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Tag: reasons

The battle for Sky: Five reasons why it matters

The battle for Sky: Five reasons why it matters

Business
Powerful media firms with deep pockets are lining up to try to buy Sky.The Rupert Murdoch-controlled 21st Century Fox is in a bidding war with US media giant Comcast over the prize, with billions of pounds at stake.This is all very good news for Sky shareholders, but why else is it important?1. Sky is a big playerSky is "a jewel in a crown", says media analyst Alice Enders.The broadcaster has nearly 23 million pay-TV subscribers in Europe, with more scope for expansion there than in the US, and it has a broadband business.In February, Sky Sports won the rights to UK Premier League TV packages, and Sky also licenses shows including Game of Thrones, as well as producing its own original content.2. The impact on pricesNo matter who ...
Crypto trader explains 3 reasons ethereum is a better bet than bitcoin

Crypto trader explains 3 reasons ethereum is a better bet than bitcoin

Finance
Bitcoin is on the decline, but ethereum might be a better bet in cryptocurrency, Brian Kelly told CNBC. Bitcoin, the most popular digital coin and largest by market cap, was priced around $ 6,400 on Friday — a staggering decline from its December highs of around $ 19,500. But cryptocurrency is still a relatively new industry, and while all eyes are on bitcoin, Kelly, founder and CEO of BKCM LLC, an investment firm focused on digital currencies, said there are other digital coins that investors might want to consider. "Just remember," Kelly sa...
Think petrol is the only thing hurting? 3 reasons why June will be rough for you

Think petrol is the only thing hurting? 3 reasons why June will be rough for you

Finance
Come June, and consumers are going to be hit by a volley of price hikes. Steep hike in fuel prices does not burn a hole in the pockets of only those who buy fuel. Every consumer is impacted by a hike in fuel price because fuel is what the economy runs on. Steep fuel prices and many other factors such as the closure of Sterlite Copper plant in Tuticorin will disappoint consumers from next month as prices of many consumer goods are going to rise. White goods Price of air-conditioners, refrigerators, washing machines and microwave ovens are set to get dearer by 2-5% from next month due to increase in crude oil prices, depreciation of the rupee and rates of key raw material steel and copper hardening up, according to industry executives. The net increase will be in the range of Rs 400 to over...
Here are the biggest reasons every entrepreneur should have a financial plan

Here are the biggest reasons every entrepreneur should have a financial plan

Finance
I understand the attraction and challenges of entrepreneurship. I am also acutely aware of how financial planning for entrepreneurs is different. In college I went to Mexico to study Spanish and paid for most of the cost by buying American candy in bulk and selling it to other students. In my working career I've spent more time working for myself than working in a corporation.Financial planning for entrepreneurs can be more difficult. But being an entrepreneur has many payoffs. Retiring years before "normal" retirement age, starting another business or only working on things that are really interesting to them personally are all things clients who have entrepreneurial goals can achieve. But you need a financial plan to attain those payoffs.Planning in the early stage of an entrepreneurial ...
3 Reasons to Buy Garmin Stock

3 Reasons to Buy Garmin Stock

Finance
If you wrote off Garmin (NASDAQ: GRMN) stock after GPS-enabled smartphones began disrupting the company's automotive navigation device business some years back, it's time for you to take another look. The company just wrapped up its second straight year of sales and profitability gains, despite challenges in a few of its biggest market niches.Garmin expects that momentum to continue in 2018, and shareholders can count on an added boost to their ROI from its recently hiked dividend . There are better reasons than a meaty 3.5% yield to consider investing in this solid business, though.Image source: Getty Images.Diversification rulesGarmin's 2017 results demonstrated the power of its diversified product portfolio. Sure, revenue from its automotive GPS segment shrank last year, as they have an...