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Monthly Archives: January 2018

Wall Street analysts estimate Seagate’s stake in Ripple company

David Paul Morris | Bloomberg | Getty Images Brad Garlinghouse, chief executive officer of Ripple Labs Inc. Investors are buzzing over a report that speculated on the size of Seagate’s early investments in cryptocurrency company Ripple and now Wall Street is weighing in. “Seagate is up sharply this morning as …

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Trump close to decision on Fed vice chair pick, administration official says

Saul Loeb | AFP | Getty Images President Donald Trump speaks about his administration’s National Security Strategy at the Ronald Reagan Building and International Trade Center in Washington, DC, December 18, 2017. President Donald Trump is close to making a decision on who to nominate as vice chair of the …

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Regulators reject Rick Perry’s plan to prop up coal and nuclear plants

Getty Images Secretary of Energy Rick Perry testifies during a House Energy and Commerce Committee hearing on Capitol Hill, October 12, 2017 in Washington, DC. Federal regulators on Monday rejected a rule proposed by Energy Secretary Rick Perry that would have subsidized coal and nuclear power plants in some parts …

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Buy Apple because it could buy back more than $120 billion of stock

Saeed Khan | AFP | Getty Images First customers display their iPhone X sets at an Apple showroom in Sydney, Australia on November 3, 2017. Apple’s capital return program will get much larger, according to one Wall Street firm. UBS reiterated its buy rating on Apple shares, saying the recently …

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Raise corporate tax rate to pay for infrastructure, says Rep. Delaney

Helen H. Richardson | The Denver Post | Getty lmages Sergio Hernandez works on the median just east of the new I-25 interchange in Castle Rock, Colorado. Now that the Republican tax package has been signed into law, Trump is planning to move forward with a massive infrastructure program. The …

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Apple issues Spectre patch for iPhones and iPads

Getty Images Apple CEO Tim Cook prepares to greet customers that will purchase a new iPhone X at an Apple Store on November 3, 2017 in Palo Alto, California. Apple just released a security patch for iPhones and iPads — this time in response to the “Spectre” vulnerability that first …

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Trouble in the charts for banks going into earnings, according to technician

The big banks kick off earnings this week, and it could be make or break time for the surging sector. Wells Fargo, J.P. Morgan and BlackRock are set to report Friday before the bell, with the market implying moves of 3 percent, 2.5 percent and 2 percent in either direction …

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Electronic Arts to outperform in 2018 despite gamer outcry: Analyst

Frederic J. Brown | AFP | Getty Images Gaming fans play ‘Star Wars Battlefront II’ from EA Sports at the Los Angeles Convention Center on day one of E3 2017, the three day Electronic Entertainment Expo, one of the biggest events in the gaming industry calendar, on June 13, 2017 …

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Takata adds 3.3 million air bag inflators to massive recall

Joe Raedle | Getty Images A deployed airbag is seen in a Chrysler vehicle at the LKQ Pick Your Part salvage yard on May 22, 2015 in Medley, Florida. The largest automotive recall in history centers around the defective Takata Corp. air bags that are found in millions of vehicles …

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Bulls are betting this market will be the G.O.A.T. (greatest of all time)

To be aggressively optimistic on this stock market now is to bet that it can challenge the greatest bull market of all-time — the 13-year run that ended in early 2000 . In terms of its cumulative gains, persistence, valuation and the public’s exposure to stocks, only the final years …

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