Monthly Archives: May 2018

Forbes – Investing Information and Investing News –”,”description”:”Forbes is a leading s

&l;p&g;&l;img class=&q;dam-image getty size-large wp-image-911908838&q; src=&q;×0.jpg?fit=scale&q; data-height=&q;689&q; data-width=&q;960&q;&g; (Photo credit:&a;nbsp;Jason Redmond/AFP/Getty Images)

It&s;s good to be Jeff Bezos: The Amazon founder saw his fortune rise by another $3.2 billion on Friday. &l;!–donotpaginate–&g;

He is now worth&a;nbsp;&l;span&g;$118.8 billion, solidifying&a;nbsp;his title as the richest person on the planet, according to &l;em&g;Forbes&l;/em&g; real-time billionaire....More>>>

Apple Music Is Boosting Services Revenue, but Not Profits

Apple (NASDAQ:AAPL) has set a lofty target of growing its services business to about $50 billion by 2020. That effort will in part be driven by growing paid subscriptions, with Apple Music and iCloud storage being the company’s most prominent first-party services at the moment. The Mac maker is now up to 40 million paid Music subscribers, which at $10 per month per subscriber would translate into a $4.8 billion business, before considering discounts like family plans, annual subscriptions, or subscriber growth going forward.

Too bad Apple Music isn’t very profitable.


Bio-Rad Laboratories (BIO) Stock Rating Lowered by Zacks Investment Research

Bio-Rad Laboratories (NYSE:BIO) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Tuesday.

According to Zacks, “Bio-Rad Laboratories, Inc., together with its subsidiaries, engages in the manufacture and supply of products and systems for the life science research, healthcare, analytical chemistry, and other markets worldwide. The company’s products are used to separate complex chemical and biological materials, and to identify, analyze, and purify their components. It operates in two segments,....More>>>

Anthem to Sell ACA Exchange Plans in Virginia to Fill Gap

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Anthem Inc. reversed course and said it will offer Affordable Care Act exchange plans in Virginia, after a pullback by another insurer threatened to leave the state with large gaps in coverage.

Anthem revised its 2018 offerings, saying in a statement that it would now offer plans in 68 cities and counties in Virginia. Around the United States, insurers face deadlines at the end of this month to decide whether they....More>>>

Blue Capital Reinsurance (BCRH) Reaches New 12-Month High and Low at $10.90

Blue Capital Reinsurance (NYSE:BCRH) reached a new 52-week high and low during trading on Thursday . The company traded as low as $10.90 and last traded at $11.05, with a volume of 17133 shares trading hands. The stock had previously closed at $11.20.

A number of equities research analysts recently commented on the company. ValuEngine lowered Blue Capital Reinsurance from a “sell” rating to a “strong sell” rating in a research report on Friday, February 2nd. Zacks Investment Research lowered Blue Capital Reinsurance from a “hold” rating to a “sell”....More>>>