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How will the overhaul of H-1B visas affect businesses?

The number of requests for H-1B visas declined this year by about 15 percent, or roughly 37,000 applications, but the total was still almost 200,000, far more than the 85,000 limit. Eventually, any changes to the law will require the approval of congress. The entire process could take years. The president took this approach with the security vetting executive order - shutting down the entire system - when less draconian approaches were available (namely, enforcing existing law on the standards ... Read More »

Australia follows USA over India-leaning visa programme

Under the government's plan the list of 650 occupation classifications that qualify for a temporary visa will be reduced by 200. There are now more than 95,000 people in Australia on the 457 visa, the majority of from India, which accounts for nearly a quarter of the total intake, followed by the United Kingdom at 19.5% and China at 5.8%. Read More »

Former Patriots Football Player Aaron Hernandez Found Dead in Jail Cell

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Aaron Hernandez's lead attorney in his recent double murder trial is calling for an investigation into his client's death. Hernandez is survived by his fiancée, Shayanna Jenkins-Hernandez, and their 4-year-old daughter. He was convicted and sentenced to life without the possibility of parole. Suicide in 2016 surged to the highest levels in the United States in almost 30 years, according to the National Center for Health Statistics. Read More »

Morgan Stanley posts 1Q profit

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The Fed said economic growth continued from mid-March into early April and pay improved for some workers. But investors have been wondering when rising statistics like consumer confidence will start to turn into better pay and greater spending. Read More »

Moving Stocks: American Express Company (AXP), The AES Corporation (AES)

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Most of the active traders and investors are keen to find ways to compare the value of stocks . Now the shares of American Express Company (AXP) has a trading volume of 4.15 Million shares, with an average trading volume of 3540 shares - with shares dropping to a 52 week low of $56.11, and the company's shares hitting a 52 week high of $ 81.66. Read More »

No One Will Be Fired For Dragging Incident: United Airlines

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Because the incident aboard United Express Flight 3411 was a systemic problem, the company won't fire anyone in management - including Munoz - or its rank-and-file workers. ABC News reports that United has reviewed and changed its policy regarding removing passengers from overbooked planes. And some U.S. politicians have called for a total ban on overselling flights. Read More »

EBay unveils first-quarter earnings results

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Stock is now moving with a positive distance from the 200 day simple moving average of approximately 10.22%, and has a solid year to date (YTD) performance of 14.58% which means the stock is constantly adding to its value from the previous fiscal year end price. Read More »

Aaron Hernandez Found Dead In Prison After Hanging Himself

On Wednesday morning, the man who seemed to have everything hanged himself in a jail cell where he was serving a life sentence for the 2013 murder of his friend Odin Lloyd . Hernandez, 27, had been found not guilty last Friday of a 2012 drive-by shooting in Boston . He was just 27 years old. Hernandez's death comes the same day the Patriots are making their visit to the White House to mark their Super Bowl win. Read More »

Bank of America Reported First-Quarter Results

According to the company, revenue, net of interest expense, rose 7% from $20.8 billion to $22.2 billion, surpassing expectations of $21.61 billion. Noninterest income for consumer banking slipped to $2.5 million, down from $2.6 million last quarter and $2.53 million previous year. Read More »

Panera Bread in advanced sale talks with JAB Holdings

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JAB was named as a possible suitor, as were McDonald's, Starbucks, KFC parent company Yum! and Domino's. If Panera, which actually has been thriving, made a decision to sell out, then how can less successful restaurant chains continue to go it alone? The company reported $2.05 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $2.00 by $0.05. Read More »

HomeNewsHow Much Will Midwest Rains Slow Spring Planting?

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On the other hand, excellent corn planting weather and fast progress might encourage farmers to get a little more corn in than they had anticipated, perhaps dipping into the land set aside for soybeans - some 89.482 million acres in 2017, according to USDA. Read More »

IMF foresees global economy accelerating to 3.5 percent in 2017

The meetings come against the backdrop of a gradually strengthening worldwide picture, especially in many emerging economies, despite resistance to free trade and political unrest in some countries. Now, Lagarde and others say, the outlook is brightening. The IMF expects the negotiated reduction in oil production by 1.8 mln barrels per day for six months to help rebalance the market by the end of 2017, "eliminating an excess supply now estimated to be a little less than 1 mln barrels per day". Read More »

Chipmaker Qualcomm's revenue, adjusted profit beat estimates

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On a GAAP basis Qualcomm reported EPS of $0.50, including the company's strategic initiatives segment and some share-based compensation, items related to acquisitions, tax and other items. The chipmaker posted revenue of $5.02 billion in the period, missing Street forecasts. GAAP earnings amounted to 94 cents per share. StubHub drove $916 million in gross merchandise volume, representing a 6% year over year increase, and $210 million in revenue, up 18% year over year as reported. Read More »

Centre taking steps to get Mallya back to India: Venkaiah Naidu

Even as a London Court granted a conditional bail to liquor baron Vijay Mallya after his brief arrest on Tuesday, CBI sources in the Indian capital suggested the Westminster Magistrates' Court in London has prohibited the tycoon from leaving or trying to leave the United Kingdom, the Times of India reported today. Read More »

Germany doesn't see vote disrupting Brexit talks

May's Conservative Party holds a slim majority in parliament's lower House of Commons and May is banking on gaining a greater share of the seats to make Brexit a smoother transition for her government. Rather than Corbyn, the biggest challenge is likely to come from the Liberal Democrats , the pro-EU party that was nearly wiped out at the last election in 2015 after serving for five years in a coalition government led by May's predecessor. Read More »

Goldman trails rivals in USA trading boom

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The stock touched its high share price of $255.15 on 03/01/17 and the stock also touched its Lowest price in the last 52-weeks of trading on 06/27/16 as $136.88. Today's projected price move is reflective of BAC's longer-term uptrend, though the shares have pulled back since hitting an eight-year high of $25.80 in early March. Read More »

Brandywine Realty Trust Setting The Table For Earnings

Okusanya anticipates that the real estate investment trust will post earnings per share of $0.32 for the quarter. 11/14/2016 - Healthcare Realty Trust Incorporated was upgraded to "buy" by analysts at Cantor Fitzgerald. The company also recently announced a quarterly dividend, which was paid on Wednesday, April 12th. Stockholders of record on Wednesday, March 15th were issued a dividend of $0.93 per share. Read More »

US President Trump Signs "Buy American, Hire American" Order

American workers have long called for reforms to end these visa abuses, and today their calls are being answered for the first time". In the whole immigration debate, H-1B visa issue is very small, he said . The president called the order "bold new steps" toward making good on his campaign promises to generate more jobs for out-of-work Americans. How are the visas allocated? Not only this, but applications for H-1B visa fell for the first in five years. Read More »

Latest IMF Report, What Does It Say About Economic Growth In 2017

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Activity is projected to pick up markedly in emerging market and developing economies because conditions in commodity exporters experiencing macroeconomic strains are gradually expected to improve, supported by the partial recovery in commodity prices, while growth is projected to remain strong in China and many other commodity importers. Read More »

Pence Promotes Trump's Economic Plans, Visits USS Rondald Reagan in Japan

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Japan is in favor of establishing a framework for multilateral trade negotiations such as the Trans-Pacific Partnership (TPP) free-trade pact, while the United States prioritizes bilateral trade talks. The program has been in development with Japan and is aimed at shooting down intermediate-range North Korean missiles that pose a threat to the U.S. Read More »

United CEO: No one will be fired over passenger dragging incident

UNITED Airlines CEO Oscar Munoz said Tuesday that his company will not consider firing any employees involved in the passenger dragging incident that happened on its flight from Chicago to Louisville in Kentucky on April 9. Nobody took the $800 offer, so the airline "randomly selected" some "volunteers" who would be told to leave the plane they had already boarded. The damaging passenger dragging incident, caught on video, was down to a 'system failure'. Read More »

Analyst Stock Recommendations For The Coca-Cola Company (KO), Allergan plc (AGN)

Several institutional investors have recently bought and sold shares of CCE. Epoch Investment Partners Inc. increased its position in Coca-Cola European Partners plc by 10,066.2% in the third quarter. The company's revenue for the quarter was down 5.9% compared to the same quarter past year. During the same period previous year, the firm earned $0.53 earnings per share. Read More »

Research Report For Xerox Corporation (XRX)

Other large investors also recently added to or reduced their stakes in the company. New York Life Trust Co. increased its stake in Xerox Corp by 49.7% in the third quarter. Xerox Corporation (XRX ) is an interesting player in the Technology space, with a focus on Information Technology Services. If you are viewing this report on another website, it was illegally stolen and reposted in violation of USA and worldwide copyright and trademark legislation. Read More »

The Public Pulse: Senators voted to allow our privacy to be invaded

Once Trump signs it, which he is expected to do, it will strip away the online privacy rights of American citizens, allowing companies to buy your data. From books to shoes, vacations and groceries - there's a lot for sale on the internet, including your personal information. Privacy expert Paul Ohm, a law professor at Georgetown, expressed concerns that the data broadband carriers will collect about people's Web-browsing habits could be obtained by the Federal Bureau of Investigation . Read More »

Citrix Systems, Inc. (CTXS) loses confidence of 58 hedge fund managers

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During last 5 trades the stock sticks nearly 6.62%. (NASDAQ:CTXS) which led to swings in the share price. It was only last July when Citrix Systems announced the evolution of its GoTo business thanks to a merger with LogMec Inc. Rumors of a Citrix takeover first surfaced in 2015 when Elliott Management took an activist stake in the company, though buyers for Citrix's core business failed to materialize. Read More »

Phoenix Group generates serious cash as it integrates AXA Wealth, Abbey Life

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In addition to Numis reporting its stock price target, a total of 5 brokerages have issued a ratings update on the company. The company's stock had a trading volume of 725,425 shares. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. The 50 day moving average of Phoenix Group Holdings PLC (LON:PHNX) is 774.69 whilst its 200 day moving average is 742.72. Read More »

The research firm Upgrade the Cobalt International Energy, Inc. (CIE) to Buy

Cobalt International Energy, Inc. closed its last trading session at $0.41 with the gain of 1.74%. The relative volume of the stock is 1.01, while its market cap is $185.45 Million. the EPS stands at -0.26 for the previous quarter, while the analysts predicted the EPS of the stock to be -0.13, suggesting the stock fell short of the analysts' expectations. Read More »

Moleculin Biotech, Inc. (MBRX) now has an analysts' mean recommendation of 0

Moleculin Biotech, Inc. (NASDAQ:MBRX) announced its lead candidate, Annamycin (also known as "Liposomal Annamycin"), an anthracycline, has received Orphan Drug Designation by the U.S. Moving toward the volatility measures, the price volatility of stock was 15.11% for a week and 10.94% for a month as well as price volatility's Average True Range for 14 days was 0.13. Read More »