Finance

Finance Stock Roundup: Energy Transfer Equity, L.P. (ETE)
Author: 0 Stock Roundup: Energy Transfer Equity, L.P. (ETE)

It closed at $40.59 lastly. It is down 22.44% since September 19, 2016 and is uptrending. It has underperformed by 5.95% the S&P500. US Capital Advisors reaffirmed their overweight rating on shares of Energy Transfer Partners LP (NYSE:ETP) in a report published on Friday morning.

Author: 0 MCD Elections: BJP Scores A Hat-Trick, Wins 181 Wards

In Delhi, as the party leadership blamed the EVMs for its defeat in the MCD polls, a Delhi minister did not agree with the views held by the top brass. "If we have announced the CM face before the polls, the political scape in the state would have been different", party's Dhaka MLA and Punjab leader of opposition HS Phoolka said.

Finance Drivers continue Uber strike in Melbourne
Author: 0 Drivers continue Uber strike in Melbourne

Starting Wednesday, rider ratings will be prominently displayed under their names. For all the controversies that Uber has been involved in over the past several months, that hasn't stopped the team from improving the app behind the scenes.

Finance Crores By Cheque, No Bouncing, Top Court Warns Sahara's Subrata Roy
Author: 0 Crores By Cheque, No Bouncing, Top Court Warns Sahara's Subrata Roy

The Supreme Court has warned beleaguered tycoon Subrata Roy to deposit about Rs 2,052 crores by July 15, failing which the top court would send him back to the jail. Meanwhile, in a related development, a Supreme Court bench has ordered the arrest of Chennai-based Prakash Swamy. The warrant was also quashed on grounds that Roy will appear in all hearings now as the court asked him to submit an undertaking for the same.

Author: 0 Trump administration considering removing USA from NAFTA

President Donald Trump said the United States would be "tweaking" its trade relationship with Canada, stopping short of calling for a major realignment in a development likely to please visiting Canadian Prime Minister Justin Trudeau. Ross alleged that Canada was subsidizing its lumber companies to allow them to sell the product into the United States market at low prices. What local builders say: Rick Koze, president and owner of Kay Builders, says the new tariffs could drive home prices ...

Finance Russian police raid Khodorkovsky group ahead of protest
Author: 0 Russian police raid Khodorkovsky group ahead of protest

Supervising department believes that activity of these organizations involves "incitation of protest performances and destabilization of an internal political situation" that can provide threat for the state. According to prosecutors, these organizations implement special programs and projects aimed at discrediting election results in Russian Federation and recognizing them as illegitimate.

Author: 0 Tony Blair: Theresa May will win the general election

He said: "It is little coincidence that Theresa May chose to hit the election campaign trail in Wolverhampton and Dudley on Saturday. And every vote cast for me through my local Conservative candidates in cities like Leeds, and in towns and cities across the United Kingdom, will strengthen my hand when I negotiate with the prime ministers, presidents and chancellors of Europe in the months ahead".

Author: 0 House oversight committee: Flynn might have broken the law

It was inappropriate and there are repercussions for the violation of law", Chaffetz said . Democratic Sens. Kamala Harris and Dianne Feinstein of California said they believed the committee needed to move at a faster rate. Chaffetz said Flynn is now facing possible punishment from the Pentagon, including being forced to give up the payments. When Kushner first submitted his forms to the Federal Bureau of Investigation, he left the section about foreign contacts blank - despite the fact ...

Author: 0 Canada To Fight US Lumber Duties

Freeland says she has had discussions with U.S. Commerce Secretary Wilbur Ross in recent days and some progress has been made, but there's no sign of a deal yet. U.S. timberland prices edged up 0.1% in the first three months of 2017, the National Council of Real Estate Investment Fiduciaries (NCREIF) said, after remaining stagnant a year ago.

Finance Preview of Stock Movement: Whiting Petroleum Corporation's (WLL)
Author: 0 Preview of Stock Movement: Whiting Petroleum Corporation's (WLL)

Royal Bank of Canada reaffirmed a "hold" rating and set a $12.00 target price on shares of Whiting Petroleum Corp in a research report on Tuesday. Canaccord Genuity reiterated a "buy" rating and issued a $14.00 target price on shares of Whiting Petroleum Corp in a research report on Thursday, February 23rd.

Author: 0 Three leaders prepare to battle in TV debate

Horgan said he gets angry when he sees government inaction on a range of issues from underfunding of schools to a lack of support for children in care, which has resulted in suicide. "I'm glad to hear that the premier is finally calling for a halt to the expansion of thermal coal exports", Weaver said in a statement today. He dismissed Horgan's repeated remarks that the NDP has tried six times to introduce new rules barring corporate and union donations to political parties but the Liberals ...

Author: 0 Donald Trump blocks ExxonMobil from drilling for oil in Russian Federation

Senator Ben Cardin (D-Md.), Ranking Member of the Senate Foreign Relations Committee, before the decision was announced. "The Treasury Department should reject any waiver from sanctions which would allow Exxon Mobile or any other company to resume business with prohibited Russian entities", he said in a statement .

Finance Trump executive order aims to simplify tax code
Author: 0 Trump executive order aims to simplify tax code

And to "reform" the corporate tax code in a revenue-neutral way necessarily requires overcoming the opposition of one well-heeled interest group or another - a fact of which the House's border-adjustment tax enthusiasts are painfully aware .

Author: 0 Trump tax plan leaves most of the hard work to Congress

That statement comes from eliminating two controversial taxes aimed directly at the wealthy - the Alternative Minimum Tax (AMT) and the estate tax (known as the "death tax" among some ). "I can't support it if it eliminates the property tax and state income tax deductions ", Congressman Peter King of NY told AFP . What about for our personal income taxes? Retailers and other big importers have railed against the proposed tax, saying it would lead to higher prices for consumer goods.

Author: 0 Trump considering order to withdraw from NAFTA

However, it appeared Wednesday that Premier Christy Clark is willing to wade in. But it appeared to keep much of the existing agreement in place, including private tribunals that allow companies to challenge national laws on the grounds that they inhibit trade - a provision that critics say allows companies to get around environmental and labor laws.

Finance Mississippi man sues R. Kelly, says singer ruined marriage
Author: 0 Mississippi man sues R. Kelly, says singer ruined marriage

Kenny Bryant of MS filed a lawsuit against Kelly claiming that Bryant's wife, Asia Childress , was romantically involved with Kelly before marrying Bryant. It seems as though R. Kelly has a lot of explaining to do because he is being sued for his involvement with a married woman. (Kelly reportedly lives in the city, Heavy notes.) The move to Atlanta financially ruined Bryant because he couldn't find "profitable employment" there, he claims.

Author: 0 Uber flying cars arriving soon: All the details on the futuristic ride

From past few years, Uber was entertaining the idea of launching some flying taxis that could permit it to transport customers in the sky rather than on the road. The firm's envisioned flying taxis will be small, electric aircraft that can take off and land vertically, also known as VTOL vehicles, capable of flying 100 miles in 40 minutes.

Finance Durable Goods Orders Post Modest Gains Overall
Author: 0 Durable Goods Orders Post Modest Gains Overall

That said, the weaker-than-expected outturn for March follows an upward revision to February. Durable goods orders rose less than expected in March, according to an advance release from the Department of Commerce on Thursday. Demand for machinery slipped 0.2 per cent while orders for computers fell an even bigger 3.8 per cent. Excluding the spike in orders for transportation equipment, durable goods orders edged down by 0.2% in March after climbing by 0.7% in February.

Author: 0 14 million American jobs are on the line — Messing with NAFTA

Trump has often targeted specific automakers - especially Ford - for investing in Mexico. "We remain supportive of efforts to modernize NAFTA and further expand access for USA soy in Mexico and Canada, and we look forward to working with the administration to realize these goals".

Finance Doctor dragged off United flight reaches settlement with airline
Author: 0 Doctor dragged off United flight reaches settlement with airline

The amount and terms of the settlement were not disclosed. United said Thursday that it plans to reduce overbooking but not eliminate it entirely. Embattled US carrier United Airlines is to offer passengers US$10,000 (€9,165) to give up their seats on over-booked flights.

Finance Freeland sees progress in 'polite, amicable' Canada-US trade war
Author: 0 Freeland sees progress in 'polite, amicable' Canada-US trade war

Freeland's sharp reminder: We like to be nice, but don't mess with us. Researchers concluded the deal has had a minor impact on the USA economy. Trump has said US lumber producers are driven out of business and suffer when the Canadian government subsidizes its lumber industry .

Author: 0 Trump to sign environment, energy orders

The most noteworthy perhaps is his pledge to repeal and replace Obamacare, which failed when he couldn't bring Republican lawmakers to consensus. "All this will not be finished in the first 100 days". Pro-NAFTA senators urged Trump to be careful. And now, without the US involvement, the behemoth trade deal is essentially dead. The goal was to reduce the federal workforce through attrition, but it's unclear yet if the impact has been significant.

Finance Be wary of White House claims about tax plan
Author: 0 Be wary of White House claims about tax plan

The White House argues tax reform will pay for itself. But whether they pay more or less depends largely on details that have yet to be released. Cohn said the deduction would create "a zero tax-rate for the first $24,000". More than 80 percent of those earning over $100,000 did so, and the state and local tax deduction cut their adjusted gross income by more than 6.5 percent.

Author: 0 President Trump Says US Will Renegotiate, Not Cancel, NAFTA

During the U.S. presidential campaign, Trump had called NAFTA "the worst trade deal maybe ever signed" and a "disaster" that had cost the United States millions of jobs as companies moved plants to Mexico. Since NAFTA became law in 1994, exports from the US to Canada and Mexico are up 280% over that time, while imports from the two countries have risen 313%, according to the US Chamber of Commerce.

Author: 0 State lawmaker: Canada doesn't grasp urgency of milk crisis

Dairy industries organizations in Australia and New Zealand said Wednesday that they would support the USA if it took the dairy dispute to the World Trade Organization, following Trump's declaration that existing rules are unfair, the Financial Post reported.

Finance Stocks that beats the day - Exact Sciences Corporation (NASDAQ:EXAS)
Author: 0 Stocks that beats the day - Exact Sciences Corporation (NASDAQ:EXAS)

EXACT Sciences's revenue for the quarter was up 144.4% compared to the same quarter a year ago. EXACT Sciences (NASDAQ: EXAS ) last issued its quarterly earnings data on Tuesday, February 21st. During last 3 month it remained at -6.79%. Finally, Zacks Investment Research cut shares of EXACT Sciences from a "buy" rating to a "hold" rating in a research report on Friday, February 24th.

Author: 0 Trump tax plan leaves Congress, Ryan with heavy lift

One of the sources for funding in President Barack Obama's health insurance law is a 3.8 percent net investment income tax that applies to capital gains and rental and royalty income, among other sources. Ordinary people were paying the price through higher personal taxation and cuts to services such as healthcare and education, Oxfam said. While Wall Street has been optimistic about the prospect of corporate tax cuts since Trump's election in November, the stocks rally has stalled lately ...

Finance Trump says NAFTA deal with Canada, Mexico, is 'very possible'
Author: 0 Trump says NAFTA deal with Canada, Mexico, is 'very possible'

The announcement followed U.S. media reports that Trump was considering giving formal notice of pulling the United States out of the North American Free Trade Agreement. Analysts warned that USA exporters could face high tariffs without NAFTA , because the US exporters not only have gained greater tariff preferences under the deal, but also have been exempt from potential tariff hikes facing other exporters.

Author: 0 White House says Trump won't immediately pull out of NAFTA

I think NAFTA has been a catastrophic trade deal for the United States , trading agreement for the United States . The announcement came after reports suggested Trump was drafting an executive order to withdraw the United States from the trade deal.

Author: 0 Trump signs executive order to review federal lands

By using the 111-year-old law to extend federal protections to millions of acres of land and ocean for conservation, the Obama administration had eliminated the ability of people in states to decide how best to use them, Trump said. "As stewards of America's federal public lands, the Trump administration has an obligation to protect these most special wild places". Trump's order directs the Interior Department to consult and coordinate with states and tribes affected by monument designations ...

Finance FCC chairman to propose reversing 'net neutrality' rules
Author: 0 FCC chairman to propose reversing 'net neutrality' rules

The previous FCC effort to write net neutrality rules had drawn a record outpouring of more than 4 million public comments. "The debate of the last decade has never really been about 'net neutrality, ' but the FCC's sweeping claims of power over the Internet", Berin Szóka, president of TechFreedom, said in a Wednesday statement .

Author: 0 Trump Tells Canada And Mexico He Will Renegotiate, Not Withdraw From NAFTA

He echoed his sentiment about renegotiating the deal on Twitter earlier Thursday morning. "It is my privilege to bring NAFTA up to date through renegotiation", Trump said in the readout. Trump's scorn toward worldwide trade deals, part of his nationalist political message, appeals to Americans who feel such pacts have cost Americans jobs, and he has said businesses that choose to move plants outside the country would pay a price.

Author: 0 Earnings Analysis Of Ocwen Financial Corp. (OCN)

Major shareholders that own at least 10% of a company's stock are required to disclose their transactions with the SEC. The original version of this report can be viewed at https://baseballnewssource.com/markets/ocwen-financial-corp-ocn-upgraded-at-compass-point/659602.html.

Author: 0 Euro dips against US dollar on dovish ECB tone

Fighting negligible inflation for years, the European Central Bank has kept its deposit rate in negative territory since 2014 and plans to buy 60 billion euros worth of bonds each month at least until December. But inflationary pressures "remain subdued", with prices largely only going up earlier this year because of higher energy costs, he said. Draghi said the Governing Council unanimously agreed to adjust its language on the balance of risks to growth.

Finance Chipotle investigates a breach in their payment system
Author: 0 Chipotle investigates a breach in their payment system

Image source: Chipotle Mexican Grill . Zacks Investment Research raised shares of Chipotle Mexican Grill from a "strong sell" rating to a "hold" rating in a research note on Friday, January 13th. (NYSE: CMG ) most recently reported quarterly EPS of $0.55 for the quarter ending 2016-12-31. TRADEMARK VIOLATION WARNING: This article was first reported by Chaffey Breeze and is the sole property of of Chaffey Breeze.

Author: 0 Trump decides to keep Nafta for now

The Mexican government confirmed the conversation in a statement issued late on Wednesday. He blames NAFTA for the loss of millions of US industrial jobs, mostly to Mexico. The National Association of American Wheat Growers and the U.S. Wheat Associates also circulated a joint call for Trump to rethink his NAFTA exit, pointing out that Mexico buys 10% of all U.S.

Author: 0 Samsung Elec flags stronger earnings from chips, phones after first quarter jump

Samsung's Q1 2017 earnings are in, showing the company's highest quarterly profit since Q3 2013. But the firm's mobile business saw sales and profit slow, with operating profits of 2.07 trillion won, down by 47 percent from a year ago. The company said pre-orders for the two smartphones were higher than they had been for the predecessor Galaxy S7 and S7 edge, launched in March previous year.