Posts From Janine

Janine

Janine

Janine is our editor for related stock market news. Andrew and Janine will be focusing on providing the latest trends and where the next hit could be

Twitter Turns Bearish On Citron’s ‘Short’ Call

  The stock of Twitter Inc. (NYSE: TWTR) plunged 12% on Tuesday after Andrew Left, a well known short-seller, announced that he is shorting the social media company. Ironically, Left, who is with Citron Research, announced his decision through a

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Nike Signals Downtrend On Rising Competition In N.America

  The world’s largest athletic shoes and apparel maker Nike Inc. (NASDAQ: NKE) reported better than anticipated fiscal 2018 third-quarter results last Thursday evening. Following the results, the stock has gained about 5% to trade at $65 levels. Despite good

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Facebook Plunges On Reports Of User Data Breach

  Not so long ago Facebook, Inc. (NASDAQ: FB)  was at the centre of a controversy. The social media giant was accused of turning a blind eye to the activities of Russian trolls and bots during the US Presidential election.

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Boeing Turns Weak On Trump’s Import Tariff Plan

  US stocks broadly fell yesterday, following the resignation of Gary Cohn, the economic adviser to President Donald Trump. Cohn, a former top executive at Goldman Sachs, was opposed to the idea of slapping tariffs on steel and aluminium imports.

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Intel Turns Bearish On Lawsuits Over Chip Flaws

  Earlier in January, the stock of semiconductor chip manufacturer Intel Corporation (NASDAQ: INTC) fell sharply, following the news that revealed that security researchers at Google’s Project Zero have identified severe flaws in processor chips, which form the core of

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Citi Expects Investment Banking Division Growth In FY18

  Following a near 2,000 point fall in the Dow Jones in the past ten days, the stock of Citigroup Inc. (NYSE: C) fell from the 12-month high of $80.70 to a low of $70.99. At 1.28x the book value,

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UBS Swings To Loss On CHF 2.865 billion Tax Charge

  Swiss banking group UBS Group AG (NYSE: UBS) reported a swing to a net loss in the fourth-quarter of 2017, compared to a net profit in the similar period last year. Due to the new US tax laws, the

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BlackBerry Up On Multiple Partnership Agreements

  The stock of Blackberry Ltd (NYSE: BB) has gained about 30%n the past two weeks to trade at about $14. The rally began after the company reported third-quarter results that beat analysts’ estimates. The uptrend was also fuelled by

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Netflix Rallies on Rumours Of Buyout By Apple

  The stock of streaming video provider Netflix, Inc. (NASDAQ: NFLX) has gained nearly $14 in the past two trading sessions. The stock was upgraded to “Outperform”, from “Neutral” by Macquarie. The investment research firm also raised the price target

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Vetr Upgrades Micron to “Strong-Buy” Rating

  Following a gloomy report on semiconductor prices by Morgan Stanley, the stock of NAND and DRAM memory chip manufacturer Micron Technology, Inc. (NASDAQ: MU) fell by about 10% last week to close at $42 levels. Three analysts at Morgan

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