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Economy

Mr Trump added that there is, "no way to stop it really other than lowering taxes". Speaking to The Financial Times last week he argued that a major tax cut could increase government revenue by up to $2tn by increasing growth. "It puts us on the same page". The U.S. now has a 35 percent corporate tax rate , which is relatively high by worldwide standards, said Joe Rosenberg of the Tax Policy Center.
  • EU takes legal action over new Hungarian education law

    EU takes legal action over new Hungarian education law

    Economy

    The law is seen as a crackdown measure against Hungarian-born billionaire George Soros' Central European University, which has been operating in Budapest since 1993. The Commission believes the new law could impede European rights to academic freedom, education and the right to provide services. Thousands have rallied in a number of demonstrations demanding the abolition of the law since it was approved and pushed through parliament earlier this month.
  • Mondi Plc 13.4% Potential Upside Indicated by Deutsche Bank

    Economy

    The SI to Mohawk Industries Incorporated's float is 2.2%. The American Assets Inc holds 5.29 million shares with $227.71 million value, down from 5.41 million last quarter. They now have a GBX 55.00 target on company. The rating was maintained by Deutsche Bank on Thursday, June 23 with "Hold". Morgan Stanley maintained the stock with "Equalwt/In-Line" rating in Monday, December 7 report.
  • United Airlines CEO Oscar Munoz won't be promoted to chairman

    United Airlines CEO Oscar Munoz won't be promoted to chairman

    Economy

    United Airlines and Chicago airport officials missed a deadline for answering questions from by key US senators about the dragging incident aboard a United Express plane. "We're hoping that Dr. Dao being taken off that plane like a sack of potatoes is going to resonate with people and this latest incident with American Airlines will resonate with people", he said.
  • Barclays PLC Reaffirms "Overweight" Rating for Imperial Brands PLC (IMB)

    Economy

    N+1 Singer reissued their hold rating on shares of City of London Investment Group PLC (LON:CLIG) in a research note released on Tuesday morning. Jefferies Group LLC lifted their target price on shares of Imperial Brands PLC from GBX 4,300 ($54.97) to GBX 4,400 ($56.25) and gave the stock a "buy" rating in a research note on Monday, January 16th.
  • Ladbrokes Coral Group PLC Plans Dividend of GBX 2 (LCL)

    Economy

    Nuvista Energy Ltd. had 36 analyst reports since July 21, 2015 according to SRatingsIntel. Market Vectors Gold Miners ETF (NYSEARCA:GDX) has declined 10.63% since September 16, 2016 and is downtrending. DS Smith plc LON:SMDS has a 50 day moving average of 443.33 GBX and a 200 day moving average of 420.39 GBX. This is a boost from Cineworld Group plc's previous dividend of $5.20.
  • Local National Day of Prayer observance set for May 4

    Local National Day of Prayer observance set for May 4

    Economy

    The NDP Task Force is a privately funded organization whose goal is to encourage participation on the National Day of Prayer . Hanselman said the event, co-organized by Jackie Lancaster, will focus on this year's National Day of Prayer theme, " For Your Great Name's Sake ", taken from the Bible's Book of Daniel 9:19.
  • FCC chairman lays out plan to reverse net neutrality regulation

    FCC chairman lays out plan to reverse net neutrality regulation

    Economy

    In 2016, the FCC under Democratic President Barack Obama voted to retain almost all rules limiting cross-ownership of newspapers, radio and TV stations in the same market. Republican FCC Commissioner Mike O'Rielly said the rules "took internet policy down into a dark and terrible abyss" and said the FCC will "expunge net neutrality regulations from the Internet".
  • Here's Why Ocean Power Technologies Inc (OPTT) Shares Skyrocket Today

    Here's Why Ocean Power Technologies Inc (OPTT) Shares Skyrocket Today

    Economy

    Basically, a price target is an individual analyst's projection on the future price of a stock . Recently, investment analysts covering the stock have updated the mean rating to 2.8. While looking at the Stock's Performance, Ocean Power Technologies, Inc. now shows a Weekly Performance of 51.38%, where Monthly Performance is 33.66%, Quarterly performance is -10.46%, 6 Months performance is -13.84% and yearly performance percentage is 41.97%.
  • LIC Housing Finance's Q4 net profit up 18 pc

    LIC Housing Finance's Q4 net profit up 18 pc

    Economy

    The companys profit after tax was Rs 448.02 crore in the same quarter past year. "We had decent growth in Q4, with total disbursements growing at 15 per cent to ₹15,192 crore", said Vinay Sah, Managing Director and CEO. Indiabulls Housing Finance's board declared interim dividend of Rs 9 per share for the year ended March 2017 (FY 2017). Gross NPA in terms of percentage was 0.43% as on 31 March 2017, compared to 0.45% in the preceding quarter, while Net NPA stood at 0.14% as on 31 March ...
  • Select Comfort Corporation (NASDAQ:SCSS) Analytical Analysis

    Economy

    Stifel Nicolaus restated a "buy" rating and issued a $32.00 price objective (up from $27.00) on shares of Select Comfort Corp.in a report on Saturday. During the same period a year ago, the company earned $0.27 earnings per share. If you are reading this piece of content on another site, it was stolen and reposted in violation of United States & global trademark and copyright laws.
  • Firms worldwide say GDPR could harm their business

    Firms worldwide say GDPR could harm their business

    Economy

    With a year to go before the General Data Protection Regulation (GDPR) would take effect on May 25, 2018, some 56 percent of Singapore-based companies had expressed concerns they would not be able to meet the deadline for compliance . In Singapore, 20% of respondents fear that negative media or social coverage could cause their organisations to lose customers, slightly above the global average of 19%.