Cogeco Jumps After $1.4 Billion MetroCast Acquisition Deal
Canadian telecommunications firm Cogeco Communications Inc. jumped the most in three months after agreeing to buy MetroCast from Harron Communications LP for $1.4 billion, increasing its U.S. footprint with its largest deal ever. MetroCast’s cable networks cover 236,000 homes and business in New Hampshire, Maine, Pennsylvania and Virginia and are in faster-growing and higher-income communities than Cogeco’s existing U.S. […]
French Fundraising Shows Startup Cash Is Pouring Into Paris
Two of France’s bigger venture-capitalists, Partech Ventures and Idinvest Partners, are closing funds this month, adding to recent examples of investors pouring money into European startup investments. Partech Ventures said Monday it increased its latest venture fund to 400 million euros ($456 million) from the likes of Cisco Systems Inc., Nokia OYJ, Renault SA and others — more than it had initially anticipated […]
China Tells Carriers to Block Access to Personal VPNs by February
China’s government has told telecommunications carriers to block individuals’ access to virtual private networks by Feb. 1, people familiar with the matter said, thereby shutting a major window to the global internet. Beijing has ordered state-run telecommunications firms, which include China Mobile, China Unicom and China Telecom, to bar people from using VPNs, services that skirt censorship restrictions by […]
A Trader So Secret They’re Only Known by a Number Just Made Over $200 Million in One Month
An unknown cryptocurrency trader turned $55 million of paper wealth into $283 million in just over a month. The only clue about this person or persons, beyond a virtual wallet with the identification code 0x00A651D43B6e209F5Ada45A35F92EFC0De3A5184, surfaced on a June 11 Instagram posting, in Indonesian, in which he or she (or they) (or somebody posing as […]
The Ex-Cop at the Center of Controversy Over Crime Prediction Tech
A new company makes AI software in use at a handful of police departments. Can it make law enforcement more transparent? There’s a story Brett Goldstein likes to tell. It starts on a Friday night in 2010 with him sitting in a darkened Crown Victoria on a Chicago street, poring over maps. Goldstein was a […]
Canada ‘Firing on All Cylinders’ Before Rate Call, Morneau Says
The Canadian economy is firing on all cylinders and that means households have become more resilient to any new challenges, the country’s finance minister said. Bill Morneau declined to weigh in on Bank of Canada Governor Stephen Poloz’s hotly anticipated rate decision on Wednesday, expected to be the first increase in seven years, but signaled a confidence in […]
Donald Trump Jr.: I ‘had to listen’ to Russian lawyer who promised dirt on Clinton
Donald Trump Jr. in his third statement on his meeting last June with a Russian lawyer who promised damaging information about Hillary Clinton, who would soon be the Democratic presidential nominee, tweeted that he “had to listen” after the lawyer had made such assurances. “Obviously I’m the first person on a campaign to ever take a meeting […]
2 Ways Investors Like You Can Profit From Bitcoin
1000%, 2000%, 3000%, and higher returns are common in the emerging cryptocurrency market. Just last week, a trader posted screen shots showing him turning a $380 speculative bet into over $1 million in less than an hour. While this was a one-in-a-billion stroke of luck, other truly massive longer-term returns are easier to obtain and […]
Analyst Favorites With Strong Buyback Activity: DigitalGlobe
A study of analyst recommendations at the major brokerages shows that DigitalGlobe Inc (Symbol: DGI) is the #97 broker analyst pick among those stocks screened by The Online Investor for strong stock buyback activity. To make that list, a stock must have repurchased at least 5% of its outstanding shares over the trailing twelve month period. In […]
Analyst Favorites: Ternium Ranks As a Top Metals Pick
A study of analyst recommendations at the major brokerages shows that Ternium S A (Symbol: TX) is the #16 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index , according to Metals Channel . The Metals Channel Global Mining Titans Index is comprised of the top fifty global leaders […]