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China criticizes North Korea, praises U.S. on nuclear issue

Those possibilities include defensive exercises or Chinese concerns over North Korea. Mattis credited China with trying to help get the North Korea situation "under control" with the goal of denuclearizing the Korean Peninsula. military presence to China's borders. Mattis denounced North Korea's attempted missile launch as he began a Middle East tour, telling reporters traveling with him to Saudi Arabia, "the leader of North Korea again recklessly tried to provoke something by launching a ...

Business

Trump condemns Holocaust deniers, anti-Semitism

President Donald Trump condemned anti-Semitism and Holocaust denial at a ceremony inside the U.S. Capitol Rotunda on Tuesday. Speaking at the Holocaust Memorial Museum in Washington, D.C., Trump memorialized the late Holocaust survivor and Nobel laureate Elie Wiesel and said it was humanity's duty to never forget the Nazi regime's crimes.

Business

Donald Trump proposes biggest tax cut to bolster job prospect in US

Trump officials have offered varying explanations for why the president does not disclosure his returns. His daughter and son-in-law, both White House advisers, are also holding onto significant business assets. Short said the administration didn't want to set a firm timeline, after demanding a quick House vote on a health care bill and watching it fail. On the other hand, it would trim other deductions, including for state and local tax payments, a change that could alienate lawmakers in ...

Business

Prudential plc 29.9% Potential Upside Indicated by Berenberg

The correct version of this article can be viewed at https://transcriptdaily.com/2017/04/25/intercede-group-plcs-igp-corporate-rating-reiterated-at-finncap.html. Numis Securities maintained Weir Group PLC (LON:WEIR) on Friday, February 12 with "Hold" rating. The rating was downgraded by Loop Capital to "Hold" on Thursday, March 2.

Business

Ford 1Q earnings down on recalls, lower sales; revenue rises

Ford said it had 14.1% of the North American market, down 0.5 points from past year. In February for example, Ford announced it would invest $1 billion over the next five years to take a majority stake in Argo AI, an autonomous driving startup headed by former employees of Google and Uber.

Business

China launches second aircraft carrier

China now has only one operational aircraft carrier , the Liaoning , which was built more than 25 years ago by the Soviet Union. In the past few decades, India and China have taken different paths in terms of aircraft carriers , but the different results achieved by the two countries point to the underlying importance of economic development.

Business

Under Armour Inc (UAA) Stock Rating Reaffirmed by Credit Suisse Group AG

Finally, Credit Suisse Group AG downgraded shares of Under Armour from a "neutral" rating to an "underperform" rating and reduced their price target for the company from $29.00 to $17.00 in a report on Tuesday, January 31st. If you are reading this report on another site, it was illegally copied and republished in violation of U.S. & global copyright legislation. Hedge funds and other institutional investors have recently modified their holdings of the company.

Business

Caterpillar, Inc. (NYSE:CAT) Under Analyst Spotlight

Caterpillar (NYSE: CAT ) traded up 0.23% during trading on Wednesday, hitting $104.66. Integrated Wealth Management increased its stake in Caterpillar by 34.6% in the third quarter. On average, analysts forecast that Caterpillar Inc . will post $3.26 EPS for the current year. Shareholders of record on Monday, April 24th will be issued a dividend of $0.77 per share.

Business

Kane's focus on Tottenham not Chelsea in title run

Narrow victory at Crystal Palace, courtesy of Christian Eriksen's solitary goal 12 minutes from time, proved his side's strength of character following an FA Cup semi-final defeat and Chelsea's win the night before, and maintained the momentum they have built up since late February.

Business

Apple to test self-driving cars in California

The permit allows Apple to test drive three different vehicles with six different "drivers" sitting behind the wheel. Recent reports indicate Apple may not be building its own autonomous auto, but is rather focusing on developing self-driving software to be implemented in partnership with existing automakers.

Business

United Airlines CEO answers lawmakers on passenger dragging incident

But the ten month old and 3 foot long rabbit named Simon was found dead when arrived to the United States city. The changes being implemented by United are unlikely to end the public relations backlash that continues to dog the airline nearly three weeks since the incident involving Dao.

Business

Obama Makes First Public Speech Since Leaving Office

Without getting overtly political on this topic, Obama made it clear that it's up to young people to take charge and create the country they want, echoing the tone of his final presidential speech in January. For the most part, Obama and former first lady Michelle Obama have steered clear of the public spotlight since leaving the White House. He has tweeted a few times and issued a few statements through a spokesman, notably to defend his signature domestic policy achievement, health care ...

Business

Mnuchin: Trump's tax plan is a 'middle-income tax cut'

The plan would also reduce the tax rate for "pass-through" businesses, which include partnerships of doctors and lawyers and sprawling real estate partnerships like those Trump ran himself. And Bush's tax cuts put the nation on vulnerable fiscal footing, depriving the government of revenue as the United States waged two wars and faced a financial crisis.

Business

France's Le Pen steps down as party leader

Le Pen and liberal centrist Macron will face off in the second round vote on May 7, neither of them bound to a traditional party. The candidate for the extreme-right traveled Wednesday to the Whirlpool site in Amiens while, a few kilometers away, Macron spoke, as planned, with union delegates from the enterprise.

Business

BOJ keeps lax monetary policy, forecasts steady growth

At a post-meeting news conference due 0630 GMT, BOJ Governor Haruhiko Kuroda is likely to remind markets the Japanese central bank is nowhere near an exit from its massive stimulus, analysts say. Market expectation was for retail sales to remain unchanged. Kuroda voiced confidence that continued improvements in the economy will eventually boost wages and inflation, but conceded that progress has been slow.

Business

Why Trump tax cut may not deliver the boost White House says

The top tax rate for individuals would be cut by a few percentage points, from 39.6 percent to the "mid-30s", said an official with knowledge of the plan . He had previously set up his own company, according to state media reports . But for the AMT, he would have only paid about $5.3 million. Repealing that deduction would be worth as much as $1.3 trillion over the next decade, based on an analysis by the Urban-Brookings Tax Policy Center, a Washington policy group.

Business

France Presidential Election 2017: Emmanuel Macron gets heckled by Le Pen supporters

Soon after the results of the first round, Le Pen visited Paris' main wholesale food market and gave a TV interview, in which she accused Macron of lacking love for his own country and representing "runway globalisation". He finished ahead of Le Pen, 48, in the first round on Sunday. Meanwhile Macron, a former economy minister, is widely expected to win the run-off vote on 7 May.

Business

Trump tax plan: Slash corporate and individual tax rates

Also unclear is how current tax breaks for child care will be restructured. Treasury Secretary Steven Mnuchin , right, joined by National Economic Director Gary Cohn, center, and White House press secretary Sean Spicer speaks in the briefing room of the White House in Washington , Wednesday, April 26, 2017.

Business

PayPal shares climb on strong quarterly financial results

The company now has a consensus rating of "Buy" and a consensus target price of $45.57. The legal version of this report can be viewed at https://www.themarketsdaily.com/2017/04/26/paypal-holdings-inc-pypl-shares-sold-by-highland-capital-management-llc-updated.html.

Business

Deutsche Bank executive warns Brexit could endanger 4,000 jobs

If you look at the company's income statement over the past years, you will see that the company is constantly posting gross profit: In 2014, DB earned gross profit of 0, in 2015 0 gross profit, while in 2016 Deutsche Bank AG (DB) produced 0 profit.

Business

ASEAN leaders likely to go soft on sea feud in Manila summit

China has built runways, hangars and placed radars and surface-to-air missiles on seven islands in defiance of the 10-member Association of South-East Asian Nations (ASEAN), which a year ago issued a statement emphasising the importance of "non-militarisation and self-restraint in the conduct of all activities, including land reclamation".

Business

Trump's Approval Rating Hits 41 Percent In Latest CBS Poll

The Elon Poll found 56 percent of North Carolina voters think Trump has been true to his pledges, even while almost 60 percent disagree with one of them - the plan to build a wall along the Mexican border. Survey results have a margin of error of +/- 4.36 percentage points. Trump's downturn could be a bad omen for the state's Republicans up for re-election in 2018, Husser said .

Business

BJP sweeps Delhi civic polls, AAP alleges EVM tampering

The AAP's rout comes more than two years after the Delhi Assembly Elections when the fledgling political outfit humiliated the BJP winning 67 of the 70 Delhi Assembly polls when it got a huge 54 percent of the votes. There are around eight municipal workers unions in the city, of which two are directly or indirectly associated with the Rashtriya Swayamsewak Sangh - tghe ideological parent of the BJP - and the Congress, while the others claim to be politically independent.

Business

ECB unlikely to signal stimulus end, despite French optimism

ECB President Mario Draghi has stressed that there are still too many downside risks to the outlook to start scaling back its aggressive easing program, including political uncertainty amid the rise of populist, anti-EU parties in Europe. In a departure from the bank's long-held, more pessimistic stance, ECB board member Benoit Coeure, a key ally of Draghi, recently argued that the balance of risk for the economy is now largely balanced.

Business

HSBC Holdings plc Reiterates "Hold" Rating for Intertek Group plc (ITRK)

Credit Suisse Group AG reissued an outperform rating and issued a GBX 3,450 ($44.11) price objective on shares of Johnson Matthey PLC in a report on Friday, February 3rd. The rating was maintained by Cantor Fitzgerald on Tuesday, October 4 with "Hold". Deutsche Bank maintained it with "Buy" rating and GBX 575 target in Monday, January 4 report.

Business

Noble's (NE) Buy Rating Reiterated at Jefferies Group LLC

Analysts give WY a mean recommendation of 1.90. Seaport Global Securities upgraded Noble from a "neutral" rating to a "buy" rating in a research note on Tuesday, March 7th. Consensus earnings estimates are far from flawless, but they are watched by many investors and play an important role in measuring the appropriate valuation for a stock.

Business

Las Vegas Sands Corp

This represents an increase of approximately 906% compared to the typical daily volume of 300 put options. A number of equities research analysts have recently commented on the company . (NYSE:LVS) opened at 59.26 on Thursday. Shares are trading 6.65% above their 50-day moving average, and 8.42% below their 200-day moving average. The firm has a market capitalization of $47.10 billion, a P/E ratio of 28.22 and a beta of 1.91.

Business

Popular deduction in Maryland would be ended by Trump tax plan

His ambitious plan would reduce investment and estate taxes, helping the wealthy. More lower-income Americans would pay no tax at all, and there would be relief - still undefined - for families with child care expenses. Still, the proposal leaves a series of open questions that could affect its impact on taxpayers and the economy. "We are going to cut taxes and simplify the tax code by taking the current 7 tax brackets we have today and reducing them to only 3 brackets", Cohn said.

Business

White House: Trump says US will not withdraw from NAFTA

The White House is considering announcing US's unilateral withdrawal from the NAFTA signed with Mexico and Canada, media reports said on Wednesday citing a draft of the executive order, which is under discussion. Some saw the threat as posturing by Trump to gain leverage over Mexico and Canada as he tries to negotiate changes to the deal. "My practice is to comment on things we've actually done or are doing as opposed to commenting on rumors", Ross told reporters at an unrelated White House ...

Business

Oil falls as USA data renews concerns about global glut

US crude stocks fell 1 million barrels in the latest week, according to the US Energy Information Administration , less than anticipated. Crude inventories fell 1.03 million bbl to 532.3 million last week, the agency reported Wednesday.

Business

What Hill Republicans think of Trump's tax plan

Trump's tax reform principles also did not discuss some of the provisions in the House GOP plan created to pay for lowering tax rates. "Successful #taxreform will create more tax payers, help #smallbusiness & #JumpstartAmerica". The Trump team stressed the benefits that might flow to small businesses. Almost 75 percent of pass-through income flows to the 10 percent wealthiest taxpayers, according to the liberal Center on Budget and Policy Priorities.

Business

Uber takes to the skies with next ride-hailing project

Fort Worth-based Bell Helicopters is one of several companies working to develop the electric aircraft in a partnership with Uber . Flying , electric taxis are now under development and are under the surveillance of many airlines, including Embraer and Bell Helicopter.

Business

Hundreds of startups call on FCC to preserve net neutrality

In a preliminary one-sheet proposal, Pai announced his intention to undo a 2015 classification that made the internet a government-regulated utility akin to telephone services. That effectively gives the FCC the authority to regulate practices that may violate the net-neutrality laws, but aren't explicitly covered by the laws themselves.

Business

Comcast earnings beat as it gears up for wireless

Spirit Of America Corp New York stated it has 0.11% in Comcast Corporation (NASDAQ:CMCSA). Adirondack Trust Co. raised its position in Comcast by 25.1% in the third quarter. Comcast's payout ratio is now 30.81%. If you are viewing this piece on another publication, it was copied illegally and reposted in violation of US and global trademark & copyright legislation.

Business

Nielsen Holdings plc Earnings & Price Target Update

Zacks Investment Research upgraded shares of Nielsen N.V. from a "sell" rating to a "hold" rating in a research note on Wednesday, April 12th. Cantor Fitzgerald set a $48.00 price target on Nielsen N.V. A total of 2.39 million shares exchanged hands as contrast to its average trading volume of 2.24 million shares. The consensus numbers take into account the reports from over 160 brokerage firms.


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