Category: Software

Finance, Software

Bitcoin News: Russia Proposes Monetary Penalties on Bitcoin Usage

The Ministry of Finance of the Russian Federation has released the full version of the draft bill that, if passed in current form, would effectively ban the creation and distribution of software that allows for the use of money substitutes, including bitcoin and all digital currencies. First announced as a proposal in August, the news marks the first time that the Ministry of Finance has … Continue reading Bitcoin News: Russia Proposes Monetary Penalties on Bitcoin Usage

Richard Atkins
Analysis, BioTech, Diversified Tech, Finance, Mergers & Acquisitions, Semiconductors, Services Sector, Software, Tech IPO, Venture Capital

Loans Help Boost 2Q for USB

U.S. Bancorp USB reported net income of attributable to common shareholders of $1.4 billion, or $0.76 per diluted share, for the second quarter of 2013 compared with $1.3 billion, or $0.71 per diluted share, for the second quarter of 2012. Loans grew 7.4% compared with a year ago, primarily in commercial and residential loans. Low interest rates, primarily in investment securities, continued to pressure yields … Continue reading Loans Help Boost 2Q for USB

Richard AtkinsLeave a comment
Finance, Software

Bitcoin Speculation: Analysing Bitcoin’s Potential in Travel Industry

Though undeniably popular with its ardent supporters, bitcoin is arguably still searching for a practical application that makes it indispensable to mainstream users. That doesn’t mean there aren’t real use cases for bitcoin that could bring the kind of payments revolution many in the industry are hoping to achieve, though. Being both digital and decentralized, bitcoin is already a globalized electronic currency that operates across … Continue reading Bitcoin Speculation: Analysing Bitcoin’s Potential in Travel Industry

Richard Atkins
Analysis, BioTech, Diversified Tech, Finance, Mergers & Acquisitions, Semiconductors, Services Sector, Software, Tech IPO, Venture Capital

GPC Misses Street EPS Estimate

Genuine Parts Company reported earnings per share of $1.17, $0.04 less than the Street consensus but $0.09 better than year-ago EPS. The Street was expecting better performance from Genuine Parts’ office products and electrical wholesale operations. With the automotive group performing well and our expectation that the industrial and electrical/electronic (EIS) groups should improve as the year progresses, plus the accretion from the Exego acquisition, … Continue reading GPC Misses Street EPS Estimate

Jason KnoxLeave a comment
Analysis, BioTech, Diversified Tech, Finance, Mergers & Acquisitions, Semiconductors, Services Sector, Software, Tech IPO, Venture Capital

FWRD 2Q Consolidated Revenue Increased

Forward Air’s FWRD second-quarter consolidated revenue increased 8% but was roughly flat when excluding the addition of TQI, which was acquired in March. The core airport-to-airport business fell 5% from last year, driven by 3% deterioration in total yield and a low-single-digit fall in tonnage. A large portion of the revenue decline relates to a previously announced customer loss ($6 million impact). Forward Air Solutions … Continue reading FWRD 2Q Consolidated Revenue Increased

Jason KnoxLeave a comment
Finance, Software

Bitcoin News: Projecting Next Price Rise For Bitcoins

The past weekend rounded up the recent trend of brutally high-volume selling on Chinese bitcoin exchanges. On 28th September, bitcoin dropped to a new five-month low of $372.35. The previous record low for Coindesk’s Bitcoin Price Index (BPI), is the six-month bottom reached on 10th April at $360.84. Meanwhile, trading volumes touched historical highs for the third consecutive week, with 73.8% of bitcoins traded over … Continue reading Bitcoin News: Projecting Next Price Rise For Bitcoins

Richard Atkins