• Trump tax plan leaves Congress, Paul Ryan with 'heavy lift'
Trump tax plan leaves Congress, Paul Ryan with 'heavy lift'

They must be deeply embarrassed at now having to pretend that two plus two equals seven. For Yum! Brands, with more than 500,000 employees and revenues of more than $13 billion in 2015, the plan would cut a little more than $2.5 billion from its base tax rate.

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  • Appeals Court Blocks Anthem Bid to Merge with Rival Cigna
Appeals Court Blocks Anthem Bid to Merge with Rival Cigna

Insurers made the deals as they adjusted to new pressures from the insurance overhaul of Obamacare, officially known as the Affordable Care Act. Cigna, through a company lawyer, said it has no comment at this time. Cigna shares have been trading well below the value of the deal as investors have been skeptical of a reversal by the courts. The Am...

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  • Fiat Chrysler quarterly profits rise 34% to $698 million
Fiat Chrysler quarterly profits rise 34% to $698 million

Fiat Chrysler Automobiles NV reported a first-quarter net profit of 641 million euros ($698 million), a 34 percent increase from the same quarter in 2016, when the company made 478 million euros ($520 million). The relative volume of the stock is 3.03, while its market cap is $17.8 Billion. (PPP) are trading -82.32% downward from the 52-week high m...

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  • To start 2017, T-Mobile added 1.1 million customers and continued expanding
To start 2017, T-Mobile added 1.1 million customers and continued expanding

T-Mobile US had a return on equity of 7.21% and a net margin of 3.87%. Earlier in the year reports had surfaced that SoftBank Group, the controlling shareholder of Sprint, the fourth biggest wireless carrier in the United States had strategically positioned itself for talks with Deutsche Telekom, the biggest shareholder in T-Mobile US once the ba...

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  • BOJ keeps monetary policy unchanged, says 2020 Games to help
BOJ keeps monetary policy unchanged, says 2020 Games to help

The bank maintained its cautious stance on inflation, however. Japan's economy grew by 1.2% on Y-o-Y basis, in the October to December quarter, as per the data revised in last month. "Talking about a specific exit strategy now would cause undue confusion in markets", he said. Japan's economy has shown signs of life, as exports rose the most in ...

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  • Twitter stock soars 10% after beating expectations for revenue and user growth
Twitter stock soars 10% after beating expectations for revenue and user growth

Average monthly active users reached 328 million, up 6% vs. 4% in the prior quarter, while daily active users jumped 14% compared to the same time past year. Trump's tweets generate headlines on a daily - if not hourly - basis, ensuring Twitter is constantly in the news cycle. Twitter executives, pointing to its growth in monthly active us...

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  • The Guardian Investment Management Has $498000 Stake in Freeport-McMoRan Inc (FCX)
The Guardian Investment Management Has $498000 Stake in Freeport-McMoRan Inc (FCX)

The number of shares now held by investors is 1.45 Billion. In most recent quarter, LT Debt/Equity ratio was listed at 2.45 and Total Debt/Equity ratio was noted at 2.65. This is an increase of approximately 134% compared to the typical daily volume of 17,848 call options. (FCX) for the next year 5 years is 59.36 percent (per annum), as compare...

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  • Honeywell (HON) Beats on Q1 Earnings, Revenue Estimates
Honeywell (HON) Beats on Q1 Earnings, Revenue Estimates

Guggenheim Capital LLC raised its stake in Honeywell International by 11.1% in the fourth quarter. The company's stock had a trading volume of 2,039,408 shares. Earnings per share (EPS) breaks down the profitability of the company on a single share basis, and for Honeywell International Inc . the EPS stands at 1.66 for the previous quarter, while...

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  • PPG makes third and
PPG makes third and "last" offer to buy AkzoNobel

However, the company is under pressure from shareholders to embrace the deal, with activist investor Elliott Advisors calling for an extraordinary general meeting (EGM) where investors can vote to remove AkzoNobel chairman Antony Burgmans.

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  • Turkish military says struck PKK targets in Iraq's Sinjar and northeast Syria
Turkish military says struck PKK targets in Iraq's Sinjar and northeast Syria

Turkey launched the operation in August to fight the Islamic State group and to keep the YPG in check. Turkish air strikes targeting local armed groups in northern Iraq killed six members of Kurdish security forces in an apparent accident on Tuesday, a senior official said.

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  • Finisher Dhoni does it again, clinches last-ball win for Pune
Finisher Dhoni does it again, clinches last-ball win for Pune

In Pune tonight, Dhoni blasted 57 from 33 balls, and hit a boundary on the final ball of the match , to hand the Rising Pune Supergiant franchise a memorable victory against the Sunrisers Hyderabad . In the following four matches , McClenaghan has picked up 9 wickets and has conceded runs at an economy of 7.33. Fleming also mentioned that Dhon...

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  • Le Pen, Macron Leading in French Presidential Vote
Le Pen, Macron Leading in French Presidential Vote

She suggested that "the French people now have a very simple choice: either we continue on the path to complete deregulation, or you choose France". An Ipsos-Sopra Steria poll published by French media, including the daily Le Monde, projected Macron with 23.9 percent while putting Le Pen at 21.7 percent.

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  • United CEO will not add chairman title as planned
United CEO will not add chairman title as planned

The 69-year-old David Dao was one of the passengers and he was injured and taken to hospital after he was dragged away by police. It sparked calls for a boycott and even parody adverts from rival companies. Munoz now serves on the company board and was slated to chair it in 2018. His compensation was more than three times the $5.8 million he receiv...

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  • Tatas, ITC to battle it out for Delhi's Taj Mansingh
Tatas, ITC to battle it out for Delhi's Taj Mansingh

The Supreme Court today allowed civic agency New Delhi Municipal Council (NDMC) to e-auction the iconic Taj Mansingh hotel, presently run by the Indian Hotels Company Ltd (IHCL). Earlier, the court had asked IHCL, which challenged the Delhi High Court order allowing the auction of Taj Mansingh, to file objections, if any. The apex court had asked...

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  • One dead, three injured in accident near Kashmere Gate ISBT
One dead, three injured in accident near Kashmere Gate ISBT

Police said they were driving beyond 100 km/hr when the accident took place, though the boy claimed he was driving at 70 km/hr. The speeding vehicle climbed on the footpath near the ISBT Hanuman Mandir and mowed down several people sleeping there.

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  • OPEC Raises 2017 World Demand Growth Forecast
OPEC Raises 2017 World Demand Growth Forecast

Opec is considering whether to extend the supply cut deal beyond June and most members, including Saudi Arabia and Kuwait, are leaning towards this if all producers, including non-Opec also agree, Opec sources told Reuters last month. "Positive momentum continued in the country's private sector as suggested by Stanbic IBTC Bank Nigeria PMI", O...

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  • Trump to sign two financial executive orders on Friday
Trump to sign two financial executive orders on Friday

Of course, both SIFI designation and liquidation authority would also presumably be reviewed under the executive order Trump signed in February to review the entire Dodd-Frank law. He said Senate lawmakers, so far, share the same objectives, including making USA business taxes more competitive. "We'll be having a big announcement on Wednesday hav...

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  • Volkswagen to pay $2.8 billion in US diesel emission scandal
Volkswagen to pay $2.8 billion in US diesel emission scandal

Volkswagen admitted to conspiring for almost a decade to deceive US officials with illegal software that allowed vehicles to pass government emissions tests and then pollute far beyond legal limits on the road. Volkswagen, which pleaded guilty to three felony counts, will be on probation for three years and will be overseen by a corporate complian...

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  • Tamil Nadu CM removes beacon light from his car
Tamil Nadu CM removes beacon light from his car

Vehicles used in emergency services would need to use a blue beacon with a flasher. Subsequently, Union Finance Minister Arun Jaitley said that the rule that lets state governments to use blue beacons with flashers is also being changed to ensure that these are used only with emergency services.

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  • CP says Ontario will levy 15% tax on foreign home buyers
CP says Ontario will levy 15% tax on foreign home buyers

Modelled on British Columbia's " foreign buyers' tax " in Vancouver, the levy would apply to home purchasers in the so-called Greater Golden Horseshoe who are not citizens or permanent residents. A tax on assignments would be a good step forward to limit speculation in the new construction market. "We sometimes get requests to buy multiple units, a...

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