The QNX saga continues. I didn’t plan on publishing another BlackBerry (BBRY) article so soon; but I didn’t expect five year old news to be the new line of attack from short-sellers either. BlackBerry shorts are now playing up GMs move to android powered infotainment systems from Harman (which was known as early as 2012), as being the final nail in the coffin for BlackBerrys role in....More>>>
Procter & Gamble (PG) gave up its early gains and was trading lower Tuesday, despite reporting better-than-expected third-quarter earnings.
P&G said it earned 86 cents a share on revenue of $15.76 billion, while analysts were expected 82 cents a share on $15.82 billion. Its guidance for the fourth quarter and full year were in-line with expectations....More>>>
Image Credit: Fox
Every year we see a number of movies designed for the purpose of wining Oscars. Part of the problem with that approach is that while a big awards win can often be worth its weight in gold to studios, investors would prefer actual cash.
Fox (NASDAQ:FOXA) may have solved part of that problem with its new film Hidden Figures and its not just the studio that could....More>>>
The US dollar is bid against all the major and most emerging market currencies. An important driver is the backing up of US rates. The two-year yield, which is particularly sensitive to Fed policy is at its highest level since early June (~86 bp). The US 10-year yield is five basis points higher today at 1.77%, which is the highest in four months.
In comparison, Europe’s two-year....More>>>
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Fitch Ratings said Monday it would maintain a stable rating outlook for US equity REITs in 2017, thanks in part to the consistency with which the sector has adopted and maintained credit-friendly....More>>>