Markets

That's the Law: Penalty rate cut opens door for employees to negotiate

The premier said there would also be an impact on the wider economy, with the cuts reducing the spending power of some households. But as the Fair Work Commission points out in the opening section...

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Malaysian police: Deadly VX nerve agent killed Kim's half-brother

He died in an ambulance on the way to the hospital. Siti assumed the liquid she was given was harmless. South Korean and USA officials have said they believe North Korean agents assassinated Kim...

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Warren Buffett's Letter to Berkshire Hathaway Shareholders

Your neighbor, the billionaire investor, brings a folksy charm to the complex world of finance in his yearly review of the world and the money that makes its gears spin. "Concurrently, Berkshire's sup...

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Tesla Motors, Inc. (TSLA) Shares Down 6.4% on Disappointing Earnings

In the sell-side reports given to institutions, the research firms often offer a projected target price on the stock. Dougherty & Co reiterated a buy rating and issued a $500.00 price objective on sha...

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Teekay Tankers Ltd. to Issue Dividend of $0.03 (TNK)

Teekay Tankers Ltd. to Issue Dividend of $0.03 (TNK)

RBC Capital Upgrades Teekay Offshore Partners LP (NYSE:TOO)'s stock to Outperform with no specific Price Target. The firm's revenue was down 30.4% compared to the same quarter previous year. Price Tar...

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China says has no intention of using currency devaluation to its advantage

China says has no intention of using currency devaluation to its advantage

That currency report won't be out until April . The two nations will seek to limit any conflict to a controllable level, said Harrison Hu, chief greater China economist at RBS in Singapore. In the ...

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Fair Work decision good or bad?

Sunday pay for full-time hospitality workers will be cut to 150% from 175%. Casual "Level 1" employees will have their Sunday loading cut from 175% to 150%. Unions ACT secretary Alex White said when...

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Abercrombie & Fitch Company (NYSE:ANF) Reviewed By Analysts

The shares have slowed down in recent weeks, with their price down about -16.36% in the past three months. The average and low price target for the stock are $13.3 and $10, respectively. Stockholders ...

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'Ring Of Fire' To Pass Over South America, Africa On Sunday

'Ring Of Fire' To Pass Over South America, Africa On Sunday

It will be the first time in 40 years a total solar eclipse will cross the United States, according to CBS News . During eclipse, the moon will become in the middle of the sun making a lovely and s...

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Canada's MacDonald Dettwiler to Buy US Satellite-Imaging Firm DigitalGlobe

CSFB cut their target price on Macdonald Dettwiler & Associates from C$97.00 to C$93.00 in a research report on Wednesday, November 2nd. Under the terms of the agreement, each share of DigitalGlobe...

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Bank Of Ireland announces profits of over €1bn for 2016

Ulster Bank, which is owned by Royal Bank of Scotland, said the 2016 results include a €211m charge due to legacy conduct issues. Its net interest income declined by 7 per cent to just under €2.3 bi...

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Union Pacific Corporation (UNP) To Go Ex-Dividend on February 24th

Union Pacific Corporation (UNP) To Go Ex-Dividend on February 24th

For the next 5 years, Union Pacific Corporation is expecting Growth of 11.21% per annum, whereas in the past 5 years the growth was 6.79% per annum. Additionally when measured on a five year annuali...

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Buffett's Berkshire Hathaway Reports Rise in Net Earnings

Buffett also lauded what he called the "miraculous" performance of the USA economy, a dynamic he expects to help boost the company's own bottom line. In the letter , Buffett said his favorite rec...

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AB praises team after breaking record

De Grandhomme's (34 not out) held one end up but the wickets fell pretty quickly at the other end and the Black Caps were bowled for just 112 with Pretorius (3-5) being the pick of the bowlers. De Vil...

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Philip Morris International (NYSE:PM); Hot Line Stocks At Active Reaffirm Views

Monitoring the stock price relative to moving averages and highs and lows for the year may help evaluate the value of the stock in the future. The company's revenue was up 9.1% compared to the same qu...

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Young People Just Copped Another Hit: Penalty Rates Have Just Been Slashed

The Fair Work Commission's decision to slash penalty rates has evoked both joy and fury around Junee and the Riverina. The FWC handed down a long-awaited decision on Thursday that penalty rates fo...

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JCPenney closing up to 140 stores, cutting jobs

JCPenney closing up to 140 stores, cutting jobs

Ellison also said that order to reduce the impact on workers, the company is initiating an early retirement program for about 6,000 employees. This year was the first time JC Penney had reported a...

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After bitter feud, Kasich and Trump try to mend fences

After bitter feud, Kasich and Trump try to mend fences

After meeting with Trump in the White House, the OH governor said that there was "no animosity" between them and that he hopes he succeeds as president. "You don't want the pilot to screw up". "He l...

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Eldorado Gold reports 4Q loss

Eldorado Gold reports 4Q loss

Given that its average daily volume over the 30 days has been 5.67 million shares a day, this signifies a pretty significant change over the norm. The company's market capitalization is $2.58 billion....

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Fate of local JC Penney unclear as store closings loom

Fate of local JC Penney unclear as store closings loom

As an anchor tenant, J.C. Penney plays a key role in attracting foot traffic to make Rimrock Mall vibrant. Richmond-area JCPenney stores include locations at Chesterfield Towne Center, Regency Squar...

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What are Analysts report about: Frontier Communications Corporation (NASDAQ:FTR)

What are Analysts report about: Frontier Communications Corporation (NASDAQ:FTR)

In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 18.96% with $1.16 Billion sitting short, betting on future declines. Frontier Comm...

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No word on whether Houston-area JC Penneys will close

No word on whether Houston-area JC Penneys will close

The department store chain said it is initiating a voluntary early retirement program for about 6,000 eligible employees - far more than the number of full-time positions that will be affected by the ...

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PayPal Holdings, Inc. (NASDAQ:PYPL) Stock current Trends Analysis

Insiders own 7.00% of the company's stock. Raymond James Financial Services Advisors Inc.'s holdings in PayPal Holdings were worth $2,798,000 as of its most recent SEC filing. The original version of ...

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New York Times, CNN blocked from attending White House briefing

New York Times, CNN blocked from attending White House briefing

Time and the AP were also allowed in but boycotted over the exclusion of the other organizations. "Free media access to a transparent government is obviously of crucial national interest". White Hous...

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Is Tesla's Gigafactory Ready to Support Model 3 Production?

It had been thought that production of the mass-market electric auto could be delayed until 2018, but Tesla CEO Elon Musk confirmed to investors in a conference call that it would produce more than ...

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The Mondelez International, Inc. (MDLZ) to Release Earnings on Tuesday

BlueMountain Capital Management LLC acquired a new position in Mondelez International during the second quarter valued at about $118,000. Price T Rowe Associates Inc. Mondelez International's payout r...

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JC Penney to close 140 stores, lay off 6000 employees

JC Penney to close 140 stores, lay off 6000 employees

However, this action will better align the company for sustained growth, Marvin Ellison, the company's chairman and chief executive officer, said in a statement . The Buena Park distribution center, ...

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The Jimmy Choo PLC (CHOO) Rating Reiterate by the HSBC

Liberum Capital raised shares of Jimmy Choo PLC to a "buy" rating and set a GBX 135 ($1.68) target price for the company in a report on Wednesday, June 15th. If you are viewing this piece on another d...

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Arizona impact unclear as JC Penney closes stores

Arizona impact unclear as JC Penney closes stores

The JCPenney stores were not named and a list of closings won't be released in mid-March. The company is expected to announce which stores will close next month. Macy's, which still has a store in...

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JCPenney announces plans to close more than 100 stores

JCPenney announces plans to close more than 100 stores

Penney Co. Through these cost savings methods, J C Penney expects to save about $200 million in annual costs. "Based on their sales performance in the market, we are hopeful none of the three JCPenn...

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The Enterprise Products Partners LP (EPD) Price Target Raised to $33.00

After the IPO closure, they can extend associate with the firm or find a striking sum of the company's shares. A number of key analysts, polled by FactSet, shared their views about the current stock...

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Forward Earnings Estimate of Sirius XM Holdings Inc.(SIRI)

Forward Earnings Estimate of Sirius XM Holdings Inc.(SIRI)

Last time the company reported, Sirius XM Holdings Inc. Sirius XM Holdings Inc., formerly known as Sirius XM Radio Inc., is headquartered in NY. Eight analysts have rated the stock with a hold rating ...

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The Americafirst Capital Management LLC Buys Shares of 19962 Medtronic PLC (MDT)

The Americafirst Capital Management LLC Buys Shares of 19962 Medtronic PLC (MDT)

State Street Corp boosted its position in Medtronic PLC by 2.4% in the fourth quarter. Ngam Advisors L.P. now owns 394,776 shares of the medical technology company's stock worth $34,254,000 after bu...

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Mnuchin Committed To Significant Tax Reform By August Recess

Unconfirmed reports suggest that the Trump administration could delay its infrastructure spending program until 2018 because US Congress already faces a heavy legislative schedule this year, with the ...

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Foot Locker Inc (NYSE:FL) Shares Downgraded To A Buy Rating

Looking at the stock's movement on the chart, Foot Locker, Inc . recorded a 52-week high of $79.12. Wedbush assumed coverage on shares of Foot Locker in a report on Wednesday, November 2nd. (NASDAQ...

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