Market News

Comcast recently announced the launch of its wireless service called “Xfinity Mobile” which will leverage Verizon’s wireless network and will be available to Comcast’s home internet customers.

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Facebook launched its enterprise social network for businesses, Facebook Workplace, in October last year, and is going to launch a free version of this product to attract small businesses onto its platform.

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Aside from the 2008 financial meltdown , when the market again sold down below 10 times, normalized valuation conformed to the 15 times P/E ratio. The breakout above 15 didn’t take place until 2015.

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Shares of Whole Foods are spiking in late Monday trading following a new SEC filing that reveals Jana Partners -- an activist firm that helped nudge Safeway and PetSmart into private holdings in 2014 -- has taken a nearly 9% stake in the struggling natural foods seller.

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The competitive e-commerce market in India just got more exciting, and it’s not particularly good news for Amazon. Flipkart, India’s largest e-commerce player, has raised $1.4 billion in its latest funding round and acquired eBay India’s operations for $200 million worth of stock

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Strategic buyers moving on small companies

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To fight corruption, Philippines need a leader dressed in white, someone who is free of corruption. Is President Rodrigo Duterte that kind of leader?

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Basic health insurance coverage for all what the country wants and what the politicians have yet to deliver. Medicare Part C For All is the bipartisan answer. It entails enrolling the entire population in Medicare Part C and charging income-related, progressive premiums to pay for the system.

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"Consumers are shifting from buying stuff to experiences," C.L. King Senior Analyst Steven Marotta said. Smart retailers are following suit.

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As the Fed continues on their interest rate trajectory, I do expect the impending volatility to create numerous opportunities for the active manager.

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