Mexico has in recent times been witnessing massive investment in its telecom sector. The country’s Secretariat of Communications and Transport (SCT) declared that a total of more than $6.5 billion was invested over the last three years. In addition, around $13.5 billion has been invested recently in the telecom sector. […]
PepsiCo, Inc. PEP is reportedly bringing back its aspartame sweetened Diet Pepsi to U.S. […]
The United Kingdom's vote to leave the European Union compelled Wall Street to digest its ”worst day in 10 months” on Jun 24, as the ripple effect was also felt across the Atlantic as well as in the global stock markets. The Brexit referendum took the markets by surprise and triggered a "sell first" attitude nearly across the board. The S&P 500 Aerospace & Defense (Industry) index and Dow Jones U.S […]
Vaprwear Acquires Denver Vapor-Based Apparel Company PR Newswire ENGLEWOOD, Colo., June 28, 2016 ENGLEWOOD, Colo. , June 28, 2016 /PRNewswire/ — Vaprwear Gear, LLC, a Colorado -based company, announces that it has purchased Mile High Hoodies, LLC. Steve Suttman is the company’s new majority owner and CEO. […]
Carrier Vibrating Equipment Announces the creation of New Holding Company, CPEG, and the Addition of S. Howes LLC Under the new Carrier Process Equipment Group, Inc., the two companies will offer customers a comprehensive range of bulk handling and processing equipment PR Newswire LOUISVILLE, Ky., June 28, 2016 LOUISVILLE, Ky. […]
Yiwugou Pushes for Business License Displaying, 50% of Businesses Online Expected to Comply by the End of August PR Newswire YIWU, China, June 28, 2016 YIWU, China , June 28, 2016 /PRNewswire/ — Yiwugou.com (the official website of the Yiwu Commodity Market, which is the largest commodity wholesale market in the world) has announced its cooperation with the Yiwu government’s regulatory bodies to push businesses on the website to display their business licenses. Around 50% of businesses using this platform are expected to comply by the end of August. Each business on Yiwugou.com is required to disclose the information in its business license or provide a link to its business license in a noticeable position on its main page […]
Marriott International, Inc. MAR and Starwood Hotels and Resorts Worldwide HOT have declared that the European Union has given antitrust clearance to their pending merger. Last November, Marriot inked a definitive merger to purchase Starwood and create the world's largest hotel company. […]
Discover Financial Services DFS recently launched Discover Quick Chip to provide better check out process to merchants and cardholders. The latest option is expected to prove highly beneficial for Discover, Diners Club International and PULSE Networks. Discover Quick Chip will reduce the time span required at point of sale (POS) terminal. […]
ConAgra Foods, Inc.’s CAG partnership business, Lamb Weston/Meijer recently inked a deal with Belaya Dacha to serve the Russian market. The agreement is pending approval from FAS (Federal Anti-monopoly Service). […]
Utilities provide customers with basic amenities like electricity, gas and water. Hence, the demand for these services hardly fluctuates, regardless of market volatilities. […]
Investors’ apprehension about the global stock market has increased after the U.K. cast 51.8% votes in favor of exiting the European Union (EU). […]
Intercontinental Exchange, Inc. ICE recently unveiled the expanded ICE Data Services. […]
SCANA Corporation SCG announced that its subsidiary South Carolina Electric & Gas Company (SCE&G) has filed for an overall 3.06% increase in its approved electric rates under provisions of a state law known as the Base Load Review Act or BLRA. The filing was done with the Public Service Commission of South Carolina and the South Carolina Office of Regulatory Staff. The filing is a smart move by the company as BLRA effectively reduces the cost of building nuclear power plants in South Carolina by allowing the state's regulated utilities to adjust rates annually during construction of such plants to recover related financing costs. […]
On Monday, the regional bank, People's United Financial, Inc. PBCT , came up with an expansion plan in the New York State. The bank is increasing its footprints in New York with the acquisition of Riverhead-based Suffolk Bancorp SCNB . […]
Integrated oil & gas company TOTAL S.A. TOT announced that it has signed an agreement with Qatar Petroleum that gave it a 30% interest to operate the giant offshore Al-Shaheen oil field. The interest in the field will be for 25 years starting Jul 14, 2017. […]
Agilent Technologies Inc. A recently announced that it has entered into an agreement to acquire the assets of the privately held iLab Solutions, based in Boston. […]
For active investors, seeking breakout stocks is often a preferred investment strategy. In order to do so, they must zero in on stocks trading within a fairly tight range and purchase them when they move out of this band and offload them whenever they fall below the band. If correctly implemented, such a strategy could deliver impressive returns. […]
When value or growth investing fails to fetch sustained profits, it’s time to explore another, time-tested winning strategy: to simply bet on the frontrunner stocks that are getting ahead of others. Translated, one of the most successful strategies today is to get in on momentum stocks at the right time. At the core, momentum investing is buying high, selling higher. […]
Pfizer Inc. PFE is boosting its presence in China by setting up a state-of-the-art Global Biotechnology Center in the Hangzhou Economic Development Area (HEDA). […]
Earnings growth and valuation multiples are indeed important for investors to determine whether a stock has the ability to offer considerable returns. But these are also imperative to determine whether a stock’s price performance is ahead of its peers or the industry average. […]
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