Finance

Apple pays extra £136m in back-taxes to United Kingdom taxman

Apple pays extra £136m in back-taxes to United Kingdom taxman Apple Europe - which handles the tech firm's United Kingdom marketing - said the taxman had carried out an "extensive audit" of its United Kingdom operations dating before 22 September 2015. The Guardian notes that Apple Europe reported a pre-tax profit of £297 million in the 18 months to April 1st, 2017. An HMRC spokesman said of the Apple arrangement: "We do not comment on the tax affairs o... [Full Article...]

Bring back budget earmarks, Florida congressman says, echoing Trump

Bring back budget earmarks, Florida congressman says, echoing Trump Although they are retiring for different reasons - Royce said he wants to focus on his final year as Foreign Affairs committee chairman while McSally intends on running for the Senate - their impending departures has opened up 31 House seats that are now held by Republicans. [Full Article...]

Geode Capital Management LLC Increases Stake in Johnson & Johnson (JNJ)

The stock increased 0.81% or $0.14 during the last trading session, reaching $17.5. About 8,064 shares traded. The TJX Companies, Inc. (NASDAQ:FOXA) has declined 2.90% since January 10, 2017 and is downtrending. Johnson & Johnson (NYSE:JNJ) issued an update on its FY17 earnings guidance on Tuesday morning. John G Ullman Associates Inc invested 4.75% of its portfolio in Johnson & Johnson (NYSE:JNJ)... [Full Article...]

Aanchal Thakur becomes first Indian to win inter,national medal in skiing

Aanchal Thakur becomes first Indian to win inter,national medal in skiing Thakur also took to social media and expressed her happiness, mentioning it was totally "unexpected". My first ever worldwide medal. "At the end turkey served me well", she wrote in her Twitter post soon after. The competition had been organized by the International Governing body, Federation International de ski (FIS), in Turkey, at the Palandoken Ski Centre. [Full Article...]

Manufacturing growth at highest level since 2011

Manufacturing growth at highest level since 2011 United Kingdom industrial production growth doubled in November, figures from the Office for National Statistics showed Wednesday. The manufacturing cheer comes as British goods are in high demand overseas thanks to the pound's falls since the Brexit vote. [Full Article...]

Defends Decision to Pay Catt Sadler Less Than Her Male Co-Host

Defends Decision to Pay Catt Sadler Less Than Her Male Co-Host Frances Berwick , president of NBCUniversal's lifestyle networks, spoke out Tuesday at the Television Critics Association press tour after Sadler claimed she left E! "There is a lot of misinformation out there", she said (via TheWrap ). [Full Article...]

Rafael Nadal: 'I wouldn't be here if I wasn't feeling good'

Rafael Nadal: 'I wouldn't be here if I wasn't feeling good' That was his last competitive action as he missed warm-up events in Abu Dhabi and Brisbane and only returned for the Kooyong Classic exhibition tournament on January 9, in which he lost in straight sets to Richard Gasquet . Nadal, who enjoyed a resurgent 2017 after losing in last year's Australian Open final to Roger Federer , said despite the rustiness at Kooyong, he still believes he'll be rea... [Full Article...]

China could slow/halt US Treasury purchases

China could slow/halt US Treasury purchases USA long-dated Treasury yields hit fresh 10-month highs on Wednesday with traders citing a report by Bloomberg that Chinese officials have recommended slowing or halting purchases of US government bonds. This comes after news here that Chinese officials who are reviewing the country's FX holdings have made a recommendation to slow down or halt purchases of US Treasuries altogether. [Full Article...]

Tesla Powers Up New York Gigafactory Solar Roof Assembly Line

Tesla Powers Up New York Gigafactory Solar Roof Assembly Line Manufacturing of the textured-glass tiles began last month at Tesla's Gigafactory 2 in Buffalo, N.Y., according to a statement from the Palo Alto, the Calif. The solar shingles are an element of a three-part solution, including also energy storage and electric cars. Musk, after all, stated in a 2016 interview that he believes the 1.2 million-square-foot Buffalo, NY facility is capable of pot... [Full Article...]

(UNP) Shares Bought by First National Trust Co

Trading volume for Union Pacific Corporation was 6.38 Million in its previous trading session. It has outperformed by 14.75% the S&P500. The stock appeared $7.15 above its 52-week highs and is down -0.45% for the last five trades. Aull & Monroe Management has invested 0.89% in Union Pacific Corporation (NYSE:UNP). 235.99 million shares or 1.64% less from 239.92 million shares in 2017Q2 were report... [Full Article...]

Eagle Capital Management LLC Lowered Oracle Corp (ORCL) Position by $108.83 Million

Koch Industries holds 0.16% or 14,154 shares in its portfolio. Anthem, Inc. (NYSE:ANTM) has risen 31.86% since January 9, 2017 and is uptrending. It has outperformed by 11.39% the S&P500. Wilbanks Smith And Thomas Asset Mgmt Ltd owns 85,917 shares. M&R Mngmt has 1,589 shares. Jpmorgan Chase And, New York-based fund reported 7.71M shares. [Full Article...]

Boothbay Fund Management LLC Trims Holdings in Lowe's Companies, Inc. (LOW)

The Ontario - Canada-based 1832 Asset Management LP has invested 0.13% in Lowe's Companies, Inc. State of Alaska Department of Revenue now owns 1,440 shares of the home improvement retailer's stock valued at $111,000 after acquiring an additional 110 shares during the last quarter. [Full Article...]

Analysts Review: JC Penney Company Inc (JCP)

About 12.66 million shares traded. Taking a broader look at the analyst consensus, according to 16 analysts J.C. Penney Company Inc (NYSE: JCP)'s price will reach at $3.83 during 52 weeks. The firm now has a hold rating on the department store operator's stock. On Monday, August 17 the stock rating was upgraded by Vetr to "Hold". The firm has "Reduce" rating by Gordon Haskett given on Tuesday, ... [Full Article...]

Berkshire Hathaway expands board; Buffett, Munger keep seats

Berkshire Hathaway expands board; Buffett, Munger keep seats CEO Warren Buffett has appointed Abel vice chairman of non-insurance business operations and Jain as vice chairman of insurance operations. Abel is the chairman of the company's Berkshire Hathaway Energy unit, which he joined in 1992, while Jain is executive vice president at National Indemnity Co. [Full Article...]

United Kingdom watchdog expresses concern over spread-betting retail market

United Kingdom watchdog expresses concern over spread-betting retail market The FCA's review found that 76% of retail customers who bought CFD products on either an advisory or discretionary basis between July 2015 and June 2016 lost money. In addition, communications policies were often ineffective, due diligence of product suppliers flawed while remuneration of directors among the group varied widely. [Full Article...]

Toyota recalls 600000 more vehicles in U.S. due to airbag problem

Toyota recalls 600000 more vehicles in U.S. due to airbag problem Since recalls began on Takata airbag inflators in 2008, 19 automakers have been affected. The problem brought a criminal conviction and fine against Takata and forced the Japanese company into bankruptcy protection. In May a year ago, six thousand more Kiwi auto owners had their vehicles recalled after Toyota announced there were concerns related to passenger-side air bags. [Full Article...]

Tesla falls short on Model 3, but overall sales rise in 2017

Tesla falls short on Model 3, but overall sales rise in 2017 Now, the company says it expects to be producing 2,500 Model 3s weekly in the first quarter 2018, and 5,000 weekly by the end of June. The good people over at Inside EVs have done their tabulating, and the numbers are in: in 2017, very almost 200,000 electric vehicles were sold in the US. [Full Article...]

Disney Monorail train travels with door open, video shows

Disney Monorail train travels with door open, video shows Park-goers can be seen on the ground below in some parts of the video and a female passenger can also be seen sitting near the open door as she grips onto a pole. The monorail travels between 15 to 40 miles per hour on its 14 mile route around the park. "I am grateful that the riders were all calm and that the vehicle was not crowded, and that there were no children standing on the train", the g... [Full Article...]

Q4 2017 EPS Estimates for Regal Entertainment Group Decreased by Wedbush (RGC)

RGC traded at an unexpectedly low level on 04/01/2018 when the stock experienced a 0.48% gain to a closing price of $22.97. About 1.19M shares traded or 10.27% up from the average. RBC Capital Markets has "Sector Perform" rating and $19 target. The firm has "Hold" rating given on Friday, April 29 by Topeka Capital Markets. The firm's stock has a market capitalization of $3.59 bln. [Full Article...]

Jefferies Group LLC Has Increased Holding in Expedia INC Del (Call) (EXPE)

Td Asset Mngmt invested in 0.01% or 41,317 shares. Agrium Inc. (NYSE:AGU) has risen 5.50% since January 7, 2017 and is uptrending. It has outperformed by 13.73% the S&P500. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating, twenty-two have given a buy rating and two have assigned a strong buy rating to the stock. [Full Article...]


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