Kenmore’s Citgo Sign Will Remain Illuminated
The Citgo sign has become a popular matter after the petroleum company finally arrived at an agreement with the new owners. The sign had been in question ever since the … Read More
Author: sonrteam
Goldman Shocks the Market with a Rare Miss in Q1 Earnings
Goldman Sachs, on Tuesday, recorded a rare and unexpected event when it missed its first quarter earnings, leading to the stock stooping to its lowest level in the past five … Read More
The Trump Effect Evident at IMF Spring Meeting
It is quite evident from the spring meeting of the steering committee of the International Monetary Fund (IMF) held in Washington that they have drifted to speak the language of … Read More
Tesla’s Q1 Results Will Give Analysts a Peek into the Company’s Future Earnings
The electric car maker Tesla has revealed that it will announce Q1 results for 2017 on May 3. Tesla Motors is known to design, develop, manufacture, and sell electric vehicles … Read More
Will SnapchatBe Able to Win Over Its Rivals by Its Data Play
Snapchat has been in news for quite some time now as it came with the largest IPO of $3.2 billion, which was the largest one in last five years after … Read More
Blackrock Betting on Machines and Algorithms More than Humans
The world’s largest fund company Blackrock has initiated the process of revamping its actively managed equity funds. It has slashed the fees on some of its funds as it plans … Read More
The First Revenue Miss in Five Quarters Caused IBM Shares to Take a Nosedive
In the past five years, while the S&P 500 rose about 68%, IBM stock lost 20% of its value. It’s the 20th consecutive quarter when the company has posted losses … Read More
Snap Grabs Its Very First ‘BUY’ Rating
Snap got listed on the New York Stock Exchange with a big bang and the shares closed some 44% higher than the issue price on day one itself. The investors … Read More
Klaus Kleinfeld Stepped Down as CEO of Arconic in a Bizarre Manner
Klaus Kleinfeld, the chief executive of Alcoa was the key figure in getting the board approval to spin off a fast-growing subsidiary, Arconic from the parent company and became its … Read More
Latest Casualty – Eric Mindich’s Eton Park Hedge Fund to Close
The high-profile investor Eric Mindich is forced to close Eton Park Capital Management LP, his $7 billion hedge fund due to poor performance. Mr Mindich was the star performer who … Read More