Business

Erdoğan says West 'ignores starvation in Africa'

Erdoğan says West 'ignores starvation in Africa'

Somalia is the highest recipient of aid from Turkey and the relation between the two countries has been on the rise since the latter led the world in 2011 in sending much needed hunanitarian assistance in the face of a starvation. Turkish President Recep Tayyip Erdogan has blamed the world for lack of commitment to support Somalia humanitarian needs in order to prevent drought and starvation, as the two countries signed partnership agreements in Ankara on Wednesday night, Somaliupdate reports.



Mnuchin: Trump tax-cut plan about "unleashing economic growth"

Reduced taxes on the wealthy: The plan calls for eliminating two key taxes that traditionally affect higher earners: the alternative minimum tax and the estate tax. Officials said they hoped to slash corporate taxes to 15 percent from 35 percent, but specifics are still to be negotiated. Asian shares were fairly firm Thursday as investors assessed the scant details of President Donald Trump's USA tax overhaul and a Japanese central bank report forecasting steady growth for Asia's No.



Trump wants to renegotiate trade deal with Canada & Mexico, not terminate NAFTA

U.S. President Donald Trump's tax reform plan would cut the income tax rate paid by public corporations to 15% from 35% and make major changes to the individual-tax system. The reversal isn't a surprise, but it's unclear why it happened so comically fast. Trump's comments on NAFTA came just days after the U.S. imposed 20 percent tariffs on softwood lumber coming from Canada.


Higher Prices Help Sales as PepsiCo Works to Adapt Brands

Higher Prices Help Sales as PepsiCo Works to Adapt Brands

The PepsiCo (NYSE:PEP) stock has a consensus rating of "buy" and the consensus target price is $117.12. First Quadrant LP acquired 49,972 shares as Pepsico Inc (PEP)'s stock declined 3.34%. PepsiCo Inc . said higher pricing helped boost results in the latest quarter as volumes of its snacks and beverages in North America were pressured amid shifting consumer tastes.



Strong company earnings power stock gains Tuesday

Stocks are closing higher on Wall Street after several big companies reported solid earnings. More big businesses joined the earnings parade Tuesday, saying their profits were even bigger in the first three months of the year than analysts were expecting, including Caterpillar and McDonald's.


AdvancePierre Foods Holdings Inc (NYSE:APFH) & Sprint Corp (NYSE:S)

AdvancePierre Foods Holdings Inc (NYSE:APFH) & Sprint Corp (NYSE:S)

This rating was issued on 8/15/16. Several institutional investors have recently modified their holdings of the stock. Price targets reflect what the analyst believes a stock will be worth four quarters into the future. On the other hand, ADVANCEPIERRE FOODS HOLDINGS, INC.by far traveled 79% versus a 1-year low price of $22.99. (APFH) could bring EPS of $0.52/share.