According to a report by TechNavio published last year, the global business accounting software market is estimated to grow at CAGR of 6%, forecast to reach $4.1 billion by the year 2021. BlackLine (NASDAQ:BL) is a SaaS-based finance and accounting firm that’s trying to chip away at this market opportunity.
BlackLine’s first quarter revenues....More>>>
After what seemed to be an interminable year, 2016 finally closed out and we completed the first week of trading for 2017. The same top goal was in place for the market again last week: the race to 20,000 for the Dow Jones Industrial Average. The markets zig-zagged back and forth all week as investors prepared for fourth-quarter earnings results, which will start in earnest this week.
Japan’s Fujifilm is taking control of Xerox and shedding 10,000 jobs at their existing joint venture in Asia.
Struggling with falling demand for copiers and printers, Xerox has agreed to merge its operations with Fuji Xerox, the joint venture that has been in business since 1962, the companies said Wednesday.
As part of the Fujifilm deal, existing Xerox shareholders will....More>>>
Shares ofBest Buy Co(NYSE:BBY) finished lower today after the electronics retailer posted strong results in its first-quarter earnings, but offered a weak outlook. The subsequent sell-off fit a pattern this earnings season as retailers have widely reported strong first quarters, but many of the sector’s stocks fell on the news as investors remain skeptical about brick-and-mortar....More>>>
W&T Offshore Inc (NYSE:WTI) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. W&T Offshore Inc is engaged in the oil & gas sector. The company explores and develops oil & gas properties in Mexico. W&T Offshore Inc has a market cap of $527.860 million; its shares were traded at around $3.83 with a P/E ratio of 3.69 and P/S ratio of 1.09.
One thing that investors new to the stock market often don’t look at is a company’s market capitalization, which is the “total market value of a company’s outstanding shares of stock.” This is a much more meaningful metric than, say, stock price, because it tells you how the market values the business.
If, as an investor, you think that a company’s business....More>>>
If you’re like most modern-day stock market players, technical analysis likely plays at least a small part in your investment process. Even if you don’t study the charts yourself, you probably read some analysis of “bullish” and “bearish” patterns on stocks you own or are thinking of buying.
All stock trading platforms and brokers provide some type of charting....More>>>
AFP/Getty Images Dont care. ....More>>>
Foundry Partners LLC increased its stake in shares of ScanSource, Inc. (NASDAQ:SCSC) by 6.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 119,041 shares of the industrial products company’s stock after purchasing an additional 7,361 shares during the quarter. Foundry Partners LLC’s holdings in ScanSource....More>>>
Tencent (OTCMKTS: TCEHY) and Donnelley Financial Solns (NYSE:DFIN) are both computer and technology companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, dividends, profitability, earnings, institutional ownership, valuation and risk.
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The cost to a U.S. company of a single lost or stolen digital record containing sensitive or confidential information reached $221 this year, up 2% year over year. The average total cost to a company from a data breach rose 7% to $7.01 million.
On average, a single breach involved nearly 30,000 records, in a range of 5,125 to 101,520.
The research was conducted by the Ponemon Institute....More>>>
An erosion of their wealth may not be the only piece of bad news for those who hold Punjab National Bank’s (PNB) stock. The 125-percent fall in its price since January has resulted in the bank’s market capitalisation falling to less than that of its subsidiary PNB Housing Finance.
According to data available with BSE, PNBs market caphas fallento Rs 20,925.15 crore, less than....More>>>
Leon Cooperman, the billionaire founder of hedge fund Omega Advisors Inc., said the stock market is “fairly valued” and valuations of technology companies are reasonable.
"I’m kind of neutral to mildly positive about the market,” Cooperman said in an interview with CNBC on Tuesday, adding that he doesn’t see many signs of euphoria. But he said: "I....More>>>
Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in shares of American Assets Trust (NYSE:AAT) by 10.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,227 shares of the real estate investment trust’s stock after buying an additional 3,890 shares during the period. Sumitomo Mitsui Trust Holdings Inc. owned....More>>>
Brokerages expect World Fuel Services Corp (NYSE:INT) to announce earnings of $0.45 per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for World Fuel Services’ earnings, with the highest EPS estimate coming in at $0.48 and the lowest estimate coming in at $0.41. World Fuel Services reported earnings of $0.50 per share in the same....More>>>