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Adobe beats estimates in Q3 earnings, but stock falls on in-line guidance

Adobe Systems Inc. posted another solid set of financial results that beat out analysts’ expectations and set a new record in terms of quarterly revenue. The maker of creative software reported fiscal third quarter earnings of $419 million, or 84 cents per share. Show More Summary

When This Debt Bubble Bursts, Central Banks Will Turn to Money Printing... Again

Let’s face the facts. The only reason the financial system has held together so well since 2008 is because Central Banks have created a bubble in bonds via massive QE programs and seven years of ZIRP/NIRP. As a result of this, the entire world has gone on a debt binge issuing debt by the trillions of dollars. Show More Summary

How to Find and Hire a Reliable Contractor

Hiring a contractor for a home improvement project can be among the biggest financial commitments you will make. Poor project execution by a contractor can result in years of frustration and unplanned expenses. Here are four steps you can take avoid headaches by getting the best contractor to work...

BTL Group Publishes Financial Results: Revenue Down, Assets Up, Cash Need

BTL Group (symbol BTL.V) has retraced 50 percent since it peaked in the first week of June. Many readers reached out asking what to expect from BTL Group’s stock price, and whether we are on track for our 9 USD price target. The company published

Companies Suffer “Huge Missed Opportunity” In Failing To Report Strong Environmental Performance

Companies that fail to report financial value from strong environmental performance suffer "a huge missed opportunity" according to a new report published this week which analyzed environmental performance and financial results.  Companies...Show More Summary

Real Madrid post higher revenues but profits drop

5 days agoSports / Football : EPL Talk

Madrid (AFP) – Real Madrid’s revenue grew by almost nine percent last season to 674.6 million euros ($897.2 million), the European champions said on Friday. The results for the 2016/17 financial year, which Real said were without taking...Show More Summary

Equifax has terrible information security practices, and that resulted in multiple breaches

6 days agoHumor / odd : Boing Boing

Equifax's world-beating breach of 143 million Americans' sensitive personal and financial information was the result of the company's failure to patch a two-month-old bug in Apache Struts, despite multiple reports of the bug being exploited in the wild. (more…)

Oracle Earnings: What to Watch

Oracle Corp. is set to report financial results for its first quarter of fiscal 2018 after the close of trading Thursday.

EU escalates efforts to preserve rule of law in Poland

BRUSSELS (AP) — The European Union on Tuesday escalated its case against Poland over what it sees as democratic backsliding in the Central European nation, moving a step closer to a possible court case that could result in financial penalties for Warsaw.

The Real Reason Wages Have Stagnated: Our Economy is Optimized for Financialization

Labor's share of the national income is in freefall as a direct result of the optimization of financialization.The Achilles Heel of our socio-economic system is the secular stagnation of earned income, i.e. wages and salaries. Stagnating...Show More Summary

The Real Reason Wages Have Stagnated: Our Economy Is Optimized For Financialization

Authored by Charles Hugh Smith via OfTwoMinds blog, Labor's share of the national income is in freefall as a direct result of the optimization of financialization. The Achilles Heel of our socio-economic system is the secular stagnation of earned income, i.e. Show More Summary

Poll: Americans Want Financial Regulators to Prioritize Fraud Protection

Later this month the Cato Institute will be releasing an in-depth report analyzing the results of the national Cato 2017 Financial Regulation Survey. The survey, conducted in collaboration with YouGov, asked 2,000 Americans what they...Show More Summary

Former Amazon.com analyst pleads guilty to insider trading

(Reuters) — A former Amazon.com Inc financial analyst pleaded guilty on Thursday to insider trading for tipping a former college fraternity brother about the retailer’s quarterly results before they were made public. Authorities said...Show More Summary

Inequality of Opportunity: May I Have My Context Back, Please?: Hoisted from 2007

Jeebus, Greg. Context, please! The whole point of inheritance—financial, cultural, sociological—is precisely not to give everyone "the same shot". Inequality of Result + "inheritance" = Inequality of Opportunity. And that's not a good thing. Show More Summary

BMG Reports Impressive 28% Revenue Gain

BMG continued to expand its market position in the first six months of the 2017 financial year, according to financial results released this week. Overall revenue increased by 28% t to €233 million / USD $265.5 million. BMG Financial Report Highlights BMG acquires the BBR Music Group, securing a relevant...

Antonio Foglia on the financial crisis

(August 31, 2017 10:46 AM, by Alberto Mingardi) "The global financial crisis that began in August 2007 resulted from a massive, unavoidable cognitive mistake on the part of regulators and bankers." In a recent op-ed for Project Syndicate, Antonio Foglia made this point in "celebration" (not sure this... (0 COMMENTS)

Fang Holdings reports Q2 2017 financial results

Its second quarter results for 2017 indicate a decrease in revenue of 61.6% from the corresponding period in 2016 which the company attributes to the decline in e-commerce services' revenue by 166.7 million caused by a strategy change. Continue reading Fang Holdings reports Q2 2017 financial results at Property Portal Watch.

Largest survey yet of immigrant youth finds DACA is critical to our economy

The largest survey to date of Deferred Action for Childhood Arrivals (DACA) recipients finds that immigrant youth from the program are  making significant societal and financial contributions to our nation, resulting in “more prosperous...Show More Summary

Driver charged in immigrants' truck deaths enters plea

3 weeks agoNews / Crime : Crimesider

James Matthew Bradley Jr. was indicted Wednesday on five charges, including conspiracy to transport immigrants illegally for financial gain resulting in death

Why Do We Need Financial Forecasts?

Business owners and managers do financial forecasting to enhance  management. Anticipate essential flows of money to manage them better. Forecasting is a necessary first step towards managing plan vs. actual results, which means course corrections. Show More Summary

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