Markets
GST, a major comprehensive financial reform: CM
- May 20, 2017
Separately, the Goods and Services Tax Network, the company tasked with running the IT infrastructure for GST, has already migrated taxpayer information from State and central tax authorities to its database. "The GST will bring about comprehensive reform of the indirect tax regime of the country". Dar said the business community and the people would fight tooth and nail to oppose GST implementation in the State. (more...)
- May 20, 2017
Separately, the Goods and Services Tax Network, the company tasked with running the IT infrastructure for GST, has already migrated taxpayer information from State and central tax authorities to its database. "The GST will bring about comprehensive reform of the indirect tax regime of the country". Dar said the business community and the people would fight tooth and nail to oppose GST implementation in the State. (more...)
G-7 Finance Chiefs Reassured on U.S. Tax Plans
- May 20, 2017
Economy Minister Pier Carlo Padoan and central bank governor Ignazio Visco both replied negatively when asked at the end of a G7 meeting in Bari, Italy , whether the G7 had any suspicions on who was behind the attack. President Donald Trump's stance on trade. The lack of consensus was reflected in the blandness of the meeting's closing statement, which avoided a precise trade agreement. (more...)
- May 20, 2017
Economy Minister Pier Carlo Padoan and central bank governor Ignazio Visco both replied negatively when asked at the end of a G7 meeting in Bari, Italy , whether the G7 had any suspicions on who was behind the attack. President Donald Trump's stance on trade. The lack of consensus was reflected in the blandness of the meeting's closing statement, which avoided a precise trade agreement. (more...)
UK's May promises voters immigration curbs, fairer society
- May 20, 2017
In other words, Theresa May is committed to trying to achieve what the United Kingdom has already achieved through its European Union membership - an achievement that it is about to throw away. A payment that pensioners now receive for winter fuel bills will in future go only to the poorest. May is often compared to Britain's only other female prime minister, Margaret Thatcher, who transformed the country with pro-market policies that came to be dubbed "Thatcherism". (more...)
- May 20, 2017
In other words, Theresa May is committed to trying to achieve what the United Kingdom has already achieved through its European Union membership - an achievement that it is about to throw away. A payment that pensioners now receive for winter fuel bills will in future go only to the poorest. May is often compared to Britain's only other female prime minister, Margaret Thatcher, who transformed the country with pro-market policies that came to be dubbed "Thatcherism". (more...)
Spirit Realty Capital, Inc. (NYSE:SRC) Under Analyst Spotlight
- May 20, 2017
Here we'll take a quick glance at how the stock price is now trading in relation to some of its simple moving averages . An earnings forecast is an analyst's outlook for a company's future quarterly or annual earnings. The stock witnessed -3.86% declines, -11.7% declines and -16.16% declines for the 1-month, 3-month and 6-month period, respectively. The Return on Equity ratio of Spirit Realty Capital, Inc. (more...)
- May 20, 2017
Here we'll take a quick glance at how the stock price is now trading in relation to some of its simple moving averages . An earnings forecast is an analyst's outlook for a company's future quarterly or annual earnings. The stock witnessed -3.86% declines, -11.7% declines and -16.16% declines for the 1-month, 3-month and 6-month period, respectively. The Return on Equity ratio of Spirit Realty Capital, Inc. (more...)
USA will tighten screws on North Korea, says Haley
- May 20, 2017
The South, which hosts 28,500 USA troops, said earlier Wednesday that it wanted to reopen a channel of dialogue with North Korea as Moon seeks a two-track policy, involving sanctions and dialogue, with its rogue neighbor. He added that North Korea was making "preparations against cruise missiles". South Korean businesses have faced boycotts, especially the retail group Lotte which provided the land on which the missile shield is being constructed. (more...)
- May 20, 2017
The South, which hosts 28,500 USA troops, said earlier Wednesday that it wanted to reopen a channel of dialogue with North Korea as Moon seeks a two-track policy, involving sanctions and dialogue, with its rogue neighbor. He added that North Korea was making "preparations against cruise missiles". South Korean businesses have faced boycotts, especially the retail group Lotte which provided the land on which the missile shield is being constructed. (more...)
Green Machine is back, Deere posts a big 1Q and ups outlook
- May 20, 2017
Outside the US and Canada, net sales increased 14 percent and were particularly strong in South America. Deere & Company (NYSE:DE) early Friday posted much better than expected fiscal second quarter earnings results and boosted its full-year outlook, sending its shares soaring in premarket trading. (more...)
- May 20, 2017
Outside the US and Canada, net sales increased 14 percent and were particularly strong in South America. Deere & Company (NYSE:DE) early Friday posted much better than expected fiscal second quarter earnings results and boosted its full-year outlook, sending its shares soaring in premarket trading. (more...)
Oil prices rise in expectation of Aramco supply cut to Asia
- May 20, 2017
Iraq and Algeria said they were in favor of extending that deal, which cut output by nearly 1.8 million barrels per day (bpd) during the first half of the year. will assist in drawing stocks over Q3 and stabilizing the market", BMI Research said in a note . Prices gained support after WTI broke above the $47.00 p/b level with a peak around $47.60 later in the United States session with sentiment also boosted by the Brent break back above $50.00 p/b. (more...)
- May 20, 2017
Iraq and Algeria said they were in favor of extending that deal, which cut output by nearly 1.8 million barrels per day (bpd) during the first half of the year. will assist in drawing stocks over Q3 and stabilizing the market", BMI Research said in a note . Prices gained support after WTI broke above the $47.00 p/b level with a peak around $47.60 later in the United States session with sentiment also boosted by the Brent break back above $50.00 p/b. (more...)
OPEC crude production rises in April - IEA
- May 19, 2017
The next round of cuts will be on the same terms as the existing deal, Saudi energy minister Khalid al-Falih said at a joint briefing in Beijing with his Russian counterpart Alexander Novak. Supply and demand in the oil market are close to matching up, the IEA said today, but rising U.S. supply could mitigate landmark OPEC-led production cuts. (more...)
- May 19, 2017
The next round of cuts will be on the same terms as the existing deal, Saudi energy minister Khalid al-Falih said at a joint briefing in Beijing with his Russian counterpart Alexander Novak. Supply and demand in the oil market are close to matching up, the IEA said today, but rising U.S. supply could mitigate landmark OPEC-led production cuts. (more...)
Fiat Chrysler seeks diesel emission certification from EPA
- May 19, 2017
FCA - the automaker behind Jeep , Ram and four other USA brands - said today that it filed an application with the EPA and California Air Resources Board for emissions certification on diesel versions of the 2017 Ram 1500 and Grand Cherokee. (more...)
- May 19, 2017
FCA - the automaker behind Jeep , Ram and four other USA brands - said today that it filed an application with the EPA and California Air Resources Board for emissions certification on diesel versions of the 2017 Ram 1500 and Grand Cherokee. (more...)
G-7 Echoes Watered-Down Trade Language as Mnuchin Holds Firm
- May 19, 2017
Asked if the G7 in Bari was likely to discuss climate change, another area in which Trump's approach has caused concern among the United States' partners, the official said the issue was not among the meeting's objectives or priorities. (more...)
- May 19, 2017
Asked if the G7 in Bari was likely to discuss climate change, another area in which Trump's approach has caused concern among the United States' partners, the official said the issue was not among the meeting's objectives or priorities. (more...)
NCTO welcomes Trump's decision to renegotiate NAFTA
- May 19, 2017
It's going to be 90 days before anybody sits down at any negotiating tables to start hashing this thing out. Talks are set to begin on or after August 16. Hayes noted that Louisiana's textile industry lost thousands of jobs following NAFTA, with much of that work moving to lower-cost labor in Mexico. (more...)
- May 19, 2017
It's going to be 90 days before anybody sits down at any negotiating tables to start hashing this thing out. Talks are set to begin on or after August 16. Hayes noted that Louisiana's textile industry lost thousands of jobs following NAFTA, with much of that work moving to lower-cost labor in Mexico. (more...)
Coca Cola HBC AG (CCH) Insider Buys 35 Shares of Stock
- May 19, 2017
The Coca-Cola's quarterly revenue was down 11.3% on a year-over-year basis. Barnett & Company Inc. raised its position in The Coca-Cola by 27.7% in the third quarter. Cornerstone Capital Mgmt Hldgs Lc has 0.38% invested in The Coca-Cola Co (NYSE:KO) for 1.17M shares. If you are reading this story on another site, it was illegally copied and republished in violation of US & worldwide trademark and copyright legislation. (more...)
- May 19, 2017
The Coca-Cola's quarterly revenue was down 11.3% on a year-over-year basis. Barnett & Company Inc. raised its position in The Coca-Cola by 27.7% in the third quarter. Cornerstone Capital Mgmt Hldgs Lc has 0.38% invested in The Coca-Cola Co (NYSE:KO) for 1.17M shares. If you are reading this story on another site, it was illegally copied and republished in violation of US & worldwide trademark and copyright legislation. (more...)
Snapchat parent Snap reports huge loss the day after announcing new features
- May 19, 2017
Its loss in Q1 2016 was just $104 million. " Snapchat's growth is being cannibalized by Instagram Stories in literally every single market in the world", DJ Kang, SVP of Research at consumer research company ValuePenguin said in a recent report. (more...)
- May 19, 2017
Its loss in Q1 2016 was just $104 million. " Snapchat's growth is being cannibalized by Instagram Stories in literally every single market in the world", DJ Kang, SVP of Research at consumer research company ValuePenguin said in a recent report. (more...)
Steinhaus to become Bundesliga's first female referee next season
- May 19, 2017
BUNDESLIGA chiefs have confirmed Bibiana Steinhaus will become the country's first-ever female referee. A 38-year-old police officer will become the first woman to referee a top-flight match in Germany next season after being promoted to the Bundesliga . (more...)
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- May 19, 2017
BUNDESLIGA chiefs have confirmed Bibiana Steinhaus will become the country's first-ever female referee. A 38-year-old police officer will become the first woman to referee a top-flight match in Germany next season after being promoted to the Bundesliga . (more...)
Ross Stores Inc. Earnings Rise 10% In Q1
- May 19, 2017
Several research analysts recently commented on the company. Analyst's mean target price for AMAT is $41.16 while analysts mean recommendation is 1.90. (NASDAQ:ROST) has "Underweight" rating given on Wednesday, May 11 by Piper Jaffray. The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th. (more...)
- May 19, 2017
Several research analysts recently commented on the company. Analyst's mean target price for AMAT is $41.16 while analysts mean recommendation is 1.90. (NASDAQ:ROST) has "Underweight" rating given on Wednesday, May 11 by Piper Jaffray. The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 30th. (more...)
Trump says Russian Federation probe ´divides´ the country
- May 19, 2017
US President Donald Trump, striking a defiant tone on Thursday after days of political tumult, denied asking former FBI Director James Comey to drop a probe into his former national security adviser and decried a "witch hunt" against him. He has served presidents of both political parties and, after taking the director job days before the September 11 attacks, oversaw the FBI's terrorism-fighting efforts over the next decade. (more...)
- May 19, 2017
US President Donald Trump, striking a defiant tone on Thursday after days of political tumult, denied asking former FBI Director James Comey to drop a probe into his former national security adviser and decried a "witch hunt" against him. He has served presidents of both political parties and, after taking the director job days before the September 11 attacks, oversaw the FBI's terrorism-fighting efforts over the next decade. (more...)
Oil futures extend gains as traders price in Opec cuts
- May 19, 2017
On Wednesday, the U.S. Energy Information Administration reported a decline of 1.8 million barrels for the week ending May 12, which was lower than the expected 2.2 million barrels. The cartel is billed to meet in Vienna later this month, to discuss possible extension of output cut. The relatively weaker oil prices, lower investment and cuts in International Oil Companies (IOCs') Capex led to a decline of 0.42 mbpd in non-OPEC output, particularly the USA oil production, which was ... (more...)
- May 19, 2017
On Wednesday, the U.S. Energy Information Administration reported a decline of 1.8 million barrels for the week ending May 12, which was lower than the expected 2.2 million barrels. The cartel is billed to meet in Vienna later this month, to discuss possible extension of output cut. The relatively weaker oil prices, lower investment and cuts in International Oil Companies (IOCs') Capex led to a decline of 0.42 mbpd in non-OPEC output, particularly the USA oil production, which was ... (more...)
Ford to cut 10% of global workforce
- May 19, 2017
Citing a person briefed on the matter, Reuters says Ford will offer "generous" early retirement incentives in an effort to reduce the automaker's salaried ranks by October 1. While Shanks said the rest of the year would remain flat against the previous fiscal, changed market dynamics with the U.S. auto sales taking a turn from a record-growth phase could bring the company's North America margins further down further after a significant drop in the most recent quarter. (more...)
- May 19, 2017
Citing a person briefed on the matter, Reuters says Ford will offer "generous" early retirement incentives in an effort to reduce the automaker's salaried ranks by October 1. While Shanks said the rest of the year would remain flat against the previous fiscal, changed market dynamics with the U.S. auto sales taking a turn from a record-growth phase could bring the company's North America margins further down further after a significant drop in the most recent quarter. (more...)
Juniper Networks, Inc. (JNPR) Shares Sold by Shell Asset Management Co
- May 19, 2017
Finally, Cowen and Company reaffirmed a "market perform" rating and set a $30.00 price target on shares of Juniper Networks in a research report on Saturday, March 11th. This represents a $0.40 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date is Tuesday, May 30th. Ngam Advsr Lp stated it has 0% in Juniper Networks, Inc . (more...)
- May 19, 2017
Finally, Cowen and Company reaffirmed a "market perform" rating and set a $30.00 price target on shares of Juniper Networks in a research report on Saturday, March 11th. This represents a $0.40 dividend on an annualized basis and a yield of 1.31%. The ex-dividend date is Tuesday, May 30th. Ngam Advsr Lp stated it has 0% in Juniper Networks, Inc . (more...)
Boosted by Support for OPEC Extensions
- May 19, 2017
Russian Federation reduced its oil output by 300,000 barrels per day, as stipulated in the Vienna deal signed between OPEC and non-OPEC countries, Russia's Energy Minister Alexander Novak said on May 18. According to OPEC's latest Monthly Oil Market Report for May, Nigeria's output was put at 1.484 million bpd for April, from 1.21 million bpd in March, which was based on direct communication. (more...)
- May 19, 2017
Russian Federation reduced its oil output by 300,000 barrels per day, as stipulated in the Vienna deal signed between OPEC and non-OPEC countries, Russia's Energy Minister Alexander Novak said on May 18. According to OPEC's latest Monthly Oil Market Report for May, Nigeria's output was put at 1.484 million bpd for April, from 1.21 million bpd in March, which was based on direct communication. (more...)
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Oil prices reach highest in almost a year as producers restrain output