Markets


Mason Hill Advisors buys $1206599 stake in Cabot Oil & Gas Corporation (COG) Mason Hill Advisors buys $1206599 stake in Cabot Oil & Gas Corporation (COG)
- September 01, 2016

The company's revenue was down -19.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.03 EPS. Devon invested the money into oil sands projects in Canada to avoid paying a US tax bill that would have exceeded $1 billion, company officials said. (more...)
2/3rds of Contractors Experience Skilled Labor Shortage 2/3rds of Contractors Experience Skilled Labor Shortage
- September 01, 2016

The problem is almost as bad in the South, where 74 percent of contractors say they are suffering severe labor shortages, and in the West, where 71 percent are experiencing similar problems. These are the types of companies that the government would be relying on if it were to undertake a new round of infrastructure stimulus spending. Or contractors who are anxious about short-staffing might not bid on a job, reducing competition and driving up costs. (more...)
John McDonnell accuses Labour committee of 'rigged purge' of members
- September 01, 2016

Bfawu bakers' union general secretary Ronnie Draper has spoken out after he was suspended from the Labour Party yesterday, Thursday. In an extraordinary outburst against his own party John McDonnell, who chairs Mr Corbyn's leadership campaign, vowed to write to the General Secretary to complain about members who have been suspended. (more...)
Explosions as Turkey clears mines from Syrian border Explosions as Turkey clears mines from Syrian border
- September 01, 2016

Last week, Turkey sent its troops and warplanes to back Syrian rebels in their advance on Jarablus, a town near the Turkish border and the next IS-stronghold after Manbij. On Wednesday, Turkish presidential spokesman, Ibrahim Kalin, said his country would keep attacking the Syrian Kurdish forces unless they fully withdrew to the east of the Euphrates River. (more...)
Lew says Apple's tax fight could spur congressional action
- September 01, 2016

The offices of Ireland's ruling government party, Fine Gael, were littered with apples Wednesday, as members of Sinn Fein's youth wing staged a vibrant protest against Apple's recent tax furor. Having said that, if you have the choice of making an investment decision, putting down an R&D facility in Asia or the United States, or Europe, you might choose to do it somewhere else other than the European Union from now on". (more...)
Petitions demanding drop in price of EpiPen delivered to Mylan's offices Petitions demanding drop in price of EpiPen delivered to Mylan's offices
- September 01, 2016

They also asked how many EpiPens Mylan provided to low income, uninsured consumers and how many schools purchased EpiPens versus how many received them for free. "In turn, those costs are eventually passed on to consumers in the form of higher premiums", the senators wrote. The price of the pens have increased five-fold since 2007, to the current price of $633 for a two pack. (more...)
Apple iPhone 8 Is Getting A Major Overhaul Which Will Amaze You
- September 01, 2016

Apple is expected to launch its iPhone 7 on September 7, and invitations were sent out yesterday morning with Apple saying, " See you on the 7 ". Apple is expected to unveil the iPhone 7 at its media event exactly one week from Wednesday, but that isn't shutting down the rumor mill just yet. (more...)
Dividend Alert Of Campbell Soup Company (NYSE:CPB) Dividend Alert Of Campbell Soup Company (NYSE:CPB)
- September 01, 2016

In the duration of 12 months Campbell Soup Company's share price has increased by 31.5% to 61.04 from 46.42. The firm has a 50-day moving average price of $62.67 and a 200 day moving average price of $62.64. Jefferies Group LLC raised its stake in Campbell Soup by 72.6% in the fourth quarter. This was equal to dividend of $0.312 per share paid 5 years ago, which translates to 1.7377% growth within the same period. (more...)
Kevin Durant: Olympics experience 'therapy for me' Kevin Durant: Olympics experience 'therapy for me'
- September 01, 2016

Kevin Durant led the way for Team USA, scoring 30 points and hit five treys. In addition to the gold medal, Krzyzewski's last game as National Team head coach resulted in the team's 76th consecutive win, a National Team record. If he does play, he could tie Carmelo Anthony , who won his third gold this summer, becoming the first to achieve this feat. And why not, he's on a successful team, surrounded by talented players, something that he cannot say when he goes back to Sacramento next ... (more...)
British Airways Resumes Flights To Tehran After Sanctions Lifted British Airways Resumes Flights To Tehran After Sanctions Lifted
- September 01, 2016

Some sanctions against Iran were lifted earlier this year as part of the nuclear deal between Iran and world powers. The then British foreign secretary Philip Hammond said at the time that British firms should take advantage of the opportunities that would open up. (more...)
North Korea executes official for slouching
- September 01, 2016

Kim Yong Chol, the head of North Korea's United Front Department, which handles inter-Korean relations, underwent "revolutionary measures", for his overbearing demeanor, Jeong told reporters. "He incurred the wrath of Kim after he dozed off during a meeting presided over by Kim". A government official here said Kim Yong-chol, who is believed to be behind the sinking of the South Korean Navy corvette Cheonan in 2010, was punished for his "poor track record" in dealing with South Korea. (more...)
Apple must pay up to $14.5B in back taxes to Ireland Apple must pay up to $14.5B in back taxes to Ireland
- September 01, 2016

It was a record crackdown that risks straining tensions with the US. "They do such incredible work for Apple and we're moving forward with the planned investments", he said. The commission's investigation found that Ireland had "artificially reduced Apple's tax burden for over two decades", she said. In Paris, French Finance Minister Michel Sapin backed Vestager's view that Apple's Irish tax arrangements amounted to abnormal state aid. (more...)
Obama creating world's largest protected area off Hawaii coast Obama creating world's largest protected area off Hawaii coast
- September 01, 2016

The new monument quadruples the size of an existing monument established in the area by President George W Bush in 2006, expanding it to the far western boundary of USA territorial waters. Altogether, President Obama has protected hundreds of millions of acres of public lands and waters - more than any other President - and has preserved sites that help tell the story of significant people and extraordinary events in American history. (more...)
Israel Approves Plans for New Homes in West Bank Settlements Israel Approves Plans for New Homes in West Bank Settlements
- September 01, 2016

Israel on Wednesday approved the construction of hundreds of new housing units in Jewish settlements in the West Bank, according to Peace Now, an Israeli organization that monitors settlement building. Israeli army soldiers stand guard as an excavator demolishes Palestinians' allegedly unlicensed houses in the Umm al-Khair district of Hebron, West Bank on August 24, 2016. (more...)
Poll Shows Clinton With Small Lead In Wisconsin
- September 01, 2016

A "huge percentage" of electorate does not support Trump, Clinton, Libertarian Gary Johnson, or Green Party candidate Jill Stein, according to pollster Charles Franklin. That year, President Barack Obama defeated Mitt Romney, 53% to 46%. Monmouth's survey included 404 likely Wisconsin voters. The margin of error for the poll is +/-4.5 percentage points. (more...)
Apple Irish tax ruling 'maddening', says Tim Cook Apple Irish tax ruling 'maddening', says Tim Cook
- September 01, 2016

Competition commissioner Margrethe Vestager imposed the sanction on Apple earlier this week in a case that has riled both USA and Irish authorities. However, Cook insisted that Apple and Ireland had "played by the rules" and would win the case on appeal. By contrast, Cook estimated Apple's average annual tax on its global profits at 26 percent. (more...)
Apple CEO Tim Cook says European Union tax ruling 'total political crap'
- September 01, 2016

Apple would fight closely with Ireland to overturn the ruling - by far the largest anti-competition measure imposed on a company by the European Union - which he said had "no basis in law or in fact". The commission's ruling, on the other hand, covers 10 years under the bloc's state-aid rules. "This claim has no basis in fact or in law", he said. Apple employs 5,500 people in the Republic of Ireland and has plans to expand its major European hub on the outskirts of Cork, adding an additional ... (more...)
Tropical storm bears down on Florida while Hawaii braces for hurricanes
- September 01, 2016

The watch means tropical storm conditions are possible within 48 hours from south of Darien, Georgia, to St. Augustine, Florida. An area to the west of Indian pass on the Panhandle is under a tropical storm watch. Tens of thousands of Floridians could come face-to-face with their first hurricane ever Thursday if the state's remarkable dry streak comes to an end. (more...)
Storm should hit north Florida, but Lake, Sumter to get rain
- September 01, 2016

Tropical Storm Hermine is beginning to make its move as Hurricane Gaston and Tropical Depression Eight continue to churn over the western Atlantic Ocean, the National Weather Service says. Go to the WSFA First Alert Severe Weather page for more detailed list of watches and warnings in your area. It looks less likely that it will strengthen any so it may never become a tropical storm. (more...)
European Commission's ruling on Apple unfair: White House
- September 01, 2016

Tim Cook posted on Apple website: "We never asked for, nor did we receive, any special deals". How does such a "sweetheart deal" work? The EC, it seems, took note of that hearing, and within a matter of weeks was inquiring about Ireland's practice of issuing tax rulings. (more...)

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