|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||N/A - N/A|
|52 Week Range||undefined - undefined|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The prospect of forging a European telecoms champion has been a dream for two decades of industry executives, billionaire investors and even the European Commission. networks, US and Chinese companies are racing ahead. If it happens, the transaction is likely to be worth as much as €16.5bn including debt, making it the largest European telecoms deal in almost five years.
A look at some of the key business events and economic indicators upcoming this week: SALES REBOUND? Despite a dearth of homes on the market, sales of new U.S. homes have been declining lately. Sales slipped ...
Bank of America Corp (BAC.N) has spent $1 billion on its digital banking services in the last six years and launched its lineup of techy mortgage products last week. Bank of America's app automatically fills in a customer's address, employment history and other information that the bank already has, cutting out hundreds of boxes customers would otherwise have to fill. Quicken Loans was the first to gain traction with digital home loans following its 2016 Rocket Mortgage launch.
Ford Motor Co. is ready to upend its advertising agency relationship that dates back to 1945. Ford Motor Co. is giving WPP, the holding company that owns and runs such famous Madison Ave. brands as J. Walter Thompson and Ogilvy & Mather, a gift to celebrate their 75th anniversary working toigether–a possible firing. In the ad business, it is known as a “review.” Ford confirmed Friday that it is “reviewing” its relationship with WPP, which handles more than $4 billion in advertising business for Ford globally in more than 40 countries.
This weekend's Barron's cover story examines the divide between business models in the big tech space. Other featured articles show why MLPs look attractive again and what to expect in the battle over ...
As large tech companies report first-quarter earnings in a flood of results during the next two weeks, they face a major test: Will they continue to post huge growth, and fuel further overall gains for ...
Facebook's data scandal has made some people nervous about staying on the social network. There are ways to keep yourself plugged in without deleting Facebook, or compromising your data, CNET explains. It seems every other week there's a new data breach, hack or security issue.
Jim Hackett is trying to make changes. But the auto maker is ‘burning a lot of cash in a lot of places,’ says one analyst.
JPM says revenue is higher by $303 million but Citi, Bank of America are less forthcomingReutersJP Morgan CEO Jamie Dimon speaks at a Remain in the EU campaign event attended by Britain's Chancellor of the Exchequer George Osborne (not shown) at JP Morgan's corporate centre in Bournemouth, southern Britain, June 3, 2016. As new accounting standards for recognizing revenue take effect in the first quarter of 2018, big banks are taking decidedly different tacks in explaining how some revenues would be reported going forward, and why they are higher or lower than what investors may have expected. The biggest commercial and investment banks have already explained how new rules for reporting revenue, effective for most public companies on Jan 1, would impact results.
The $1 billion fine imposed by the Consumer Financial Protection Bureau, and first since Mick Mulvaney took over the agency, ranks as the second-highest in the history of the agency.
Earlier this week Alibaba said will make its own chip available for access through its cloud. Google has developed chips for AI, and Facebook has a nascent chip effort. Chinese retailer and cloud infrastructure provider Alibaba BABA is the latest company to think up its own design for processors that can run artificial intelligence software.
Ford Motor Company said on Saturday it will take bids on some of its advertising managed by WPP, adding to uncertainty around the British ad giant after last week's exit of founder Martin Sorrell. While Ford's decision does not affect all of its accounts with WPP - and the agency will be able to bid for the rest of the business along with everyone else - it comes at a difficult juncture for the world's biggest advertising firm. Sorrell, who over 33 years built the firm into one of Britain's biggest companies, quit last week as chief executive officer after an allegation of personal misconduct that he denies.
According to industry reports, Alphabet’s (GOOGL) Google is in advanced discussions with respect to acquiring Nokia’s (NOK) airborne broadband business. Google could use Nokia’s airborne Internet technology to deliver faster Wi-Fi connectivity on airplanes. In-flight Internet provider Gogo’s (GOGO) stock price declined on the news of Google exploring the acquisition of Nokia’s airborne broadband technology.
Is Snap correcting for over-hiring? The job reductions Snap (SNAP) carried out in March 2018 were primarily in the engineering and sales departments, the company revealed in a regulatory filing. According to a Bloomberg report, the sales job cuts were mostly in the advertising division, where the company eliminated ~100 positions.
The U.S. Securities and Exchange Commission has tried hard to force Alphabet Inc. and Amazon.com Inc. to disclose more information about their fast-growing businesses, but the tech giants aren’t playing along. The SEC is apparently as curious as MarketWatch is about Google’s YouTube revenue, Amazon’s allocation of R&D spending and a few other matters related to the vast amounts of money coming and going from Big Tech’s corporate giants.
Cloud software has been a hot sector for initial public offerings, but now we will see how Wall Street feels about cloud software used to make more cloud software. Pivotal Software Inc. (PVTL) announced early Friday that it would sell at least 37 million shares in its IPO at a price of $15, the midpoint of the expected price range of $14 to $16.
As SUVs and trucks continue to take over the U.S. auto market, automakers are taking risks on fast and rugged trucks and SUVs that draw in customers and bring higher margins for relatively low investment.
Morgan Stanley (MS) stock has fallen 4.6% over the past three months and risen 28.7% over the past year. In comparison, the overall sector (XLF) has fallen 6.4% and risen 19.1%, respectively. The bank’s asset management offerings, interest income, and consistent trading revenue have continued to support its strong performance.
Snap carried out two rounds of layoffs in March, mostly in its sales and engineering departments. In the coming years, Snap expects its workforce reduction to yield $34 million in annual cost savings, particularly in salaries and payroll taxes.
The General Data Privacy Regulation, or GDPR, goes into effect May 25 and will require a host of changes by companies that collect user data.