trading

Stock Market Surge Due to Republican Proposals

Stock Market Surge Due to Republican Proposals

The long-running bullish market has been provided another impetus by the tax slash proposal of the Republican administration. The positives have been felt for a couple of weeks. This positive effect is expected to overflow into 2018. This happens al..

Teva May Cut 10,000 Jobs

Teva May Cut 10,000 Jobs

Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) has announced the cut of 10,000 jobs as the company aims to reduce $1.5 billion to $2 billion in costs over the next two years. Following this announcement, the drug maker’s U.S. shares increase..

Fred’s Shares Dropped After Announcing Q3 Results

Fred’s Shares Dropped After Announcing Q3 Results

Fred’s Inc. (NASDAQ: FRED) announced its financial results for the third quarter ended October 28, 2017. After the announcement, shares of the company dropped 19.84% to $4.08 per share in premarket trading on Wednesday.“In the third..

G-III Apparel Group Stock Up After Earnings

G-III Apparel Group Stock Up After Earnings

G-III Apparel Group, Ltd. (NASDAQ: GIII) announced its operating results for the third quarter of fiscal 2018 ended October 31, 2017. According to the report the company net sales increased 16% to $1.02 billion from $883.5 million in the year-a..

Bitcoin price Surged Above $11,000

Bitcoin price Surged Above $11,000

Bitcoin price jumped to a new record high on Wednesday as investors’ interests in cryptocurrencies continue to increase.Bitcoin, the world’s largest cryptocurrency by market cap, surged 11 percent to $11,005.23 during Wednesday’s t..

Bitcoin Drops Over 20% After All Time High

Bitcoin Drops Over 20% After All Time High

Bitcoin prices tanked and plummeted nearly 20 percent after hitting an all time high on Wednesday of $11,273.89. Prices slid back down to almost $9,000 on Thursday. The cryptocurrency slightly recovered, going back up to $9,500 midday on Thursday.De..

Samsung Shares Fall

Samsung Shares Fall

On Monday, Samsung announced shares dropping more than 4% which marked a one-month low after Morgan Stanley cut their recommendation on the tech giant due to concerns over increasing sales in memory chips that is likely to rise soon. The company rep..