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Brexit will damage United Kingdom and European Union, says Pierre Moscovici

What is a customs union and why does it matter? It means they decide not to impose tariffs (taxes on imports) on each other's goods and agree to impose common external tariffs on goods from countries outside their customs union. However, we will push the Government to guarantee whatever transition process is put in place ensures there is no cliff edge or gap in trade. Ireland is also going to see some additional trading costs, he said, because the United Kingdom will no longer be part of ...

Business

Samsung Galaxy S8: everything we think we know

In connection with the latest development, some users have reported receiving text messages informing them that their device will cease functioning at the end of this month. The phone comes with a 6GB RAM and 64GB of storage space, which is expandable to 256GB. So far, all we can say for sure is that the S8 will have some really small bezels.

Business

Yellen: Fed to increase interest rates over 3 years

The Fed raised short-term interest rates in December for only the second time in a decade to a range of 0.5pc to 0.75pc. A weaker yen helped Japanese stocks lead a broad advance across Asian markets as optimism was buoyed by Yellen's remarks on the economy but traders moved cautiously ahead of Donald Trump's inauguration on Friday.

Business

Netflix Wins Big After Reporting Record Quarter

The most expectant earnings per share estimate of the stock is set at $0.43 while the conservative estimates kept at $0.38 over the current year. In case of Revenue Estimates , 37 analysts have provided their consensus Average Revenue Estimates for Netflix , Inc.as 2.47 Billion.

Business

Dividend Stock At Glance: GameStop Corp. (NYSE:GME)

The company reported $0.49 EPS for the quarter, beating the Zacks' consensus estimate of $0.47 by $0.02. SunTrust Banks, Inc. reissued a "buy" rating on shares of Gamestop Corporation in a report on Wednesday, October 12th. (NYSE:TDW) for the current quarter is -452.4 percent. The 1-year price target of the company is 27.76. The projected growth estimate for the next quarter is -108.6 percent.

Business

Peculiar Activity & Volume Spotted in Shares of British American Tobacco plc (:BTI)

Stock performance in last five sessions is recorded as -1.97% while year to date (YTD) performance is -1.76%. About 20,610 shares traded hands. It has underperformed by 13.59% the S&P500. Beaufort Securities reissued a "buy" rating on shares of Imperial Tobacco Group PLC in a report on Thursday, November 10th. The analysts offering 12 month price targets for Reynolds American Inc .

Business

Messi's staff brands magazine interview as a lie

The offer is said to be one that indicates Barcelona's recognition of Messi as the world's best player, while reflecting the economic reality of the modern market - indicating a wage in excess of rival star Cristiano Ronaldo's £365,000 per week at Real Madrid.

Business

Tata Power's non-fossil operating capacity climbs to 3060 MW

In FY 2017, the Company's wind generation capacity increased by 82%, up from 591 MW in FY 2016 to 1074 MW in FY 2017. Tata Power Renewable Energy Ltd now has 1,876 MW of operating capacity, including 841 MW of wind, 915 MW of solar and 120 MW waste heat recovery.

Business

Vegemite Is Coming Home: Bega Dairy To Buy Vegemite From Mondelez

In notes for shareholders, Bega highlights that the Mondelez International grocery business holds 31% of the $550 million "spreads" market in Australia, with the business including Vegemite and KRAFT spreads like peanut butter, nut spreads and "ambient cheese spreads".

Business

International Business Machines Corporation (NYSE:IBM) and Bell Canada joining forces

Average Revenue Estimate for the current quarter is $18.54 Billion, according to consensus forecast of 14 analysts. They now have a Dollars 187 price target on the stock. They now have a United States dollars 170 price target on the stock. Covering research analysts have taken a stance on where they see International Business Machines Corporation (NYSE: IBM ) moving in the future.

Business

US launches trade action over B.C wine in supermarkets

Last year, the province opened up wine sales to select grocery retailers , provided they stock 100 per cent B.C. -grown VQA wine. "Canada and all Canadian provinces, including B.C., must play by the rules", Froman said. Imported wine from places like California can be sold only in the store-within-store model. If that fails, the US says it may request that the WTO establish a dispute settlement panel.

Business

Keep in touch with dividend stock: Verizon Communications (NYSE:VZ)

VZ has been the subject of several research reports. A total of 9,385,700 shares exchanged hands, whereas the company's average trading volume stands at 14.51M shares. The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 1st. This represents a $2.31 annualized dividend and a dividend yield of 4.42%.

Business

Pepsico, Inc. (NYSE:PEP) has industry P/E ratio of 39.03

Coca-Cola Company has a 12 month low of $39.88 and a 12 month high of $47.13. Earnings per share (ttm) for The Coca-Cola Company (NYSE:KO) according to Finviz Data is $1.65. Along with Coca-Cola, recognized as the world's best-known brand, The Coca-Cola Company markets four of the world's top five soft drink brands, including diet Coke, Fanta and Sprite.

Business

Fmr. President George H.W. Bush and wife Barbara hospitalized

Former first lady Barbara Bush was hospitalized Wednesday after experiencing fatigue and coughing, the Bush family spokesman said. Bush , 92, who acted as America's leader from 1989 until 1993, was admitted to Houston Methodist Hospital at the Texas Medical Center, local media reported on Wednesday (18Jan17).

Business

Yellen Sees "A Few" Rate Hikes Per Year Until 2019

While the Fed is close to its dual mandate of full employment and price stability, she can not project the specific timing of another rate hike, Yellen told the Commonwealth Club in San Francisco, California. She said that will depend on how the economy performs in the coming months. With regards to rate hikes she refrained from providing exact dates, but did note that she and her colleagues did "expect a few rate hikes a year" (presumably setting a pace beyond the current year as well).

Business

UK SC to issue Brexit ruling

The government will learn next Tuesday whether it has won its legal battle to get Brexit under way without the need for a vote by MPs. However, London's High Court decided last November that it would be unlawful for May to trigger Article 50 alone using executive powers known as "royal prerogative".

Business

Erasing Obama's legacy may not be as easy as Trump thinks

In fact, just a week before Election Day, only 34 percent of Americans said they approved of the real estate tycoon-turned politician. Although a 52 per cent majority say he is not qualified to be president, that number is an improvement for Trump in the poll .

Business

Cuomo warns Trump on 'pitfalls' of Obamacare repeal

This proposal appears to acknowledgment of the concerns raised after the arrest last September of top figures at two construction firms that both received hefty deals for economic redevelopment projects and also gave heavily to his re-election bid.

Business

Bega Cheese acquires Vegemite

Dairy group Bega Cheese will pay $460 million for most of Mondelēz International's Australia and New Zealand business, which sells a range of branded grocery products including Vegemite and KRAFT Mac & Cheese. Chairman Barry Irvin said the deal aimed to make Bega "a great consumer goods business". The diversification "adds stability to Bega Cheese ", Irvin added.

Business

What are Analysts report about: Northern Dynasty Minerals Ltd. (NYSEMKT:NAK)

The stock gained a consensus recommendation of 1 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. Weekly volatility of NAK is 8.37% and monthly volatility is 10.12%. For the quarter, the stock has changed 303.23%. 10788934 shares were traded on Northern Dynasty Minerals, Ltd.'s last session.

Business

Senior Cong leaders hit streets against demonetisation

Noting that demonetisation has hit hard agriculture, unorganised sector and small business operations, Patil said there should be complete restoration of money supply by removing the restriction of withdrawal of Rs 24,000 per week as people must enjoy the right to withdraw their own hard- earned money from banks.

Business

Canadian Pacific Railway Limited Q4 Earnings Advance 7%

Canadian National Railway Company ( NYSE:CNI ) opened at 70.30 on Thursday. The original version of this piece of content can be accessed at http://www.mareainformativa.com/canadian-national-railway-company-cni-rating-increased-to-neutral-at-bank-of-america-corporation/94899/.

Business

TD Ameritrade Holding Corporation (NASDAQ:AMTD) earnings expectations

AMTD has been the topic of several analyst reports. The biggest institutional shareholders in TD Ameritrade Holding Corporation include The Toronto-Dominion Bank which owns 223 million shares in the company valued at $7.86 B million. The first three quarters of 2016 did not see much growth in trading commissions, which can be attributed to decreased volatility in the market and increased competition from discount brokerages.

Business

Consumer agency sues student loan giant Navient

Specifically, the CFPB has charged that Navient repeatedly misapplies or misallocates borrower payments; that it "obscured" information borrowers need in order to stay in income-driven repayment plans (a repayment plan that caps a borrower's monthly payment at a set percent of his or her discretionary income); that it unfairly muddled the process for releasing a loan's co-signer; and that it steers struggling borrowers into forbearance - an option that allows borrowers to temporarily stop ...

Business

Which Analysts Are Watching Murphy Oil Corporation (NYSE:MUR)?

Deutsche Bank AG reissued a "buy" rating on shares of Marathon Oil Corporation in a research report on Friday, November 4th. Trust Co. of Vermont now owns 8,186 shares of the company's stock valued at $130,000 after buying an additional 2,700 shares in the last quarter.

Business

TheKinder Morgan Inc. (KMI) Short Interest Up 14.3% in October

Sell side analysts that regularly cover the stock have provided price targets and recommendations on Kinder Morgan , Inc. The company reported ($0.10) EPS for the quarter, missing the Zacks' consensus estimate of $0.15 by $0.25. Kinder Morgan saw an annual profit of $552 million versus a $227 million in 2015. They now have a Dollars 25 price target on the stock. The company's market capitalization is $50.34 billion.

Business

On the web: Lowe's to lay off over 2000 full-time workers

In November, Lowe's cut store employees hours as a way to cut costs. The staffing changes are meant to address the "dramatic shifts that are reshaping the retail landscape", spokeswoman Colleen Penhall said. According to a letter sent by company CEO Robert Niblock, Lowe's has made changes in its leadership structure and adopted a new staffing model to "align store staffing with customer demand, shift resources from back-of-the-store activities to customer-facing ones, and enhance our ...

Business

FTSE 100 nudges higher as pound slides on 'hard Brexit' fears

Sterling is struggling to hang on to the gains, however, and the pound is dropping once again against the dollar on Wednesday morning, resuming the pattern seen on the vast majority of trading days since the Brexit vote last June. The FTSE 100 index was down 0.3 percent by 0957 GMT. MSCI´s broadest index of Asia-Pacific shares outside Japan eased 0.5 percent, Japan´s Nikkei lost 0.6 percent and Shanghai shed 1.4 percent.

Business

Fed funds rate headed towards 3% over medium-term, Yellen says

The nation is near full employment and the economy is close to the inflation targets of the Federal Reserve , the Fed Bank's chairwoman, Janet Yellen, said Wednesday during a speech in San Francisco. "Wage growth has only recently begun to pick up and remains fairly low". Although inflation has been running below our 2 percent objective for quite some time, we have seen it start inching back toward 2 percent a year ago as the job market continued to improve and as the effects of a big drop ...

Business

Vodafone steps up tariff war with new data offer for 4G users

Reliance Jio has been a disruptive player since its arrival in the Indian telecom market with its aggressive data plans and discounts. Akheto Sema and Vodafone business head, Alok Verma during the launch of Vodafone SuperNettm 4G service at Hotel de Oriental Grand, Kohima, January 17 .

Business

Iran calls Trump's nuclear deal threats 'meaningless'

Security Council resolution, calling talk about renegotiation "meaningless". Rouhani compared talk of renegotiating its nuclear accord to "converting a shirt back to cotton". Trump has frequently called the Iran nuclear deal, negotiated by outgoing President Barack Obama's team, a "disastrous deal" and suggested cancelling it.

Business

Netflix Explores the Afterlife With Creepy New Trailer For "The Discovery"

With its dusky blue hue and unnerving cover of Roy Orbison's Only The Lonely, it seems safe to assume that this romance is not going to be the conventional type. Charlie McDowell directed the supernatural film after co-writing the script with the help of Justin Lader. Executive Producers are Julie Goldstein, Lucas Smith, Mike Goodridge, Dimitra Tsingou, Hunter Gray, McDowell and co-producer Erika Hampson.

Business

Citigroup Inc, Goldman Sachs Group Inc Beat Earnings Estimates For Q4

That compares with $1.27 a share a year earlier, when the firm reached a $5 billion settlement with the Justice Department over. Goldman said revenue from trading fixed-income, currency and commodities soared 78 percent to over $2 billion, making the business the biggest revenue driver for the firm.

Business

Majority of US Nationals Want Trump to Tweet Less

President-elect Donald Trump lashed out against NBC's Today show after they reported that the recent job announcements from major companies were already being created in the United States anyway. The Republican President-elect has said he plans to keep on tweeting when he takes office on Friday (Jan 20). Among independents, it's 67 per cent bad, 27 per cent good.

Business

Gold prices are up ahead of Trump's inauguration, but copper prices slide

Economic data due later Wednesday may tilt the market's assessment of the U.S. Federal Reserve's plan for interest-rate increases, now the primary driver for the gold market. Credit Suisse said in a note it remained "constructive" on gold prices, forecasting an average of $1,338/oz in 2017. The pound, already up more than 1 percent as May began a keenly-awaited speech that had been extensively leaked to media, surged 2.9 percent on the day to a 10-day high of $1.2398 in the hour that followed.


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