EU News Digest Latest News & Updates
Feng Li | Getty Images News | Getty Images Apple staff members celebrate as customers coming the Wangfujing store on October 20, 2012 in Beijing, China. The tech sector has come roaring back — Amazon has risen more than 9 percent and Netflix has surged 16 percent in the new …
Read More »Monthly Archives: January 2019
Most illegal immigration isn’t at Mexican border where Trump wants to build a wall
Leah Mills| Reuters A migrant child sleeps while he is carried by family as fellow migrants, all part of the caravan of migrants who traveled from Central America with the intention of crossing into the U.S., walk to the border fence in order to cross into the U.S. from Tijuana, …
Read More »Top weed analyst on Wall Street raises sales forecast, names top picks
Azer expects a “material increase” in revenues at Canopy throughout 2019 as supply challenges are addressed. The analysts sees sales jumping from C$239 million in fiscal 2019 to C$778 million in fiscal 2020, a 225 percent rally. “We remain confident in Canopy’s ability to generate such vibrant sequential growth based …
Read More »Jamie Dimon says the stock market overreacted, no recession ahead
Janvhi Bhojwani | CNBC Jamie Dimon, CEO of JP Morgan Chase, speaking at the Business Roundtable CEO Innovation Summit in Washington, D.C. on Dec. 6th, 2018. Markets from equities to high-yield bonds that have been flashing warning signs are probably an overreaction to slowing growth rather than a precursor of imminent …
Read More »WeWork rebranding as The We Company, SoftBank invests $2 billion
Mandel Ngan | AFP | Getty Images A man enter the doors of the ‘WeWork’ co-operative co-working space in Washington, DC. WeWork is rebranding as The We Company, with plans to move even further beyond office space rentals and launch a bank, according to a new report by Fast Company. …
Read More »Good companies often make bad investments, new study shows
A good reputation, strong competitive advantage and popular brands may not only be hallmarks of any healthy Wall Street company, but also a sign of a poor investment idea, researchers at CFA Institute and Morningstar found. Securities with popular, desirable traits generate lower expected returns, while those with more unpopular, …
Read More »Turkey’s Erdogan shuts down White House’s Bolton on Syria
Adem Altan | AFP | Getty Images Turkey’s President and leader of Turkey’s ruling Justice and Development (AK) Party Recep Tayyip Erdogan makes a speech during his party’s parliamentary group meeting at the Grand National Assembly of Turkey in Ankara on January 8, 2019. Turkey’s President Recep Erdogan issued a …
Read More »EU doesn’t want to ‘trap the UK into anything’, Irish leader says
WPA Pool | Getty Images News | Getty Images LONDON, ENGLAND – JUNE 19: Britain’s Prime Minister Theresa May (R) and Irish Taoiseach Leo Varadkar shake hands at a joint press conference. “The (European) Council conclusions at our last meeting in December provided written assurances but certainly what’s happening at …
Read More »Apple analysts let down their clients, but it shouldn’t be a surprise
Scott Eells | Bloomberg | Getty Images The Apple logo is displayed at the Nasdaq MarketSite just before the opening bell in New York on Thursday, Aug. 25, 2011. Apple analysts, huh, what were they good for? Absolutely nothing. Say it again… Yep, that’s right, I just butchered one of …
Read More »Health-care sector M&A deals set to rebound in 2019, law firm says
Justin Sullivan | Getty Images A doctor examines a patient at the UCSF Women’s Health Center in San Francisco, California. Deal-making activity in the rapidly growing health-care sector is expected to rebound in 2019, a law firm said in a report Monday, but heavier regulation and political uncertainty cloud the …
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