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European Shares Strengthen, Thanks to Political Developments

European Shares Strengthen, Thanks to Political Developments

Markets in Europe have opened to a positive news with the investors 'seemingly' more confident about the future. The reason behind the shares strengthening early in the week is that some favorable developments have been happening in the UK, ..

Citi Beats on Third-Quarter Financial Results

Citi Beats on Third-Quarter Financial Results

On Thursday, Citigroup Inc (NYSE: C) announced its financial results for the third quarter of 2017. Both earnings and revenue beat previous estimates.According to the company, revenue increased 2% from $17.8 billion for the same period last year to ..

Bombardier Looks into Asian Markets

Bombardier Looks into Asian Markets

Bombardier Inc. is looking into fast growing markets such as India to boost sales of their Cseries and Q400 narrow body planes after facing a trade row over sales to the U.S. and a tremendous competition with rival Boeing Co (NYSE: BA) India is one ..

Analysts Fear for the U.S. Dollar's Status as World Reserve Currency

Analysts Fear for the U.S. Dollar's Status as World Reserve Currency

It is no secret that world over, the U.S. dollar enjoys the pride of place. Central banks use the dollar as the world reserve currency and when you look at the transactions that take place across the globe, nearly 90% of them are carried out in U.S...

Project Finance, Real Estate Under Close Watch

Project Finance, Real Estate Under Close Watch

The BSP or Bangko Sentral ng Pilipinas has started to closely watch the activities of Philippine banks. It is especially going through the banks' project finance and real estate exposures. The watchdog activity has intensified after a number of ..

Avis and Hertz Shares Jump

Avis and Hertz Shares Jump

Both shares of American car rental companies Avis Budget Group Inc. (NASDAQ: CAR) and Hertz Global Holdings Inc (NYSE: HRI) have seen a jump in shares these past few weeks due to the storms that devastated the southern part of the U.S. However, many..

Momo Beats Q2, But Shares Plummet Over 19%

Momo Beats Q2, But Shares Plummet Over 19%

Momo Inc. (NASDAQ: MOMO) reported its second quarter earnings and beat estimates, but despite strong results, shares plummeted down over 19 percent during Tuesday’s trading hours.The Chinese social media company posted revenues for the second ..