News

LinkedIn Remains Low as Revenues Projected to Slow

Shares of professional social networking site LinkedIn have remained low in price following a major drop at the beginning of February. Shares of the social site dedicated to business professionals have remained low and performed poorly in comparison to those of competitor sites Facebook and Twitter, though the value of LinkedIn shares is still substantially […]

Japanese Inflation Reports for February Show Nation Far Off Inflation Goals

Statistics released by the Bank of Japan for the month of February show that, for a tenth consecutive month, the country experienced no net inflation. The reported lack of price increases comes despite massive efforts on the part of Japan’s central bank in the past several months. These efforts have been geared toward getting the […]

Losses Mount as Valeant Flounders

Following several months of extreme volatility and low investor confidence, pharmaceutical giant Valeant’s share price experienced yet another major drop last week. The share price loss has severely hit not only the pharmaceutical company itself, but also the investors and hedge funds that have put money into the firm in the past several months. The […]

US Economy Outperforms Fourth Quarter Expectations

The American economy outpaced previous growth projections for the fourth quarter of 2015, growing by 1.4 percent in the final quarter. Revised growth data was released on Friday. Previously, the fourth quarter growth for the US economy was expected to reach only 1 percent. The substantially increased growth has been attributed to increased consumer spending. […]

Fourth Quarter Data Shows Amaya Struggling

A fourth quarter earnings report for online gambling service provider Amaya Gaming shows significant losses in both active customers and profits. The Canadian gaming company has been working over the past several months to diversify its platform following several major and expensive setbacks worldwide. Amaya’s fourth quarter earnings report showed that the firm lost a […]

Fitbit Stock Falls Amid Share Earning Concerns

Shares of wearable fitness device manufacturer Fitbit experienced a substantial drop in the first half of the week following the announcement that the company’s earnings per share would be less than 10 percent of what had previously been expected. The stock was already holding at a depressed point following a severe drop from its high […]

Cameron Prepares Deal for Britain’s EU Membership

British Prime Minister David Cameron, after two days of intensive negotiations in Belgium, is returning to Britain with a deal that he hopes will allow for his country to remain a member of the European Union under new terms. Mr. Cameron, however, will now have to secure the consent of the British people in a […]

How a Brexit Could Affect Online Gaming

Much news and economic analysis has been devoted to the question of whether or not the citizens of the United Kingdom will vote to leave the European Union on June 23rd. As a general rule, the consensus among economic experts has been that a Brexit would be mildly harmful to Britain’s export markets. However, every […]

Iron Ore Makes Modest Gains in Down Market

Though still at a greatly lower price than it was before the beginning of the collapse of commodity prices last year, iron ore this week climbed to a three-month high. The modest price increase occurred in spite of negative projections for the future of iron ore as developing economies continue to struggle. The 8 percent […]

China Removes Top Securities Regulator

Amid economic turmoil in China as the country struggles to adjust to decreased growth rates, China Securities Regulatory Commission Chairman Xiao Gang has been removed from office. The regulatory official was likely let go due to public backlash against the slowing of the Chinese economy last year, though the Chinese government itself has not specified […]

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