Some Basics Of Uniti Lease With Windstream And Practical Outcomes
Read More: Some Basics Of Uniti Lease With Windstream And Practical Outcomes
Maxi-Cash FY2018 profit down by 22% to S$10.4 million
CATALIST-LISTED pawnbroker Maxi-Cash Financial Services Corp's full-year earnings suffered from the costs of its mounting debt, according to results released on Friday. Read More: Maxi-Cash FY2018 profit down by 22% to S.4 million
Chip Eng Seng Corp doubles Q4 profits to S$26.6 million on condo project turnover
MAINBOARD-LISTED construction group Chip Eng Seng Corp more than doubled its profits in the fourth quarter, on the back of both revenue growth and heftier contributions from associates. Read More: Chip Eng Seng Corp doubles Q4 profits to S.6 million on condo project turnover
Singapore stocks: STI resumes Friday afternoon at 3,263.85, down 0.4% on day
SINGAPORE stocks fell on Friday afternoon's trading resumption, with the Straits Times Index losing 0.43 per cent or 14.06 points on the day to 3,263.85 as at 1.03pm. Read More: Singapore stocks: STI resumes Friday afternoon at 3,263.85, down 0.4% on day
Canada: Retail trade, December 2018
Retail sales edged down 0.1% to $50.4 billion in December. Lower sales at gasoline stations (-3.6%) were partly offset by higher sales at motor vehicle and parts dealers (+1.0%). Excluding gasoline stations, retail sales increased 0.4%. After removing the effects of price changes, retail sales in volume terms increased 0.2%. Retail sales declined 0.5% in […]
OANDA Market Insights podcast (episode 53)
OANDA Senior Market Analyst Craig Erlam previews the week’s business and market news with Jazz FM Business Breakfast presenter Jonny Hart. This week they discussed next week’s US-China trade talks deadline, Fed Chair Jay Powell’s testimonies, the crucial Brexit vote, the BoE inflation report hearing and earnings. OANDA Market Insights podcast (episode 53) Posted 1 […]
AutoNation outgoing and incoming CEOs on earnings report and the future of the company
AutoNation CEO Mike Jackson recently announced his plan to leave the company in March after 20 years at the company. In a first on CNBC, Jackson along with incoming CEO Carl Liebert join "Squawk Box" to discuss the future of the company under Liebert as well as AutoNation's earnings miss. Read More: AutoNation outgoing and […]
Stocks making the biggest moves premarket: AutoNation, Wayfair, Citigroup, Ford & more
Names on the move ahead of the open. Read More: Stocks making the biggest moves premarket: AutoNation, Wayfair, Citigroup, Ford & more
Your first trade for Friday, February 22
The "Fast Money" traders share their first moves for the market open. Read More: Your first trade for Friday, February 22
Roku shares are soaring on earnings beat and strong streaming growth
Roku reported fourth quarter 2018 earnings that beat analyst estimates and provided guidance in line or above expectations for 2019. Read More: Roku shares are soaring on earnings beat and strong streaming growth
US stock futures point to solid gain despite pockets of pain
Stock futures up S&P 500 futures point to a 7 point gain at the open, mostly erasing yesterday’s 10 point dip. Optimism is high ahead of Trump’s meeting with Chinese trade officials today but that’s balanced by the EU talking about tariffs on Caterpillar, Xerox and Samsonite. Worse was a brutal quarter from Kraft Heinz. […]
USDA official: Trade talks 'positive' but still no clarity on IP and tech transfers
Comments from a US trade official Trade talks are "positive" but there is still no clarity from Beijing on intellectual property, technology transfers and structural changes, according to a USDA official cited by Reuters. Read More: USDA official: Trade talks 'positive' but still no clarity on IP and tech transfers
Completion of European banking union should be a priority: De Cos
Read More: Completion of European banking union should be a priority: De Cos
Forex – U.S. Dollar Falls; Fed’s Williams Backs Phillips Curve
Read More: Forex – U.S. Dollar Falls; Fed’s Williams Backs Phillips Curve
Fed's Daly: Inflation expectations matter more now than they used to
"Inflation has been below our target for a long time," San Francisco Fed President Daly noted and argued that inflation expectations mattered more now than they used to. Key quotes (via Reuters) I do not believe Phillips Curve is dead. Fear of inflation should not overly drive policy concerns. We should be vigilant on upside, […]
Fed: Softer conditions and muted inflation warranted patient approach to further rate increases
"Softer conditions late in the year and muted inflation warranted a patient approach to further rate increases," the Federal Reserve explained on Friday in its semi-annual monetary policy report to Congress. Key quotes (via Reuters) Economy appears to have maintained a 'solid pace' of growth in second half 2018; estimates 'just under' 3 pct growth […]
US Dollar Bounce at Support Keeps Near-term Outlook ’Neutral’
Both Brexit and the US-China trade negotiations have key deadlines that could be pushed back as deals have yet to materialize. Read More: US Dollar Bounce at Support Keeps Near-term Outlook ’Neutral’
EURUSD Range, USDJPY Strength in Focus for Next Week Ahead of Powell
USD buyers came back after this week’s release of FOMC minutes from the January meeting; but that push has fallen flat, setting the stage for Chair Powell next week. Read More: EURUSD Range, USDJPY Strength in Focus for Next Week Ahead of Powell
Recession Fears Rise, Trade War Negotiation Continue, Markets Start to Slip
Recession Talking Points: • Trade negotiations between the US and China continued with reports of 5 memorandums of understanding (MOU)• Recession concerns are starting to garner serious headlines between economic data, earnings and investor sentiment surveys• Fed speak, Draghi remarks and German sentiment data are top event risk that will struggle to overcome next week’s […]
Mistake or Money Laundering Scheme? Someone Paid $450,000 in Fees to Send 0.1 ETH
One Ethereum address spent $450,000 in gas to send less than 0.15 ETH. Some believe it was a mistake, and are calling for better UI/UX to prevent similar mix-ups, while others speculate it’s an elaborate money laundering scheme. Ethereum Wallet Pays Preposterous Transaction Fee Crypto enthusiasts are puzzled about a few mysterious transactions, discovered on […]
Cryptocurrency Prices, Adoption Off to Strong Start for 2019
Bitcoin (BTC), Cryptocurrency–As Bitcoin edges closer to breaking the critical $4000 mark, with most of the top coins experiencing positive price movement over the last week, the cryptocurrency market is off to a strong start for 2019. While prices did experience some volatility through the end of January, they have mostly traded sideways for the […]
IBM Blockchain Head: Bitcoin (BTC) Could See $5,000 By 2019’s End, But $1M Eventually
Bitcoin Could Hit $1 Million… Eventually It seems that the season of Bitcoin price predictions is on this nascent sector yet again. In a recent interview with Finder.com’s crypto branch, held at the Think Conference, IBM’s pro-Stellar blockchain division lead touted that he is optimistic in regards to the cryptocurrency market. Speaking to Fred Schebesta, […]
Report: Major European Derivatives Exchange to Launch Cryptocurrency Futures
Deutsche Boerse-operated derivatives exchange Eurex is reportedly planning to launch digital currency futures. Read More: Report: Major European Derivatives Exchange to Launch Cryptocurrency Futures
New Platform Converts Crypto to Fiat Without Know Your Customer Requirements
Crypto wallet MyEtherWallet in collaboration with crypto finance firm Bity have launched a platform for the conversion of crypto to fiat without going through K… Read More: New Platform Converts Crypto to Fiat Without Know Your Customer Requirements
Unconfirmed: Telegram TON Network to Launch by October 2019 or Token Contracts Are Void
According to an apparent purchase agreement for Telegraph’s Gram tokens, the network must launch prior to October 31, 2019 in order for token purchase agreement… Read More: Unconfirmed: Telegram TON Network to Launch by October 2019 or Token Contracts Are Void
Brutal Bitcoin Winter is Great for Crypto Industry: Reddit Founder Alexis Ohanian
Bitcoin investors should not be discouraged by the brutal Crypto Winter because the mass purge is actually good for the long-term health of the industry. That’s the observation of Coinbase investor Alexis Ohanian, better known as the founder of social media network Reddit. ‘This Is the Spring of Crypto Innovation’ Ohanian — the husband of American […]
$1 Million: IBM Crypto Chief Sets Massive Bitcoin Price Target
IBM VP of Blockchain and Digital Currencies Jesse Lund is bullish on Bitcoin – so bullish, in fact, that he set a long-term $1 million price target. Bitcoin Price Has Million-Dollar Potential Lund revealed his long-term Bitcoin price target at the recent Think Conference, in an interview with Fred Schebesta. The IBM executive pointed out that […]
Coinbase’s Brian Armstrong Says it’s Okay to Use Hot Wallets to Store Bitcoin
Brian Armstrong, CEO of $8 billion crypto exchange Coinbase, wants to set some misconceptions straight about the security of various types of Bitcoin wallets. Writing in Fortune, Armstrong clarifies – for a mainstream audience – the difference between hot and cold wallets. If the reader is unfamiliar with the concept, it’s pretty simple. A “hot” […]
AngelList Spin-Off CoinList Announces First Token Sale of 2019
Decentralized data-sharing network Ocean Protocol will be CoinList’s first token sale of 2019. Read More: AngelList Spin-Off CoinList Announces First Token Sale of 2019
Digital Asset’s Europe Head Is Latest to Leave Enterprise Blockchain Startup
The upheaval continues at Digital Asset, with the news that Gavin Wells will step down as head of Europe. Read More: Digital Asset’s Europe Head Is Latest to Leave Enterprise Blockchain Startup