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Showing posts with label 2017 at 06:37PM. Show all posts
Showing posts with label 2017 at 06:37PM. Show all posts

Thursday, June 15, 2017

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@FT on Twitter
@FT: The bailout is a third international rescue effort since the country plunged into economic turmoil in 2010 on.ft.com/2sD6JGG
@FT on Twitter
@FT: Eurozone closes in on deal to unblock Greek bailout on.ft.com/2sCn5PS
@FinancialTimes on Twitter
@FinancialTimes: Eurozone closes in on deal to unblock Greek bailout on.ft.com/2sCn4LO
@EUwatchers on Twitter
@EUwatchers: Eurozone closes in on deal to unblock Greek bailout http://ift.tt/2sDb2Sk; via @ftbrussels http://pic.twitter.com/okSXfbSL0x
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Sunday, June 11, 2017

Meet the next generation of fintech startups set to revolutionise the world of finance

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From time travel to big data, the WIRED Money startup stage welcomed some of the fastest growing fintech companies in the industry who are …

June 11, 2017 at 06:27PM

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3 Start ups to Advance to the Seedstars National Finals

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The top three startups from West Cape that advance to the grand finale are EMG Technologies which solves a critical problem for medical …

June 11, 2017 at 06:27PM

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How can tech startups succeed in Michigan? Look to Blue Medora

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Its founders and investors say it is a textbook example of how Michigan’s high-tech startup ecosystem can work. Blue Medora makes software that …

June 11, 2017 at 06:27PM

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Monday, June 5, 2017

Fly Charts: Transportation as an Expletive and Global Money Printing – Bloomberg

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Bloomberg
Fly Charts: Transportation as an Expletive and Global Money Printing
Bloomberg
Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From rare good news in the oil patch to massive money printing, here are four charts that tell you what you need to know in business today. Digital Divide …

and more »

June 05, 2017 at 06:35PM

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Monday, May 8, 2017

ETMarkets Evening Podcast: Will market keep its wining momentum?

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58577668.cmsTrading for the week kicked off on a positive note as key indices settled with small gains on Monday after a rangebound trade.

May 08, 2017 at 06:33PM

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MSCI: Top-Tier Company, But What About The Valuation?

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May 08, 2017 at 06:31PM

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Mindbody’s (MB) CEO Richard Stollmeyer on Q1 2017 Results – Earnings Call Transcript

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May 08, 2017 at 06:31PM

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Sinclair is buying Tribune Media for $3.9 billion to create a TV behemoth (TRCO, SBGI)

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Sinclair Broadcast Group confirmed on Monday that it has agreed to buy Tribune Media for about $3.9 billion. 

Tribune operates 42 TV stations including several CBS, ABC, and Fox affiliates, and the cable network WGN America. Sinclair is one of the largest operators of local TV news stations. By buying Tribune, Sinclair hopes to “create a leading nationwide platform that includes our country’s largest markets,” according to Sinclair CEO Chris Ripley, in a statement.

Sinclair is buying 100% of Tribune’s outstanding shares for $43.50 per share for an aggregate price of about $3.9 billion. That includes about $2.7 billion in net debt. 

Reuters had reported on Sunday that the deal was pending. It comes just weeks after the Federal Communications Commission reversed a 2016 decision that limited how many TV stations some broadcasters can buy, Reuters noted. Sinclair said it may sell some stations in markets where it currently operates to comply with FCC antitrust regulations. 

The companies expect the deal to close in the fourth quarter of 2017. 

JP Morgan was Sinclair’s financial advisor, while Moelis & Company and Guggenheim Securities worked with Tribune. 

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NOW WATCH: This man spent 6 weeks working undercover in an iPhone factory in China — here’s what it was like

May 08, 2017 at 06:32PM

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from Akin Oyedele

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One analyst thinks Apple is going to be worth $1 trillion (AAPL)

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Tim Cook

Apple remains “among the most underappreciated stocks in the world,” Drexel Hamilton analyst Brian White wrote in a note distributed to clients on Monday.

He’s one of the most bullish analysts watching Apple. On Monday, Drexel raised its Apple price target to $202 a share from $185. The stock was trading at just over $149 in pre-market trading on Monday morning. 

Apple has 5.213 billion shares outstanding, according to Bloomberg. If Apple were to hit $202 per share, the company’s market capitalization would be valued at $1.053 trillion.

“Apple has proven its resilience through its unique ability to develop hardware, software and services that work seamlessly together,” White wrote. “We believe this positions Apple very well to capitalize on the trend toward more ‘things’ becoming a computer.”

Apple’s stock is on a tear. It’s up 29% so far this year. 

Apple

SEE ALSO: ‘Apple has Samsung on the ropes like never before,’ says Wall Street analyst

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May 08, 2017 at 06:32PM

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from Kif Leswing

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A communications company caught in a bidding war between Verizon and AT&T has seen its stock explode over 500% in 3 months (T, VZ, STRP)

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Art auctionStraight Path Communications, an owner of spectrum rights for fifth generation (5G) networks, has been the subject of a heated bidding war between two wireless giants.

AT&T originally targeted Straight Path in April for a takeover bid, offering $1.6 billion.

A round of counter-offers from what Straight Path has called a “multi-national telecommunications company” has pushed the latest price tag to $3.1 billion in a bid announced on Monday.

An unnamed counter-bidder also entered offers against AT&T of $1.8 and $2.3 billion. According to reports, the counter-bidder is in fact Verizon.

AT&T will have three days to offer a revised bid for the firm.

Straight Path’s ownership of 5G networks is key for both AT&T and Verizon in their push to move to faster and faster networks. The firm is the third-largest owner of spectrum licenses that could be used for 5G, according to Bloomberg.

Following the announcement of the newest bid, Straight Path shares soared by 27% in pre-market trading on Monday, a jump of roughly $43 a share to $205.12 at 8:47 a.m. ET. As recently as April 7, Straight Path was trading for around $36 a share, over the last three months shares have gained 515%. 

Screen Shot 2017 05 08 at 9.01.14 AM

SEE ALSO: ‘JEFF BEZOS IS A DIFFERENT SPECIES’: Buffett and Munger praise Bezos, Amazon

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NOW WATCH: 15 things you didn’t know your iPhone headphones could do

May 08, 2017 at 06:32PM

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from Bob Bryan

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