Trading Ideas
What's coming to Netflix in June: 'Luke Cage,' 'Sense8' and 'GLOW'
Sometimes it can be hard to keep track of what’s coming to and leaving …read more […]
Month: May 2018
Business News
China’s Sinopec to boost U.S. crude imports to all-time high: sources
SINGAPORE (Reuters) – Sinopec, Asia’s largest refiner, will boost U.S. crude oil imports to an all-time high as China tries to reduce its trade deficit with the United States, two sources with knowledge of the matter said on Wednesday.
Business News
Trump calls for new ‘structure’for U.S.-China trade deal
WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday signaled a new direction in U.S.-China trade talks and said any deal would need “a different structure,” fueling uncertainty over current negotiations and sending U.S. stocks lower.
Business News
GE CEO sees no profit growth at power unit this year
NEW YORK (Reuters) – General Electric Co Chief Executive John Flannery said he is planning for the market for heavy duty gas power turbines to remain weak through 2020, and sees no profit growth at the large GE power business this year, according to a presentation he was due to make on Wednesday.
Trading Ideas
Your Marijuana ETF Primer
Editor’s Note: Like Chief Investment Strategist Alexander Green, Matthew is away this week sailing the ocean blue on The Oxford Club’s Chairman’s Circle Wealth Cruise. So it’s a great time to borrow an article he recently wrote for Energy & Resources Digest on the new category of marijuana ETFs.
It’s also a good (albeit bittersweet) time to let you know that Matthew will soon be bidding bon voyage to the Investment U e-letter.
It’s not because we don’t love and value him. I will personally miss our weekly banter about Elon Musk’s latest boneheaded move, traditional brick-and-mortar retailers who can’t adapt to …read more […]
Business News
Target reaffirms 2018 outlook, online investments hurt profit
NEW YORK (Reuters) – Target Corp shares pared losses to trade down 5 percent on Wednesday as investors weighed a lower-than-expected quarterly profit against the retailer’s unchanged full-year outlook.
Business News
Trump calls for new ‘structure’ for U.S.-China trade deal
WASHINGTON (Reuters) – U.S. President Donald Trump on Wednesday signaled a new direction in U.S.-China trade talks, saying the current track appeared “too hard to get done” and that any possible deal needed “a different structure.”
Business News
Wall Street drops as Trump fuels uncertainty over trade talks
(Reuters) – U.S. stocks fell on Wednesday after President Donald Trump injected a fresh dose of uncertainty into the outcome of U.S.-China trade talks by suggesting that any possible deal needed “a different structure.”
Business News
Deutsche Bank looks to cut 10,000 jobs to reduce costs: WSJ
FRANKFURT (Reuters) – Deutsche Bank is planning to cut 10,000 jobs, or about a tenth of its global workforce, as part of efforts to reduce costs, The Wall Street Journal reported on Wednesday.
Business News
Target reaffirms 2018 outlook as it makes online push
NEW YORK (Reuters) – Target Corp shares pared losses to trade down 5 percent on Wednesday as investors weighed a lower-than-expected quarterly profit against the retailer’s unchanged full-year outlook.
Business News
Trump teases ‘big news’ for U.S. auto workers, offers no details
WASHINGTON (Reuters) – U.S. President Donald Trump, who has repeatedly pledged to revive American manufacturing, on Wednesday said “big news” was coming that would be welcomed by U.S. autoworkers but he gave no details.
Business News
Wall Street opens lower as optimism over trade talks recedes
(Reuters) – Wall Street slipped at the open on Wednesday as U.S. President Donald Trump cast fresh doubts over current U.S.-China trade talks and investors awaited a Federal Reserve report for cues on pace of future interest rate hikes.
Business News
Comcast prepares to top Disney’s $50 billion offer for Fox
(Reuters) – Comcast Corp confirmed for the first time on Wednesday it was preparing a higher, all-cash offer for the businesses that Twenty-First Century Fox has agreed to sell to Walt Disney Co .
Business News
Deutsche Bank looking to cut 10,000 jobs: WSJ
FRANKFURT (Reuters) – Deutsche Bank is planning to cut 10,000 jobs, or about a tenth of its global workforce, as part of efforts to reduce costs, The Wall Street Journal reported on Wednesday.
Business News
Wall Street to open lower as optimism over trade talks fades
(Reuters) – Wall Street was headed to open lower on Wednesday after U.S. President Donald Trump cast fresh doubts over current U.S.-China trade talks and ahead of a Federal Reserve report that would be watched for cues on pace of future interest rate hikes.