Finance


Citing safety issues, USDA suspends fresh Brazilian beef imports Citing safety issues, USDA suspends fresh Brazilian beef imports
- June 25, 2017

FRESH BEEF products in Trinidad and Tobago are safe to eat. "We worked a long time to open the USA market because it's a passport to other markets", Camardelli said. The ban does not impact processed meat imports. Brazil's government said it intends to fix the problem by suspending five facilities from shipping beef to the United States. (more...)
Boeing beats Airbus in order race at Paris show Boeing beats Airbus in order race at Paris show
- June 25, 2017

Boeing has claimed bragging rights over Airbus at the Paris Air Show, winning more aircraft deals at the biennial event than its European arch-rival for the first time since 2012. Lessor GECAS orders 100 A320neo aircraft worth about $10.8 billion at list prices to be delivered 2020-24. "If you're sitting in Toulouse you don't see the need to develop something in that market". (more...)
Blue Jays closer Roberto Osuna feeling 'weird,' mentally off
- June 25, 2017

Estrada gave up three runs and five hits in seven innings. Royals starter Jake Junis faced off against St. Bede alum J.A. Happ Friday night in Kansas City. Troy Tulowitzki doubles to deep right center field. On Ryan Tepera's wild pitch, Salvador Perez to third. Note: The Tigers released Francisco Rodriguez, one day after the 35-year-old reliever allowed a grand slam to Robinson Cano in his latest rough outing. (more...)
Stokes vents fury as Roy controversy costs England win against South Africa
- June 25, 2017

Upon Livingstone's lack of interest to complete the run, Roy had to make way back to his crease. This was the first time a batsman was given out had obstructing the field in a T20 global. Cheered on by 12,420, (the Somerset chairman reckoned the club could have sold out this game, only England men's second global here and their first since the 1983 World Cup, four times over) the only thing an excellent venue lacked was floodlights. (more...)
Fed's Mester: Rate hikes are needed since USA economy is 'pretty good' Fed's Mester: Rate hikes are needed since USA economy is 'pretty good'
- June 25, 2017

That trend, at a time when U.S. unemployment of 4.3 per cent is already at a 16-year low, is worrying Fed doves. The Federal Reserve can afford to stop raising short-term interest rates and wait and see how economic developments and Washington policy debates play out in coming quarters, said St. (more...)
GST Registrations For E-Commerce, New Companies To Begin On 25 June GST Registrations For E-Commerce, New Companies To Begin On 25 June
- June 24, 2017

Urjit Patel today expressed optimism that GST would eventually reduce taxes and inefficiencies within states and broaden the tax base making it an important part of digital revolution. It will also simplify the process of filing returns and the taxpayer will have to fill only one form a month to file for returns. If the customer does not make a claim for passing on the benefit of reduced tax burden, the anti-profiteering authority can recover it from the supplier, impose a penalty and cancel ... (more...)
Noteworthy Stock's Activity: Rice Midstream Partners LP (RMP)
- June 24, 2017

COPYRIGHT VIOLATION WARNING: "EQT Midstream Partners, LP ( EQM ) Shares Bought by Neuberger Berman Group LLC" was published by Markets Daily and is the sole property of of Markets Daily. Jefferies initiated the stock with "Buy" rating in Wednesday, December 16 report. Azimuth Capital Management Llc sold 7,219 shares as Comerica Inc (CMA)'s stock declined 5.54%. (more...)
Sears Canada announces it is seeking court protection from creditors Sears Canada announces it is seeking court protection from creditors
- June 24, 2017

Rohm said exciting plans are in the works, and she anticipates announcing details in the "near future". We also want to know if there are any other Sears stores in OH or Pennsylvania that will be shut down. Sears Canada's stock price on the Toronto Stock Exchange fell almost 20 cents on Wednesday, from 80 cents to 62 cents, continuing the trend we've seen over the last few weeks. (more...)
China's JD.com to invest $397 million in UK fashion retailer Farfetch China's JD.com to invest $397 million in UK fashion retailer Farfetch
- June 24, 2017

According to a release, the strategic partnership "will create the premier platform for luxury e-commerce across China, opening a gateway to an $80 billion market", as the two companies "will partner on marketing, logistics and technology solutions to build the brand in China, while Farfetch will continue to be the customer-facing brand". (more...)
Charlie Crist blasts bill that Democrats say will rollback Dodd-Frank Act Charlie Crist blasts bill that Democrats say will rollback Dodd-Frank Act
- June 24, 2017

Nicknamed the CHOICE Act , the bill rolls back the so-called Volcker rule , which limits proprietary trading by banks and the designation of non-bank financial institutions , such as insurance companies, as "systemically important", a label that triggers greater oversight and stricter capital ratio requirements. (more...)
NYC Will Spend Millions To Upgrade Rikers Before Closing It
- June 24, 2017

At the time, the seven-member school board (with two mayoral appointments and one by each of the city's five borough presidents) was reconstituted. In a televised post-session news conference Thursday afternoon, he said he had not ruled out calling lawmakers back for votes later this summer. (more...)
Rep. Steve Scalise's Condition Upgraded To 'Fair' After Baseball Field Shooting Rep. Steve Scalise's Condition Upgraded To 'Fair' After Baseball Field Shooting
- June 24, 2017

MedStar Washington Hospital Center , doctors said last week. He entered the hospital in critical condition and has undergone several surgeries. Both police officers are recovering and expected to return to full duty. When the unit was searched, authorities found components for the SKS rifle, a receipt for a November 2016 gun purchase and 200 rounds of ammunition. (more...)
79 now believed to have died in London high-rise fire
- June 24, 2017

He warned that a full forensic and systematic search will take weeks to complete, adding: "We must also prepare people for the awful reality that some people may not be identified due to the intensity of the fire". Experts say the cladding and the insulation it contained seems to have spread the flames quickly along the exterior of the building, overwhelming safety devices like fire doors. (more...)
Pay attention to Analyst Guidance: Harley-Davidson, Inc. (HOG) Pay attention to Analyst Guidance: Harley-Davidson, Inc. (HOG)
- June 24, 2017

Morgan Stanley now owns 3,533,329 shares of the company's stock worth $213,767,000 after buying an additional 322,982 shares during the period. Sigma Investment Counselors owns 0.47% invested in Caterpillar Inc. will post $3.75 earnings per share for the current fiscal year. The business also recently disclosed a quarterly dividend, which was paid on Friday, June 9th. (more...)
Tatas Better Candidate If Air India Is Privatised, Says Sunil Mittal Tatas Better Candidate If Air India Is Privatised, Says Sunil Mittal
- June 24, 2017

The Tata Sons is reportedly considering buying Air India from the government in partnership with Singapore Airlines . Tata Group is believed to be discussing buying a stake in debt-laden Air India amid the government looking at various options, including full or partial privatisation, to revive the national carrier, sources said. (more...)
Banks, post offices can deposit junk notes for a month with RBI Banks, post offices can deposit junk notes for a month with RBI
- June 24, 2017

This is the second window being provided to banks, post offices and cooperative banks. The government has allowed banks, district cooperative banks and post offices to deposit scraped Rs1,000 and Rs500 notes lying with them with the RBI and exchange these with new banknotes in order to meet cash needs of the sowing season. (more...)
Manchester City Target Dani Alves Leaving Future In Agents' Hands
- June 24, 2017

Manchester City are expected to sign Brazilian full-back Dani Alves after the player is released from his current contract with Italian heavyweights Juventus . City have already signed Ederson and Bernardo Silva and Guardiola has said he's happy with the business they've done. But although Alves made a decision to go with another club, Marotta said that they still wish him luck. (more...)
China's authorities tighten noose around online video content China's authorities tighten noose around online video content
- June 24, 2017

Microblogging platform Sina Weibo , popular online video site ACFUN and news portal iFeng.com have been ordered to halt video streaming services that violate regulations restricting online media, the TV and film watchdog said on. "It has been like this for a few years now", Liu said. "Also, it could give rise to negative side-effects". "Is that a price they can afford to pay?" Earlier this month, at least 60 social media accounts were shut down for spreading "vulgar content" and ... (more...)
The Carnival Corporation (CCL) Given Coverage Optimism Score of 0.15 The Carnival Corporation (CCL) Given Coverage Optimism Score of 0.15
- June 24, 2017

Primecap Communications Ca reported 1.11% in Carnival Corp (NYSE: CCL ). About 207 shares traded. Carnival Corp (NYSE: CCL ) has risen 24.12% since June 22, 2016 and is uptrending. It fall, as 12 investors sold Cascade Bancorp shares while 27 reduced holdings. The share price of Carnival Corporation (NYSE: CCL ) was down -0.93% during the last trading session, with a day high of 66.44. (more...)
European Central Bank leaves base interest rates unchanged
- June 24, 2017

The ECB sees the need for continued and substantial monetary easing to secure sustained inflation rates. He said that the European Central Bank removed its easing bias to reflect the fact that the risk of deflation has disappeared and said policy makers were becoming "more confident" that inflation will converge toward its objective in a durable way. (more...)