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Home2018July

Month: July 2018

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Business News

Einhorn’s Greenlight is trying to end fund losses: letter

July 31, 2018 Editor Comments Off on Einhorn’s Greenlight is trying to end fund losses: letter

Billionaire investor David Einhorn, whose Greenlight Capital lost 18.3 percent in the first six months of the year, told clients on Tuesday he has been trying to repair the damage.

…read more […]

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Trading Ideas

It's Finally Time for AMC to Thank MoviePass

July 31, 2018 Editor Comments Off on It's Finally Time for AMC to Thank MoviePass

AMC Stubs A-List continues to benefit from the arrival and now upheaval at MoviePass. …read more […]

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Business News

MGM Resorts signs sports betting agreement with NBA

July 31, 2018 Editor Comments Off on MGM Resorts signs sports betting agreement with NBA

MGM Resorts International said on Tuesday it signed an agreement with the NBA to become the basketball league’s first sports betting partner.

…read more […]

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Business News

Equities inch higher on U.S.-China talks report

July 31, 2018 Editor Comments Off on Equities inch higher on U.S.-China talks report

Stock markets edged up globally on Tuesday on a report that the United States and China were seeking to resume talks to defuse a budding trade war, while the dollar rose against the yen after the Bank of Japan said it intends to keep interest rates low.

…read more […]

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Business News

L.A. prosecutors decline to pursue sex abuse charges against CBS CEO Moonves

July 31, 2018 Editor Comments Off on L.A. prosecutors decline to pursue sex abuse charges against CBS CEO Moonves

Los Angeles prosecutors said on Tuesday that they had declined to pursue three accusations of sexual abuse against CBS Corp Chief Executive Les Moonves dating back to the 1980s because the statute of limitations had expired.

…read more […]

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Business News

Wall St. rebounds, led by industrials, tech

July 31, 2018 Editor Comments Off on Wall St. rebounds, led by industrials, tech

U.S. stocks bounced back on Tuesday as industrial and technology stocks pulled the market higher on news of a possible easing of tariff tensions between the United States and China.

…read more […]

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Business News

Cummins to recall 500,000 U.S. trucks over faulty emissions part

July 31, 2018 Editor Comments Off on Cummins to recall 500,000 U.S. trucks over faulty emissions part

Cummins Inc has agreed to recall about 500,000 medium- and heavy-duty trucks in the United States to correct a faulty emissions control system in the engines it made for the trucks, the U.S. Environmental Protection Agency said on Tuesday.

…read more […]

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Business News

Pfizer CEO expects Trump to eliminate drug rebates

July 31, 2018 Editor Comments Off on Pfizer CEO expects Trump to eliminate drug rebates

Pfizer Inc Chief Executive Ian Read said on Tuesday he believes the Trump administration intends to stop the practice of allowing rebates on prescription drug purchases, suggesting that U.S. drug pricing reforms may focus on middlemen rather than drugmakers.

…read more […]

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Business News

Parent of MoviePass raises prices, cuts service; shares sink

July 31, 2018 Editor Comments Off on Parent of MoviePass raises prices, cuts service; shares sink

The parent company of embattled movie theater subscription service MoviePass announced on Tuesday that it will seek to limit losses by hiking its monthly fees by 50 percent within the next 30 days while limiting opportunities for subscribers to see most films during their first two weeks in theaters.

…read more […]

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Business News

Chipotle slumps 9 percent after Ohio outlet linked to food poisoning complaints

July 31, 2018 Editor Comments Off on Chipotle slumps 9 percent after Ohio outlet linked to food poisoning complaints

More than 100 people said they had fallen sick after eating at a Chipotle Mexican Grill Inc restaurant in Ohio, sending shares of the burrito chain down as much as 9 percent on Tuesday.

…read more […]

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Industrials, tech lead Wall Street gains on renewed trade hopes

July 31, 2018 Editor Comments Off on Industrials, tech lead Wall Street gains on renewed trade hopes

U.S. stocks rose on Tuesday, led by gains in industrials and a rebound in technology stocks, after a report that the United States and China hoped to resume talks to defuse a trade war between the world’s two largest economies.

…read more […]

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Business News

Siemens thinks big with small-batch production

July 31, 2018 Editor Comments Off on Siemens thinks big with small-batch production

German engineering group Siemens is redoubling its efforts in an area where it has traditionally lagged: managing the processing of materials into medicines, chemicals or foodstuffs.

…read more […]

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Trading Ideas

As Administration eyes new tax cuts, Trump lashes out at Koch brothers

July 31, 2018 Editor Comments Off on As Administration eyes new tax cuts, Trump lashes out at Koch brothers

President Trump lashes out at Koch Brothers in a series of tweets. Yahoo Finance’s Seana Smith, Rick Newman and Dion Rabouin discuss. …read more […]

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Trading Ideas

Twitter gets upgraded; Pfizer jumps on earnings; Shopify drops; Qualcomm gains on $10B buyback plan

July 31, 2018 Editor Comments Off on Twitter gets upgraded; Pfizer jumps on earnings; Shopify drops; Qualcomm gains on $10B buyback plan

Yahoo Finance’s Seana Smith on the stocks making headlines in midday trading Tuesday. …read more […]

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Business News

Cummins to recall 500,000 trucks over faulty emissions part: EPA

July 31, 2018 Editor Comments Off on Cummins to recall 500,000 trucks over faulty emissions part: EPA

Cummins Inc has agreed to recall about 500,000 medium- and heavy-duty trucks produced between 2010 and 2015 to correct a faulty emissions control system part that degrades and allows too much nitrogen oxide pollution, the U.S. Environmental Protection Agency said on Tuesday.

…read more […]

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Carbonium Core (NASDAQ: TOMZ) Targets $1.5 Billion Annual Revenue Opportunity—Could It Become the MP Materials of Nuclear-Grade Graphite?

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Carbonium Core (NASDAQ: TOMZ) Targets $1.5 Billion Annual Revenue Opportunity—Could It Become the MP Materials of Nuclear-Grade Graphite? The AI revolution is creating an unprecedented surge in electricity demand—and Carbonium […]

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Next Super Stock (NASDAQ: TOMZ) Path to $1.5 Billion Revenue Potential w Nuclear Graphite

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