Market News

Both companies announced Friday that their quarterly earnings increased by around 50% thanks to higher oil prices, but ExxonMobil beat analyst expectations and had a cleaner quarter overall.

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Zimbabwe is experiencing hyperinflation for the second time in less than ten years. Hyperinflation occurs when the monthly inflation rate reaches 50% per month and remains above that rate for at least 30 consecutive days. This initial threshold was breached on September 14, 2017.

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Chances are you will buying them at a discount from unknown multiples of future revenue, cash flow and earnings. There will be more positive surprises in the future due to the technological revolution. Wall Street can’t quite keep up to the rate of growth in the digital age.

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Modi is giving big banks a big gift, and have depositors pay for it. Brilliant!

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What caused Bitcoin to reach its latest high?

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Anadarko Petroleum is slated to report its September quarter financial results after the market closes on Tuesday, October 31. Due to the closure of its upstream production in Eagle Ford and the Gulf of Mexico due to Hurricanes Harvey and Nate, the market expects Anadarko’s Q3 production to be lower

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China wants the Indian ocean to be Its own sea, and that’s bad news for India and Japan.India and Japan are teaming up to tame China's ambitoo late to tame China’s Indian Ocean ambitions, and they don’t have the resources either.

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The risk/reward proposition for investors looks unfavorable due to a combination of industry lagging profitability, alarming expense growth, poorly-aligned executive compensation incentives, and high market-implied expectations for future profits.

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The wearable camera company reported its first quarterly profit in two years on Wednesday, helped by a double-digit rise in sales and aggressive cost cuts.

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Apple Inc. reported fourth quarter (Q4) earnings this Thursday, which were robust with earnings growth of 18.9% at $10.71 billion over the corresponding quarter in 2016 and a 12.2% rise revenues of $52.58 billion versus Q4 last year. But does the new iPhone have the ‘X Factor’?

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