LONDON (Reuters) – Shares in Wirecard sank more than 20% in early trading on Tuesday after the Financial Times newspaper published documents on the company’s accounting practices alleging an effort to inflate sales and profits, dealers said. At 0806 GMT, share... More »
SAN FRANCISCO (Reuters) – Apple Inc (AAPL.O) was not the only one to leap on a chance to buy its stock at a fat discount last quarter as Warren Buffett stepped in to scoop up an additional 75 million shares for Berkshire Hathaway (BRKa.N) at the same time. Bet... More »
Injured people are treated outside the Indonesian Stock Exchange building following reports of a collapsed structure inside the building in Jakarta, Indonesia January 15, 2018. REUTERS/Darren Whiteside JAKARTA (Reuters) – A mezzanine floor overlooking the main... More »
SHANGHAI (Reuters) – China’s blockchain-related companies extended their bullish run on Friday, as punters brushed aside concerns raised by regulators about the rationality of stock price surges this week. Blockchain mania continued to propel the shares of a d... More »
The logo of messaging app Snapchat is seen at a booth at TechFair LA, a technology job fair, in Los Angeles, California, U.S., January 26, 2017. REUTERS/Lucy Nicholson For some millennial investors, loyalty to one of their favorite apps matters more than finan... More »
SAN FRANCISCO Shares of Apple (AAPL.O) dipped on Wednesday on growing expectations that the consumer technology company may sell fewer iPhones next year than previously thought. In a note to clients on Wednesday, Bank of America cut its estimate for fiscal 201... More »
Media mogul John Malone, known for striking complex deals and running companies with intricate structures, is restructuring two companies he controls using tracking stocks and spinoffs. Liberty Interactive Corp (QVCA.O), which mainly houses Malone’s e-commerce... More »
Shares of Alibaba Group Holding Ltd (BABA.N), which recently slipped below their initial offering price after having rocketed 75 percent in their first two months of trading, could lose another 50 percent of their value, Barron’s said in the cover story of its... More »
NEW YORK PayPal Holdings Inc (PYPL.O), the e-commerce group trading sharply off its recent offering price, could rise 40 percent to $46 a share if it succeeds with investments tied to payments systems innovation, the Aug. 31 edition of Barron’s said. Spun off ... More »
