0.0 00 The maker of iPhone, Apple (AAPL: Nasdaq) recently stunned Wall Street with blow out earnings. Sometimes, one has to wonder if their Chief Executive Officer, Tim Cook or their chief financial officer really know …
Read More »Unemployment in Australia Spikes Higher as the AUD Sinks
0.0 00 In January the Australian economy shocked markets as it lost jobs pushing the unemployment rate to a 13 year high. This sent the Australian Dollar sinking. The Australian Bureau of Statistics reported today that …
Read More »Switzerland’s Largest Bank, UBS, Doubles its Dividend
0.0 00 The biggest bank in Switzerland UBS AG (UBSG-CH) has announced they will double their annual dividend. They are marking their biggest payout since the credit crisis. However, they warned investors about the value of …
Read More »What About Gold in 2015? Is it Done?
0.0 00 The United States economy got some good news last week as the non-farm payroll report (NFP) came in strong. However, this hit gold on the chin. Some analysts, like myself, are getting ready to …
Read More »BREAKING NEWS: HSBC Swiss Bank Fails thanks to Taxes and Clients not Paying Them
0.0 00 HSBC (HSBA.L: LSE) admitted yesterday why its Swiss subsidiary failed. The London based bank helped clients, wealthy clients, dodge paying taxes as well as hiding millions in customer assets from domestic tax authorities. In …
Read More »Bitcoins Start 2015 in a Bad Way, but the Worst is Yet to Come
0.0 00 Bitcoins started 2015 in a freefall and it is not over yet. Transactions could be half of what they were last year as there are serious problems affecting this cryptocurrency. Bitcoins is having problems …
Read More »The European Central Bank: Banks Cannot use Greek Debt as Collateral
0.0 00 Late yesterday afternoon, the European Central Bank (ECB) put some added pressure on Greece when it revoked waiver that allowed commercial banks in the common currency bloc to use Greek government debt as loan …
Read More »Thanks to a Weak Yen Toyota is Benefiting
0.0 00 Earlier today, Toyota Motor Corp (TYO: 7203) announced, thanks to a weak yen, it will be raising its operating profit guidance by a healthy eight percent. As the yen continues to weaken, the value …
Read More »Walt Disney Beats First Quarter Earnings Forecasts
0.0 00 The US based media giant Walt Disney (DIS: NYSE) reported its quarterly earnings overnight and they came in better than expected. The earnings were better than the most optimistic estimate any analyst on The …
Read More »Alibaba is Trying to Break into the US Market
0.0 00 Alibaba (BABA: NYSE), based in Hangzhou China, is looking for a unique and creative way to break into the world’s largest consumer market. That market is the United States. The e-commerce giant, announced, today, …
Read More »