Tag Archives: not

Skeleton keys open doors for all governments, not just ours

Does the U.S. government have the right to examine any of our private information, no matter how it’s stored, with a properly executed warrant? That’s the crux of the latest battle between Apple and the FBI. As you can read elsewhere on Macworld, the United States District Court of California has issued an order requiring Apple to build firmware to ... Read More »

White House: FBI is not asking Apple for a ‘backdoor’ to the iPhone

The White House said it is not the aim of the government to compromise the security of Apple’s iPhone, as it only wants the company to help in the case of one phone that was used by a terrorist in the San Bernardino, California, attack on Dec. 2. Google, Mozilla and some other tech organizations and civil rights groups have ... Read More »

Wall Street loves Apple. Investors? Not so much

Despite a declining stock and a number of ominous warnings from suppliers, analysts still expect solid earnings from Apple, when the world’s most valuable company reports after the bell Tuesday. The Cupertino California-based company is expected to post revenue of $76.6 billion, up from $74.59 billion in the year-ago period, according to analysts surveyed by Thomson Reuters. Earnings are expected ... Read More »

Fidelity: Our clients are not panicking

Given the stock market’s rocky start to the New Year, you would think that the phones at a big mutual fund company like Fidelity Investments would be ringing off the hook, but that assumption would be wrong. Instead of panicking about the sell-off, a lot of the Boston-based company’s clients are putting more money to work. “We have about 30 ... Read More »

Why oil should NOT be dictating stock moves: Citi

As oil prices tumble, stocks have followed. The relationship between crude and stocks, which has taken center stage in this tumultuous new year, is “unwarranted,” Citi chief U.S. equity strategist Tobias Levkovich said Monday “I think the relationship between oil and the markets are overdone and I think the reason that people focus on it is they’re thinking about it ... Read More »

Larry Fink: I’m more bullish on stocks, but not oil

BlackRock Chairman and CEO Larry Fink said Friday he’s more bullish on stocks than he was a week ago, but he believes crude hasn’t hit bottom despite the recent rally in depressed oil prices. “I think China has been acting a little more sensibly. They’ve been more rational. They’ve been more consistent. I think that’s really stabilized the [stock] market,” ... Read More »

Larry Fink: I’m more bullish on stocks, but not oil

BlackRock Chairman and CEO Larry Fink said Friday he’s more bullish on stocks than he was a week ago, but he believes crude hasn’t hit bottom despite the recent rally in depressed oil prices. “I think China has been acting a little more sensibly. They’ve been more rational. They’ve been more consistent. I think that’s really stabilized the [stock] market,” ... Read More »

Gundlach: Declines not stopping anytime soon, suggest ‘margin calls’ taking place

Getty Images Jeffrey Gundlach Jeffrey Gundlach, co-founder and chief executive of DoubleLine Capital, said on Wednesday that the major declines in equity and credit markets could suggest that “margin calls are going on.” In a telephone interview, Gundlach said he did not expect the high-yield junk bond market to bottom out unless the volatility index rises over 40. “This is ... Read More »

Profits pullback is not just about oil anymore

When it comes to the corporate earnings recession, the damage is spreading well beyond the energy sector. Fourth-quarter earnings would be negative even without counting energy, the first time that’s happened since S&P 500 profits turned negative in 2015, according to the latest numbers from S&P Capital IQ. The projection outside of energy is barely negative, at -0.1 percent, but ... Read More »