Finance

Finance Eurozone inflation above target for first time in 4 years
Author: 0 Eurozone inflation above target for first time in 4 years

With overall savings of 5 trillion euros ($5.28 trillion) and interest rates at zero, an inflation of two percent means German savers are basically losing 100 billion euros per year, he added. In a separate release, Eurostat said on Thursday producer prices rose 0.7 percent in January on the month and 3.5 percent year-on-year, more than market expectations of a 0.6 percent monthly rise and a 3.2 percent increase on the year.

Finance Here's how much Evan Spiegel is worth after Snap's IPO
Author: 0 Here's how much Evan Spiegel is worth after Snap's IPO

In fact, appetite for Snap stock was so strong, many investors accidentally poured money into a completely unrelated company, Snap Interactive, as economist Justin Wolfers pointed out on Twitter. The China-based e-commerce company now holds the status as the world's biggest IPO at $25 billion, though it initially only raised $21.8 billion. At the beginning of February Snap's formal announcement to regulators of its plans revealed that the company made sales of $404m past year, but ...

Finance Caterpillar's Headquarters Raided By Federal Authorities Including DoJ And IRS
Author: 0 Caterpillar's Headquarters Raided By Federal Authorities Including DoJ And IRS

Caterpillar shares, which have risen 35% over the past 12-months year, were falling more than 5% in afternoon trading to $93.58. Sharon Paul, a spokeswoman for the U.S. the movement of cash among U.S and non U.S subsidiaries". President Trump hosted Caterpillar CEO Doug Oberhelman at the White House last week during a meeting with US corporate chiefs.

Author: 0 GST from July 1 as States on board

The indirect tax regime that will subsume all other taxes is on path to miss its initial deadline of April 1. The Economic Affairs Secretary, Shaktikanta Das has said that the GST would be implemented on July 1, 2017. After these laws are approved, the Council will have to fix rates of taxes for different goods and services by fitting them into the four approved slabs of 5, 12, 18 and 28 per cent.

Finance TRI Pointe Group Inc (TPH) Downgraded to Hold at Deutsche Bank AG
Author: 0 TRI Pointe Group Inc (TPH) Downgraded to Hold at Deutsche Bank AG

The company had revenue of $773.30 million for the quarter, compared to analyst estimates of $792.88 million. The price-to-book ratio (P/B Ratio) is a ratio used to compare a stock's market value to its book value. Finally, Barclays PLC assumed coverage on TRI Pointe Group in a research report on Thursday, January 5th. Repurchases of the Company's common stock may be made in open market transactions effected through a broker-dealer at prevailing market prices, in block trades, or by other ...

Finance Estimates & Target in Focus for Boston Scientific Corporation (NYSE:BSX)
Author: 0 Estimates & Target in Focus for Boston Scientific Corporation (NYSE:BSX)

The stock tapped a 52-week high of US$46.4 while the mean 12-month price target for the shares is US$49.36. Glancing over stock's performance with EPS trend, the current quarter estimates trends for EPS by pool of analysts was $-0.12 and for one month ago was $-0.10, as Q1 2017 Trends estimate stands at $-0.13, according to WSJ analytic reports.

Author: 0 Sempra Energy (SRE) Dividend Payout Ratio

A number of other hedge funds have also made changes to their positions in SRE. Sempra Energy's adjusted earnings in the fourth quarter 2016 were $383 million, or $1.52 per diluted share, contrast with $367 million, or $1.46 per diluted share, in the fourth quarter 2015.

Finance Iraqi troops arrest seven ISIS leaders in central Mosul
Author: 0 Iraqi troops arrest seven ISIS leaders in central Mosul

As reported by the United Nations, the more the security forces approach the heavily populated areas the more Iraqi displaced people increase, with almost 13,000 human beings during the last two days. He labelled ISIL's drone strikes an "insidious threat" but said they weren't a "game-changer". Those who managed to escape have had to walk through the desert for at least an hour to reach government lines.

Finance USA manufacturing activity slowed down in February, Markit says
Author: 0 USA manufacturing activity slowed down in February, Markit says

The US ISM manufacturing index strengthened to 57.7 for February from 56.0 in January. The group's New Orders Index was 65.1%, the highest since December 2013 and its Production Index was 62.9%, the highest since March 2011. Manufacturing expanded in all of the region's major economies, with activity strongest in the Netherlands, Austria and Germany. Any reading above 50 signals growth.

Author: 0 Target Corporation's (TGT) stock price finalizes at $58.77 while 45258696 shares

Zacks Investment Research raised Target Corporation from a "sell" rating to a "hold" rating and set a $85.00 price objective on the stock in a report on Monday, November 14th. 02/28/2017 - Target Corporation had its "neutral" rating reiterated by analysts at UBS. The business also recently announced a quarterly dividend, which will be paid on Friday, March 10th.

Finance China Manufacturing Activity Has Strong Start to 2017
Author: 0 China Manufacturing Activity Has Strong Start to 2017

Data were compiled from replies to questionnaires sent to purchasing executives in over 400 industrial companies. Like the ISM survey, a reading above 50 in the Market PMI indicates expansion. Simultaneously, manufacturing employment declined, though the rate of job losses was marginal overall. The index for new orders, which measures both domestic and external demand, was 54.2, less than a preliminary 54.7 but still higher than a final 54.0 in January.

Author: 0 City's 'Cheesegrater' sold for $1.4 billion

The 610,000sqft Leadenhall Building is being sold by United Kingdom listed company British Land and Oxford Properties, the real estate arm of Ontario Municipal Employees Retirement System (OMERS). One of London's most recognisable buildings is reportedly close to being sold for around £1bn - making it the largest commercial property transaction in the United Kingdom since 2014.

Author: 0 Stock Price of JP Morgan Chase & Co (JPM) Increases 0.11%

Finally, Vetr downgraded shares of J P Morgan Chase & Co from a "hold" rating to a "sell" rating and set a $71.84 price target on the stock.in a report on Monday, November 14th. Family Firm Inc. now owns 3,489 shares of the financial services provider's stock worth $217,000 after buying an additional 11 shares in the last quarter.

Finance Widow of Slain Navy SEAL Receives Emotional Standing Ovation During Trump's Address
Author: 0 Widow of Slain Navy SEAL Receives Emotional Standing Ovation During Trump's Address

Several slammed Jones because he praised Trump for taking advantage of the slain Navy SEAL's widow. In addition to Owens, 20 civilians were killed in the attack, along with 14 al Qaeda militants. Ryan's legacy is etched into eternity, thank you. "I just spoke to our great General Mattis who confirmed that Ryan was a part of a highly-successful raid that generated large amounts of vital intelligence that will lead to many more victories in the future against our enemy", Mr Trump said .

Author: 0 Important Analyst Opinions: Bristol-Myers Squibb Company (NYSE:BMY)

EPS is usually the indicator of profitability for the company. BMY has been the topic of several other research reports. BlackRock Institutional Trust Company N.A. Analysts forecast that Bristol-Myers Squibb Company will post $2.82 EPS for the current year. Shareholders of record on Friday, January 6th were paid a $0.39 dividend.

Finance Will BJP, Shiv Sena strike a deal in Maharashtra?
Author: 0 Will BJP, Shiv Sena strike a deal in Maharashtra?

Three days after the Brihanmumbai Municipal Corporation (BMC) polls threw up a fractured result, the political impasse continued today with neither Shiv Sena nor BJP taking any overt step to cobble up a ruling combine. Taking support from Congress or NCP is out of question. It is also believed that continuing a hostile attitude towards the Sena is not in the interests of the BJP, keeping in view that the Congress was out to take advantage of such a situation.

Finance Donations made using PayPal platform may never reach charities, lawsuit says
Author: 0 Donations made using PayPal platform may never reach charities, lawsuit says

In response to the allegations, a PayPal spokesperson said the company is prepared to defend itself in the case. All is not well for registered nonprofits successfully receiving gifts though the PayPal Charitable Giving Fund. And organizations still have a profile page, despite not being registered. By chance, after talking to one intended recipient, a local legal aid clinic, she realized her donation was missing - and contacted PayPal repeatedly for an explanation.