Teens’ shifting habits are destroying mall brands like Macy’s and Nordstrom
By Mallory Schlossberg From Business Insider Teens are changing the retail sphere as we know it, and brands are scrambling to catch up to their tastes. To figure out more about this elusive generation, Business Insider polled 110 teens. One…
The ECB has temporarily taken the fear out of the European bond market
By Jonathon Garber From Business Insider Back in February, European peripheral spreads versus Germany widened to levels last seen in June 2015 as investors freaked out about contingent convertible bonds, or Coco bonds. The fear was that capital levels of certain…
Cayman Islands: BeiGene, Ltd. (BGNE) plans to raise $126M in February 4th IPO
By John Broton From EMQ News & Analysis BeiGene, Ltd. (BGNE) plans to raise $126 million in an IPO on Thursday, February 4th. The company will be issuing 5,500,000 shares at a price of $22.00-$24.00 per share. In the last 12…
Standard Chartered: Oil poised to plunge to $10 a barrel
From Newsmax One bearish investment bank now warns that the price of oil may continue to plunge until it hits $10 a barrel. Standard Chartered became the latest major bank to downgrade its oil outlook, predicting crude will tumble to $10….
epic downfall of the casino
The epic downfall of the casino that was supposed to save Atlantic City By Max Nisen From Business Insider Revel Atlantic City Wikimedia Commons NOTE: This is an updated version of a feature originally authored in 2013 by Max Nisen,…
The iPhone 6 may deliver a devastating blow to iPad sales
By Tero Kuittinen From BGR We’ve known for a while that tablet market growth has not been what people expected. Apple’s double digit sales decline of iPad units in the March quarter was one ill omen. Nevertheless, the new Morgan…
Herbalife expects 4Q profit to beat Street
From Bradenton Herald Herbalife expects its fiscal fourth-quarter and full-year adjusted earnings will come in above Wall Street’s expectations. The company also announced a $1 billion notes offering and increased its stock repurchase program by $500 million to $1.5 billion….