Posts From Richard W

Richard W

Richard W

Richard is the guy who know everything there is about the financial industry, working in a top firm for over 15 years, he will give the lowdown on some of the biggest companies in the world

HP Board Rejects Xerox’s Take Over Bid

  The shares of Xerox Holdings Corp (XRX: NYSE) declined 1.55% or $0.61 to close at $38.69 yesterday after the board of directors of HP Inc (NYSE: HPQ) collectively brushed away the acquisition bid made by the digital document products

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Alibaba’s Fintech Arm Trials Blockchain Platform

  The cryptocurrency market remains mixed with a majority of altcoins in the red. Bitcoin (BTC) is struggling to hold near $9,000. At the time of writing this article, Bitcoin was trading flat at $8,750. Ether (ETH) is trading at

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Dropbox Q3 Loss Widens, Beats Estimates

  The file-hosting service Dropbox, Inc. (Nasdaq: DBX) posted Q3 GAAP net loss that widened from last year. However, the quarterly earnings and revenue surpassed analysts’ expectations. Still, the market punished the stock, which lost $1.16 or 5.56% to close

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France Includes Chapter on Bitcoin in High School Syllabus

  The cryptocurrency market, after remaining under selling pressure for over a week, has turned slightly bullish with 19 of the top 20 altcoins in the green. Bitcoin (BTC), at the time of writing this article, has managed to gain

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AirCarbon Unveils Tokenized Carbon Credits Exchange

  aircarbonThe cryptocurrency market remains under selling pressure with a majority of top tokens in negative region. Bitcoin (BTC) continues to lose ground. The cryptocurrency has lost 2% in the past 24 hours to trade at $9,126.40. Ether (ETH) has

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3M Slashes FY19 Profit View Despite Q3 Earnings Beat

  The post-it manufacturer 3M Company (NYSE: MMM) reported fiscal 2019 third-quarter earnings that beat analysts’ estimates. The company, however, missed 3Q19 revenue estimate of analysts. The abrasives manufacturer also lowered its FY 2019 profit outlook in the middle of

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Pound Breaks Above $1.30 on Hopes of Brexit Deal

  The British pound rose to a five-and-a-half month high yesterday after the market turned optimistic about a Brexit deal with the European Union. In the meantime, the Northern Irish Democratic Unionist Party stated that it would not support any

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Goldman Q3 EPS Miss, Investment Banking Revenues Decline

  The shares of Goldman Sachs Group, Inc. (NYSE: GS) closed almost flat at 206.46 after the financial behemoth posted 3Q 2019 profit below Wall Street forecasts. The revenues, however, surpassed analysts’ expectations. Goldman Sachs also reported a 15% decline

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Hyundai Subsidiary To Setup $10mln. Blockchain Fund

  The cryptocurrency market continues to remain slightly bullish with all the top 20 altcoins in the green. Bitcoin (BTC) is inching upwards to trade at $8,565, representing a gain of 5.5% in the past 24 hours. Ether (ETH) has

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Gilead Receives FDA Approval For HIV Prevention Drug Descovy

  Gilead Sciences, Inc. (GILD) made headlines on Friday after the US Food and Drug Administration endorsed Descovy drug for minimizing the risk of sexually acquired HIV in teenagers and adults who are devoid of HIV, but are vulnerable to

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