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April 2017

30Apr 2017

The Big Short – One trader’s gambled £80m on the demise of US shopping malls

Short call: Wall Street trader Eric Yip is betting shopping malls will collapse

Eric Yip spent his childhood working in his parents’ store at a shopping mall in a small New Jersey town. The family sold homewares and T-shirts from the Burlington Center.

In the early 1980s, the 103,000 sq ft retail complex had more than 100 stores and was the heart of the community, credited with creating a development boom in the town.

Today, though, just a handful of shops remain and it is virtually silent.

30Apr 2017

Sirius Minerals (LON:SXX) digs deep to mine in the Yorkshire Moors

Chris Fraser, Managing Director and Chief Executive Officer, said:

“This is another important milestone for the Company as we fulfil our commitment to move to the Main Market.  The delivery of our Woodsmith Mine and associated infrastructure continues to proceed in a timely fashion and we look forward to providing further updates in due course.”

30Apr 2017

The Progress of Facebook’s 10-Year Masterplan

In the company’s first 10 years, Mark Zuckerberg transformed Facebook from a college side-project into a multi-billion dollar platform.

Along the way, Zuckerberg was given many opportunities to exit. He was offered $75 million from Viacom in the very early days, and then $1.5 billion later on (including $800 million cash up front). Yahoo also missed out on making a deal after having its $1 billion offer rejected in 2006.

29Apr 2017

Share Talk – Steve Shares 29th April

Welcome to Steve Shares. This publication is an interactive weekly update on what’s happening over social media and the trending stocks that have made the news this week. I highlight and comment on the coming news and events in connection with the trending stocks. I provide a round up of Share Talk’s key company interviews over the last week. If you think that a certain share or a key news item should be reported on be in the next edition, let me know by contacting me. My details are at the bottom of the page…

29Apr 2017

Old financial services, new tricks: How 15 classic brands are tackling fintech

With a bit of flexibility, forward-thinking and cooperation with fintechs, long-established financial services show there’s life in the old dogs yet. With so many hot new fintech kids on the block, these days, staying ahead in financial services means a bit of ‘Keeping Up with the Card-cash-ians’. Yes, the new breed of banking and finance is informal, mobile and totes millennial-friendly.

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