XRP (CRYPTO: XRP), the cryptocurrency associated with Ripple Inc., surged and tumbled in just a couple of hours at press time Thursday night.
What’s Moving: The Ripple cryptocurrency dipped and rebounded several times below the $1.098 level in a matter of a few hours on Thursday. It hit a low of $1.08 and a high of $1.24 in hours preceding press time.
Photo: The volatility seen in XRP late Wednesday. Courtesy of CoinMarketCap
The token’s volatile trading came even as other major cryptocurrencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) staged a recovery and seemed to originate from confusion surrounding the status of the cryptocurrency's trading on Coinbase Inc. (NASDAQ:COIN).
See Also: How To Buy Ripple (XRP)
Coinbase, which announced earlier this year that it has suspended trading in XRP, admitted later on Thursday that the altcoin was temporarily viewable for some of its customers on the Coinbase Pro mobile app due to a technical issue. However, the coin was not tradeable.
Hot Tech Stocks To Buy For 2023: Shopify Inc.(SHOP)
Shopify Inc. provides a cloud-based commerce platform for small and medium-sized businesses. Its platform provides merchants with a single view of their business and customers in various sales channels, including Web, tablet and mobile storefronts, social media storefronts, and brick-and-mortar and pop-up shops; and enables them to manage products and inventory, process orders and payments, build customer relationships, and leverage analytics and reporting. The company was formerly known as Jaded Pixel Technologies Inc. and changed its name to Shopify Inc. in November 2011. Shopify Inc. was founded in 2004 and is headquartered in Ottawa, Canada.
- [By Louis Navellier and the InvestorPlace Research Staff]
At the time of publication, FNF stock earned an A rating in Dividend Grader.
Best Dividend Stocks: Interpublic (IPG)
Source: Pavel Kapysh / Shutterstock.com
- [By Joseph Griffin]
TRADEMARK VIOLATION WARNING: “Northern Trust Corp Boosts Stake in Interpublic Group of Companies Inc (IPG)” was published by Ticker Report and is owned by of Ticker Report. If you are viewing this piece of content on another publication, it was copied illegally and republished in violation of United States & international trademark and copyright law. The original version of this piece of content can be read at www.tickerreport.com/banking-finance/4213616/northern-trust-corp-boosts-stake-in-interpublic-group-of-companies-inc-ipg.html.
- [By Motley Fool Transcribers]
Interpublic Group of Companies Inc (NYSE:IPG)Q4 2018 Earnings Conference CallFeb. 13, 2019, 8:30 a.m. ET
Prepared Remarks Questions and Answers Call Participants
- [By Shane Hupp]
Interpublic Group of Companies (NYSE:IPG) was downgraded by analysts at Zacks Investment Research from a buy rating to a hold rating. According to Zacks, “Interpublic is benefitting from higher organic revenue growth. The company's digital capabilities, diversified business model and geographic reach offer a distinctive competitive advantage. It continues to look for strategic investments and buyouts to expand in high-growth regions and key world markets. Interpublic’s consistent efforts to reward its shareholders with dividend and share repurchases are appreciable. Shares of the company have outperformed its industry in the past year. However, the company’s global presence makes it vulnerable to foreign currency fluctuations. Its cash position is affected by seasonality in business. Client concentration can be a major hindrance to Interpublic’s business. A debt-laden balance sheet is another concern.”
Hot Tech Stocks To Buy For 2023: Mitel Networks Corporation(MITL)
Mitel Networks Corporation provides business communications and collaboration software, services, and solutions in the Americas, the European Union, the Middle East, Africa, and the Asia-Pacific regions. The companys Enterprise segment sells and supports business communications products and services, including premises-based Internet protocol (IP) telephony platforms, desktop devices, in-building mobile devices, and unified communications and collaboration (UCC) and contact center applications. Its Cloud segment offers retail cloud services, which include UCC applications, voice and data telecommunications, and desktop devices that provide hosted cloud and related services directly to the end users under the MiCloud brand. This segment also provides wholesale services, including hosted PBX, voice and video calling, SIP Trunking, voicemail, call center, audio conferencing, and video and Web collaboration services to service providers under the Powered by Mitel brand. The companys Mobile segment sells and supports software-based telecommunications networking solutions that enable mobile service providers to deliver IP-based voice, video, rich communications, and messaging services to their subscribers. The company sells its solutions through direct and indirect channels, as well as strategic technology partnerships. Mitel Networks Corporation was incorporated in 2001 and is headquartered in Ottawa, Canada.