Heads-up News 

Tokyo Trading Session Heads Up Tuesday, June 12, 2018

Tokyo opening news digest

Is Bitcoin Building Support Above $6,000?

Bitcoin has been trading above $6,000. Is it building support?

 

What Are Western Digital’s Key Sources Of Revenue?

This note takes a look at Western Digital’s key revenue streams, and what to expect from them in the coming years.

 

Morgan Stanley’s CEO let it slip just how many billions the bank is spending on tech

BI PRIME: As a percentage of overall expenses, Morgan Stanley devotes twice the amount to tech spend as rival Citi.

 

AT&T sinks after court approves its $85 billion bid for Time Warner

“Everything’s on the line now for the Department of Justice,” Gene Kimmelman, a former DOJ antitrust official who now runs a consumer advocacy group, said. “They either come out as enormous victors … or they’ll face an avalanche of new transactions if they lose this case.”

 

H&R Block shares plunge 14% after company’s Q1 results

Shares of H&R Block Inc. HRB, +0.75% fell more than 14% late Tuesday after the tax-preparation company reported a first-quarter earnings beat and incr

 

API data reportedly show a climb in U.S. crude supply

The American Petroleum Institute reported Tuesday that U.S. crude supplies rose by 833,000 barrels for the week ended June 8, according to sources. Th

 

Pivotal Software hits new highs after first earnings report since IPO

Pivotal Software Inc. PVTL, +1.29% jumped 8% in immediate after-hours trading Tuesday after the company released its first quarterly earnings report s

 

Shares of Tommy Bahama parent fall more than 6% after sales miss

Shares of Oxford Industries Inc. OXM, +2.71% fell more than 6% late Tuesday after the parent company of apparel brands such as Tommy Bahama and Lilly

 

Cheer Up

Adage:

Then again, bears spend the winter hiding in a cave and sleeping. I mean, I sleep standing up.

Cartoon:


Image courtesy: www.profitf.com

Have a nice trading!




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