Comerica (CMA) Q1 Earnings Improve Y/Y, Expenses Escalate

2018-04-17 zacks
Comerica (CMA - Free Report) reported adjusted earnings per share of $1.54 in first-quarter 2018, up from the prior-year quarter adjusted figure of $1.02 on high interest income. Including certain non-recurring items, earnings came in at $1.59. The Zacks Consensus Estimate was $1.49. Higher revenues and improved credit metrics were recorded. Moreover, rise in loans was another tailwind. However, lower deposits and rise in expenses were undermining factors. (125-0)
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Tech firms sign pledge to refrain from helping cyberattacks - Channel NewsAsia

2018-04-17 channelnewsasia
SAN FRANCISCO: Thirty-four global technology companies and organisations signed a pact on Tuesday (Apr 17) calling for a stronger defence against cyberattacks in any form and pledging to refrain from helping governments attack "innocent" civilians or enterprises. (1-0)
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Martin J. Whitman, Third Avenue Management Founder, Dies at 93 - Bloomberg

2018-04-17 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (1-0)
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Northern Trust's (NTRS) Management on Q1 2018 Results - Earnings Call Transcript

2018-04-17 seekingalpha
Ladies and gentlemen, thank you for standing by. Good day, and welcome to the Northern Trust Corporation First Quarter 2018 Earnings Conference Call. Today's call is being recorded. (2-0)
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Tech firms, including Microsoft, Facebook, vow not to aid government cyber attacks

2018-04-17 channelnewsasia
SAN FRANCISCO: Microsoft, Facebook and more than 30 other global technology companies on Tuesday announced a joint pledge not to assist any government in offensive cyber attacks. (1-0)
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Banks: The Classic, The Grower, And The Dirty Duck

2018-04-17 seekingalpha
We are already in the second earnings seasons of the year and the market is already going sideways on some strange rationale. As the economy is doing well, the Fed is increasing its short-term interest rate. This obviously has an impact on all rates that are now pointing higher. (30-0)
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Tech firms, including Microsoft, Facebook, vow not to aid government cyber attacks

2018-04-17 reuters
SAN FRANCISCO (Reuters) - Microsoft, Facebook and more than 30 other global technology companies on Tuesday announced a joint pledge not to assist any government in offensive cyber attacks. (1-0)
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Lithium Investing: Capital Continues To Flow Into Lithium Assets As Demand Rises

2018-04-16 seekingalpha
Battery production continues to climb as automakers bring new options to market; new energy vehicle sales figures continue to rise. (40-2)
2333 8015 AJM ALB ALTAF EGT EGTYF GALXF GCPEF GCPEY GWLLY GXY LAC LACDF MLNLF NMKEF NMX OROCF PCRFY PILBF PKXFF PLS SSDIY SSNLF STGYF TYHOF

American Express' (AXP) Billings, Loans to Aid Q1 Earnings

2018-04-17 zacks
American Express Company’s (AXP - Free Report) first-quarter 2018 results should see upside from accelerated growth in billings and continued strong growth in loans and fees. The company’s global commercial and global consumer segments represents 40% and 43% of billings, respectively, and Global Network Services makes up the remaining 17% of billings. In the fourth quarter, the company had witnessed record billings and strong loan growth, which helped drive a 10% increase in revenues. (99-0)
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My Letter To Shareholders From BlackRock's 2017 Annual Report

2018-04-17 seekingalpha
My earliest lessons on the importance of investing came from my parents. My father owned a small business - a shoe store - and my mother taught English at a local university. They earned a solid income and their hard work created many opportunities for us, but we certainly weren't rich. I remember all the times my brother and sister and I would ask our parents whether we were saving for a bigger house or a new car. (32-0)
3772 BLK

Emerging markets have had a good run; things may get bumpier

2018-04-17 bworldonline
Emerging markets have weathered this year’s market volatility just fine so far. But some investors are using this as an opportunity to get a lot more selective, with challenges looming from trade tensions to the winding down of central-bank stimulus. (5-0)
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China economic growth shored up by consumption as industry eases

2018-04-17 bworldonline
China’s economic expansion held up amid robust consumer spending, underpinning global growth and giving authorities room to purge excessive borrowing, while the industrial sector showed signs of modest slowdown. (7-0)
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Irving Resources Receives Approval of Prospecting Applications at its Sado Island Gold Project, Japan

2018-04-17 globenewswire
VANCOUVER, British Columbia, April 17, 2018 (GLOBE NEWSWIRE) -- Irving Resources Inc. (CSE:IRV) (“Irving” or the “Company”) is pleased to announce that its wholly-owned subsidiary, Irving Resources Japan GK, has recently received approval of all prospecting licenses from the Ministry of Economy, Trade and Industry (“METI”), Kanto Bureau at its Sado Island Gold Project, Japan.
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Currency Wars - Bloomberg

2018-04-16 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (4-1)
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Cameo Resources Corp.: Softbank Group Makes Strategic Investment In Nemaska Lithium’s Proposed Whabouchi Mine

2018-04-17 globenewswire
VANCOUVER, British Columbia, April 17, 2018 (GLOBE NEWSWIRE) -- Cameo Resources Corp. (TSX Venture:CRU) (OTC:CRUUF) (FWB:SY7D) (the “Company” or “Cameo Resources”) is pleased to note Softbank Group Corp’s intentions to invest up to $99,075,000 to acquire up to 9.9% of Nemaska Lithium Inc.’s outstanding common shares. Nemaska Lithium Inc. holds the Whabouchi Lithium deposit claims, which extend to within 1 km of Cameo’s Montagne Lake Property in central Québec. (2-0)
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Wall Street titan Hank Greenberg takes aim at the law that tripped him up

2018-04-16 cnbc
Mr. Greenberg, known as Hank, is a revered figure on Wall Street who built the American International Group into an insurance giant, only to lose it in 2005 amid a securities fraud investigation. He fought the New York attorney general's office for a dozen years before he agreed to pay $9 million as part of a civil settlement last year. (65-1)
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New Strong Sell Stocks for April 17th

2018-04-17 zacks
ABM Industries Incorporated (ABM - Free Report) is a provider of integrated facility solutions in the United Sates as well as globally. The Zacks Consensus Estimate for its current year earnings has been revised 8.1% downward over the last 60 days. (155-0)
8685 ABM AGII AGIIL AIG AIZ AMH APO AVF RELX REN SEDG TROX TROXG TROXW WDC

Masayoshi Son's Treating SoftBank Bondholders Like Dirt. Again - Bloomberg

2018-04-16 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (2-1)
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VW's trucks division open to buying majority of Navistar

2018-04-16 reuters
MUNICH (Reuters) - Volkswagen (VOWG_p.DE) is open to buying a majority stake in U.S. truckmaker Navistar “at some point,” it said on Monday, as the German automaker prepares its trucks business for a possible stock market listing that could help raise funds to expand. (1-1)
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VW's trucks division open to buying majority of Navistar

2018-04-16 channelnewsasia
Volkswagen is open to buying a majority stake in U.S. truckmaker Navistar "at some point," it said on Monday, as the German automaker prepares its trucks business for a possible stock market listing that could help raise funds to expand. (1-1)
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Servier to Acquire Shire's Oncology Business for $2.4B

2018-04-16 genengnews
Shire said today it agreed to sell its oncology business to Servier for $2.4 billion, in a deal that advances the buyer’s goal of expanding in cancer treatments—and has led to conflicting speculation about whether Shire would accept a takeover offer from would-be suitor Takeda Pharmaceutical should such a bid emerge later this month. (2-1)
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Shire's $2.4 Billion Cancer-Unit Sale Sweetens Takeda Appeal - Bloomberg

2018-04-16 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (24-2)
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Excise tax increase triggers widespread cigarette smuggling

2018-04-16 bworldonline
THE BUREAU of Internal Revenue (BIR) said smuggled cigarettes are currently flooding the market, in response to the rise in excise taxes this year. (2-1)
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VW to Tesla Set to Win From China Move to Remove Ownership Caps - Bloomberg

2018-04-17 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (9-0)
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6 Most Important Things In Business Today

2018-04-17 247wallst
China’s economy grew at a slightly faster-than-expected pace of 6.8 percent in the first quarter, buoyed by strong consumer demand, healthy exports and robust property investment. (65-0)
7203 DDAIF GM NFLX SBUX TM TOYOF TRI TSLA TYT VLKAF

The Zacks Analyst Blog Highlights: General Dynamics, Verizon Communications, American International Group, Humana and eBay

2018-04-16 zacks
Chicago, IL – April 16, 2018 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include General Dynamics (GD - Free Report) , Verizon Communications (VZ - Free Report) , American International Group (AIG - Free Report) , Humana (HUM - Free Report) and eBay (EBAY - Free Report) . (92-1)
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Nomura says Abe scandal and trade risk could erupt for Japan stocks

2018-04-16 japantimes.co.jp
Stock investors should take note that the risks of domestic political upheaval or trade friction are far from gone away. (5-2)
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Japan’s Automakers Risk Missing Global Car Connectivity Boom - Bloomberg

2018-04-17 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (6-0)
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Having lost the smartphone battle, Japan now lags on connected cars

2018-04-17 japantimes.co.jp
In the race to build cars with digitally connected services — such as the ability to order coffee via a dashboard display — Toyota Motor Corp. and Nissan Motor Co. risk being held back by their home market. (162-0)
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Uber executive plays down deal prospects in Brazil, citing scale

2018-04-17 channelnewsasia
Uber's robust growth in Brazil, its biggest market outside the United States, has given the ride-hailing app a far stronger position than it had in Asian markets that it recently exited, a senior executive said on a visit to South America. (2-0)
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Ride-hailing firm Ola to add 10,000 electric three-wheelers to fleet

2018-04-16 livemint
New Delhi:Indian ride-hailing firm Ola, backed by Japan’s SoftBank Group, said it will add 10,000 electric three-wheelers to its fleet over the next 12 months as part of a plan to promote the use of electric vehicles. (2-1)
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Uber executive plays down deal prospects in Brazil, citing scale

2018-04-17 reuters
(Reuters) - Uber’s robust growth in Brazil, its biggest market outside the United States, has given the ride-hailing app a far stronger position than it had in Asian markets that it recently exited, a senior executive said on a visit to South America. (2-0)
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Deals of the day-Mergers and acquisitions

2018-04-16 reuters
April 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Monday: ** Shire, the London-listed rare diseases specialist that is a potential takeover target for Japan’s Takeda Pharmaceutical, is selling its oncology business to unlisted French drugmaker Servier for $2.4 billion. ** China National Chemicals Corp, or ChemChina, confirmed that it plans to increase its stake in global energy trader Mercuria Group and sell the trader a minority stake in the state firm’s refining business. (70-1)
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With Smartphone Battle Lost, Japan Now Trails on Connected Cars - Bloomberg

2018-04-16 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (162-1)
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Japan to trial 'world's first urine test' to spot cancer

2018-04-17 channelnewsasia
TOKYO: A Japanese firm is poised to carry out what it hailed as the world's first experiment to test for cancer using urine samples, which would greatly facilitate screening for the deadly disease. (1-0)
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Japan to trial 'world's first urine test' to spot cancer

2018-04-17 yahoo
A Japanese firm is poised to carry out what it hailed as the world's first experiment to test for cancer using urine samples, which would greatly facilitate screening for the deadly disease. (1-0)
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Nikkei ends flat as investors worry Trump will pressure Abe on trade

2018-04-17 reuters
TOKYO, April 17 (Reuters) - Japan’s Nikkei ended little changed on Tuesday as investors turned cautious ahead of a meeting between Prime Minister Shinzo Abe and U.S. President Donald Trump which Tokyo fears may link vital security matters with touchy trade issues. (7-0)
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Cigarette smuggling on the rise – BIR

2018-04-16 business.inquirer.net
Cigarette smuggling is on the rise partly due to higher prices as a result of increased excise taxes under the first tax reform package, Internal Revenue Commissioner Caesar R. Dulay said on Monday. (2-1)
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After quakes, manufacturers step up business continuity planning

2018-04-16 japantimes.co.jp
The March 2011 earthquake and tsunami in Tohoku and the 2016 Kumamoto quakes have prompted many domestic manufacturers to draw up plans to ensure business operations continue in the event of natural disasters. (12-1)
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Ride-hailing firm Ola to add 10,000 electric three-wheelers to fleet - Channel NewsAsia

2018-04-16 channelnewsasia
NEW DELHI: Indian ride-hailing firm Ola, backed by Japan's SoftBank Group, said it will add 10,000 electric three-wheelers to its fleet over the next 12 months as part of a plan to promote the use of electric vehicles. (2-1)
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News LIVE: India starts antidumping probe on chemical from Brazil, Indonesia, Thailand

2018-04-16 moneycontrol
India starts antidumping probe on chemical from Brazil, Indonesia, Thailand India has initiated a probe into the alleged dumping of a chemical used in paint and leather industry from Brazil, Indonesia and Thailand following a complaint from a domestic player.The commerce ministry's investigation arm - Directorate General of Antidumping and Allied Duties (DGAD) - has stated that it has found sufficient evidence of dumping of 'non-plasticised industrial grade nitrocellulose excluding nitrocellulose damped in Ethanol and waterwet' from these three countries. (13-1)
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Nikkei flat; investors on sidelines ahead of Japan-US meet

2018-04-17 thehindubusinessline
Tokyo, April 17 Japanese shares were flat on Tuesday morning as investors turned cautious ahead of a meeting between Prime Minister Shinzo Abe and US President Donald Trump in which Tokyo fears the latter may link vital security matters with touchy trade topics. (7-0)
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WeWork Venture Pays $826 Million for London Offices - Bloomberg

2018-04-16 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (42-1)
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Efforts afoot to tap electric car batteries to power homes

2018-04-17 japantimes.co.jp
When Damien Maguire moved to the countryside outside Dublin, he struggled to keep the lights on at home because of the town’s constant power outages. He found a solution inside his electric cars: their batteries. (21-0)
7211 9501 MMTOF MMTOY RDS.A RDS.B RDSA RDSB RYDAF RYDBF TKECF TKECY

Nikkei flat; investors on sidelines ahead of Japan-U.S. meet

2018-04-17 reuters
TOKYO, April 17 (Reuters) - Japanese shares were flat on Tuesday morning as investors turned cautious ahead of a meeting between Prime Minister Shinzo Abe and U.S. President Donald Trump in which Tokyo fears the latter may link vital security matters with touchy trade topics. (7-0)
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SoftBank’s Billions Spur Global Race to Pour Money Into Startups - WSJ

2018-04-16 wsj
When Tony Xu, chief executive of food-delivery company DoorDash Inc., began raising funding late last year, he told investors he expected to raise up to $250 million to support his growing, five-year-old business. (2-1)
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News LIVE: IHH says Fortis board did not take engage with takeover offer

2018-04-16 moneycontrol
Malaysia's IHH says Fortis board declines to engage on takeover offer Malaysia’s IHH Healthcare Bhd said on Monday India’s Fortis Healthcare Limited declined to engage with the company regarding a takeover offer, citing binding agreements with other parties.IHH, one of Asia’s largest healthcare operators, offered to buy Fortis last week at a price that values the hospitals chain at about USD 1.3 billion — higher than the roughly USD 1. (13-1)
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Tronc in Play: Apollo, Gannett May Buy All or Pieces - Bloomberg

2018-04-17 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. (16-0)
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Tokyo looks to challenge Japan’s conformism by becoming innovation hub

2018-04-16 japantimes.co.jp
Tokyo is vying to become an innovation hub for entrepreneurs and investors, challenging Japan’s reputation as an environment that fails to nurture entrepreneurship, and a new nonprofit organization is hoping to play a leading role. (34-1)
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Japan lost the smartphone battle. Now it lags on connected cars

2018-04-17 scmp
The risk is akin to what happened to mobile phones a decade ago, when Japanese brands missed an industry-wide shift to smartphones (162-0)
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