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Samsung Stock 'Ridiculously Cheap': Bernstein's Newman

Mark C. Newman, an analyst at Sanford C. Bernstein, talks about Samsung Electronics Co.’s financial results and the valuation of its shares. Second-quarter profit missed analysts’ estimates after misfiring on Galaxy S6 sales strategy and losing ground to Chinese smartphone brands. 69 more words

Bloomberg

TPI Morrning Gazette: Trump'd, Planned Parenthood, TPM LIVEWIRE, Bloomberg

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Your Rent's About to Get Even Higher

The short supply of units means “rental inflation is not going away anytime soon,” Neil Dutta, head of U.S. economics at Renaissance Macro Research LLC, wrote in a note to clients.

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Finance

Asian Stocks Rise for First Time in Six Days Before Fed Meeting

Asian stocks rose for the first time in six days, following U.S. and European shares higher, as investors awaited an update on monetary policy from the Federal Reserve.

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Finance

The FDA confirms that cilantro is disgusting

The good news is that Chipotle’s guacamole is going to be fine. The bad news is you might not want to eat any Mexican cilantro for a while. 202 more words

Bloomberg News Tour


This morning we met with Chris Elser, a Temple alum and London study abroad alum too! The building was really cool – each floor had a fish tank. 207 more words

Shoppers will soon be able to pick an Apple watch at Best Buy

Richfield-based Best Buy will become the first national retail chain to carry the Apple watch.

Bloomberg News reports that more than 100 Best Buy locations will begin offering the 16 models of the Apple Watch starting on Aug. 236 more words

Business