Finance

Check out the companies making headlines after the bell Thursday: Apple stock dipped slightly after the bell. The tech giant on Thursdays issued an apology to customers, after reports emerged that Apple introduced software that intentionally slows-down iPhones with older batteries. Shares of Mosaic rose more than 1.6 percent in relatively light volume after hours.
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The “Fast Money” traders shared their first moves for the market open. Pete Najarian was a buyer of PepsiCo. Tim Seymour was a buyer of Western Digital. Rich Ross was a buyer of United Rentals. Dan Nathan was a buyer of Broadcom. Trader disclosure: On December 27, 2017, the following stocks and commodities mentioned or
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Banks are starting to headhunt actively again after years being fairly passive following the global financial crisis, a prominent recruiter said on Thursday. This time however, their focus will be on digital and fintech staff, said Declan O’Sullivan, managing director of search firm Kerry Consulting. The rising influence of digital and banking-specific technology — so-called
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Massachusetts’ top securities regulator said his office is qualified to issue a warning on bitcoin because the digital currency is “entirely speculation.” “It doesn’t pass the smell test,” William Galvin, secretary of the Commonwealth of Massachusetts, said Wednesday on CNBC “Fast Money.” “There is no product here. This is entirely speculation. That’s already been proven
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JPMorgan Chase will pay $2.8 million to settle charges that a broker-dealer unit lacked sufficient controls to safeguard customer securities from several countries over more than eight years, a U.S. regulator said on Wednesday. The Financial Industry Regulatory Authority said JPMorgan Clearing created hundreds of millions of dollars of deficits by violating U.S. rules designed
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There have been doubts about whether proceeds from Chinese green bonds are used to finance projects that truly help the environment. For instance, the People’s Bank of China and the National Development and Reform Commission allow green bonds to fund “clean” coal projects — something that many regulators overseas would not allow, according to a
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Check out the companies making headlines after the bell Tuesday: Energous stock surged more than 65 percent after the bell. The charging technology company announced it received Federal Communications Commission approval for its propriety WattUp transmitter. The much-hyped router purports to charge devices wirelessly, using Radio Frequency projections. The certification is the first of its
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Yes, it’s a bull on a goddamn pogo stick, vaulting over a bear. Talk about tempting fate… But so what. If fading this cover is your idea of “managing money”, maybe retire. If mocking it is your idea of cleverness, delete your account. It’s an old joke that hasn’t been funny in a decade. Here’s
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The Wells Fargo Investment Institute sees the tax overhaul as a game changer. Scott Wren, the firm’s senior global equity strategist, says there’s a high probability the stock market could see a 10 percent gain or more next year because it’s single-handedly lengthening the recovery. “This tax package is definitely a kicker, and it’s going
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Getty Images A computer screen at the Cboe Global Markets exchange (previously referred to as CBOE Holdings, Inc.) shows Bitcoin cash and futures prices on December 19, 2017 in Chicago, Illinois. Cboe Global Markets has applied with the SEC to list six bitcoin-related exchange-traded funds as the company bets further on the emerging new asset
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Bitcoin hit a record high above $19,800 Sunday but had plunged 47 percent from that level to a low of $10,400 on Coinbase Friday in a volatile trading session. The former Fortress macro hedge fund manager said on CNBC’s “Fast Money” on Dec. 12 that he was going to launch his fund at the end
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Jonathan Ernst | Reuters President Donald Trump celebrates with Congressional Republicans after the U.S. Congress passed sweeping tax overhaul legislation on the South Lawn of the White House in Washington, U.S., December 20, 2017. It may be too early to tell if a tax bill that just cleared Congress is “the rage” in Corporate America,
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The “Fast Money” traders shared their first moves for the market open. Pete Najarian was a buyer of Bank of America. Tim Seymour was a buyer of iShares MSCI Europe Financials ETF. Dan Nathan was a buyer of Ethereum. Guy Adami was a buyer of Red Hat. Trader disclosure: On December 19, 2017, the following
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