Business

President Trump set to take questions alongside Swedish prime minister

President Trump set to take questions alongside Swedish prime minister Trump's Administration hopes to impose these tariffs within the next couple weeks. Describing itself as a key ally of the USA through the bilateral North American Aerospace Defence Command (NORAD) and NATO, Canada has been seeking an exemption, but has also threated to retaliate if the US does indeed go ahead with tariffs on Canadian steel and aluminium. [Full Article...]

E.ON reaches agreement in principle with RWE to acquire innogy

E.ON reaches agreement in principle with RWE to acquire innogy RWE said in a statement: "Binding agreements have not yet been concluded". The agreement foresees Eon acquiring the entire 76.8% stake in Innogy from RWE. Innogy listed in 2016 as the renewables, grids and retail operations unit of RWE. Innogy reported a 3 percent rise in 2017 adjusted operating profit and said it would propose a dividend of 1.60 euros per share for 2017, unchanged from a year... [Full Article...]

Intel mulls possible takeover bid for Broadcom

Intel mulls possible takeover bid for Broadcom Although Intel no longer develops SoCs for smartphones, it still manufactures other components, like cellular radios and the combination of Broadcom and Qualcomm could mean a serious threat to the company. In a report by CNBC, a spokeswoman for Intel said that the company does not comment on deal chatter. Earlier this week, the U.S. Committee on Foreign Investment was reported to be consider... [Full Article...]

Melrose ups GKN bid to £8.1bn in 'final offer'

Melrose ups GKN bid to £8.1bn in 'final offer' Under a previous offer , GKN shareholders would have received 1.49 new Melrose shares. Melrose reiterated investors had until March 29 to accept the new offer. "Following the (Dana) transaction, GKN shareholders will own 47 percent of a $14 billion revenue global automotive group and will retain ownership of GKN's outstanding remaining businesses", said GKN Chairman Mike Turner. [Full Article...]

Trump considers ex-Microsoft exec as top economic adviser

Trump considers ex-Microsoft exec as top economic adviser Cohn, who heads the National Economic Council, had purportedly debilitated to leave after Trump's combustible remarks following the unsafe race revolt in Charlottesville, Virginia. Although he has agitated for aggressively protectionist trade policy since joining the Trump campaign in 2016, the tariffs are his first key victory. [Full Article...]

Paul Ryan Urges More 'Surgical' Approach to Steel, Aluminum Tariffs

Paul Ryan Urges More 'Surgical' Approach to Steel, Aluminum Tariffs Trump, in an Oval Office meeting with Israeli Prime Minister Benjamin Netanyahu, said Monday that he wouldn't back down on his proposals. "We need to have a strategy in place to negotiate a good trade deal around NAFTA and to make sure the Canadian market is protected from unfair trading practices from other countries", says MacLean. [Full Article...]

The Hill: Trade Adviser Peter Navarro Ascends in Trump White House

The Hill: Trade Adviser Peter Navarro Ascends in Trump White House Advisers argue that tales of Trump's freelancing are exaggerated and that in many cases - as with tariffs - he is following through on long-stated promises. President Donald Trump's sharp turn toward protectionism over the last week has been a victory for advisers such as Peter Navarro and Wilbur Ross, who had been pushing the president to slap tariffs on foreign goods. [Full Article...]

Traders Alert: The Bank of New York Mellon Corporation (BK)

Chesley Taft & Associates LLC now owns 41,838 shares of the company's stock valued at $2,381,000 after buying an additional 2,075 shares during the last quarter. Markston Intl Lc stated it has 0.46% in The Bank of New York Mellon Corporation (NYSE:BK). Central Secs holds 3.63% or 400,000 shares in its portfolio. [Full Article...]

Parametrica Management Ltd Takes Position in Gilead Sciences, Inc. (GILD)

The stock increased 1.00% or $1.68 during the last trading session, reaching $170.05. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since March 11, 2017 and is uptrending. Therefore 14% are positive. Gilead Sciences Inc . (NASDAQ: GILD ) reported its EPS in the last quarter as $1.78/Share beating the analyst estimate of $1.67/Share by a difference of $0.11. [Full Article...]

Lottery: Powerball, Mega Millions jackpots both over $300M

Lottery: Powerball, Mega Millions jackpots both over $300M The jackpot for Friday's Mega Millions drawing is at $290 million. The prize amount has grown steadily since the January 6 Powerball drawing. The holder of the ticket has since gone to court to preserve her anonymity . California lottery prizes vary depending on ticket sales and number of winners and differ from the fixed prizes offered in other participating Powerball states. [Full Article...]

Wal (WMT) Shareholder Schwab Charles Investment Management INC Lowered Holding

Wal (WMT) Shareholder Schwab Charles Investment Management INC Lowered Holding Shares of Walmart Inc (NYSE: WMT ) opened at $87.74 on Thursday. It has outperformed by 8.45% the S&P500. Saratoga Research & Investment Management decreased its stake in Wal ( WMT ) by 99.99% based on its latest 2017Q3 regulatory filing with the SEC. [Full Article...]

Analyst Research and Ratings: Halliburton Company (HAL), Spectra Energy Partners, LP (SEP)

Alleghany Corporation (NYSE:Y) has risen 7.94% since March 8, 2017 and is uptrending. It has underperformed by 4.16% the S&P500. Bank Of Nova Scotia increased its stake in Comcast Corp New (CMCSA) by 57.95% based on its latest 2017Q3 regulatory filing with the SEC. [Full Article...]

Shareholder Capital World Investors Increased Intel Corp (INTC) Stake

The Northwestern Mutual Wealth Management Company holds 371,636 shares with $19.92M value, up from 354,943 last quarter. Intel Corp now has $229.23B valuation. Parsons Capital Ri holds 238,536 shares or 1.07% of its portfolio. Moreno Evelyn V stated it has 20,465 shares or 1.92% of all its holdings. Fulton Fincl Bank Na reported 93,293 shares or 0.26% of all its holdings. [Full Article...]

Karnataka police registers case against actress Sindhu Menon

Karnataka police registers case against actress Sindhu Menon Her last few films were Prema Pilusthondi, Subhadra in Telugu, and Manjadikuru in Malayalam. An FIR has been registered against her at the RMC Yard police station and the cops have arrested two people, including her brother Manoj Karthikeyan Varma, in connection with the case. [Full Article...]

Women Are 217 Years Away From Equal Pay

Women Are 217 Years Away From Equal Pay As International Women's Day was marked around the world yesterday, Labour Senator Ivana Bacik has called for the progression of Labour's Gender Pay Gap Information Bill. "Men with 11 and more years of experience earned 25 % higher median wages than women", a statement said. Interestingly, there is a marginally inverted pay gap in the experience group of 3-5 years, where women are earning more. [Full Article...]

Ex-RTE Producer jailed for 18 months

Ex-RTE Producer jailed for 18 months When arrested on November 18 following the sting operation by Predator Exposure, he had a list of names of young girls, two boxes of condoms and two mobile phones. Their conversations included details of his role in the film and TV industry and quickly turned sexual in nature. Kieran Creaven will appear in court on Friday. [Full Article...]

Toronto Dominion Bank Has $3.08 Million Position in NXP Semiconductors NV (NXPI)

Bank Of Stockton who had been investing in Nike Inc. for a number of months, seems to be less bullish one the $107.87B market cap company. The company has a current ratio of 2.22, a quick ratio of 1.77 and a debt-to-equity ratio of 0.42. It also reduced its holding in Wells Fargo & Co (NYSE:WFC) by 500,000 shares in the quarter, leaving it with 682,206 shares, and cut its stake in Apple Inc. [Full Article...]

Shares in Ulta Beauty Inc (ULTA) Acquired by Roystone Capital Management LP

The stock increased 0.14% or $0.29 during the last trading session, reaching $203.35. About 493,002 shares traded. It has outperformed by 13.04% the S&P500. De Burlo Group Inc, which manages about $619.44 million and $451.20M US Long portfolio, upped its stake in Marathon Pete Corp (NYSE:MPC) by 37,500 shares to 68,600 shares, valued at $3.85 million in 2017Q3, according to the filing. [Full Article...]

Watson Sells 131447 Shares of Comcast Co. (CMCSA) Stock

Clear Perspective Advisors LLC now owns 2,722 shares of the cable giant's stock worth $106,000 after buying an additional 1,362 shares in the last quarter. Point72 Asia (Hong Kong) Limited has invested 0% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). National Planning Corporation reported 17,037 shares. [Full Article...]

The Weekly Investment Analysts' Ratings Changes for Home Depot (HD)

The Weekly Investment Analysts' Ratings Changes for Home Depot (HD) The stock increased 0.31% or $0.55 during the last trading session, reaching $179.13. Among new and sold out positions, 283 holders initiated new positions by a total of 4.63 million shares and 62 holders exited their positions by a total of 4.95 million shares. [Full Article...]


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