March 02,2018 United States: Stocks SINK, Bonds Rally on Trump's Metals Duties: Markets Wrap U.S. stocks plunged and Treasuries climbed Thursday after U.S. President Donald Trump promised to impose substantial tariffs on foreign metals, drawing a rebuke from a manufacturing industry group and the European Commission. The S&P 500 Index briefly fell below its 100-day
March 01, 2018 Supreme Ventures Limited (SVL) for the year ended December 31, 2017 reported a 25% in revenues from $44.92 billion for the 2016, up to $56.19 billion in 2017. While for the fourth quarter revenues totaled $14.95 million relative to $11.87 million in 2016.SVL noted, “2017 was a year of significant growth for Supreme
March 01,2108 Sterling Investments Limited (SIL) for the year ended December 31, 2017, reported a 35% decline in total revenue to $91.98 million compared to $141.43 million recorded for the corresponding period in 2016. Of total revenue: Interest income closed the period at $79.08 million, up 1.3% from the $78.10 million for the comparable period
March 01,2018 For the period of April 2017 to January 2018, the GOJ reported Total Revenues & Grants of $434.88 billion, $15.66 billion more than the government’s projection. Furthermore, year over year, this represents an increase of approximately 11% relative to the $391.84 billion recorded for the corresponding period in 2017. ‘Tax Revenue’, ‘Non-Tax Revenue’
March 1, 2018 United States: U.S. Fourth-Quarter Growth Revised Down to 2.5% Annual Pace The U.S. economy’s growth rate last quarter was revised slightly downward as inventories subtracted more than previously estimated, Commerce Department data showed Wednesday. The latest results for GDP, the value of all goods and services produced in the U.S., show the
February 28,2018 United States: Powell's Rosy Outlook Invites Fed to Weigh Four 2018 Rate Hikes Jerome Powell opened the door to the Federal Reserve raising U.S. interest rates four times this year as he acknowledged stronger economic growth may prompt policy makers to rethink their plan for three hikes. “My personal outlook for the economy
February 27,2018 United States: Fed's Quarles Raises Hope for Faster, Sustained U.S. Growth Pace Federal Reserve Governor Randal Quarles offered an optimistic view of the U.S. economy, suggesting it may be on the cusp of a sustained period of faster growth and reaffirming his support for “gradual” interest-rate increases. “Some of the factors that have
February 26,2018 Please see advisory below from NCB Financial Group Limited (NCBFG). NCBFG-Press-Release-Lapse-of-Bid The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any Action in reliance on the contents of this information is
February 26,2018 United States: Powell May Accept Inflation Overshoot to Extend U.S. Expansion Federal Reserve Chairman Jerome Powell and his colleagues may be willing to accept inflation rising as high as 2.5 percent as they seek to extend the almost nine-year economic expansion. So say a number of veteran Fed watchers who argue that the
