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MONIF News

European Stocks Falling Sharply After Greek Vote; China Stocks Roiling

European markets open sharply lower after the Greek people voted by a landslide to reject austerity measures demanded by creditors. The Chinese government moved to support stocks, to mixed effect.

Doug Kass Analyzes a Failed Trade: A Requiem for Monitise

When a trade like Monitise fails, I try to learn from the experience.

Expect Downside Surprises From China, Oil in '15: Best of Kass

In highlights from his trading diary of the past week, Kass' also-ran 15 Surprises for 2015 includes bets that China growth will slow to under 5%.

Promises, Promises; Markets Move on Draghi: Best of Kass

In highlights from his trading diary of the past week, Doug Kass says the European Central Bank is jolting the markets and Monitise is looking more shaky.

Where the S&P 500 Is Headed; Why I Sold Monitise: Best of Kass

In highlights from his trading diary of the past week, Doug Kass says the S&P 500 has topped out and explains why he sold Monitise shares.

Breaking News

Elon Musk Throws Dogecoin a Lifeline

Elon Musk will soon allow Dogecoin to purchase SpaceX merchandise.

Disney Fans Angry, Excited About New Guardians of the Galaxy Ride

The theme park company has opened Guardians of the Galaxy: Cosmic Rewind and not everyone is happy despite the ride getting wonderful reviews.

Aurora Cannabis Slashing Weed Capacity in Profitability Push

Aurora is slashing its production capacity as it builds a runway toward positive Ebitda a year from now.

Costco Beats Q3 Sales Forecast, Membership Revenues Near $1 Billion

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.