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Finance

However, BP, with majority of investments in the USA, sees its future United States after-tax earnings to be positively impacted by these tax reforms. Deferred tax assets refer in some cases to a company overpaying taxes in advance and then getting them back in the form of tax relief. Shell said last week it would incur a one-off charge of $2-$2.5 billion, although the new legislation would have a "favorable" impact on earnings.
  • Star Wars Veteran John Williams to Write a Theme for Solo

    Star Wars Veteran John Williams to Write a Theme for Solo

    Finance

    Williams is attached to write a theme for the upcoming standalone film. However, John Powell will continue to write the rest of the score, as announced back in July. Find out more about the Han Solo theme revelation below. In an interview with Variety , Williams revealed he will be working on his ninth Star Wars film, with John Powell still staying on as Solo's primary composer.
  • EPS for Crown Castle International Corp. (REIT) Expected At $1.01

    Finance

    Chilton Capital Management Llc bought 27,421 shares as the company's stock rose 11.44% with the market. Polaris Greystone Fincl Gru Limited Liability Com holds 0.14% or 13,782 shares in its portfolio. Wells Fargo & Co upped their price objective on Crown Castle International from $112.50 to $116.00 and gave the stock an "outperform" rating in a research report on Monday, October 23rd.
  • Minimum wage rises to $10.40 an hour on path toward $15

    Minimum wage rises to $10.40 an hour on path toward $15

    Finance

    The new figure will be set at €9.55 per hour - an increase of 30c per hour. Researchers at UC Berkeley estimated in 2016 that increasing the minimum wage to $15 per hour would affect 5.6 million Californians, raising their average annual income by $3,700.
  • Catawba Capital Management VA Increases Stake in EQT Midstream Partners LP (EQM)

    Finance

    Compugen Ltd. (NASDAQ:CGEN) has declined 29.94% since December 31, 2016 and is downtrending. Noble Midstream Partners has a 52-week low of $35.56 and a 52-week high of $56.33. RBC Capital Markets has "Hold" rating and $8000 target. Conning has invested 0.49% in Magellan Midstream Partners, L.P. (NYSE:MMP). Shell Midstream Partners (NYSE: SHLX ) last announced its quarterly earnings results on Friday, November 3rd.
  • BA owner looks to snap up bankrupt Austrian airline Niki

    BA owner looks to snap up bankrupt Austrian airline Niki

    Finance

    The deal is worth €20 million and will provide liquidity to Niki of up to €16.5 million. British Airways owner IAG has emerged as the preferred bidder to take over bankrupt Austrian airline Niki, German news agency DPA reported Thursday. The deal also includes slots at Vienna, Düsseldorf, Munich, Palma and Zurich airports. As well as Air Berlin's insolvency, British carrier Monarch went bust in October, while Italian flag carrier Alitalia was forced into administration five months earlier.
  • Portola Pharmaceuticals (NASDAQ:PTLA) Upgraded at BidaskClub

    Finance

    Cadian Limited Partnership invested in 2.95% or 1.17M shares. Portola Pharmaceuticals ( PTLA ) opened at $48.68 on Thursday. Oppenheimer Holdings Inc. Since August 23, 2017, it had 2 insider buys, and 14 sales for $17.85 million activity. Smith Gregory D sold $4.85M worth of stock. On Wednesday, September 13 DeLaney William J III sold $1.59M worth of Sysco Corporation (NYSE:SYY) or 30,000 shares.
  • Home Depot INC (HD) Position Upped by Factory Mutual Insurance Company

    Finance

    The stock decreased 0.13% or $0.25 during the last trading session, reaching $189.53. The shares were sold at an average price of $183.03, for a total transaction of $7,576,709.88. Meridian Invest Counsel accumulated 13,023 shares. Saturna reported 8,257 shares or 0.04% of all its holdings. Cornerstone Advsrs holds 0.25% or 2,189 shares in its portfolio.