Business News
Telecom Italia reappoints CEO Genish
PARIS (Reuters) – Telecom Italia (TIM) reappointed Amos Genish as its chief executive on Monday, French media group Vivendi said in a statement.
Year: 2018
Business News
Go to Omaha, young man: Chinese investors flock to Buffett
OMAHA, Neb. (Reuters) – China’s growing middle class is becoming a bigger force in global tourism. For a case in point, look no further than Nebraska the week of the Berkshire Hathaway Inc annual shareholders’ meeting.
Business News
Icahn, Deason want at least $40 per share for Xerox
(Reuters) – Activist investors Carl Icahn and Darwin Deason would consider a bid for Xerox Corp of $40 per share, or a split with Fujifilm that left the company independent, to resolve an ongoing proxy fight, they said in a letter on Monday.
Trading Ideas
Democrats to release 3,000 Russia-bought Facebook ads
You’re about to get more than a small sample of the Russia-connected Facebook …read more […]
Business News
Nestle and Starbucks strike $7.15 billion coffee licensing deal
LOS ANGELES/LONDON (Reuters) – Swiss-based Nestle , the world’s largest food and beverage company, will pay Starbucks Corp $7.15 billion in cash for exclusive rights to sell the U.S. chain’s packaged coffees and teas around the world, tying a premium brand to Nestle’s global distribution muscle.
Trading Ideas
'Arrested Development' returns to Netflix on May 29th
When revealing the re-edit of Arrested Development season four that hit …read more […]
Business News
Wall Street climbs on oil rally, tech gains
(Reuters) – Wall Street rose on Monday as energy stocks were boosted by U.S. crude hitting $70 per barrel for the first time since late 2014, while technology shares were lifted by Apple’s sixth day of gains.
Business News
Investor Carl Icahn sells stake in AIG: sources
(Reuters) – Billionaire investor Carl Icahn has sold his stake in American International Group Inc , ending a more than two-year association with one of the largest U.S. property and casualty insurers, according to a person familiar with the matter.
Trading Ideas
The EFF wants you to know why Facebook removed your post
The Electronic Frontier Foundation (EFF) wants more transparency from social …read more […]
Trading Ideas
3 Things to Watch When Energy Transfer Partners LP Reports Q1 Results
The pipeline giant needs to continue proving it’s heading in the right direction. …read more […]
Business News
Walmart to restrict opioid dispensing at its pharmacies
(Reuters) – Walmart Inc said on Monday it would restrict opioid prescriptions to no more than a seven-day supply as the retailer aims to curb an opioid epidemic that has plagued the United States.
Business News
In Omaha, preparing for change at Berkshire Hathaway
OMAHA, Neb. (Reuters) – The first question Warren Buffett was asked at Berkshire Hathaway Inc’s annual meeting on Saturday was whether he was “semi-retired,” having given four lieutenants oversight over the company’s operating businesses and some investments.
Trading Ideas
VEON Stock Price and Research (Nasdaq: VEON)
VEON (Nasdaq: VEON) is a $5 billion company today. Investors that bought shares one year ago are sitting on a -29.36% total return. That’s below the S&P 500’s return of 13.35%.
VEON 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…
[iu-adbox]
✗ Earnings-per-Share (EPS) Growth: VEON reported a recent EPS growth rate of -22.7%. That’s below the …read more […]
Trading Ideas
Tesla patent application explains how its solar roof tiles work
Tesla’s solar roof tiles are revolutionary because they look like regular …read more […]
Business News
Wall Street lifted by gains in oil, technology shares
(Reuters) – Wall Street was higher on Monday as U.S. crude hit $70 per barrel for the first time since late 2014, while shares of technology companies were lifted by Apple’s sixth day of gains.