Banks tipped off to new tax: Hinch calls for investigation

The story Bank tax sets awful precedent: Westpac chairman Maxsted first appeared on The Sydney Morning Herald . Treasurer Scott Morrison insists the levy is fairly standard in many countries world wide. "We are not sending lawyers around the count... More..

by | Published more than a month ago
by | Saturday, May 13, 2017

Snapchat CEO burns Facebook on earnings call

At that level, they're hovering just above their IPO price of $17. Daily users increased to 166 million, compared with 122 million from the same period last year, a 36 percent jump and its slowest year-over-y...More..

by | Saturday, May 13, 2017

Big banks fume over hefty new Australia levy

Yet Mr Maxsted responded that several United Kingdom banks needed to be rescued with direct funding injections from taxpayers during the global financial crisis. "Contrary to the government's claim that the tax...More..

by | Saturday, May 13, 2017

American Century Companies Inc. Cuts Position in Vornado Realty Trust (VNO)

Vornado Rlty Tr now has $17.53B valuation. About 184,650 shares traded. FB Financial Corp (NYSE:FBK) has risen 72.17% since October 5, 2016 and is uptrending. On Monday, November 28 Thomas John T bought $7,285 ...More..

Trump's China trade deal won't wipe out the deficit
by | Saturday, May 13, 2017

Trump's China trade deal won't wipe out the deficit

In the deal, China agreed to lift its ban on US beef imports and shipments of liquefied natural gas. The agreement reached on Thursday would also allow China to export cooked poultry to the U.S. Donald Trump ...More..

by | Saturday, May 13, 2017

Kate Spade's stock soars after $2.4 billion Coach buyout deal

The US$18.50-a-share transaction represents a premium to Kate Spade's price when deal speculation first surfaced in December a year ago, but it is well below the amount investors were betting on in more recen...More..

by | Saturday, May 13, 2017

White House Postpones Meeting to Decide on Participation in Paris Climate Pact

The Paris climate agreement may be better without the United States given the president's skepticism on the issue, worldwide experts said. Scott Pruitt, head of the Environmental Protection Agency, and White ...More..

by | Saturday, May 13, 2017

EU demands urgent talks with Washington over airline laptop ban

The injunction was issued after U.S. intelligence officials allegedly discovered terrorist organisations, namely Islamic State, were developing a bomb that could be hidden in portable electronic devices . But ...More..

by | Saturday, May 13, 2017

EU, US to discuss possible airline laptop ban

Some airline officials say they would need to hire more staff to impose additional curbs, and are anxious about how much advance notice they would have. Airline executives met with officials from the Department...More..

by | Saturday, May 13, 2017

WRAPUP 3-U.S. factory activity slows; inflation pressures subside

The chart below illustrates gold price movement in the wake of a disappointing USA data and as investors closely watched the Federal Reserve's policy statement due later this week. The Fed's decision has prom...More..

by | Saturday, May 13, 2017

What C919 means to China jet industry and domestic airlines

After about 90 minutes in the air the plane landed safely back at Pudong airport in Shanghai. The plane took off at 2:00 pm (0600 GMT) and was expected to fly for an hour and a half. So far, Comac has receive...More..

Trade deal feeds China taste for beef, won't close deficit
by | Saturday, May 13, 2017

Trade deal feeds China taste for beef, won't close deficit

But he said there's no specific date on when it may happen, and it would be dependent on China complying with USA standards. Chinese Vice Foreign Minister Zhu Guangyao, speaking at a press conference in Beiji...More..

by | Saturday, May 13, 2017

Apple CEO Cook Discloses $1 Billion Advanced Manufacturing Fund

Apple, one of the world's most valued companies, sold 50.76 million iPhones globally in the first quarter of the calendar year, down from 51.19 million it sold during the same period of the previous year. Cook ...More..

by | Saturday, May 13, 2017

Liberum Capital Gives Unite Group PLC Price Target With Potential 11.71% Upside

In analysts note sent to investors on 11 May, Peel Hunt reaffirmed their "Buy" rating on shares of STV Group PLC (LON:STVG). They now have a GBX 240.00 target on company. Cornerstone Cap Mngmt Holdings Limited ...More..

by | Saturday, May 13, 2017

Hamas picks new Gaza leader amid bid for more influence

Ismail Haniya, named Saturday as head of Hamas, is a charismatic leader from the Gaza streets who represents the more pragmatic wing of the Islamist movement. Israel's Prime Minister Benjamin Netanyahu has ou...More..

Moller-Maersk profit up as oil unit improves, shipping lags
by | Saturday, May 13, 2017

Moller-Maersk profit up as oil unit improves, shipping lags

Revenues at Maersk increase by 5 per cent to $9bn in the first quarter compared with a year earlier, their first rise since the third quarter of 2014. "Macroeconomically, we are actually very pleased to see how...More..

Anthem gives up Cigna bid, vows to fight over damages
by | Saturday, May 13, 2017

Anthem gives up Cigna bid, vows to fight over damages

But Laster's action lets Cigna off that hook, likely marking the end of the troubled merger. "I recognize that this ruling will permit Cigna to terminate the merger and effectively end Anthem's path to ...More..

Wells Fargo Just Demonstrated Why US Bancorp Is the Nation's Top Bank
by | Saturday, May 13, 2017

Wells Fargo Just Demonstrated Why US Bancorp Is the Nation's Top Bank

WARNING: " Wells Fargo & Co (WFC) Shares Sold by Perkins Coie Trust Co" was first posted by The Cerbat Gem and is owned by of The Cerbat Gem. The stock had a trading volume of 11,322,422 shares. The shares wer...More..

by | Saturday, May 13, 2017

Microsoft unveils their Surface laptop

While many, us included, scoffed at the price-tag, it's a whole lot worse for punters in the UK. Should Microsoft be promoting the Surface Laptop as a student device, or going directly after Apple and MacBo...More..

Sprint's Owner Wants a T-Mobile Merger, Is Open to Other Offers
by | Saturday, May 13, 2017

Sprint's Owner Wants a T-Mobile Merger, Is Open to Other Offers

The shares of the USA wireless carriers surged Wednesday, as investors bet a deal may finally happen under the Trump administration's looser regulatory climate. "We're basically open to anything". While saying ...More..

by | Saturday, May 13, 2017

Time To Rake In Healthy Returns From ACADIA Pharmaceuticals Inc. (ACAD)

ACAD has been the subject of a number of other research reports. ACADIA Pharmaceuticals Inc. (ACAD ) has a market capitalization of 3.55 Billion which suggests the company is a huge company further suggest...More..

Fragile Calm In Saharanpur, 2 Cops Suspended, 30 Arrested For Violence
by | Saturday, May 13, 2017

Fragile Calm In Saharanpur, 2 Cops Suspended, 30 Arrested For Violence

Police acted against the people gathered for the "mahapanchayat" which led to tension and a stampede-like situation. In the ensuing violence, several commuters were manhandled and their vehicles set on fire. ...More..

Trump 'screaming at TV over Russian investigation'
by | Saturday, May 13, 2017

Trump 'screaming at TV over Russian investigation'

The Russians used the photos to troll the White House in its social media posts Wednesday. The State Department did post photos of Lavrov's meeting with Secretary of State Rex Tillerson, but that was open to th...More..

by | Saturday, May 13, 2017

China's missile tests in Bohai 'aimed at THAAD in South Korea'

The report added that Beijing opposes the system, known by its acronym, THAAD, because its radars are allegedly capable of peering deep into China, allowing the US and its allies to better detect rocket launche...More..

US retail sales rebounded in April after sluggish winter
by | Saturday, May 13, 2017

US retail sales rebounded in April after sluggish winter

Commerce reported a 0.4 percent increase from March to April at $474.9 million and a 4.5 percent gain over April 2016. Data issued today by the United States Department of Commerce and the National Retail Fed...More..

Telsa to sell solar roof tiles worldwide
by | Saturday, May 13, 2017

Telsa to sell solar roof tiles worldwide

Tesla glass solar roof tiles are up for pre-order today. You can't tell from street level. Tesla's long-term goal is to offer solar panels to its customers. It also varies depending on how many solar and...More..

by | Saturday, May 13, 2017

United States Steel's (X) "Buy" Rating Reiterated at Morgan Stanley

Several other research analysts have also recently weighed in on X. AK Steel Holding Corporation (AKS ) now trades with a market capitalization of $1.94 Billion. 02/27/2017 - United States Steel Corporation ha...More..

Boeing 737 MAX resumes some flights
by | Saturday, May 13, 2017

Boeing 737 MAX resumes some flights

About 30 affected engines are being shipped to locations in the US and France to be torn down and inspected in the coming days, said Rick Kennedy, a spokesman for GE Aviation. Southwest Airlines Co, the initial...More..

by | Saturday, May 13, 2017

China's 1st large homemade passenger jet taking to the skies

But plane-makers everywhere will know that if the C919 proves a worthy rival, it will win orders because demand for this class of plane is high. People take photos in front of the Chinese C919 passenger jet a...More..

YES Bank reports gross NPA divergence at Rs 4177 crore
by | Saturday, May 13, 2017

YES Bank reports gross NPA divergence at Rs 4177 crore

It can be recalled that divergences observed by the RBI was an important factor in the bank's GNPAs almost tripling to over Rs 2,000 crore as at end of Q4FY17. 3905.74 crore against Rs. 4745.48 crore in the yea...More..

by | Saturday, May 13, 2017

Snap shares plummet as investors mark down first earnings report

David and Tom just revealed what they believe are the 10 best stocks for investors to buy right now. and Snap Inc. wasn't one of them! Average revenue per user was 90 cents in the first quarter, Snap said, ...More..

by | Friday, May 12, 2017

U.S. to ban carry-on laptops on most global flights

The U.S. ban on large electronics in the cabin of flights from 10 African and Middle Eastern airports went into effect this March. The original ban was put in place on fears that electronic devices could hide...More..

by | Friday, May 12, 2017

Homeland Security considers banning laptops on flights from Europe to US

The ban now is in place at 10 airports in eight countries. DHS spokesman David Lapan said no announcement was planned for Friday on whether the USA government will expand the ban and that no final decision ...More..

South Korea recalls Hyundai cars, asks probe on cover-up
by | Friday, May 12, 2017

South Korea recalls Hyundai cars, asks probe on cover-up

Following the announcement, Kannan Ramaswamy, managing director, Infratech Infrastructures Services Private Ltd, claimed in a Facebook post that the project went out of Tamil Nadu as the politicians demanded br...More..

by | Friday, May 12, 2017

Justin Bieber Concert Was 'Waste Of Time,' Tweets Sonali Bendre. Promptly Trolled

The concert, which began at 4 pm, was hosted by Harry Potter actress Elarica Johnson. "No matter who you are there is a "purpose" for you", said Bieber referring to the " Purpose World Tour " -his third world...More..