Although markets were somewhat shaky for the first big week of the new earnings reporting season, they ultimately closed up for the second week in a row. This is only a small step, but it has proven that solid fundamentals can stabilize this market.
Kanye West, the headline-grabbing entrepreneur and rapper, shared with his 14.9 million Twitter followers this weekend just how much he loves his Tesla. He even garnered the attention of Tesla Inc. (TSLA) CEO Elon Musk, who returned the love in retweet form and reignited the "bromance" be
Small SUVs are the hottest segment in the new car market right now. So maybe it shouldn’t be surprising that a big chunk of the new vehicle unveilings at the Los Angeles Auto Show were little crossover SUVs.
It seemed like there was an SUV popping out every time you turned around. For starters, Ford unveiled its new EcoSport just before the show with DJ Khaled doing the honors.
International Game Technology (NYSE:IGT) reported its Third Quarter 2017 Results on Tuesday, November 14th, much to the delight of investors. Shares ended the day up 15% as the company reported earnings of $0.40/share vs. expectations of $0.24/share. The casino equipment maker’s stock was having a lackluster year but is now nearing its 52-week high of $32.07.
Is the market finally noticing the mounting challenges facing Netflix (NASDAQ:NFLX) and the excessive risk in its stock? Based on recent price movement, the answer would be no. However, with Macquarie Capital recently downgrading Netflix to underperform, and others questioning NFLX’s valuation, the issues, which we highlighted long ago, that face the company are slowly coming to light.
In the discussion that followed my recent analysis of EOG Resources (NYSE:EOG), two interesting questions were raised. First, how realistic is EOG’s “premium location” paradigm, or whether the economics of the wells actually being drilled are close to the marketing ideal. Second, whether EOG’s best wells were in the Permian or in Eagle Ford. In this article, I will attempt....More>>>
As the competition in the payments industry heats up with new technologies and competing platforms, companies in this sector must use laser-like focus to develop products that customers want and will use. In the payments industry, this usually means one of two things:
1) Ensuring all transactions are secure and safe; and
2) Removing friction from the payments process so that making....More>>>
China appears to be sending a message to President-elect Donald Trump: Good luck competing against us on manufacturing.
Mere hours after Trump, Vice President-elect Mike Pence and Carrier announced a deal to keep nearly 1,000 factory jobs in the U.S., a top Chinese newspaper published an analysis piece with the headline: “China would benefit from Trump’s effort to bring manufacturing....More>>>
Active money management is alive and well, at least at T. Rowe Price Group Inc.
The firm attracted $11.3 billion in client cash in the first quarter, the biggest inflow in six years and the second biggest quarterly haul in the company’s history, spokesman Brian Lewbart said in an em
Indonesian equities dropped the most in Asia, with the benchmark gauge sinking to its lowest level since Dec. 15, on concern that Bank Indonesia may raise interest rates for the first time since 2014 to defend the currency, which is already hurting economic growth.
The financial sector was a major part of the Great Recession, and it has been a major part of the recovery and raging bull market since then. Generally speaking, the major financial institutions in the United States are a good barometer of the current state of U.S. markets.
HDFC Bank (HDFCBK) posted strong and in-line with expectations results for Q4FY2018. The bank reported healthy operational performance, as seen in its net interest income (NII) growing by 18% y-o-y to Rs. 10,657 crore and non-interest incom
Airbus SE Chief Executive Officer Tom Enders sketched out the company’s plans for the next generation of European fighter aircraft and warned that Brexit means the U.K. could miss out on future production.
Airbus’s German operation is working with French warplane specialist