News

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....

Intel Found a New CEO After Seven Months of Searching

FEB 3, 2019 58 year old Bob Swan become a new CEO of Intel, the microprocessor manufacturer announced. Swan worked as the CFO since 2016, and he worked as the CEO since June 2018....

Tesla Made a Loss of a Billion Dollars and Dismissed its CFO

FEB 1, 2019 Tesla published a report on the results of the 4th quarter and the whole 2018. During the quarter, the company earned a profit of $139 million and unprecedented revenue of $7.2 billion....

Fidelity Will Launch a Cryptocurrency Storage Service

JAN 31, 2019 The start of the cryptocurrency storage service from Fidelity Investments, which assets under management amount to $2.5 trillion, may take place in March, CoinDesk reports. According to sources, the system of the division of Fidelity Digital Asset Service...

Nissan Is Being Investigated in the USA

JAN 30, 2019 The US Securities and Exchange Commission (SEC) is conducting an investigation of Nissan, the Japanese motor manufacturer, concerning payments to the Company’s managers....

S&P 500 and Nasdaq Was Up, and Dow Declined Due to Concern About Trade

JAN 29, 2019 The S&P 500 and Nasdaq indexes closed Thursday’s trade in the positive territory, while the Dow slightly declined, as continuing concerns about a slowdown in the global economy and trade contradictions between the US and China have negated optimism abou...

The British Pound Reached a Peak for 11 Weeks

JAN 28, 2019 The British pound reached a peak of 11 weeks on Friday after The Sun reported that the Democratic Unionist Party of Northern Ireland decided to support the Brexit plan proposed by Theresa May next week....