Tuesday, 20 August 2019
Latest news
Home » Finance


Trump to order review of Obama tax inversion rules - Mnuchin

Mnuchin said Friday that his agency has held more than 16 meetings about financial regulations, and participants said Trump administration officials were particularly interested in ways to ease mortgage and small business lending. The administration's goal is to unveil a plan soon that can quickly pass the House and Senate. On the economic front, in the week ending April 15, the advance figure for seasonally adjusted initial claims was 244,000, an increase of 10,000 from the previous week' ... Read More »

United Rentals, Inc. (URI) Given Buy Rating at Jefferies Group LLC


WFG Advisors LP boosted its stake in United Rentals by 4.6% in the second quarter. Overall, 6.93 Million shares exchanged hands versus its average trading volume of 1.69 Million shares. Comparatively, United Rentals, Inc. posted earnings of $1.89 per share in the same quarter previous year. ILLEGAL ACTIVITY NOTICE: This piece was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. Read More »

Hernandez lawyer wants murder conviction erased

One day after Aaron Hernandez's family donated the convicted murderer's brain to science, Ursula Ward , the mother of his victim, issued a "friendly challenge" to the New England Patriots and the National Football League players association. Read More »

New United Airlines Policy Scraps Last-Minute Boarding for Crew Members

When Dao refused to leave his seat, Aviation Department officers dragged him from the plane. Later, Munoz offered a more emphatic mea culpa, saying: "No one should ever be mistreated this way". He also said he tried to reach the passenger directly to apologize. Last year Delta got more passengers to give up their seats than any other US airline, partly by paying more than most of the others. Read More »

Mattel shares drop after toy maker posts disappointing sales


BMO Capital Markets reiterated an "outperform" rating and set a $36.00 target price on shares of Mattel in a research note on Saturday, January 28th. The company's expected revenue in the current quarter to be 804.82 Million, seeing a projected current quarter growth of -30.8%, and per annum growth estimates over the next 5 year period of around 15.65%. Read More »

Belgian man has no link to Paris attack: security officials

French President Francois Hollande said he is convinced the circumstances of the Paris shooting points to terrorist act, the Associated Press reported . He condemned Le Pen for linking the attack to immigration. "It never ends", the President said. "Our condolences from our county to the people of France ", Trump said. Read More »

Paris attack will 'probably help' Le Pen in France

But JM Berger, a fellow with the International Centre for Counter-Terrorism and the co-author of "ISIS: The State of Terror", said Trump's predictions about the attack swaying the results of France's election in Le Pen's favor "sounds more like wishful thinking to me". Read More »

Glencore PLC (GLEN) Rating Reiterated by Credit Suisse Group AG

If the $12.86 price target is reached, the company will be worth $283.50 million less. The Firm operates through two divisions: Commercial, which covers all areas relating to the commercial sale of pharmaceutical products, the manufacture and distribution directly related to that activity, and Research and Development, which includes all activities related to the research and development of pharmaceutical products for a range of medical disorders. Read More »

Bill O'Reilly Under Investigation by Fox Over Sexual Harassment Claims

Attorneys of Fox News told Bloom they would investigate Walsh's complaint against O'Reilly after she placed a call to the hotline, Bloom told CNN's Brian Stelter. Baldwin's Trump also appeared on the show's cold open , addressing crowds at a town hall meeting in rural Kentucky, attempting to gain support for the recent USA missile strike against Syria while revealing to the crowd his plans to cut numerous government services and benefits upon which they rely. Read More »

United Airlines CEO: No one will be fired in passenger ejection

United CEO Oscar Munoz called the debacle "a system failure" during an investor call Tuesday, as reported by the Chicago Tribune , adding that there was "never consideration" of firing any employee. Shares of United Continental Holdings Inc ( UAL .N) were down 4.12 percent in afternoon trading, despite earnings that outperformed analyst expectations on several key metrics. Read More »

Ann Coulter vows to speak at Berkeley despite cancellation

UC Berkeley on Thursday invited controversial conservative Ann Coulter back to campus - a little more than 24 hours after cancelling her gig which had been set for next week. But, no, we'll let these masked rioters show up with weapons and start - I mean, they are all little beta males but with a weapon, even a beta male can do some damage, especially to a 99-pound girl. Read More »

Paris Police Shooter Identified, ISIS Claims Responsibility

The incident comes after two men were detained by the French police two days ago. The suspect was arrested in February on suspicion of plotting to kill officers but was released because of lack of evidence. French prosecutor Francois Molins said the authorities have identified the shooter and are assessing whether the attacker had accomplices. The police are now collecting statements from the various witnesses who were at the scene when the incident occurred, to verify the presence of a ... Read More »

United Airlines CEO to visit China over dragged passenger

In a recent interview with industry publication Corporate Counsel , Hawaiian Airlines chief legal officer Aaron Alter said that there are important lessons to be learned from the current crisis of reputation facing United. So no, there was never a consideration for firing an employee. The CEO took personal responsibility for the incident, which drew widespread condemnation, and said no employees would be fired as a result of it. Read More »

CP says Ontario will levy 15% tax on foreign home buyers


Last week, the head of the Bank of Canada warned of growing speculation in the Toronto housing market and said a correction there could reverberate in other parts of the country. It also discourages people who already own homes from selling them to buy new ones, as they often decide to renovate instead. "Domestic flippers probably will be the next target", he said. Read More »

General election is on for June 8

Calling for a mobilisation of voters to demand clear statements of candidates' positions on Brexit, and particularly whether they would refuse to support an exit that "that substantially diminishes our access to the single market" or a no deal outcome, he added: "We don't know what size majority Mrs May will get". Read More »

$510.91 Million in Sales Expected for Cypress Semiconductor Co. (CY) This Quarter


The transaction was disclosed in a filing with the SEC, which is accessible through this link . Moreover, Renaissance Technology Lc has 0.04% invested in Cypress Semiconductor Corporation (NASDAQ:CY) for 2.20 million shares. Fmr invested in 0% or 912,620 shares. The average numbers of shares are traded in a security per day, during the recent 3-month period. Nisa Investment Advisors LLC boosted its stake in Cypress Semiconductor by 98.7% in the third quarter. Read More »

Most French police officers say they are voting for Le Pen

The poll was conducted on Wednesday and Thursday - before the shootout in which the attacker also died and two other police officers were injured. After the United Kingdom's unexpected vote to leave the European Union and Donald Trump's unexpected triumph in the USA presidential election past year, you might imagine that Europe's chancelleries have developed detailed contingency plans for a victory by the far-right National Front's Marine Le Pen in France's presidential election. Read More »

Facebook moves to seize augmented reality


Wearing his signature gray t-shirt and blue jeans on the first day of Facebook's signature F8 Developer Conference in San Jose, Zuckerberg on Tuesday spoke about a new way for developers to create features into Facebook's built-in camera that add digital graphics to the real world you see through the lens. Read More »

Oil prices flat as IEA report counters higher USA output


US crude oil production C-OUT-T-EIA has risen by 9 percent since mid-2016 to 9.2 million bpd, resulting in a surge in commercial inventories to a record 535.5 million barrels C-STK-T-EIA. Russian Federation is the largest non-member contributor to an arrangement by the Organization of Petroleum Exporting Countries ( OPEC ) to balance the global market for oil through production cuts. Read More »

Don't want conflict in Muslim society over triple talaq: Modi

PM Modi lights the lamp at the meet venue as top BJP leaders LK Advani, Amit Shah and Arun Jaitley look on. He promised to work hard himself and announced that by September, he would have spent 95 days travelling in the country's different regions, particularly in areas where the BJP is weak, to interact with booth-level party workers. Read More »

Canada's SNC-Lavalin to buy WS Atkins in $3.6 bln deal


Canada-based engineer-contractor SNC-Lavalin is set to pay $2.67 billion to buy United Kingdom design giant Atkins under a final offer announced on April 20 that both firms' boards have approved. Current Atkins chief executive Uwe Krueger will step down and be replaced by current CFO Heath Drewett. Global design, engineering and project management consultancy Atkins, which operates from more than 40 offices across the United Kingdom, has agreed to the terms of a takeover offer which values ... Read More »

Now get petrol delivered at your doorstep


Annually 25 billion rupees (USD 387.00 million) worth of transactions takes place at fuel stations. Home delivery of fuel is being mulled as the world's third biggest oil consumer experiments with daily price revision of petrol and diesel at select towns beginning May 1. Read More »

Attack to affect France vote


One of the police officers died on the scene. Initial eyewitness reports said the dead gendarme had been shot while in his auto, which was stationary at traffic lights. "The influx of migrants is in front of us". She came third in the presidential election in 2012, after just under 1 in 5 French voters said they wanted her to win. Read More »

Reckitt first-quarter sales flat as problems persist


Within Hygiene, growth was led by Dettol antibacterial cleaning products, Veet hair removal products, and Finish dishwasher tablets. Reckitt Benckiser said economic conditions around the world are challenging as it reported sales fell in Europe. Read More »

Visa policy changes: India in touch with US, Australia


Chandrashekhar, president of India's software and services companies association Nasscom. Under a new executive order, Donald Trump proposes to replace the current lottery system for issuing H-1B work visas with a merit-based approach. It has also said it will "tweak" its business model to continue to be in compliance with regulations. Remittances from United States would decline hurting the balance of payment. Read More »

Government's 457 visa crackdown 'misses the core problem'

Rejecting the suggestion that the policy revamp had been made in response to a demand for stricter immigration policies from far-right parties, Mr Turnbull, who has been facing poor approval ratings, said: "We are an immigration nation, but the fact remains - Australian workers must have priority for Australian jobs". Read More »

Elon Musk is working on 'telepathy' device for people with brain injuries


Right now, you have two primary "layers" to your brain: the limbic system, which controls things like your emotions, long-term memory, and behavior; and the cortex, which handles your complex thoughts, reasoning, and long-term planning. The main agenda behind the development of such technology is to create a product that can help in the treatment of brain injuries caused by cancer lesion, stroke, etc. Read More »

Ofcom Details Plan To Open Up BT Openreach Ducts & Poles


Ofcom said that alternative providers should be able to lay fibre using BT's ducts and poles as easily as BT itself - meaing that a non-discrimination requirement would be imposed on BT for all processes. It cited the statistic that full-fibre broadband coverage in the United Kingdom now stands at around 2%, which compares to over 70% in Japan, Spain and Portugal. Read More »