Finance

Morrison budget avoids serious tax reform

Income is required to grow 7.8 percent one year from now to AU$444.4 billion ($326 billion), and the shortfall to AU$29.4 billion ($21.6 billion). It was a bu...


Amazon is the 2nd most popular app among teens, higher than Instagram

Snap's net losses for the quarter soared from $104.6m (£80.9m) to $2.2bn, largely due to the costs of the IPO. "The connectivity issue is a real problem in ...


Intermediate Capital Group plc (ICP) Receives GBX 731.17 Consensus PT from Analysts

The Firm offers Social, Mobility, Analytics and Cloud (SMAC), Automation and Internet of Things (IoT) technologies. Compass Group plc (LON:CPG) has risen 6.88% ...


What Are Analysts Report About Applied Materials, Inc. (AMAT)

The manufacturing equipment provider reported $0.67 EPS for the quarter, topping the consensus estimate of $0.66 by $0.01. Newman Dignan & Sheerar Inc. Regions ...


North Korea Says it Will Seek Extradition of Plot Culprits

PUST, funded by evangelical Christians from overseas and opened in 2010, is known to have a number of American faculty members. The KCNA didn't say whether the ...


Ionis Pharmaceuticals Inc (IONS) Stock Rating Reaffirmed by BMO Capital Markets

The company reported $0.03 EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.10) by $0.13. Ionis Pharmaceuticals had a negative retu...


Subpoenas issued to Flynn associates in FBI's Russian Federation probe

Ms Yates confirmed reports that she had told the White House, six days into Mr Trump's administration, that Mr Flynn, a former military intelligence chief, ha...


Vehicle carrying Jeremy Corbyn runs over cameraman's foot

Conservative PM Theresa May will claim Labour has "deserted" working-class voters as she campaigns in the north east of England on Friday. Election coordinato...


Rounds: Senate health care bill 'a long ways' away

Senate defends writing health bill in private Intel chairman briefs Senate GOP after Comey firing MORE (R-Texas) said Thursday. Scalise, like Reed, is point...


Saudi Signals First Cut in Crude Supplies to Asian Customers

Inventories dropped by 5.79 million barrels last week, the American Petroleum Institute was said to report. Oil futures rose on Wednesday after Reuters report...


Vitol executive says oil market not seeing expected destocking

Bake told the S&P Global Platts Crude Oil Summit that while oil inventories were shifting, with cargoes moving from the Atlantic Basin into Asia, the overall dr...


NVIDIA's (NVDA) Equal Weight Rating Reaffirmed at Barclays PLC

Barclays PLC now has a $105.00 target price on the computer hardware maker's stock, up from their prior target price of $90.00. Companies in the Technology se...


House Speaker Paul Ryan pushes tax reform at event in New Albany

On the other we have Paul Ryan: Speaker of the House, fitness enthusiast , and general fan of taking away poor people's health care. By the time he left the sc...


Dismal results send Snap shares sliding

The performance echoed slides in Facebook and Twitter after they posted debut scorecards following their IPOs. On its first earnings call, CEO Spiegel focused...


Gunman calls ex-girlfriend as he unleashed terror by a pool

A childhood friend said he will miss the infectious smile of victim Monique Clark, who was devoted to her daughters, ages 2 to 13. "I have nothing but wonderf...


Bank levy plan a partial win for our side

It is understood they learned of the tax more than six hours before its unveiling. Banks are maintaining fierce opposition to the levy, which will hit Austral...


Less than picture perfect: Snap slumps on slowing user growth

Evan Spiegel, co-founder and chief executive, said on a conference call the company had been working on performance improvements and promoting its Android app, ...


Dybala: I would've liked to play with Zidane

Real progressed to the June 3 final with Juventus as a result of their first leg 3-0 win to claim a 4-2 aggregate result, but it didn't stop Simeone from expr...


Crude Oil Price Rises By 3%

Global oil prices surged after the Organization of the Petroleum Exporting Countries, OPEC, agreed in November with some other producing countries to curb suppl...


Barclays Capital Issues Price Target With 27.32% Upside On AstraZeneca PLC

They now have a GBX 275.00 price target on the stock. The stock of Aldermore Group PLC (LON:ALD) earned "Overweight" rating by Barclays Capital on Tuesday, Octo...


Numis Securities Gives Renishaw Price Target With Potential 5.44% Upside

They now have a GBX 6000.00 PT on firm. The equity research analysts at JP Morgan Cazenove have a target price per share of GBX 180.00 on CNA or -5.34% more dow...


Brian Molefe returns as chief executive of Eskom

The board met to discuss this and agreed to rescind the application, Eskom chairperson Ben Ngubane told the paper. Last month Brown blocked R30 million pensio...


Prudential plc (PRU) Insider John W. Foley Purchases 10 Shares of Stock

Henderson Public Ltd Liability Company reported 48,614 shares stake. The stock had a trading volume of 4,833,360 shares. Wilbanks Smith And Thomas Asset Mngmt L...


Snap Inc. Misses On Revenue In Q1

Rival Instagram, on the other hand, which was purchased by Facebook in 2012, reported 700 million users in April. Snap still may have an edge over Facebook ...


Snap's first earnings to shed light on battle with Facebook, Twitter

Snap's sales were up $38.8 million from a year ago - at $149.6 million in the first quarter of 2017. Analysts surveyed in advance by Yahoo Finance expected ...


Snapchat co-founders lose $2 billion after poor Q1

While Snap only added 8 million daily users in the first quarter, Instagram Stories added 100 million. The stock was down 23 percent as the call, a first for CE...


Snap Shares Tumble 24% After First Earnings Report

Snap had 166 million daily active users in the March quarter, an addition of just 8 million from the previous quarter. Snap said average revenue per user rose...


United vows to do better after passenger dragged from plane

Most lawmakers fly back and forth to Washington each week, and took the opportunity to recount in detail the kinds of frustrations customers routinely face, inc...


China to Get American Beef and Gas Under Trade Agreement

The deal was reached weeks after Chinese President Xi Jinping and Donald Trump launched a 100-day action plan on economic cooperation during their meeting at th...


Snapchat slapped: $6bn wiped off value as shares collapse

It also said that the company lost $2.31 per share, though most of that was due to expenses related to stock-based compensation. Meanwhile, the company has be...


500 million devices running Windows 10

That's up from 400 million the last time we got an update in September 2016. At its Build conference, it also revealed more developer support for its Univers...


France's Macron seen as United Nations ally

Macron, it is hard to discern what he offers the French people other than more of the same free market neoliberal policies that succeeded in deepening the count...


COMAC C-919: China's indigenously developed jetliner takes off

It was originally due to fly in 2014 before being delivered to buyers in 2016, but has been beset by delays blamed on manufacturing problems. The maiden flight ...


Fed holds key interest rate steady, downplays recent weak economic data

I think that signals that the Fed is looking past some of the soft data as likely being either weather related or seasonal or consistent with the trend that we'...


Candidates seek seats in France's parliament

The party plans to contest most - but not all - of the 577 seats in the National Assembly, the lower house of France's parliament. These elections had been ...


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