Wall Street

Wall Street is an eight-block-long street running roughly northwest to southeast from Broadway to South Street, at the East River, in the Financial District of Lower Manhattan in New York City. Over time, the term has become a metonym for the financial markets of the United States as a whole, the American financial services industry (even if financial firms are not physically located there), or New York–based financial interests.

Source: en.wikipedia.org

Hasbro Earnings Fall Short Of Q3 Estimates
Hasbro Earnings Fall Short Of Q3 Estimates
October 22, 2018  |  Retail

With the fall of Toys R Us impacting sales, Hasbro fell short of third-quarter earnings and revenue estimates. The company reported revenues of $1.57 billion...

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PayPal Shares Jump On Positive Venmo, Earnings News
PayPal Shares Jump On Positive Venmo, Earnings News
October 19, 2018  |  Payments Innovation

Following a third-quarter earnings and revenue beat as well as a strong quarter for Venmo, shares of PayPal jumped 9 percent on Friday (Oct. 19)....

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Uber’s IPO Value Pegged At $120B
Uber’s IPO Value Pegged At $120B
October 16, 2018  |  IPO

For a potential initial public offering (IPO), Wall Street banks have reportedly given Uber proposals that value the company as high as $120 billion. According...

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As IPOs Rise, Red Ink Fails To Deter Investors
As IPOs Rise, Red Ink Fails To Deter Investors
October 02, 2018  |  Investments

You know the acronym. IPO. Stands for Initial Public Offering. Or maybe it could stand for “It’s Profitable…Or not.” It doesn’t seem to matter, at...

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Homebuilder Downgrade A Tough Housing Market Harbinger?
Homebuilder Downgrade A Tough Housing Market Harbinger?
September 21, 2018  |  Real Estate

Caution, warns a sell side analyst regarding homebuilder stocks, and the sector swoons. As seen on Friday (Sept. 21), homebuilder equities took it on the...

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JPMorgan Predicts Next Financial Crisis In 2020
JPMorgan Predicts Next Financial Crisis In 2020
September 13, 2018  |  Economy

Citing an analysis by JPMorgan Chase, Bloomberg reported the Wall Street bank doesn’t think the next financial crisis will be as painful as past crises, but...

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Square’s Stock Rises 6 Percent After Analysts Say It’s FinTech’s ‘Best Idea’
Square’s Stock Rises 6 Percent After Analysts Say It’s FinTech’s ‘Best Idea’
August 30, 2018  |  Earnings

Square‘s shares jumped 6 percent on Wednesday (Aug. 29) after an analyst raised its price on the company’s stock to $100 from $75. Square, which...

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Kohl’s Beats Street Expectations, But Weak Guidance Depresses Share Price
Kohl’s Beats Street Expectations, But Weak Guidance Depresses Share Price
August 21, 2018  |  Earnings

Despite an earnings report that came in above what analysts were forecasting for Q2, Kohl’s share price slid after weaker than desired guidance for the...

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Tencent’s Profit Drop Drags On Chinese, Tech Stocks
Tencent’s Profit Drop Drags On Chinese, Tech Stocks
August 15, 2018  |  Earnings

There’s a saying that Wall Street does not like surprises — and certainly not earnings surprises … at least not to the downside. Case in point:...

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