Heads-up News 

Tokyo Trading Session Heads Up Wednesday, January 31, 2018

Tokyo opening news digest

Massachusetts probe into Steve Wynn hinges on $7.5 million settlement to manicurist

The Massachusetts Gaming Commission first heard about the payout when it was reported by the Wall Street Journal on Friday.

 

Alan Greenspan: ‘We have a stock market bubble’

Alan Greenspan, the former Fed chairman, sounds an alarm about both stocks and bonds.

 

Yellen Era End With Whimper, But Rate Hikes To Come

Janet Yellen’s term as Federal Reserve Chair ended with a whimper as the Fed’s policy committee voted unanimously to not raise interest rates, but hinted it may do so when her successor takes office next month.

 

Microsoft’s Surface PC business is barely growing, despite launching 3 new products

Microsoft’s laptops, tablets, and devices aren’t showing huge growth, but the company is selling premium devices that command a higher price.

 

The GOP tax law unintentionally created the potential for a huge disaster if Congress doesn’t act

A report from the CBO found that the new debt ceiling deadline could fall right around the DACA deadline, which could make both negotiations tougher.

 

Mark Zuckerberg boasts that changes to Facebook have caused people to spend 50 million fewer hours on the social network every day

Here’s a new one: Facebook is bragging about changes that caused people to spend less time on its social network.

 

Pandora hatches plan to save $45 million, expand in Atlanta

Pandora Media Inc. P, +3.69% shares rose more than 2% late Wednesday after the streaming company announced a plan to save about $45 million and said i

 

Citrix shares slide as company misses Wall Street’s revenue estimate, quarterly loss

Shares of Citrix Systems Inc. CTXS, +0.08% retreated in Wednesday’s extended session after the software company turned in a quarterly loss and a reven

 

Chevron raises dividend to $1.12

Chevron Corp. CVX, +0.10% said late Wednesday its board of directors agreed on a dividend of $1.12 a share, payable March 12 to shareholders of record

 

Symantec shares down 5% on lower FY 2018 guidance, quarterly miss

Shares of Symantec Corp. SYMC, +2.29% fell nearly 5% late Wednesday after the cybersecurity software maker reported fiscal 2018 third-quarter revenue

 

PayPal stock falls after fourth-quarter earnings

PayPal Holdings Inc. PYPL, +1.84% shares fell in the extended session Wednesday after the payments company reported fourth-quarter results that beat e

 

Cheer Up

Adage:

How to survive a stock market crash — Go on a talk show and claim stock losses are actually good for the soul. Write a hasty book about it, make millions, then write it all off.

Cartoon:


Image courtesy: www.forexfactory.com

Have a nice trading!




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