Markets
White House says Trump won't immediately pull out of NAFTA
- April 27, 2017
The decision comes just days after the White House announced hefty new tariffs on softwood lumber from Canada and as Trump has labeled changes to Canadian milk product pricing that he says are hurting the American dairy industry a "disgrace". (more...)
- April 27, 2017
The decision comes just days after the White House announced hefty new tariffs on softwood lumber from Canada and as Trump has labeled changes to Canadian milk product pricing that he says are hurting the American dairy industry a "disgrace". (more...)
Ford 1Q earnings down on recalls, lower sales; revenue rises
- April 27, 2017
Ford shares gained 2.1 percent to $11.84 in premarket trading. Operating profits were also dinged by a $295 million recall expense disclosed in March covering almost a half-million vehicles with fire risks and faulty door latches. The company reported a first-quarter net profit of US$1.6 billion, or 40 cents U.S. a share, down 36 per cent from US$2.5 billion, or 61 cents United States per share, a year earlier. (more...)
- April 27, 2017
Ford shares gained 2.1 percent to $11.84 in premarket trading. Operating profits were also dinged by a $295 million recall expense disclosed in March covering almost a half-million vehicles with fire risks and faulty door latches. The company reported a first-quarter net profit of US$1.6 billion, or 40 cents U.S. a share, down 36 per cent from US$2.5 billion, or 61 cents United States per share, a year earlier. (more...)
What is net neutrality and why does it matter?
- April 27, 2017
He said that his proposal would go through a public comment period starting with an FCC meeting in May. Montana startup among group opposing. The Federal Communications Commission last week voted to significantly ease regulatory requirements in the $45 billion business data services (BDS) market, and now Chairman Ajit Pai has announced a plan to roll back net neutrality rules. (more...)
- April 27, 2017
He said that his proposal would go through a public comment period starting with an FCC meeting in May. Montana startup among group opposing. The Federal Communications Commission last week voted to significantly ease regulatory requirements in the $45 billion business data services (BDS) market, and now Chairman Ajit Pai has announced a plan to roll back net neutrality rules. (more...)
Australia to abolish 457 immigration work visas
- April 27, 2017
The long list of professionals who qualified for work under the 457 visa scheme includes architects, engineers, media professionals, and whole host of medical professionals including doctors, dentists, surgeons and homeopaths. The Australian ambassador to Ireland says skilled Irish people will continue to be welcome in Australia despite the scrapping of the 457 visa programme. (more...)
- April 27, 2017
The long list of professionals who qualified for work under the 457 visa scheme includes architects, engineers, media professionals, and whole host of medical professionals including doctors, dentists, surgeons and homeopaths. The Australian ambassador to Ireland says skilled Irish people will continue to be welcome in Australia despite the scrapping of the 457 visa programme. (more...)
Canada Reports Progress With US on Lumber, Deal Not in Sight
- April 27, 2017
The Department of Commerce will instruct US Customs and Border Protection to collect cash deposits based on these preliminary rates. Meanwhile, Foreign Affairs Minister Chrystia Freeland shot back at Donald Trump's anti-Canadian trade rhetoric-including a fresh broadside aimed at the dairy industry-saying she will be "tough and strong" in fighting for Canada's economic interests with the U.S. (more...)
- April 27, 2017
The Department of Commerce will instruct US Customs and Border Protection to collect cash deposits based on these preliminary rates. Meanwhile, Foreign Affairs Minister Chrystia Freeland shot back at Donald Trump's anti-Canadian trade rhetoric-including a fresh broadside aimed at the dairy industry-saying she will be "tough and strong" in fighting for Canada's economic interests with the U.S. (more...)
PM Modi inaugurates maiden Shimla-New Delhi flight under UDAN scheme
- April 27, 2017
Under this, connectivity will be provided at a subsidised rate of Rs. 2,500 for per hour of flights. The UDAN Scheme is a key component of the National Civil Aviation Policy (NCAP) which was released by the Ministry of Civil Aviation on 15th June, 2016. (more...)
- April 27, 2017
Under this, connectivity will be provided at a subsidised rate of Rs. 2,500 for per hour of flights. The UDAN Scheme is a key component of the National Civil Aviation Policy (NCAP) which was released by the Ministry of Civil Aviation on 15th June, 2016. (more...)
India and Armenia to Expend Economic Scientific and Military Cooperation
- April 27, 2017
The meeting saw both sides agree on the fact that the global community must unite and speak with one voice against terrorism and not have double standards on the issue. "Our trade has gone 25 per cent in just one year", the official had said. About the agreement on cultural cooperation Ms. Saran said, India is looking forward to ease the visa regime and focus on people to people contact. (more...)
- April 27, 2017
The meeting saw both sides agree on the fact that the global community must unite and speak with one voice against terrorism and not have double standards on the issue. "Our trade has gone 25 per cent in just one year", the official had said. About the agreement on cultural cooperation Ms. Saran said, India is looking forward to ease the visa regime and focus on people to people contact. (more...)
Charging Bull Artist Wants Removal of Fearless Girl Statue
- April 27, 2017
His attorneys argue that "Fearless Girl" is merely a derivative piece of Di Monica's " Charging Bull ". NY city's Mayor Bill de Blasio recently extended the girl's statue permit, amid rising public clamour for it to be made permanent. The girl statue has been permitted to stay in its current spot until next year, in response to the overwhelmingly positive reception that it has garnered. (more...)
- April 27, 2017
His attorneys argue that "Fearless Girl" is merely a derivative piece of Di Monica's " Charging Bull ". NY city's Mayor Bill de Blasio recently extended the girl's statue permit, amid rising public clamour for it to be made permanent. The girl statue has been permitted to stay in its current spot until next year, in response to the overwhelmingly positive reception that it has garnered. (more...)
Axis Bank shares down almost 3% as Q4 profit declines
- April 27, 2017
Net Loss of Apple Credit Corporation reported to Rs 0.22 crore in the quarter ended March 2017 as against net loss of Rs 0.09 crore during the previous quarter ended March 2016. Though in absolute numbers the slippages still remained high, the comforting factor is that almost 74% of the total slippages came from the watch list. (more...)
- April 27, 2017
Net Loss of Apple Credit Corporation reported to Rs 0.22 crore in the quarter ended March 2017 as against net loss of Rs 0.09 crore during the previous quarter ended March 2016. Though in absolute numbers the slippages still remained high, the comforting factor is that almost 74% of the total slippages came from the watch list. (more...)
Man kicked off Delta flight after using bathroom before takeoff
- April 27, 2017
Hamilton did not leave his seat immediately. The incident comes as other airlines come under scrutiny for removing passengers from planes. He went in, flushed, and returned to his seat in about a minute. While the plane was delayed, he desperately needed to use the bathroom to urinate. The second official later entered the scene and began speaking with Hamilton. (more...)
- April 27, 2017
Hamilton did not leave his seat immediately. The incident comes as other airlines come under scrutiny for removing passengers from planes. He went in, flushed, and returned to his seat in about a minute. While the plane was delayed, he desperately needed to use the bathroom to urinate. The second official later entered the scene and began speaking with Hamilton. (more...)
Indian soldiers, 2 suspected rebels killed in Kashmir
- April 27, 2017
April. 27 (ANI): A massive gunbattle is underway as terrorists attacked an Indian Army camp in Kupwara's Panzgam in Jammu and Kashmir today. After an exchange of fire that continued for over an hour, Indian troops gunned down two militants. (more...)
- April 27, 2017
April. 27 (ANI): A massive gunbattle is underway as terrorists attacked an Indian Army camp in Kupwara's Panzgam in Jammu and Kashmir today. After an exchange of fire that continued for over an hour, Indian troops gunned down two militants. (more...)
Potash Prices: Potash Corp's Earnings Signal Market is Improving
- April 27, 2017
The estimates for earnings per share range from $0.54 to $1.53 with an average expectation of 83.5% growth. Vetr lowered shares of Potash Co. of Saskatchewan from a strong-buy rating to a buy rating and set a $19.00 price objective on the stock.in a report on Monday, January 2nd. (more...)
- April 27, 2017
The estimates for earnings per share range from $0.54 to $1.53 with an average expectation of 83.5% growth. Vetr lowered shares of Potash Co. of Saskatchewan from a strong-buy rating to a buy rating and set a $19.00 price objective on the stock.in a report on Monday, January 2nd. (more...)
Sahara-SEBI case: SC extends Subrata Roys parole till 19 June
- April 27, 2017
The court also sent Prakash Swamy to one month of imprisonment for reneging on his assurance given on behalf of MG Capital Holdings, a US-based real estate company that had sought to buy Sahara's stake in overseas hotels, and then failed to pay Rs10 crore costs imposed on it by the court. (more...)
- April 27, 2017
The court also sent Prakash Swamy to one month of imprisonment for reneging on his assurance given on behalf of MG Capital Holdings, a US-based real estate company that had sought to buy Sahara's stake in overseas hotels, and then failed to pay Rs10 crore costs imposed on it by the court. (more...)
Maruti Suzuki meets estimates; Top five takeaways from Q4 results
- April 27, 2017
In FY2015-16 the company had paid a dividend of Rs 35 per share. There were also environmental issues with various agencies functioning in a manner which create difficulties for automobile companies to function, he added. Among total sales, domestic front recorded growth of 10.7% to 1,444,541 units in FY17, versus 1,305,351 units in FY16. Net profit for the three months ended March 31 rose to 17.09 billion rupees ($266.64 million) from 14.76 billion rupees in the year-ago quarter, the ... (more...)
- April 27, 2017
In FY2015-16 the company had paid a dividend of Rs 35 per share. There were also environmental issues with various agencies functioning in a manner which create difficulties for automobile companies to function, he added. Among total sales, domestic front recorded growth of 10.7% to 1,444,541 units in FY17, versus 1,305,351 units in FY16. Net profit for the three months ended March 31 rose to 17.09 billion rupees ($266.64 million) from 14.76 billion rupees in the year-ago quarter, the ... (more...)
Donald Trump agrees to renegotiate NAFTA with Mexico, Canada
- April 27, 2017
As recently as last week he declared that Nafta- which was originally negotiated by Bill Clinton - was harmful to American workers and a "catastrophic trade deal for the United States". Trump has also been railing against changes in Canadian milk product pricing that he says are hurting the American dairy industry. I think NAFTA has been a catastrophic trade deal for the United States, trading agreement for the United States. (more...)
- April 27, 2017
As recently as last week he declared that Nafta- which was originally negotiated by Bill Clinton - was harmful to American workers and a "catastrophic trade deal for the United States". Trump has also been railing against changes in Canadian milk product pricing that he says are hurting the American dairy industry. I think NAFTA has been a catastrophic trade deal for the United States, trading agreement for the United States. (more...)
United raising limit on payments to bumped flyers to $10000
- April 27, 2017
It cites U.S. Department of Transportation data that shows 35 animals died in the course of air transport in 2015. "There was ambiguity (on the maximum cash offer) under our previous policy, which is why we are changing it moving forward", United spokeswoman Maggie Schmerin told AFP. (more...)
- April 27, 2017
It cites U.S. Department of Transportation data that shows 35 animals died in the course of air transport in 2015. "There was ambiguity (on the maximum cash offer) under our previous policy, which is why we are changing it moving forward", United spokeswoman Maggie Schmerin told AFP. (more...)
Trump tax plan leaves Congress, Paul Ryan with 'heavy lift'
- April 27, 2017
Nearing his 100-day mark, US President Donald Trump unveiled a one-page plan that proposes deep tax cuts, a move meant to please multinational corporations and wealthy taxpayers who would benefit from these tax cuts. But sweeping reform that includes some targeted rate hikes would probably be the kind of overhaul to appeal most broadly to American voters - some of whom believe that higher earners enjoy too many entitlements with too little to pay on tax day, and others who simply do not ... (more...)
- April 27, 2017
Nearing his 100-day mark, US President Donald Trump unveiled a one-page plan that proposes deep tax cuts, a move meant to please multinational corporations and wealthy taxpayers who would benefit from these tax cuts. But sweeping reform that includes some targeted rate hikes would probably be the kind of overhaul to appeal most broadly to American voters - some of whom believe that higher earners enjoy too many entitlements with too little to pay on tax day, and others who simply do not ... (more...)
China Launches First Domestically built Aircraft Carrier
- April 27, 2017
Following the launch, the new carrier will undergo equipment debugging, outfitting and mooring trials. "Develop into a crack operational force". Shandong has a bigger hangar to carry more J-15 fighter jets and more space on deck for helicopters and other aircraft, the newspaper noted. (more...)
- April 27, 2017
Following the launch, the new carrier will undergo equipment debugging, outfitting and mooring trials. "Develop into a crack operational force". Shandong has a bigger hangar to carry more J-15 fighter jets and more space on deck for helicopters and other aircraft, the newspaper noted. (more...)
Under Armour's Q1 Beat Sends Stock Sharply Higher
- April 27, 2017
The strength seen in Under Armour's stock is welcome news for shareholders that have seen the company lose more than 50% of its market value over the a year ago. The same period of past year reportedly had earnings per share (EPS) of $0.04 and $1.05 billion in revenue. Hedge funds and other institutional investors have recently modified their holdings of the company. (more...)
- April 27, 2017
The strength seen in Under Armour's stock is welcome news for shareholders that have seen the company lose more than 50% of its market value over the a year ago. The same period of past year reportedly had earnings per share (EPS) of $0.04 and $1.05 billion in revenue. Hedge funds and other institutional investors have recently modified their holdings of the company. (more...)
Caterpillar Inc. (CAT) Upgraded by Zacks Investment Research to "Buy"
- April 27, 2017
Integrated Wealth Management now owns 1,246 shares of the industrial products company's stock worth $111,000 after buying an additional 320 shares during the last quarter. Caterpillar's payout ratio is -2,369.23%. Several other analysts have also weighed in on the company. Caterpillar expects earnings per share of $2.90 and revenues in the range of $36-$39 billion in 2017. (more...)
- April 27, 2017
Integrated Wealth Management now owns 1,246 shares of the industrial products company's stock worth $111,000 after buying an additional 320 shares during the last quarter. Caterpillar's payout ratio is -2,369.23%. Several other analysts have also weighed in on the company. Caterpillar expects earnings per share of $2.90 and revenues in the range of $36-$39 billion in 2017. (more...)
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