Trading Ideas
Why Is Enterprise Products (EPD) Down 1.8% Since Last Earnings Report?
Enterprise Products (EPD) reported earnings 30 days ago. What’s next for the stock? We take a look at earnings estimates for some clues. …read more […]
Month: August 2018
Business News
Wall Street opens lower as trade concerns weigh
U.S. stocks opened lower on Friday for a second day in a row, as concerns about the ongoing trade talks between the United States and other major economies hampered a record rally for the major indexes.
Business News
No Canadian agriculture concessions in U.S. trade talks: USTR
Canada has made no agriculture concessions to the United States in bilateral trade talks aimed at reaching deal in principle to modernize the North American Free Trade Agreement, a spokeswoman for the United States Trade Representative’s office said.
Trading Ideas
U.S., Canada slug it out as deadline looms to clinch NAFTA
Canada and the United States will make a final push to iron out differences on a pact to modernize the North American Free Trade Agreement (NAFTA) by a Friday deadline set by President Donald Trump, but the atmosphere soured late on Thursday according to a media report. U.S. Trade Representative Robert Lighthizer and Canadian Foreign Minister Chrystia Freeland were unable to clinch a deal despite meeting late into the evening on Thursday. …read more […]
Trading Ideas
U.S. Midterm Election May Be Harbinger for Emerging-Market Rally
If history teaches emerging-market investors one thing about U.S. midterms, it’s hang in there, ride out the volatility and wait for the rally. Since 1990, a strategy of purchasing stocks in MSCI’s emerging-market equity index on Oct. 31 in midterm years and selling 12 months later would have returned an average of 23 percent. In years without midterm elections, stocks gained an average of 9.3 percent over the same period. …read more […]
Trading Ideas
Amazon dethrones Tesla as the stock short sellers hate the most (TSLA, AMZN)
The e-commerce giant dethroned Elon Musk’s car company Thursday as the most heavily shorted stock as shares climbed above $2,000 for the first time. Less than one week after Tesla CEO Elon Musk ended his bid to take the electric-car company private, Amazon has passed it as the most-shorted US stock. Short interest in Amazon climbed to $9.97 billion on Friday, according to data from S3 partners, passing the $9.83 billion in bets against Tesla’s stock, which for months has been the most-shorted name in the market. …read more […]
Business News
Canada, U.S. may not reach NAFTA deal within deadline: Globe and Mail
Canada’s government officials have expressed concern that a final North American Free Trade Agreement (NAFTA) pact will not be reached within the Friday deadline set by U.S. President Donald Trump, the Globe and Mail reported, citing a source familiar with the matter.
Business News
CEO: Credit Suisse saw client activity drop since July – BBG TV
Credit Suisse has seen a drop in client activity since the start of the third quarter, Chief Executive Tidjane Thiam told Bloomberg Television, as customers become cautious amidst escalating trade worries.
Trading Ideas
3 Top Stocks for Low-Risk Investors to Consider Buying
These pipeline companies operate at the low end of the risk spectrum. …read more […]
Trading Ideas
Global shares extend falls on Trump trade threats
Global stocks fell for a second day on Friday as a report that U.S. President Donald Trump was preparing to step up a trade war with Beijing dampened risk appetite and erased some of the gains made in a rally this week. Trump is ready to impose tariffs on $200 billion more in Chinese imports as soon as a public comment period on the plan ends next week, Bloomberg News reported on Thursday. The White House declined comment.. …read more […]
Business News
Global shares extend falls on Trump trade threats
Global stocks fell for a second day on Friday as a report that U.S. President Donald Trump was preparing to step up a trade war with Beijing dampened risk appetite and erased some of the gains made in a rally this week.
Trading Ideas
2 Ultra-Cheap Dividend Stocks You Can Buy Right Now
These high-yielding pipeline stocks come with a bottom-of-the-barrel price tag …read more […]
Trading Ideas
Juncker pledges to boost auto tariffs if Trump reneges on agreement
The European Union will respond in kind if U.S. President Donald Trump reneges on his pledge not to impose car tariffs, European Commission President Jean-Claude Juncker said as trade tensions between Europe and the United States rose again. Juncker told German broadcaster ZDF on Friday that the EU would not let anyone determine its trade policies. Trump rejected on Thursday an EU offer to eliminate tariffs on cars and said the EU’s trade policies are “almost as bad as China”, Bloomberg News reported. …read more […]
Business News
Juncker pledges to boost auto tariffs if Trump reneges on agreement
The European Union will respond in kind if U.S. President Donald Trump reneges on his pledge not to impose car tariffs, European Commission President Jean-Claude Juncker said as trade tensions between Europe and the United States rose again.
Business News
From Unilever to Ford, companies in Venezuela cling on by cutting products
Unilever’s factory in the outskirts of the northern Venezuelan city of Valencia once bustled with activity as it produced everything from soap to toothpaste for one of South America’s wealthiest economies.