Business


Financial Architects Inc Reduces Position in Baxter International Inc (BAX)

After having $0.01 EPS previously, Cincinnati Bell Inc.'s analysts see 0.00% EPS growth. The correct version of this news story can be accessed at https://www.chaffeybreeze.com/2017/05/11/baxter-international-inc-to-post-q2-2017-earnings-of-0-55-per-share-william-blair-forecasts-bax-updated.html.


Nissan annual profit rises on strong US, China, Europe sales

Nissan annual profit rises on strong US, China, Europe sales

It says recently-launched models including the Nissan Micra, Armada, Kicks, and Note e-POWER and Serena in Japan, will contribute to sales growth this year. The forecasts are based on a projection that the yen will average 108 yen to the USA dollar JPY= this year, stronger than Thursday's level of around 114 yen.


Australia announces new levy on major banks; boosts funding for regulator

Australia announces new levy on major banks; boosts funding for regulator

In a final whack at the sector, a permanent team will be established within the ACCC to investigate competition in the nation's banking and financial system, as recommended by the Coleman Committee. Bank executives will also face tougher penalities for misconduct under a tough new new Banking Executive Accountability Regime, which will require all executives to be registered with the regulator.



JP Morgan Cazenove Reiterated Diageo PLC (LON:DGE) As 'Overweight'

Compass Group PLC provides food and support services. The firm's market cap is GBX 85.75 million. The Company's geographic divisions include North America; Europe, Russia and Turkey; Africa; Latin America and Caribbean, and Asia Pacific. Diageo plc (LON:DGE) has risen 1.83% since October 10, 2016 and is uptrending. It has underperformed by 13.97% the S&P500. Therefore 7% are positive.



Writers Guild and AMPTP strike a deal (not a strike)

It had been festering for a while now, the negations over new contracts between the Writers Guild of America and major studios, with the threat of a strike looming over head, but thankfully we can all now rest easy. The last Hollywood walkout lasted 100 days and cost the California economy an estimated $2.1 billion to $2.5 billion. " WGA MEMBERS: Thank you for your trust, your patience, and your heart", Berg tweeted early Tuesday.



Saudi Signals First Cut in Crude Supplies to Asian Customers

Oil prices have plummeted from around $100 a barrel in 2014 to less than $50 now after a spike USA shale oil production. While it noted that surplus oil held at sea diminished, stockpiles in the most industrialized nations increased from the fourth quarter by 31 million barrels to just over 3 billion.