Market News
Toshiba and Western Digital Should Gain From Burying the Hatchet
Wall Street Journal - 12 Dec 2017 16:53
Settling a dispute over the planned sale of Toshiba's memory-chip business will give both companies more firepower to invest as industry competition intensifies.
The Surprising Truth About Bonds And Interest Rates
Forbes - 12 Dec 2017 15:37Pegasystems Stock Price Not Reflective Of Deteriorating Fundamentals
Forbes - 12 Dec 2017 23:29
This stock's valuation has not adjusted to reflect new competitive pressures or the rapidly deteriorating fundamentals.
Corporate Tax Cuts Could Drive 20% Upside To Charles Schwab's Valuation
Forbes - 12 Dec 2017 22:11
Charles Schwab has performed strongly over the past five years, with annual revenue growth of around 10%. With a majority of its operations in the U.S., which has one of the highest corporate tax rates globally, the comp...
Shareholder Payouts, Trading Performance Weighing On U.S. Banks' Capital Ratios
Forbes - 12 Dec 2017 22:02
A sharp reduction in volatility in the U.S. capital markets hurt trading revenues across the industry over the last two quarters - resulting in a notable decline in earnings for the banks that rely more on securities tra...
How Much Does AT&T Stand To Gain From FirstNet?
Forbes - 12 Dec 2017 21:44
Earlier this year, AT&T won a 25-year contract from FirstNet to build and run a broadband network that will cater to first responders including police officers, firefighters, and emergency medical services in the United ...
Sebi's G. Mahalingam cautions on redemption pressures in mutual funds
livemint.com - 12 Dec 2017 21:43Costco To Benefit From Positive Sales Momentum In The U.S. In Q1
Forbes - 12 Dec 2017 20:47
Costco is scheduled to announce its fiscal first quarter results on Thursday, December 14. The company reported a mixed fiscal 2017, as both its earnings per share and revenue estimates missed market expectations in the ...
Oracle Earnings Preview: Cloud-Based Segments To Continue To Drive Growth
Forbes - 12 Dec 2017 20:12
Oracle is scheduled to announce its Q2 fiscal 2018 results on Thursday, December 14. The company has reported a solid set of results in recent quarters, primarily driven by strong demand for cloud services.
Ethereum Surges 35% In 24 Hours, Crosses $600 Mark
Forbes - 12 Dec 2017 19:50
Not one to be left out, Ethereum has joined Bitcoin and Litecoin in a big year-end market push.
Adobe's Revenues Set To Grow In Q4
Forbes - 12 Dec 2017 19:22
Adobe is set to announce its Q4 results on Thursday, December 14. In Q3, the company reported 26% growth in revenues to $1.84 billion, which was above its guidance range.
The Jobs Report Misled You, Job & Wage Growth Are Actually Decelerating
Forbes - 12 Dec 2017 19:07
Looking ahead, 2018 should be another year for growth. So I look around and ask, what could endanger that? I think the biggest risk is central bank policy error.
How Apple's Shazam Acquisition Fits Its Broader Strategy
Forbes - 12 Dec 2017 18:55
Apple recently confirmed that it is acquiring Shazam for a reported $400 million. Apple stands to benefit in multiple ways from the deal, which could tie into its broader augmented reality and artificial intelligence tec...
Litecoin Rally Continues, Crypto Up More Than 7,500% Year-To-Date
Forbes - 12 Dec 2017 18:42
Litecoin keeps pushing higher, but what is fueling this sharp rally?
Oil tops $65, first time since 2015, on UK pipeline outage
livemint.com - 12 Dec 2017 18:00Litecoin Rockets Ahead With A 73%, 7-Hour Bull Run -- Hitting 9023% Growth Year-To-Date
Forbes - 12 Dec 2017 18:00
Well, Litecoin is officially having its "To the Moon" moment. Will it head toward Mars or crash land on Earth?
Alternatives Rising: California's Three Bell Capital
Forbes - 12 Dec 2017 17:58
Three Bell Capital ranked #1 on the Top 100 Emerging Wealth Management Firms by RIA Channel.
Beyond Bitcoin - The Real Entrepreneurial Opportunities in Global Finance
Forbes - 12 Dec 2017 17:50
Bitcoin is capturing lots of attention, but the sustainable, scalable entrepreneurial opportunities in financial networks can be seen in India's Aadhaar
Cryptocurrency exchanges Coinbase, Bitfinex down
livemint.com - 12 Dec 2017 17:35
Cryptocurrency exchange Coinbase's website showed 'service unavailable' early Tuesday, flashing a message that said it was down for maintenance
Sebi may reduce IPO listing time to four days: Chairman Ajay Tyagi
livemint.com - 12 Dec 2017 17:27
Sebi has already reduced the IPO listing time from the seven days in the past to six ays after the close of the bidding
Mall Operator Westfield Sells Itself For $15.7 Billion
Forbes - 12 Dec 2017 16:58
The deal brings together two of the world's biggest mall operators at a time when online shopping has put significant pressure on brick-and-mortar retailers.
Verizon will launch over-the-top service before year-end with NFL as key piece, analyst predicts
CNBC - 12 Dec 2017 16:44
Verizon will leave its earnings "plateau" behind in 2018 thanks to its new over-the-top deal, according to Nomura.