Active Watch List : General Electric Company (NYSE:GE), Hertz Global Holdings (NYSE:HTZ), PennantPark (NASDAQ:PNNT), Fair Isaac Corporation (NYSE:FICO), Stereotaxis (NASDAQ:STXS)
A joint venture of General Electric Company (NYSE:GE) and Ferus Natural Gas Fuels, along with Statoil (STO), a leader in the oil and gas exploration and production industry, announced the planned expansion of a pilot project to capture flare gas and use it to power up to six of Statoil’s drill rigs and one frac fleet in North Dakota. General Electric Company (NYSE:GE) belongs to … Continue reading Active Watch List : General Electric Company (NYSE:GE), Hertz Global Holdings (NYSE:HTZ), PennantPark (NASDAQ:PNNT), Fair Isaac Corporation (NYSE:FICO), Stereotaxis (NASDAQ:STXS)
Stocks in News: RadioShack Corp. (NYSE:RSH), ServiceNow (NYSE:NOW), Agile Therapeutics (NASDAQ:AGRX), SLM Corporation (NASDAQ:SLM), White Mountains Insurance Group, Ltd. (NYSE:WTM)
RadioShack Corp. (NYSE:RSH) stock got caught up in a downward spiral in yesterday’s trading session and plunged 22.92%, followed by a further 10.68% fall to 84 cents during after-market trading. This was the result of a statement from Wedbush Securities that the American electronics-retail chain is a sinking ship and approaching bankruptcy. RadioShack Corp. (NYSE:RSH) belongs to Services sector. Its net profit margin is -12.40% … Continue reading Stocks in News: RadioShack Corp. (NYSE:RSH), ServiceNow (NYSE:NOW), Agile Therapeutics (NASDAQ:AGRX), SLM Corporation (NASDAQ:SLM), White Mountains Insurance Group, Ltd. (NYSE:WTM)
Hot News: Nokia Corporation (ADR) (NYSE:NOK), STMicroelectronics NV (NYSE:STM), Radware Ltd. (NASDAQ:RDWR), Inuvo, Inc. (NYSEMKT:INUV), Biota Pharmaceuticals, Inc. (NASDAQ:BOTA)
Microsoft has already made it clear that it’s planning to phase out the Nokia Corporation (ADR) (NYSE:NOK) name in its mobile products, and a newly leaked internal document confirms just that. The document, which was obtained by tech blog GeeksOnGadgets, reportedly says upcoming Nokia Lumia devices will soon be branded as just “Lumia.” Nokia Corporation (ADR) (NYSE:NOK) belongs to Technology sector. Its net profit margin … Continue reading Hot News: Nokia Corporation (ADR) (NYSE:NOK), STMicroelectronics NV (NYSE:STM), Radware Ltd. (NASDAQ:RDWR), Inuvo, Inc. (NYSEMKT:INUV), Biota Pharmaceuticals, Inc. (NASDAQ:BOTA)
Best Stocks: Barrick Gold Corporation (NYSE:ABX), Melco Crown Entertainment Limited (NASDAQ:MPEL), Brookdale Senior Living Inc. (NYSE:BKD), Unitil Corp. (NYSE:UTL), Oceaneering International, Inc. (NYSE:OII)
Barrick Gold Corporation (NYSE:ABX)’s cost-cutting may not be helping the company. For example, at Goldstrike (a large mine in Nevada), all-in sustaining costs decreased from $1,226 to $886 year over year. But that’s because Barrick focused on mining much higher-grade ore. The company also cut sustaining capital expenditures by 15%. Such a strategy is not sustainable in the long run if the company wants to … Continue reading Best Stocks: Barrick Gold Corporation (NYSE:ABX), Melco Crown Entertainment Limited (NASDAQ:MPEL), Brookdale Senior Living Inc. (NYSE:BKD), Unitil Corp. (NYSE:UTL), Oceaneering International, Inc. (NYSE:OII)
Biotech Stock Review : Keryx, Sangamo, Regeneron Pharma, Sunesis & Idera Pharma
On Wednesday, September 10, 2014, the NASDAQ Composite ended at 4,592.29, up 0.20%, the Dow Jones Industrial Average declined 0.15%, to finish the day at 17,111.42, and the S&P 500 closed at 2,001.54, down 0.31%. The losses were broad based as eight out of ten sectors ended the session in negative. The S&P 500 Health Care Sector Index ended the day at 741.59, up 0.05%, … Continue reading Biotech Stock Review : Keryx, Sangamo, Regeneron Pharma, Sunesis & Idera Pharma
How Bitcoins would be affected by Apple News in Mobile Payments
Apple has unveiled Apple Pay, a new mobile payments tool that could significantly impact the way consumers transact both in-person and digitally. The new service was outlined as part of a broader demonstration of the iPhone 6 and iPhone 6 Plus, both of which were introduced at Apple’s event in Cupertino, California, on 9th September.
Apple Pay is integrated with existing infrastructure, including Secure Element and Touch ID, while the iPhone 6 introduces near-field communication (NFC) functionality, enabling tap-and-go payments for users of the device. Additionally, Apple has partnered with a cluster of well-known businesses to deploy the infrastructure for the payments feature, which includes McDonald’s, Whole Foods and Disney.
When launched, Apple Pay will build a bridge between the company’s consumer technology and the traditional payments network. VISA, American Express and MasterCard, the world’s biggest credit card service providers, have signed up, and the ‘Big Six’ American – Citi, Bank of America, Capital One, Wells Fargo, Chase and Barclays, among others – are also onboard. As CEO Cook explained, Apple is seeking to invigorate what is essentially decades-old technology through the use of Apple Pay.
News on Bitcoins
However, the question remains: What impact will the announcement have on bitcoin and digital currency?
Apple’s presentation didn’t contain any new information related to bitcoin, a subject the company has been silent on since it lifted its ban on bitcoin apps in June. However, Apple CEO Tim Cook noted during his presentation that the developer API for Apple Pay would be released, an announcement that presents a potential avenue for developers to create bitcoin-centric apps using the tool.
Although the gadget-centric tech press likes to focus on physical products, Apple’s new mobile payments service is just as interesting, albeit from a different angle. What sets Apple Pay apart from the competition is the scale and comprehensiveness of Apple’s operation.
Bitcoin News Video
Watch this video for more “News on Bitcoin”.
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