Stock market adrenaline junkies are in luck. Several companies reporting earnings over the next two weeks are expected to see big moves on their results. Among large companies, the ones expected to see the largest pops or drops are Groupon, Weight Watchers, Yelp, Twilio and Snap, according to MKM Partners derivatives strategist Jim Strugger. “If […]
Read moreCheck out which companies are making headlines before the bell: Scripps Networks – The cable network operator agreed to be bought by Discovery Communications for $14.6 billion in cash and stock, or $90 per share. That compares to a Friday close for Scripps of $86.91, but it had been trading around $67 earlier in the […]
Read moreStellar earnings last week appear to show that the turmoil in Washington “doesn’t seem to matter,” investment strategist Simeon Hyman told CNBC on Monday. “We have a little over half the companies reporting so far. We have 6 percent top-line growth and double-digit earnings growth,” Hyman, head of investment strategy at ProShares Advisors, said on […]
Read moreFacebook’s chief operating officer, Sheryl Sandberg, has said that removing the encryption on WhatsApp messages would prevent governments from getting information about how terrorists communicate. The encryption — a way of protecting information — of WhatsApp messages has been under fire from politicians such as U.K. Home Secretary Amber Rudd. She criticized the app after […]
Read moreCurrency, United States Finance
German minister urges ‘countermeasures’ against US for Russia sanctions
German Economy Minister Brigitte Zypries asked the European Commission to look into possible countermeasures against the United States, following tough sanctions against Russia that could potentially hit European companies. “We consider this to be a violation of international law,” Zypries told local newspapers over the weekend. “The Americans cannot punish German companies because they operate […]
Read moreMore than half of the world’s large corporations are looking into blockchain (distributed ledger technology), according to a study by U.K. research firm Juniper Research. The research, released on Monday, found that 57 percent of large corporations – defined as any company with more than 20,000 employees – were either actively considering or in the […]
Read moreRoyal Dutch Shell Plc plans to cut more than 400 jobs in the Netherlands, mainly at its major projects and energy technology operations, as the oil giant shifts its business model in response to lower oil prices, according to an internal document seen by Reuters. The world’s second-largest oil company by market capitalization said in […]
Read moreTrying to pin down the precise features of the next iPhone has been difficult of late. We’re all expecting a standard “S” model iPhone 7 and & 7 Plus that won’t be radically different from last year’s, but we’re also expecting a high-end model. It appears, based on a tweet from developer Steve Troughton-Smith, that […]
Read moreEuro zone inflation was stable in July but its core measure, which is closely watched by the European Central Bank, went up to a four-year high against market expectations of a drop, flash estimates released by Eurostat showed on Monday. In a separate release, the European Union’s statistics office said unemployment in the 19-country currency […]
Read moreMalaysia’s AirAsia is planning to unify its Southeast Asian businesses while growth appears to be on the horizon, but regulatory hurdles remain. The budget airline is looking to park its business in Malaysia under one umbrella, according to a report from Malaysian bank CIMB. Currently, AirAsia has units in Malaysia, Indonesia, the Philippines and Thailand, […]
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