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Home2018August

Month: August 2018

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Business News

S&P, Nasdaq open at record highs as trade war fears recede

August 28, 2018 Editor Comments Off on S&P, Nasdaq open at record highs as trade war fears recede

The S&P 500 and the Nasdaq Composite index opened at record levels on Tuesday, lifted by hopes that a trade deal between the United States and Mexico will go some way to averting a global trade war.

…read more […]

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Business News

World stocks at six-month high as NAFTA deal eases trade war fears

August 28, 2018 Editor Comments Off on World stocks at six-month high as NAFTA deal eases trade war fears

World stocks rose to a six-month high on Tuesday, lifted by investor optimism that a U.S.-Mexico deal to overhaul the North American Free Trade Agreement will go some way to averting a global trade war.

…read more […]

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Business News

Tiffany’s results trump estimates, profit outlook up

August 28, 2018 Editor Comments Off on Tiffany’s results trump estimates, profit outlook up

Tiffany & Co’s quarterly results topped Wall Street estimates on Tuesday on strong demand for its jewelry in the Americas and China, prompting the luxury retailer to raise its full-year profit forecast.

…read more […]

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Business News

Best Buy second-quarter online sales growth slows, shares drop

August 28, 2018 Editor Comments Off on Best Buy second-quarter online sales growth slows, shares drop

Best Buy Co Inc on Tuesday reported online sales growth that decelerated from the previous quarter, sending its shares down 5 percent in premarket trade.

…read more […]

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Business News

Upscale jewelry chain Tiffany’s results beat, raises profit outlook

August 28, 2018 Editor Comments Off on Upscale jewelry chain Tiffany’s results beat, raises profit outlook

Tiffany & Co’s quarterly results topped Wall Street estimates on Tuesday on strong demand for its jewelry in the Americas and China, helping the upscale retailer raise its full-year profit forecast.

…read more […]

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Business News

Jewelry retailer Tiffany results beat, raises profit outlook

August 28, 2018 Editor Comments Off on Jewelry retailer Tiffany results beat, raises profit outlook

Tiffany & Co topped quarterly estimates for profit and revenue and raised its full-year profit forecast on Tuesday as the upscale retailer sold more jewelry in China and the Americas.

…read more […]

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Business News

Jewelry retailer Tiffany beats quarterly same-store sales estimates

August 28, 2018 Editor Comments Off on Jewelry retailer Tiffany beats quarterly same-store sales estimates

Tiffany & Co topped quarterly same-store estimates on Tuesday as the upscale retailer sold more jewelry in the Americas and Asia-Pacific regions.

…read more […]

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Business News

German, U.S. companies concerned despite EU trade truce with Trump: survey

August 28, 2018 Editor Comments Off on German, U.S. companies concerned despite EU trade truce with Trump: survey

Nearly three out of four companies doing business in Germany and the United States doubt that a U.S.-European trade truce reached last month will be followed by a lasting agreement on large-scale tariff cuts, a survey showed on Tuesday.

…read more […]

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Business News

EU clears $3.9 billion P&G deal for German Merck’s consumer health business unit

August 28, 2018 Editor Comments Off on EU clears $3.9 billion P&G deal for German Merck’s consumer health business unit

EU antitrust regulators have approved Procter & Gamble’s (P&G) 3.4 billion euro ($3.9 billion) acquisition of Merck KGaA’s consumer health unit, saying on Tuesday that they had no competition concerns.

…read more […]

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Trading Ideas

3 Stocks I'd Never Touch

August 28, 2018 Editor Comments Off on 3 Stocks I'd Never Touch

As a long-term investor, you’re buying a company, not a stock. So make sure you’re paying a fair price and that you trust management. …read more […]

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Trading Ideas

Trump Accuses Google of Rigging Search Results Against Him

August 28, 2018 Editor Comments Off on Trump Accuses Google of Rigging Search Results Against Him

U.S. President Donald Trump accused Alphabet Inc.’s Google of rigging its search results to display only negative stories about him, calling it “a very serious situation” that “will be addressed.” …read more […]

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Business News

Apollo Global Management funds to buy Aspen Insurance for $2.6 billion

August 28, 2018 Editor Comments Off on Apollo Global Management funds to buy Aspen Insurance for $2.6 billion

Aspen Insurance Holdings Ltd said on Tuesday certain funds affiliated to alternative investment manager Apollo Global Management LLC will take the insurer private in an all-cash transaction valued at $2.6 billion.

…read more […]

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Business News

World stocks hit six-month high as NAFTA deal eases trade war fears

August 28, 2018 Editor Comments Off on World stocks hit six-month high as NAFTA deal eases trade war fears

World stocks rose to a six-month high on Tuesday, lifted by investor optimism that a U.S.-Mexico deal to overhaul the North American Free Trade Agreement will go some way to averting a global trade war.

…read more […]

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Business News

Watch brand IWC opens new factory, expands ecommerce

August 28, 2018 Editor Comments Off on Watch brand IWC opens new factory, expands ecommerce

Swiss watch brand IWC, owned by luxury goods group Richemont , inaugurated a new manufacturing site in its hometown of Schaffhausen as it gets ready to meet growing demand for its timepieces.

…read more […]

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Business News

Asian markets cautiously optimistic on U.S.-Mexico trade deal

August 28, 2018 Editor Comments Off on Asian markets cautiously optimistic on U.S.-Mexico trade deal

Asian shares advanced on Tuesday and the U.S. dollar hovered near its lowest in a month, with risk appetite sharpened by the United States and Mexico reaching a deal to overhaul the North American Free Trade Agreement.

…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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