3 August, 2017 by The TZ Newswire Staff Comments Off on General Communication Suffers a Sales Slump
General Communication Suffers a Sales Slump
Alaskan telecommunications company General Communication (NASDAQ: GNCMA) reported its second-quarter results after the market closed on August 2. Revenue and net income slumped, with the company blaming the recession in Alaska for weakness across most of its segments. General Communication expects its merger transaction with Liberty Ventures Group to close by the end of this year, assuming regulatory approval. Here’s what investors need to know about General Communication’s second-quarter report.
Metric
Q2 2017
3 August, 2017 by The TZ Newswire Staff Comments Off on PayPal Has Plenty of Dancing Partners and Investors Should Be Thrilled
PayPal Has Plenty of Dancing Partners and Investors Should Be Thrilled
Investors have come to expect consistent growth from PayPal Holdings Inc (NASDAQ: PYPL) and it did not disappoint when it recently reported its third quarter results. Not only did the company surpass analyst expectations and raise guidance for the remainder of the year, it also crossed a couple of major company milestones for good measure.
3 August, 2017 by The TZ Newswire Staff Comments Off on Foxconn deals around the world haven’t materialized
Foxconn deals around the world haven’t materialized
From Brazil to Pennsylvania, Indonesia and India, local governments have announced large investments by manufacturing company Foxconn. But a number of them have yet to happen.
3 August, 2017 by The TZ Newswire Staff Comments Off on If the bounce in USD/CAD falls flat, it could mean a world of hurt
If the bounce in USD/CAD falls flat, it could mean a world of hurt
Today’s bounce in USD/CAD has fallen flat
You can usually guess how far a market will fall based on how high the bounces are.
USD/CAD took a swan dive to 1.24 from 1.38 in May but the bounce looks like it could be snuffed out at 1.26. That’s the dead-cat variety of bounce and means the USD/CAD bears
3 August, 2017 by The TZ Newswire Staff Comments Off on Singapore’s biggest bank says its profit rose 8.5% on strong loan growth
Singapore’s biggest bank says its profit rose 8.5% on strong loan growth
DBS Group Holdings, Singapore’s biggest lender, reported an 8.5 percent increase in quarterly profit that came in line with market expectations.
3 August, 2017 by The TZ Newswire Staff Comments Off on Trump’s WV rally has concluded – no big announcements to impact FX
Trump’s WV rally has concluded – no big announcements to impact FX
US President Trump has concluded his rally in West Virginia
Although a big announcement was expected there has been nothing much to impact financial markets. At the rally, West Virginia’s Democratic governor, Jim Justice, announced he planned to switch his party affiliation to the Republican party. If this was the big announcement it was pre-empted in the media hours
3 August, 2017 by The TZ Newswire Staff Comments Off on Asia markets mixed in early trade after report on Russia investigation spooks US investors
Asia markets mixed in early trade after report on Russia investigation spooks US investors
Markets in Japan and Australia fell in early trade, while South Korean shares saw gains.