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Wal-Mart’s margins fall on price cuts, spending on e-commerce

August 17th, 2017 (0)
CHICAGO (Reuters) – Wal-Mart Stores Inc on Thursday reported lower quarterly margins after it cut prices and invested heavily on expanding its e-commerce operations, and its shares fell nearly 3 percent. Powered by WPeMatico

Dollar drops, the Yen and Euro rose, the Aussie added 0.1 percent: Brokers review

August 17th, 2017 (0)
Dollar drops; Aussie extends advance after base-metal surge Fed minutes show officials concerned about low inflation Most Asian stocks rose, led by technology shares after stellar earnings at Internet giant Tencent Holdings Ltd. The yen climbed and the dollar ...

Germany’s second-largest airline Air Berlin has filed for insolvency

August 16th, 2017 (0)
Germany’s second-largest airline Air Berlin has filed for insolvency after its key shareholder Etihad Airways said it would withdraw financial support for the carrier. Trading in Air Berlin shares was temporarily suspended until 12:05 GMT. Air Berlin and its ...

Dumb – And Dumber — Money Keeps Pouring In

August 11th, 2017 (0)
Someday, stock, bond and real estate valuations will matter again. And the mechanism by which this return to sanity is achieved will probably be the torrent of money now flowing in from people who, for various reasons, don’t care ...

Stocks, dollar extend slide as U.S., North Korea tensions intensify

August 11th, 2017 (0)
Asian equity markets extended a global slide on Friday as tensions ramped up between the United States and North Korea, sending investors fleeing to less risky assets such the yen, the Swiss franc and U.S. Treasuries. Wall Street closed ...

Europe battles Google News over ‘snippet tax’ proposal

August 7th, 2017 (0)
A major battle is brewing in Brussels over an EU reform plan that would force internet aggregators such as Google News to pay newspapers for displaying snippets of their articles online. Google is furious at the reform idea, but ...

What the bitcoin cash is and is it worth anything?

August 3rd, 2017 (0)
Early yesterday morning bitcoin’s blockchain forked — meaning a separate cryptocurrency was created called bitcoin cash. The way a fork works is instead of creating a totally new cryptocurrency (and blockchain) starting at block 0, a fork just creates ...

Stock manipulator has agreed to pay nearly $800,000

August 3rd, 2017 (0)
The Securities and Exchange Commission today announced that an overseas stock manipulator has agreed to pay nearly $800,000 and be permanently barred from involvement in penny stocks after hiding his significant stake in a small oil & gas company ...

Asian stocks fell after surging to the highest level in almost 10 years

August 3rd, 2017 (0)
Asian stocks fell after surging to the highest level in almost 10 years, with investors assessing the strength of company earnings before American labor-market data provides the latest clues on the health of global growth. South Korean shares dropped ...

Samsung Electronics reports record second-quarter operating profit, up 73%

July 27th, 2017 (0)
Samsung Electronic’s Q2 operating profit was 14.1 trillion won, topping Q1 as highest-ever The company is on track to book a record annual profit on chip boom Overall earnings in Q3 may decline slightly compared to Q2, Samsung said ...
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