Trapped China Cash Breathes Life Into Hong Kong Yuan Banking

Banks in Hong Kong are finding a new source of revenue in helping multinational companies deal with a growing headache: how to cope with tightening restrictions on transferring profits and dividends out of China. As Beijing clamped down on outflows that threatened to destabilize its currency, companies are suddenly turning to lenders in Hong Kong to hedge their currency risks, bolster the yield on money trapped inside China and for new loans, according to bankers and analysts.

Yelp, Inc. Ends the Year Strong

And in contrast to last quarter’s post-earnings pop after another big beat , shares are down more than 9% in after-hours trading as of this writing as investors mulled lighter-than-expected revenue guidance from the local business-review specialist. Let’s take a closer look, then, at what Yelp had to say, and what investors can expect going forward.

Software, Cloud Gains Lift NCR

Now, NCR assists its customers with the hardware, software, and services that they need in order to accept all sorts of different kinds of payments. Coming into Thursday’s fourth-quarter financial report, NCR investors were looking for modest gains in sales that would produce double-digit percentage earnings growth.

2 Reasons Twitter’s Engagement Gains Don’t Impress Investors

Twitter once tried to downplay the concern by adding in ” SMS Fast Followers ,” users predominantly located in emerging markets that exclusively accessed the service via SMS text messages, although the company could not monetize these users in any meaningful fashion. Fortunately, Twitter stopped measuring SMS Fast Followers, presumably because it realized that it was a useless metric to begin with.

Why Mobileye N.V. Stock Jumped 13% Last Month

The self-driving car specialist benefited from a deal with BMW and Intel in the beginning of the month and later jumped on an analyst upgrade. Mobileye stock jumped out of the gate to start the new year, gaining 8% on Jan. 3 after announcing the deal with BMW and Intel.

This startup is six months into an employment experiment – …

This startup is six months into an employment experiment – no perks, lower pay, and you’re free after two years “If we were to renew the employment deal today, what would it look like?” asks Jolt CEO and cofounder Roei Deutsch. Jolt is a fast-growing San Francisco-based startup that connects Silicon Valley pros with companies around the world for videoconferenced lectures.

‘See You in Court’: Defiant Trump rails against appeals court…

“It’s a political decision and we’re going to see them in court … the security of our country is at stake,” he said to NBC News . Hillary Clinton, Trump’s former Democratic rival, offered a short note, tweeting “3-0,” referring to the 9th Circuit judges’ unanimous ruling: “We hold that the Government has not shown a likelihood of success on the merits of its appeal, nor has it shown that failure to enter a stay would cause irreparable injury, and we therefore deny its emergency motion for a stay.”

NVIDIA Corp. Exceeds Fourth-Quarter Guidance Targets

This was another broad-based success story, with double-digit sales growth in six out of eight reportable business segments and platforms. Sales and gross margins came in above the midpoint of official guidance given three months ago, while operating costs and tax rates fell below management’s targets.

NuVasive Builds Momentum Going Into 2017

Over time, the company has found medical professionals increasingly willing to adopt its solutions to integrate minimally disruptive procedures into their surgical practices. Coming into Thursday’s fourth-quarter financial report, NuVasive investors were fully expecting that the company would be able to sustain its revenue and profit growth and bounce back from slight weakness last quarter.

Markel Ends 2016 on a High Note

Perhaps unsurprisingly, shares closed up a solid 3.5% on Thursday. Let’s take a closer look at what drove Markel’s business as it capped the year, and what investors can expect looking forward.

The History of the Credit Card

When New York businessman Frank McNamara started Diners Club in 1950, he had big dreams for his new company and the credit card it would issue. “‘Someday,’ he predicted, ‘restaurants all over New York will honor this card,'” former Diners Club executive Matty Simmons recalled McNamara telling him early on.

Tesla Employee Says Workers Contacted UAW About Organizing

Tesla Inc. workers at its only auto plant have contacted the United Auto Workers seeking assistance with forming a union, according to a Medium post published Thursday by a man claiming to be a factory employee. “I think our management team would agree that our plant doesn’t function as well as it could, but until now they’ve underestimated the value of listening to employees,” wrote Jose Moran, who identifies himself as a worker for the past four years at the plant in Fremont, California.

Hastings, Grand Island, Kearney Area News

As per Federal Communications Commission Regulations following is certified: Platte River Radio Inc. does not discriminate in the sale of commercial time, and will not accept advertising which, in its sole opinion, is purchased with intent to discriminate unlawfully on the basis of race, gender, or ethnicity. The advertiser hereby certifies that its purchase of commercial time is not made for an unlawful discriminatory purpose, including specifically that it is not based upon a decision to place advertising on a station on the basis of race, gender, or ethnicity.

Trump’s new FCC boss has already set the stage for a less open…

Last week, the FCC’s Wireless Telecommunications Bureau closed multiple inquiries led by former Chairman Tom Wheeler into the data-cap exemption – colloquially known as “zero-rating” – policies of various internet service providers, including AT&T , Verizon , T-Mobile , and Comcast . Previously, Wheeler, who stepped down once Trump took office, oversaw a monthslong back-and-forth between the FCC and those ISPs.

Why You Should (and Shouldn’t) Buy NVIDIA

At this point, it’s natural for investors to wonder if it’s too late to buy a few shares — this run could just bethe start of NVIDIA’s path to world domination, or it could be the very top of a bubble-like valuation. While the truth probably lies somewhere in the middle, there are certain types of investors who should, and shouldn’t, invest in NVIDIA no matter what the reality is.

Why Shares of Banc of California are Surging Today

The company announced it concluded its internal investigation and found “no violation of law and that Jason Galanis had no indirect or direct control or undue influence over the Company.” In October 2016, a short report asked tough questions about Banc of California’s then-CEO Steven Sugarman and his possible ties to Galanis, a serial fraudster.

Why Scorpio Tankers Inc. Stock Sank 16% in January

So what went wrong? In four short words: the “Baltic Dirty Tanker Index” . This index, which tracks average industry rates for chartering “dirty” tankers transporting crude oil , has declined 22% since the new year began, falling from 1,088 points to a recent low of 846 points.

Why Diana Shipping Inc. Stock Moved Up 37% in January

As the calendar moves into February, however, Diana’s shares are moving into reverse — down more than 2% since the month began. Why this is happening is not immediately clear, although there was a lot happening elsewhere in the shipping sector last month — everything from a buyout offer for tanker company DHT Holdings .

Why DHT Holdings, Inc. Stock Advanced 13% in January

Since February began, DHT’s stock has roughly maintained its gain. DHT operates a fleet of 20 crude-oil tankers out of its headquarters in Bermuda.The prices it can charge for chartering these vessels are broadly defined by the trend line on the Baltic Dirty Tanker Index ,which tracks average industry rates for chartering “dirty” tankers transporting crude oil .And because revenue and profit tend to flow from those charter rates, the price of oil-shipping stocks can usually be expected to track the trend on the BDTI.

Why bluebird bio Stock Surged 20.7% Higher in January

After updating investors on its wide-ranging gene therapy research program at a key industry conference early in the month,shares of bluebird bio At the J.P. Morgan Healthcare Conference in early January, Bluebird Bio’s management outlined how it hopes to transform treating rare disease, including cerebral ALD , transfusion dependent beta thalassemia , and sickle cell disease. The company provided an outlook for 2022 that includes a goal of having two gene therapies on the market, two other therapies near commercialization, and four or more research programs in clinical studies.

Time to Get Greedy With Dave & Buster’s Stock

While the restaurant and amusement chain doesn’t have the profile of a flashy tech stock, it has been one of the best performers out there, climbing steadily over two years.Looking at the price chart below, you may think you missed out on a chance to cash in with the company, but this bull thesis is just heating up. Let’s take a look at a few reasons why.

Ohio drillers say 6 shale counties saw $43M tax bump

Oil-and-gas drillers in Ohio have paid $43 million in property taxes to local governments and schools in six shale counties since 2011, according to a report released Thursday. The finding by the Ohio Oil and Gas Association and Energy In Depth Ohio, a natural-gas research and education group, comes as Republican Gov. John Kasich has renewed calls for a severance-tax increase on the industry.

Cliffs Natural Resources Inc.’s Stock Surges After Crushing Estimates

Cliffs Natural Resources reported revenue of $754 million during the fourth quarter, up 58% from the year-ago quarter thanks to higher volumes and pricing, which was $78.8 million ahead of analysts’ expectations. Earnings from continuing operations, likewise, surged to $81 million, or $0.42 per share, putting last year’s net loss of $58 million in the rearview mirror.