Stocks

Ahead of Bookbuild, Latitude Financial IPO Set at $2

By Teresa Taylor October 11, 2019

This has been the year of initial public offerings, and the one by Latitude Financial has been one of the most anticipated ones of the year so far. However, as everyone knows, the ultimate price of the share depends on the sort of interest that has been shown by investors during the roadshow. Latitude has […]Continue Reading

Opinion & Analysis

Hold Dividends Payout, Use It To Reduce WildFire Risks: US Judge

By Teresa Taylor April 4, 2019

Due to PG&E’s ‘rampant wrongdoing’ of not trimming trees which touch power lines and causing many wildfires recently, a federal Judge has asked the utility company to suspend issuing dividends to its stockholders till the company shows that it will not cause any more wildfires. Judge William Alsup who is presiding over this case overturned […]Continue Reading

Financial Planning

Cost Cutting in Focus as Kraft Heinz’s Problems Mount

By Teresa Taylor February 25, 2019

Cost cutting has often been regarded as a tried and tested method by large corporations, which want to generate bigger profits. Sometimes, those measures work, but sometimes they don’t, and in the case of American food and beverage, it hasn’t. The plunge in revenues and billions in write-offs for two of its biggest brands has […]Continue Reading

Company News

Dutch payments platform, Adyen launches a new open banking alternative to card transactions

By Teresa Taylor February 21, 2019

With the recent enactment of EU’s Payment Service Directive (P2D2) requirement for banks to create APIs that let third parties initiate payments on behalf of consumers. Adyen has become an early adapter to this by introducing a new open banking payments method that will enable authentication of payments between the consumer and the bank avoiding […]Continue Reading

Company News

Canopy Shows Immense Growth in Marijuana Sales

By Teresa Taylor February 17, 2019

The earnings report of the previous year was released on Thursday evening, and it revealed that Canopy, the leading pot seller, showed a 300% growth in revenue. The company’s shares also rose by 4.4% the same day following the announcement of the earnings report. Co-Chief Executive Bruce Linton came out saying that the company hoped […]Continue Reading

Company News

Apple’s New Video Streaming Service Expected to be launched in April, Video Partners Viacom, Starz, and CBS on Board

By Teresa Taylor February 17, 2019

Reports and speculation about Apple’s video streaming subscription where going around the corners for years now and finally Apple is all set to launch its new TV subscription service. Reports say that Apple is expecting to launch its new service in April or in May. Apple currently is working in the final development phase and […]Continue Reading

Trading News

Duracell and Energizer Competing for Controlling Stake in India’s Eveready

By Teresa Taylor February 13, 2019

Eveready, one of the biggest manufacturers of flashlights and dry cell batteries, has been put on the market by India’s Williamson Magor Group due to a pile of debt that has crippled the holding company of the group. According to a report in India’s Economic Times, the fight for the controlling stake in Eveready is […]Continue Reading

Company News

Microsoft’s Bing Search Engine is no longer Accessible in China

By Teresa Taylor January 27, 2019

Amid trade tensions between the United States and China, China has blocked the access of Microsoft’s search engine Bing. And with the blocking of Bing, China blocked all major non-Chinese search engines that had been operating there. And according to the reports from the sources, the order to block the search engine had come from […]Continue Reading

Company News

Spanish Auto Firm SEAT to Use Blockchain for Driving Up Efficiency

By Teresa Taylor January 23, 2019

After the banking and financial technology firms, the blockchain technology has found a new client in the automobile industry. SEAT, a Spanish car maker, has joined hands with the Alastria consortium to develop products and services based on blockchain technology. The carmaker is looking to develop a system for exchanging its various product and services […]Continue Reading

Stocks

Global Growth a Challenge as Asian Shares and US Stock Slips Down

By Teresa Taylor January 23, 2019

On Tuesday, the shares of the Asian countries collapsed, and the prices of oil further slipped down. This has led for discouragement about world growth, and a group of investors is staying away from the risky assets whereas sterling ticked lower during the recent twists and turns that appeared in the Brexit. After the announcement […]Continue Reading