Byline: Chip Barnett Top-rated municipal bonds finished stronger on Wednesday, according to traders, as issuers in Indiana and Florida pumped in some supply. Secondary marketThe yield on the 10-year benchmark muni general obligation fell two basis points to 1.88% from 1.90% on Tuesday, while the ... (Publication: The Bond Buyer)
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Munis Finish Stronger as Deals Sell
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Treasury 2-Year Floaters Sold with High Discount Margin of 0.060%
The Treasury Department Wednesday auctioned $13 billion of one year 11-month floating rate notes with a high discount margin of 0.060%, at a 0.060% spread, a price of 99.999848. The bid-to-cover ratio was 3.09. Tenders at the high margin were allotted 47.88%. The median discount margin was 0.054%. ... (Publication: The Bond Buyer)
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Tech Giants Reject 'Voluntary' Tax Code
Byline: Joanna Mather Aug 24, 2017 (The Australian Financial Review - ABIX via COMTEX) -- There has been a mixed response from companies to the Australian Government's voluntary tax disclosure code. Revenue Minister Kelly O'Dwyer says foreign-owned companies have shown less willingness to sign up ... (Publication: Australasian Business Intelligence)
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WPP Sounds Warning on Consumer Ad Spending
Byline: Nick Kostov Aug 24, 2017 (The Australian - ABIX via COMTEX) -- Global advertising group WPP has posted a 2017 interim profit before interest and tax of Stg882m, which is 15 per cent higher than previously, while revenue was up 13 per cent at Stg7.4bn. However, WPP now expects net sales ... (Publication: Australasian Business Intelligence)
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Commerce Union Bancshares Announces Merger with Community First
Global Banking News-August 24, 2017--Commerce Union Bancshares announces merger with Community First (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 August 2017 Commerce Union Bancshares Inc. (NASDAQ: CUBN), the parent company for Reliant Bank, has said that it has signed ... (Publication: Global Banking News (GBN))
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Southwest Georgia Financial Corporation Declares Dividend
Global Banking News-August 24, 2017--Southwest Georgia Financial Corporation declares dividend (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 August 2017 Southwest Georgia Financial Corporation (NYSE: SGB), the parent company of Southwest Georgia Bank, has said that its ... (Publication: Global Banking News (GBN))
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Fitch Says Turkish Banks Are Well-Capitalised
Global Banking News-August 24, 2017--Fitch says Turkish banks are well-capitalised (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 August 2017 Fitch Ratings has opined that Turkish banks are largely well capitalised and that loan growth could be substantial. The ratings ... (Publication: Global Banking News (GBN))
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Intesa Sanpaolo to Purchase Wealth Firm
Global Banking News-August 24, 2017--Intesa Sanpaolo to purchase wealth firm (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 August 2017 Italy-based Intesa Sanpaolo is to purchase a Geneva-based wealth manager. Banque Morval is to be acquired by the Italian bank. The sale ... (Publication: Global Banking News (GBN))
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Telltale Signs You Cannot Handle Your Company's Finances
Every entrepreneur needs finance skills. But not every entrepreneur has them, according to Neil Petch, Chairman at Virtugroup. Most entrepreneurs will have bags of acumen and expertise in their chosen sector-if they did not they would not be there in the first place. But managing a start-up's ... (Publication: CPI Financial)
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DP World Revenue Grew 9.6 per Cent in the First Half of 2017
Like-for-like earnings rose 15.8 per cent. Global trade enabler DP World today announces solid financial results for the six months to 30 June 2017. On a reported basis, revenue grew 9.6 per cent and adjusted EBITDA increased by 4.2 per cent. Adjusted EBITDA margin was 53.4 per cent, delivering ... (Publication: CPI Financial)
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Royal Bank of Canada to Cut Number of Branches
Global Banking News-August 24, 2017--Royal Bank of Canada to cut number of branches (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 August 2017 Royal Bank of Canada (RBS.TO) is to cut the number of its branches. The bank said that its customers are focussed on digital ... (Publication: Global Banking News (GBN))
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Cornerstone National Bank to Be Purchased by First Community Corp
Global Banking News-August 24, 2017--Cornerstone National Bank to be purchased by First Community Corp (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 August 2017 Easley-based Cornerstone Bancorp and Lexington-based First Community Corp have announced a merger plan. The ... (Publication: Global Banking News (GBN))
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GCC Corporate Earnings Wanes
A decline of one per cent in the first half with an expected turnaround of 8.1 per cent by the end of the year. GCC corporates posted a negative one per cent growth compared to the same period last year. Saudi Arabia, Bahrain and Kuwait were three countries to put up positive earnings performance ... (Publication: CPI Financial)
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SCCI Informs Members about VAT Procedures
The Sharjah Chamber of Commerce & Industry (SCCI), in cooperation with the Federal Tax Authority, organised an awareness workshop on new developments in the tax system in the UAE and mechanisms for applying value-added tax (VAT). The workshop, which was hosted at SCCI premises on 23 august 2017 ... (Publication: CPI Financial)
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Nagase America Acquires Fitz Chem Corporation
International Resource News-August 24, 2017--Nagase America acquires Fitz Chem Corporation (C)1994-2017 ENPublishing - httpwww.enpublishing.co.uk International Resource News - 24 August 2017 Nagase America, a member of the NAGASE Group (NAGASE), has acquired Fitz Chem Corporation, a United ... (Publication: International Resource News (IRN))
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Public Service Electric and Gas Receives Approval for Proposal to Extend Three Popular Energy Efficiency Programs and Implement Two New Ones
International Resource News-August 24, 2017--Public Service Electric and Gas receives approval for proposal to extend three popular energy efficiency programs and implement two new ones (C)1994-2017 ENPublishing - httpwww.enpublishing.co.uk International Resource News - 24 August 2017 United ... (Publication: International Resource News (IRN))
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Wealthsimple Launches Portfolio for Islamic Clients
Global Banking News-August 24, 2017--Wealthsimple launches portfolio for Islamic clients (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 August 2017 Toronto-based wealth management firm, Wealthsimple, has said that it has launched a portfolio for investments for Islamic ... (Publication: Global Banking News (GBN))
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India'sYes Bank Enters into Partnership with BonusHub
Global Banking News-August 24, 2017--India'sYes Bank enters into partnership with BonusHub (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 August 2017 India-based Yes Bank, considered to be India's fifth largest private sector bank, has said that it has partnered with ... (Publication: Global Banking News (GBN))
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Industry Bodies Says Compulsory Insurance for Off-Road Vehicles Would Not Be Welcome
Global Banking News-August 24, 2017--Industry bodies says compulsory insurance for off-road vehicles would not be welcome (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 August 2017 Industry bodies have said that owners of vehicles plying on private land will be compelled ... (Publication: Global Banking News (GBN))
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Evercore Partners Inc. to Be Named Evercore Inc
Global Banking News-August 24, 2017--Evercore Partners Inc. to be named Evercore Inc. (C)2017 ENPublishing - httpwww.enpublishing.co.uk Global Banking News - 24 August 2017 Evercore Partners Inc. (NYSE: EVR) has said that its board of directors has approved changing the firm's name to Evercore Inc. ... (Publication: Global Banking News (GBN))
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