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Samsung Forecasts 23% Rise In Q2 Operating Profits
Tuesday, July 7, 2020 - 1:45am | 347Read More...Strong demand for chips from data center customers amid pandemic is allowing Samsung Electronics Co Ltd (OTC: SSNLF) to beat analysts’ estimates and clock a likely operating profit of $6.8 billion for the second quarter of 2020 ended June 30. What Happened Samsung announced its Q2 2020...
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Fintech Focus For July 3, 2020
Friday, July 3, 2020 - 8:26am | 1689Read More...Daily Perspective: Life is what happens when you're busy making other plans. - John Lennon Fintech Movers: An International Monetary Fund (IMF) official recently noted that China’s Fintech sector could be “instrumental” in assisting SMEs with acquiring reliable credit. The...
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Fintech Focus For June 30, 2020
Tuesday, June 30, 2020 - 8:37am | 1683Read More...Daily Perspective: If life were predictable it would cease to be life, and be without flavor. - Eleanor Roosevelt Fintech Movers: Uber Technologies Inc.’s financial services leader Peter Hazlehurst is calling it quits as the ride-hailing giant focuses on rides and food delivery, and ices...
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2 Nike Analysts Give Q4 Report A Pass
Friday, June 26, 2020 - 9:26am | 435Read More...Nike Inc (NYSE: NKE) reported a surprise EPS loss and revenue decline in its fourth-quarter report Thursday. Despite a shortfall versus expectations, some Street analysts remain bullish on the athletic giant. Refinitiv's Martis Focuses On Nike's Message Investors may want to overlook Nike...
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How Options Helped Cboe Vest Buffer Investor Returns During The 2020 Market Crash
Monday, April 27, 2020 - 4:39pm | 726Read More...Global markets are historically volatile amid the COVID-19 coronavirus. Typically, cash or diversification across multiple asset classes is the go-to strategy during uncertain market environments. However, with advancements in financial products, investors now have access to solutions that help...
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Pinterest Shares Rise Sharply After Preliminary Q1 Numbers Beat Analyst Projections
Wednesday, April 8, 2020 - 3:00am | 438Read More...Pinterest Inc. (NYSE: PINS) shares rose sharply on Tuesday in after hours trading as the company gave higher than expected Q1 earnings guidance. What Happened Pinterest released preliminary financial results for the quarter ended March 31 and withdrew guidance for full-year 2020 due to the...
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Samsung Reports Better-Than-Expected Q1 Revenue Despite Coronavirus Pandemic Effect
Tuesday, April 7, 2020 - 3:33am | 329Read More...Samsung Electronics Co. Ltd. (OTC: SSNLF) on Tuesday (Seoul time) reported better-than-expected earnings for the first quarter. What Happened The South Korean consumer electronics company said it made $44.9 billion in sales in the quarter, up 5% from the $42.8 billion posted in the first quarter...
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London Stock Exchange To File $27B Refinitv Merger With The EU Authorities: Report
Tuesday, January 14, 2020 - 5:18am | 414Read More...The London Stock Exchange Group will file its $27 billion merger deal with financial data provider Refinitiv with the European Union antitrust authorities in the coming weeks, the Financial Times reported on Monday. What Happened The stock exchange company has been in talks with the Brussels-based...
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Refinitiv Blocks Reuters Reports On Hong Kong Protests
Friday, December 13, 2019 - 7:45am | 498Read More...Refinitiv, a global provider of financial information, used an automated filter to block several Reuters’ stories about the ongoing Hong Kong protests since August, Reuters reports. What Happened More than 200 of their stories about the Hong Kong protests, as well as many other...
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Hong Kong Exchange Calls Off London Merger Pursuit
Tuesday, October 8, 2019 - 9:38am | 391Read More...Hong Kong Exchanges and Clearing abandoned its $37-billion bid for the London Stock Exchange on Tuesday. The announcement prompted a 4.7% drop in the London exchange’s stock. What Happened The Hong Kong exchange began its effort in September to integrate and streamline transactions...
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Skepticism Surrounds Proposed Hong Kong-London Stock Exchange Deal
Thursday, September 12, 2019 - 3:07pm | 446Read More...The Hong Kong Exchanges and Clearing company's proposed $37-billion acquisition of rival London Stock Exchange could be dead on arrival, with the London exchange reportedly set to reject the offer and U.K. regulators likely to block a deal. Bloomberg Commentator: Odd Deal The...
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$27B Mega Merger Happening Oversees: London Stock Exchange To Buy Refinitiv
Thursday, August 1, 2019 - 9:11am | 312Read More...The London Stock Exchange reached an agreement to acquire financial markets data gathering company Refinitiv in a $27 billion deal. What Happened LSE's acquisition of Refinitiv will transform the England-based stock exchange to a global market data and analytics behemoth. The stock exchange...
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Need A Robo-Advisor? Bambu Can Build You One
Thursday, July 25, 2019 - 2:18pm | 726Read More...In 2016, Ned Phillips, along with Aki Ranin and Luke Janssen, founded Bambu to address robo-advising in a new way. The fintech CEO elaborated on how Bambu is aiming to democratize financial planning. 'The Building Blocks' “We don’t have a robo-advisor; we have the...
