Finance


July 1 date with GST looks set as council clears all bills July 1 date with GST looks set as council clears all bills
- March 17, 2017

The progress made towards rolling out the Goods and Services Tax ( GST ) is encouraging but implementing the new tax regime on July 1 will be hard as the industry may not have sufficient time to prepare itself, said Sachin Menon Head-Indirect Tax, KPMG. (more...)
Tuesday: Blizzard flight woes peak; 8000 cancellations since Sunday Tuesday: Blizzard flight woes peak; 8000 cancellations since Sunday
- March 17, 2017

Almost all flights at New York City's three airports were canceled on Tuesday, with similar issues at Boston and Baltimore. The latest predictions are 18 to 24 inches. Siegel noted that many delayed travelers stayed informed about flights and schedules as airlines provided them with updates via text message. Kathy Pahanish of Executive Tour and Travel in Poland has been watching the big storm closely and has already adjusted travel arrangements for customers. (more...)
Audi and VW sites raided in emissions probe
- March 16, 2017

Audi's supervisory board last month expressed its support for Stadler, who has run the division since 2007, despite criticism of his handling of the scandal. "We will keep at it until this work is done", CEO Stadler said. Sales in European markets are not part of the investigation, the prosecutor's office said in a statement. (more...)
The Hot Stock: Citrix Systems Jumps 6.8% The Hot Stock: Citrix Systems Jumps 6.8%
- March 16, 2017

Three research analysts have rated the stock with a sell rating, fourteen have given a hold rating and six have given a buy rating to the stock. The company reportedly attempted to persuade Dell to buy it in 2015. Insiders own 0.48% of the company's stock. The company shows its Return on Assets (ROA) value of 9.1%. Net profit margin of the company was recorded at 15.7 percent, operating profit margin was 19 percent, whereas gross profit margin stands at 83.7 percent. (more...)
Shares of Frontier Communications Corporation (FTR) Sees Large Outflow of Money
- March 16, 2017

Therefore, stock prices are sometime established based on the expectations that prospective investors have for the future earnings power of the firm. Many research firms have provided their ratings on Frontier Communications Corporation (NASDAQ:FTR) where BofA/Merrill provided Neutral rating on the stock on 7-Mar-17. (more...)
Tillerson Used Email Alias As Exxon CEO
- March 15, 2017

This email address was used by him to receive and send climate change queries and other matters. "If they had nothing to hide", Jamie Henn , the communications director at climate change advocacy group 350.org, said , "than why the secret email account?" Exxon is seeking to derail probes by NY and MA into whether the company misled investors for years about the possible impact of climate change on its business. (more...)
The latest Immigration order is again about politics, not security The latest Immigration order is again about politics, not security
- March 15, 2017

Trump revised his order to overcome some of the legal hurdles by including exemptions for legal permanent residents and existing visa holders and taking Iraq off the list of countries covered by the order. District Judge James Robart to stop the new travel ban from taking effect on Thursday. U.S. District Judge James Robart told the federal government to quickly respond to Ferguson's claims but said he would not hold a hearing before Wednesday. (more...)
Winter Storm Stella flight cancellations: Thousands of flights canceled due to storm Winter Storm Stella flight cancellations: Thousands of flights canceled due to storm
- March 15, 2017

Up to 20 inches of snow might fall in North Jersey, as up to 2 inches per hour could accumulate during the height of the storm on Tuesday morning. More than 8,000 flights across the US have been canceled since Sunday, USA Today reported Tuesday. (more...)
Germany plans to fine social sites if they don't remove hate speech Germany plans to fine social sites if they don't remove hate speech
- March 15, 2017

Mr Maas said: 'We must increase the pressure on social networks. Maas and other members of conservative Chancellor Angela Merkel's ruling coalition have called for social networks to be held to higher content standards demanded of media broadcasters instead of hands-off rules applied to telecom operators. (more...)
Video of California Cop Beating Man and Pulling Gun Now Under Investigation Video of California Cop Beating Man and Pulling Gun Now Under Investigation
- March 15, 2017

Police responded at 3:13 p.m.to a call from a Valero gas station employee about a man acting erratically at the station at 1610 Fairgrounds Drive in the Country Club Crest area, Lt. In a statement to KRON News, a spokesman for the Vallejo Police Dept. said "It's important that no one make any assumptions without having all the available facts". (more...)
Scotland to seek second independence referendum, this time over Brexit
- March 14, 2017

The Prime Minister said the evidence showed that "a majority of the Scottish people do not want a second independence referendum ". Ms Sturgeon said she wants a vote to be held between the autumn of 2018 and the spring of the following year arguing that Scotland shouldn't be taken down the path of " hard Brexit " without being offered the alternative of an independence future inside the EU. (more...)
Gordmans to close 106 stores, including Champaign location Gordmans to close 106 stores, including Champaign location
- March 14, 2017

In 1975 the company opened another chain of stores called Half Price Stores, which it operated in conjunction with its Richman Gordman stores. Store executives said the chain's struggles were related to shoppers shifting from brick-and-mortar stores to online shopping and changes in customer demographics. (more...)
Marissa Mayer Leaps Off Glass Cliff With $23 Million Golden Parachute Marissa Mayer Leaps Off Glass Cliff With $23 Million Golden Parachute
- March 14, 2017

Thomas J. McInerney , a current Yahoo board member, will take over the reins as CEO after the sale is completed. Altaba will become an investment company running Yahoo's investments in Alibaba Group and Yahoo Japan, along with convertible notes, and non-core patents. (more...)
One Nation still viable in Qld One Nation still viable in Qld
- March 14, 2017

However, there remains significant debate about whether either of the Coalition parties should preference One Nation ahead of Labor or the Greens for example. "You've just got to take your medicine on that and move forward". However Mr Nicholls repeated his party's commitment to preference at the next election on a seat-by-seat basis. (more...)
Merkel's Washington visit to meet Trump postponed to March 17 Merkel's Washington visit to meet Trump postponed to March 17
- March 14, 2017

A month after U.S. Vice President Mike Pence delivered a message to Europe underscoring the importance of transatlantic ties, Tuesday's meeting will be scrutinized for clues on whether Trump fully endorses that message. Trump vowed during his campaign to withdraw from the climate agreement, suggesting that global warming is a hoax created by the Chinese to hurt USA competitiveness. (more...)
Jet Skiers Saved From Clash With Cruise Ship Jet Skiers Saved From Clash With Cruise Ship
- March 14, 2017

Around 4:45 p.m., Brevard sheriff's deputy and member of the SeaPort Security Marine Unit Tanner Primmer traveled in a rescue boat to the women to bring them to safety. The hazardous situation was made even more risky because of a nearby dredge and the wind that was pushing the women right in front of the ship's path. (more...)
Manhattan federal prosecutor Preet Bharara fired after refusing to step down Manhattan federal prosecutor Preet Bharara fired after refusing to step down
- March 14, 2017

A Justice Department statement said deputy USA attorneys will serve as interim replacements. That is why Bharara's possible departure is shocking to many people, including Assemblyman McLaughlin who said Bharara is good at weeding out corruption in Albany and elsewhere in NY. (more...)
Amazing Nintendo Switch Features You'll Love Amazing Nintendo Switch Features You'll Love
- March 14, 2017

Nintendo Switch hardware issues haven't stopped the console from selling out in the UK. In particular, the left Joy-Con seemed to be losing connection with the machine. Nintendo ( NTDOY ) isn't known to slash the prices too often, but with the Switch, its latest game console out in the market now, it's giving users of its old gaming systems a break. (more...)
Tribal Group plc (TRB) Set to Announce Earnings on Tuesday Tribal Group plc (TRB) Set to Announce Earnings on Tuesday
- March 13, 2017

The average twelve-month price objective among brokerages that have issued a report on the stock in the previous year is GBX 192.83 ($2.36). HSBC Holdings plc dropped their target price on Stagecoach Group plc from GBX 225 ($2.75) to GBX 205 ($2.51) and set a "hold" rating on the stock in a research report on Wednesday, January 11th. (more...)
Americans Now Prefer Bottled Water to Soda
- March 13, 2017

Bottled water has been enjoying growth for years, while sales of traditional sodas have declined. Bottled water consumption hit a high of 39.3 gallons per capita past year. Bottled water was a $16 billion industry in 2016, nearly triple what it was in 2000, according to BMC. As many as, 45% of the different brands of bottled waters, are sourced from municipal water supplies. (more...)
SEC Dashes Hopes of a Bitcoin ETF - For Now SEC Dashes Hopes of a Bitcoin ETF - For Now
- March 13, 2017

It had traded as high as to $1,303.15 in earlier Friday trading. Bitcoin's price plummeted after United States regulators rejected a proposal by the Winklevoss twins for a publicly traded fund based on the digital currency. Since then they have become major investors in the digital currency, which relies on mining computers that validate blocks of transactions by competing to solve mathematical puzzles. (more...)
The Rotork plc (ROR) Price Target Cut to GBX 260 The Rotork plc (ROR) Price Target Cut to GBX 260
- March 12, 2017

The stock now has an average rating of "Buy" and a consensus target price of GBX 1,571.46 ($19.22). One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. (more...)
You're Not Going To Recognize Starbucks' New Spring Cups You're Not Going To Recognize Starbucks' New Spring Cups
- March 12, 2017

Starbucks customers will soon have a new coffee cup to collect. But these are the first to celebrate spring's arrival. The new cups are pastel with large white dots in the middle. We bet you can easily conjure that white cup with the green mermaid logo to your mind's eye in an instant. Hurry, though - you'll only be able to snag one (or two or three, depending on your coffee addiction) of these cups for a few days. (more...)
Finisar Corp. (FNSR) Issues Earnings Results, Beats Expectations By $0.12 EPS Finisar Corp. (FNSR) Issues Earnings Results, Beats Expectations By $0.12 EPS
- March 12, 2017

Revenues jumped 23.1% from previous year to $380.6 million, but missed the $389.69 million that analysts expected. The company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.62 by $0.03. Vanguard Group Inc is the second biggest holder with 8 million shares now valued at 251.59 million whilst Capital World Investors has 8 million shares valued at 236.47 million. (more...)
Nuclear Hogs: Radioactive Wild Boars Running Amok Around Fukushima; Hunters Deployed Nuclear Hogs: Radioactive Wild Boars Running Amok Around Fukushima; Hunters Deployed
- March 12, 2017

The anniversary comes as Prime Minister Shinzo Abe's government and electric companies are actively seeking to restart nuclear plants shut down following the disaster. "Wild boars in this town are not scared of people these days", said hunter Shoichiro Sakamoto to Reuters . Yeah, and don't forget about those hundreds of ill-tempered, radioactive boars running around. (more...)