Recently consumer electronics seller Best Buy Co Inc. (NYSE:BBY) released its third quarter results. The figures had a tepid reception on Wall Street and soon after the earnings call, investors began to abandon BBY stock. The share price has recovered somewhat from the initial shock, but BBY stock is still down 2% from last week and 7.26% since August.
We are likely to see BBY stock....More>>>
The objective of the liquidity operations conducted by the Reserve Bank of India (RBI) is not to manage the price of bonds, but to drive its monetary policy goals to manage money supply in the system, said the central banks Deputy Governor Viral Acharya, dampening expectations of bond purchases by RBI.
In the third consecutive pause, RBI kept its main repo rate unchanged at 6.00 percent....More>>>
Ultra-low cost carrier Frontier Airlines is doubling in size.
The expansion, announced Tuesday, will add 21 new cities and 85 new routes to the airline’s network. By the summer of 2018, Frontier will operate 314 non-stop flights. That’s double what it flies today.
“These new flights will allow us to serve even more of America and make flying a truly affordable....More>>>
President Trump has put his version of tax “reform” on the table. Welcome to the Walking Dead version of tax policy.
Once again, the false promise of lowering tax rates to stimulate economic growth is back from the dead. Its underlying philosophy never worked, and it will shift trillions away from projects that would actually create jobs and help our country prepare for the....More>>>
Cisco Systems, Inc. (NASDAQ: CSCO) reported fiscal first-quarter financial results after markets closed Wednesday. The company said that it had $0.61 in earnings per share (EPS) and $12.1 billion in revenue, compared with consensus estimates from Thomson Reuters that called for $0.60 in EPS on $12.11 billion in revenue. The same period from last year had $0.61 in EPS and $12.35 billion in revenue.