Trending Stocks : Symantec Corporation (NASDAQ:SYMC), Tesla Motors Inc (NASDAQ:TSLA), First Bancshares Inc. (NASDAQ:FBMS), Otelco Inc. (NASDAQ:OTEL), Pacific Sunwear of California Inc. (NASDAQ:PSUN)
Home Depot said it has hired computer security firms Symantec Corporation (NASDAQ:SYMC) and Fishnet Security to help it investigate a possible breach of credit and debit card data. Symantec Corporation (NASDAQ:SYMC) belongs to Technology sector. Its net profit margin is 14.60% and weekly performance is -0.12%. On last trading day company shares ended up $24.29. Symantec Corporation (NASDAQ:SYMC) distance from 50-day simple moving average (SMA50) … Continue reading Trending Stocks : Symantec Corporation (NASDAQ:SYMC), Tesla Motors Inc (NASDAQ:TSLA), First Bancshares Inc. (NASDAQ:FBMS), Otelco Inc. (NASDAQ:OTEL), Pacific Sunwear of California Inc. (NASDAQ:PSUN)
Moving Stocks : Primo Water Corporation (NASDAQ:PRMW), Hertz Global (NYSE:HTZ), Newpark Resources Inc. (NYSE:NR), Patterson (NASDAQ:PDCO), Huttig Building Products Inc. (NASDAQ:HBP)
Lake Street Capital started coverage on shares of Primo Water Corp. (NASDAQ:PRMW) in a research note issued on Wednesday. The firm set a “buy” rating and a $6.50 price target on the stock. Primo Water Corporation (NASDAQ:PRMW) belongs to Consumer Goods sector. Its net profit margin is -16.80% and weekly performance is 5.74%. On last trading day company shares ended up $4.79. Primo Water Corporation … Continue reading Moving Stocks : Primo Water Corporation (NASDAQ:PRMW), Hertz Global (NYSE:HTZ), Newpark Resources Inc. (NYSE:NR), Patterson (NASDAQ:PDCO), Huttig Building Products Inc. (NASDAQ:HBP)
Biotech News: United Therapeutics Remains Strong Due to a Patent Case Win
United Therapeutics Corporation (UTHR) shares surged approximately 28.5% after the company announced that the U.S. District Court for the District of New Jersey has rendered a favorable decision in the Remodulin patent infringement lawsuit against Sandoz, the generic division of Novartis (NVS). As per the court’s ruling, Sandoz will not be able to launch its generic version of Remodulin until patent no. 6,765,117 protecting Remodulin … Continue reading Biotech News: United Therapeutics Remains Strong Due to a Patent Case Win
Bitcoin News: A Look at Bitcoins in Gambling
Gambling is big business, and online gambling represents a significant and growing proportion of that business – about 8% currently. Research company H2 Gambling Capital, which values the online gambling market in terms of gross winnings, put the global market value at €21.73bn ($28.54bn) in 2012. Furthermore, the firm expects a 9.13% compound annual growth rate through 2015.
Right now bitcoin gambling only accounts for a tiny percentage of the total of online gambling revenues. However, it is clear that the opportunity exists to make significant income within the industry and, with bitcoin’s advantages in terms of low-cost, speedy payments, cryptocurrency-based gambling firms are doing their best to do just that.
The bitcoin world loves to gamble, in one form or another. In his book, The Anatomy of a Money-like Informational Commodity, Tim Swanson points out that half the transactions on the bitcoin network were being used to transmit bets to SatoshiDice, one of the earliest bitcoin betting sites, created by Eric Voorhees.
News on Bitcoins
Further, an analysis in August 2013 showed that roughly 5% of the value of all bitcoin transactions in June that year were flowing through SatoshiDice. That means lots of very small transactions, which is, after all, one thing that cryptocurrencies are very good at.
Ivan Montik, CEO at SoftSwiss, provides online casino software for entrepreneurs, and its solutions support fiat and bitcoin gambling. “We’ve got about 400 requests for the launch of a bitcoin casino in the last six months,” he said. “We constantly have three to five casinos in the set-up phase, and could have had more if we had more resources.” Not all bitcoin bets are low in value. Montik said that there are some high rollers in crypto-land.
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Microsoft MSFT News: Windows 9 Name Leaked
Windows 9 has been the talk of the technology community as rumors about it continue to run hot and heavy. There has been some confusion about the name, with some referring to it by the Windows 9 name and others using the reported codename Threshold. Now Microsoft Corporation (NASDAQ MSFT)’s China business has apparently let the cat out of the bag—on accident. Although the tech … Continue reading Microsoft MSFT News: Windows 9 Name Leaked
Stock Focus: Apple (NASDAQ AAPL) Users Get Options to Sell Old iPhones
Apple Inc (NASDAQ AAPL) is trying to capture the global market with the iPhone 6. The unveiling is surely just days away at an event scheduled for Sept. 9. At this point, many iPhone owners are trying to sell their iPhone 5S, 5 and 5C at good prices to grab the latest device when it arrives. An article from the LA Times lists various options … Continue reading Stock Focus: Apple (NASDAQ AAPL) Users Get Options to Sell Old iPhones