AMD: Bull Case Intact, But The Easy Upside Is Gone (Rating Downgrade)

Estate agents in Great Britain are experiencing the longest wait on record to receive commission payments, as the average home sale now takes 216 days from listing to completion, according to analysis by Rightmove. The property portal’s data shows the current timeline comprises 62 days to secure a buyer and a further 154 days between…

Bitcoin traded 3.3% higher at $71,629.78 by 09:03 UTC today (Thursday), extending a two-day advance after gaining about 7% on Wednesday. The move carried BTC through the top of its June to August range near $67,000 and into the 200-day exponential moving average at $71,541.21. A daily close above that average would activate $75,338.53 as…

Key insight: In a merger announced Monday, Seattle-based WaFd plans to combine with Jacksonville, Florida-based EverBank. Expert quote: “While investors may need time to get to know EverBank and its long-term strategy, we view it as a logical combination that should position EverBank and WaFd to generate more competitive returns together than either could achieve…

Pepper Money has reduced residential mortgage rates by up to 117 basis points for customers with recent credit challenges. The largest reductions apply to the Pepper 6 range, with two-year rate lowered by up to 117bps and five-year rates down by as much as 101bps. In addition, Pepper 12 two-year and five-year rates have been…

The South Korean memory-chip company’s new American depositary receipts began trading on Friday and logged gains of nearly 13%.

When you think of New York’s rent-stabilized housing stock, you may not think of Staten Island.  Indeed, the borough is only home to less than 1 percent of rent-stabilized housing units, 8,200 out of about 928,000.  But that’s where a group of landlords filed a petition to undo the New York Rent Guidelines Board’s decision…