The latest announcement last Wednesday that Deutsche Bank AG (USA) (NYSE:DB)’s profits have plunged by 98% was not received well in all quarters. The bank that has been struggling the past few years and has shareholders worried, despite the commitment of the bank’s management to turnaround its fortunes. This has been attributed to the weak […]
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Hecla Mining Company (NYSE:HL) Issues An Update Statement On Dolly Vardem Investment
Hecla Mining Company (NYSE:HL), has so far issued statement on Dolly Vardem Investment, in regard to common shares and the warrants on issuer-Dolly Varden Silver Corporation. In the update, the company indicates that on July,26, 2016, indirectly wholly-owned B.C Limited formally terminated its offer, of which was commence on the July, 8, 2016, for every […]
Government Encourages Revival of Nokia Corp (ADR) (NYSE:NOK) And Foxconn Plants In Tamil Naidu
The Tamil Naidu state government is taking measures that will facilitate the revival of Nokia Corp (ADR) (NYSE:NOK) and Foxconn’s factories in the state. Industries Minister M.C. Sampath revealed the plans during a State Legislative session on Tuesday. The minister brought up the subject as a response to DMK legislator C.V.M.P. Ezhilarasan who had previously […]
KeyCorp’s (NYSE:KEY) Acquisition of First Niagara Financial Group Inc. (NASDAQ:FNFG) Is Hit by High Merger Related Charges
At a cost of $45 billion, KeyCorp (NYSE:KEY) is just about to conquer the acquisition of First Niagara Financial Group Inc. (NASDAQ:FNFG) even as the merger-related charges threaten to rise. The related charges come during the second quarter of the company’s operations and apparently, they are almost double what the company spent acquisitions during the […]
Twitter Inc (NYSE:TWTR), Sky Sports Agree To Broadcast Premier League Updates On Twitter
Twitter Inc (NYSE:TWTR) has recently entered into an agreement with Sky Sports to officially broadcast on the social media platform, Twitter, goals and highlights from the highly anticipated Premier League Season 2016/17. The move is part of Sky Sports’ efforts to extend the availability of Premier League games and even extended highlights across all digital […]
Zynga Inc (NASDAQ:ZNGA) Launches New Version Of Words With Friends For The Classroom
Zynga Inc (NASDAQ:ZNGA) has released a new version of Words with Friends called Words With Friends EDU which is designed for school-going children. The new game includes educational features and is best suited for school children attending fourth grade to eighth grade. Words with Friends EDU is available on mobile platforms including Alphabet Inc (NASDAQ:GOOGL) […]
Weatherford International Plc (NYSE:WFT) Collaborates With International Business Machines Corp. (NYSE:IBM) On Production Optimization Solutions
Weatherford International Plc (NYSE:WFT) has announced that it signed an agreement that will allow it to team up with International Business Machines Corp. (NYSE:IBM) to create the next generation of production optimization solutions. The two firms will work together to develop new products and services that will be used by oil and gas producers to […]
Ford Motor Company (NYSE:F) Teams Up With MIT Researchers On Mobility Research Project
Ford Motor Company (NYSE:F) has teamed up with researchers from the Massachusetts Institute of Technology so that it can work on a joint project involving mobility in urban areas. The aim of the project is to research on pedestrian movement in urban areas so that it can enhance public transportation services such as point to […]
Valmie Resources (OTCMKTS:VMRI) Uses Drone Technology to Drive Its Recent Success
One stock on my radar yesterday that really had a good day trading was Valmie Resources, Inc. (OTCBB:VMRI) having gained nearly 12 percent on heavy volume before closing at $1.73 per share, which is still a nice 3 percent gain. Liquidity is very attractive to investors so they can get in and out of trades […]
Direxion To Carry Out 9 Forward and Reverse Share Splits of ETFs
Direxion is planning to execute a reverse share split and a forward share split of its leveraged exchange funds. Upon completion, the market value of all shares outstanding will not be affected. Shareholders who end up with fractional shares will be allowed to redeem the shares for cash at the Fund’s split-adjusted NAV as of […]
