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Boeing Company Shares Dropped After Second-Quarter Results

Boeing Company Shares Dropped After Second-Quarter Results

The Boeing Company (NYSE: BA) reported its second-quarter earnings and revenue on Wednesday. Shares of Boeing dropped 3.2% in premarket trade today.According to the company, revenue for the second quarter increased to $24.3 billion, which beat analy..

Schnitzer Steel Industries Release Financial Report for the Third Quarter

Schnitzer Steel Industries Release Financial Report for the Third Quarter

On Tuesday, Schnitzer Steel Industries, Inc. (NASDAQ: SCHN) announced its financial results for the third quarter of fiscal 2018.Revenue for the company was $530 million, increasing 37.7% from $385 million for the same period last year. Total profit..

Ant Financial Hong Kong venture releases Blockchain service, Jack Ma raises concern

Ant Financial Hong Kong venture releases Blockchain service, Jack Ma raises concern

AlipayHK, a Hong Kong-based joint venture owned by China financial technology firm Ant Financial (ANTFIN.UL) and conglomerate CK Hutchinison Holdings, launched a cash remittance service powered by blockchain, between Hong Kong and the Philippines.Ho..

IFF acquires Frutarom for $7.1 billion

IFF acquires Frutarom for $7.1 billion

International Flavors & Fragrances Inc. (NYSE: IFF) announced on Monday that it will acquire Israeli Frutarom for $7.1 billion, including its net debt, to establish itself as an industry leader in naturals while expanding its customer base and p..

Financial Advisers Warn Investors Against Investing in Speculative Assets

Financial Advisers Warn Investors Against Investing in Speculative Assets

SuperInvestor Seth Klarman once said that investments are assets that buy goods and services. In other words, they produce cash flow. This undercuts several commodities that consumers usually consider as investments. This includes gold and handbags...

Both Apple and Oracle in Favor of Tax Repatriation Reform

Both Apple and Oracle in Favor of Tax Repatriation Reform

Mark Hurd, co-chief executive of Oracle Corporation (NYSE: ORCL), recently pledged his support to any form of tax reform that would allow the firm to retrieve its large cash pile from other nations. The government of the United States is looking to ..

Rise in Trade Mark Applications in the UK Due to Fintech Boom

Rise in Trade Mark Applications in the UK Due to Fintech Boom

Recent fintech innovations have caused a rise in trademark numbers registered by various financial companies in the UK. In 2016, the sector had reported registering a little over 4,000 trademarks. There is increasing competition among established fi..