LG’s latest financials explain its shift in mobile strategy

Earlier this month, LG said that it would row back on its smartphone ambitions by abandoning an annual cycle of smartphone launches. Rather than releasing a flagship just because Samsung did, LG would only pump out a handset when it felt that it should. The report speculated that the move was in anticipation of more […]

Here’s what the charts are saying about the financials

REUTERS/Lucas Jackson Financials are rallying on news of tax reform legislation. The charts suggest the sector could see further gains.    Financials on Monday responded positively, as expected, to the prospect of tax reform legislation, with names like Bank of America Corporation (BAC), Citigroup Inc. (C) and JPMorgan Chase & Co. (JPM) all gapping up on the […]