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Stock Market continues to surge

Stock Market continues to surge

Wall Street now brims with joy as markets continue to surge. Reports and stories abound on projections of the continued growth of markets. This optimism should be recognized for what it really is: wishful thinking and not reality. This is the perfec..

Smartphones to be Produced in India

Smartphones to be Produced in India

India has been growing an interest in developing smartphones but is up in the air right now since there is a lack of skilled labor and suppliers as well as a complex tax regime. Under the slogan ‘Make in India’, the Prime Minister aims t..

U.S. Jobless Claims Increased by 1,000 to 236,000

U.S. Jobless Claims Increased by 1,000 to 236,000

The number of Americans filing for unemployment benefits increased last week, but it still remains at a very low level and suggests a healthy labor market conditions.Initial claims for unemployment benefits increased by 1,000 to a seasonally adjuste..

Vantiv Acquired Worldpay for $10 billion

Vantiv Acquired Worldpay for $10 billion

Vantiv Inc. (NYSE: VNTV), a U.S. credit card company, has sealed a $10.4 billion merger with the biggest U.K. payment processing company, Worldpay Group. Vantiv announced its first interest in purchasing Worldpay back in July.Worldpay said that for ..

Umpqua Holdings Corp Announced Financial Results for the Second Quarter

Umpqua Holdings Corp Announced Financial Results for the Second Quarter

This week, Umpqua Holdings Corporation (NASDAQ: UMPQ) announced its financial results for the second quarter of 2017.According to the company, earnings for the second quarter increased from $54.25 million, or $0.25 per share in the same period last ..

Citigroup Chooses Frankfurt as New European Trading Hub

Citigroup Chooses Frankfurt as New European Trading Hub

Citigroup, Inc. (NYSE: C) announced that they have chosen Frankfurt as their newest trading hub in the European Union and hopes that the board of directors will approve with this decision. This expansion will create between 150 and 250 new role..