Business

Shop at Costco? Your membership will cost more this year

Finally, Susquehanna Bancshares Inc started coverage on shares of Costco Wholesale Corporation in a report on Friday, February 10th. They set a "market perform" rating and a $170.00 price target on the stock. A consensus forecast of financial analysts surveyed by S&P Capital IQ had expected income of almost $596.7 million, or $1.36 per share. For the full 2017 fiscal year, EPS is expected to c... [Full Article...]

Police search for boy, five, in Murray river as woman arrested

Police search for boy, five, in Murray river as woman arrested Detective Sergeant Swinton of New South Wales police said the suspect admitted to witnesses she needed to "drown her babies". It is understood the nine-year-old boy sustained several dog bites but it allowed him to escape the water. He said the mother arrived at a property on Perricoota Road - adjacent to the river - in the mid to late afternoon on Thursday with her two sons, aged 9 and 5. [Full Article...]

EPA Withdraws Information Request for the Oil and Gas Industry

EPA Withdraws Information Request for the Oil and Gas Industry This action also comes after the agency received a letter on March 1, 2017, from nine state Attorneys General and the Governors of MS and Kentucky, expressing concern with the pending Information Collection Request for Oil and Gas Facilities. [Full Article...]

How quickly will the Federal Reserve tighten?

How quickly will the Federal Reserve tighten? USD/CAD reached its fifth consecutive day of higher highs and higher lows and could make it a sixth day if it can convincingly breach 1.3400. What is different this year is that traders are actually falling into line with the March rate-hike view and the Fed's current forecast for three rate hikes this year. [Full Article...]

YouTube launches live TV subscription service

YouTube launches live TV subscription service Now the new service streams ABC, CBS, FOX, NBC, ESPN, regional sports networks and several other cable channels. The base package will contain about three dozen channels. YouTube TV , scheduled to launch in the coming months, will cost $ 35 per month for an account open to six different users and will compete with the "restricted packages" offered by Dish or AT & T cable operators. [Full Article...]

Feds Search Caterpillar HQ In Peoria, 2 Other Company Sites

Feds Search Caterpillar HQ In Peoria, 2 Other Company Sites The FDIC Office of Inspector General, the IRS Criminal Investigation Division, and the U.S. Department of Commerce, Office of Export Enforcement participated in the search of Caterpillar's offices. " Caterpillar is cooperating", Corrie Scott, the spokeswoman of Caterpillar , said in the statement . "I will continue to closely monitor this situation as it develops". [Full Article...]

Ontario hydro cut means billions in interest costs

Instead of the costs being borne by hydro customers, under this new arrangement, the province will pay for the contracts over a 30-year term. Wynne, and Minister of Energy Glenn Thibeault made the announcement Friday in Toronto . The phase out of coal plants and investments in wind and solar power have also added to the province's costs. Those extra costs will ultimately come due for ratepaye... [Full Article...]

AB InBev's shares dip as lower sales in Brazil hit core earnings

AB InBev's shares dip as lower sales in Brazil hit core earnings The AB InBev Board proposes a final dividend of 2.00 Euro per share, subject to shareholder approval at the AGM on 26'April 2017. Sales to retailers slipped 1% past year, hurt by declines for Bud Light and Budweiser. By marketing our brands through a largely complementary distribution network, we will provide more choices for more consumers around the world. With struggles in its important Brazili... [Full Article...]

Fed's Kaplan says FOMC shouldn't overread market expectations

The rate was up 1.8% in January. An endorsement of the March message from the latter too will only cause the market to take that 86% probability closer to 100% and boost the curve for further increases in borrowing costs later in the year. The premium investors demand for holding French bonds over German ones hit a one-month low after right-wing French presidential candidate Francois Fillon, whose... [Full Article...]

United States consumer spending slows as inflation pushes higher

United States consumer spending slows as inflation pushes higher U.S. consumer spending rose less than expected in January as the largest monthly increase in inflation in four years eroded households' purchasing power. It hiked its overnight interest rate last December by 25 basis points to a range of 0.5-0.75%. Global oil prices tumbled starting in mid-2014, further depressing price gauges for several years, and a rise in the value of the dollar also damped US... [Full Article...]

Eurozone Inflation Fastest In 4 Years; Jobless Rate Lowest Since 2009

Eurozone Inflation Fastest In 4 Years; Jobless Rate Lowest Since 2009 The Eurostat statistics service said the last time inflation hit two percent was January 2013. Strategists said lower core inflation, a measure that excludes the effect of sharply rebounding energy prices over the previous year, could temper the market reaction because it would signal that consumer price growth may not be durable over time. [Full Article...]

Palo Alto Networks, Inc. (NASDAQ:PANW) Expected To Report Earnings On Tuesday

Breaking that down further, it has performed -2.50% for the week, 4.63% for the month, 7.34% over the last quarter, 7.98% for the past half-year and 4.91% for this a year ago. The shares were sold at an average price of $139.56, for a total value of $2,504,404.20. (NYSE: PANW ) for the current quarter. A significant sales reorganization could take several quarters to work through; investors will n... [Full Article...]

The Statistics Don't Lie: salesforce.com, inc. (NYSE:CRM) Earnings Screen

During the same period in the previous year, the company posted $0.21 EPS. The stock's market capitalization is 56.81B, it has a 52-week low of 66.43 and a 52-week high of 84.48. The scale runs from 1 to 5 with 1 recommending Strong Buy and 5 recommending a Strong Sell. If you are reading this piece of content on another publication, it was illegally copied and republished in violation of United S... [Full Article...]

Labor Department calls to delay major rule about retirement advice

Labor Department calls to delay major rule about retirement advice Without a delay , the fiduciary rule would take full effect April 10. The regulation, supported by liberals on Capitol Hill such as Sen. The delay also allows time for Trump's Labor secretary nominee, former Justice Department official R. [Full Article...]

US Markets Surge; Dow Tops 21000 For First Time Ever

US Markets Surge; Dow Tops 21000 For First Time Ever Trump reiterated broad proposals for boosting spending and cutting taxes without providing specifics that could be seen as impeding Congress's path to enact the policies. The Standard & Poor's 500 and Nasdaq Composite indices also saw slight gains. Also driving European markets were PMI surveys showing euro zone factory activity rose to the fastest rate in almost six years, as well as developmen... [Full Article...]

People to rally for, against Pres. Donald Trump in St. Augustine

People to rally for, against Pres. Donald Trump in St. Augustine Supporters of U.S. President Donald Trump recite the pledge of allegiance at a "Spirit of America" rally in Denver, U.S., February 27, 2017. Minuscule would be more accurate. A Trump supporter with a cardboard cutout of the president sits on a bench at a rainy Brea, California, rally. Large rallies, often filling sports arenas, became a hallmark of Mr Trump's 17-month presidential campaign, in c... [Full Article...]

Examining Valeant Pharmaceuticals International, Inc. (VRX)'s track record of earnings

Finally, Ladenburg Thalmann Financial Services Inc. boosted its stake in shares of Valeant Pharmaceuticals International by 26.4% in the fourth quarter. The stock presently has a consensus rating of "Hold" and an average target price of $30.23. In a report released today, Canaccord analyst Neil Maruoka maintained a Hold rating on VRX , with a price target of $19, which represents a potential upsi... [Full Article...]

Trump shirks responsibility for death of Navy SEAL in Yemen raid

Trump shirks responsibility for death of Navy SEAL in Yemen raid Five times they: They wanted, they came, they told me, they wanted. He repeated that position to Fox News on Tuesday, but put some notable distance between the mission and his office, telling Fox and Friends that "according to General [James] Mattis, it was a very successful mission", in which the military "got tremendous amounts of information". [Full Article...]

Saudi Arabia wants oil prices to rise to around $60 in 2017

Saudi Arabia wants oil prices to rise to around $60 in 2017 The price of a barrel of Azeri Light crude oil decreased $0.02 to stand at $57.50. Rig counts have continued to tick higher and, as long as oil stays above $50 per barrel, "we are going to see more drilling from the North American shale producers". [Full Article...]

Bush Finally Speaks Up To Attack President Trump's Comments…

In early federal budget blueprints released Monday afternoon, President Trump is putting money behind his pledge to build up the US military by way of an extra $54 billion dollars put towards defence spending. "I am for an immigration policy that is welcoming and upholds the law." When NBC's show Today asked him whether or not he is facing criticism throughout his time as president, he consid... [Full Article...]


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