Russian conglomerate Sistema said on Monday a Russian court had “arrested” some shares it owns, including in the country’s biggest mobile operator MTS, in a legal dispute with oil company Rosneft. Rosneft is suing Sistema for 170.6 billion roubles ($2.9 billion) in damages over the purchase of oil producer Bashneft. Sistema proposed an out-of-court settlement […]
Read moreWhen Jim Cramer first started out in trading, he didn’t like rules. He believed that either they couldn’t really help, or they would cut his upside and prevent him from making more money. After getting burned too many times, he learned the value of discipline. “The rules protect you against your own bad judgment about […]
Read moreFacebook is reportedly trying to enter the original content arena. The social media company has already acquired unscripted shows from Buzzfeed and Vox Media, but several Facebook executives have been meeting with studio and talent agencies for more traditionally scripted TV shows, The Wall Street Journal reported on Sunday. However, some observers believe Facebook is […]
Read moreThe biggest mistake Jim Cramer sees investors make is thinking they are supposed to be fully invested at all times. Heck, some money managers have even told him that they are supposed to have all their money in stocks. This is complete nonsense! Having cash on hand when a market correction occurs is the key […]
Read moreInvestors frequently ask Jim Cramer what to do with a stock after it has had a hideous decline. His first response is always to ask why they bought the stock in the first place. One of Cramer’s cardinal rules is to never turn a trade into an investment. If there is one thing he wants […]
Read moreMark Zuckerberg wants Facebook groups to play an important role that community groups like churches and Little League teams used to perform: Bringing communities together. And with nearly 2 billion people around the world on Facebook today, he might have a chance to make it happen. Zuckerberg laid out his lofty ambition in a Chicago […]
Read moreWhen Jim Cramer first started trading, he didn’t like rules. He believed they either weren’t helpful or would cut into his upside and prevent him from making more money. After getting burned too many times, he learned the value of discipline. “The rules protect you against your own bad judgment about what’s going on at […]
Read moreIBM is building blockchain technology that will be used by seven of Europe’s largest banks, including HSBC and Rabobank, to facilitate international trade for small and medium-size enterprises, the company said on Tuesday. The project will mark one of the first real-world use cases of blockchain technology in financial institutions. The potential of blockchain has […]
Read moreResearchers from several leading institutions in the United States say they have discovered a new kind of naturally occurring underwater bacteria that has eaten a considerable portion of the oil that spilled out of the Deepwater Horizon drilling platform. The microbe is one of many species that helped mitigate damage from one of the worst […]
Read moreBarclays released a second quarter update to its top stock picks, selecting 42 stocks to watch as the summer begins. According to a note on Monday, “each of our Top Picks is an analyst’s single-best high-conviction bottom-up stock selection within the associated coverage industry, a compelling fundamental investment case with significant upside potential to its […]
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