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Rental income beyond Rs 20 lakhs to attract GST

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Further, the Input Tax Credit (ITC) Scheme under GST does not allow ITC of membership of a club, health and fitness centre [section 17 (5) (b) (ii)]. There seems to be a looming question mark over the tax rates printed on restaurant bills. For instance, some of the inputs and input services, such as sugar, vegetable edible oils, ghee, butter, and the service for transportation of these goods, used in the making of such offerings will remain within the ambit of GST. Read More »

Ofgem sets out tougher price controls for Britain's energy networks from 2021

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Citizens Advice claims Ofgem made three costly incorrect assumptions when setting the current price controls: Overestimating business risk for investors and overestimating future interest rates will cost consumers £6.4bn, it forecasts. The energy regulator's intervention - which looks ahead to the next round of controls in 2021 - will affect the price charged by energy networks to household suppliers. Read More »

Plane misses runway, nearly lands on taxiway near 4 planes lined up

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In audio posted on liveatc.net, which records flight communications, the pilot on the plane from Toronto and the air traffic controller sounded calm as the close call unfolded. "Yeah, I saw that guys", the control tower responded. "OK, Air Canada 759", the pilot replies. A spokesman for the airport said there would be no further comment. Read More »

Trader Alert: Unusual Volume Spotted in Frontier Communications Corporation (NASDAQ:FTR)

It has outperformed by 1.95% the S&P500. Frontier Communications Corporation has a consensus hold rating from 14 Wall Street analysts, and the number of shares now sold short amount to at least 23.84% of shares outstanding. First Trust Advisors LP increased its position in Frontier Communications Corporation by 37.4% in the first quarter. This represents a $0.16 annualized dividend and a dividend yield of 1.15%. Read More »

The Starbucks Corporation (SBUX) Shares Sold by US Bancorp DE

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These ratios are important while doing valuation of the company or the shares of the company. Molson Coors Brewing Co (TAP) has declined 3.45% since July 11, 2016 and is downtrending. During the trading on 07/11/2017, Company's stock ranged from $22.470 to $22.090. The stock has been downbeat for quite some time as is down -6.90% for the last 20 trading days, and now the firm's performance is turning out to be bearish with a -0.60% fall for the week. Read More »

Navient Corporation (NAVI) Upgraded to Strong-Buy at ValuEngine

Analysts await Stepan Company (NYSE:SCL) to report earnings on July, 19. Zacks' EPS calculations are an average based on a survey of sell-side analysts that follow Navient Corporation. This dividend amount was represent a yeild of $3.96. Navient Corporation's dividend payout ratio is now 33.86%. In other news, Director Gilleland Diane Suitt sold 5,467 shares of the firm's stock in a transaction dated Monday, April 24th. Read More »

Seaport Global Securities Reiterates "Neutral" Rating for Cummins Inc. (CMI)

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Therapeuticsmd Inc now has $1.05 billion valuation. About 11.74 million shares traded. TherapeuticsMD Inc (NYSEMKT:TXMD) has declined 46.30% since July 11, 2016 and is downtrending. On Wednesday, April 27 the stock rating was maintained by Cowen & Co with "Outperform". Richard Bernstein Ltd holds 0.15% of its portfolio in Cummins Inc. Read More »

Which Analysts Are Watching American Equity Investment Life Holding Company (NYSE:AEL)?

AEL's profit would be $53.32 million giving it 11.58 P/E if the $0.59 EPS is correct. Schneider Mngmt has 1.73% invested in American Equity Investment Life Holding (NYSE:AEL). Sectoral Asset Management Inc, a Quebec - Canada-based fund reported 729,117 shares. "Has $1.70 Million Stake in American Equity Investment Life Holding Company (AEL)" was first reported by Sports Perspectives and is the sole property of of Sports Perspectives. Read More »

HighTower Advisors LLC Increases Position in Harley-Davidson, Inc. (HOG)

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Ross Stores Inc now has $20.64B valuation. Volume on the day was 2.24 million shares. UBS Group AG (USA) (NYSE:UBS) has risen 14.86% since July 11, 2016 and is uptrending. Russell Investments Group Ltd. acquired a new position in Harley-Davidson during the fourth quarter worth approximately $6,348,000. 56 funds opened positions while 121 raised stakes. Read More »

Jefferies Group LLC Reiterates "Buy" Rating for Amazon.com, Inc

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The stock rose 0.71% or $7.01 reaching $1001.14 per share. About 387 shares traded. On average, equities analysts anticipate that Amazon.com, Inc. will post $6.68 earnings per share for the current year. On Monday, May 15 the insider Reynolds Shelley sold $521,627. About 3,047 shares traded. They set a "buy" rating and a $1,100.00 price objective on the stock. Read More »

NRG Yield, Inc. (NYSE:NYLD) Downgraded to Buy at BidaskClub

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These ratios are important while doing valuation of the company or the shares of the company. For the quarter, shares are performing at -23.61%. Janus Capital Management LLC now owns 26,700 shares of the utilities provider's stock worth $422,000 after buying an additional 1,800 shares during the last quarter. Read More »

Vetr Inc. Lowers Alibaba Group Holding Limited (NYSE:BABA) to Hold

Charlemagne Capital Ltd. now owns 177,062 shares of the specialty retailer's stock valued at $15,490,000 after buying an additional 5,870 shares in the last quarter. The stock has "Buy" rating by Cantor Fitzgerald on Wednesday, September 9. Jefferies maintained Alibaba Group Holding Ltd (NYSE: BABA ) on Thursday, November 3 with "Buy" rating. Read More »

Caution ahead of Yellen's congressional testimony

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Even with the economy picking up and inflation expected to eventually move up towards the two percent target, from about 1.4 percent now, the Fed repeated its view that "the ongoing strength in the economy will warrant gradual increases in the federal funds rate". Read More »

Hyperloop One co-founders on making high-speed travel a reality

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Hyperloop One announced on CBS today that the company had their Kitty Hawk moment. Using magnetic levitation and propelled by electrical charges, the test sled coasted through the Hyperloop tube for 5.3 seconds. This means that the test pod was basically traveling in conditions similar to an aircraft flying at around 200,000 feet in the air, where the lack of air resistance allows for much higher travel speeds. Read More »

Wednesday's Mortgage Interest Rates at Citibank, PHH Jul 12, 2017

Since then, rates have come up nine basis points and the refinance index has declined 20 percent to hit a low for the year. 7 year ARMs have been quoted at 3.750% now with a starting April of 3.975%. ARMs in the 5 year category have been quoted at 3.625% at PHH Mortgage with an April of 3.959%. The 7 year ARM deals have been listed at 3.750% and April of 3.975%. Read More »

Australian man checks in beer can as luggage on flight

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It was, therefore, surprised to see his spray can to the destination before all the other baggage. The flier, identified only as Dean, said he was surprised to find his beer had survived Saturday's journey. According to Peter Ellis of travel site FlightMood , seeing a can of beer on the airport conveyor belt is not as uncommon as you might think. "I was right up the back end of the plane, so I rocked up to the baggage carousel late", he said. Read More »

Analysts Near-Term outlook: Sysco Corporation (SYY), American Airlines Group Inc. (AAL)

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On Friday, June 2 EBERWEIN ELISE R sold $1.66M worth of American Airlines Group Inc (NASDAQ:AAL) or 33,400 shares. (AAL) is an interesting player in the Services space, with a focus on Major Airlines. They now have a United States dollars 48 price target on the stock. Company's Return on Investment (ROI) shows a figure of 13.00%. The score is a number between one and one hundred (1 being best and 100 being the worst). Read More »

The Citizens Financial Group, Inc. (CFG) Downgraded to C at TheStreet

Conocophillips now has $52.94B valuation. The stock has a beta value of 1.32. ConocoPhillips (NYSE:COP) has risen 9.50% since July 10, 2016 and is uptrending. Private Advisor Grp Incorporated Ltd accumulated 24,690 shares. Cibc Asset Management Incorporated reported 0.05% in Citizens Financial Group Inc (NYSE:CFG). Read More »

RBS agrees £4.2 billion deal to resolve USA mortgage probe

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Royal Bank of Scotland will pay US$5.5 billion to settle one of the two major U.S. investigations into allegations it mis-sold mortgage-backed bonds that it needs to resolve before the British government can sell its shares. McEwan has been trying to clean up RBS's balance sheet and end an array of legal cases so the government can sell its more than 70% stake in the bank after a 46 billion pound (US$59.6 billion) bailout during the financial crisis. Read More »

Genworth Financial Inc (GNW) Downgraded to "Sell" at BidaskClub

The company have shares float of 497.44 million. An issue of Genworth Financial Inc (NYSE: GNW ) debt rose 1.6% as a percentage of its face value during trading on Wednesday. 198.07 million shares or 0.32% less from 198.70 million shares in 2016Q3 were reported. Gross Profit (ttm) is 1.85 Million. COPYRIGHT VIOLATION NOTICE: " Genworth Financial Inc (GNW) Downgraded to "Sell" at BidaskClub " was first published by Transcript Daily and is owned by of Transcript Daily. Read More »

BHP Billiton plc (LON:BLT) Stock Rating Reaffirmed by Macquarie

A number of other analysts have also weighed in on the company. Ladenburg Thalmann Financial Services Inc. raised its stake in shares of BHP Billiton Limited by 10.5% in the fourth quarter. The stock's market cap is GBX 68.31 billion. On July 5 the stock rating was upgraded from " to "Outperform" in a report from Bernstein. The original version of this piece can be accessed at https://www.themarketsdaily.com/2017/07/12/bhp-billiton-plc-lonblt-stock-rating-reaffirmed-by-macquarie.html. Read More »

Shell to exit upstream business in Ireland with $1.23 billion stake sale

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Of the deferred consideration of USD285 million, equal to about EUR250 million, Shell said up to EUR150 million is contingent on average UK National Balancing Point prices - or gas prices - being above 2.03 euro cents per kilowatt hour between 2018 and 2022, while the other EUR100 million is subject to production thresholds being met, which would be paid annually between 2019 and 2025. Read More »

Clay Aiken says Donald Trump didn't do the firing on 'Celebrity Apprentice'

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Aiken , who was a contestant on Celebrity Apprentice in 2012, claims Trump was not the one making the final decision on the show and he instead relied on a teleprompter, according to the Daily Mail . Saying he thinks Trump is actually a "nice guy", Aiken maintained he's "probably leading the country in the same way that he did 'The Apprentice '". Read More »