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Asian shares retreat from highs after Trump tax plan

That may be only a starting point for negotiations, but a tax rate even in the 25 percent range would mean fatter after-tax profits for companies, which could propel their stock prices even further. The White House will formally begin the push to overhaul the tax code before the end of the year. But especially on the business side, Trump's plan lacks numerous details needed to make the numbers work. Read More »

Deutsche Bank Q1 Profit Surges, Revenues Weak; Stock Down

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The difference between Actual EPS and Estimated EPS was 0.07 Percent. Now the shares of Deutsche Bank AG (DB) has a trading volume of 18.24 Million shares, with an average trading volume of 5950 shares - with shares dropping to a 52 week low of $11.19, and the company's shares hitting a 52 week high of $ 20.94. Read More »

France's Macron booed in Le Pen country

Cecile Delpirou, the CFE-CGC union's representative at the plant, said staff at Whirlpool had been given no warning of Le Pen's visit. "When I heard that Emmanuel Macron was coming here and did not plan to meet the workers, did not plan to come to the picket line but would shelter himself who knows where in the chamber of commerce". Read More »

Watchdog says ASEAN must stand vs. killings in Philippines

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Duterte said he would not raise the ruling during this week's ASEAN summit. A statement points out that the officials discussed views on possible outcome documents and various initiatives for the 50th Asean Ministerial Meeting and the 31st ASEAN summit in November. Read More »

Has $1.942 Million Stake in QUALCOMM, Inc. (QCOM)

Hedge funds have recently made changes to their positions in the stock. They are projecting Next Quarter growth of -12.5%. While looking at the Stock's Performance , QUALCOMM Incorporated now shows a Weekly Performance of -0.55%, where Monthly Performance is -7.96%, Quarterly performance is -15.73%, 6 Months performance is -18.82% and yearly performance percentage is 5.24%. Read More »

Elon Poll: Trump's N.C. approval rating is 42 percent

A new Politico-Harvard T.H. Chan School of Public Health poll finds the general public is opposed to numerous president's plans, such as building a wall along the country's southern border and dismantling ObamaCare. When it comes to confidence in Congress's ability to conduct a fair investigation into the issue of Russia's alleged election meddling, everyone has doubts. Read More »

Former US ambassadors blast Trump over Canada

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The White House made the surprise announcement in a read-out of calls between Trump, Mexican President Enrique Peña Nieto and Canadian Prime Minister Justin Trudeau. The vast majority of Canada's softwood operators - small and medium-sized businesses - will also be forced to pay the duties retroactively on any shipments made to the US since February 1. Read More »

Manoj Tiwari - hero of the MCD elections victory

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Surprisingly, Kejriwal yesterday had refrained from raising the EVM tampering issue, unlike other AAP leaders, as he congratulated the BJP on its victory in the municipal polls. Following the BJP's victory in the MCD polls, Congress leaders like Ajay Maken, Gurudas Kamat and P.C. Chacko also announced their resignations from their posts. Read More »

Ford first quarter profit beats estimates, reiterates 2017 profit outlook

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First-quarter adjusted pretax profits were down 42% to $2.2 billion as the company also faced headwinds from a stronger USA dollar and lower sales in China, the world's largest auto market. Results were driven primarily by sales in North America, though Europe and Asia Pacific regions were also profitable. According to the company, the lower profit year over year was driven by higher cost, lower volume and unfavorable exchange; higher cost due to warranty, investments in new products and ... Read More »

When will the taper talk begin — European Central Bank preview

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Eurozone business confidence was also better than expected overall in April, rising from 0.83 to 1.09. Instead, Sterling merely benefitted from Wednesday's profit-taking Euro losses to push EUR/GBP back from its highs . Opinion polls had been largely accurate, leading to hopes that second round polling would also be close to the mark. Even if the European Central Bank does not have to deal with a Le Pen win on May 7, it may only mean that doves' attention turns from the eurozone's ... Read More »

Financial Review of Noble Corporation (NYSE:NE)

Bank of America Corp raised shares of Noble from an "underperform" rating to a "neutral" rating and set a $8.00 price objective on the stock in a research note on Friday, January 20th. If you are accessing this news story on another publication, it was illegally copied and reposted in violation of United States and worldwide trademark and copyright law. Read More »

Las Vegas Sands Corp

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One investment analyst has rated the stock with a sell rating, ten have given a hold rating and ten have issued a buy rating to the company . (NYSE:LVS) rose 0.47% to $57.65. Analysts anticipate that Las Vegas Sands Corp. will post $2.54 EPS for the current year. The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 31st. Read More »

Trump tax cut: Huge, vague and likely mild boost for economy

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But there would also be significant changes to the individual tax rates. "That would be a stimulus to the economy, since it would probably all get spent", Ordeneaux said. A key part of Trump's tax plan during the campaign was to levy a tax or tariff against companies that move overseas and then try to sell their products back to American consumers. Read More »

Most Oil Producers Want Extension of Output Cuts: Iran Minister

Crude inventories fell 1.03 million barrels to 532.3 million, the agency reported Wednesday. Moreover, oil prices were under pressure as a stronger USA dollar dented investor sentiment, which made the dollar-denominated oil less attractive for holders of other currencies. Read More »

Trump plans to slash corporate tax rates sharply

Cohn and Mnuchin said the administration is working with Congress on a plan that will cut corporate tax rates to 15 percent, down from 35 percent, and shrink the current seven personal income tax rates to three - 10 percent, 25 percent and 35 percent. Read More »

Uber aims to roll out network of flying cars by 2020

The controversial ride-hailing app says it plans to create vertical take-off and landing ( VTOL) crafts that can be summoned at the push of a button in the same manner as their current auto service. And it also revealed the company the starting Uber flying cars upgrade summit in Dallas. The company then hired Mark Moore, a NASA aircraft engineer, to work on the Uber Elevate initiative . Read More »

Internet firms winding up for a fight on 'net neutrality'

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Pai is expected to outline his broadband reclassification proposal in a April 26 speech on internet regulation in Washington , D.C. Pai said he will offer a reversal of the 2015 order, to be voted on by the FCC next month, to return to "a light-touch regulatory framework", which he argued has "enabled the internet to grow and evolve beyond nearly anyone's expectations". Read More »

Trump tells Canada, Mexico he won't terminate NAFTA

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The White House is considering announcing US's unilateral withdrawal from the NAFTA signed with Mexico and Canada, media reports said on Wednesday citing a draft of the executive order, which is under discussion. Trump recently ramped up his criticism of Canada and this week ordered 20 percent tariffs on imports of Canadian softwood lumber, setting a tense tone as the three countries prepared to renegotiate the pact. Read More »

Nielsen (NLSN) Misses Q1 Revenues, Earnings Fall Y/Y April 25, 2017

Several research firms recently commented on NLSN . During its last trading session, Stock traded with the total exchanged volume of 0.11 million shares. Insiders have sold a total of 277,894 shares of company stock valued at $12,293,138 over the last ninety days. Following the sale, the chief executive officer now owns 288,277 shares of the company's stock, valued at approximately $11,767,467.14. Read More »

'Baahubali' producer Shobu Yarlagadda accuses Emirates airlines of racism

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In tweets, Mr Yarlagadda alleged that Emirates staff had been "racist, ' "rude" and "harassed the team unnecessarily" while they were at the boarding gate in Dubai airport. Shobu tweeted. Recently, the Baahubali team including Rajamouli, Prabhas, Rana Daggubati, Anushka Shetty and Shobu were in Dubai to promote their magnum opus. Read More »

Eric Thames hits 11th homer in Brewers' 9-1 rout of Reds

If you hadn't heard of Milwaukee Brewers first baseman Eric Thames until this baseball season, you're probably not alone. He stranded a pair of runners in three innings. SF - Perez. DP - Cincinnati 1 (Peraza, Cozart, Votto); Milwaukee 2 (Shaw, Villar, Thames), (Shaw, Villar, Thames). Runs above average is the number of runs a player is better than the average player. Read More »

White House unveils Trump tax plan

Meanwhile, reporters peppered the pair with questions about how the cuts would affect taxpayer Donald Trump - and whether or when POTUS will release his tax returns. It also called for the elimination of most itemised tax deductions but would leave in place the popular deductions for mortgage interest and charitable contributions . Read More »

Oil prices rise after big draw in US crude inventories

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Oil prices fell steeply last week following high crude supplies, despite a pledge by OPEC and some other producers to cut production by nearly 1.8 million barrels per day (bpd) for six months from January 1 to support the market. Rising U.S. drilling and production has dampened any oil price rally. On a global liquids supply level of around 95mn barrels a day, shale (tight crude and unconventional NGL) represents around 7%, al-Attiyah said at the "Abu Dhabi Roundtable" hosted by New York ... Read More »

US Commerce's Ross to announce probe into imported aluminum

U.S. Commerce Secretary Wilbur Ross is expected to announce a new probe into imported aluminum, CNBC reported on Wednesday. The same high-purity aluminum goes into armor plating for military vehicles and naval vessels, he said. While Ross criticized China's role for depressing the global aluminum market, he maintained that the latest investigation isn't "China-phobic" and that countries such as Russian Federation and Canada sell significant amounts of steel here. Read More »

Iowa man "mourning" after death of giant rabbit

Last year, United involuntarily denied boarding to 3,765 customers across more than 86.8 million mainline passengers in the airline, Munoz said. "He's upset", she said.Simon, a continental giant rabbit, was 10-months-old. United had the second-highest level of animal deaths and injuries of any U.S. airline a year ago, or 2.11 per 10,000 animals transported, according to the U.S. Read More »

Uber Takes to the Skies with Next Ride-Hailing Project

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The ChargePoint company has also started developing the infrastructure that will provide special chargers in this flying auto networks that can be used by flying cars. The first partner cities are Dallas-Fort Worth and Dubai. Uber has been working on several innovations to change the way we travel. The authority said it would work with Uber and airspace authorities to design and identify usable take-off and landing locations, called VertiPorts, around the city. Read More »

UK Leader Meeting Top EU Officials for Brexit Working Dinner

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She added: "The PM had a constructive meeting this evening with President Juncker of the European Commission". Leaders of the remaining 27 member states are due to meet this Saturday in Brussels for a Brexit summit that will finalise their negotiating stance and confirm European Union demands for broad agreement on a financial settlement before trade talks can begin. Read More »

Non-stop flights from London to Australia have gone on sale

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The return leg will depart Heathrow at 1.30pm, arriving at Perth at 1.15pm the next day. "This is a game-changing route flown by a game-changing aircraft ", said Alan Joyce, Qantas Group CEO, when he first announced the route. But the new route is not the world's longest non-stop; the current record-holder is Qatar Airways from Doha to Auckland (9,025 miles), and by next year longer links are likely - for example from Singapore to NY. Read More »

Trump agrees 'not to terminate NAFTA at this time'

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President Donald Trump and Vice President Mike Pence walk to the Eisenhower Executive Office Building on the White House complex in Washington , Wednesday, April, 26, 2017, for a meeting with Senators to discuss the Koreas. What a withdrawal threat could do is frighten multiple actors, he said. "There is talk about what steps we can take to start the process of renegotiating or withdrawing from NAFTA", this source said. Read More »

FCC chief lays out attack on 'net neutrality' rules

Title II was created in the 1930s to regulate the Ma Bell telephone monopoly. The FCC is expected to vote to formally begin the repeal process on May 18. The rules had "had harmful effects on the marketplace", partly by depressing investment by internet service providers, Pai said last week. "Earlier today, I shared with my fellow commissioners a proposal to reverse the mistake of Title II and return to the light-touch regulatory framework that served our nation so well during the ... Read More »

United Airlines CEO loses promotion post passenger manhandling incident

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Here are 5 lessons that we learned from the United Airlines disaster. He also asked that the response deadline be pushed back until April 27 to "ensure accuracy and thoroughness" while the airline conducts an internal review. Demetrio also revealed plans to take on American Airlines in a separate dispute involving an Argentinian mother who was filmed almost being hit in the head with her child's metal stroller by a flight attendant who later challenged other passengers to hit him. Read More »