Monthly Archives: September 2017

Hewlett Packard Enterprise Announces Heavy Year End Staff Cuts

Increasing competition and higher component costs have driven Hewlett Packard to cut 10% of their staff. The cuts are the result of a three-year plan announced by Chief Executive Officer, Meg Whitman, in June to cut $1.5 billion in costs … Continue reading

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Muted Growth in the DOW and S&P

Both the DOW and the S&P have managed to report gains for the second consecutive week, but just barely. There has been a lack of corporate news as analysts and investors prepare for the start of the third quarter earnings … Continue reading

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Bank Stocks are Poised for Strong Growth

The KBW NASDAQ Bank Index has risen 3.2% in the past week.  This index is focused on large US commercial lenders and is currently outpacing the S&P 500, which has not shown much change in the past week.  Recent growth … Continue reading

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Blackrock wins against iShares Investors

Blackrock, the world’s largest asset management company, has recently won a lawsuit against several of its investors. The lawsuit, which came into fruition because of an incident in 2015, has finally been resolved after 2 years. Back in 2015, when … Continue reading

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White Castle expands into China

White Castle has decided to expand into the Chinese market. Although this seems like an awfully belated start, they have had several forays into the country already, of which none were successful. This new decision was three years into the … Continue reading

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SEC’s Delayed Response to EDGAR Hack Puts Institution under Scrutiny.

In light of the recent hack of Equifax, a major credit reporting agency, the Security and Exchange Commission is now also under investigation for a 2016 hack of their Electronic Data Gathering, Analysis, and Retrieval System, also known as EDGAR. … Continue reading

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Cassidy-Graham Health-Bill Faces Unlikely Odds in Senate.

Also known as the Cassidy-Graham bill proposal, the new GOP health-care bill once again proposes to dismantle Obamacare and instead, provide large block grants to individual states to fund their own healthcare system. Trump has expressed approval for the passing … Continue reading

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