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Can the major indexes reclaim key support? Can Apple hold its 200-day? Will the 10-year Treasury yield top 3%? And is Twitter a better stock than Facebook or Google-parent Alphabet?
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.
Moody's Investors Service, ("Moody's") has assigned a Ba1 corporate family rating (CFR) and Ba1-PD probability of default rating to NMC Health plc (NMC), the largest healthcare provider in the ...
Retirement looked pretty good until GE shares collapsed. For decades, the company has had a program that encourages employees to buy GE shares by offering to match 50% of worker contributions, which were taken directly from paychecks.
Bureaucracy stifles ideas, driving away the best creative talent. Scale, and the layers of account people required to manage it, is often the enemy of creativity.
Investing.com - Oil traders will continue to weigh ongoing efforts by major global crude producers to reduce a supply glut against a steady increase in U.S. production levels in the week ahead.
T-Mobile’s (TMUS) closing price on April 16, 2018, was $62.75 per share. Based on that closing price, T-Mobile has a market cap of ~$53.6 billion—the third-highest among all major US wireless service providers. T-Mobile’s 52-week low price stands at $54.60 per share, while its 52-week high is $68.88 per share.
“We just need to go be boring for a while.” That was newish General Electric chief executive John Flannery explaining a few months ago what a well-functioning GE would look like. The once-admired US company ...
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.
Hundreds of foreign not-for-profit groups in China who suspended activities after a law placing them under close state supervision went into effect last year are now returning to work as normal. in January 2017. “It was not easy, but we are very happy,” said Cyril Poulopoulos, China director of French charity Handicap International. Temporary permits for activities had also been denied, staff at the organisations said, which made work in mainland China impossible.
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 ...
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.
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.
The 5G wireless network has the potential to boost download and upload speeds, significantly reduce latency, and improve network reliability. According to research by Statista, the number of 5G wireless subscriptions is expected to reach 545 million by 2022. Carter stated that T-Mobile is planning to roll out its nationwide 5G network by 2020 using its 600 MHz low-band spectrum, which the telecom company acquired during the Federal Communications Commission’s broadcast incentive auction last year.
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.
Under its existing revenue accounting standards, T-Mobile (TMUS) continues to expect its postpaid phone ARPU (average revenue per user) in 2018 to be stable compared to 2017. In 2017, T-Mobile reported branded postpaid phone ARPU of $46.97, down ~1.1% from $47.47 in 2016.