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Latest financial news on the trading, investing, personal finance and insurance.

Evaluation of Levi’s, a Jeans Manufacturer, During the IPO Reaches $6.6 Billion

MAR 26, 2019 The owner of Levi’s began trading on the New York Stock Exchange on March 21 under the LEVI ticker. Before the IPO began, CNBC sources talked about a possible valuation of the Company at $5 billion....

Boeing shares continue to fall against the background of the suspention on flying of 737 Max

MAR 14, 2019 Boeing's shares at the opening of trading on the New York Stock Exchange fell by more than 11% to $371.27 per share against the background of crashing the Boeing 737 Max 8 in Ethiopia....

Square Payment Service Lost $28 Million for the Quarter

MAR 1, 2019 The quarterly loss of Square, an American financial and technological company, increased by 78%. The shares began to fall in price. Investors are disappointed in the Company’s prospects....

Buffett Increased His Stake in Banks and Reduced His Share in Apple

FEB 18, 2019 Legendary Warren Buffett, the Head of Berkshire Hathaway Investment Holding, took advantage of the fall in bank shares to further increase his stake on the financial sector while reducing the giant stake in Apple....

Reddit Raised $300 Million and Reached a Valuation of $3 Billion

FEB 12, 2019 Reddit, a social service, closed a round of investment in amount of $300 million and reached a valuation of $3 billion...

Gold Continues to Fall in Price on the USD Strengthening

FEB 11, 2019 The price of gold falls on Friday in the morning; this trend lasts for six trading sessions in a row against the background of the continuing the USD strengthening against most world currencies, according to the data of trades and analysts’ comments....

The Largest Banking Transaction for the Last 10 Years Is Being Prepared in the USA

FEB 8, 2019 BB&T, an American financial company, and SunTrustBanks, an American banking holding, will be merged by creating the sixth largest banking holding company in the country, as it is reported in BB&T’s release....

Alphabet Completed 4th Quarter with Net Profit

FEB 6, 2019 Alphabet Inc., an American Holding Company owned by Google, made a net profit and revenue in the fourth quarter of 2018 above expectations, but its shares fell down....

Panasonic Net Profit for 9 months Decreased by 13%

FEB 5, 2019 The Net Income of Panasonic Corporation, one of the world’s largest manufacturers of household appliances and electronics, attributable to shareholders, for the first three quarters of 2018-2019 financial year (which completed on December 31) decreased ...

Sony Shares Fell Down by 8.2% in a Day After Reporting

FEB 4, 2019 Sony Corporation Shares experienced the most significant drop today – by 8.9% – in trading in Tokyo over the past three and a half years, amid a general increase in the Nikkei index, as Reuters reports....