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BMW CEO expects China to clarify electric car policy in next weeks

MUNICH (Reuters) – BMW Chief Executive Harald Krueger said he expected Chinese authorities to soon clarify the size of a proposed quota for electric cars as the German carmaker overhauls its production system to make more zero-emission vehicles. Source
Posted On 21 Mar 2017

Adobe, Microsoft team up to share sales and marketing data

(Reuters) – Microsoft Corp and Adobe Systems Inc are joining to make their respective sales and marketing software products more potent competitors to Salesforce.com Inc and Oracle Corp offerings, the two firms said Monday. Source
Posted On 21 Mar 2017

SoftBank invests $300 million in shared-office startup WeWork: source

SAN FRANCISCO (Reuters) – SoftBank Group Corp has invested $300 million in shared-office space company WeWork, the first installment of a multi-billion-dollar bet, according to a source familiar with the matter. Source
Posted On 21 Mar 2017

Panasonic to take control of Spanish auto parts maker Ficosa

TOKYO (Reuters) – Japan’s Panasonic Corp on Tuesday said it has agreed to become majority owner of Spanish auto parts maker Ficosa International SA [FICOS.UL] as it bolsters its push into the automotive field. Source
Posted On 21 Mar 2017

Alibaba buys out online ticketing platform Damai

SHANGHAI (Reuters) – China’s Alibaba Group Holding Ltd has fully acquired online ticketing platform Damai.cn, the e-commerce giant said on Tuesday, marking a further push into entertainment by the firm as it expands beyond its core online retail business. Source
Posted On 21 Mar 2017

Stock Market News for March 20, 2017

Benchmarks mostly fell on Friday dragged down by declines in financial shares Financial stocks declined following an unexpectedly cautious stance on rate hike outlook by the Federal Reserve Friday was also a quadruple witching day that led to the expiration of stock index futures...
Posted On 21 Mar 2017

Brexit: Still a Thing

Monday March 20 2017 Ahead of the opening bell to start the week this Monday a report from the United Kingdom U K tells us that British Prime Minister Theresa May is making good on the Brexit vote the U K will officially begin the decoupling process from the Eurozone on March Source
Posted On 21 Mar 2017

Why We Will Learn More About The Fed This Week Than Last Week

As strange as it may seem to those who have been in financial markets for a while, the most significant utterances from the Federal Reserve’s Open Market Committee (FOMC) these days don’t really come in the actual release of their decision at the end of their monthly meetings,...
Posted On 21 Mar 2017

Surging Earnings Estimates Signal Good News for Univar (UNVR)

Univar Inc UNVR is a distributor of chemicals and innovative services that could be an interesting play for investors That is because not only does the stock have decent short term momentum but it is seeing solid activity on the earnings estimate revision front as well These Source
Posted On 21 Mar 2017

Why BlackLine (BL) Stock Might be a Great Pick

One stock that might be an intriguing choice for investors right now is BlackLine Inc BL This is because this security in the Internet Software space is seeing solid earnings estimate revision activity and is in great company from a Zacks Industry Rank perspective This is Source
Posted On 21 Mar 2017