28 September, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Medtronic gets big cut in repatriation taxes after move to Ireland
The Wall Street Journal: Medtronic gets big cut in repatriation taxes after move to Ireland
In a sign of how Medtronic PLC is benefiting from moving its headquarters to Ireland from the U.S., the medical-device company said it is paying $500 million in U.S. income tax on $9.8 billion of cash and investments that it has transferred to the U.S.
28 September, 2015 by The TZ Newswire Staff Comments Off on Credit Markets Suggest Caution
Credit Markets Suggest Caution
Junk bond credit default swap spreads (red line, bottom panel) are blowing out to their highest levels since 2012, same for investment grade CDS (blue line, bottom panel) which suggests S&P 500 sees new lows ahead…
28 September, 2015 by The TZ Newswire Staff Comments Off on Fourth Turning: Crisis Of Trust, Part 3
Fourth Turning: Crisis Of Trust, Part 3
28 September, 2015 by The TZ Newswire Staff Comments Off on The Wall Street Journal: Yahoo throws caution to wind with Alibaba spinoff
The Wall Street Journal: Yahoo throws caution to wind with Alibaba spinoff
Yahoo Inc.’s bold plan to spin off more than $20 billion worth of shares in Alibaba Holding Group Ltd. without incurring a tax bill just got riskier.
28 September, 2015 by The TZ Newswire Staff Comments Off on Apple Inc. Goes to the Supreme Court. But Should It?
Apple Inc. Goes to the Supreme Court. But Should It?
Guilty in the court of public opinion, and twice guilty in the legal system, Apple should probably end this pointless legal maneuvering and simply own up to its mistake.
28 September, 2015 by The TZ Newswire Staff Comments Off on ANZ Australian weekly consumer sentiment: 110.6 (prior 114.5)
ANZ Australian weekly consumer sentiment: 110.6 (prior 114.5)
Australia weekly ANZ Consumer Confidence
– From 114.5, falls back to 110.6.
– Down 3.4%
– ANZ report its back below its long run average
Last week we got a boost to the indicator after a new Prime Minister was installed.
28 September, 2015 by The TZ Newswire Staff Comments Off on Australian press: Prime Minister Malcolm Turnbull convenes mini-summit on economy
Australian press: Prime Minister Malcolm Turnbull convenes mini-summit on economy
In the Australian press overnight:
– Prime Minister Malcolm Turnbull has called a mini-summit for later this week
– Inviting business, unions, community organisations, think tanks