JPMorgan to Exit Chinas Securities Industry
JPMorgan Chase & Co. (NYSE: JPM) intends to sell its Chinese securities joint venture after being a minority partner of First Capital Securities Ltd for more than half a decade. JPMorgan Chase held the minority stake for six years and will be among the first major banks to exit the securities industry of the Asian… (0 comment)

IBM Catches up to Cloud Rivals
International Business Machines (NYSE: IBM) was not able to post exceptional financial results for the third quarter of fiscal year 2016, but the multinational tech giant displayed that its investments in the cloud and analytics industry are starting to bear fruit. With the IBM stock changing hands at around $148, the potential reward outweighs the… (0 comment)

Tesla Partners with Panasonic to Develop New Solar Products
Tesla Motors Inc. (NASDAQ: TSLA) and Japanese company Panasonic Corporation have had a deep relationship. The latter is a strategic battery partner at the electric car manufacturer’s Gigafactory and is also an exclusive battery supplier for the Model X, Model S, and Model 3. During the previous week, the electric car company strengthened its ties… (0 comment)

Verizon to Change Terms of Yahoo Acquisition Deal?
Verizon Communications Inc. (NYSE: VZ) seems to be disappointed with the data breach issue involving Yahoo! Inc. The mentioned data breach woe has affected over 500 million accounts back in 2014. However, recent reports suggest that the telecommunication giant may want to renegotiate the terms of the acquisition deal. During the early part of the… (0 comment)

What to Expect on Citigroup’s Q3 Earnings
It’s earnings season again this month and Citigroup Inc. (NYSE: C) is one of the companies to report its earnings for the third quarter. The banking industry has experienced a year-over-year drop in terms of earnings during the past two quarters because of market volatility and low interest rates. A number of analysts anticipate that… (0 comment)

Amazon Could Hit 1000, Says Analysts
A number of market analysts reported that Inc’s (NASDAQ: AMZN) stock could soar to more than $1,000 over the next 12 months. Cantor Fitzgerald analyst Youssef Squali is the latest analyst to assert that the ecommerce giant could reach $1,000 per share. Squali pointed out that Amazon’s core retail and cloud services segments could… (0 comment)

IBM to Take Watson to the Financial Services Industry
International Business Machines’ (NYSE: IBM) cognitive-computing system Watson has been initially targeted in the healthcare sector as it is being utilized to aid in diagnosis and decision-making of medical professionals. IBM Watson can analyze massive amounts of data such as research journals and medical records that can provide doctors with guidance and help improve patient… (0 comment)

Alcoa Inc. is scheduled to post its financial results for the third quarter after Tuesday’s closing bell at a time of downbeat commodity prices. However, the aluminum producer can ignore these obstacles if it manages to split its business operations on the 1st of November. When the company successfully splits into two entities, the higher-margin… (0 comment)

Can Twitter Recover from Huge Drop?
Twitter Inc (NYSE: TWTR) shares plunged by 13.9 percent last week as news came out that potential buyers are bowing out. Recently, reports came out that Disney, Salesforce and other companies are bidding to acquire Twitter. Yet, the latest reports from Bloomberg suggest that the interest of these potential buyers is waning. According to reliable… (0 comment)

Deutsche Bank to Go on Another Job Cut Spree
Deutsche Bank AG (NYSE: DB) recently announced that it will further reduce its workforce in Germany by 1,000 positions in an effort to slash expenses and boost its capital. At present, the multinational bank is arguably the most troubled financial company now. Deutsche Bank has solvency problems and is being pressured by the Department of… (0 comment)

Walmart Slumps on Flat Full-Year Outlook
The stock of Walmart Stores (NYSE: WMT) were plunging during mid-morning trading on Thursday after the retail giant reaffirmed its fiscal earnings estimate for the following year and stated that it anticipates fiscal earnings for 2018 to be relatively flat year-over-year. According to Jim Cramer, “I don’t know where these estimates came from that people… (0 comment)

Who Will Buy Twitter? Not Google
After the session ended on Wednesday, reports state that Alphabet’s Google “does not currently plan to make a bid” for Twitter Inc (NYSE: TWTR). The news also indicated that Apple Inc., was also unlikely to bid for the microblogging titan. So the question is: Who will acquire Twitter? Twitter shares edged higher by 5.7 percent… (0 comment)

Facebook to Reshape Workplace with New Platform
Facebook Inc (NASDAQ: FB) recently announced that it will launch Facebook at Work next week, which is a platform that could help employees connect and collaborate through the same features of Facebook that people are already accustomed with. For those who are wondering how the social networking giant actually boost productivity at the workplace, the… (0 comment)

Alphabet a Good Buy as Investors Undervalue its Other Investments
The stock of Google parent company Alphabet is considered ”incredibly attractive” as market participants are undervaluing the potential of its other initiatives including artificial intelligence, according to a fund manager at Schroders. Google has been making investments in various areas such as life sciences, artificial intelligence, and autonomous vehicles. When the firm was reorganized as… (0 comment)

Facebook Rallies as German Watchdog Probe WhatsApp Data Sharing
The stock of Facebook Inc. (NASDAQ: FB) were edging higher during early morning trading hours o  Tuesday regardless of the fact that a German privacy regulator ordered the corporation to terminate the gathering and keeping of data from the users of the messaging application WhatsApp in the country. Additionally, the Hamburg Commissioner for Data Protection… (0 comment)

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