Netflix’s shares soared 19% premarket after Q3 earnings at the online video provider topped forecasts. EPS came in at $0.12, profit rose to $51.5M from $29.4M and revenue jumped 32% to $2.3B. Netflix (NASDAQ:NFLX) added […]
Investors are increasingly defecting from actively managed funds to passive funds, partly because of performance, transparency and lower costs. The shift means investors give up the chance to beat the market, and the resulting lack […]
Charles Scharf is stepping down as Visa’s CEO, saying he needs to be near family in New York. San Francisco-based Visa has appointed board member Alfred Kelly, a former president of American Express, to replace […]
A 3.1% decrease in the value of negative-yielding bonds globally puts the metric on track this month to reach last December’s 14% decline, Bloomberg data show. Friday’s jump in 30-year Treasury yields, which followed Federal […]
A 100-basis-point increase in interest rates could result in a $1.1 trillion loss for bondholders, according to a Goldman Sachs Group analysis. “We see potential for the rates market to continue to sell off, and […]
A decline of the Federal Reserve Bank of New York’s manufacturing survey this month has driven down the 10-year Treasury yield, making an interest-rate increase less likely this year. “A year out, yields will be […]
Fund managers raised the cash portion of their portfolios to 5.8% in October, up from 5.5% in September. Investors could be worried about such things as the EU breaking up or bonds crashing, says Michael […]
Apple’s iOS 10 update has led to Apple News publishers including The Guardian and The Atlantic seeing a boost in traffic, but not an equivalent spike in ad revenue, as traffic is directed to the […]
Tesla Motors (NASDAQ:TSLA) announces it will collaborate with Panasonic (OTCPK:PCRFY, OTCPK:PCRFF) on manufacturing photovoltaic cells and modules from a production site in Buffalo. The company plans to use the cells for a solar energy system […]
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