Wednesday, 16 January 2019
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Budget 2017: Government goes small on housing

The commitment to cut the company tax rate to 25% for all companies, regardless of annual turnover, was expected, with Treasurer Scott Morrison indicating this was still the government's position in the lead up to the budget. Banks will face a new tax that is expected to recoup $6.2 billion over the forward estimates and help to fix the budget. Tax revenue will rise by more than $20 billion but Mr Morrison said the only people paying increased tax rates from July 1 will be multinationals ... Read More »

Oil rises on prospect that output cut could extend beyond 2017

A market survey of 32 banks shows that U.S. crude oil prices could average $54.3 per barrel in 2017, which is 0.7% lower than the previous week. In just a month, Brent Crude has gone from nearly $57 a barrel to less than $48 a barrel, as fears of oversupply once again gripped markets. Read More »

Universal Display Co. (OLED) Insider Sells 18000 Shares of Stock


Needham & Company LLC reissued a "hold" rating on shares of Universal Display in a report on Wednesday, January 11th. Price targets show what analysts believes a stock will be worth at the end of a certain time period. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink . The shares were sold at an average price of $82.20, for a total value of $411,000.00. Read More »

Turnbull says meeting with Trump was like 'family'

During a visit with Australian Prime Minister Malcolm Turnbull, US president Donald Trump said that the US healthcare system was failing and that Australia's universal system, which provides free, subsidized healthcare for all its citizens, is superior. Read More »

Cavs, James don't appear to be slowing down

Making his second start in place of injured point guard Kyle Lowry, Cory Joseph had 20 points and 12 assists for Toronto, which lost in six games against Cleveland a year ago in the Conference Finals. What the hell is that doing for anybody? And you can win a lot of games with Lowry as your point guard. "Tough-minded coaches are like that". Every team in professional sports has a story to tell, its own narrative that it uses to build trust with its fans. Read More »

McIlroy returns with a wedding ring and new clubs in the bag


McIlroy's long-time manager, Sean O'Flaherty said the TaylorMade deal was "Mongo" and it is bigger than any other TaylorMade deal including World No. this week's Players Championship at Ponte Vedre in Florida. I alluded to the fact that I wasn't really happy with the golf ball I was playing and I needed to do something. He was excited about his wedding, too. Read More »

Ionis Pharmaceuticals Inc (IONS) SVP Sells $31687.50 in Stock

Shares outstanding are recorded as 124.11 M and total shares floated are 122.92 M. Current ratio which is the relationship between current assets and current liabilities, indicating the liquidity of a business is calculated as 6.00. (NASDAQ:IONS) to report earnings on May, 09 for the fiscal quarter ending Mar 2017. TRADEMARK VIOLATION NOTICE: This article was published by Markets Daily and is the property of of Markets Daily. Read More »

Jose Mourinho: Top four impossible for Manchester United after defeat by Arsenal

Reacting to the defeat, Mourinho who made eight changes from his team that beat Celta Vigo in the semifinals of the Europa League on Thursday, praised his team for their performance. "Herrera played every game. I never understand what it means, director of football", Wenger said. You become cleverer, maybe look more and since my last red card, I think things have improved. Read More »

Marsh set to close Kokomo store pending new buyer


The potential closures would come in addition to previously announced shuttering of 19 stores scheduled this month. In the letter, Marsh VP of Legal Affairs Ben Habegger said Marsh "has recently experienced a period of unexpected difficulties and increased competition resulting in poor sales performance". Read More »

Banks planning to move 9000 jobs from Britain because of Brexit


More than a quarter of United Kingdom financial services firms tracked by EY have announced plans, compared to 18 per cent four months ago, with nearly half of investment banks confirming people or operations moves. The largest was Deutsche Bank, which said 4,000 jobs may move. That has prompted a number of USA and European banks to draw up plans to relocate some of their operations away from Britain. Read More »

The Sage of Omaha on job cuts, Apple, Google, IBM


Many Berkshire units are selling their wares at discounted prices at the annual meeting, while others offer memorabilia such as "Berky" boxers and bras, talking Warren Buffett dolls, and rubber ducks that look like Buffett and Munger for $5 a pair. Read More »

Trump administration delays Paris climate agreement decision

President Donald Trump is delaying a decision on whether to withdraw from the landmark worldwide climate deal struck in Paris under the Obama administration. "Their priorities are not my priorities, and they are not your priorities, believe me, Trump said". A State Department official told AFP: "We are focused on ensuring that decisions are not taken at these meetings that would prejudice our future policy, undermine the competitiveness of U.S. Read More »

Sends Donald Trump a Strong Message About Climate Change


While pulling out of the Paris deal might please the fossil fuels and automotive industry, a wide swath of corporate America is pressuring the Trump Administration to stay in the accord. "He is going to protect the climate agreement", Haim said. The legal analysis centers on a single phrase in the Paris deal: a clause declaring a signatory "may at any time adjust its existing nationally determined contribution with a view to enhancing its level of ambition". Read More »

Gemini wind farm goes online off Dutch coast


Located 85 kilometers off the coast of the Netherlands, the Gemini Offshore Wind Park has a 600 megawatt (MW) generating capacity, covers 68 square kilometers and is made up of 150 Siemens wind turbines. "Our worldwide experience in offshore wind construction allowed us to highlight risks that could potentially affect the project's progress and offer advice on methods for mitigating these". Read More »

Trump's second travel ban is back in court


The Trump administration's challenge to the ruling in Hawaii will take place the following week in front of a panel of three judges in the San Francisco-based ninth circuit of appeals. But the Fourth Circuit seems poised to tell us, one way or another, whether what the president says matters when assessing the legality of his policies. Read More »

Kevin Garnett Hosts Salty Celtics Reunion, Without Ray Allen

Just get it past this, man. We better than this. While Allen was viewed as a "ring chaser" for the move, his Celtic teammates never spoke out about their former teammate, until now. Back in 2008, the Boston Celtics beat the Los Angeles Lakers in the NBA Finals to win their 17th title in franchise history. Pierce, who played for the Celtics longer than any of his former teammates, chimed in, too, and said that he was "hurt" by the way the Allen situation played out. Read More »

Why Macron's Win Is Good for Europe's Worst-Off Banks

Mr Hollande announced that the inauguration of his successor will take place on Sunday. He was economy minister under Socialist President Francois Hollande, but has tried to define himself as neither left nor right politically. The name of the party will be changed to La Republique en march (The Republic on the Move) with the goal of "consolidating the base" of the political movement, according to Ferrand. Read More »

Indian Economy To Grow 7.7% In 2018-19: International Monetary Fund


Asia has experienced a productivity growth slowdown since the global financial crisis, particularly in more advanced economies such as China, the International Monetary Fund noted. Changyong Rhee, director of the fund's Asia and Pacific Department, said Macron's win over far-right candidate Marine Le Pen, an economic nationalist, had made him more optimistic that major trade tensions would ease. Read More »

Hanesbrands Inc. (HBI) Position Increased by Bbva Compass Bancshares Inc


FBR & Co cut their price target on Hanesbrands from $39.00 to $33.00 and set an "outperform" rating for the company in a report on Friday, February 3rd. The correct version of this news story can be viewed at Read More »

Saudi Arabia first stop on Trump's landmark overseas tour

Senior White House officials said today that President Trump's upcoming trip to Saudi Arabia, Israel and Italy will seek to unite the leaders of different nations and religions in the fight against radicalism and intolerance. Trump on Thursday signed an executive order promising "regulatory relief" for groups with religious objections to the requirement. White House officials told NBC that while in Saudi Arabia Trump will meet Arab leaders from across the Middle East to discuss peace in ... Read More »

Paul Ryan visits New York school run by charter advocate


Ryan, a strong supporter of charter schools, didn't get to the school until about 2 p.m., after numerous protesters had dispersed, with most believing he was already inside the building. " Paul Ryan , shame on you". " Paul Ryan is fresh off the House passage of his health care plan that would take coverage away from 20 million people", Joe Dinkin, National Communications Director of the Working Families Party, one of the groups behind the protest, told Mic . Read More »

Corbyn: I won't quit if I lose election


If Corbyn tries to hold on after a crushing defeat, there is a dilemma for his opponents in the parliamentary Labour party: try to push him out again or stick with the strategy of the last few months of keeping their powder dry. "Labour wants a jobs-first Brexit, a Brexit that safeguards the future of Britain's vital industries, a Brexit that paves the way to a genuinely fairer society and an upgraded economy", he is set to say according to a statement released by his office. Read More »