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Tencent executive expects WeChat Pay in every shop in China within two years

HONG KONG (Reuters) – An executive at Tencent Holdings Ltd, China’s biggest social media and online entertainment company, said on Friday he expects its mobile messaging app WeChat to provide electronic payment services in every Chinese shop within two years. Source
Posted On 21 Apr 2017

Uber could face higher license fees in London under new proposals

LONDON (Reuters) – Taxi app Uber could face an increase in operator license fees in London under proposed changes by the city’s transport authority, the latest in a series of moves by regulators to rein in a firm that has disrupted the traditional taxi industry. Source
Posted On 21 Apr 2017

China Mobile, others approached for buying into Singapore telco M1: sources

SINGAPORE (Reuters) – Top shareholders in Singapore telecoms company M1 Ltd have approached potential buyers China Mobile and global private equity firms, among others, to sell their combined majority stake in the firm, sources familiar with the matter said. Source
Posted On 21 Apr 2017

Sony lifts annual profit estimate on lower amortization costs

TOKYO (Reuters) – Japan’s Sony Corp raised its operating profit estimate for the year ended March 31 thanks to lower amortization costs for its financial services segment. Source
Posted On 21 Apr 2017

Uber extends sexual harassment probe; expects report by end-May

(Reuters) – Uber Technologies Inc said it has extended its internal investigation into sexual harassment claims in its own organization, and a report is expected by the end of May. Source
Posted On 21 Apr 2017

Elon Musk on mission to link human brains with computers in four years: report

(Reuters) – Tesla Inc founder and Chief Executive Elon Musk said his latest company Neuralink Corp is working to link the human brain with a machine interface by creating micron-sized devices. Source
Posted On 21 Apr 2017

Health Care Sector Update for 04/20/2017: IMNP

Top Health care stocks Top Health care stocks JNJ 0 3 JNJ 0 3 PFE flatPFE flat ABT 0 1 ABT 0 1 MRK flatMRK flat AMGN 0 5 AMGN 0 5 Health care shares were mixed in early trade on Thursday Health care shares were mixed in early trade on Thursday In health care stocks news Source
Posted On 21 Apr 2017

Rampage of Q1 Earnings Results: NUE, PM, DHR, SHW

Thursday April 20 2017 Q1 earnings results rampage on in the pre market today on the back half of the first heavy week of earnings season In fact so many notable companies are currently reporting results that in the interest in relative brevity we will keep our quick hit analysis...
Posted On 21 Apr 2017

Interest Earning Assets Drive Ameritrades Earnings; Decline In Trading Commissions To Be Offset By Rate Hikes

TD Ameritrade 160 AMTD recently reported Q2 fiscal 2017 revenue of 904 million implying growth of 6 9 over the same period last year The company s focus on 160 client engagement and advisory services has helped it expand its customer and asset base Aided by the Fed s two interest...
Posted On 21 Apr 2017

eBay Delivers Better Than Expected Q1 Results, Guidance Disappoints

eBay 160 EBAY 160 released better than expected 160 Q1 2017 results but its slightly subdued Q2 guidance offset much of that positive sentiment The company s revenue grew 4 year over year y o y to 2 2 billion during the first quarter driven by consistent single digit growth in Source
Posted On 21 Apr 2017