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Asian equity markets down Friday slowing rally

Investing com INVESTING COM Asian equity markets were down across the board Friday taking a breather from recent climbs and after the European Central Bank took a dovish stance on policy and its ongoing stimulus program Hong Kong s Hang Seng Index was down 0 19 at mid morning to...
Posted On 21 Jul 2017

PBOC sets yuan parity at 6.7415 vs dollar

Investing com Investing com The People s Bank of China set the yuan mid point at 6 7415 against the dollar on Friday compared to the previous close of 6 7580 The China Foreign Exchange Trade System sets the weighted average of prices given by market makers The highest and lowest...
Posted On 21 Jul 2017

Gold climbs after dovish ECB stance

Investing com Investing com Gold powered up to three week highs overnight in Asia before flattening out during morning trade The catalyst for the spike was a unanimous decision by the European Central Bank not to change their guidance on monetary policy or discuss changes to an Source
Posted On 21 Jul 2017

T-Mobile US Earnings Surge on 1.3 Million Subscriber Additions

T Mobile US NASDAQ TMUS reported second quarter results 160 on July 19 The No 3 U S wireless carrier delivered strong revenue and profit growth fueled by what are likely to be industry leading customer gains T Mobile results The raw Source
Posted On 21 Jul 2017

Intel Is the Latest to Bail on Wearables

The nascent market for wearable technology has been brutal and the latest company to throw in the towel is none other than chip giant Intel NASDAQ INTC CNBC reports that Intel has shuttered its division that was working on wearable devices laying off upwards of 80 Source
Posted On 21 Jul 2017

BIP 91 Has Activated. Here’s What That Means (and What It Does Not)

It looks as if Bitcoin is getting Segregated Witness Bitcoin Improvement Proposal 91 BIP 91 just locked in Up to 90 percent of all hash power signaled support for this soft fork which implies miners intend in turn to trigger Segregated Source
Posted On 21 Jul 2017

Embraer Stock Is a Better Buy Than Boeing Stock Right Now

U S aerospace giant Boeing NYSE BA has been one of the best performing large cap stocks of the past year In fact the stock has nearly doubled since bottoming out last February Over the last five years Boeing stock has almost tripled By contrast Embraer NYSE Source
Posted On 21 Jul 2017

Wynn Resorts Ltd.: The Bear Case From a Bull

I ve been a big fan of Wynn Resorts NASDAQ WYNN for a long time mainly because Steve Wynn always manages to build resorts that outperform their neighbors And in recent years the stock fell to a level where I thought it was a great value But my bullishness doesn t mean Source
Posted On 21 Jul 2017

Is Frontier Communications Stock a Buy?

Shares of Frontier Communications NASDAQ FTR fell 28 in 2016 and another 66 in the first half of 2017 The regional telecom s financial results have been a mixed bag lately and Frontier recently slashed its dividend payments by 62 Are shares a buy after these Source
Posted On 21 Jul 2017

Are You Brave Enough to Buy These Value Stocks?

0 30 Sideways Trending Stocks Patience Is Key 2 30 Mexico s Concrete Giant 160 CEMEX 5 50 Retail Sector 160 Big Lots 8 00 Wealth Management Raymond James Financial 11 30 Episode Roundup Source
Posted On 20 Jul 2017