Dallas, Texas 05/014/2014 (FINANCIALSTRENDS) –Corning Incorporated (NYSE:GLW) announced on 29th April dividend payout to its shareholders for the quarter. The Board of Directors of Corning Incorporated led by its Chairman of the Board Wendell P. Weeks who is also its Chief Executive announced that it would be paying 10...
Fitbit Inc (NYSE:FIT) recently announced the global launch of its latest wearable Fitbit Charge 3. Its initial restricted launch generated a huge response. Some of the unique features of this latest product from the world’s leading brand of wearable include a bigger touchscreen display, swimproof design, and expanded space...
Infosys Ltd (NSE:INFY) surprised the market by posting 3.2% dollar revenue growth in Q2 2018 in September. It is the fastest growth in order by the second-largest technology (IT) services company in India in a year or more. The Q2 revenue of Infosys rose by 4.2% from the previous...
AGNC Investment Corp (NASDAQ:AGNC) is a real estate investment trust which is rather keen on investing in residential mortgage-backed securities .The business today unveiled financial results for the 2018 second quarter. Reports indicate that this company’s interest rates rose modestly.
A close outlook
That implies that its yield curve flattened further. This...
Cleveland-Cliffs Inc. (NYSE:CLF) and the United Steelworkers (USW) have penned a new 4-year labor contract. The contract is effective as of October 1, 2018. The agreement whose details remain unknown will protect close to 1,800 employees located at Cliffs' Tilden and Empire mines in Michigan. It will also cover...
Dallas, Texas 04/03/2014 (FINANCIALSTRENDS) – Crawling yields in Spain and the likelihood of Greece leaving the euro zone after the succeeding cycle of races have added to the billow of doubt approaching over the obligation troubled coin coalition. Shockingly, hopefulness won on Tuesday as speculators concentrated on boost trusts...
Dallas, Texas 08/18/2014 (FINANCIALSTRENDS) – George Soros, the billionaire hedge fund investor, whose every stake holds promise to retail investor now hold predominant stake in SPDR S&P 500 ETF Trust (NYSEARCA:SPY). Therefore, analysts believe the large position held by the family fund managing Soros Fund Management, is a precursor...
Dallas, Texas 05/014/2014 (FINANCIALSTRENDS) –Prospect Capital Corporation (NASDAQ:PSEC)’s price target was lowered to $11 by equities research analysts at Keefe; Bruyette & Woods form their previously announced target of $11.75. Among other analysts who also commented on this stock include, analysts at Guggenheim who upgraded the stock to a...
A Seattle-based trucking company, Convoy, has raised $185 million in a round led by CapitalG, the growth equity arm of Google (Nasdaq: GOOGL) parent Alphabet. David Lawee of CapitalG is joining the company's board of directors. The investment was announced Sept 28, 2018.
Convoy is bringing technology into the transportation sector in...
Gold stocks managed to buck the trend with Vista Gold (NYSE: VGZ) rising 3.48%, or $0.01, to close at $0.2974, showing a continuing upward trend. Eldorado Gold (USA) (NYSE: EGO) closed up $0.10, or 3.44%, to finish the trading session at $3.01. US-based gold exploration company, Walker Lane Exploration...