December 29, 2016: Markets opened higher Thursday but were unable to hold onto early gains, probably due to some selling as traders get their ducks in a row for the new year. Equities have bounced around the break-even line most of the day. Utilities is the best performing sector while financials is the worst. WTI crude oil for February delivery settled at $53.77 a barrel, down about 0.5% on the....More>>>
By Christine Aebischer
This story originally appeared on LearnVest as “These Are the Highest Paying Internships — and the Numbers Will Shock You.”
I thought I had landed a pretty sweet deal when, after several rounds of interviews, I found out that I had scored the internship of my dreams. The icing on the cake? They were actually....More>>>
Data center chipmaker Cavium (NASDAQ:CAVM) announced on March 8 that it is “collaborating with Microsoft (NASDAQ:MSFT) on evaluating and enabling a variety of cloud workloads running on [its] flagship Thunder X2 ARMv8-A Data Center processor for the Microsoft Azure cloud platform.”
The announcement goes on to say that Cavium and Microsoft are “demonstrating web services....More>>>
Should long-term investors be worried about QUALCOMM, Inc. (NASDAQ:QCOM)stock post Q2 earnings? Will the legal woes continue to be a drag on QCOM stock?
San Diego, California-based leading smartphone chipmaker QUALCOMM, Inc’s (NASDAQ:QCOM) second quarter earnings were better than expected. The company reported earnings last week on April 19th. While Wall Street was expecting....More>>>
Bears continue to remain skeptical about the prospects of BlackBerry Ltd (NASDAQ:BBRY).
After lying dormant for the first three months of the year, shares of Ontario, Canada-based software maker BlackBerry Ltd (NASDAQ:BBRY) are back in the limelight again. For the most part of the year, BlackBerry stock had traded within a range of $7-$7.5. BlackBerry shares got a boost when the....More>>>
Associations representing virtually every type of hospital wrote to members of Congress on Wednesdayto voice their opposition to the Republican plan to replace the Affordable Care Act.
“We are very concerned that the draft legislative proposal being considered by the Housecommittees could lead to tremendous instability for those seeking affordable coverage,” readthe letterfrom....More>>>
BlackBerry Ltd stock is currently trading at 4.3X its FY 2018 revenues.
The shares of Ontario-based software company, BlackBerry Ltd(NASDAQ:BBRY)shot up more than 11% on Friday, after the erstwhile handset maker reported strong performance on most of the metrics in its Q4 and FY 2017 earnings report.BlackBerry Ltd reported a beat on both the top line as well as the bottom line. While....More>>>
A Thought Provoking Conference
At the Bloomberg Intelligence Cannabis Trends & Legalization Implications Conference yesterday up on Park Avenue, there was a lot to talk about regarding the future of the cannabis industry. Given the recent state-level victories for cannabis legalization, as well as Donald Trump’s top pick for Attorney General, many industry attendees shared the same....More>>>
William Patalon III
Since the moment it was announced, we’ve been highly bullish on the complicated-but-intriguing deal that would combine the oilfield services unit of General Electric Co. (NYSE: GE) and all of sector rival Baker Hughes Inc. (NYSE: BHI).
But investors seem confused by the deal – about whether it was a shrewd move or a panic play by GE.
Employment growth at US companies slowed in April to the weakest gain in three years, according to this morning’s update from ADP. The private sector added only 156,000 positions to payrolls last month in seasonally adjusted termswell below expectations for a gain of nearly 200,000. Today’s data raises new questions about expectations for a second-quarter rebound in economic activity....More>>>