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  • Obama Administration To Propose Reduction in Corporate Tax Rate

    Obama Administration To Propose Reduction in Corporate Tax Rate NEW YORK, February 22 (FinanceEnquiry.com) - An administration official at Barrack Obama’s office said today that the administration plans to announce its plans to reduce corporate tax from 38% to 28% rate today. Along with corporate tax reduction, the plans to remove tax breaks would help com Read more..

  • Sears Profit, Sales Drop During Holiday Season

    Sears Profit, Sales Drop During Holiday Season New York, February 22 (FinanceEnquiry.com) - Sears Canada reported lower sales and profit during the holiday season. Its sales fell 6.4 percent during the quarter ended Jan. 28, compared to the same period a year earlier. After the quarter, Sears slashed both staff and prices. Sales at stores open m Read more..

  • Wilmar Reports Lower-Than-Expected Q4 Profit, Stock Declines

    Wilmar Reports Lower-Than-Expected Q4 Profit, Stock Declines New York, February 22 (FinanceEnquiry.com) - After Wilmar International Ltd. reported quarterly profit missing analysts’ estimates, its shares plunged the most in Singapore trading in more than three years. The shares of the world’s biggest palm-oil processing company dropped 11 percent Read more..

  • British Stocks Fall For A Second Day

    British Stocks Fall For A Second Day LONDON, February 22 (FinanceEnquiry.com) - UK shares fell for a second day, as services and manufacturing in the euro area slowed down out of the blue and amid rising fears that Greek bailout may not still solve euro zone's debt crisis. The FTSE 100 slid 25.21 points (0.4%) to 5,902.99 at 12:21 a Read more..

Industry Research
Macros
  • Deutsche Bank Securities Reports on US Daily Economic activity

    Deutsche Bank Securities Reports on US Daily Economic activity NEW YORK, February 22 (FinanceEnquiry.com) - Analysts at Deutsche Bank Securities report on US daily economic activity.   In a research note published yesterday, the analysts mention that the January CPI increased by 0.2% in the headline and energy costs gained less than expected by +0.2% as Read more..

  • Deutsche Bank Provides Key Issues Related to UK Strategy

    Deutsche Bank Provides Key Issues Related to UK Strategy LONDON, February 21 (FinanceEnquiry.com) - Deutsche Bank highlighted upward revision to the inflation, with the trough currently around 1.6% and inflation falling below the target during the forecasted period. Moreover, the upward revision is a clear indication that data would steadily improve and t Read more..

  • Deutsche Bank Reports On Bank of Japan `Asset Purchase Program’

    Deutsche Bank Reports On Bank of Japan `Asset Purchase Program’ NEW YORK, February 21 (FinanceEnquiry.com) - Deutsche Bank highlights three reasons why BOJ’s recent monetary easing should support medium term JGB yields low and stable. To begin with, BOJ has persuaded several market participants that it is tough to end the ongoing near zero interest rate p Read more..

  • Deutsche Bank Reports on Unstable Triangle for Greek’s Rescue

    Deutsche Bank Reports on Unstable Triangle for Greek’s Rescue LONDON, February 21 (FinanceEnquiry.com) - Deutsche Bank reports on the misperception and adjournments in the finalization of Greece’s second loan package/ PSI that originates from the need to resolve three interlinked and unstable concerns.   Following the letdown by the first package Read more..

Mergers and Acquisitions
  • Alert Logic Completes Acquisition Of Armorlogic

    Alert Logic Completes Acquisition Of Armorlogic NEW YORK, February 22 (FinanceEnquiry.com) - Alert Logic announced today that it has closed the acquisition of Armorlogic in a bid to expand to increase the effectiveness and decrease the cost of launching WAF solutions. The leading blocking capabilities of Armorlogic Profense WAF will be integrated Read more..

  • Imperial Posts 22 Percent Gain In Revenue For Six Months

    Imperial Posts 22 Percent Gain In Revenue For Six Months NEW YORK, February 22 (FinanceEnquiry.com) - The JSE- listed Imperial Group revealed that the revenue for the six months rose 22% in comparison with the last year. Its operating profit was up 23% to R2.6 billion, with the headline earnings a share meeting last year’s result at 727c a share, as Read more..

  • NPC International Acquires 36 Pizza Hut Units

    NPC International Acquires 36 Pizza Hut Units NEW YORK, February 22 (FinanceEnquiry.com) - NPC International Inc. has closed its acquisition of 36 Pizza Hut units, which include five fee-owned attributes in and around Jacksonville, Florida at a price of $18.8 million from Pizza Hut Inc. The deal was funded via $15 million of available cash rese Read more..

  • Grubb & Ellis To Sell Assets To BGC (BGCP), Files For Bankruptcy

    Grubb & Ellis To Sell Assets To BGC (BGCP), Files For Bankruptcy NEW YORK, February 21 (FinanceEnquiry.com) - Grubb & Ellis, the commercial realty estate company which evolved from a lone office in San Francisco in 1958 into one of the country's largest brokerage firms, has filed for bankruptcy yesterday. The company blamed the fiscal crisis for annihilating Read more..

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