Stock

Bitcoin Slides Again As Banks Curb Buying
Bitcoin Slides Again As Banks Curb Buying
February 05, 2018  |  Bitcoin

And the hits keep coming … to bitcoin’s price. The cryptocurrency’s value was down more than 7 percent on Monday (Feb. 5) to roughly $7,600,...

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Wells Shares Nosedive As Profit Forecasts Fall
Wells Shares Nosedive As Profit Forecasts Fall
February 05, 2018  |  Bank Regulation

Shares of Wells Fargo skidded Monday (Feb. 5) in the wake of news that the Federal Reserve is taking action against the bank for the...

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eBay/PayPal: What Everyone Missed
eBay/PayPal: What Everyone Missed
February 05, 2018  |  Digital Payments

The year was 1999. eBay, then four years old, bought payments provider Billpoint to improve the payments experience on its site. When eBay first launched...

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Ant Financial Stake Helps Alibaba Beat The Street
Ant Financial Stake Helps Alibaba Beat The Street
February 02, 2018  |  Investments

Alibaba, China’s leading eCommerce player, announced a 56 percent increase in earnings during its third quarter and revealed it’s acquiring a 33 percent stake in...

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Chase Beats, Wells Fargo Doesn’t Meet (Earnings)
Chase Beats, Wells Fargo Doesn’t Meet (Earnings)
January 12, 2018  |  Earnings

The kickoff to earnings season usually has two firms reporting on the same day — JPMorgan and Wells Fargo — and the stories diverge wildly even though...

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Bitcoin Tanks, Capping Volatile Trading Week
Bitcoin Tanks, Capping Volatile Trading Week
December 22, 2017  |  Bitcoin

Bitcoin’s value plunged at the end of a volatile cryptocurrency trading week, with the price falling under $11,000 for a brief time, currently off 44...

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LendingClub Shares Hit Record Low
LendingClub Shares Hit Record Low
December 08, 2017  |  News

LendingClub, the online lender, saw its stock tank Thursday (Dec. 7) after raising its loss estimate and slashing its revenue forecast for the current fourth...

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As Bitcoin Bubbles, Cassandra’s Chorus
As Bitcoin Bubbles, Cassandra’s Chorus
December 01, 2017  |  Bitcoin

What do you get when a group of esteemed observers and participants in the financial system — among them Nobel laureates and billionaires and not a...

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Gap’s Turnaround Effort Shows Some Signs Of Success
Gap’s Turnaround Effort Shows Some Signs Of Success
November 17, 2017  |  Earnings

It’s probably a bit premature to say that the Gap is back, but its latest earnings results give at least some indication that signs of...

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