Category: Financial Markets
Financial Markets News: Healthcare REITs Continue to Enjoy Record-Setting Profitability
Last year, many analysts forecast that the growth of healthcare real estate investment trusts (REITs) would likely slow in 2013 and beyond as uncertainty about healthcare regulations, funding, and accessibility affected all facets of the medical market. So far, however, it appears that those analysts were wrong. Healthcare-focused REITs are still bringing in big bucks [...]
Financial Markets News: Jamie Dimon Holds Onto Positions at JPMorgan Chase
Embattled JPMorgan Chase (JPM) CEO and board chairman Jamie Dimon faced down a proposal to split his roles at the company and retained both of his positions this week, and investors appear to be happy with the outcome. Dimon had hinted at quitting if he were ousted from either position, which appeared to sway many [...]
Financial Markets News: Apple Disputes Allegations of “Tax Gimmicks”
Insisting that his company pays “all the taxes we owe – every single dollar,” Tim Cook, CEO of Apple (APPL), testified before the Senate Permanent Subcommittee on Investigations yesterday to respond to a report released by the committee on Monday. The report alleged that Apple avoids paying billions of dollars in U.S. taxes by shifting [...]
Financial Markets News: Solar Company Surges Forward
After all the bad news about solar energy last year, many investors have written this form of investment off completely. However, some solar energy companies are actually thriving in today’s market, including SolarCity (SCTY), a company which installs solar energy systems for residential and commercial customers. The company did stay true to trends by posting [...]
Financial Markets News: Yahoo! Coughs Up Billions for Tumblr
In what some analysts are calling a bid to be “cool again,” Yahoo! (YHOO) is considering making a pretty major purchase: social media website Tumblr. Yahoo’s board of directors has approved the $1.1 billion, all-cash purchase, and Tumblr will continue to operate as an independent business under current founder and chief executive David Karp[1]. Although [...]