Tag Archives: says

Credit Suisse posts loss, CEO says ‘buy banks’

Credit Suisse on Thursday posted a pre-tax loss for last year after a challenging fourth quarter in which it took substantial charges and warned it expected markets to remain volatile throughout the remainder of 2016. CEO Tidjane Thiam said only time – most likely a couple of quarters – would help to restore calm on the markets. “The slowdown in ... Read More »

HSBC pegs FY16 growth at 7.4%, says reforms key to push it up

Foreign brokerage HSBC has said the country is in the midst of a “credit-less” recovery and policy reforms are the main way ahead to achieve higher growth. Expressing dissatisfaction with the new way of GDP computation, its country economists, led by Pranjul Bhandari, estimated that the economy would clock a 7.4 per cent growth in FY16, and it would remain ... Read More »

BofAML contrarian indicator says market poised for 24% gain

Sentiment on Wall Street has gotten so bad that it’s good, at least according to one indicator with a high degree of accuracy. Investor optimism has continued to erode through the current correcting, with some gauges showing bearishness at multiyear highs. One in particular — the Bank of America Merrill Lynch Sell Side Indicator — puts sentiment “close to where ... Read More »

Microsoft says its fix for Surface Book, Surface Pro 4 finally solves power problems

It seems like Microsoft has finally, completely solved its long-standing power problems with the Surface Book and Surface Pro 4. At least that’s the message its sending with a new firmware update that was released today. According to Microsoft, the firmware update released Wednesday fixes an issue whereby both the Surface Book and Surface Pro 4 failed to go into ... Read More »

Rumor says HTC One M10 won’t be unveiled at MWC, but sometime in March

As we get closer and closer to MWC, we’ve seen a lot of leaks about the Samsung Galaxy S7and even the LG G5. Both of these smartphones are expected to become official at MWC, so that makes sense. However, HTC’s successor to the One M9 from last year has been completely absent from the rumors. And now we may have ... Read More »

Apple says tattoos can cause watch problems – jeepininmidwest

Apple has said some of the functions on its new smartwatch may not work properly when it is worn over tattoos. Darker-coloured artwork and even changes in darker coloured skin types can fool the light sensors on the back of the watch. The problem is not exclusive to the Apple Watch, which performed well in independent tests. But it does ... Read More »