In Your Interest
1/5/2018/Reuters Stephen Nellis Apple Inc on Tuesday reported resilient iPhone sales in the face of waning global demand and promised $100 billion in additional stock buybacks, reassuring investors that its decade-old smartphone invention had life in it yet. Apple’s quarterly results topped Wall Street forecasts, which dropped ahead of the […]
Culled—Proshare May 1, 2018/Vetiva Research Highlights of Vetiva Analyst Report • Earnings lag estimates – PAT down 9% y/y • Higher than expected loan loss provisioning drags bottom line • Lower than expected one-time charge from IFRS 9 implementation • Loan loss provision revised higher to reflect Q1’18 run rate Earnings Lag Estimates – […]
May 1, 2018/US SEC The Securities and Exchange Commission today announced the unsealing of fraud charges against a Mississippi company and its principal who allegedly bilked at least 150 investors in an $85 million Ponzi scheme. The defendants agreed to permanent injunctions, an asset freeze, and expedited discovery. The SEC’s […]