Tag Archives: platforms
Goldman’s bond trading slump stirs profit concerns
By Lauren Tara LaCapra and Tanya Agrawal (Reuters) – Goldman Sachs Group Inc said revenue from trading bonds with clients fell 7 percent in the first quarter, raising questions about the health of the bank's biggest money maker and the prospects for fixed-income trading profits on Wall Street. Equities trading revenue has been squeezed for years across Wall Street by the growth of online trading platforms, but the fixed-income, currency, and commodities business has only recently begun facing similar pressures Continue reading
BlackBerry Stays Alive; Apple Expands Its Universe: Tech Weekly
NEW YORK (TheStreet) — BlackBerry posted a profit, stunning Wall Street, as the handset maker fought to live another day. BlackBerry earned 22 cents a share on $2.7 billion in revenue during its fiscal fourth quarter. Analysts polled by Thomson Reuters expected the company, formerly known as Research In Motion, to lose 29 cents on $2.84 billion in revenue Continue reading
CME Says Swap Migration Underway as Profits Fall 78%
CME Group Inc. (CME) said Tuesday new business is flowing toward its exchange platforms from the huge over-the-counter derivatives market, ahead of a March deadline set by U.S. regulators for new trading rules. Continue reading
NetDragon to Announce Third Quarter 2012 Financial Results on 23 November 2012
HONG KONG, Nov. 8, 2012 /PRNewswire/ — NetDragon Websoft Inc. Continue reading
Oil, Gas Firms Restaff U.S. Gulf Platforms, Refineries
The U.S. Continue reading
Big-name U.S. retailers join forces to create mobile payment solution
A number of big-name retailers including Walmart (WMT), Best Buy (BBY) and Target (TGT), have joined forces to create a company that will give customers another way to make payments with their smartphones, the Associated Press reported on Wednesday. The company, called Merchant Customer Exchange, is in the process of developing a mobile application that will offer customers a variety of coupons, rebates and access to loyalty programs, across nearly all smartphone platforms Continue reading
Megaupload Founder Kim Dotcom Returns to Twitter, Promotes ‘Megabox’
Kim Dotcom, the quixotic millionaire founder of file-sharing service Megaupload who’s wanted for extradition to the U.S., returned to Twitter this week to prove to the world he’s still creating new platforms despite his entanglements with law enforcement. Continue reading
Oil Producers Evacuate Nonessential Staff From U.S. Gulf as Storm Nears
BP PLC (BP, BP.LN), ConocoPhillips (COP) and Apache Corp. (APA) are starting to evacuate nonessential personnel from their Gulf production platforms as a storm system in the region edges north, the companies said Saturday. Continue reading
