Markets
Orders for U.S. durable goods edge past forecasts in April
- April 28, 2017
Transportation orders were boosted, in part, by a 26.1% jump in orders for defence aircraft and parts. The drop in ex-transportation orders came as a surprise to economists, who had expected a 0.4% increase during the month. Nevertheless, nondefense capital goods orders are running at a 6.0 percent three-month average annualized pace, compared to contracting as recently as this past summer. (more...)
- April 28, 2017
Transportation orders were boosted, in part, by a 26.1% jump in orders for defence aircraft and parts. The drop in ex-transportation orders came as a surprise to economists, who had expected a 0.4% increase during the month. Nevertheless, nondefense capital goods orders are running at a 6.0 percent three-month average annualized pace, compared to contracting as recently as this past summer. (more...)
Trump says he won't pull U.S. out of NAFTA
- April 28, 2017
The sudden tariff is expected to cost jobs in Canada's softwood lumber industry , which relies heavily on sales to the U.S. The two leaders met at the White House earlier this year. "I think if we're going to try to get things done". According to the Canadian Press, disputes over lumber pricing between the two countries typically come up once every 10 years and usually result in negotiated settlements. (more...)
- April 28, 2017
The sudden tariff is expected to cost jobs in Canada's softwood lumber industry , which relies heavily on sales to the U.S. The two leaders met at the White House earlier this year. "I think if we're going to try to get things done". According to the Canadian Press, disputes over lumber pricing between the two countries typically come up once every 10 years and usually result in negotiated settlements. (more...)
Trump's tax plan could be painful for Capital Region residents
- April 28, 2017
Almost 75 percent of pass-through income flows to the 10 percent wealthiest taxpayers, according to the liberal Center on Budget and Policy Priorities. The current rate is 28% for income that qualifies, and it hits individuals who otherwise would benefit from a sharply lower effective tax rate because of deductions. (more...)
- April 28, 2017
Almost 75 percent of pass-through income flows to the 10 percent wealthiest taxpayers, according to the liberal Center on Budget and Policy Priorities. The current rate is 28% for income that qualifies, and it hits individuals who otherwise would benefit from a sharply lower effective tax rate because of deductions. (more...)
Trump administration releases tax plan
- April 28, 2017
But the true effect of this tax cut will depend on how the Trump administration defines a small business owner. The president has released plenty of information and I think has given more financial disclosure than anybody else. Lower taxes in the U.S. could make the situation even worse, putting pressure on the central government to be more serious about tax cuts and friendlier to investors. (more...)
- April 28, 2017
But the true effect of this tax cut will depend on how the Trump administration defines a small business owner. The president has released plenty of information and I think has given more financial disclosure than anybody else. Lower taxes in the U.S. could make the situation even worse, putting pressure on the central government to be more serious about tax cuts and friendlier to investors. (more...)
Trump move with $1.2 trillion in trade could be risky — NAFTA
- April 28, 2017
The office of Canadian Prime Minister Justin Trudeau also said it would continue it looked forward to continuing its dialogue with the USA and reinforced the importance of stability and job growth in trade relations. Even before NAFTA and its predecessor deal took effect, the United States had lower trade barriers than either Canada or Mexico , with tariffs on imported goods averaging just 4 or 5 percent. (more...)
- April 28, 2017
The office of Canadian Prime Minister Justin Trudeau also said it would continue it looked forward to continuing its dialogue with the USA and reinforced the importance of stability and job growth in trade relations. Even before NAFTA and its predecessor deal took effect, the United States had lower trade barriers than either Canada or Mexico , with tariffs on imported goods averaging just 4 or 5 percent. (more...)
ETFs to Buy If You Love Amazon's First-Quarter Earnings
- April 28, 2017
Sebastian has a 36.9% average return when recommending AMZN, and is ranked #19 out of 4571 analysts. Amazon .com, Inc. (NASDAQ: AMZN ) had its price target increased by Instinet from $925.00 to $975.00 in a research note released on Monday. (more...)
- April 28, 2017
Sebastian has a 36.9% average return when recommending AMZN, and is ranked #19 out of 4571 analysts. Amazon .com, Inc. (NASDAQ: AMZN ) had its price target increased by Instinet from $925.00 to $975.00 in a research note released on Monday. (more...)
Rural Utah Reacts To Trump Order
- April 28, 2017
Approximately 342,000 acres are in the Angeles National Forest and 4,000 acres in the San Bernardino National Forest. It is managed by two federal agencies, the U.S. The Antiquities Act does not explicitly say whether a president can nullify a monument proclamation. The executive order is unprecedented. Almost 500,000 acres in five southern New Mexico mountain ranges are included in the Organ Mountains-Desert Peaks National Monument. (more...)
- April 28, 2017
Approximately 342,000 acres are in the Angeles National Forest and 4,000 acres in the San Bernardino National Forest. It is managed by two federal agencies, the U.S. The Antiquities Act does not explicitly say whether a president can nullify a monument proclamation. The executive order is unprecedented. Almost 500,000 acres in five southern New Mexico mountain ranges are included in the Organ Mountains-Desert Peaks National Monument. (more...)
FCC Chairman Pai Announces Plan to Roll Back Net Neutrality Rules
- April 28, 2017
The process Pai outlined is in contrast to the procedures typically followed by Wheeler who was known for handling much of the FCC's business in secret and only making the decisions public after the commission had voted on them. "Do we want the government to control the Internet?" Today's announcement is in stark contrast to a landmark net neutrality policy that was approved by the Chairman's predecessor to ensure that the internet remains open to all and that all online content is always ... (more...)
- April 28, 2017
The process Pai outlined is in contrast to the procedures typically followed by Wheeler who was known for handling much of the FCC's business in secret and only making the decisions public after the commission had voted on them. "Do we want the government to control the Internet?" Today's announcement is in stark contrast to a landmark net neutrality policy that was approved by the Chairman's predecessor to ensure that the internet remains open to all and that all online content is always ... (more...)
Trump Says US Won't Leave NAFTA For Now
- April 28, 2017
The relationship is very special. "It is an honor to deal with both President Peña Nieto and Prime Minister Trudeau, and I believe that the end result will make all three countries stronger and better", the White House statement says. This is not a wise move as the Trump bravado was exclusively to jump-start free trade negotiations, which it has, not start a trade war, as Clark's proposal if implemented, would surely do. (more...)
- April 28, 2017
The relationship is very special. "It is an honor to deal with both President Peña Nieto and Prime Minister Trudeau, and I believe that the end result will make all three countries stronger and better", the White House statement says. This is not a wise move as the Trump bravado was exclusively to jump-start free trade negotiations, which it has, not start a trade war, as Clark's proposal if implemented, would surely do. (more...)
European Central Bank keeps benchmark interest rate unchanged
- April 28, 2017
The bank's interventions are created to encourage banks to lend to the real economy, powering growth and pushing inflation towards its target of just below 2.0 percent. "There's clearly not enough consensus on the Governing Council". The 60 billion euros ($65 billion) per month in bond purchases push newly printed money into the economy in an effort to boost inflation. (more...)
- April 28, 2017
The bank's interventions are created to encourage banks to lend to the real economy, powering growth and pushing inflation towards its target of just below 2.0 percent. "There's clearly not enough consensus on the Governing Council". The 60 billion euros ($65 billion) per month in bond purchases push newly printed money into the economy in an effort to boost inflation. (more...)
Shares Seesawing on Volume: Medical Properties Trust Inc (MPW)
- April 28, 2017
When available, copies of the final prospectus supplement and the prospectus relating to the offering may be obtained from Goldman, Sachs & Co., Attn: Prospectus Department, 200 West Street, New York, NY 10282, telephone: (866) 471-2526, email: prospectus-ny@ny.email.gs.com, from BofA Merrill Lynch, Attention: Prospectus Department, 200 North College Street, 3 Floor, NC1-004-03-43, Charlotte, NC 28255-0001 or by email at dg.prospectus_requests@baml.com, or from KeyBanc Capital Markets Inc., ... (more...)
- April 28, 2017
When available, copies of the final prospectus supplement and the prospectus relating to the offering may be obtained from Goldman, Sachs & Co., Attn: Prospectus Department, 200 West Street, New York, NY 10282, telephone: (866) 471-2526, email: prospectus-ny@ny.email.gs.com, from BofA Merrill Lynch, Attention: Prospectus Department, 200 North College Street, 3 Floor, NC1-004-03-43, Charlotte, NC 28255-0001 or by email at dg.prospectus_requests@baml.com, or from KeyBanc Capital Markets Inc., ... (more...)
Samsung's profit jumps 46 percent thanks to semiconductor
- April 28, 2017
The world's No 2 television maker behind Samsung Electronics Co Ltd said its January-March profit was 922 billion won (RM3.5 billion), up 82 per cent from a year ago and in line with its estimate earlier in April. Despite the Galaxy Note 7 saga and the arrest of its defacto head on bribery charges, Samsung's business has bounced back. It also announced a share buyback worth 2.3 trillion won ($2.03 billion). (more...)
- April 28, 2017
The world's No 2 television maker behind Samsung Electronics Co Ltd said its January-March profit was 922 billion won (RM3.5 billion), up 82 per cent from a year ago and in line with its estimate earlier in April. Despite the Galaxy Note 7 saga and the arrest of its defacto head on bribery charges, Samsung's business has bounced back. It also announced a share buyback worth 2.3 trillion won ($2.03 billion). (more...)
Price Target Analysis Nokia Corporation (NOK)
- April 28, 2017
Based on an average daily volume of 10,205,105 shares, the days-to-cover ratio is now 3.3 days. Natixis upgraded Nokia Oyj from a "neutral" rating to a "buy" rating in a research report on Friday, January 13th. The company has grown 21.52% in past 3 months and in the last five trades has moved up 5.89%. The fund owned 99,137 shares of the technology company's stock after buying an additional 29,076 shares during the period. (more...)
- April 28, 2017
Based on an average daily volume of 10,205,105 shares, the days-to-cover ratio is now 3.3 days. Natixis upgraded Nokia Oyj from a "neutral" rating to a "buy" rating in a research report on Friday, January 13th. The company has grown 21.52% in past 3 months and in the last five trades has moved up 5.89%. The fund owned 99,137 shares of the technology company's stock after buying an additional 29,076 shares during the period. (more...)
Brewers continue their dominance over the Reds (AUDIO)
- April 28, 2017
Anyhow, Thames hit his 11th home run of 2017 on Tuesday, and after doing so he was subjected to his second random drug test of the still-young season. He also hit 37 home runs and brought in 121 runs. If he keeps this pace up, Thames is projected to hit 77 home runs this season, which would be an Major League Baseball record. (more...)
- April 28, 2017
Anyhow, Thames hit his 11th home run of 2017 on Tuesday, and after doing so he was subjected to his second random drug test of the still-young season. He also hit 37 home runs and brought in 121 runs. If he keeps this pace up, Thames is projected to hit 77 home runs this season, which would be an Major League Baseball record. (more...)
Dubai is going to be a launchpad for Uber's flying cars
- April 28, 2017
If it is the future, then this would cut down a commuter's journey dramatically. While it may sound more like science fiction than reality, the company is targeting the 2020 World Expo in Dubai to launch the first Uber Elevate Network demonstration. (more...)
- April 28, 2017
If it is the future, then this would cut down a commuter's journey dramatically. While it may sound more like science fiction than reality, the company is targeting the 2020 World Expo in Dubai to launch the first Uber Elevate Network demonstration. (more...)
MN Dairies to Keep WI Buyer After All
- April 28, 2017
We also hope Schumer, Cuomo and Trump make sure to protect an even bigger trade partner for local dairy farmers. The Wisconsin Housing and Economic Development Authority is offering dairy farmers and processors better terms on loan guarantees from now until August. (more...)
- April 28, 2017
We also hope Schumer, Cuomo and Trump make sure to protect an even bigger trade partner for local dairy farmers. The Wisconsin Housing and Economic Development Authority is offering dairy farmers and processors better terms on loan guarantees from now until August. (more...)
Long term Growth Analysis of International Business Machines Corporation (NYSE:IBM)
- April 28, 2017
It also reduced Plains Gp Hldgs Lp Npv A (NYSE:PAGP) stake by 14,885 shares and now owns 7,254 shares. International Business Machines had 68 analyst reports since July 21, 2015 according to SRatingsIntel. COPYRIGHT VIOLATION WARNING: "Advantage Investment Management LLC Takes Position in International Business Machines Corp ". The original version of this news story can be accessed at [[permalink]]. (more...)
- April 28, 2017
It also reduced Plains Gp Hldgs Lp Npv A (NYSE:PAGP) stake by 14,885 shares and now owns 7,254 shares. International Business Machines had 68 analyst reports since July 21, 2015 according to SRatingsIntel. COPYRIGHT VIOLATION WARNING: "Advantage Investment Management LLC Takes Position in International Business Machines Corp ". The original version of this news story can be accessed at [[permalink]]. (more...)
Google (Alphabet) beats forecasts, revenue climbs 22%
- April 28, 2017
Google ad revenues rose to $21.4 billion, while other Google revenues rose to $3.1 billion. Net income for the quarter totaled $5.43 billion, up 29% year over year. Google's advertising business accounted for nearly all of sales, with the company appearing to brush off a recent advertiser boycott of YouTube amid concerns about commercials appearing next to terrorist and offensive videos. (more...)
- April 28, 2017
Google ad revenues rose to $21.4 billion, while other Google revenues rose to $3.1 billion. Net income for the quarter totaled $5.43 billion, up 29% year over year. Google's advertising business accounted for nearly all of sales, with the company appearing to brush off a recent advertiser boycott of YouTube amid concerns about commercials appearing next to terrorist and offensive videos. (more...)
BUSINESS REPORT: Could the Trump corporate tax cut be bad for Canada?
- April 28, 2017
Seven tax brackets will be reduced to three under Trump's proposed plan. It would eliminate the estate tax and reduce taxes on investments, typically paid by the rich. "Getting tax rates down for American companies, big and small, will create new jobs and make the United States a more inviting place to do business", the GOP leaders said . (more...)
- April 28, 2017
Seven tax brackets will be reduced to three under Trump's proposed plan. It would eliminate the estate tax and reduce taxes on investments, typically paid by the rich. "Getting tax rates down for American companies, big and small, will create new jobs and make the United States a more inviting place to do business", the GOP leaders said . (more...)
Price Target Estimates for Xerox Corporation (XRX)
- April 28, 2017
The Return on Investment (ROI) is at 6.3% while it's Return on Equity (ROE) value stands at -6.2%. 5 number of analysts have estimated the sales of the company for the quarter ending April 25, 2017, analysts estimated mean sale target of 2502.71 million while high and low sale targets are estimated at 2546 million and 2455.39 million respectively. (more...)
- April 28, 2017
The Return on Investment (ROI) is at 6.3% while it's Return on Equity (ROE) value stands at -6.2%. 5 number of analysts have estimated the sales of the company for the quarter ending April 25, 2017, analysts estimated mean sale target of 2502.71 million while high and low sale targets are estimated at 2546 million and 2455.39 million respectively. (more...)
Latest news
'Pharma bro' Martin Shkreli's trial starts today in Brooklyn, NY