Mercredi, 20 Février 2019
Latest news
Home » Financer


Some Worry Trump's Charlottesville Comments Could Hurt Tax Reform


President Donald Trump has changed his mind about a planned Advisory Council on Infrastructure, the White House said in a statement Thursday. But if Cohn, who is widely respected on Wall Street and in Washington, departs even before the battle to cut taxes has been joined, how confident will Wall Street be? And the White House Thursday said Trump also has abandoned plans to form an advisory council on infrastructure. Read More »

Three CEOs outraged after Charlottesville quit Trump council


Trump - who was expected to address the issue during a day trip to Washington - has taken heat from Democrats and Republicans alike for his response to Saturday's violence in Charlottesville . Trump's inaction prompted Merck CEO Ken Frazier to step down from the president's council on manufacturing. Merck's stock was up around half a percent in mid-morning trading, better than Pfizer and Johnson & Johnson. Read More »

Hate Speech - How Responsible Are Tech Companies?


This time around, Silicon Valley needs to choose what to put first . "Social networking apps need to demonstrate a sufficient level of moderation, including for content that encourages violence and advocates hate against groups of people", a Google spokesperson told AFP. Read More »

Three US law firms to investigate alleged 'securities fraud' in Infosys


Vishal Sikka has resigned as the CEO of India-based outsourcing and information technology company Infosys, amid growing acrimony between the company's board and its founders. ■ Ravi Venkatesan: "The management is highly distressed by the continuing allegations against Sikka and Board members", PTI quoted the Infosys co-chairman. Read More »

Will Donald Trump's Comments about Charlottesville Lead to More White House Departures?


Cohn, but what's really affecting the market is not the fear that only he would leave", Cashin, UBS director of floor operations at the New York Stock Exchange, said Thursday on " Closing Bell ". Cohn is considered among the more moderate voices in Trump's White House. The dollar fell 0.2% to 109.33 yen, pulling further away from this week's high of 110.95 yen that had been set on Wednesday. Read More »

Deadly Car Attacks in Barcelona, Cambrils


The Eiffel Tower went dark late Thursday night in tribute to the victims. At least 13 people were killed and more than 100 were injured as the driver ploughed into people along a 500 metre stretch of the pedestrianised area. Justice Minister Charlie Flangagn said it amounted to an "unspeakable act of terrorism ". Leaders from around the world have offered their condolences after the Barcelona attack. Read More »

West Nile virus reported in Clay County


On Tuesday, health officials reported a mosquito tested positive for West Nile in one of the city's traps. It is the first positive mosquito pool for the season in Oxford County. Health officials say West Nile Virus is the most common mosquito-borne disease in Oklahoma, and it can be deadly in seniors. Health officials say the best way to prevent the disease is to avoid mosquito bites by using insect repellants and wearing long sleeves, trousers and socks when outdoors. Read More »

Foot Locker's (FL) Hold Rating Reiterated at Oppenheimer Holdings, Inc


Vanguard Group Inc. now owns 12,986,214 shares of the athletic footwear retailer's stock valued at $971,499,000 after buying an additional 257,770 shares during the last quarter. Foot Locker, Inc . declared a dividend for shareholders which was paid on Friday July 28th, 2017. Foot Locker Inc . followed its athletic-wear store peers in reporting far worse-than-expected same-store sales in its latest quarter, a sign that the " athleisure " market may be running out of steam. Read More »

U asks Sharad Yadav not to attend Lalu's Patna rally


Yadav said that after Kumar made a decision to join hands with the BJP recently, he had received "several calls" from people who thought he may become a union minister but added that there is a tradition of "making sacrifices" to save the composite culture. Read More »

CEOs React After Trump Attacks Merck Chief


Frazier , who grew up in a poor neighborhood in Philadelphia, resigned from the manufacturing advisory council days after one person was killed and others wounded in violent clashes between white supremacists and protesters. Trump has been criticized for not taking the opportunity to denounce the white supremacists, who marched through the Virginia town with lit torches. Read More »

Under Armour CEO resigns from Trump council


The three condemned the hate groups that attracted violence to a recent white supremacist rally in Charlottesville, Virginia - something President Donald Trump has been criticized for not doing in a timely way. Many observers thought Merck would eventually have to shell out $10 billion or more to thousands of plaintiffs over the drug's withdrawal. Merck shares were up 0.7 percent to $62.79 at 12:02 NY, roughly in line with a broader advance in the USA stock market. Read More »

3M, Campbell's Soup CEOs resign from Trump manufacturing council

Merck CEO Ken Frazier was first to leave the council, drawing the ire of Trump, who nearly immediately attacked him on Twitter over the pharmaceutical company and rising prices for medications. Trump showed his disdain for Frazier less than an hour later with a tantrum in tweet form. On Tuesday, Trump followed up statements where he condemned the KKK and white supremacists who attended the weekend's rally, with a defense of those groups, placing the blame on "both sides." Trump was ... Read More »

CEOs Disband Advisory Council in Mass Rejection of Trump's Remarks


But the two councils had largely stayed intact. "As a result, today I am resigning from the Manufacturing Advisory Council". While Trump spoke out against racist groups on Monday, he doubled down on his initial remarks that suggested both white supremacists and counter protesters were violent over the weekend. Read More »

Who said it, Donald Trump or Kim Jong

He did not go into details, but the secretary has previously said the North could signal a willingness to hold talks on its denuclearization by stopping missile tests . "It is the first joint exercise between the GSDF and US Marines in Hokkaido", a defence ministry spokesman said. On Friday, China issued a statement saying that if war erupted, it would not take the side of the aggressor. Read More »

Van Plows Into Crowd Of Pedestrians In Barcelona, Spain


The officials also claimed that the situation is under control while adding that a suspect was injured during the anti-terror operations in South Barcelona and has been arrested . Hundreds of tourists and locals fled in panic, seeking sanctuary inside shops, restaurants and churches amid fears that terrorists were still wreaking havoc. Read More »

North Korea gives US a clear choice: Restraint or missile launches

A week after North Korean leader Kim Jong-un threatened to fire missiles at the USA territory in the Pacific, the ABC was invited to observe operations at Andersen. Asian shares rose for a second day on Tuesday after Kim's comments. But his efforts have so far been met with a string of threats and missile tests as the North works to build nuclear-armed missiles that can reach the US mainland. Read More »

IShares Dow Jones US Real Estate (IYR) (IYR) Valuation According To Analysts

Insiders have sold a total of 40,893 shares of company stock worth $4,891,974 in the last ninety days. Alexandria Real Estate Equities Inc (ARE) now has Return on Equity of -2.90. 473,918 are owned by Century. Livforsakringsbolaget Skandia Omsesidigt owns 0.04% invested in Alexandria Real Estate Equities Inc (NYSE:ARE) for 6,700 shares. Read More »

US Federal Reserve split over pace of interest rate hikes


The prospect of no more interest rises in the USA for some time sparked a sell-off of the greenback which has boosted the Australian dollar. The Federal Open Market Committee ( FOMC ) released its minutes from its meeting in July on Wednesday, which detailed the Fed's outlook on the state of all facets of the economy since its meeting in June, when it made a decision to raise interest rates. Read More »

Wal-Mart's profits fall but sales in the USA rise


The broader Retail-Wholesale sector has increased 9.7% in the last six months. The retailer reported $1.08 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.07 by $0.01. That was the 12th consecutive quarter same-store sales were positive, largely confirming the retailer has rediscovered a winning formula. Comp sales growth reached the top end of the company's expectations of 1.5-2.0% increase. Read More »

Samsung Galaxy Note 4 batteries recalled for overheating risk


The leaks confirm that the Galaxy Note 8 will run Android 7.1.1 Nougat with Samsung's TouchWiz UI on top. But some noticed that among the features, the S-Pen stylus was the most focused in the video. Before you get your pitchforks out, let us tell you that this time around it's nothing remotely similar to the Galaxy Note7 scandal. After a long wait, Samsung will finally unveil the next iteration of the Note series, the Galaxy Note 8 on August 23, at an event in NY. Read More »

Merck CEO resigns from president's council, Trump lashes out


Trump responded, characteristically, with a Twitter attack. The resignations came after Trump was criticized for his response to the violence at white supremacist events in Charlottesville, Va., over the weekend. They also learned to fear Trump's wrath soon after the election, when shares of Boeing briefly lost about $550 million worth of market value after the president-elect declared costs for a new Air Force One "out of control" and said the $4 billion order should be canceled. Read More »

Dominion Energy Midstream Partners, LP (NYSE:DM) Shares Dip Under Moving Averages


It has outperformed by 38.56% the S&P500. Founders Capital Management acquired a new position in Magellan Midstream Partners L.P. during the first quarter valued at about $109,000. The company's stock had a trading volume of 48,782 shares. During the most recent session, shares touched $65.22 after moving -1.21%. Alps Advisors Inc invested 1.06% of its portfolio in Antero Midstream Partners LP (NYSE:AM). Read More »

These business leaders have resigned from President Trump's special council


Many faulted him for his late response and for not denouncing the white supremacists by name. Trump formed the manufacturing council a week after his inauguration as part of a push to create jobs. Mr Frazier is not the first executive to resign from advisory councils serving Mr Trump. Trump also assailed the CEOs who left on Twitter as " grandstanders " and said he had plenty of executives available to take their place. Read More »

Dollar Edges Higher as Investors Await Fed Minutes


Wednesday's minutes revealed virtually no new information and elicited nearly no market response. At the July meeting, the Fed left its benchmark rate in a range of 1 percent to 1.25 percent. In contrast, others cautioned that a delay in gradually removing policy accommodation could result in an overshooting of the Fed's inflation objective that would likely be costly to reverse, or that a delay could lead to an intensification of financial stability risks or to other imbalances that might ... Read More »

SpaceX launches resupply mission to International Space Station


Against a crisp blue sky, SpaceX launched a resupply mission to the International Space Station shortly after noon Monday - and a sonic boom accompanying its re-entry foretold a successful landing at Cape Canaveral. The cargo will be captured using the station's Canadarm 2 robotic appendage and will then be attached to the rocket. Nine minutes after its launched, the Falcon 9 was successfully recovered, and it perfectly landed at Cape Canaveral. Read More »

Does the World Really Want Content From Apple?


But it's late to the online programming game: Netflix , Amazon , Hulu, and HBO have well established services, and a pipeline of original offerings. Apple in June premiered Planet of the Apps , an unscripted reality television show in the same vein as Shark Tank . While Apple's first two series launches received a tepid response, the company feels that one hit could turn it into a veritable player in the lucrative video space, according to the Journal . Read More »

Dick's Sporting Goods, Inc. (DKS), CareDx, Inc (CDNA)


Also , the potential liquidation of Gander Mountain should boost DICK'S Sporting's market share, though it may hurt third-quarter sales. The price to earnings growth is 1.03 and the price to sales ratio is 17. Revenue in the second quarter rose to US$2.16bn from US$1.97bn the previous year. Dick's Sporting Goods's revenue for the quarter was up 9.6% on a year-over-year basis. Read More »

United Kingdom govt proposes post-Brexit 'temporary customs union' with the EU


The UK also wants the freedom to strike new trade deals with other countries such as Australia during the transition phase - deals which would come into effect once the transition is over. The UK has set out the "ambitious new customs arrangement" it wants to secure with the European Union after Brexit . The UK Government has begun producing a serious of papers outlining its post-Brexit vision for relations between the UK and the European Union. Read More »

Asian Shares, Dollar Rally as North Korea Blinks


The ongoing war of words between US President Donald Trump and North Korea's Kim Jong Un, and their subsequent ratcheting up nuclear tensions, triggered a surge in the price of gold on Thursday (10 August), as safe-haven seeking investors flocked to buy the yellow metal. Read More »

Retail inflation firms up to 2.36% in July


Separately, figures from the Office for National Statistics showed that British house price inflation eased for the second straight month in June, though slightly. The gains in retail prices were driven by a hardening of prices in sugar and confectionery items, pan, tobacco and intoxicants. The Brent crude oil price is in backwardation, where futures prices are higher than spot prices, for the first time since 2014. Read More »

Wall Street ends up slightly, snapping three days of losses


Nasdaq-100 futures shed 13.75 points, or 0.2%, to 5,776. Fiat Chrysler stock gained 99 cents, or 8.5 percent, to $12.60. On Thursday, the three major US indexes logged their worst performances since mid-May ( in a session dogged by geopolitical concerns. Read More »

India's retail inflation rises to 2.36% in July


The Wholesale Price Inflation index rose by 1.88% in July compared to a 0.63% increase in July 2016. Inflation was 1.46 percent in June - the slowest pace since the government started releasing retail inflation data in January 2012 based on combined data for rural and urban consumers. Read More »