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What restrictions are introduced by the EU for Forex brokers in 2018?
The introduction of the MiFID II and its effect from the beginning of this year imposes some restrictions on Forex brokers of 2018 especially Top Forex brokers that depends on IB’s for marketing to EU and UK Forex traders. The significant... More of this article »
How health companies are responding to the opioid epidemic
Over a hundred people a day die from opioid overdoses. Prescription opioids are some of the most commonly prescribed medications for acute and chronic pain. Unfortunately, they have a tendency to be addictive and lead to damaging... More of this article »
NFL Power Rankings: Summer Edition
It’s that time of the year when no NFL team feels over-matched by an opponent. It’s that time of the year when head coaches feel they have the most talented roster in the league. It’s that time of the year when... More of this article »
How to Trade on Forex – 8 Steps for Beginners
Forex is a decentralized universal market where all the world’s currencies trade. Each day multinational banks, investment companies, big corporations and retail traders buy and sell currencies on the foreign exchange to facilitate... More of this article »
Electronics Giant Best Buy Pulls Out of Europe
Troubled electronics retailer Best Buy has decided to pull the plug on Europe. After only five years in Europe, the company will sell its stake in its joint venture with Carphone Warehouse for close to $775 million in stock and cash. Best... More of this article »
Chrysler’s Quarterly Earnings Plunge due to Model Changes
Chrysler Groups announced its earnings for the first quarter were $166 million, which was down over 65%. Revenue was $15.4 billion, which was down 6%. Chrysler announced that the first quarter was affected negatively by reduced shipments... More of this article »
Profits up, Revenue down for Burger King
Burger King Worldwide on Friday announced that its first quarter profit more than doubled because of less expenses, which helped to offset negative sales in their same-stores and revenue that was lower. The company went public back... More of this article »
Earnings for Southwest Exceed Wall Street Expectations
Southwest Airlines earned more during the first quarter than what analysts from Wall Street had estimated, but officials from the airline said the federal budget cuts could hurt revenue for the airline going forward. An airfare increase... More of this article »
Sprint Loses Subscribers put posts Numbers Better than Estimates
The third largest wireless carrier in the United States, Sprint Nextel Corp reported a narrower first quarter loss than was expected. This came even though Sprint lost over 560,000 contract subscribers. The loss was $0.21 cents per... More of this article »
Earnings for Caterpillar Drop as Mining Orders Shrink
Caterpillar, Inc. the largest maker of construction and mining equipment in the world reported its sales and earnings for the first quarter on Monday. The company’s results fell short of estimates by Wall Street, as orders slowed... More of this article »
AB InBev and Grupo Modelo Reach Accord with Justice Department
The Department of Justice in the U.S. announced this week that it had reached a settlement with Grupo Modelo and Anheuser-Busch InBev over a merger between the two companies. The deal is worth an estimated $20 billion. The DOJ approval... More of this article »
Jobless Claims Increase to 352,000
The latest unemployment claims report showed the initial jobless claims to go up while continued unemployment claims dropped. Initial claims were below the 400K level. Seasonally adjusted initial unemployment claims went up 4,000 to... More of this article »
Profits increase at GE for 2013 First Quarter
General Electric, the largest industrial conglomerate by market capitalization in the U.S. announced its profits had increased by 14% during the first quarter of 2013. That increase was obtained even though the company’s results... More of this article »
Shares drop as Nokia Earnings Miss
Sales for basic phones dropped considerably for Nokia during the first three months of 2013, which helped to overshadow the positive performance of its Lumia smartphone line. The Finland-based company said its operating margins would... More of this article »
Reimann Family Investment firm acquires another Coffee Business
Joh A. Benckiser, the investment firm based in Germany, took over its third coffee business in less than 12 months. The Reimann family investment arm agreed to pay $9.8 billion for D.E. Master Blenders. Based in Amsterdam and well... More of this article »
Nissan, Honda and Toyota Announce Huge Recall
On Thursday, the big three carmakers of Japan announced that a recall of more than 3 million vehicles will take place around the world because of defects the air bag system has on the passenger side of the vehicles. Takata Corp, a... More of this article »
Family Dollar Stores release latest Financial Data
On Wednesday, Family Dollar Stores released first quarter earnings information. The company said it earned $1.21 per share for the first three months of 2013, which missed the estimate of Wall Street analysts that was $1.22 a share. The... More of this article »
Global Car Sales: Ford Has Top Selling Car
Small cars across the globe equal big sales for U.S. automakers. The Ford Focus was announced as the clear-cut winner, as the top seller for global sales, easily taking the top spot against the second place finisher the Toyota Corolla.... More of this article »
Anheuser-Busch reaches agreement with DOJ
The U.S. Department of Justice and Anheuser-Busch InBev said on Friday they had reached an agreement in principle to settle the beer fight that has been long running. The two asked a court for an extension in the current stay in their... More of this article »
Best Buy to install Mini Samsung Shops
Samsung, the electronics giant, based in South Korea will ratchet up its competition with archrival Apple Inc, by having its own mini-store with Samsung staff inside Best Buy stores in the U.S. The idea said Samsung, is to highlight... More of this article »
Huawei Looks to Asia and Europe for Growth, not U.S.
Huawei, the second largest gear maker for telecommunications in the world, trailing only Ericsson, has announced its 2013 growth in the United States would be hindered due to security concerns that exist there. However, the China-based... More of this article »
ADP Report Shows increase of 158,000 Jobs for March
Companies in the U.S. hired fewer workers than had been projected for March due to limited construction hiring according to the private report from ADP based on the country’s payrolls. The increase in jobs was 158,000 making it the... More of this article »
Justice Department Settles Online Pharmacy Probe with UPS
The U.S. Justice Department announced it had reached an agreement for $40 million Friday to settle charges against UPS that the giant shipping company had done business with Internet pharmacies that were illegal. U.S. officials agreed... More of this article »
Five Month High in U.S. Consumer Spending
In February, U.S. consumer spending climbed by more than at any time in the past five months, due to salary increases signaling a job market improvement is helping to increase demand. Purchase in household, which are nearly 70% of... More of this article »
Mobile Device Ads Boost Twitter Ad Revenue
Twitter will reach close to $1 billion in revenue from advertising in 2014 thanks to a huge surge in advertising on mobile devices, according to new reports that were released late Wednesday. Mobile ads, said the report, will account... More of this article »
Dell Computer Receives more Bids for Takeover
Dell Inc, once the largest personal computer maker in the world, has received two more takeover bids that could be better than the original one received by Dell’s founder Michael Dell last month. The two bids that will compete with... More of this article »
Darden’s Restaurants Profits Drop but beat Wall Street
Profits for the third quarter at Darden’s were down by 18%, as lower sales at Red Lobster hurt earnings. However, the restaurant chain still beat Wall Street estimates. The Orlando, Florida based company said last week that sales... More of this article »
Nike Stock Jumps on Earnings Report
The largest maker of sporting goods in the world, Nike, Inc saw its stock price jump the most in more than 48 months on Friday. The increase was due to investor’s concerns easing over the company profitability and business in China... More of this article »
HTC Delays Release of Latest Smartphone
HTC, the Taiwan based smartphone maker, has delayed the release of its latest smartphone due to a sourcing problem with components. With the HTC One now not launching on time, additional pressure is being place on CEO Peter Chou to... More of this article »
Mexico Supreme Court Rules against Apple
The Mexico Supreme Court ruled in favor of a technology services firm upholding a lower court ruling that said the company owns the brand name Ifone and has the right to use it in the country. The small company now hopes to receive... More of this article »
Fiscal Policy Worries Hit Consumer Sentiment
In the first part of March, consumer sentiment plunged to its lowest point since December of 2011. Experts believe the consumers dissatisfaction with the economic policies of the government and fewer people expect improvements to be... More of this article »
VW Targets 60% increase in China Production by 2018
Europe’s largest automaker, Volkswagen AG, announced on Thursday its plans to increase its production of vehicles in China by over 60% in the next five years. The Germany automobile giant last year saw its earnings in China increase... More of this article »
Samsung Spends Much More in Advertising than its Competitors
New data just released this week shows that Samsung spent more than $400 million on billboard, internet, television and print advertising in 2012. The electronics giant, based in South Korea, passed both Apple its biggest rival and... More of this article »
Apple’s iPhone Increased U.S. Market Share
Apple is on the way up in the U.S., while Blackberry, Windows and Samsung are headed down. Apple led the way for smartphone sales in the U.S. during a three-month period from November of last year through the end of January of this... More of this article »
Google: More Jobs Cuts for Motorola Mobility
Google, the Internet search giant has announced that its unprofitable Motorola Mobility unit continues to struggle in its attempt to compete with the world’s smartphone makers. Google said that up to 1,200 jobs would be cut from... More of this article »
Over 236,000 Jobs Added in U.S. during February
Hiring during February increased in the U.S. to the tune of 236,000 new jobs that helped lower the unemployment rate to just 7.7% from the previous month’s 7.9%. Many analysts said that the surge in hiring was an indication that... More of this article »
European Auto Market to be weak for Years to Come
Sales of new cars in Europe will remain weak for up to another 60 months at minimum said executives in the industry on Tuesday. The auto executives said due to the implementation of austerity programs in the region car buyers would... More of this article »
Manufacturing Data Helps Dollar and Wall Street
While the euro was down to a two month low and equity markets worldwide dropped on weak information out of Europe and China, Wall Street was able to rebound on strong news from U.S. manufacturing and a jump in consumer sentiment. The... More of this article »
MasterPass unveiled in Barcelona by MasterCard
At the Barcelona Mobile World Congress on Monday, MasterCard announced its entrance into the mobile payment market. The new unveiling has been awaited for some time and MasterPass was finally made public for the first time today. The... More of this article »
Sequester Deadline Worrisome for Businesses
Only five days remain before the deadline for the White House and Congress to reach an agreement avoiding cuts across the board totally $85 billion divided between domestic programs and defense. The Congressional Budget Office announced... More of this article »
Profit Down at Hewlett Packard but Stock Increases
The quarterly revenue and profit at Hewlett-Packard continued its familiar trajectory downward on Thursday, but the earnings report sent the company stock in the opposite direction: up. The net income for the tech company based in... More of this article »
Office Depot negotiating with OfficeMax over Merger
Office Depot, Inc is in merger talks with OfficeMax said people who are close to the situation. The two paper, pen and other office accessories retailers are trying to find a way to fend off the tough competition that rivals such as... More of this article »
European Shares Lower thanks to Carlsberg
Denmark’s Carlsberg A/S, the owner of the biggest brewer in Russia scrapped its goal of medium term profitability amid higher costs for brewing beer and expenses for changes made in logistics and product buying. The target set in... More of this article »
Heinz Acquisition Being Investigated for Stock Trades
Regulators from the U.S. Securities and Exchange Commission have started a formal inquiry into unusual stock trades they said took place prior to the deal to purchase the food company H.J. Heinz. Those trades have raised some questions... More of this article »
Blackberry Dealt Blow by Home Depot
Canadian smartphone maker Blackberry, which is currently changing its legal name from Research In Motion, received bad news from Home Depot on Monday. The huge U.S. home improvement retailer announced it would replace Blackberry smartphones... More of this article »
Sony Posts another Quarterly Loss
Sony Corp, the Tokyo based electronics firm announced on Thursday that it had a loss for the latest quarter, which underscored the deep problems the company is facing. The report on earnings deflated the recent optimism that was reflected... More of this article »
Zynga Reports Losses Lower than Wall Street Estimates
The online game company, Zynga said late Tuesday that it narrowed its losses for the fourth quarter, even though revenue remained flat. The company was able to reduce its loss from the same period a year ago because it closed offices,... More of this article »
Pharmaceuticals Give Large Sums of Money to Physicians
Most patients are unaware that different pharmaceutical companies give doctors thousands of dollars for each patient that they enrol in experimental drug trials. Even though the motive’s of the doctor’s may be pure and the medications... More of this article »