Markets

GST: Luxury cars, aerated waters, cigarettes subjected to highest tax rate

AC train travel will attract 5 per cent service tax, same as freight levy. "Since healthcare was always on the zero list the impact of this announcement will be neutral", said Suneeta Reddy, Managing Director of Apollo Hospitals welcoming the exemption. [Full Article...]

Maharashtra Legislature convenes special session on GST from today

Maharashtra Legislature convenes special session on GST from today AC hotels that serve liquor, telecom services, telecom services, branded garments and financial services will fall under 18 per cent tax slab . Staying in hotels across Karnataka will, however, be much more cheaper because the state now levies a luxury tax of 8% even on hotels with tariff below Rs 1,000 a night. [Full Article...]

Donald Trump's first foreign trip clouded by Russia probe

The Post didn't name the official. "With each passing day, the President's actions give greater and greater urgency to the need for a full and independent investigation of the Trump-Russia connection". The sources added, however, that overall the investigation is still focused on people who previously worked with the Trump campaign and administration but are not part of it now - namely former na... [Full Article...]

Jefferies Group LLC Increases Delphi Automotive PLC (DLPH) Price Target to $106.00

Delphi Automotive Plc now has $22.92B valuation. The stock rose 0.96% or $0.83 reaching $87.5. About 551,320 shares traded. United Kingdom based company, Delphi Automotive PLC (DLPH)'s latest closing price was 19.23% from the average-price of 200 days while it maintained a distance from the 50 Day Moving Average at 6.51% and 2.15% compared with the 20 Day Moving Average. [Full Article...]

OH unemployment rate improves

The country is in the third-longest economic expansion and on the heels of passing the second-longest expansion of the 1960s, Jebaraj said. The overall growth rate in other expansions was faster than it is now, Jebaraj said. In the past year, jobs increased in seven sectors and declined in four. More than half - 7,400 - were in construction. There were 5,800 looking for work in April compared to... [Full Article...]

Philippines calls for 'gentlemen's agreement' between ASEAN, China on sea code

The South China Sea is a valuable shipping lane , and there could be massive oil deposits under the seafloor. The Philippine strongman allegedly insisted in his claims, citing the July 2016 Hague arbitral ruling , which did not find the Chinese claims to be strong enough and ruled in favor of the Philippines. [Full Article...]

(CMCSA) is Carderock Capital Management Inc.'s 8th Largest Position

A number of other hedge funds have also added to or reduced their stakes in the company. Cornerstone Financial Partners LLC boosted its stake in shares of Comcast by 2.1% in the third quarter. The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 26th. A recommendation of 1 or 2 would represent a consensus Buy. [Full Article...]

Bernstein Reaffirms "Neutral" Rating for International Business Machines Corp. (IBM)

About 167 shares traded. Golar LNG Limited (USA) (NASDAQ:GLNG) has risen 6.00% since April 17, 2017 and is uptrending. It has by 0.00% the S&P500. Past 5 years growth of International Business Machines (NYSE: IBM ) observed at -2.67%, looking forward for the next 5 years it has a strong prediction of 2.56% over growth. [Full Article...]

Duct tape used to restrain man on Hawaii flight

They say he was spotted by a contractor and detained until police officers arrived. American Airlines Flight 31, an Airbus A321 from Los Angeles to Honolulu , landed safety at 11:35 a.m. "The flight attendants just were really heroic", Lorenzen said. "It took seconds", Lorenzen told Hawaii News Now . - Soon after they boarded a flight to Honolulu , Mark and Donna Basden found a laptop com... [Full Article...]

UK Conservatives slip in opinion polls ahead of election

UK Conservatives slip in opinion polls ahead of election Prime Minister Theresa May gives a speech at the Ealing Conservative Association in London, Britain May 20, 2017 . At the end of his tweet, DeVito added the hashtag #grime4corbyn, used by some United Kingdom rappers to voice their support for the Labour campaign. [Full Article...]

Indian climber missing on Everest, guide in bad condition

Indian climber missing on Everest, guide in bad condition At 8,400 mts it is considered to be the highest peak in the world. Climbers often consider the balcony area as a "death zone", Sharma said. The death zone is notorious for its hard terrain and thin air, where low levels of oxygen heighten the risk of altitude sickness. [Full Article...]

Trump accused of sharing 'highly classified information with Russian officials'

The threat was related to the use of laptop computers on aircraft. "The president wasn't even aware of where this information came from", McMaster said. The CIA and the Office of the Director of National Intelligence declined to comment Monday evening. "Revealing highly-classified information to an adversary like Russian Federation is either pure incompetence or an attempt to place Russian Fed... [Full Article...]

Ford Announces 1400 Salaried Job Cuts

Ford Announces 1400 Salaried Job Cuts Sales in Asia are volatile and not as profitable. It also has reduced jobs in South America. Earlier this year, it announced an investment of US$1 billion over five years in Argo AI, an artificial intelligence startup. More than half of the affected staff are in the United States, which has 9,600 of the eligible positions. The Wall Street Journal reported Monday night those cuts could target sal... [Full Article...]

Cisco Systems, Inc. (CSCO) Lifted to Outperform at Credit Suisse Group AG

The company had revenue of $11.94 billion during the quarter, compared to analyst estimates of $11.90 billion. William Blair restated an "outperform" rating on shares of Cisco Systems in a research report on Thursday, February 16th. COPYRIGHT VIOLATION NOTICE: "Cisco Systems, Inc. (CSCO) Downgraded to "Sell" at Zacks Investment Research " was originally posted by Transcript Daily and is owned by ... [Full Article...]

Mueller Investigation Will Prolong, Not Halt, Political Controversy Over Russia

Republicans on Capitol Hill hoped the same, reasoning that the appointment of a special counsel could free them to work on a major tax overhaul and other matters without constant distractions. That revelation came after almost the entire complement of the U.S. Senate attended a briefing with Deputy Attorney General Rod Rosenstein in a secure auditorium beneath the Capitol. [Full Article...]

Buffett says Trump tax proposal won't fundamentally change Berkshire

Currently, Buffett believes he can find a good use for Berkshire's cash, so the company doesn't pay dividends and rarely repurchases its stock. According to him, India has a "terrific future", thanks to some professionals it produces. Berkshire now owns 133 million shares of Apple, which Buffett said behaves more like a consumer-products company than a tech company. Apple's (AAPL) brand loy... [Full Article...]

Kevin Durant, Warriors beat Spurs at 120-108

They sorely missed Leonard, who was the defensive player of the year in the National Basketball Association, especially during the second half. But he was quiet early on. But as good as Jonathon Simmons has been, it can't be his show. It's going to be very hard, but we are on the way and we've just got to stay patient and not worry about statistics. [Full Article...]

Trump meeting with Arab Gulf nation leaders

But on Saturday, the 81-year-old king, aided by a cane, walked along the red carpet to meet Mr Trump as a fleet of military jets swept through the sky, leaving a red, white and blue trail in their wake. "Tremendous investments in the United States", Mr Trump said at talks with Saudi King Salman. "At one point, senior adviser and son-in-law Jared Kushner was seen high-fiving National Security Adv... [Full Article...]

Philippine President Alleges China Threatened War

The senior officials chose to wrap up negotiations on the draft COC framework during last Thursday's 14th Senior Officials' Meeting on the Implementation of the Declaration on the Conduct of Parties in the South China Sea (DOC) in Guiyang. [Full Article...]

Yum! Brands (YUM) Earning Somewhat Favorable News Coverage, Study Shows

Other institutional investors have also recently made changes to their positions in the company. 05/11/2017 - Yum! Brands, Inc . was upgraded to "neutral" by analysts at Goldman Sachs. Brands's dividend payout ratio (DPR) is presently 29.93%. ILLEGAL ACTIVITY WARNING: "Courier Capital LLC Continues to Hold Position in Yum!" YUM has been the subject of a number of research reports. [Full Article...]


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