Disney decided against buying Twitter recently partly due to concerns that the hate speech that’s rampant on the social network would undermine Disney’s (NYSE:DIS) family friendly image, Bloomberg reports. Another reason is that although Twitter […]
IBM’s earnings fell in Q3 but topped estimates as EPS was $3.29, net profit sank 4% to $2.9B and revenue slipped 0.4% to $19.2B. On the upside, revenue from areas that IBM (NYSE:IBM) calls “strategic […]
U.K. CPI reached its highest level in almost two years in September, rising to +1% on year from +0.6% in August and topping consensus of 0.9%. The U.K.’s Office of National Statistics says it hasn’t […]
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 […]
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