Earnings and Brokerage Ratings

Ocwen Financial Plunged on Fresh Allegations

The mortgage servicing giant Ocwen was alleged for wrong practices and a legal action was taken by the Consumer Financial Protection Bureau (CFPB) and 20 state regulators yesterday. The lawsuit filed by the CFPB alleges that the company’s incompetence and…
Dollar Breathed Easy after Steven Mnuchin Comment

After the comment of Steven Mnuchin, the U.S. Treasury Secretary, dollar pulled away from five-month lows. It had dropped suddenly after a comment made by President Trump on last Wednesday in an interview with The Wall Street Journal. He said,…
US Market Commentary on Monday

Markets are worried over the tension mounting between the US and North Korea and then there are French elections due. As if these were not enough, the soft US economic data further dampened the spirits of the investors. The US…
Apple Buying Disney: Will It Be the Right Synergy?

There were rumours that a potentially big deal can happen with Apple buying Disney leading to Apple shares going down and Disney shares moving up at the Wall Street. With Apple sitting on $215 billion cash, the question is not…
Market Commentary on the Last Day of the Quarter

On the last trading day of the ongoing quarter, the Asian markets fell as investors balanced their positions. The positive U.S. economic growth data led to rising in the dollar. The Dollar index was higher, but on a quarterly basis,…

Trump made tall promises in his election speeches and the Wall Street seemed to believe it. This was precisely the reason why all major indices were making record highs since November 2016. During his inaugural speech on 20th January, he…
Amazon’s Brand Registry to Fight Counterfeits

The e-commerce giant Amazon.com is currently testing a tactic that will help it remove counterfeit goods from its website, thus reassuring vendors that the marketplace it provides is in their best interests. This step of Amazon to remove such goods…
Is Dollar General Following Wal-Mart?

Investors have been doubtful about the fact that Dollar General is spreading its network way too quick and retailers now have to show them results proving the fact that expanding the network by opening new chains is not the single…
CEO of AIG Frustrated Investors As He Lost Credibility

The CEO of AIG, Peter Hancock had lost confidence in the company’s board members and most of the big name investors. He also squandered many of his staff’s faith in him even before the board members and investors lost confidence…
Trump and its effect on the surge witnessed in Dow

President Trump has been boasting about the surge that has been seen in the stock market after the elections. After being silent on Twitter for the past some time, this Thursday, Trump tweeted about how the economy is doing currently.…
The IPO of Snap Jumps Up with $3.4 Billion on First Day

The maker of Snapchat, the app that let’s users send disappearing-photos and messaging service, Snap Inc., offered their Initial Public Offering slightly above the range marketed during their trading debut. The opening for Snap Inc. shares was at $24 and…

Ray Dalio, the founder of Bridgewater, one of the most influential and biggest hedge funds in the world, is stepping down from his prolonged post as Co-Chief Executive Officer due to an agonizing shake-up in their management. The man that…