According to a report in the Wall Street Journal, EBay is going to spin off PayPal. EBay Inc. said it plans to spin off its PayPal electronic-payments business into a separate publicly traded company next year, acceding to the wishes of activist investor Carl Icahn who had pushed for the company to split. This news […]
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Stocks are tumbling as pro-democracy protests grow in Hong Kong. According to USA Today Hong Kong protests are driving US stocks down, not to mention the Hong Kong market. Pro-democracy protests in Hong Kong is spooking Wall Street in early trading Monday, as U.S. stocks continued their recent run of volatility, with the Dow tumbling […]
Read More...Prior to the Alibaba IPO the five biggest IPOs of American companies listed on United States stock exchanges were as follows: VISA, March 2008, $17.9 billion Facebook, May 2012, $16 billion GM, November 2010, $15.8 billion Kraft Foods, June 2001, $8.7 billion UPS, November 1999, $5.5 billion Two large previous IPOs of Chinese companies were […]
Read More...Over the weekend two German companies announced US takeovers worth $25 Billion according to Money CNN. Two German firms snapped up U.S. competitors for $25 billion before the opening bell Monday, looking beyond record stock prices and a stronger dollar to acquire advanced technology in booming sectors. The German companies are Merck KGaA – MKGAF […]
Read More...Should you invest in Alibaba or not? If you have not been paying attention the Chinese e-commerce company, Alibaba, is going public on Friday, September 12. The initial public offering (IPO) will be on the New York Stock Exchange as the Hong Kong Stock Exchange refused to list the stock. Why is that and what […]
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The Panama Canal Expansion is back on track with completion of all phases expected in 2016. When this major construction project is finished it will more than double the cargo capacity of the century old canal. When finished the expanded Panama Canal will change shipping patterns and affect ports up and down the East Coast […]
Read More...Basics of Successful Investing IV is the last in our series. We wrote about getting your financial house in order and making some basic decisions about why you are investing and how much money you are willing to put at risk in Basics of Successful Investing I. Our advice in Basics of Successful Investing II […]
Read More...According to Movie News Guide and other sources, the FBI and Apple are investigating the Jennifer Lawrence nude photo leak. Following the leakage of nude photos of high profile female celebrities such as Kate Upton, Jennifer Lawrence, Ariana Grande among others, [the] FBI along with Apple have conducted investigations to apprehend the individuals responsible for […]
Read More...Successful investing comes from learning the basics and refining your skills with experience. In this series of articles we look at the basics of successful investing. In the first article in this series, Basics of Successful Investing I, we noted that the first thing to do is put your financial house in order and then […]
Read More...The stock market rally has been going on for five and a half years. The S&P 500 bottomed out at 683 on March 6 of 2009. This was the end of the market fall and the start of the second worst recession in 75 years. And, like in the days after the 2009 Stock Market […]
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