King getting crushed; Banks lobby the Fed over Volcker Rule; July retail sales are flat

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King getting crushed; Banks lobby the Fed over Volcker Rule; July retail sales are flat

by Hot Stock Minute 10:08 mins

King getting crushed; Banks lobby the Fed over Volcker Rule; July retail sales are flat

by Hot Stock Minute 10:08 mins

King Digital missed on revenue and lowered its revenue outlook for the year. Can the company find another hit after Candy Crush? Banks, lobbyists and lawmakers are reportedly asking the Federal Reserve to postpone Volcker Rule for seven years. Retail sales were flat in July, brought down in part by auto sales.

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