Wall Street

BlackBerry to announce Q3 Fiscal 2018 results on December 20, 2017

WATERLOO, ONTARIO - BlackBerry Limited (NYSE:BB)(TSX:BB) will report results for the third quarter of fiscal 2018 at 8 a.m. ET on Wednesday, Dec. 20, …

Ontario

VMware, Inc. (NYSE:VMW) Moves -3.91% Over the Past 5 Days

VMware, Inc. (NYSE:VMW) shares saw the needle move -3.91% on the week. The stock closed the most recent session at $119.57 after seeing 1595315 …

Trading

Spotify Could Get a Little Wild When It Goes Public

The streaming service’s direct listing won’t be an all-or-nothing proposition.<p>It looks like Spotify AB really is going to go public by doing a direct listing on a U.S. stock exchange, and I am starting to get excited. The idea of a direct listing is that, instead of doing an underwritten initial …

Finance

Tech stocks put S&P 500 back on track for a year-end record

Bouncing technology shares are putting a perfect year back within reach of the U.S. stock market. While short of a recovery, the advance in the market’s biggest industry has helped the Standard & Poor’s 500-stock index rebound from four days of losses at the start of the month. The FANG group of …

Markets

Clampdowns threaten bitcoin as price yo-yos

Bitcoin's gyration continued on Friday amid frenzied demand and fresh worries from banks and governments about its record-breaking run.

South Korea

BlackRock declares monthly distribution on Funds

BlackRock Resources and Commodities Strategy Trust (NYSE:BCX) - of $0.0516.<p>BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) - of $0.0467.<p>BlackRock …

Business

EU rules most U.S. "dark pools" out of MiFID II stock exchange pact

BRUSSELS, Dec 8 (Reuters) - Concerns about U.S. alternative exchanges known as “dark pools” have prompted the European Commission to cut the number which will have access to European Union markets when new rules come into force in January, documents seen by Reuters show.<p>The European Union and the …

Brexit

Brexit deal helps U.S. futures bounce

(Reuters) - U.S. stock futures pointed to a higher opening for Wall Street on Friday, helped by gains for global stock markets after Britain secured EU agreement to move on from the first-round of Brexit negotiations.<p>- Barclays (BCS.N) and LLoyds Banking Group (LYG.N) were among New York's biggest …

Markets

PepsiCo jumping to the Nasdaq from the NYSE

PepsiCo (NYSE:PEP) says it is moving its stock listing to the Nasdaq, ending nearly a century on the NYSE.<p>"We believe this move will provide us with …

Business

Morgan Stanley expects India's GDP growth to accelerate to 7.5 percent in 2018

India's private capital spending and demand conditions are gradually recovering after the new tax regime and cash ban had disrupted economic growth …

Economy

Spirit Realty Capital declares $0.18 dividend

Spirit Realty Capital (NYSE:SRC) declares $0.18/share quarterly dividend, in line with previous.<p>Forward yield 8.61%<p>Payable Jan. 12; for shareholders …

Business

Bitcoin soars more than $3,000 in under 3 hours on Coinbase —and the site went down

• <b>Bitcoin soared from $16,000 a coin on Coinbase's GDAX exchange to $19,500 in less than three hours Thursday.</b>• <b><br>Coinbase site appears to be down for some users.</b>• <b><br>Bitcoin was trading at $15,398 a coin at 11:59 a.m. ET, according to Markets Insider data.</b><p>Bitcoin soared above $19,500 a coin on Coinbase's …

Cryptocurrency

GE to cut 1,100 power business jobs in Britain

LONDON (Reuters) - General Electric Co (GE.N) plans to cut around 1,100 jobs or 6 percent of its workforce across its power business in Britain following a significant deterioration in its markets, it said on Thursday.<p>FILE PHOTO: The ticker and logo for General Electric Co. is displayed on a screen …

NYSE

S&P Rally To Begin Next Week

There are 4 reasons for this projection.<p>First, next week is OPEX (option expiration) week. The S&P usually rises in such weeks, but this is especially true in the seasonally-bullish month of December. The histogram below shows the expected value (probability of a rise on that day multiplied by the …

Markets

Bank lobbyists in fresh push on U.S. tax bill 'repo' provision - sources

WASHINGTON (Reuters) - Bank lobbyists are scrambling to preserve a critical $2.2 trillion-a-day short-term funding market that would be disrupted under a provision in the Republican U.S. tax overhaul that aims to crack down on tax-dodging by multinational corporations, banking industry sources said …

Donald Trump

Who Is Jack Ma, Founder Of Chinese Giant Alibaba?

Investing.com - Lately, Jack Ma has been in the news for his performing ability displayed in Alibaba (NYSE:BABA)'s 18th anniversary party, when he …

Stock Markets

Walmart Changes Its Legal Name As It Shifts Away From Physical Stores

NEW YORK — Wal-Mart Stores Inc. is changing its legal name effective Feb. 1 as it shifts away from physical stores in the age of Amazon's increasing …

eCommerce

U.S. shares higher at close of trade; Dow Jones Industrial Average up 0.49%

Investing.com – U.S. equities were higher at the close on Friday, as gains in the Telecoms, Healthcare and Oil & Gas sectors propelled shares …

Markets

Here's a super-quick guide to what traders are talking about right now

<b>Dave Lutz, head of ETFs at JonesTrading, has an overview of today's markets.</b><p>US markets are in the green Thursday morning.<br>• European markets are mostly higher.<br>• Bitcoin races above $15,000 a coin.<p><b>Here's Lutz:</b><p>Morning! US Futures Are in the green, with Spoos trying to break their longest losing streak …

Markets

EU regulators to warn Bayer about Monsanto bid -source

BRUSSELS (Reuters) - EU antitrust regulators are set to warn Bayer its planned purchase of U.S. seed maker Monsanto may hurt competition, a person familiar with the matter said on Friday, a move that would force Bayer to offer concessions to address the concerns.<p>The $66 billion deal would make …

Monsanto

BlackBerry, Qualcomm expand partnership to connected automotive

(Reuters) - BlackBerry Ltd (BB.TO) said on Thursday it would partner with Qualcomm Inc (QCOM.O) to use the chipmaker's hardware platform to expand in the fast-growing connected automotive industry.<p>BlackBerry said it would use Qualcomm's hardware platform in areas such as virtual cockpit …

Internet of Things

Bitcoin to start futures trading, stoking worries

Bitcoin fans are salivating over the potential of long-awaited legitimacy for the cyptocurrency when futures trading launches this weekend.<p>But …

News (Ireland)

Weekly CEF Roundup: Boosts And Cuts In Pioneer Funds

CEFs see renewed selling pressure with only 7 out of 32.<p>Munis, senior loans and MLPs have the lowest average sector z-score.<p>Several Pioneer funds …

Finance

The top 10 best albums of 2017

<b>10.The Movielife-“Cities In Search Of A Heart”</b><p>“Cities In Search Of A Heart” is a collection of songs influenced by all the member’s side and solo …

Jack Antonoff

Hot Stock’s Alert: VMware, Inc. (NYSE: VMW)

U.S. stocks perked up in Thursday morning trading, and the Standard & Poor’s 500 index was on track for its first gain in five days.<p>Crude oil inched …

Trading

LendingClub shares take a hit from disappointing forecast

(Reuters) - Shares of LendingClub Corp (LC.N) hit a record low on Thursday after the online lender raised its loss estimate and cut its revenue forecast for the fourth quarter.<p>FILE PHOTO - A woman looks at her phone as she passes by a Lending Club banner on the facade of the the New York Stock …

Morgenthaler

STOCKS RISE: Here’s what you need to know

• <b>S&P 500</b>: 2,637.01 (+0.29%)• <b><br>Dow</b>: 24,200.60 (+0.25%)• <b><br>Nasdaq</b>: 6,812.84 (+0.54%)• <b><br>Oil</b>: $56.61 (+1.16%)• <b><br>10-year treasury bond:</b> 2.34% (-0.57%)

Markets

Dell revenue surges on server growth, but storage sales stay flat

Dell Technologies Inc. revenues surged 21 percent in its fiscal third quarter, led by strong growth in its server business, another blowout quarter …

Markets

CURO announces pricing of initial public offering

CURO Group Holdings (Pending:CURO) announced the pricing of its initial public offering of 6,666,667 shares of common stock at a price of $14.00 per …

Business

Cramer: Bitcoin is like 'Monopoly money' — you're better off gambling in Vegas

Bitcoin is a pure gamble, and those interested in the cryptocurrency should just go to Vegas instead, CNBC's Jim Cramer warned on Wednesday.<p>The …

Cryptocurrency