Month: August 2017

Check out the companies making headlines after the bell: Shares of Semtech dove 11.5 percent after hours following a mixed earnings announcement. The company beat earnings estimates but fell short of revenue estimates. The chip maker expects third quarter revenue between $145 million and $153 million and earnings per share between 48 cents and 52
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“(These plans are) just more crony capitalism from the Tories, who once again prop up the rigged system for the few at the expense of the many,” Long-Bailey said, according to Reuters. May’s government has had to work closely with business leaders over recent months as it seeks to secure their loyalty to the U.K.
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The report, which surveyed about 4,000 people across China, India, Hong Kong, Singapore, Thailand, Philippines and Indonesia, also found that despite the preference for cash, awareness of newer methods of payments was high. Nearly half said they were familiar with digital wallets and 23 percent said they knew what contactless payments using credit or debit
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Michael Nagle | Bloomberg | Getty Images Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Aug. 21, 2017. Check out the companies making headlines after the bell: Finish Line shares plunged 23 percent in extended trading after the company announced its second quarter sales decreased
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So how will this historic and dramatic breach between a Republican president and the business community be closed? In a word: carefully. Businesses will have little choice but to continue to interact with the White House on some level but in a way that acknowledges how devastating and dangerous dancing with this administration can be.
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Oaktree’s Howard Marks sounded a general alarm last week about the state of stock markets, private equity, credit markets and — for good measure — new digital currencies like bitcoin and ethereum. Essentially, he wrote in his letter to investors that everything is overvalued. On the cryptocurrencies, he went further. He stated several times that
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