Economists polled by the Reuters news agency expect the U.S. Federal Reserve to cut interest rates by 25-basis points on Dec. 18. The poll found that 90% of economists anticipate a quarter of a percentage point rate cut before year’s end from the American central bank. However, the same survey found that […]
U.S. Federal Reserve To Cut Rates 25-Basis Points On Dec. 18: Poll Read More »
Microsoft’s (MSFT) shareholders have rejected a proposal that would have seen the technology company add Bitcoin (BTC) to its balance sheet. Michael Saylor, chair of software company turned serial Bitcoin acquirer MicroStrategy (MSTR), had been encouraging Microsoft to use some of its cash reserves to invest in BTC. “Microsoft can’t afford to miss
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PAR Technology (NYSE: PAR) shares boasted healthy gains at the openWednesday. The company, a global foodservice technology company, announced that Condado Tacos, the rapidly growing restaurant brand celebrated for its custom tacos and bold flavors, has selected PAR® Data Central®, to elevate its operations. By implementing this solution, Condado Tacos aims to streamline
PAR Technology Jumps on Hookup with Condado Tacos Read More »
Video game retailer GameStop (GME) has reported mixed financial results for this year’s third quarter, although its sales continue to decline. The company reported earnings per share of $0.06 U.S., which was much better than a loss of -$0.03 U.S. that was the consensus forecast on Wall Street. However, revenue in the
GameStop Reports Mixed Financial Results Read More »
Last week, Canada’s biggest banks posted quarterly results. Income investors should look at the strength of Royal Bank (RY) and CIBC’s (CM) results. They also raised their dividend. Royal Bank hiked its dividend by 4.2% to C$1.48. In its fiscal fourth-quarter report, the firm reported an 18.8% Y/Y increase in revenue, to $15.07
Buy These Two Income Stocks Read More »
Vulcan Materials Company (NYSE: VMC) shares broke even Wednesday. The nation’s largest producer of construction aggregates today announced that it has entered into a definitive agreement to acquire Superior Ready Mix Concrete, L.P. This value-enhancing acquisition will add six aggregates operations with more than 50 years of quality aggregates reserves to Vulcan’s California
Vulcan Grabs Small Gains on Superior Deal Read More »
A judge has blocked the $25 billion U.S. takeover of American grocery store chain Albertsons (ACI) by rival Kroger (KR), citing competition concerns. The judge in the case sided with an earlier ruling by the U.S. Federal Trade Commission (FTC) that said the acquisition of Albertsons would lead to less competition in the
Judge Blocks Kroger’s $25 Billion Takeover Of Grocer Albertsons Read More »
Mozilla has removed the “Do Not Track” (DNT) feature that had been present in Firefox since 2009, according to Windows Report. It was the first browser to adopt the feature. This change will arrive to all users who install version 135 and beyond, but Nightly users who opt to test experimental builds can already see
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FIFA has confirmed the 2034 World Cup will be held in Saudi Arabia, while the 2030 World Cup will be co-hosted by Spain, Portugal and Morocco with the opening three matches in South America. Both bids were uncontested and were ratified at an online FIFA Congress on Wednesday, with the English, Scottish and Welsh Football
Saudi Arabia to host 2034 World Cup as 2030 World Cup hosts also confirmed Read More »
A judge has issued an injunction ordering WordPress co-founder Matt Mullenweg and his company Automattic to restore access to the WP Engine web hosting service, according to legal documents seen by The Verge. Automattic must also restore WP Engine’s control of its popular ACF (Advanced Custom Fields) plugin. It also removes a checkbox implemented by
WP Engine wins preliminary injunction in WordPress legal battle Read More »
