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Showing posts with label 2017 at 01:24AM. Show all posts
Showing posts with label 2017 at 01:24AM. Show all posts

Thursday, June 22, 2017

The Corporate governance Daily

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ethicalboardroom.com By Victor Banjo –Corporate Governance and Board Effectiveness Coach Following a Federal High Court ruling on 17 October 2016 that the Financial Reporting Council of Nigeria (FRC) has the powers to …
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Tuesday, June 13, 2017

Why Accounting Firms Should Implement a Learning Strategy – Accountingweb.com

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Why Accounting Firms Should Implement a Learning Strategy
Accountingweb.com
As the field of accounting continues to evolve, developing a learning program and fostering a culture of growth will be one of the most important undertakings for future-ready firms, according to a new Checkpoint report from Thomson Reuters. Advertisement.

June 13, 2017 at 01:21AM

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Thursday, June 8, 2017

Albion Technology & General VCT PLC – Ordinary Shares : AGM Statement – London South East (registration) (blog)

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Albion Technology & General VCT PLC – Ordinary Shares : AGM Statement
London South East (registration) (blog)
Under the Companies (Acquisition of Own Shares) (Treasury Shares) Regulations 2003 (the “Regulations“), Ordinary shares purchased by the Company out of distributable profits can be held as treasury shares, which may then be cancelled or sold for cash.

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June 08, 2017 at 01:18AM

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STOCKS CLIMB: Here’s what you need to know

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rock climbing

Stocks climbed higher on Wednesday as banks rallied and investors awaited Thursday’s Senate testimony from former FBI director James Comey.

All three major indices rose more than 0.1%, shrugging off Comey’s prepared remarks to the Senate Intelligence Committee. The gauges all closed at record highs on Friday.

First up, the scoreboard:

  • Dow: 21,167.05, +30.82, (+0.15%)
  • S&P 500: 2,432.40, +3.06, (+0.13%)
  • Nasdaq: 6,296.05, +21.07, (+0.34%)
  • US 10-year yield: 2.178%, +0.031
  • WTI crude oil: $45.75, -2.44, -5.06%

1. Cash-rich companies are king in the stock market right now. With the Federal Reserve expected to hike interest rates later this month, equity investors are seeking companies well-equipped to withstand tighter lending conditions. In other words, stocks with strong balance sheets.

2. America’s hottest investment product has created ‘the greatest bubble ever’. So says Horizon Kinetics co-founder Steven Bregman about ETFs. He argues that the trend was accelerated by a “yield crisis.”

3. Traders are piling into Bill Ackman’s favorite short bet: Herbalife. Now that shares have started to weaken, the billionaire hedge fund manager is starting to make some money back, and he has plenty of company in the form of short sellers.

4. Oil got demolished. Data released by the Energy Information Administration showed an unexpected inventory build, sending the price of resource lower.

5. Trump’s ‘bark has been worse than his bite’ when it comes to trade, Neil Shearing, the chief emerging markets economist at Capital Economics, said at the firm’s Annual Conference in New York on Wednesday. 

ADDITIONALLY:

Uber and Lyft are destroying Chicago’s cab drivers

CREDIT SUISSE: These 8 red-hot tech stocks will keep skyrocketing

Orange juice has moved more than any other commodity this year

Nike and Adidas are making huge investments that should terrify Under Armour

One of the world’s largest marijuana IPOs is a bust

Trump’s massive infrastructure push is missing something significant — an actual plan

Join the conversation about this story »

NOW WATCH: ‘Really?’: A reporter calls out Huckabee’s claim that ‘countless’ FBI employees were happy with Comey’s firing

June 08, 2017 at 01:14AM

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from Joe Ciolli

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Tuesday, June 6, 2017

Former Cameron County judge will avoid trial on public corruption charges – KGBT-TV

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KGBT-TV
Former Cameron County judge will avoid trial on public corruption charges
KGBT-TV
Former Cameron County Judge Pete Sepulveda struck a deal with the District Attorney’s Office on Friday and will avoid trial on public corruption charges. AA. Former Cameron County Judge Pete Sepulveda struck a deal with the District Attorney’s Office
Former Cameron County Judge Strikes Deal On Corruption Chargeskurv

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June 06, 2017 at 01:17AM

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An economist explains how demand for labor creates inflation — and what the Fed can do about it

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Henry Blodget sat down with Carl Weinberg, Chief Economist at High Frequency Economics, to discuss the relationship between inflation and unemployment. Following a transcript of the video. 

Blodget: Listening closely to the Trump Administration, they would say, ‘Yes, but there’s a huge pool of people who are out of the labor force because they’ve gotten very discouraged.’ Some say about two million people. As they see the economy start to heat up, they will come back into the labor force and that will provide the growth in the labor force that you’re talking about, without huge immigration.

Weinberg: Well, maybe. Alright, let’s suppose you’re on the Federal Reserve board. Okay, your  job is to avert the worst possible outcome for the economy and from the point of view from your mandate, that worst possible outcome is a resurgence of inflation. All right, so if that’s your job and all the historical experience tells us that if this particular metric of unemployment goes down any lower, then we’re going to start to get wage increases, then it would be irresponsible for you to ignore all of that history, alright, in exchange for a recent political debating thread. And maybe future history will show that was wrong but given what we know right now is the time to step on the breaks is now before we get into some kind of uncontrollable situation. And again, when we look at the labor market unemployed claims for unemployment insurance are at historic lows. Every signal we’re seeing from the labor market says it’s growing at 1.5% per year and the labor force is only growing by 1%. Something has to give. The Fed’s job is to arrest that process before it gets into it a territory where previously we’ve experienced inflation.

 Blodget: Let’s talk about what this means for the stock market, the economy overall. Are we anywhere close to a recession?

 Weinberg: Well, we at High Frequency Economics, we don’t have a recession in our forecast just yet. Having said that, we’re not unaware of the fact that most of the recessions in the post-war period have been caused by policy, have been caused by the Fed stepping on the brakes too hard, too soon, too everything. Alright, so if history is any guide, a tightening of policy will probably lead to a slow at least a slowdown, if not a downturn of the economy. But we don’t see any of the warning signals for that just yet in the actual economic data. So we’re looking, we’re watching, we’re prepared for that eventuality. But it’s not our baseline forecast right now.

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June 06, 2017 at 01:17AM

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from Betsy Louda

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Nektar Therapeutics (NKTR) Analyst & Investor Event at 2017 ASCO Annual Meeting – Slideshow

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June 06, 2017 at 01:16AM

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Deals Rumor Mill: Toshiba, State Bank of India, Petronas

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Apple and Amazon are teaming with Foxconn to bid for Toshiba’s multibillion-dollar memory chip business, State Bank of India is set to sell up to $2.33 billion worth of shares and Malaysia-based Petronas could collect $1 billion through the sale of a stake in a local upstream gas project.

June 06, 2017 at 01:16AM

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Monday, June 5, 2017

Man Jailed For 180 Days For Refusing To Give Police His iPhone Password

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By Rachel Blevins Should Americans face jail time for refusing to surrender their passwords to police, or is the request alone a violation of their…

June 05, 2017 at 01:20AM

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from Activist Post

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