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Browsing Month »August, 2016«

→  August 31, 2016

Share on twitter by John Stensholt Billionaire Michael Hintze has shared in a $100 million dividend, according to the recently lodged accounts of his private London hedge fund CQS. Hintze, who ranked 37 on this year’s BRW Rich List with a $1.3 billion fortune, was a big beneficiary of the $US76 million ($100 million) paid in […]

→  August 30, 2016

GILD Stock: Value Trap? Gilead Sciences, Inc. (NASDAQ:GILD) stock is a heavyweight in the biotech space; the company bolsters a $105.0-billion market cap and ranks high among its competitors like GlaxoSmithKline plc (NYSE:GSK) and Pfizer Inc. (NYSE:PFE). The biotech space has been known to make and break many hearts, and I am not talking about […]

→  August 30, 2016

Apple has already threatened to cut jobs after Brussels ordered it to repay £11billion – the biggest tax bill in European history. The European Commission’s three-year investigation into Apple’s sweetheart deal with Ireland has found it amounted to illegal state aid. In a damning report published today it emerged the tech giant paid as little as […]

→  August 30, 2016

SYDNEY Asian shares bounced modestly on Tuesday as doubts the Federal Reserve would hike interest rates next month restrained the dollar, while investors continued to count on more policy stimulus elsewhere in the world. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.5 percent, recouping around half of Monday’s loss. Stocks in South […]