Gmo Trading

Cisco Systems, one of the world's largest network equipment developers, will buy optical communications technology provider Acacia Communications for $2.6 billion. Under the terms of the deal, Cisco will pay $ 70 for each share of Acacia. The transaction will be closed in the second half of the fiscal year 2020 upon receipt of the necessary regulatory approvals. After completing the transaction, Acacia employees will join the Cisco Networking & Security Business Group. Acacia designs and manufactures high-speed optical technology. These developments enable companies, service providers and data center operators to meet the rapidly growing consumer demand for data transfer. Acacia customers include Cisco itself. An analyst from Cowen is confident that the shares of the supplier of network equipment will grow not only due to its high competitiveness in the software market. The expert also noted the strategic importance of the company's network business. C...

The national airline of Saudi Arabia flyadeal refused to deal with the purchase of Boeing 737 MAX aircraft. The contract involved the acquisition of 30 aircraft with an option for an additional 20 aircraft. According to the BBC, such a purchase would have cost the airline $ 5.9 billion. Boeing made the client a big discount, the publication said. However, the deal fell through - the aircraft designer explained the cancellation of the agreement by the inability to fulfill the requirements of the aircraft delivery schedule. Instead of Boeing, flyadeal will purchase Airbus A320neo liners, which are direct competitors to the 737 MAX. Saudi Arabia will buy 50 aircraft worth over $ 5.5 billion Four months ago, in mid-March, Boeing suspended the supply of models to customers and limited their production. The company expects by September 2019 to eliminate problems with the aircraft and return it to service. Despite the liner’s problems in June, Boeing signed a contract wi...

The first half of 2019 was very successful for investors in stocks. From January to June, the US S & P 500 index, which unites the largest US companies by market capitalization, grew by 17%. This was the best result in the last 22 years. Shares of US companies rose in price, despite the US trade opposition with China and investors' concerns about the slowdown in the global economy. First place in the ranking was taken by the manufacturer of cosmetics Avon Products. For six months, the shares of this company rose in price by 2.5 times. In second place was the manufacturer of AMD microchips with a result of +64.5%. Shares of the automobile brand Ferrari, located on the third line, grew by 62.33% in the first half of the year. If we talk about future growth prospects, then among the shares of companies to the overvalued can be attributed to the shares of Ferrari. Ferrari multipliers are significantly higher than the industry average. Vipshop, Momo, Facebook, Ce...

Most of the Asian stock indices rose on Monday to news of a truce between China and the United States The United States has postponed the imposition of sanctions on Chinese imports by $ 325 billion, China has promised to increase purchases of food in the United States, and the Chinese corporation Huawei has been able to partially purchase components from American suppliers. Countries have not yet resolved the main differences. Among them is the protection of intellectual property. Against the background of positive news, indices went up. The Chinese Shanghai Composite added 1.88%, the Japanese Nikkei 225 up 1.95%. The most significant growth was in the technology sector companies. After the G20 summit, the next event that will affect the stock exchange will be the two-day OPEC conference in Vienna, which will take place today. The key issue of the meeting will be an agreement of exporting countries on restrictions on the extraction of raw materials. In the case ...

The dollar fell to its lowest level since August last year. The dollar index fell to 95.7. In Bank of America claim: this is not the limit, in the near future, Trump may decide to devalue. A ccording to BofA, Trump will decide on currency interventions under the slogan of stabilizing the economy. If the Fed’s transition to a reduction in interest rates is not enough, the likelihood of formal foreign exchange intervention will increase. In 2018, the US economy grew by 2.9%, but by the end of the year it slowed down significantly. According to the forecast of the International Monetary Fund, the growth rate of the country's GDP in the next two years will decline. And according to the National Association of Economics and Business, a recession is likely by 2021. The reasons are obvious: a trillion-dollar budget deficit, caused by a sharp increase in debt service costs and a sharp intensification of the trade war with China. Last year, the Federal Reserve raised t...

FedEx delivery service has equalized the rates for land and air delivery reports The Wall Street Journal. Previously, shipping by plane cost significantly more than a truck. The company decided to abandon part of its margin in order to attract the attention of online stores to its express delivery by air. The division of air delivery FedEx Express appeared forty years ago. At that moment it was intended for the transport of legal documents and drugs for long distances. Now similar services are used mostly for the transportation of online orders. Strong competition in the supply of goods prompted FedEx to take urgent action. The company is trying to adapt its delivery system to the current conditions in which online purchases dominate. FedEx has already felt the shortcomings of express business. In the third quarter, the average revenue per package in the United States decreased by 2%. One of the downsides to the FedEx air delivery system in its current state is de...

Analytical office Newzoo once again calculated how much money the video game manufacturers will earn this year and in the near future. When creating the forecast, they interviewed more than 60 thousand specially invited respondents. They represent 30 countries, which account for 90% of all industry revenues. Already traditionally, analysts expect growth in all respects from entertainment for mobile gadgets. Games for them should make almost $ 70 billion - 45% of total revenues, and the share of smartphones will be 80%, the rest - tablets. But from the PC platform, researchers expect a drop of 15% to $ 32 billion. At the same time, the consoles should add a slightly lower figure - 13.5% to $ 47 billion. In many countries, there is a slowdown in sales of the Xbox One and the PlayStation 4. Only the relatively recent Nintendo Switch saves the day from an even worse fall. Newzoo is also expecting the US to return to the place of the largest video game market for the first...