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Fintech Focus For December 9, 2020
Tuesday, December 8, 2020 - 6:34pm | 1990Quote To Start The Day: Webull, founded by Alibaba Group Holding Ltd. alum Wang Anquan, has increased its roster of brokerage clients by about tenfold this year, to more than 2 million, by offering free stock trades with a slick online interface. While that’s still a fraction of the more...
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Fintech Focus For September 8, 2020
Monday, September 7, 2020 - 9:28pm | 1856Quote Of The Day: People love watching fire burn. - Disclosure Fintech Movers: While challengers might not be making a similar profit in comparison to big banks, it must be noted that large institutions are reportedly seeing their revenues slashed as a result of the emergence of neobanks. -...
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Global Defense Firms Will Build $82 Billion In Drones In A Decade
Saturday, March 18, 2017 - 9:13am | 1040The U.S. deployment of attack drones in the tense Korean theater is a symbol of not only the role unmanned aircraft are playing in the so-called war on terror, but a sign of a rapidly evolving and increasingly competitive defense market dependent on robot warfare. Business, as they say, is booming...
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Thanks To International Reach, Netflix On Track To Exceed 100 Million Subscribers By 2018
Tuesday, August 23, 2016 - 8:41am | 514Netflix, Inc. (NASDAQ: NFLX) is poised surpass the 100 million-subscriber mark by 2018, as international subscribers are expected overtake the U.S. domestic subscribers over the next two years, according to a new analysis from Markit Ltd (NASDAQ: INFO). Current Situation The total number of Netflix...
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Markit Has 5% Upside; Goldman Concerned Over Its Performance Vs. Peers
Friday, July 22, 2016 - 9:20am | 425Goldman Sachs has reinstated coverage of Markit Ltd (NASDAQ: INFO) with a Neutral rating and $38 target price, implying a total return of 5 percent. Recent Performance "We are Neutral as we see weaker top line growth and less favorable end market exposure vs. peers offset by strong FCF generation...
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8.1 Billion Connected Devices: IHS Data Shows Average Of 4 Per Household
Friday, June 10, 2016 - 7:50am | 337As of the end of 2015, there were a whopping 8.1 billion connected devices worldwide, and this device base on an average equated to an astonishing 4 devices per household. These figures were released by IHS Inc. (NYSE: IHS), a leading source of information, analytics and insight, in its Connected...
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Are 'Applenomics' Unfair? iPhone 6S Plus Costs 48% More To Make Than SE, But Is Priced 88% Higher
Friday, April 8, 2016 - 1:18pm | 306iPhone SE from Apple Inc. (NASDAQ: AAPL) is being marketed as the low-cost iPhone targeting emerging markets, as it is a slimmed down version of IPhone 6S and comes at a price of $399. However, the price may not be as much of a bargain as it appears. Let's see whether the $399 price is actually a...
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Teardone Of iPhone SE Shows New Phone Is 1 Part iPhone 5s, 1 Part iPhone 6 And 1 Part iPhone 6s; Costs $160 To Build
Friday, April 8, 2016 - 9:03am | 331One of the first teardowns of Apple Inc. (NASDAQ: AAPL) new iPhone SE is out. DigiTimes, citing preliminary estimates by IHS, reported that it costs $156.20 to assemble a 16GB iPhone SE device. The figure rises to $160 per device once the cost of manufacturing is added. Apple sells its iPhone...
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Global Semi Sales Down ~2% In 2015
Monday, April 4, 2016 - 2:05pm | 233According to a report by IHS, global semiconductor revenues fell by 2 percent in 2015. In a report published on Monday, IHS noted quarterly growth for the global semiconductor sector was "weak" throughout every quarter of 2015. In fact, the year started off poor when the market fell 8...
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IHS Acquires CARPROOF For $460 Million, Notes Acquisition Will Be 'Highly' Accretive
Monday, December 28, 2015 - 10:12am | 167IHS Inc. (NYSE: IHS) announced on Monday it has agreed to acquire CARPROOF, a Canada-based company that offers products and services in vehicle history, appraisal and valuations, for C$650 million (approximately $460 million). IH's acquisition is similar to its 2013 acquisition of CARFAX, a...
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Activision CEO Bobby Kotick, Others Reflect On The Life Of Nintendo President Satoru Iwata
Monday, July 13, 2015 - 3:48pm | 733Nintendo Co., Ltd (ADR) (OTC: NTDOY) President Satoru Iwata passed away last weekend from bile duct cancer. Numerous individuals, including Nintendo of America President and COO Reggie Fils-Aime, have taken a moment to reflect on the life of one of the video game industry's most prominent...
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IHS Technology Senior Mobile Analyst: 'A Merger Between LG And BlackBerry Would Not Make Sense'
Wednesday, January 21, 2015 - 4:18pm | 188Speaking to Benzinga, IHS Technology Mobile Analyst Daniel Gleeson said that a merger between LG Electronics and BlackBerry Ltd (NASDAQ: BBRY) would not make sense. “They each have their individual strengths, with LG focusing on the consumer market and Blackberry on their enterprise,...
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BlackBerry: Surviving On Back Of Security Features?
Wednesday, December 17, 2014 - 2:45pm | 340Host of views have been published on whether BlackBerry Ltd (NASDAQ: BBRY) can make a ‘comeback.’ While some on the Street don’t expect Blackberry to make a comeback at all, they are betting on the company making a turnaround, if it continues to focus on its core strength of...
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Is Samsung The Next BlackBerry?
Friday, December 5, 2014 - 4:30pm | 654SAMSUNG ELECT LTD (OTCMKTS:SSNLF) mobile business declined 74 percent in the third quarter, highlighting the company's ongoing struggle at retail. Is this a sign of things to come? "In their current shape and form, every indication is that Samsung is going to be the next BlackBerry Ltd...
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Market Overreacted To Ford Motor Company's Decreased Profit Outlook, Analysts Say
Friday, October 3, 2014 - 5:03pm | 650Earlier this week, Ford Motor Company (NYSE: F) CEO Mark Fields informed investors that the automaker is decreasing its profit outlook for the rest of the year by approximately $1.5 billion less than it was slated for in July, The Wall Street Journal reported. After the announcement, Ford...