Oct 21, 2017 | Global News, Market News
Despite snubbig bitcoin, MasterCard recently announced a way for businesses to make direct business to business (B2B) payments over their Blockchain technology-based network. The company has dubbed its offering “MasterCard Blockchain API,” and it will be debuted at...
Oct 21, 2017 | Global News
This is nearly unprecedented and scary. We don’t mean to be alarmist, but when we see these types of warnings we are obligated to share the news. Flashing across our screens today was the news that the U.S government issued a rare public warning about hacking...
Oct 20, 2017 | Analysis, Earnings
At least 12 companies, including U.S. Bancorp (USB) and Abbott Laboratories (ABT) also said their businesses were hurt by a September earthquake that killed 369 people in Mexico, a major market for U.S. firms. American International Group (AIG) has estimated pretax...
Oct 20, 2017 | Market News
Well we’re sure this situation will get resolved I’m a settlement, but Apple (AAPL) is in a big trademark suit. A Japanese software company is suing Apple Inc in a U.S. court over the trademark for the term “animoji”, alleging the U.S. technology company...
Oct 20, 2017 | Analysis, Earnings
AT&T (T) will report earnings next week. There is a ton of chatter all across the various forums, different sites, and social media. There is pain. Many are feeling the pinch, fear the stock will get slammed further, and are therefore incredibly anticipating Q3....
Oct 20, 2017 | Global News
It is GAME NIGHT BABY. Led by shutdown starting pitching and relentless offense, the Yankees have seized control of the American League Championship Series. And they will get two shots at winning the 41st pennant in franchise history, beginning with Game 6 Friday...
Oct 20, 2017 | Analysis, Earnings
Skechers (SKX) has just reported its third quarter earnings and shares are on the move. While the earnings on the bottom line may have disappointed, as investors in a rival footwear company (Foot Locker (NYSE:FL)), we have been watching apparel names, and especially...
Oct 20, 2017 | Analysis, Global News, Market News
It’s a new record folks, but what’s comes next is even more interesting. What record? Cryptocurrencies are kicking ass. The price of bitcoin has hit a new all-time high, crossing the $6,000 line for the first time. That is right! Bitcoin 6000! The Bitcoin...
Oct 20, 2017 | Analysis, Earnings
Schlumberger (NYSE:SLB) has just reported earnings and we have to say we are pretty amazed that the company managed to handily outperform expectations from the Street considering all things oil are absolutely hated by the market right now. Let us be clear....
Oct 20, 2017 | Analysis, Earnings
General Electric (GE) is hurting. It simply cannot deliver and that is why the stock is suffering and the dividend at risk of future cuts. Investors are digesting another third-quarter profit miss versus Wall Street estimates by a wide margin this morning. In addition...
Oct 19, 2017 | Global News
Benghazi was a National Tragedy, but the Niger Ambush is quickly becoming equally as controversial. Today, Senator John McCain, chairman of the Senate Armed Services Committee, said on Thursday he may consider issuing a subpoena because the White House has not been...
Oct 19, 2017 | Global News
Advertisers will be PISSED. Not because of protests, but because attendance AND viewership has declined at an astronomical rate. The NFL, it seems, has just sealed its fate. What do we mean? It turns out that the NFL will NOT be changing its national anthem policy to...
Oct 19, 2017 | Market News
D.A. Davidson suggests that Sally Beauty Holdings (SBH -5.2%) might make an intriguing target for Amazon. Does this mean that Amazon Beauty is next? Possibly. The firm notes that Sally Beauty’s store base could be a good way for the e-commerce giant to make a stronger...
