News

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

Global Payments and Total System Services Merged

MAY 29, 2019 Global Payments and Total Systems Services, US payment services, concluded a merger agreement. It is planned to close the deal in the fourth quarter of 2019....

Etrade Launches Cryptocurrency Trading

MAY 3, 2019 Etrade Financial Group, a brokerage firm, plans to provide customers with the opportunity to trade cryptocurrency on its platform....

Dow Jones and Nasdaq Fell Down, but S&P 500 Is Quietly Steady

APR 12, 2019 S&P 500 completed Thursday’s trading session without changes, as increase of worries about the global economic slowdown outweighed good economic data, while investors were waiting for start of the active phase of the reporting season....

Ranking of the Most Profitable Companies in 2018

APR 2, 2019 Rating agency FitchRatings published a ranking of the most profitable companies in the world. SaudiAramco, a national oil company of Saudi Arabia, became the most profitable company in the world in 2018....

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....