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Daily Archives: August 11, 2017

Why Luxoft Holding, Inc. Stock Plunged Today

What happened Shares of Luxoft Holding Inc. (NYSE: LXFT)  are plummeting today, down 28.2% as of 11:15 a.m. EDT, after the software engineering company posted disappointing fiscal first-quarter 2018 results. Luxoft’s quarterly revenue climbed 17.5% year over year to $209.2 million, while adjusted net income per share fell 19.4% to …

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'Help me': Glasses cam shows moment cop shot

Footage captured by a camera in a US police officer’s glasses shows the moment he was shot four times by a gunman in his neck, left arm and upper torso. Estill officer Quincy Smith – who purchased the camera glasses himself – was responding to a call on New Year’s …

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Tough Economic Conditions Can't Hold United Breweries Back

Compania Cervecerias Unidas (NYSE: CCU) is a diversified beverage company that does business throughout much of South America. Headquartered in Chile, the company known in English as United Breweries has much of its fortunes tied to the local economies. When times are tough, United Breweries has to work harder in …

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Kenyan president re-elected, opposition rejects result

Kenya’s President Uhuru Kenyatta secured a second term in office, the election commission announced this evening, but the opposition rejected the result saying the process was undermined by fraud. Mr Kenyatta (below) got 54.3% of Tuesday’s vote, ahead of rival Raila Odinga who secured 44.7%, according to figures released by …

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WeWork acquires Israeli startup Unomy to boost its enterprise sales efforts

Global co-working behemoth WeWork is best known for providing flexible office rentals to startups and other small businesses, but enterprise clients are becoming an increasingly large portion of its business. With that in mind, WeWork has acquired Israeli startup Unomy to help its team sell enterprise clients on the idea of opening offices …

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Could Boeing Stock Go Up Another 36%? 1 Analyst Thinks So

Every day, Wall Street analysts upgrade some stocks, downgrade others, and “initiate coverage” on a few more. But do these analysts even know what they’re talking about? Today, we’re taking one high-profile Wall Street pick and putting it under the microscope… Boeing (NYSE: BA) stock has soared 75% over the …

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Govt criticised over lack of Magdalene investigation

A United Nations committee has criticised the Government for failing to implement its recommendations to investigate allegations of ill treatment of women in Magdalene Laundries. It has also called for urgent measures to improve the staffing of the Republic’s prisons and to convene an independent review of the entire prison …

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