Trading Ideas
Energy Transfer Equity LP Provides a Glimpse at What's Going on Behind the Scenes
The energy infrastructure giant’s management team was very candid on its first-quarter conference call. …read more […]
Year: 2018
Trading Ideas
Israel, Palestinians spar over new Jerusalem embassies
Israel celebrated the opening of Guatemala’s new embassy in Jerusalem on Wednesday as the Palestinians, infuriated by the relocation of the U.S. Embassy to the contested city, recalled their ambassadors to four European countries that had supported the move. Israel has been buoyed by the new Jerusalem missions, which have infuriated the Palestinians. The opening of the U.S. Embassy on Monday was met with mass protests on the Gaza border, where Israeli troops killed nearly 60 Palestinians, triggering a wave of international condemnation. …read more […]
Business News
Wall Street edges higher as retail stocks gain
(Reuters) – Wall Street edged higher on Wednesday as Macy’s strong results helped drive gains in retails stocks and more than offset losses in energy shares.
Business News
Trump says China has ‘much to give’ in trade negotiations: Twitter
WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday that “nothing has happened” with China’s ZTE Corp and that Beijing has “much to give” Washington on trade.
Business News
Wall Street opens flat as gains in retail stocks offset losses in energy shares
(Reuters) – Wall Street opened little changed on Wednesday as gains in retail stocks led by Macy’s offset losses in energy and financial shares. The Dow Jones Industrial Average rose 15.91 points, or 0.06 percent, at the open to 24,722.32. The S&P 500 opened higher by 1.17 points, or 0.04 percent, at 2,712.62. The Nasdaq Composite gained 4.59 points, or 0.06 percent, to 7,356.22 at the opening bell.
Business News
Deutsche Boerse’s chairman signals may not serve full term
FRANKFURT (Reuters) – The chairman of Deutsche Boerse’s supervisory board said on Wednesday he would not insist on serving another full three-year term amid criticism that he is partly to blame for management missteps.
Trading Ideas
Porsche 911 Speedster spied testing with new GT3
The last Porsche 911 Speedster was a limited-production special that marked the end of the 997-generation 911. We’ve seen spy photos of that car’s follow-up a few times by now, each revealing a little bit more than the last. From what we can tell, the new model is essentially a drop-top version of the 991.2 Porsche 911 GT3, 500 horsepower naturally-aspirated flat-six and all. …read more […]
Business News
Canada govt ready to indemnify Kinder Morgan pipeline project
OTTAWA (Reuters) – The Canadian government is prepared to financially shield Kinder Morgan Canada Ltd’s proposed Trans Mountain pipeline expansion against unnecessary delays that are politically motivated, Finance Minister Bill Morneau said on Wednesday.
Business News
Wall Street to open flat on rising U.S. yields, North Korea worries
(Reuters) – Wall Street was set to open little changed on Wednesday as investors assessed the impact of a surge in bond yields, while growing doubts about the U.S.-North Korea summit also weighed.
Trading Ideas
A Huge Decision Is on Tap for This Little Biotech Stock
A make-it or break-it determination is fast approaching for one tiny clinical-stage company. …read more […]
Business News
Macy’s shares surge after same-store sales, profit trounce estimates
(Reuters) – Macy’s Inc said stellar performance at its businesses helped push quarterly same-store sales and profit well above Wall Street estimates, signaling that the company was keeping up in a fiercely competitive retail landscape.
Trading Ideas
Options Traders Expect Huge Moves in Transocean (RIG) Stock
Investors in Transocean (RIG) need to pay close attention to the stock based on moves in the options market lately. …read more […]
Business News
Russia’s Alrosa sees rosy prospects from colorful diamonds
MOSCOW (Reuters) – Russia’s Alrosa , the world’s largest diamond producer by output, plans to boost revenue from selling rare, colored stones where demand is stable, although it is a niche business.
Business News
Macy’s same-store sales growth trumps estimates, shares rise
(Reuters) – Macy’s Inc reported a much better-than-expected increase in quarterly same-store sales, beating estimates for the second straight quarter, offering hopes for a company struggling to boost sales in the face of intense online competition.
Business News
White House on NAFTA: ‘We still want to see something happen’
WASHINGTON (Reuters) – The United States is pushing for a deal in negotiations on a revised North American Free Trade Agreement (NAFTA) and President Donald Trump is committed to getting a better agreement with Canada and Mexico, the White House said on Wednesday.