Author Archive: Jeremy Parkinson
E Is The Fintech Industry’s Growth Under Threat From Cyber Attacks?
The fintech industry is becoming one of the go-to places for entrepreneurs looking to launch their careers into the internet space, and this not only creates business for the already thriving players in the market but also opens more doors for new ones to enter. Fintech is the short form for financial technology, and thanks to […]
BrainStorm Strengthens Management Team, Expands Board
TM editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence. Over the past month, BrainStorm Cell Therapeutics (Nasdaq: BCLI) has made a significant effort to increase the credibility of the story to investors. On March 6, 2017, the company announced that Ralph Z. […]
Natural Gas Ready For Big Move
Crude could go sharply higher, or lower very quickly. What about natural gas? Video Length: 00:20:09
LSEG unlikely to win approval for €29bn merger
A proposed €29bn ($30.7bn) merger between the London Stock Exchange Group (LSEG) and Deutsche Börse is under threat after the LSEG warned it was unlikely to receive approval from the European Commission. As part of their conditions for approving the merger, Brussels-based antitrust regulators have ordered the LSEG to sell its 60 percent stake in […]
RBS cuts costs amid £7bn losses
The Royal Bank of Scotland (RBS) has reported a £7bn ($8.8bn) loss for 2016, prompting a new cost cutting plan that it is hoped will return the bank to profit in 2018. The figure is well above the £2bn ($2.5bn) loss posted by the bank in 2015, and has exceeded analysts’ expectations. This marks the ninth […]
SoftBank strengthens with Fortress acquisition
On February 15, Japanese tech giant SoftBank announced an agreement to acquire Fortress; marking a drastic shift away from the company’s traditional focus on technology and communications holdings. Fortress is a prominent private equity firm managing a highly diversified range of assets including private equity, credit and real estate. The acquisition will cost SoftBank approximately […]
Anthem-Cigna merger blocked by Federal Judge
On February 8, the proposed merger between rival insurance giants Anthem and Cigna was blocked due to competition concerns. Had the merger gone ahead, the company would have become the largest insurance company in the US by membership – boasting a total annual revenue of $115bn and providing coverage to approximately 53 members. At the […]
Brexit made official as Parliament passes key bill
While the UK’s popular vote to leave the European Union took place over seven months ago, Parliament had the final say on February 1: voting to officially trigger the legal process of Brexit. The decision to invoke Article 50 – the bill establishing the legal proceedings through which member states may withdraw from the EU […]
Dow Jones reaches record high
The Dow Jones Industrial Average made financial history on January 25, breaking through the 20,000 barrier for the first time. The broader S&P 500 and the Nasdaq index also reached new records, bolstered by President Trump’s early executive actions on infrastructure and deregulation. The Dow Jones index broke the barrier following the president’s renewed pledge to […]
Are Interest Rates No Longer Driving The Dollar?
The US 10-year yield is at its highs for the year, and yet the US dollar has been struggling to gain traction. Some suggest that this means that the dollar rally is over. Charts like this one are circulating among market participants. This Great Graphic was created on Bloomberg. The white line is the Dollar Index, […]
