TransCanada says it has secured enough customers to proceed with Keystone XL pipeline

SALT LAKE CITY — The Canadian pipeline company that set out a decade ago to build the $8-billion Keystone XL oil pipeline across the Great Plains said Thursday it had secured enough shipping orders to proceed with construction. A statement released by TransCanada stopped short of making a commitment to construct the 1,189-mile pipeline from Hardisty,… Please follow and like us:

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JPMorgan Chase & Co. Q4 2017 Earnings Beat Estimates

The JPMorgan Chase & Co. Q4 2017 earnings results were released before opening bell this morning. The bank reported adjusted earnings of $1.76 per share on $25.45 billion in revenue, compared to the consensus estimates of $1.69 per share and $25.17 billion in revenue. In the previous year’s fourth quarter, the bank reported $1.71 per share… Please follow and like us:

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Merrill Lynch Bans Bitcoin Trading

Wealth management firm Merrill Lynch has blocked all of its clients and financial advisers who manage money for clients from trading Bitcoin over fears of instability relating to the cryptocurrency, the Wall Street Journal reported. The ban will keep the firm’s nearly 17,000 financial advisers from suggesting Bitcoin-related investments and advises against client requests to invest… Please follow and like us:

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Bitcoin’s Price Surged From $1,000 To Over $13,000 In One Year

The price of bitcoin was one of the biggest Wall Street stories of 2017. At one point, the digital currency surged more than 1,900 percent. On Jan. 1, 2017, the price of bitcoin passed $1,000 for the first time on CoinDesk Bitcoin Price Index since early January 2014. On Jan. 1, 2018, the price of bitcoin… Please follow and like us:

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The Bitcoin Bubble – How We Know It Will Burst

In the last year, the price of Bitcoin has increased from less than US$800 to more than US$12,000. This huge spike in value has many asking if it is a bubble or if the high price today is here to stay. Finance defines a bubble as a situation where the price of an asset diverges systematically… Please follow and like us:

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Warsaw a winner when it comes to attracting big business

Key facts about Poland: 38.4 mln inhabitants in Poland 239,500 students in the year 2016/2017 Warsaw ranks n°1 in Poland in terms of investor satisfaction 40% of Warsaw inhabitants speak English, nearly 20% speak at least two foreign languages Located right in the heart of Europe, Warsaw is poised to compete with the continent’s best cities… Please follow and like us:

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Equities firm up on MSCI index news

Inclusion set to trigger short-term rally on higher liquidity expectations Chinese A-share stocks rose on Monday after global equity index provider MSCI Inc announced that it will launch MSCI China A Inclusion Indexes this week. The Shanghai Composite Index closed the day with a 0.06 percent gain to 3,380.7 points. The Shenzhen Component Index rose by… Please follow and like us:

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US Stocks Sell Off As Banks, Upbeat GDP Unable To Support Gains

U.S. STOCKS SELL OFF AS BANKS, UPBEAT GDP UNABLE TO SUPPORT GAINS BUZ INVETORS US STOCKS SELL OFF Wall Street traded lower on Thursday as investors took profit from the prior session’s gains and buying enthusiasm in banks and a positive read on growth were unable to support the wider market. At 11:11AM ET (15:11GMT), the… Please follow and like us:

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4 Wall Street Bonus Charts That May Make You Scream

Every year, the New York Comptroller releases a big number representing the combined value of the bonuses Wall Street banks have doled out to their employees. The state government keeps track of these payouts because a really big number boosts their local tax base. And this year’s number, released on March 15, is indeed gigantic: $23.9… Please follow and like us:

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