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Trading Ideas

U.S. Treasury’s Mnuchin says Boeing, Airbus licenses to sell jets to Iran to be revoked

Licenses for Boeing Co (BA.N) and Airbus (AIR.PA) to sell passenger jets to Iran will be revoked, U.S. Treasury Secretary Steve Mnuchin said on Tuesday after President Donald Trump pulled the United States out of the 2015 Iran nuclear agreement. Trump said he would reimpose U.S. economic sanctions on Iran, which had been lifted under the agreement he has harshly criticized. …read more […]

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Trading Ideas

McKesson Stock Price and Research (NYSE: MCK)

McKesson (NYSE: MCK) is a large cap company that operates within the health care providers and services industry. Its market cap is $30 billion today and the total one-year return is 2.87% for shareholders.

McKesson stock is underperforming the market. It’s beaten down, but it reports earnings soon. So is it a good time to buy? To answer this question we’ve turned to the Investment U Stock Grader. Our research team built this system to diagnose the financial health of a company.

Our system looks at six key metrics…

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✓ Earnings-per-Share (EPS) Growth: McKesson reported a recent EPS growth rate of 50.17%. That’s …read more […]

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Trading Ideas

FedEx to Transfer $6 Billion in Pension Obligations to MetLife

FedEx Corp. is transferring $6 billion in U.S. pension obligations to MetLife Inc. The deal covers the pension benefits of 41,000 retirees and beneficiaries who currently receive a monthly payout and meet certain conditions, the courier said in a statement Tuesday. Benefits won’t change, FedEx said, without disclosing the cost of the transaction. …read more […]

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Business News

Boeing to consult U.S. after Trump move puts Iran jet deal in jeopardy

WASHINGTON (Reuters) – Boeing Co said on Tuesday it will consult with the U.S. on “next steps” after President Donald Trump’s decision to withdraw from a 2015 agreement designed to deny Iran the ability to build nuclear weapons, put a $17 billion deal to sell jets to Iran in jeopardy.

…read more […]