Markets


Mnuchin mum as Dems press for answers on tax reform, Dodd-Frank Mnuchin mum as Dems press for answers on tax reform, Dodd-Frank
- May 19, 2017

The U.S. Senate Banking Committee's top Democrat tussled with Treasury Secretary Steven Mnuchin during a hearing on Thursday over the flow of information from his agency, and later asked if President Donald Trump , a Republican, had ordered him to restrain communications with Democrats. (more...)
Ahead Of Possible Comey Hearing, Chaffetz Leaving Congress Early Ahead Of Possible Comey Hearing, Chaffetz Leaving Congress Early
- May 19, 2017

Chaffetz's request comes after The New York Times reported that Trump allegedly asked Comey to shut down the FBI's investigation into former NSA Adviser Michael Flynn, national security adviser to President Trump, who stepped down in February over his phone talks with the Russian ambassador to the United States, Sergey Kislyak. (more...)
Five Guys named America's favourite burger (even better than In-N-Out) Five Guys named America's favourite burger (even better than In-N-Out)
- May 19, 2017

A new poll has seen Five Guys crowned America's favourite burger, beating In-N-Out for the first time. In 2003, the restaurant started franchising and today there are almost 1,500 restaurants worldwide. 10 Steak 'n Shake. "Restaurants continue to adapt to the millennial lifestyle, and advancements in ordering methods such as Starbucks" mobile app and Chick-fil-A's "Mom Valet' are likely influencing millennials' higher brand equity scores", Joan Sinopoli, vice president of brand solutions ... (more...)
White House delays meeting on Paris climate deal
- May 19, 2017

Trump has yet to announce whether he intends keeping a campaign promise to withdraw Washington from the hard-fought agreement in whose birth his predecessor, Barack Obama, and Xi were instrumental. The core of the Paris deal was an agreement between Chinese President Xi Jinping and then U.S. president Barack Obama. President Donald Trump's advisers remain divided over the accord, which won the backing of 195 nations in 2015. (more...)
Brokers Issue New Targets On Pennsylvania Real Estate Investment Trust (NYSE:PEI) Brokers Issue New Targets On Pennsylvania Real Estate Investment Trust (NYSE:PEI)
- May 19, 2017

Dynamic Technology Lab Private Ltd bought a new position in shares of Investors Real Estate Trust during the fourth quarter worth approximately $213,000. A lower P/B ratio could mean that the stock is undervalued. (NYSE:TSS), stock is trading $58.97 above the 52-week high and has displayed a high EPS growth of 8.50% in last 5 years. (more...)
Venezuela supports extension of OPEC, non-OPEC production cut
- May 19, 2017

OPEC members agreed in November to cut 1.2 million barrels a day of oil production, and several non-members, including Russian Federation, agreed in December to contribute a combined 600,000 barrels a day of output reductions. Opec will meet in Vienna on May 25. With a nine-month extension now the minimum expectation for the OPEC meeting, the group has a lot of work to do to persuade its members and some non-OPEC producers to back the move. (more...)
GST Council finalizes tax rates on 80-90% goods, services GST Council finalizes tax rates on 80-90% goods, services
- May 19, 2017

With the cascading impact of multiple central and state level will be gone due to GST , several other daily use items like toothpaste, hair oil, and soap will attract 18 per cent GST against 28 per cent tax now. Currently, some states levy Value Added Tax (VAT) on them. "However, as we have a special constitutional position, we will try and make some changes", Drabu told reporters on the sidelines of the 14th meeting of the GST council at the SKICC in Srinagar . (more...)
HSBC Holdings plc Reiterates Neutral Rating for Morgan Stanley (MS)
- May 19, 2017

Lingohr & Partner Asset Management GmbH purchased a new position in shares of Morgan Stanley during the third quarter valued at about $834,000. Adirondack Trust Co. The company also recently announced a quarterly dividend, which was paid on Monday, May 15th. Stock monthly performance is recorded as 16.09% while its performance in last one week is 1.99%. (more...)
Immigrant arrests soar under Trump, fewer deported Immigrant arrests soar under Trump, fewer deported
- May 19, 2017

Instead, ICE insists it only conducts "targeted enforcement actions", where agents plan raids on certain locations or track down specific individuals. The requests ask police to hold the inmate, usually for 48 hours more than they would normally have been released, to allow them to be taken into federal custody by ICE agents. (more...)
Earnings Analysis Of Yamana Gold, Inc. (AUY)
- May 19, 2017

TD Securities reiterated a "buy" rating and issued a $5.50 target price on shares of Yamana Gold in a report on Thursday, May 4th. Analysts have a mean recommendation of 2.80 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). (more...)
Trump pledges to move quickly to nominate new Federal Bureau of Investigation chief
- May 19, 2017

In the tweet, Trump also warned Comey about leaking to the press: "James Comey better hope that there are no "tapes" of our conversations before he starts leaking to the press!" Some suggested that Comey was sacked because of an investigation into Russian hackers' alleged interference in the United States election, which some Democrats allege contributed to Trump's victory in last year's presidential election. (more...)
Burberry profits drop 21% as Gobbetti prepares to take over Burberry profits drop 21% as Gobbetti prepares to take over
- May 19, 2017

Wavering wholesale demand in the U.S. has hit Burberry's margins as the retailer posts a five per cent dip in reported pre-tax profits to £394.8 million. Its digital shake-up has included the soft-launch of a retail app in the UK. "2017 was a year of transition for Burberry in a fast changing luxury market", said CEO Christopher Bailey . (more...)
United States security agency should take some blame for ransomware attack: Chinese media
- May 18, 2017

WannaCry has so far spread around business networks via a vulnerability in Windows that most home users will have patched, or will not be at risk from anyway. "MNCs, banks, telecom and big IT firms are prepared to deal with such attacks as they have got their cyber policy in place by installing latest updates, anti-virus software and firewall". (more...)
Billion App Installs From Google Play Recorded In 2016 Billion App Installs From Google Play Recorded In 2016
- May 18, 2017

But, we are not sure, if it will be able to find traction among iOS device owners, as Google Assistant can not replace Siri, and it has very limited functionality compared to on Android devices. Apple , in the past, offered a similar service for its iPhoto application on Mac computers, but the company discontinued the feature about a year ago. (more...)
Blancco Technology Group PLC (RGS) Now Covered by Analysts at FinnCap
- May 18, 2017

Realpage Inc now has $2.75B valuation. The stock decreased 3.53% or $2.79 during the last trading session, reaching $76.33. 878500 shares were traded during the session. The company has market cap of 1.26 billion GBP. The Company's geographical segments include the United Kingdom and France. It has a 19.32 P/E ratio. The Company provides personal, commercial and specialty insurance products and services direct-to-customers. (more...)
Philippines Q1 GDP grows 6.4 pct% yoy, slowest in 1-1/2 years Philippines Q1 GDP grows 6.4 pct% yoy, slowest in 1-1/2 years
- May 18, 2017

Taningco said. The Southeast Asian economy, one of the world's fastest growing, expanded 6.4 percent in the first quarter from a year earlier, the slowest pace in 1-1/2 years and below market expectations. The slowdown was mainly because of deceleration in household spending growth. The trade deficit narrowed in the first quarter, owing to a 20.3 percent year-on-year rise in exports. (more...)
Trump's laptop ban on European flights is reportedly 'off the table'
- May 18, 2017

Such a ban would dwarf in size the current one, which was put in place in March and affects about 50 flights a day from 10 cities, mostly in the Middle East. It also said increasing the number of lithium battery-powered devices in the cargo hold could affect safety. A proposed ban wouldn't allow you to bring laptops or other larger electronics on certain flights, you'd have to check them instead. (more...)
Celtics, Lakers, 76ers have plenty riding on the National Basketball Association lottery
- May 18, 2017

I don't know what's happening here. "Back in 2013 it felt like a fair deal for both sides", Grousbeck said . There will no doubt be questions about how Fultz fits on the current Boston roster with Isaiah Thomas , Avery Bradley, Marcus Smart and Terry Rozier all in the backcourt, but that's a problem to figure out down the line. (more...)
Reasons Cheryl Burke Will Be the Best 'Dance Moms' Instructor Reasons Cheryl Burke Will Be the Best 'Dance Moms' Instructor
- May 18, 2017

The girls are so precious and I feel like they're traumatized from what has happened with Abby and it's important for me to still be strict and do what I do and I expect nothing but the best from the girls but it's also important for me to make them feel confident about themselves because they're all handsome, they're all talented", Cheryl shared with Fox News . (more...)
What Are Analysts Suggestions On Rite Aid Corporation (RAD) What Are Analysts Suggestions On Rite Aid Corporation (RAD)
- May 18, 2017

About 137,690 shares traded. Parker-Hannifin Corp (NYSE:PH) has risen 23.45% since October 6, 2016 and is uptrending. Verizon Communications Inc (NYSE:VZ) was raised too. If the acquisition takes place, Walgreens will become the largest retail pharmacy chain in the US, substantially increasing its market penetration and purchasing power. (more...)

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