Business


European Central Bank keeps stimulus unchanged

Analysts consider that wording a way of discouraging investors from speculating about the end of the stimulus - which might prematurely drive up market interest rates, blunting its intended benefits. Ending the bond purchases would have wide-ranging consequences for governments, investors and savers. Higher returns on bank deposits and bonds would mean less incentive to put money in riskier assets such as stocks.


McDonald's drops plan to dump Japan

McDonald's drops plan to dump Japan

Oppenheimer Holdings Inc. reiterated a market perform rating on shares of McDonald's Co.in a research report on Sunday, March 5th. McDonald's was seeking to sell as much as 33 per cent of outstanding shares in the Japan unit, the Nikkei newspaper had reported.


Big business expected to benefit from Trump's tax plan

Big business expected to benefit from Trump's tax plan

Other conservatives stressed that progressive taxes were unfair, a symbol of big government, and lowering them was the most effective way to put a stake in the heart of big government liberalism. Then ABC's Jon Karl asked Mnuchin about whether Trump would reconsider his refusal to release his own tax returns. Tax rates would fall below those of neighbouring Mexico and Canada, which Trump has accused of shortchanging the United States in trade deals.


Trump Tax Cut Proposal Shines Light On MLPs

Trump Tax Cut Proposal Shines Light On MLPs

Treasury Secretary Steven Mnuchin and chief economic adviser Gary Cohn billed Wednesday's announcement as a starting point for potential legislation and repeatedly said President Donald Trump's administration would work with Congress before coming up with a more specific plan.



The Transocean LTD (RIG) Earns News Impact Score of

Credit Suisse Group AG upgraded shares of Transocean LTD from a "neutral" rating to an "outperform" rating and reduced their target price for the stock from $18.00 to $12.85 in a research note on Friday, February 3rd. TRADEMARK VIOLATION NOTICE: "Canal Insurance CO Sells 663,800 Shares of Transocean LTD (RIG )" was originally posted by The Cerbat Gem and is the property of of The Cerbat Gem.


Telecoms group Orange Q1 core operating profits edge up 2 pct

Telecoms group Orange Q1 core operating profits edge up 2 pct

In the period under review, the France-based company generated a total turnover of EUR10.07 billion (USD10.99 billion), a marginal 0.8% increase year-on-year on a comparable basis. Capital expenditures in the quarter under review totalled EUR1.49 billion, up 2.1% from EUR1.46 billion a year earlier. Sales in its home market were flat at €4.4 billion, despite a 5.5 percent rise in fixed broadband services, but rose 4.5 percent to €2.7 billion in the rest of the continent.