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International Stocks Up, Dollar Rebounds

International Stocks Up, Dollar Rebounds

International equity indexes went north on January 16, all set for wide gains. The European shares lighted up the way, taking their direction from positive trading trends in Asia-Pacific region. The US dollar also bounced up from its three year low ..

First Republic Bank Missed Q4 Expectations

First Republic Bank Missed Q4 Expectations

On Tuesday,First Republic Bank (NYSE: FRC) announced its financial results for the fourth quarter of 2017. With both revenue and earnings missing estimates, shares of the bank opened at $91.06 per share today.For the fourth quarter, the bank an..

SoftBank is Planning an IPO of $18 Billion for its Unit of Mobile Phones

SoftBank is Planning an IPO of $18 Billion for its Unit of Mobile Phones

The SoftBank Group is planning to register its business of mobile phones by raising approximately $18 billion, a spin-off which would complete the transformation of the telecoms conglomerate in Japan and make it an international technology investor...

Second Major Cryptocurrency Ripple May have Made a Premature Leap

Second Major Cryptocurrency Ripple May have Made a Premature Leap

The digital currency wave seems to have pushed ahead of its cryptocurrency opponents, primarily because it is associated with key institutions, and hence has a stamp of practicality and legitimacy.But cryptocurrency enthusiasts claim that centraliza..

Teva Pharmaceuticals to Cut 25% of Jobs

Teva Pharmaceuticals to Cut 25% of Jobs

Teva Pharmaceutical Industries Ltd (NYSE: TEVA), based in Israel, is one of the world’s largest makers of generic drugs. The pharmaceutical giant has had a rough year, facing declining prices for generic drugs and the loss of a major branded d..

Stock Market Surge Due to Republican Proposals

Stock Market Surge Due to Republican Proposals

The long-running bullish market has been provided another impetus by the tax slash proposal of the Republican administration. The positives have been felt for a couple of weeks. This positive effect is expected to overflow into 2018. This happens al..

Gold Rises Ahead of Fed Meeting

Gold Rises Ahead of Fed Meeting

Gold price rose slightly as investors are closely watching the Federal Reserve meeting this week.Spot gold rose 0.18 percent to $1,244.24 per ounce during Tuesday’s trading session. It rebounded from a near five-month low. While gold future fo..