Stock Markets
Iberdrola weighing sale of its telecommunications unit
Iberdrola, Spain’s largest utility, is reported to be considering selling its telecommunications unit and is consulting advisers for tips on favorable options; a final decision has not been made yet. Iberdrola SA, Spain’s largest utility, is said to be considering the sale of its telecommunications unit. The sale could provide it with over 300 More...
Once again Ma times Alibaba’s IPO on NYSE in a huge stock market rally
Jack Ma is setting Alibaba’s second IPO with a similar timing compared to the first one in Hong Kong. This time, however, wary investors are expected to make reasonable valuations. Jack Ma is preparing Alibaba’s More...
Apple iPhone wallet to be unveiled on September 9
Apple’s next iPhone will be unveiled together with a wallet, a mobile payment solution; the company has partnered with Visa, MasterCard and American Express for the development of this project. Apple’s next More...
Alibaba debut on NYSE expected the week starting September 8
E-commerce company Alibaba is expected to come on New York Stock Exchange with an IPO that can raise over $20 billion, which will make it the largest technology listing ever in the US. Alibaba Group Holding Ltd.,a More...
Google developing aerial drones to make pilotless deliveries of goods
Google seems to be in the final stage of implementing its recently disclosed project of manufacturing aerial drones for delivery of goods. News were released that Google was in the development stage of aerial pilotless More...
Apple preparing to launch a larger 12.9-inch tablet early next year
Apple is planning on a new, larger screen, 12.9-inch iPad, due to come out early next year and expected to sell well with businesses, governments and schools. News has been released of Apple’s plans for the largest More...
The S&P 500 briefly exceeded the milestone 2,000 level on Monday
Financial and biotechnology stocks pushed the S&P 500 to a record closing high on Monday; the 2,000 mark, however, could not be retained on a daily close basis. On Monday, it was the first time the S&P More...
A mortgage settlement between Goldman Sachs and a US regulator reached
Goldman Sachs agrees to a $1.2 billion mortgage settlement with a US agency, thus averting a trial scheduled for September 29. On Friday, Goldman Sachs and the Federal Housing Finance Agency (FHFA) agreed on a More...
US stocks to remain firm this week despite renewed tensions in Ukraine
Supported by earnings, US stocks remain the best option for investors; their perception as a safe haven on equity markets stems from America’s limited exposure to the Ukraine conflict. The news of critical escalation More...
Samsung to buy SmartThings startup
Samsung is planning on the acquisition of SmartThings, a company enabling users to control connected home devices from anywhere via mobile apps. Samsung Electronics is planning the purchase of SmartThings. The More...
