Trading Ideas
Here's How Things Took a Wrong Turn for Casino ETF Lately
Inside the pain of the casino gaming ETF. …read more […]
Month: August 2018
Business News
Upbeat earnings lift stocks as trade fears cap gains and pressure dollar
Stocks around the world advanced on Friday on strong earnings, with consumer staples results boosting Wall Street, though a trade spat between the United States and China along with weaker-than-expected U.S. jobs numbers capped gains and weighed on the dollar.
Business News
Wall Street gains as upbeat earnings trump trade jitters
U.S. stocks advanced on Friday as upbeat earnings helped investors shrug off heightened trade anxieties and weaker-than-expected July jobs growth.
Business News
Wells Fargo faces probes over low-income housing tax credits: filing
Multiple U.S. agencies are probing Wells Fargo & Co’s use of low-income housing tax credits, the bank said in a regulatory filing on Friday.
Trading Ideas
Mazor Robotics' Q2 Revenue Declines Despite Volume Gains
System placements grew 25%, but lower pricing terms from its commercial deal with Medtronic cause the top line to head in reverse. …read more […]
Business News
Dish results beat estimates, shares jump 14.5 percent
Dish Network Corp reported better-than-expected quarterly profit and revenue on Friday, as the company lost fewer satellite TV subscribers than expected and said it was on track to build the first phase of its wireless network.
Trading Ideas
Sierra Sustains Its Momentum, Approves a Huge Share Repurchase Plan
The Internet of Things pure play continued to enjoy growth from its two highest-margin segments. …read more […]
Business News
Wall Street ends higher as strong earnings offset trade fears
U.S. stocks advanced on Friday as upbeat earnings helped investors shrug off heightened trade anxieties and weaker-than-expected July jobs growth.
Business News
Strong earnings lift stocks but trade fears cap gains and pressure dollar
Stocks around the world edged higher on Friday on robust earnings, with consumer staples results boosting Wall Street, though a trade spat between the United States and China along with tepid U.S. jobs numbers capped gains and weighed on the dollar.
Business News
Wall Street eyes more gains from Apple, its $1 trillion stock
Shares in Apple Inc edged higher on Friday but stayed close to the $1 trillion valuation milestone the iPhone maker reached a day earlier, even as Wall Street predicted more gains.
Trading Ideas
Why Rite Aid Corporation Gained 16% Last Month
Shares of the drugstore chain rose in anticipation of its merger vote with Albertson’s. …read more […]
Business News
U.S. tax cuts prompt rethink by some ‘inverted’ companies
A few U.S. companies that moved offshore in a wave of inversion deals are considering returning to the United States now that domestic tax rates are lower and tax policing is tougher abroad, attorneys and consultants said.
Business News
White House: Open to further talks with China on trade
The White House said on Friday the United States is open to further talks with China on how to resolve a tit-for-tat trade dispute between Washington and Beijing.
Business News
S&P, Dow advance as investors shrug off trade jitters
The S&P 500 and the Dow Jones Industrial Average gained ground and the Nasdaq was essentially flat on Friday as positive earnings helped investors overlook heightened trade tensions and weaker than expected July jobs growth.
Business News
Chinese tariffs on LNG, oil aim at U.S. energy dominance agenda
China’s targeting of U.S. liquefied natural gas and crude oil exports opens a new front in the trade war between the two countries, at a time when the White House is trumpeting growing U.S. energy export prowess.