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Bed Bath & Beyond Shares Dropped After Earnings Announcement

Bed Bath & Beyond Shares Dropped After Earnings Announcement

Bed Bath & Beyond Inc. (NASDAQ: BBBY) announced its financial results for the first quarter of fiscal 2018 in the extended session Wednesday. Shares of the company dropped 6.8% after the announcement.According to the company, total revenue for t..

Xiaomi Sets Terms for $6.1 Billion Hong Kong IPO

Xiaomi Sets Terms for $6.1 Billion Hong Kong IPO

Xiaomi has set initial tentative terms for the world’s biggest initial public offering with potential to raise up to $6.1 billion in Hong Kong. The Chinese smartphone maker plan to offer 2.18 billion shares at HK$17 to HK$22 each, with talks w..

Market Gets Riskier and Bloomberg Proves it

Market Gets Riskier and Bloomberg Proves it

Bloomberg made one announcement in the morning only to make a complete turnaround in the evening. It announced during the starting hours that price increases by United Technologies and Caterpillar represented the bullish signs eagerly awaited by inv..

JPMorgan Warns Stock Market Could Fall by 40%

JPMorgan Warns Stock Market Could Fall by 40%

JPMorgan Chase & Co. (NYSE: JPM) executive Daniel Pinto warned equity markets could fall as much as 40 percent in the next two to three years, according to Bloomberg News."The equity market has some way to go for the next year to two,"..

Amazon in Talks with JPMorgan About Checking Accounts

Amazon in Talks with JPMorgan About Checking Accounts

Amazon.com Inc. (NASDAQ: AMZN) is in talks with JPMorgan Chase & Co. (NYSE: JPM) and other big banks such as Capital One Financial Corp. (NYSE: COF) about offering the tech giant a checking account for its customers, according to the Wall Street..

JPMorgan Introduces $20 Billion Investment Plan

JPMorgan Introduces $20 Billion Investment Plan

On Tuesday, JPMorgan Chase & Co. (NYSE: JPM) introduced a $20 billion investment plan aimed to hire more employees, hike wages, open new branches, as well as expand the business in order to take advantage of the U.S. tax law changes and a more p..

Starbucks shares jump after missing revenue estimates

Starbucks shares jump after missing revenue estimates

Starbucks Corp. (NASDAQ: SBUX) reported its fourth quarter earnings for fiscal year 2017. The company reported earnings in-line with analysts’ estimates, but revenue fell for the fourth consecutive quarter.Starbucks shares plummeted durin..