Tag: market

December 7, 2018

Up until now, the technology and capabilities for leading financial institutions and service providers have been focused primarily on improving the speed and efficiency of transaction processes to minimize cost and improve the visibility of information. They rely on this […]

November 15, 2018

Wall Street has been waiting for a year end rally, but some strategists say it’s more likely the market will see more selling before staging a real comeback. Investors have been counting on the fact that midterm election years are […]

November 8, 2018

Midterm elections historically lead to stock market rallies, regardless of the results. Wednesday was no exception when there was a late-day rally in marijuana stocks adding icing to the cake. The Dow Jones Industrial Average DJIA, +2.13% rose 545 points, […]

November 7, 2018

Target rose in premarket trading Wednesday after Cowen analysts said the retailer had strong momentum and the opportunity to gain market share selling toys and other children’s merchandise. The analysts upgraded the shares to outperform from market perform and raised […]

November 6, 2018

Apple has long been a market darling, but it’s gotten sliced and diced recently. Shares of Apple were trading higher on Tuesday, but the stock has sunk 13 percent from its all-time high hit last month, shedding $145 billion in […]

October 31, 2018

Ten years ago, as Lehman Brothers was declaring bankruptcy and the global economy was lurching into recession, the idea for an alternative currency was being quietly built online. On October 31, 2008 bitcoin was born — and in the past […]

October 29, 2018

U.S. stocks are jumping Monday morning as the market rapidly changes course once again. Technology companies are climbing, with open-source software company Red Hat surging after IBM agreed to buy it for $34 billion in stock. Internet and media companies […]

October 19, 2018

Tesla shares slipped Friday morning, down 0.94%, after CEO Elon Musk revealed a lower-cost Model 3 sedan was ready for order on the company’s website. They had gained as much as 2.2% in early action. “Just released lower cost, mid-range […]

October 18, 2018

Bank of America Merrill Lynch downgraded homebuilder stocks Toll Brothers, PulteGroup and NVR and lowered its homebuilding estimates for 2018 and 2019. “This morning BofA Merrill Lynch’s US economics team lowered its 2018-2019 housing starts and new home sales forecasts […]

October 17, 2018

By 2030, emerging markets will account for 62% of total growth in global consumption, the equivalent of $15.5 trillion in spending. But some countries are developing more quickly than others. Anu Madgavkar, a partner at McKinsey Global Institute, the business […]