Tax reform and bank earnings [Video]

Tax reform and bank earnings [Video]

01/11 18:47 Anonymous 0

In the coming days, some of Wall Street’s major banks are expected to announce multi-billion dollar write-downs because of tax reform.“That seems like a big impact, but it is a funny kind of thing,” Kotowski wrote.

No Picture

Lockheed enhances capability of its Aegis missile-defense system

01/11 18:46 Anonymous 0

(Reuters) - Lockheed Martin Corp said on Thursday it had connected key components of its new long-range discrimination radar (LRDR) with its Aegis Ashore missile-defense system to enhance Aegis's capabilities.With this technology, the Aegis missile-defense system - a collection of radar stations and interceptors - will be simultaneously able to detect threats from longer distances and combat targets with reduced reaction time, the U.

No Picture

Fiat Chrysler to Move Some Truck Production to Michigan

01/11 18:46 Anonymous 0

11, 2018 7:30 p.ET







Fiat Chrysler Automobiles NV said Thursday it would invest $1 billion to move production of profitable trucks from Mexico to Michigan, a move that will significantly lower the auto maker’s exposure to potential changes to the North American Free Trade Agreement.

No Picture

This Year's Biggest Surprise Stock Mover May Be General Electric

01/11 18:46 Anonymous 0

General Electric has kicked off the new year on a strong note, with its shares up around 10% in the first week and a half of trading.The industrial behemoth is coming out of an especially turbulent year that sent its stock price down a staggering 45 percent, even as the broader market smashed records.

No Picture

How to Punish Auditors Behaving Badly

01/11 18:46 Anonymous 0

A two-year ban in India for PwC makes a good headline, but the impact may be light




















Jan.ET







We expect auditors to do a thorough examination of work and processes: heaven help anyone who has failed to file correctly.

Bull of the Day: Micron Technology (MU)

Bull of the Day: Micron Technology (MU)

01/11 18:46 Anonymous 0

Recent Earnings DataThe company reported Q1 18 earnings results on December 19th where they beat both top and bottom line expectations for the third consecutive quarter.To add to this positive news, management commented that its Taiwan facility (back end test and assembly) would produce meaningful output by the end of FY 18.

No Picture

Warren Buffett Just Ripped Cryptocurrency to Shreds

01/11 18:46 Anonymous 0

Warren Buffett does not know when prices for Bitcoin and other cryptocurrencies will crash, but the billionaire investor said “with almost certainty” that things are going to take a turn for the worse.“In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending,” Buffett said during a Wednesday morning interview on CNBC’s “Squawk Box.