AT&T, Verizon Face US Probe Over Mobile Technology

AT&T, Verizon Face US Probe Over Mobile Technology

Verizon and AT&T fell on the news. Verizon closed down 1.1 percent to $47.90 after losing as much as 2.5 percent. AT&T, which is fighting the Justice Department's efforts to block its takeover of Time Warner Inc., dropped 1.9 percent but recovered to close at $34.67, down 0.4 percent. While the Justice
See Original Article

The Home Depot, Inc.: Buying E-Commerce At Ground Level

Technology leads the charge at Home Depot; Home Depot has a strong price support level between $170 and $180, while EPS grows 30% Y-O-Y. Despite more than 3,800 retail store closings for 2018, Home Depot is spending an extra $11.1 Billion on stores and E-Commerce in the next three years.
See Original Article

'OPEC Is at It Again.' Trump Slams Cartel for Inflating Oil Prices

U.S. President Donald Trump slammed OPEC for inflating oil prices after the cartel showed a willingness to further tighten crude markets. “Looks like OPEC is at it again,” Trump said on Twitter, not long after energy ministers finished their meeting in Jeddah, Saudi Arabia. “Oil prices are artificially Very
See Original Article

Berkeley Point Capital Provides $59M Fannie Mae Refi

Berkeley Point's production team, coordinated by Mitch Clarfield and Joshua Braceros of the company's Santa Monica office, facilitated the debt placement by soliciting Fannie Mae, Freddie Mac and CMBS executions. Located at 1801 Interface Lane, between IBM Drive and Mallard Creek Road, the
See Original Article

Wells Fargo hit with big penalties for mortgage, auto insurance practices

Both regulators said Wells Fargo wrongfully charged some customers to extend lock-in periods for mortgage interest rates when it was the bank's fault that loans did not close within a certain time frame. The regulators also faulted the bank for improperly forcing and maintaining auto insurance on some
See Original Article

Ameris Bancorp Announces Financial Results For First Quarter 2018

bank premises. For the quarter ended March 31, 2018, the Company's adjusted return on. average assets was 1.44%, compared with 1.27% for the first quarter of. 2017. Commenting on the Company's earnings, Edwin W. Hortman, Jr.,. Executive Chairman, President and Chief Executive Officer of the.
See Original Article

Everyone Talks About Apple's Changing Business Except Apple

The company can pick up some of the slack by charging higher prices, releasing more products to gin up fresh sales and squeezing more money from Apple device owners through music and news subscriptions, app downloads and more. But there's risk and uncertainty — and also potential — in Apple
See Original Article

Wells Fargo slapped with $1B fine for lending abuses

Wells Fargo slapped with $1B fine for lending abuses. By Brittany De Lea Published April 20, 2018 Business LeadersFOXBusiness. Facebook; Twitter; Comments; Print. Judge Andrew Napolitano reacts to whether criminal charges could be filed against Wells Fargo, which video
See Original Article

Engineers Are Leaving Trump's America for the Canadian Dream

Rather than deal with each one individually, he registered a website, MOVNorth.com—a reference to MOV, a classic coding command for copying data from one location to another—and wrote everything down there. He shared the URL on LinkedIn—of course—hoping it would help a few people.
See Original Article

Fortune names De Lima as one of world's greatest leaders

MANILA, Philippines — Sen. Leila De Lima is among the world's greatest leaders, a New York-based business magazine said. Fortune Magazine included De Lima, one of the most outspoken critics of President Rodrigo Duterte's administration, in the annual list of who it deems the “World's 50 Greatest
See Original Article

Term Sheet — Friday April 20

Good morning, Term Sheet readers. Jen Wieczner filling in for Polina today. Follow me on Twitter @jenwieczner or email me at jen.wieczner@fortune.com. On Wednesday, my colleague Robert Hackett brought you the news that the startup behind cryptocurrency Basis raised $133 million from Bain
See Original Article

Redfin Ranks the Top 10 Neighborhoods for Green Homes in 2018

To determine that figure, Redfin data scientists analyzed real estate listings for all the homes sold between January 1, 2017 and April 2018 in more than 80 major metropolitan areas. Redfin … To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin's
See Original Article

How TokeTV is banking on legalizing marijuana

Watch the video to find out how the founders of Toke.TV, the first live-streaming video platform and social community built for cannabis enthusiasts and the cannabis curious, are looking to disrupt that narrative and the video streaming industry.
See Original Article

How Social Media Is Being Used to Sell Real Estate

Imagine being able to show detailed listing information to every newlywed couple in their 30s within a 20-mile radius. While this would be impossible to execute in person, Facebook's ability to target posts and ads to your core demographics are invaluable. 69 percent of real estate agents use Facebook
See Original Article

Development for security: Lending for peace?

One of the first things that visitors see when entering the World Bank headquarters in Washington, D.C., is a small plaque proclaiming a grand aspiration: “Our dream is a world free of poverty.” Over time, this mantra has become associated with projects ranging from building dams and highways,
See Original Article

Austin real estate market continues to shatter records with best March ever

Just when you thought it couldn't get hotter, Austin's real estate market continues to shatter records. According to the Austin Board of Realtors March 2018 Market Report, Austin home prices are on the rise while time properties spend on the market falls. The Austin-Round Rock housing market saw a
See Original Article

Is Buying Concordia International Corphares (NASDAQ:CXRX), Having Lower Short Interest a …

Concordia International Corp. (NASDAQ:CXRX) has declined 69.63% since April 20, 2017 and is downtrending. It has underperformed by 81.18% the S&P500. Concordia International Corp., a specialty pharmaceutical company, through its subsidiaries, owns or licenses a portfolio of branded and
See Original Article

Banking Royal Commission 'a trainwreck', says Wacka Williams

The Royal Commission into banking has taken a major scalp today as AMP CEO Craig Meller resigned with immediate effect. It comes as the Commission heard the insurance giant lied to ASIC on 20 occasions. Today, the Commision heard how a Westpac financial adviser only signed up clients to meet
See Original Article

Banking royal commission: The remarkable hypocrisy of AMP

Reflecting what AMP says is “Our culture of help”, Meller stood on a stage at the Sydney Town Hall in 2015 and handed out $1 million in grants to 42 worthy Australians, including a Paralympic swimmer, an artist, an astronomer, a disability advocate and a marine scientist. The normally introverted banker
See Original Article

Bureau of Consumer Financial Protection Hits Wells Fargo With $1 Billion Fine

As explained in the Consent Order, the Bureau found that Wells Fargo violated the Consumer Financial Protection Act (CFPA) in the way it administered a mandatory insurance program related to its auto loans, and a violation of the CFPA in how it charged certain borrowers for mortgage interest rate-lock
See Original Article

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.