Category archives for: Finance

Shares Of Netflix Increase With Increase In Profits

Shares Of Netflix Increase With Increase In Profits

Third quarter profits of Netflix increased again as the number of domestic and international customers increased. However, the company reminded investors that despite the increase in the number of subscribers, it is advisable to keep things in perspective. David Wells and Reed Hastings, chief financial officer and CEO respectively, indicated that despite the volatile movements […]

New Technologies Help To Make Bookkeeping Easier

New Technologies Help To Make Bookkeeping Easier

Bookkeeping is incredibly important to any business, no matter what type of company they own and operate. By keeping track of the books, you will find that your company runs more efficiently and is able to keep up with its established budget. A lot of business owners hire professional bookkeepers to do the work for […]

New $100 Bill Hard To Replicate

New $100 Bill Set To Be Released

Two years after it was supposed to be released to the banks, the new $100 bill was introduced recently by the Federal Reserve. The Fed announced three years ago that an issue in the latest security measures of the currency caused the bills to fold. Due to this, the bills had a number of blank […]

Unilever Warning Affect Shares Of Other Companies

Unilever Warning Affect Shares Of Other Companies

The possibility that other companies in emerging markets will be affected by lower sales of Unilever marked the start of the last quarter of the FTSE 100 for 2013. Shares of the company declined by 3.9 percent as it went down to its lowest level in eleven months. Sales projections of the company for the […]

BlackBerry Enter To A Deal With A Consortium For $4.7 Billion

BlackBerry Enter To A Deal With A Consortium For $4.7 Billion

An agreement between BlackBerry and a group headed by Fairfax Financial Holdings was entered into recently that will take the company private. The deal will give shareholders $9 per share, which is slightly higher than the $8.23 value of the stock. The deal follows an uncertainty that clouded the future of the company. The company […]

Stock-Options Market Affected By Data Feed Issue

Stock-Options Market Affected By Data Feed Issue

A data feed issue resulted to a halt in trading at the stock-options market for around twenty minutes on Wall Street recently. The latest issue affected the quote processing data on Wall Street. This issue resulted to a halt in the trading of US stock-options on Monday afternoon. The Options Price Reporting Authority or the […]

Bank Of America Among The Shares To Be Replaced At Dow Industrials

Bank Of America Among The Shares To Be Replaced At Dow Industrials

The Bank of America Corp, Hewlett-Packard Co and Alcoa Inc are set to be replaced at the Dow Jones Industrial Average in the coming week. This is the biggest change in the index in nearly a decade. The Bank of America will be replaced by Goldman Sachs Group while HP will be replaced by Visa […]

Verizon Wireless Stake Of Vodafone To Be Acquired By Verizon

Verizon Wireless Stake Of Vodafone To Be Acquired By Verizon

The stake of Vodafone in Verizon Wireless will be acquired by Verizon Communications. This comes after the finalization of an agreement between the two companies. The $130 billion deal is the third biggest corporate acquisition in history. The acquisition comes behind the $164 billion deal between AOL and Time Warner and the $183 million deal […]

Former JP Morgan “London Whale” Banker Taken Into Custody

Former JP Morgan “London Whale” Banker Taken Into Custody

The former credit and equity trading head at the investment office of JP Morgan gave up to the authorities, according to Spanish police. He was arrested due to his role in the “London Whale” trade. Javier Martin-Artajo is facing charges of attempting to hide huge losses in connection to the “London Whale” trade. The National […]

Forever 21 Downgrades Status Of Some Full-Time Employees

Forever 21 Downgrades Status Of Some Full-Time Employees

A memo leaked from Forever 21 indicated that a number of full-time employees of the company were downgraded to part-time status. This resulted to the withdrawal of some benefits from these employees. The retailer, which is supposedly worth around $3 billion, was also named as transformative retail concept following an increase in sales in the […]

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