Rick Rieder, global chief investment officer of BlackRock’s over trillion dollars in assets fixed income business, is as heavy a hitter as it gets in the bond market. But for an investing guru synonymous with debt markets, Rieder is extremely bullish on U.S. stocks over the next one-to-two years.
Presenting at the inaugural Forbes and Shook Research Top Financial Advisor Summit....More>>>
Apple (NASDAQ:AAPL) supplier Taiwan Semiconductor Manufacturing(TSMC) will reportedly start producing the A11 chip for the next iPhone family in April, according to a leak from Chinese news outlet Economic Daily News (via MacRumors). The report also indicates that TSMC is targeting a production run of 50 million A11 chips before July, as Apple doesn’t want to run into supply chain issues.
FedEx Corp. (NYSE: FDX) reported fiscal third quarter 2017 results after markets closed Tuesday afternoon. The package delivery service reported adjusted diluted earnings per share (EPS) of $2.07 on revenues of $15 billion. In the same period a year ago, FedEx reported adjusted EPS of $2.51 on revenue of $12.65 billion. Third-quarter results compare to the Thomson Reuters consensus estimates for....More>>>
RBC’s Kurt Hallead and Benjamin Owens offer their take on Transocean (RIG) appearance at the RBC Global Energy and Power Conference:
Our view: Transocvean continues to execute well, with the focus on revenue efficiency bearing fruit over the last several quarters. However, we believeTransocean shares have limited upside until the market gains more confidence....More>>>
Singapore's largest property developer, CapitaLand (OTCPK:CLLDY) (CATL.SI) had a pretty good 2017. Helped by improving conditions in Singapore and China, not to mention significant project openings, CapitaLand's local shares climbed 20% and the ADRs did even better.
A power outage hit the CES consumer electronics show in Las Vegas, dimming the lights in one of the main convention halls hosting demonstrations from the likes of LG Electronics Inc. and Samsung Electronics Co.
“There is an isolated power outage at the Las Vegas Convention Center. W
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins