Month: April 2019

Crude can’t crank higher unless it stays above the key $60 level, says expert technician Louise Yamada. Tightening global supplies have proved bullish for the commodity this year, with U.S. West Texas Intermediate crude prices currently hovering near five-month highs. But the upward action has also been quite volatile, as economic and geopolitical factors have
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Check out the companies making headlines midday Friday: Wells Fargo — The beleaguered bank’s stock dropped more than 2% after CFO John Shrewsberry warned of a net interest income fall that could range between 2% and 5%. Shrewsberry’s warning overshadowed better-than-expected earnings. J.P. Morgan Chase — Shares of J.P. Morgan Chase rose 4% after the
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In the news making headlines in the cryptocurrency industry, Harvard University Endowment has made an investment in the crypto token sale of Blockstack. Blockstack Offering 95.83 million Crypto Tokens A filing made with the US Securities Exchange Commission listed designees affiliated to the Havard Management Company including Charlie Saravia, Rodolfo Gonzalez, and Zavain Dar who
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Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here. The rally last week in cryptocurrency prices sent tremors of excitement through the mainstream press
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KISS band members Peter Criss (left), Gene Simmons (top), Ace Frehley (right) and Paul Stanley (bottom). (Fin Costello/Redferns) Getty There’s no disguising this. KISS drummer Peter Criss needed an escape from his intense Rock-n-Roll fame. He found it in this enchanting Greenwich, Connecticut manor—a storybook chill estate where he could play with his dog, drums
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Ollie’s Bargain Outlet is one-third of the way to opening 950 locations after opening three Tennessee stores on Wednesday, CEO Mark Butler told CNBC. The discount retailer is also eyeing new establishments in Oklahoma and Massachusetts, which would expand the chain to 25 states across the country, he said. Ollie’s store count currently stands at
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A Beijing district court ruled Wednesday that a blog operator must apologize and pay more than 200,000 yuan ($29,851) to real estate developer Soho China for reputational damage. That’s after a blog run by the operator, Zhuhai Shengun Network Technology, claimed that one of the developer’s properties brought bad luck to its tenants due to
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In the week ended April 11, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, was unchanged from 3.88% the previous week. The Bond Buyer’s 20-Bond GO Index of 20-year general obligation yields lowered three basis points to 3.85% from 3.88% the week
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Check out the companies making headlines after the bell: Shares of Boeing ticked higher in extended trading Thursday on news that the aircraft-maker completed 96 flights testing performance of the 737 Max with updated software. The company is working to fix the aircraft’s MCAS flight control software and improve pilot training, according to Boeing CEO
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Check out the companies making headlines after the bell: Shares of Bed Bath & Beyond initially jumped before reversing to trade 6% lower after hours Wednesday following the release of the retailer’s mixed fourth quarter earnings. Bed Bath & Beyond posted earnings per share of $1.20 on revenue of $3.31 billion. Wall Street projected earnings
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