investors

Netflix Stock is Close to Topping $200 for First Time

Netflix Stock is Close to Topping $200 for First Time

Netflix, Inc. (NASDAQ: NFLX) has confirmed on Thursday with Business Insider that the online streaming site will be raising its U.S. subscription prices starting on October 5. Investors responded positively to the news. Shares of the ..

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..

Morgan Stanley Fined $13 Million by FINRA

Morgan Stanley Fined $13 Million by FINRA

 On Monday, Morgan Stanley (NYSE: MS) was ordered by the Financial Industry Regulatory Authority (FINRA) to pay $13 million in fines and restitution to clients for inadequately supervising certain short term trades. Between January 2012 an..

Bitcoin Crashes After BTCChina Halts Trading

Bitcoin Crashes After BTCChina Halts Trading

On Thursday, Chinese bitcoin exchange BTC China announced that they will halt all trading from September 30. This decision was based on Chinese authorities’ concern over investment risks involved in cryptocurrencies and ordered a ban on initia..

American Eagle Outfitters Announced Second-Quarter Financial Results

American Eagle Outfitters Announced Second-Quarter Financial Results

On Wednesday, American Eagle Outfitters, Inc. (NYSE: AEO), a leading global specialty retailer, announced its financial results for the second quarter of 2017. After the announcement, shares of the company increased 11.4% on Wednesday.Total net reve..

Bannon's Exit Impacts Stock Market

Bannon's Exit Impacts Stock Market

Friday was a happening day both for the White House and the U.S. stock market. Steve Bannon quit as chief strategists, making room for plenty of speculation about what went wrong and whether the exit was voluntary or forced.  Apart from the fac..

L Brands Lowers Full Year Guidance, Shares Fall 10%

L Brands Lowers Full Year Guidance, Shares Fall 10%

Shares of L Brands (NYSE: LB), the parent company of Victoria’s Secret and Bath & Body Works, fell nearly 10 percent to $35.24 on Thursday after the company lowered its guidance for the year.Despite reporting second quarter earnings o..