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End Of An Era: BlackBerry To Stop Making Smartphones
Article By:
Tyler Durden
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Wednesday, September 28, 2016 9:52 AM EDT
The age of the iconic keyboard-ed smartphone is over as BlackBerry's John Chen confirmed that the firm will stop developing hardware in-house as its pivot to software shows “signs of momentum”.
In this article: BBRY (NOW BB)
Time For Congress To Stop Hollering At CEOs And Take Action
Article By:
Robert Reich
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Sunday, September 25, 2016 7:12 PM EDT
Congress has allowed Wall Street banks and pharmaceutical companies to accumulate vast market power that invites wrongdoing. Congress should give the Justice Department and regulatory agencies enough funding to do their jobs.
After Public Outcry Over $125 Million Tolstedt Bonus, Wells Fargo Will End Sales Goals For Retail Bankers
Article By:
Tyler Durden
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Tuesday, September 13, 2016 9:53 AM EDT
A panicked Wells Fargo and the largest U.S. bank by market capitalization, said that it would eliminate all product sales goals in retail banking, starting next year.
In this article: WFC
What Is Behind The Surge In The Corporate Debt
Article By:
Norman Mogil
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Monday, August 29, 2016 5:43 PM EDT
Just as governments are cutting back on issuing new debt, the corporate sector has taken up the role of being the largest source of new debt in the United States.
August Corporate Bond Issuance Breaks All Records Thanks To Relentless Demand For Yield
Article By:
Tyler Durden
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Tuesday, August 9, 2016 5:28 AM EDT
With no deterrents on the horizon, the pace of US corporate debt sales is expected to continue unabated driven by foreign buyers in a world where roughly $13tn of sovereign and corporate debt trades in negative territory.
HSBC To Buy Back $2.5 Billion Shares In 2016 As Profits Fall
Article By:
Cina Coren
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Wednesday, August 3, 2016 7:03 AM EDT
The central bank announced a $2.5 billion share buyback for this year as Chief Executive Officer Stuart Gulliver tries to reverse a stock slump, while pulling away from annual dividend increases and the timeline for a key profitability target.
In this article: HSBC
Execs Flee GLD – The Revolving Door At The SPDR Gold Trust Sponsor
Article By:
Lorimer Wilson
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Saturday, July 30, 2016 5:34 PM EDT
In less than 3 years, World Gold Trust Services has gone through 4 CEOs abd 3 CFOs. Has such a large number of senior executives moving through the roles rung any alarm bells at major institutional investors?
In this article: GLD
Energy Giant Schlumberger Fires Another 8,000 As "Market Conditions Worsened" In Q2
Article By:
Tyler Durden
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Friday, July 22, 2016 3:43 AM EDT
As a result of the ongoing energy recession, Schlumberger, Houston’s largest energy employer as of a month ago, has now eliminated about 50,000 jobs, or a third of its entire workforce, in the two years of the ongoing oil bust.
In this article: SLB
Can The EU Emulate Scandinavia’s Pursuit Of A Cashless Economy?
Article By:
Maithya Kitonyi
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Wednesday, July 13, 2016 3:00 PM EDT
95% of retail transactions in the Scandinavian region are done digitally while the remaining 5% is mostly considered to be because of illegal dealings. Can the EU emulate this?
The Problem With Corporate Debt
Article By:
Acting Man
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Saturday, June 18, 2016 7:53 PM EDT
There are actually two problems with corporate debt. One is that there is too much of it… the other is that a lot of it appears to be going sour.
Alibaba Investor Day: What Analysts Expect
Article By:
ValueWalk
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Monday, June 13, 2016 4:56 PM EDT
Stifel analysts expect the Jack Ma-led company to highlight potential growth opportunities, driven by growing middle-class and mobile penetration. JPMorgan, which rates it Overweight, will be looking for more details on Tmall and Taobao.
In this article: BABA