BUZ INVESTORS Technology stocks have delivered stupendous returns in the first half of the year. Analysts are now making some bold tech stock predictions for 2017

Best Technology Stocks for the Fourth Industrial Revolution

|Chart | Calendar   | TRADE NOW | TECHNOLOGY

Investing in a New Wave of “4IR” Technologies

BUZ INVESTORS Technology stocks have delivered stupendous returns in the first half of the year. Analysts are now making some bold tech stock predictions for 2017

BUZ INVESTORS  Technology stocks have delivered stupendous returns in the first half of the year. Analysts are now making some bold tech stock predictions for 2017. But in just seven months, we’ll bid adieu to 2017. Opportunities like these rarely knock on the door twice in one year. I’ll be honest, making a fortune out of the best technology stocks in such a short time frame will be a tough feat. So don’t think like a short-sighted trader. I say, think like an investor—think long term. Think 2025!

Why 2025? Because that’s the critical year when the tipping point for the Fourth Industrial Revolution is predicted to occur. If this is news to you, then you’d better stay with me as I divulge more information on it.

You see, every year for the World Economic Forum, political and business leaders meet at Davos to discuss the future of their respective countries and businesses. But no one, I repeat, no one sees the ins and outs of these meetings as closely as Klaus Schwab—the man who’s been running the show for four decades now.



 Technology stocks

  1. Firstly, it is believed that the fourth industrial revolution will push vision-based user interfaces into the mainstream. To put it simply, these include key technological features like facial and gesture recognition and head and eye tracking in daily use devices.

I know that we’re already familiar with this idea through our smartphones and video gaming consoles. But look beyond them to devices like home monitoring systems, electrical appliances, and cars. If you’re also thinking Internet of Things (IoT), you’re on the right track. My first technology stock pick serves these technologies. You’ll soon find out how.

  1. Second is the phenomenon of cloud computing. The 4IR will increase our digital presence manifold. This presence will not be tied down to a single device or platform. It’s already evident that we connect to our digital data through various devices today, including smartphones, tablets, desktops, smart watches, smart TVs, and the like.

The fastest way to interconnect all these platforms is through the cloud. Cloud storage, in particular, is viewed as becoming available to virtually every internet user by 2025. The key is to look out for the best cloud computing companies in both consumer and enterprise segments. My second pick serves the world of cloud in a very peculiar way. Stay tuned for more on it.

  1. Finally, as the phrase itself hints, the fourth industrial revolution will drive the rise of the machines. Robots are expected to take over nearly all of our industries, including services. This is where artificial intelligence (AI) will play its biggest role. My final technology stock pick attends to this segment.

1. STMicroelectronics (STM) Stock

What better place to look for the best technology stocks than the home ground of 4IR—that is, Switzerland?

For now, forget the companies that manufacture all the hi-tech gadgets and think about one company that lends these gadgets the brain to function. STMicroelectronics NV (ADR) (NYSE:(STM) is a global manufacturer and vendor of semiconductors. Basically, it makes the tiny chips that go into tech gadgets and bring them to life. (A bit of trivia for you: The company is famously called ST.)

As for STM stock, the price chart below is a testament to its performance. Initiatives in 4IR technologies have brought it back from the dead, with STM stock more than tripling in just under a year.

STM stock chart

 

Now may be a good time to consider STM stock before you miss out on further gains.

2. Akamai Technologies (AKAM) Stock

Next up is my pick in the cloud space.

I understand that buying cloud computing stocks presents a great dilemma to traditional investors. Oddly enough, many of these are unprofitable, yet their stock prices are reaching for the stars. It doesn’t make sense, right? Well, it will if you look at the prospects of the cloud computing industry.

Now, all cloud computing stocks can’t be put together in one basket. In case you’re unaware, there are essentially three kinds of cloud computing companies out there: companies that offer software as a service (SaaS), those that offer platform as a service (PaaS), and those that offer infrastructure as a service (IaaS).

3. ABB Ltd (ABB) Stock

Barring the technology heavyweights, most tech companies have historically had short life spans. They were around for a few years, then they sunk into oblivion, by which I mean they either ran out of steam or got taken over.

My final pick today deserves a special credit for having survived economic storms for decades. In other words, it would be safe to assume that this trend can continue in the years to come.

ABB Ltd (ADR) (NYSE:(ABB) is one company that has its origin dating back to the 19th century. Formally formed through a merger of two old Swiss companies, the resulting ABB group has been in business for three decades now and is one of the biggest industrial conglomerates in the world.

All these initiatives in its Next Level Strategy have breathed a new life into ABB stock, which is starting to make quick strides northwards.

ABB stock chart

 

If you’re paying attention, now is the best time to consider ABB stock because it could likely turn out to be one of the best technology stocks in 2017.

Like up on FACEBOOK


logo

Market quotes are powered by
TradingView.com



Tech Stocks ( GOOG)   (MSFT ) ( AAPL ) (BBRY ) ( gopro )  ( WDC )



RADCOM (NASDAQ: RDCM) is a first-mover and leading provider of NFV-ready service assurance and Customer Experience Management (

RADCOM Reports Fourth Quarter and Full Year 2016 Financial Results

Chart | Calendar   | TRADE NOW | RDCM

RADCOM Reports Fourth Quarter and Full Year 2016 Financial Results

BUZ INVESTORS RADCOM Reports Fourth Quarter   RADCOM Ltd. <span data-recalc-dims=(RDCM) today reported its financial results for the fourth quarter and fiscal year ended December 31, 2016." width="300" height="103" srcset="https://i2.wp.com/investorsbuz.com/wp-content/uploads/2017/03/download-Small-1.jpg?resize=300%2C103 300w, https://i2.wp.com/investorsbuz.com/wp-content/uploads/2017/03/download-Small-1.jpg?resize=768%2C263 768w, https://i2.wp.com/investorsbuz.com/wp-content/uploads/2017/03/download-Small-1.jpg?w=854 854w" sizes="(max-width: 300px) 100vw, 300px" />

BUZ INVESTORS RADCOM Reports Fourth Quarter   RADCOM Ltd. (RDCM) today reported its financial results for the fourth quarter and fiscal year ended December 31, 2016.

“The fourth quarter marked a strong end to a great year for the Company, highlighted by our ability to reach the high-end of our guidance range,” commented Mr. Yaron Ravkaie, RADCOM’s CEO.  “In 2016, we made great progress with our top-tier customer deployments, continued our engagement with other leading global carriers, and focused on preparing the company for future growth by boosting our senior management team and ramping up our engineering capabilities.  We believe we have laid a solid foundation during 2016 to continue our momentum, as evidenced by our initial 2017 revenue guidance range of $36-$39 million.”

Fourth Quarter 2016 Financial Highlights

  • Revenues: Total revenues for the fourth quarter were $8.0 million, up 196% compared to $2.7 million in the fourth quarter of 2015.
  • Net Loss: GAAP net loss for the period was approximately $0.7 million, or $0.06 loss per diluted share, compared to a loss of $2.1 million, or $0.25 loss per diluted share for the fourth quarter of 2015.
  • Non-GAAP Net Income/(Loss):  Non-GAAP net income for the period was approximately $0.4 million, or $0.04 per diluted share, compared to a loss of $(1.6) million, or $(0.19) per diluted share for the fourth quarter of 2015.Both GAAP and non-GAAP results for the fourth quarter of 2016 included a $552,000, or $0.05 per diluted share, benefit related to grants from the Israel Innovation Authority (formerly Office of the Chief Scientist) compared to $576,000, or $0.07 per diluted share, in the fourth quarter of 2015.
  • Balance sheet: As of December 31, 2016, the Company had cash and cash equivalents of $42.9 million and no debt.




RADCOM Reports Fourth Quarter

>>>>TRADE NOW<<<

Full Year 2016 Financial Highlights

  • Revenues: Total revenues for the full year 2016 were $29.5 million, up 58% compared to $18.7 million in the full year 2015.
  • Net Income/(Loss): GAAP net income for the full year 2016 was approximately $1.9 million, or $0.18 per diluted share, compared to a loss of $(923,000), or $(0.11) per diluted share for the full year 2015.
  • Non-GAAP Net Income:  Non-GAAP net income for the period was approximately $4.8 million or $0.44 per diluted share, for the full year 2016, compared to $656,000, or $0.07 per diluted share for the full year 2015.Both GAAP and non-GAAP results for the full year 2016 included a $1.7 million, or $0.16 per diluted share, benefit related to grants from the Israel Innovation Authority compared to $1.6 million, or $0.18 per diluted share, in 2015.

Earnings Conference Call
RADCOM’s management will hold an interactive conference call today at 8:00 AM Eastern Time (15:00 Israel Time) to discuss the results and to answer participants’ questions. To join the call, please call one of the following numbers approximately five minutes before the call is scheduled to begin:

From the US (toll-free): + 1-888-668-9141

From other locations: +972-3-918-0609

For those unable to listen to the call at the time, a replay will be available from February 15th on RADCOM’s website.

About RADCOM

RADCOM (NASDAQ: RDCM) is a first-mover and leading provider of NFV-ready service assurance and customer experience management solutions for Communications Service Providers (CSPs). RADCOM’s software – MaveriQ – continuously monitors network performance and quality of services, to optimize user experience for CSPs’ subscribers. RADCOM specializes in solutions for next-generation mobile and fixed networks, including LTE, VoLTE, IMS and others. MaveriQ enables CSPs to smoothly migrate their networks to NFV by assuring physical, NFV-based and hybrid networks. For more information, please visit www.radcom.com.

Non-GAAP Information

Certain non-GAAP financial measures are included in this press release. These non-GAAP financial measures are provided to enhance the reader’s overall understanding of the Company’s financial performance. By excluding non-cash stock-based compensation that has been expensed in accordance with ASC Topic 718, inventory write-off and  non-cash write-off of importation taxes, the Company’s non-GAAP results provide information to both management and investors that is useful in assessing the Company’s core operating performance and in evaluating and comparing the Company’s results of operations on a consistent basis from period to period. These non-GAAP financial measures are also used by management to evaluate financial results and to plan and forecast future periods.  The presentation of this additional information is not meant to be considered a substitute for the corresponding financial measures prepared in accordance with GAAP.

Risks Regarding Forward-Looking Statements

Certain statements made herein that use words such as “estimate,” “project,” “intend,” “expect,” “‘believe”, “may”, “might”, “predict”, “potential”, “anticipate”, “plan” or similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. For example, when the Company discusses its momentum and revenue guidance for 2017 it is using foward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties that could cause the actual results, performance or achievements of the Company to be materially different from those that may be expressed or implied by such statements, including, among others, changes in general economic and business conditions and specifically, decline in the demand for the Company’s products, inability to timely develop and introduce new technologies, products and applications, and loss of market share and pressure on prices resulting from competition. For additional information regarding these and other risks and uncertainties associated with the Company’s business, reference is made to the Company’s reports filed from time to time with the U.S. Securities and Exchange Commission. The Company does not undertake to revise or update any forward-looking statements for any reason.

 

Like up on FACEBOOK


Ebates Coupons and Cash Back

Market quotes are powered by
TradingView.com



Tech Stocks ( GOOG)   (MSFT ) ( AAPL ) (BBRY ) ( gopro )  ( WDC )




OTHER RELATED STORIES 

VPR Brands, LP will be attending as well as speaking at the 2017 MoneyShow in Orlando

$VPRB LP Announces 2016 Fourth Quarter and Full Year Results

VPR Brands, LP Announces 2016 Fourth Quarter and Full Year Results

BUZ INVESTORS VPRB LP Announces 2016 Fourth Quarter VPR Brands, LP (OTC Pink:VPRB) released 2016 fourth quarter and full year revenue and financials. 2016 revenue totaled $1,580,676, which represents

BUZ INVESTORS   VPRB LP Announces 2016 Fourth Quarter  VPR Brands, LP (OTC Pink:VPRB) released 2016 fourth quarter and full year revenue and financials. 2016 revenue totaled $1,580,676, which represents a 4,620.85% increase over 2015 revenue of $342. For 2016, VPR Brands had a gross profit margin of 30.42%, gross profit of $480,852 and a net operating loss of $327,757.

Fourth quarter 2016 revenue totaled $972,322, representing a 59.82%​ increase over third quarter 2016 revenue of $608,354. Fourth quarter 2016 operating margins were down slightly compared to the third quarter 2016 to 29.03%, with $282,298 in gross profit and a net operating loss of $206,174.



VPRB LP Announces 2016 Fourth Quarter

“The acquisition we made in 2016 was a bold move that has added incremental business and value to the Company for the last half of 2016 and has given us a running start into 2017. We believe that the Company is now well positioned to take advantage of the growing cannabis market segment,” said Kevin Frija, CEO of VPR Brands, LP. “We will continue to stay focused on our mission of building long-term value for the Company, both organically or through additional acquisitions that make sense for the Company.”

“I couldn’t be more excited for our portfolio of brands, our team of people, our great clients, our strategic alliances and our growth potential within the rapidly expanding cannabis space. Although 2016 was a short year for us, I believe we have set a solid foundation for growth that we can build upon for years to come,” commented Daniel Hoff, COO of VPR Brands, LP.

Although our sales are not segregated by brand or product category, our primary revenue source is from vaporization devices specifically created for use with medical cannabis and recreational marijuana. These devices are specifically created for use with extract oils and concentrates which are vaped, providing optimal results and the best experience for patients and recreational users. Vaporizers are far more convenient and discrete compared to traditional cannabis use methods. These units are compact, easy to carry and concealable. Modern cannabis vaporizers do not emit distinct and lingering odors that are affiliated with traditional marijuana use. We believe that portable vaporizers as the fastest growing delivery mechanism for marijuana. Our team is currently working with other market leaders within cannabis growth and extraction to innovate and further educate the marketplace on its advantages.

About VPR Brands LP:
VPR Brands is a technology company; whose assets include issued U.S. and Chinese patents for atomization related products including technology for medical marijuana vaporizers and electronic cigarette products and components. The Company is also engaged in product development for the vapor or vaping market, including e-liquids, vaporizers and electronic cigarettes (also known as e-cigarettes) which are devices which deliver nicotine and or cannabis through atomization or vaping, and without smoke and other chemical constituents typically found in traditional products. For more information about VPR Brands, please visit the Company on the web at www.vprbrands.com.Like up on FACEBOOK


Ebates Coupons and Cash Back



Pharmaceuticals  stocks ( CGC)  ( JNJ ) ( MRK ) ( GSK ) ( celg )  ( gild )




Buz Investors Ryerson Reports Fourth Quarter (NYSE: RYI), a leading distributor and value-added processor of industrial metals, today reported results for the fourth quarter and full-year ended December 31, 2016.

Ryerson Reports Fourth Quarter and Full-Year 2016 Results

Increased Earnings with Market Share Gains and Improved Capital Structure

Buz Investors Ryerson Reports Fourth Quarter (NYSE: RYI), a leading distributor and value-added processor of industrial metals, today reported results for the fourth quarter and full-year ended December 31, 2016.

Buz Investors Ryerson Reports Fourth Quarter (NYSE: RYI), a leading distributor and value-added processor of industrial metals, today reported results for the fourth quarter and full-year ended December 31, 2016.

Eddie Lehner, Ryerson’s President and Chief Executive Officer said, “I want to send a resounding thank you to our customers for giving us the opportunity to earn their business and support their growth. I also want to thank the Ryerson Team for a job well done in navigating through persistent demand contraction and selling price deflation through the first half of 2016.  Our improved financial performance is the result of our passion for the customer experience, as we continue our company transformation as an intelligent network of service centers whose common core is built around speed, scale, value-add, culture, and analytics. During 2016 Ryerson increased market share, expanded gross margins, reduced costs, reduced interest expense, grew net income and EBITDA, improved working capital efficiency, reduced debt, and strengthened our capital structure, a list worthy of repeating on an annual basis.”



OTHER STORIES BUZ TRADERS FOLLOW

Ryerson Reports Fourth Quarter

 

2016 Results
Revenues were $2.9 billion in 2016, down 9.7 percent from 2015, as average selling price per ton declined by 10.0 percent.

Gross margin increased to 20.0 percent in 2016, compared to 17.9 percent in 2015. Included in cost of materials sold was net LIFO income of $6.6 million in 2016 and $59.5 million in 2015. Gross margin, excluding LIFO increased to 19.7 percent in 2016, compared with 16.0 percent in 2015. A reconciliation of gross margin, excluding LIFO to gross margin is included below in this news release.

Warehousing, delivery, selling, general and administrative expense declined by $14.4 million, or 3.2 percent in 2016, compared to the year-ago period, reflecting continued expense management and operational efficiencies.

Net income attributable to Ryerson Holding Corporation improved to $18.7 million, or $0.54 per diluted share, in 2016, compared with a loss of $0.5 million, or $0.02 per diluted share, in 2015. Excluding restructuring and other charges, impairment charges on assets, and gains or losses on the retirement of debt, net income attributable to Ryerson Holding Corporation increased to $28.0 million, or $0.81 per diluted share, in 2016 compared to $16.1 million, or $0.50 per diluted share, in 2015. A reconciliation of net income attributable to Ryerson Holding Corporation and earnings per share, excluding restructuring and other charges, impairment charges on assets and gains or losses on retirement of debt is included below in this news release.

Adjusted EBITDA, excluding LIFO increased 63.3 percent to $178.0 million in 2016, compared to $109.0 million in 2015. Reconciliations of Adjusted EBITDA, excluding LIFO and net income attributable to Ryerson Holding Corporation are included below in this news release.

Balance Sheet Deleveraging and Working Capital Management
In 2016, Ryerson issued $650 million of Senior Secured Notes due 2022, issued common stock with net proceeds of $71.5 million used to further pay down debt, and amended its credit facility, thereby extending the maturity date to November 2021. “We’ve significantly improved our capital structure by reducing our debt by $279 million, or 22.4 percent, since 2014,” said Erich Schnaufer, Ryerson’s Chief Financial Officer.

In 2016, Ryerson’s inventory balance stood at 76 days of supply compared to 80 days in the year-ago period. “Our continued industry-leading working capital management provides financial flexibility and allows us to effectively adapt in volatile metal pricing environments,” continued Schnaufer.

Fourth Quarter 2016 Results
Revenues were $682.2 million for the fourth quarter of 2016, up 2.0 percent from the year-ago period. Tons shipped per day increased 1.4 percent with one fewer shipping day in the fourth quarter of 2016, and the average selling price per ton increased 2.2 percent from the fourth quarter of 2015.

Gross margin increased to 16.8 percent for the fourth quarter of 2016, compared to 15.2 percent for the year-ago period. Included in cost of materials sold was net LIFO expense of $13.8 million for the fourth quarter of 2016 and $10.8 million for the fourth quarter of 2015. Gross margin, excluding LIFO increased to 18.8 percent for the fourth quarter of 2016, compared with 16.8 percent for the year-ago period. A reconciliation of gross margin to gross margin, excluding LIFO is included below in this news release.

Warehousing, delivery, selling, general and administrative expense declined by $2.5 million, or 2.3 percent, for the fourth quarter of 2016 compared to the year-ago period, reflecting continued progress on expense management and operational efficiencies.

The net loss attributable to Ryerson Holding Corporation was $8.6 million, or $0.23 per diluted share, for the fourth quarter of 2016, compared to a net loss of $20.5 million, or $0.64 per diluted share, in the fourth quarter of 2015. Excluding restructuring and other charges, impairment charges on assets, and gains or losses on the retirement of debt, the net loss attributable to Ryerson Holding Corporation was $7.1 million, or $0.19 per diluted share, for the fourth quarter of 2016, compared to a loss of $12.9 million, or $0.40 per diluted share, in the fourth quarter of 2015.

Adjusted EBITDA, excluding LIFO was $36.0 million in the fourth quarter of 2016, compared to $14.2 million in the year-ago period. Reconciliations of Adjusted EBITDA, excluding LIFO and net income attributable to Ryerson Holding Corporation and earnings per share, excluding restructuring and other charges, impairment charges on assets, and gains or losses on retirement of debt to net income attributable to Ryerson Holding Corporation are included below in this news release.

2017 Acquisitions
In January 2017, Ryerson announced the acquisition of The Laserflex Corporation, a metal fabricator specializing in laser fabrication and welding services, with annual revenue of approximately $25 million. In addition, Ryerson announced a second acquisition in February 2017 of Guy Metals, Inc., a metal service center processing stainless and nickel alloy products, with annual revenue of approximately $35 million.  “The acquisition of these competitively differentiated companies that offer industry-leading fabrication, polishing, and processing capabilities perfectly aligns with our transformational strategy. These organizations are well matched to our common core of speed, scale, value-add, culture, and analytics.  We are excited to add their products and capabilities across our North American service center network,” said Lehner.

2017 Commentary
Ryerson intends to issue first quarter 2017 guidance in early April after LIFO and LCM reserve outcomes can be more accurately estimated given significant increases in industrial metals prices over the past four months.  Qualitatively, demand has improved in oil & gas most notably while other end markets in aggregate are showing modest if unspectacular improvement.  The better story thus far is supply side stabilization as policy lines have drawn a playing field in which prices are better supported as we move through the quarter.




Buz Investors Coupa Software Reports Fourth Quarter (NASDAQ:COUP), a leader in cloud-based spend management, today announced its financial results for the fourth quarter and fiscal year-ended January 31, 2017.

Coupa Software Reports Fourth Quarter & Full Year Fiscal 2017 Financial Results

Coupa Software Reports Fourth Quarter & Full Year Fiscal 2017 Financial Results

 Record Full Year Revenue of $134 Million 

Cumulative Spend Under Management Surpasses $360 Billion

Buz Investors Coupa Software Reports Fourth Quarter <span data-recalc-dims=(NASDAQ:COUP), a leader in cloud-based spend management, today announced its financial results for the fourth quarter and fiscal year-ended January 31, 2017." width="300" height="155" srcset="https://i0.wp.com/investorsbuz.com/wp-content/uploads/2017/03/dfe4f98108b35ee71a9e46c1a27819ab.png?resize=300%2C155 300w, https://i0.wp.com/investorsbuz.com/wp-content/uploads/2017/03/dfe4f98108b35ee71a9e46c1a27819ab.png?w=600 600w" sizes="(max-width: 300px) 100vw, 300px" />

Buz Investors Coupa Software Reports Fourth Quarter  (NASDAQ:COUP), a leader in cloud-based spend management, today announced its financial results for the fourth quarter and fiscal year-ended January 31, 2017.



OTHER STORIES BUZ TRADERS FOLLOW

Coupa Software Reports Fourth Quarter

Fourth Quarter Results

  • Revenues: Total revenues were $38.0 million, an increase of 44% from the same period last year. Subscription services revenues were $33.8 million, an increase of 45% from the same period last year.
  • Loss from Operations: GAAP operating loss was $6.4 million, compared to a loss of $11.0 million for the same period last year. Non-GAAP operating loss was $2.3 million, compared to a loss of $9.7 million for the same period last year.
  • Net Loss: GAAP net loss was $6.6 million, compared to a loss of $11.5 million for the same period last year. GAAP net loss per basic and diluted share was $0.13, compared to a loss of $2.18 for the same period last year. Non-GAAP net loss was $2.5 million, compared to a loss of $10.2 million for the same period last year. Non-GAAP net loss per basic and diluted share was $0.05, compared to a loss of $1.93 for the same period last year.

Fiscal Year 2017 Results

  • Revenues: Total revenues were $133.8 million, an increase of 60% from the prior year. Subscription services revenues were $117.8 million, an increase of 56% from the prior year.
  • Loss from Operations: GAAP operating loss was $35.4 million, compared to a loss of $45.3 million for the prior year. Non-GAAP operating loss was $24.9 million, compared to a loss of $32.4 million for the prior year.
  • Net Loss: GAAP net loss was $37.6 million, compared to a loss of $46.2 million for the prior year. GAAP net loss per basic and diluted share was $1.88, compared to a loss of $9.81 for the prior year. Non-GAAP net loss was $27.1 million, compared to a loss of $33.3 million for the prior year. Non-GAAP net loss per basic and diluted share was $1.36, compared to a loss of $7.07 for the prior year.
  • Balance Sheet: Cash and cash equivalents were $201.7 million, and total deferred revenue was $90.8 million, as of January 31, 2017.
  • Cash Flow: Cash flow from operating activities was a use of $21.0 million for the full fiscal 2017 year.

“We closed a successful fiscal 2017 by achieving strong results across the board in Q4,” said Rob Bernshteyn, CEO of Coupa.  “Our unified platform has now processed more than $360 billion in cumulative spend, driving cost savings and increasing profitability for our customers. We made significant advancements in our technology with the release of R17 and acquisition of Spend360, and added marquee customers including Caterpillar, Paul HARTMANN, and many others. With continued strength in North America and Europe and increasing traction in Asia Pacific and Latin America, we are well positioned as we enter the new fiscal year.”

Business Outlook:

The following forward-looking statements reflect Coupa’s expectations as of March 13, 2017.

First quarter of fiscal 2018:

  • Total revenues are expected to be between $38.0 and $38.5 million.
  • Non-GAAP loss from operations is expected to be between $6.0 and $8.5 million.
  • Non-GAAP net loss per share is expected to be between $0.12 loss and $0.17 loss per share.
  • Basic and diluted weighted average share count is expected to be approximately 50.8 million shares.

Full year fiscal 2018:

  • Total revenues are expected to be between $167 and $170 million.
  • Non-GAAP loss from operations is expected to be between $27 and $30 million.
  • Non-GAAP net loss per share is expected to be between $0.53 loss and $0.58 loss per share.
  • Basic and diluted weighted average share count is expected to be approximately 53 million shares.

See the sections titled “Non-GAAP Financial Measures and Key Metrics” and the reconciliation tables below for important details regarding our non-GAAP measures.

Recent Business Highlights:

  • Coupa surpassed 500 total customers during the fourth quarter, ending its fiscal year with 535 customers. New customers to highlight from Q4 included some of the world’s biggest brands, such as Caterpillar, the world’s leading manufacturer of construction and mining equipment, and Paul HARTMANN, a leading provider of medical and hygiene products and Coupa’s first manufacturing customer in Germany.
  • Other new customer wins included Asian Development Bank, FrieslandCampina, Clark Construction, KMG Rompetrol, LKQ Corporation, The Andersons, Bynder, Turtle Entertainment (ESL Gaming), PDF Solutions, InvoCare, Apex Parks Group, LLC, USO World Headquarters, Kubota Tractor Corporation, ACLD, Reliance Properties, Brightpoint Health, Great Wolf Resorts, GoHealth Urgent Care, and R1 RCM Inc., formerly Accretive Health Inc.
  • Coupa acquired substantially all of the assets of Spend360 International Ltd. to help companies digitize antiquated processes for data classification. Based outside London, Spend360 is an analytics solution that uses deep machine learning and artificial intelligence to structure and cleanse data.
  • Coupa delivered Release 17 (R17) – its first major cloud platform update of the calendar year. R17 leverages data network effects to deliver comprehensive B2B insights to customers, allowing them to increase value and spend smarter.
  • After signing a premier new customer in China in Q3, KPMG China, Coupa’s implementation partner, completed a rapid 10-week spend transformation project to optimize purchasing and invoicing processes.
  • Coupa debuted in the 2017 Gartner Magic Quadrant for Strategic Sourcing Suites.
  • Gartner also recognized Coupa as a “Vendor to Watch” in a report entitled “Market Opportunity Map: Enterprise Resource Planning, Worldwide.” Coupa was one of only five vendors named as a mega-vendor and emerging Enterprise Resource Planning (ERP) provider.
  • Coupa grew its Coupa Advantage program with expanded category coverage via regional and global supplier partners. Notable new suppliers to Coupa Advantage include Zoom, a market leading video conferencing solution, as well as two new European suppliers; Manutan, Europe’s largest provider of business products and services, and Little Big Connection, a European marketplace for IT and engineering consultants.
  • Coupa was one of 50 companies named one of the best workplaces of 2016 by the Silicon Review.
  • Coupa announced that Apple Co-Founder Steve Wozniak will be a distinguished speaker at Coupa Inspire ’17, the company’s fifth annual user conference, which takes place May 16-18 at the Westin St. Francis Union Square in San Francisco, CA.

Conference Call Information:

Coupa will host a conference call and live webcast for analysts and investors at 5:00 p.m. Eastern time today.

  • Parties in the U.S. and Canada can access the call by dialing (877)-874-1567, using conference code 6255862.
  • International parties can access the call by dialing (719)-325-4907, using conference code 6255862.

The webcast will be accessible on Coupa’s investor relations website at http://investors.coupa.com. A replay will be available through the same link. A telephonic replay of the conference call will be available through Monday, March 20, 2017. To access the replay, parties in the U.S. and Canada should call (888)-203-1112 and enter conference code 6255862. International parties should call (719)-457-0820 and enter conference code 6255862.

Non-GAAP Financial Measures and Key Metrics:

In addition to disclosing financial measures prepared in accordance with U.S. generally accepted accounting principles (GAAP), this press release and the accompanying tables contain certain non-GAAP financial measures that exclude stock-based compensation expense, litigation-related costs, amortization of intangible assets acquired in mergers and acquisitions, and related tax effects. We believe these non-GAAP measures are useful in evaluating our operating performance and regularly review these measures as we evaluate our business.

We believe these non-GAAP measures provide investors and other users of our financial information consistency and comparability with our past financial performance and facilitate period to period comparisons of operations. We believe these non-GAAP measures are useful in evaluating our operating performance compared to that of other companies in our industry, as they generally eliminate the effects of certain items that may vary for different companies for reasons unrelated to overall operating performance.

We use these non-GAAP measures in conjunction with GAAP measures as part of our overall assessment of our performance, including the preparation of our annual operating budget and quarterly forecasts, to evaluate the effectiveness of our business strategies and to communicate with our board of directors concerning our financial performance. The definitions of our non-GAAP measures may differ from the definitions used by other companies and therefore comparability may be limited. In addition, other companies may not publish these or similar metrics. Thus, our non-GAAP measures should be considered in addition to, not as substitutes for, or in isolation from, measures prepared in accordance with GAAP.

We compensate for these limitations by providing investors and other users of our financial information a reconciliation of non-GAAP measures to the related GAAP financial measures. We encourage investors and others to review our financial information in its entirety, not to rely on any single financial measure and to view our non-GAAP measures in conjunction with GAAP financial measures.  Please see the reconciliation of non-GAAP financial measures to the most directly comparable GAAP measures attached to this release.

With respect to Coupa’s guidance as provided under “Business Outlook” above, Coupa has not reconciled its expectations as to non-GAAP loss from operations to GAAP loss from operations or non-GAAP net loss per share to GAAP net loss per share because certain items excluded from non-GAAP operating loss, such as charges related to stock-based compensation expense, litigation-related costs, amortization of intangible assets acquired in mergers and acquisitions, and related tax effects, cannot be reasonably calculated or predicted at this time. The effect of these excluded items may be significant.

We also use key metrics such as cumulative spend under management, which represents the aggregate amount of money that has been transacted through our platform for all of our customers collectively since we launched our platform. We calculate this metric by aggregating the actual transaction data, such as invoices or purchase orders, from customers on our platform. While we do not believe this metric is directly correlated to our financial results, we believe the adoption of our platform, as evidenced by growth in cumulative spend under management, drives additional value to our customers, which will enhance our ability to acquire new customers, to increase renewals and to increase upsells due to an increase in the number of authorized users and modules per customer.

Forward-Looking Statements:

This release includes forward-looking statements. All statements other than statements of historical facts, including the quotations from management and the statements in “Business Outlook” are forward-looking statements. These forward-looking statements are based on Coupa’s current expectations and projections about future events and trends that Coupa believes may affect its financial condition, results of operations, strategy, short- and long-term business operations and objectives, and financial needs.

These forward-looking statements are subject to a number of risks, uncertainties and assumptions that may cause actual results to differ materially, including: we have a limited operating history, which makes it difficult to predict our future operating results; if we are unable to attract new customers, the growth of our revenues will be adversely affected; because our platform is sold to large enterprises with complex operating environments, we encounter long and unpredictable sales cycles; the markets in which we participate are intensely competitive; our business depends substantially on our customers renewing their subscriptions and purchasing additional subscriptions from us; risks and liabilities related to breach of our security measures or unauthorized access to customer data; if we fail to develop widespread brand awareness cost-effectively, our business may suffer; and we have experienced rapid growth in recent periods, and if we fail to manage our growth effectively, we may be unable to execute our business plan, maintain high levels of service or adequately address competitive challenges.

These and other risks and uncertainties that could affect Coupa’s future results are included under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” in Coupa’s quarterly report on Form 10-Q filed with the SEC on December 9, 2016, which is available at www.investors.coupa.com and on the SEC’s website at www.sec.gov. Further information on potential risks that could affect actual results will be included in other filings Coupa makes with the SEC from time to time.

The forward-looking statements in this release reflect Coupa’s expectations as of March 13, 2017. Coupa undertakes no obligation to update publicly any forward-looking statements for any reason after the date of this release to conform these statements to actual results or to changes in our expectations.

About Coupa Software

Coupa Software (NASDAQ:COUP) is the cloud platform for business spend. We deliver “Value as a Service” by helping our customers maximize their spend under management, achieve significant cost savings and drive profitability. Coupa provides a unified, cloud-based spend management platform that connects hundreds of organizations representing the Americas, EMEA, and APAC with millions of suppliers globally. The Coupa platform provides greater visibility into and control over how companies spend money. Customers – small, medium and large – have used the Coupa platform to bring billions of dollars in cumulative spend under management. Learn more at www.coupa.com. Read more on the Coupa Blog or follow @Coupa on Twitter.




Buz Investors Tabula Rasa HealthCare (“TRHC”) (NASDAQ:TRHC), a disruptive innovation and technology leader in medication safety, offering a unique Medication

Tabula Rasa HealthCare Announces Fourth Quarter and Full Year 2016 Operating Results

Tabula Rasa HealthCare Announces Fourth Quarter and Full Year 2016 Operating Results

2016 Revenue of $94.1 million, growth of 34%; 4Q 2016 Revenue of $27.3 million, growth of 38%

Buz Investors Tabula Rasa HealthCare (“TRHC”) <span data-recalc-dims=(NASDAQ:TRHC), a disruptive innovation and technology leader in medication safety, offering a unique Medication" width="300" height="169" srcset="https://i1.wp.com/investorsbuz.com/wp-content/uploads/2017/03/maxresdefault-1.jpg?resize=300%2C169 300w, https://i1.wp.com/investorsbuz.com/wp-content/uploads/2017/03/maxresdefault-1.jpg?resize=768%2C432 768w, https://i1.wp.com/investorsbuz.com/wp-content/uploads/2017/03/maxresdefault-1.jpg?resize=1024%2C576 1024w, https://i1.wp.com/investorsbuz.com/wp-content/uploads/2017/03/maxresdefault-1.jpg?w=1280 1280w, https://i1.wp.com/investorsbuz.com/wp-content/uploads/2017/03/maxresdefault-1.jpg?w=1920 1920w" sizes="(max-width: 300px) 100vw, 300px" />

Buz Investors Tabula Rasa HealthCare (“TRHC”) (NASDAQ:TRHC), a disruptive innovation and technology leader in medication safety, offering a unique Medication Risk Stratification and Medication Risk Mitigation Matrix® suite of decision support tools, today announced its financial results for the fourth quarter and full year ended December 31, 2016 and provided its 2017 financial outlook.

TRHC Chairman and CEO, Calvin H. Knowlton, PhD., commented, “2016 was very exciting for Tabula Rasa and we ended the year with strong fourth quarter revenue and Adjusted EBITDA growth. Our core Program for All-Inclusive Care for the Elderly (“PACE”) market continued to expand overall, and our PACE contracts are performing well as we execute on our goal of helping our partners improve patient outcomes and lower cost.”



OTHER STORIES BUZ TRADERS FOLLOW

Tabula Rasa HealthCare

Dr. Knowlton continued, “On January 1, we launched our Enhanced Medication Therapy Management Programi and have seen strong initial engagement from our health plan members. We continue to find new and exciting markets where we can apply our propriety medication risk mitigation platform across the healthcare continuum. Our pipeline of new business opportunities, both within PACE and in the broader healthcare market, has never been stronger. I look forward to continuing to update you on the evolution and progress of our company and our technology throughout 2017.”

Financial Performance for the Three Months Ended December 31, 2016

All comparisons, unless otherwise noted, are to the three months ended December 31, 2015.

  • Total revenue was $27.3 million, an increase of 38%. Total revenue included product revenue of $20.7 million, an increase of 19%, and service revenue of $6.6 million, an increase of 177%.
  • Gross margin was 34%, compared to 30%. The year over year increase is primarily related to the two non-recurring projects with payors that were previously announced.
  • Non-GAAP Adjusted EBITDA was $4.8 million, compared to $2.4 million, an increase of 101% compared to a year ago. Adjusted EBITDA margin of 18% in the fourth quarter of 2016 compared favorably to 12% during the same period in 2015. Adjusted EBITDA was also favorably impacted by the two non-recurring contracts with payors.
  • Net loss was $6.0 million, compared to net income of $1.1 million. Fourth quarter 2016 included a $5.0 million expense related to the early extinguishment of debt as well as $3.4 million of incremental stock-based compensation expense related to restricted stock grants and shares issued in connection with TRHC’s initial public offering.
  • Net loss per diluted share was $0.39, compared to net income per diluted share of $0.03. The net loss and net income per share calculations were based on a diluted share count of 15.4 million for the fourth quarter of 2016, compared to 12.4 million shares a year ago.
  • Non-GAAP Adjusted net income per diluted share was $0.10, compared to a net loss per share of $0.01.

Financial Performance for the Twelve Months Ended December 31, 2016

All comparisons, unless otherwise noted, are to the twelve months ended December 31, 2015.

  • Total revenue was $94.1 million, an increase of 34%. Total revenue included product revenue of $79.4 million, an increase of 32%, and service revenue of $14.6 million, an increase of 47%.
  • Gross margin was 31%, compared to 30%. The year over year increase is primarily related to the two non-recurring projects with payors.
  • Non-GAAP Adjusted EBITDA was $13.6 million, compared to $8.6 million, an increase of 58% compared to a year ago. Adjusted EBITDA margin of 14.5% in 2016 compared favorably to 12.3% in 2015. Adjusted EBITDA was also favorably impacted by the two non-recurring contracts with payors.
  • Net loss was $6.3 million, compared to a net loss of $2.9 million. Full year 2016 included $6.4 million of expense related to the early extinguishment of debt, $4.5 million of interest expense and $3.5 million of incremental stock-based compensation expense related to restricted stock grants and shares issued in connection with TRHC’s initial public offering.
  • Net loss per diluted share was $0.59, compared to a net loss per share of $2.97. The net loss per share calculations were based on a diluted share count of 11.6 million for the full year 2016, compared to 4.3 million shares a year ago.
  • Non-GAAP Adjusted net income per diluted share was $0.19, compared to a net loss per share of $0.07.

A reconciliation of GAAP to non-GAAP results has been provided in this press release in the accompanying tables. Non-GAAP results exclude change in fair value of warrant liability, loss on extinguishment of debt, change in fair value of acquisition-related contingent consideration (income) expense, change in fair value of acquisition-related consideration expense, and stock-based compensation expense. An explanation of these measures is also included below under the heading “Non-GAAP Financial Measures”.

Business Outlook

First Quarter 2017 Guidance: Revenue for TRHC’s first quarter 2017 is expected to be in the range of $25.5 million to $26.5 million. Net loss is expected to be in the range of $1.6 million to $3.1 million. Net loss projections include incremental stock-based compensation expense of approximately $3.1 million related to restricted stock grants issued in connection with TRHC’s initial public offering. Adjusted EBITDA is expected to be in the range of $2.5 million to $3.0 million.

Full Year 2017 Guidance: Revenue for fiscal year 2017 is expected to be in the range of $116.0 million to $118.0 million. Net income (loss) is expected to be in the range of a net loss of $0.5 million to net income of $0.9 million. Net income (loss) projections include incremental stock-based compensation expense of approximately $5.2 million related to restricted stock grants issued in connection with TRHC’s initial public offering, which will be fully expensed by May 2017. There are no debt extinguishment charges anticipated in 2017. Adjusted EBITDA is expected to be in the range of $15.5 million to $17.0 million.

Quarterly Conference Call

As previously announced, TRHC will hold a conference call with members of executive management to discuss its fourth quarter and full year 2016 performance today, Monday, March 13, 2017, at 5:00 p.m. EDT. Stockholders and interested participants may listen to a live broadcast of the conference call by dialing 844-413-0947 or 216-562-0423 for international callers, and referencing participant code 64870364 approximately 15 minutes prior to the call. A live webcast of the conference call will be available on the investor relations section of TRHC’s website at ir.trhc.com and an audio file of the call will also be archived and available for replay approximately two hours after the live event for a period of 90 days thereafter at ir.trhc.com. After the conference call, a replay will be available until April 12, 2017 and can be accessed by dialing 855-859-2056 or 404-537-3406 for international callers, and referencing participant code 64870364.

About Tabula Rasa HealthCare

Tabula Rasa HealthCare (NASDAQ:TRHC) is a leader in providing patient-specific, data-driven technology and solutions that enable healthcare organizations to optimize medication regimens to improve patient outcomes, reduce hospitalizations, lower healthcare costs and manage risk. Since 2011, TRHC has focused on optimizing outcomes for PACE and other healthcare organizations through its unique Medication Risk Mitigation software and Medication Decision Support and Adherence tools that personalize each participant’s medication regimen.  For more information, please visit: www.TRHC.com.

Non-GAAP Financial Measures

In addition to reporting all financial information required in accordance with accounting principles generally accepted in the United States of America (GAAP), TRHC is also reporting Adjusted EBITDA and Adjusted Diluted EPS, each of which is a non-GAAP financial measure. Generally, a non-GAAP financial measure is a numerical measure of a company’s performance or financial position that either excludes or includes amounts that are not normally excluded or included in the most directly comparable measure calculated and presented in accordance with GAAP.

Adjusted EBITDA consists of net income (loss) plus certain other expenses, which includes change in fair value of warrant liability, interest expense, loss on extinguishment of debt, provision (benefit) for income tax, depreciation and amortization, change in fair value of acquisition-related contingent consideration (income) expense, change in fair value of acquisition-related consideration expense, and stock-based compensation expense. TRHC defines Adjusted Diluted EPS as net income (loss) attributable to common stockholders before accretion of redeemable convertible preferred stock, fair value adjustments related to the remeasurement of warrant liabilities, losses on the extinguishment of debt, fair value adjustments for acquisition-related contingent consideration, fair value adjustments for acquisition-related consideration, stock-based compensation expense, and the tax impact of those items expressed on a per share basis using weighted average diluted shares outstanding. TRHC believes the exclusion of these items assists in providing a more complete understanding of the company’s underlying operations results and trends and allows for comparability with TRHC’s peer company index and industry and to be more consistent with TRHC’s expected capital structure on a going forward basis. Please note that other companies might define their non-GAAP financial measures differently than TRHC does.

TRHC presents these non-GAAP financial measures in this release because it considers them to be important supplemental measures of performance. TRHC uses these non-GAAP financial measures for planning purposes, including analysis of the company’s performance against prior periods, the preparation of operating budgets and determination of appropriate levels of operating and capital investments. TRHC believes that these non-GAAP financial measures provide additional insight for analysts and investors in evaluating the company’s financial and operational performance. TRHC also intends to provide these non-GAAP financial measures as part of the company’s future earnings discussions and, therefore, their inclusion should provide consistency in the company’s financial reporting.

Non-GAAP financial measures have limitations as an analytical tool. Investors are encouraged to review the reconciliation of the non-GAAP measures to their most directly comparable GAAP measures provided in this release, including in the accompanying tables.

Safe Harbor Statement

This press release includes forward-looking statements that we believe to be reasonable as of today’s date.  Such statements are identified by use of the words “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “should,” and similar expressions.  These forward-looking statements are based on management’s expectations and assumptions as of the date of this press release.  Actual results might differ materially from those explicit or implicit in the forward-looking statements. Important factors that could cause actual results to differ materially include: our continuing losses and need to achieve profitability; fluctuations in our financial results; the acceptance and use of our products and services by PACE organizations; the need to innovate and provide useful products and services; risks related to changing healthcare and other applicable regulations; our ability to maintain relationships with a specified drug wholesaler; increasing consolidation in the healthcare industry; managing our growth effectively; our ability to adequately protect our intellectual property; the requirements of being a public company; our ability to recognize the expected benefits from acquisitions on a timely basis or at all; our status as an “emerging growth company”; and the other risk factors set forth from time to time in our filings with the Securities and Exchange Commission (“SEC”),  including those factors discussed under the caption “Risk Factors” in our prospectus, filed with the SEC on September 29, 2016, pursuant to Rule 424(b) under the Securities Act, copies of which are available free of charge within the Investor Relations section of the Tabula Rasa HealthCare website http://ir.tabularasahealthcare.com or upon request from our Investor Relations Department. Tabula Rasa HealthCare assumes no obligation and does not intend to update these forward-looking statements, except as required by law, to reflect events or circumstances occurring after today’s date.




Livecoin, the Fourth Largest Altcoin Exchange

Livecoin, the Fourth Largest Altcoin Exchange Is Now Available in Eight Languages

The addition of eight different languages to the platform makes Livecoin a truly global altcoin exchange.

Livecoin, the Fourth Largest Altcoin Exchange

February 25, 2017 – Buz Investors Livecoin, the Fourth Largest Altcoin Exchange Livecoin, the fourth largest altcoin exchange  on the internet has announced a range of new feature additions and platform improvements. These new changes provide unprecedented ease of access to the global cryptocurrency community. The platform has extended support to 8 different languages including English, Chinese, Spanish, Portuguese, Russian, Italian, French and Indonesian (Bahasa). It allows a significant number of international traders to use Livecoin in their own native language.



OTHER STORIES BUZ TRADERS FOLLOW

Livecoin, the Fourth Largest Altcoin Exchange

// Let us help you become financially independent. Read exclusive stories, bitcoin analysis and tutorials. Use the coupon code “CCN” and get $10 off. Join Hacked.com now. //

The Livecoin platform now sports a new, simple, and easy to use interface that is optimized for convenient trading. The platform has further standardized its minimum order amount by setting it at 0.0001 BTC for all cryptocurrency pairs. With these latest changes, Livecoin stands true to its commitment to making it easy for the traders, irrespective of their experience levels to indulge in cryptocurrency trading activity. While beginners get the hang of cryptocurrency trading by interacting with a user-friendly platform, seasoned traders can make use of the platform’s various tools to execute profitable trades.

Livecoin is constantly in the process of adding new cryptocurrencies. It has recently included Iconomi, SpectreCoin, and BitConnect. Users can expect more altcoin pairs to be introduced soon.

About Livecoin

Started as an exchange for just Bitcoin and Litecoin, today Livecoin has turned into a gateway to the crypto-market. Livecoin prides itself on the highly functional and customizable interface, with different levels of sophistication suitable for both new traders and seasoned market sharks. All coins are examined thoroughly before being added to the roster. With a stringent review process in place, Livecoin today lists 85 different altcoins.

Livecoin offers free debit cards to its traders for swift cash withdrawals. Meanwhile, any funds stored on the platform is secured in cold storage to ensure its safekeeping.

Learn more about Livecoin at – https://www.livecoin.net/

Tech Stocks ( GOOG)   (MSFT ) ( AAPL ) (BBRY ) ( gopro )  ( WDC )




uz Investors Japan GDP Growth The Japanese economy advanced 0.2 percent on quarter in the fourth quarter of 2016, below market estimates of a 0.3 percent expansion.

Japan GDP Growth Rate fourth quarter of 2016

Japan GDP Growth Rate fourth quarter of 2016

uz Investors Japan GDP Growth The Japanese economy advanced 0.2 percent on quarter in the fourth quarter of 2016, below market estimates of a 0.3 percent expansion.

Buz  Investors Japan GDP Growth  The Japanese economy advanced 0.2 percent on quarter in the fourth quarter of 2016, below market estimates of a 0.3 percent expansion. Domestic demand was flat. GDP Growth Rate in Japan averaged 0.51 percent from 1980 until 2016, reaching an all time high of 3.20 percent in the second quarter of 1990 and a record low of -4.80 percent in the first quarter of 2009.

The Japanese economy advanced 0.3 percent on quarter in the three months to September of 2016, below preliminary estimates of a 0.5 percent expansion. Domestic demand was flat and net trade contributed less to growth than initially estimated.



Other Stories Buz Traders Follow

Japan GDP Growth

Domestic demand was flat (0.1 percent in the preliminary estimate) and showed no contribution to growth. Household consumption increased 0.3 percent (0 percent in the preliminary estimate) and private residential investment went up 2.6 percent (2.3 percent in the preliminary estimate) while non-residential investment shrank 0.4 percent (0 percent in the preliminary estimate). Public spending rose at a slower 0.3 percent (0.4 percent in the preliminary estimate) and public investment edged up 0.1 percent (-0.7 percent in the preliminary estimate).
Meanwhile, changes in inventories subtracted 0.3 percentage points from growth (-0.1 percentage points in the preliminary estimate).
External demand added 0.3 percentage points to growth (0.5 percent in the preliminary estimate), as exports of goods and services expanded 1.6 percent (2 percent in the preliminary estimate) while imports dropped 0.4 percent (-0.6 percent in the preliminary estimate).



major currencies: (EUR-USD) (USD-JPY) (USD-GBP) (USD-CHF), (USD-CAD), (AUD-USD)




Buz Investors XAGUSD Price of Silver The silver market performed reasonably well in 2016, with the price of the precious metal picking up more than $2 to close the year at $15.88 per ounce. That in turn helped boost the prospects for silver-tracking investments like the iShares Silver Trust

$XAGUSD Silver Prices Edge Lower; On Track for Fourth Consecutive Weekly Gain

Silver Prices Edge Lower; On Track for Fourth Consecutive Weekly Gain

Silver

  • Buz Investors Silver Prices Edge Lower This morning, silver is trading at $16.87 per ounce at 10:40 GMT, 0.94% lower from the New York close.
  • Silver witnessed a high of $17.09 per ounce and a low of $16.84 per ounce during the session.
  • Yesterday, silver traded marginally higher in the New York session and closed at $17.03 per ounce. Silver has its first support at $16.72 per ounce and its first resistance at $17.06 per ounce.




Silver Prices Edge Lower

Buz Investors Silver Prices Edge Lower This morning, silver is trading at $16.87 per ounce at 10:40 GMT, 0.94% lower from the New York close. Silver witnessed a high of $17.09 per ounce and a low of $16.84 per ounce during the session.

Silver Prices Edge Lower Silver expenses declined on Friday, but changed into still poised for his or her fourth consecutive weekly advance as political instability continued to roil the financial markets.

March silver futures fell 7 cents, or 0.four%, to $sixteen.93 a troy ounce at eight:01 am ET. For the week, silver become on target for a 1% benefit.

 

Other Stories Buz Traders Follow

Silver Prices Edge Lower

February gold futures have been clearly unchanged Friday, and have been remaining seen buying and selling at $1,202.40 a troy ounce. The yellow metal is up 0.5% for the week.

The dollar prolonged its recuperation to three days on Friday following a deluge of upbeat financial statistics during the week. The dollar index rose zero.2% to 101.38, reversing a sharp drop at the start of the week. The U.S. currency placed up robust profits against the euro, pound and Canadian dollar.

On Thursday evening, Federal Reserve Chair Janet Yellen told an audience in San Francisco the U.S. economy become drawing near the primary bank’s goal and that slow interest rate will increase are essential.

Commodities ( Gold ) ( Silver ) ( Lithium )