Entries with no category
Online currency broker OANDA announced on Wednesday that the company has acquired all of the foreign exchange trading accounts of IBFX, Inc, also known as TradeStation Forex. IBFX is a unit of TradeStation Group, Inc. The announcement comes as IBFX exits the forex dealer business, with the transfer scheduled to take place on March 4. The financial terms of the deal were not disclosed. "Our shared values on ...
The alternative trading system IEX continues to gain market share and has been referred to as the fastest growing securities market in U.S. history. In order to scale its ability to protect more investors, IEX needs approval from the Securities and Exchange Commission to operate as a stock exchange. But the company is facing a surprising level of opposition, with some even calling the company “un-American.” Brad Katsuyama, IEX’s CEO and co-founder explains: ...
Valeant Pharmaceuticals "With all the bloviating on the campaign trail about reeling in drug costs these days, it’s safe to say the pharmaceutical industry is under siege.""But it’s not all the politicians’ fault; many of the sector’s injuries are self-inflicted. Case in point: Valeant Pharmaceuticals’ (VRX), whose stock has plunged 62% amid ongoing accounting concerns." As we see from the chart - VRX weekly price is on bearish breakdown: ...
This article is directed to the individual investor concerned with achieving the highest possible total return. The highest total return will typically come from a true growth stock simply because a faster growing company is worth more than a slower growing company past, present and future. On the other hand, for that statement to be true, a high rate of earnings growth must be consistently achieved. Generating and sustaining a high rate of earnings growth is the tricky part, because although there ...
In an interview with Kitco News, Harry Tchilinguirian, global head of commodity markets strategy at BNP Paribas, said that the bank is in no hurry to change its forecast and there is still a possibility for gold to drop below $1,000 an ounce. In January, the firm said that it expects gold prices to average $980 an ounce this year and $860 in 2017; and, Tchilinguirian said that fundamentally nothing has changed. In fact, the ...