Business


Banks Plan To Make YOU Pay their $6.2B Budget Levy

Until now investors could claim a tax deduction on travel costs when visiting a property they owned, while there has been no limit to the number of times an owner could visit each year. These issues included: the basis on which the Treasury calculated the AUD6.2bn estimate, how the tax would affect transactions between the five banks and the Reserve Bank, and which of the banks' commercial activities will be captured by the tax.


Air Force One $4 Million in Damage by Boeing Mistake

Air Force One $4 Million in Damage by Boeing Mistake

The Air Force investigators found that the mechanics used tools that weren't "oxygen-clean" - in other words, they could have been tainted with residue that reacted with oxygen. The Air Force said the hiccup was "discovered after an unapproved regulator was found connected to the passenger oxygen system". The two Air Force One jets were ordered by President Ronald Reagan and delivered in 1990 during George H.W.



Notable Moving Stock: MGIC Investment Corporation (MTG)

MGIC Investment Corporation has a 3.69B market cap and its past year revenues were 1.06B. 5 million shares traded at hands and its average volume is noted at 4.01 million shares. The stock now has its Annual Dividend of $0 and an annual Dividend Yield of 0 Percent. Invesco Limited invested 0.01% in MGIC Investment Corp. Investors of this company earned a return of 6.20% on the assets it owns in past twelve month.



US crude oil inventories drop sharply as imports decline

U.S. West Texas Intermediate futures rocketed back above $47 a barrel and worldwide benchmark Brent topped $50 after the Energy Information Administration reported a much larger drop in the nation's crude stockpiles and a strong rebound in gasoline demand.


China's C919 jet: from drawing board to take-off

China's C919 jet: from drawing board to take-off

State-owned manufacturer Commercial Aircraft Corporation of China, or Comac, will seek certification from the civil aviation authority and foreign regulators before making any deliveries. The successful flight moves China one step closer to transforming itself from a manufacturer of low-priced goods to a creator of advanced technology.



Carnival plc (CUK) Expected to Announce Earnings of $0.45 Per Share

Finally, Teachers Retirement System of The State of Kentucky boosted its position in Carnival plc by 0.7% in the fourth quarter. A lower P/B ratio could mean that the stock is undervalued. Concert Wealth Mgmt holds 0.06% of its portfolio in Carnival Corp (NYSE:CCL) for 5,064 shares. $790,248 worth of Carnival Corp (NYSE:CCL) shares were sold by PEREZ ARNALDO.