Apple Cash Pressure on Ireland May Ease as Collection Nears

Ireland's progress on collecting Apple Inc.'s tax arrears may ease the pressure it faces from the European Commission, which has taken action against the government for failing to recoup the money quickly enough. Bank of New York Mellon Corp. won a contract to act as custodian for about 13 billion
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Zacks Investment Research upgraded shares of ICF International (NASDAQ:ICFI) from a hold rating to a buy rating in a report published on Friday, February 9th. The brokerage currently has $59.00 price objective on the business services provider's stock. According to Zacks, “ICF International partners
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Supporters of the plan believe that smaller community banks should not be confined to the same rules as the mega-banks of Wall Street. The bipartisan bill, authored by Senate Banking Committee Chairman Mike Crapo, an Idaho Republican, already has the 60 votes needed to pass in the Senate, but
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Famed investor Steve Eisman's latest call on the U.S. banking sector is nothing to write a book about, but it is encouraging news for financial sector investors. Eisman, whose bet against subprime mortgage securities in the lead up to the financial crisis earned him the spotlight as a character in Michael
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Fidelity Chief Operations and Information Officer Gbolahan Joshua told Reuters banks expected their net interest margins to fall to 5 and 6 percent due to the drop in treasury yields, which he said meant banks needed to boost lending this year to lift income. Net interest margin at Fidelity was 6.4 percent
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Real estate statistics blog Better Dwelling combined the StatsCan-reported GDP contributions of all real estate-related industries across Canada – including real estate transactions, rental and leasing, residential and commercial construction, financing (such as mortgages) and insurance. It found that in
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The Trump administration is moving toward making “material changes” to a key post-crisis banking rule, the Federal Reserve's vice chairman for supervision said Monday. Randal Quarles, a Trump appointee responsible for coordinating regulatory policies, said the banking agencies will “proceed with
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PASADENA, Calif. (AP) _ Western Asset Mortgage Capital Corp. (WMC) on Monday reported fourth-quarter net income of $21.4 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Pasadena, California-based company said it had profit of 51 cents. Earnings, adjusted
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A new $2 billion data center company is planning one of its first projects in Richardson. EdgeCore Internet Real Estate was recently created by Mount Elbert Capital Partners, GIC and OPTrust to develop a nationwide portfolio of data centers. The company was set up with $800 million in equity to build a
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Nashville's Stonehenge Real Estate Group, founded by Todd Jackovich, is still pursuing that project, Patten said in a March 5 interview. Patten also has listed the site for sale. Patten said Jackovich's most recent purchase contract on the property ended late last year. Since then, potential buyers have
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“A good example of groups who should be thinking about the impact of drivers using your car … is someone who may have a young, inexperienced driver in their household that they're lending the family car to.” Another proposal in the government's public engagement website is restricting peoples'
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The world's biggest cryptocurrency by market value rose above its 50-day moving average for the first time since mid-January, up as much as 5.8 percent on Monday, the most in two weeks. The rebound comes after a precipitous fall from record highs in December amid debates on how to value the
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Two agents with deep Kingwood ties have teamed up to form a new company, the Imperato Fazzino Real Estate Group in northeast Houston. Along with typical showings, open houses and meetings that make up a Realtors' standard workday, both agents have seen their calendars fill up with pro-bono
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Shares of several homebuilders look attractive as the U.S. housing market could strengthen further, Barron's reported in its latest issue. With strong demand, lack of inventory and modest annual price gains, industry observers see the recovery continuing for several years unless mortgage rates spike,
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JPMorgan Chase announced it is now offering up to $3,000 in grants and incentives that will cover closing costs and the down payment for homebuyers in low- to moderate income communities. Qualified buyers will be eligible to receive a $2,500 grant along with an additional $500 available for
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An estimated one million people have taken up a SIPP since the Government introduced the “Pension Freedom Reforms” in April 2015, and SIPP providers are experiencing increasing demand from investors for non-standard investments, such as Peer to Peer (P2P) lending, in order to target a better
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Financial markets participants are still dealing with the comments made by President Trump about steel and aluminum tariffs. Trade war concerns are pushing down both stocks and bond yields, keeping mortgage rates down to kick off the week. Read on for more details.
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Robert Given, Zachary Sackley, Brad Capas and Luis Elorza of Cushman & Wakefield represented Stock Development, while Mark Grace and Will Baker of Walker & Dunlop represented Coastal Ridge and H. Katz, helping them secure a loan from Freddie Mac for the purchase. A few weeks ago, Coastal
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Wealthy Australians, who've so far escaped mortgage stress, are likely to be derailed once interest rates rise from their historic lows, according to a new report from the Grattan Institute, a think tank dedicated to developing public policy. The report warns of the “catastrophic” impact across all income
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AXA's deal comes just over a month after American International Group said it would buy reinsurer Validus for around $5.6 billion. P&C insurers' stocks fell during last year's natural disaster season and have attracted the attention of bidders as premiums are rising after several years of falling rates.
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