Miguel Sano appealed his one-game suspension, and he went 0-for-4. Miguel Sano opened the inning by ending the night for Cashner with a solo ... [Full Article...]

Community Trust Bancorp, Inc. (CTBI) Issues FY17 Earnings Guidance

Community Trust Bancorp, Inc. (CTBI) Issues FY17 Earnings Guidance Analysts on average have given a price target of $14.75 to New York Community Bancorp Inc. (NASDAQ:CTBI) from a sell rating to a hold rating in a report issued on Wednesday morning. If you are viewing this report on another domain, it was illegally stolen and republished in violation of United States & worldwide trademark & copyright laws. [Full Article...]

The Ocwen Financial Corp (OCN) Stock Rating Reaffirmed by Oppenheimer Holdings Inc

It has underperformed by 46.78% the S&P500. Tightening the gaze, stock performance for the last 5 trading days is -58.91%. SUPERVALU INC. (NYSE:SVU) was trading -34.80% below its 52-week high and +20.00% above its 52-week low. Analysts await HCA Holdings Inc (NYSE:HCA) to report earnings on May, 2. At the end of past year, Ocwen serviced almost 1.4 million loans with an unpaid principal balanc... [Full Article...]

Is Cabot Oil & Gas Corporation (COG) Buy Now?

Is Cabot Oil & Gas Corporation (COG) Buy Now? Strategy Asset Managers Ltd Liability Corporation has 3.27% invested in Dow Chemical Co (NYSE:DOW). The stock has "Hold" rating by Suntrust Robinson on Thursday, October 20. Blackrock Inv Mngmt Limited Com reported 297 shares. 01/03/2017 - Anadarko Petroleum Corporation was downgraded to "market perform" by analysts at Raymond James. [Full Article...]

GM Will Start Producing an Electric Car in China in Two Years

Batey said in an interview on the sidelines of the Shanghai auto show Wednesday. Earlier in April, US manufacturer Ford revealed plans to release an electric vehicle in China. Volvo was started in Sweden in 1927 and has gone through several owners, including Ford Motor Co. As evidenced by the slew of electrified cars debuting at the Shanghai show, the country is looking toward electrificatio... [Full Article...]

Canadian leader responds to lumber tariffs imposed by the US

He added: "We will not stand for this. That's all (Prime Minister Justin) Trudeau seems to be able to do". And while the the tariffs are a new and not entirely shocking development in a trade dispute that dates back to the 1980s, there are signs this could be a step towards a broader trade war between the two nations. [Full Article...]


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