Bitcoin firm BitX, which focuses on bringing bitcoin services to emerging markets, has added Malaysia to its stable of exchanges. The new exchange, which has been operating live for two weeks now, allows Malaysians to link local bank accounts for both deposits and withdrawals in the local currency, the ringgit. In keeping with BitX’s goal…
Microsoft Corporation (NASDAQ MSFT) officially ended the sale of the retail copies of its Windows 7 and Windows 8 operating systems. Microsoft is expected to launch Windows 10 next year. The new operating system combines the features of Windows 7 and Windows 8. The software giant announced its decision to stop selling Windows 7 and…
Google Inc (NASDAQ GOOG) has made history with its Internet innovation – but now it’s about to leave the same mark on another industry. GOOG knows the healthcare sector is one of the fastest-growing markets today. Healthcare is a $2.8 trillion-a-year industry in the United States alone. Healthcare spending currently accounts for 18% of the…
Facebook Inc (NASDAQ FB) stock spiked in early trading on Monday following a report from Morgan Stanley which initiated coverage assigning an Overweight rating and a price target of $90 on the stock. Morgan Stanley’s Benjamin Swinburne also tells investors not to worry about the rising expenses. Facebook’s increasing expenses will hurt the stock in…
The Charles Schwab Corporation (NYSE:SCHW) is continuing to fight back against former brokers who leave its ranks. In one of its most recent actions, the firm filed suit last month against a Tampa, Fla.-based registered investment adviser, Camelot Wealth Management. Schwab accused the RIA, which was founded earlier this year by former Schwab branch manager…
“A common thread in our discussions (with supermarket industry leaders) has been declining Woolworths in-store execution,” said Morgan Stanley (NYSE:MS) analyst Tom Kierath. “Rising out of stocks, declining fresh food displays and tired stores were comments of note,” said Mr Kierath, who has cut his share price target from $31 to $30 and reduced his…
