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Market News

Location American Market News for 21 December 2017
Crypto Crazy On Campus: Choosing Bitcoin Over A Bachelor's Degree The cryptocurrency craze is sweeping college campuses across the U.S. as students forgo schoolwork to invest and - in some cases - see sizeable returns.
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How Did Chinese Wireless Carriers Fare In November? November proved to be a reasonably strong month for the Chinese wireless industry, with the three major carriers adding a cumulative 8.2 million subscribers. While this was about 15% below the October 2017 figures, it is...
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Sprint , the smallest of the four U.S. nationwide carriers, marginally increased pricing on some plans over the last several weeks - for instance, prices for its single line unlimited plan rose from $50 to $60 in October...
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Earlier this week, the Bank of England (BoE) softened its position on the treatment of European banks with a presence in the U.K. post-Brexit by proposing that these banks can continue operating in the country without an...
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Widows And Orphans' Stocks: New American Beauty Roses Seldom remarked is 2001 through 2014, both growth and value stocks matched each other cumulatively, compounded at 5.2%. Only past couple of years has growth demolished value stocks thanks to the Internet and e-commerce e...
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Ripple Prices Surge 60% In 24 Hours, Hitting Latest High XRP just spiked 60% in 24 hours. What caused this latest price rally?
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BlackBerry published its Q3 fiscal 2018 results on Wednesday, December 20, beating market expectations on both earnings and revenues, driven by continued growth in its core enterprise software business and stronger-than-...
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Key Takeaways From Bed Bath & Beyond's Q3

Forbes - 21 Dec 2017 20:55
Key Takeaways From Bed Bath & Beyond's Q3 Bed Bath & Beyond (NASDAQ: BBBY) reported better-than-expected fiscal third quarter results on Wednesday, December 20, as both its revenues and earnings came in ahead of consensus estimates.
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Time for Swiss Watchmakers to Take Apple Seriously

Wall Street Journal - 21 Dec 2017 20:34
Apple Watch sales will probably exceed all Swiss electronic-watch exports this year.
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Crypto Watch: Another Big Day for Ripple -- XRP Price Jumps 64% In 17 Hours Ripple inches closer to Bitcoin Cash (BCH), holding #4 spot with a market cap of $43B.
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Bank Of England Seizes Initiative With Brexit Banking Proposal The Bank of England and its governor Mark Carney have thrown down a challenge to EU negotiators with proposals on financial services after Brexit.
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Betting On The Future Of Wealth Management With UBS This wealth management business delivers consistent profitability and has invested in technology to fuel significant growth.
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BlackBerry Among Four Stocks Breaking Out

Forbes - 21 Dec 2017 19:23
BlackBerry Among Four Stocks Breaking Out Here are four stocks showing strong technical momentum.
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Crypto Watch: Reddcoin (RDD) Price Explodes By 500% In A Week. What Is RDD And Why Is It Surging? Reddcoin cracks the top 70 cryptocurrencies with a $263M market cap.
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Bitcoin, tech stocks and Xi Jinping: Top 2017 Google Finance searches Google search for 'stocks' or 'equities'--coupled with words or terms such as 'expensive', 'cheap' and 'should I buy?'--rose this year
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Want A Bargain? 3 Cheap Stocks That Are About To Breakout All year, the stock market has continued to soar to fresh record highs. As a result, valuations are stretched to the upside as the market refuses to fall. For those of you who like to buy under-valued stocks, here are th...
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Block Plus Chain Equals Money

Forbes - 21 Dec 2017 16:50
Block Plus Chain Equals Money I highlight three stocks whose recent moves are tied to cryptocurrency or blockchain. The influence blockchain, bitcoin and mining are having on other markets like equities and commodities seems to be increasing to the j...
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An Iced Tea Company Says It's Pivoting To Blockchain, Stock Zooms 500% Higher Long Island Iced Tea Corporation is renaming itself Long Blockchain Corporation.
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Nike's New NYC Flagship Will Separate The Haves From The Have Nots Nike is planning to replace its "experiential" Soho store in Manhattan with an even bigger uptown version -- one that emphasizes experience even more and in more exclusive ways.
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Accenture reported a better-than-expected quarterly profit, as the consulting and outsourcing services provider gained from its push into digital and cloud services.
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Conagra's second-quarter profit nearly doubled from the year-ago period, which included a one-time charge related to its Mexican business.
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Tax Bill Makes 2018 the Year of the Deal

Wall Street Journal - 21 Dec 2017 14:39
With tax uncertainty in the rear-view mirror, pressure on companies to combine will keep growing.
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