Business


Trump meets with House Democrats over GOP's `detailed' tax plan Trump meets with House Democrats over GOP's `detailed' tax plan
- September 27, 2017

President Donald Trump is set to meet with conservative groups Monday to discuss tax reform . In addition, the top tax for corporations would be reduced to around 20 percent from the current 35 percent. Trump wants a special, low tax rate for "pass-through" businesses, which are private companies that pass their profits through to their owners as income that is then taxed at the individual income tax rate , not the corporate tax rate . (more...)
SEC chairman criticized by both parties over hack response SEC chairman criticized by both parties over hack response
- September 27, 2017

By U.S. Government [Public domain], via Wikimedia CommonsChairman Clayton's continued transparency in disclosing and discussing details about the 2016 cybersecurity breach is encouraging. He would not say whether Equifax was under investigation by the SEC, but would not rule out the possibility of a probe. "Equifax is a travesty". At a Tuesday hearing on Capitol Hill, SEC Chairman Jay Clayton faced sharp criticism for the agency's handling of the breach, griping about its lack of ... (more...)
Decision due from USA on Bombardier trade dispute Decision due from USA on Bombardier trade dispute
- September 27, 2017

Assistant general secretary Tony Burke said: "We call upon the British and Canadian governments to meet with Boeing to resolve this crisis". The wings are made in Belfast, employing at least 800 people directly, and Prime Minister Theresa May has lobbied President Donald Trump over the importance of preserving the posts . (more...)
LeBron James: Intentions to end career in Cleveland haven't changed LeBron James: Intentions to end career in Cleveland haven't changed
- September 27, 2017

Trump tweeted the next day that the "invitation is withdrawn! He brings another championship pedigree, another playmaker to the team", James said . Sports are all about having fun and a lot of the time these athletes playing the sports we love become our idols. (more...)
The DHS plans to monitor immigrants' social media accounts The DHS plans to monitor immigrants' social media accounts
- September 27, 2017

The U.S. Department of Homeland Security (DHS) will begin to collect social media information on all immigrants starting October 18. According to BuzzFeed , the new rule could also affect US citizens who communicate with immigrants on social media by making their conversations the subject of government surveillance. (more...)
Weatherford International plc (NYSE:WFT)
- September 27, 2017

The Arga Investment Management Lp holds 4.82M shares with $18.66 million value, down from 13.69 million last quarter. Weatherford International plc ( WFT ) closed its previous trading session at $4.06 with the loss of -1.93%. Gabelli & Investment Advisers Inc reported 33,000 shares. Koch Industries Incorporated holds 414,735 shares. New York State Common Retirement Fund reported 2.75 million shares stake. (more...)
German Vote Could Harm Merkel-Macron Deal on Europe German Vote Could Harm Merkel-Macron Deal on Europe
- September 27, 2017

Angela Merkel faces an upcoming week of tough coalition talks after Germany's far-right party swept into the country's politics for the first time in fifty years. Gauland warned the government to "buckle up" after the first exit polls were released Sunday night. "All parties. have a responsibility that we get a stable government". (more...)
Darden Restaurants, Inc. (DRI) Stock Dives After Sales Miss Darden Restaurants, Inc. (DRI) Stock Dives After Sales Miss
- September 27, 2017

BlackRock Inc. boosted its stake in shares of Darden Restaurants by 4,601.4% during the first quarter. The company's revenue for the quarter was up 8.1% on a year-over-year basis. The dividend payment will be $0.630 per share for the quarter or $2.52 annualized. The days to cover increased to 7.0 and the percentage of shorted shares is 0.08% as of August 31. (more...)
Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) Sees Volatile Trading - Up $1.00
- September 26, 2017

Point72 Asia Hong Kong Ltd increased its position in shares of Carrizo Oil & Gas by 1,014.9% during the first quarter. 77,524 were accumulated by Raymond James Associates. It has underperformed by 78.84% the S&P500. On average, analysts predict that Carrizo Oil & Gas, Inc. will post $1.09 EPS for the current year. The company has market cap of $5.47 billion. (more...)
Today's Brokerage Rating: JC Penney Company, Inc. (JCP), Wells Fargo & Company
- September 26, 2017

This showed a surprise of -80% in the last quarter earnings. Analyst rating about PRA Group, Inc. Analysts set a 12-month price target of $39 a share. TRADEMARK VIOLATION WARNING: "J.C. Penney Company, Inc". Holding stock in a transaction dated Monday, August 21st. The stock traded within a range of $3.91 and $4.13. (more...)
Is Stock's Performance Impressive? NIKE, Inc. (NKE) Is Stock's Performance Impressive? NIKE, Inc. (NKE)
- September 26, 2017

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Rational Advisors LLC raised its stake in shares of Nike by 14.3% in the first quarter. That's a potential 13.21 gain from where (NYSE: NKE ) has been trading recently. Nomura reaffirmed a "buy" rating and set a $60.00 price objective on shares of Nike in a research note on Friday, June 30th. (more...)
Carnival Corporation (NYSE:CCL) Sees Volume Pop in Session Carnival Corporation (NYSE:CCL) Sees Volume Pop in Session
- September 26, 2017

Overall, five Caribbean ports heavily frequented by cruise ships were substantially impacted by the series of hurricanes in the region, Donald said during an analysts call. Net income was down year-over-year, from $1.4 billion in 2016 to $1.3 billion this year. Messner & Smith Theme Value Invest Mgmt Limited Ca reported 3.07% of its portfolio in Carnival Corp (NYSE: CCL ). (more...)
(FRT) Shares Trading up at $124.78 Federal Realty Investment Trust…
- September 26, 2017

Balyasny Asset Management LLC now owns 1,135,241 shares of the real estate investment trust's stock worth $32,491,000 after purchasing an additional 917,632 shares during the last quarter. 4,432 were accumulated by Peak6 Investments Lp. Brown Advisory, Maryland-based fund reported 35,223 shares. Ls Inv Limited Liability Corporation owns 29,300 shares or 0.23% of their USA portfolio. (more...)
With no opposition in sight, Abe seeks fourth term as Japan PM With no opposition in sight, Abe seeks fourth term as Japan PM
- September 26, 2017

From below 30 per cent back in July, playing statesman and taking a turn on the world stage has seen Mr Abe's popularity rating claw back to 44.5 per cent earlier this month. While Mr Abe's party is likely to offer voters sweeteners on education and childcare, the election campaign will be dominated by the North Korean crisis. (more...)
Two High-Risky Stocks to Watch: CVS Health Corporation (NYSE:CVS) Two High-Risky Stocks to Watch: CVS Health Corporation (NYSE:CVS)
- September 26, 2017

CVS Health Corporation (CVS) opened at 79.63 on Friday. Its last month's stock price volatility remained 2.38% which for the week stands at 1.73%. It has underperformed by 41.10% the S&P500. Martingale Asset Mgmt Lp holds 24,600 shares. Vantage Investment Advisors Llc who had been investing in Cvs Health Corporation for a number of months, seems to be less bullish one the $82.39B market cap company. (more...)
Bass Pro acquires Cabela's for $4 billion Bass Pro acquires Cabela's for $4 billion
- September 26, 2017

It's not clear how numerous roughly 2,000 jobs based in Cabela's hometown of Sidney, Neb., will remain afterward. The city endured the loss of roughly 2,000 jobs once before when the Sioux Army Depot closed in 1967. Cabela's, which has a retail store in Gonzales, was founded in 1961. Today, Bass Pro Shops is the top national retailer of outdoor gear and apparel, with more than 100 retail and marine center locations across North America. (more...)
National Rail Safety Week features event in Holland National Rail Safety Week features event in Holland
- September 26, 2017

Participating in a press conference to kick off the week's activities were Kansas Operation Lifesaver State Coordinator Tara Mays, Kansas Department of Transportation Rail Safety Engineer Mitch Sothers, Topeka Mayor Larry Wolgast, Shawnee County Sheriff Herman Jones, Topeka Rescue Mission Executive Director Barry Feaker, Union Pacific Director of Public Affairs Lindsey Douglas, and Kansas Operation Lifesaver Board President Matt Vogt. (more...)
Stelliam Investment Management LP Decreases Stake in JPMorgan Chase & Co. (JPM) Stelliam Investment Management LP Decreases Stake in JPMorgan Chase & Co. (JPM)
- September 26, 2017

It has underperformed by 0.87% the S&P500. The correct version of this report can be read at https://www.equitiesfocus.com/2017/09/24/robinson-value-management-ltd-acquires-1117-shares-of-j-p-morgan-chase-co-jpm.html. JPMorgan Chase's activities are organized into four business segments, as well as a Corporate segment. (NYSE:JPM) rating on Monday, January 18. As per Monday, October 5, the company rating was maintained by Citigroup. (more...)
Comcast Corporation (CMCSA) Holdings Lifted by Creative Planning
- September 26, 2017

WINTON GROUP has an ownership of 219,526 stocks of the cable giant's shares valued $14,563,000 after scooping up an extra 186,920 stocks in the previous period. Among 16 analysts covering Public Storage ( NYSE:PSA ), 2 have Buy rating, 3 Sell and 11 Hold. Stockholders of record on Wednesday, October 4th will be paid a $0.1575 dividend. (more...)
Bangkok Most Visited Destination for Travelers, According to Mastercard List Bangkok Most Visited Destination for Travelers, According to Mastercard List
- September 26, 2017

Bangkok registered the most worldwide overnight tourists in 2016, with 19.41 million, and the number is expected to grow by 4% this year. The report also ranks the top 20 fastest-growing cities from 2009 to 2016, with Japan's Osaka topping the charts with a 24% annual growth rate over that period, followed by Chengdu in China's Sichuan province at 22.7% and Colombo in Sri Lanka at 20.3%. (more...)
EPS for ENSCO PLC (ESV) Expected At $
- September 26, 2017

It has underperformed by 19.46% the S&P500. After $0.67 actual earnings per share reported by Pfizer Inc. for the previous quarter, Wall Street now forecasts -4.48% negative EPS growth. Teacher Retirement Of Texas owns 25,029 shares for 0% of their portfolio. Aviva Pcl reported 112,161 shares. Invesco Ltd holds 4.27 million shares. Among 32 analysts covering Ensco Plc (NYSE: ESV ), 11 have Buy rating, 5 Sell and 16 Hold. (more...)
Frontier Airlines adds new flights out of Philadelphia Frontier Airlines adds new flights out of Philadelphia
- September 26, 2017

Augustine, we respect their decision and wish them all the best", said Ed Wuellner, the executive director of the St. Augustine-St. Frontier Airlines has announced it will begin nonstop service between Memphis International Airport (MEM) and Philadelphia International Airport (PHL) beginning April 9. (more...)
Uber threatens to quit Quebec over new regulations Uber threatens to quit Quebec over new regulations
- September 26, 2017

Uber, which called the new rules "challenging", said they threatened the company's ability to continue offering its services to Quebecers. "We're asking the government to renew the pilot project and let's sit down and find a solution to this", he said. (more...)
Turnbull threatens to restrict gas exports Turnbull threatens to restrict gas exports
- September 26, 2017

Both bodies forecasted a shortfall of nearly 110 petajoules of gas next year, which could be the same case as in 2019. The government is set to decide by November 1 whether to limit exports from any of the three liquefied natural gas (LNG) plants on Australia's east coast in 2018 under a new gas security law to shore up local supply for power plants and industry. (more...)
USA new home sales sink in August USA new home sales sink in August
- September 26, 2017

At the current sales rate, the volume of homes for sale represented a supply of 6.1 months, up seven percent from July and the highest level in three years. Sales could worsen in coming months as parts of Texas and Florida - both hit by Hurricanes Harvey and Irma - find that new construction gets delayed as the focus turns to rebuilding properties that were flooded or damaged by the fierce winds and rainstorms. (more...)