Snapchat finally turning the corner?

Unlike a Snapchat picture, the company may not be disappearing Snapchat (SNAP) has been heavily scrutinized since it had its IPO in March 2017, just over a year ago. Since then, its shares have fallen 57% and have seen no signs of coming back up. However, this week, shares are back up 8%. This sudden […]
  • Ben Norman
  • June 4, 2018
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Bank of America Prepares Dublin as Brexit Backup Plan

Bank of America has decided to pick Dublin as its new base for its European Union operations amidst Britain’s Brexit preparations to leave the union. This is the first Wall street lender to pick Dublin, which is a prime location for a smaller location shift while still remaining within an E.U. sphere. International banks are […]
  • Cedric Brenninkmeijer
  • July 22, 2017
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Netflix Subscribers Surpass Target

Netflix Inc. has surpassed the expectations of Wall Street for its second quarter by adding 5.2 million new streaming customers. Netflix predicts further continued growth due to the momentum generated by foreign subscriptions, which overcame U.S. subscribers. As a result of its customer base growth, Netflix shares have increased by 10.4 percent on Monday. Regarding […]
  • Cedric Brenninkmeijer
  • July 19, 2017
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Amazon Sparks Antitrust Concerns

Amazon Inc. has recently agreed to buy Whole Foods Market Inc. for $13.7 billion as part of their expansion plans. Amazon’s sustained major growth is raising concerns with Wall Street and Washington regarding antitrust policy. Lawmakers are cautious but wish to investigate the potential ramifications this business deal will have on customers. One U.S. lawmaker, […]
  • Cedric Brenninkmeijer
  • July 18, 2017
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Politics or “Just Business”: Qatar Airways Seeks to Invest in American Airlines

Qatar Airways has made an offer to buy a 10 percent stake in American Airlines despite the current Middle East dispute. American Airlines reported that the bid was unsolicited, however, the CEOs of both companies have spoken. Qatar submitted a filing under the Hart-Scott-Rodino Act, which will be reviewed by the Department of Justice’s antitrust […]
  • Cedric Brenninkmeijer
  • June 24, 2017
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Dollar Slips Against Yen After Trump’s Policies

President Trump’s  executive order to curb immigration into the U.S. spread concern on the impact the administration could have on global trade and the economy. On Monday, major world equity markets fell and the dollar fell below the yen. After the executive order came down on Friday, stocks on Wall Street experienced their worst day of […]
  • Anahit Moumjian
  • January 31, 2017
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Gap Inc. is Becoming Old Navy’s Little Sister

As sales fall at the Gap Inc. retailer store and its other sister companies, one seems to be reaching all time highs: Old Navy. On Thursday May 21, the Gap Inc. first quarter sales showed a 5 percent drop in sales for the fiscal year. Usually the brand increases around 4 percent per year, this […]
  • Priscilla Manzo​
  • May 24, 2015
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Wallets Are Happy with the Drop in Oil Prices

Over the last four month, the rate of the U.S. Dollar was at a slump. But as of now, the situation seems to be a bit more refulgent. The U.S. Dollar has climbed the ladder, but, a change of this kind has caused a ripple effect towards every other aspect of the market. Apple’s share […]
  • Leanne Coelho
  • May 19, 2015
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LinkedIn Down in Shares

LinkedIn shares are down after the introduction of its lowered guidance. A 19 percent decrease in the first quarter. The company earned 57 cents per share and made a revenue of $638 million for the first quarter of 2015 reported on Thursday April 30. Yet, the company met its projected earnings as Thomson Reuters had […]
  • Priscilla Manzo​
  • May 4, 2015
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