On the call, Zillow CEO Spencer Rascoff announced that the company is expecting EBITDA in the range of $80 million to $85 million for the full year 2015—Wall Street had expected that figure to be about $146.8 million, according to FactSet.”The work we are doing this year lays the foundation for an incredibly bright 2016 and 2017. However, 2015 is […]
In China, children have their hair cut on the second day of the second lunar month of the year, all for good luck. Superstition and the search for luck are part of human nature, as any investor soon finds out. Photograph: Zhang Duan/REX/Zhang Duan/REX
Every so often there’s an investor who has staying power– people like Warren Buffett or Peter Lynch […]
When Starbucks is deciding where to put a new location…when the World Health Organization needs to find out where polio is still a threat…when a city wants to know if its planned new convention center is in a flood zone…they all use maps.Of course, the maps have gotten a lot more advanced and accessible. Google and GPS providers have put […]
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]]>Big data is coming to the rescue in stopping fraud in wire transfers, according to Western Union’s chief information officer.David Thompson, CIO and executive vice president of global operations and technology, said in a fireside chat at VentureBeat’s DataBeat 2014 conference that the company has to tap massive databases to sort through customer information and figure out the […]
Oramed Pharmaceuticals, Inc. (NASDAQ:ORMP) made a new 52-week high of $16.38 today on traded volume of 1.02 million shares. The development-stage pharmaceutical company recently announced positive results from a clinical trial of its oral insulin capsule in type 1 diabetes patients. ORMP shares are trading in the range of $11.38 to $16.38 in the current trading session. The company has […]
