Trading Ideas
Why KLX Inc. Stock Dropped 15% Today
Don’t worry, this is good news. …read more […]
Year: 2018
Business News
Bombardier expects Global 7500 jet certification this month: sources
Bombardier Inc expects its Global 7500 to receive certification from Canada’s transport regulator this month, a milestone needed for the plane-and-train maker to begin delivering its flagship business jet to clients, two sources familiar with the matter said.
Business News
Symantec names three Starboard nominees to board
Symantec Corp said on Monday it named three nominees of Starboard Value LP to the Norton anti-virus software maker’s board, barely a month after the activist investor took a stake in the company to push for a change.
Trading Ideas
Wall Street Sees Brighter Days Ahead for TerraForm Power Inc.
Analysts increasingly believe this high-yield renewable energy stock can achieve its growth targets. …read more […]
Trading Ideas
SpaceX to reveal moon flight passenger on Monday night
Musk’s SpaceX is supposed unveil its private moon flight passenger tonight. …read more […]
Trading Ideas
FedEx Raises Annual Profit Forecast With Surging E-Commerce Demand
FedEx Corp. increased its annual earnings forecast only three months after setting the goal, signaling its confidence in strong demand for parcel delivery and air cargo into 2019. …read more […]
Business News
FedEx quarterly profit misses Wall Street estimate
FedEx Corp reported quarterly profit that missed Wall Street estimates on Monday, as employee compensation and other expenses weighed on margins.
Business News
Wall Street slides ahead of Trump tariff announcement
U.S. stocks fell on Monday, led by declines in technology and consumer discretionary stocks as investors looked to President Donald Trump’s announcement regarding tariffs on $200 billion of Chinese imports.
Business News
Symantec appoints Starboard’s Peter Feld to its board
Symantec Corp said on Monday it appointed three independent directors to the cybersecurity firm’s board, including Peter Feld from activist investor Starboard Value LP.
Trading Ideas
Amazon and Apple slide; Caterpillar and ConocoPhillips rise
Stocks that moved substantially or traded heavily Monday: Teva Pharmaceutical Industries Ltd., up 58 cents to $23.43 The Food and Drug Administration approved Teva’s drug Ajovy, an injection intended to … …read more […]
Business News
Oracle first-quarter revenue up 1 percent
Business software maker Oracle Corp reported a 1 percent rise in quarterly revenue on Monday, helped by growth in its cloud services and license support business.
Business News
Trade tensions weigh on Wall Street
U.S. stocks fell on Monday, led by declines in technology and consumer discretionary stocks, as investors looked to President Donald Trump’s announcement regarding tariffs on $200 billion of Chinese imports.
Business News
U.S. review of CVS deal for Aetna may end soon: source
The U.S. Justice Department’s antitrust review of CVS Health Corp’s planned purchase of Aetna Inc may conclude soon, a source familiar with the review said on Monday.
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Pollution fears: Swollen rivers swamp ash dumps, hog farms
Flooded rivers from Florence’s drenching rains have swamped coal ash dumps and low-lying hog farms, raising pollution concerns as the swollen waterways approach their crests Monday. North Carolina environmental regulators say several open-air manure pits at hog farms have failed, spilling pollution. State officials also were monitoring the ongoing threat from the breach of a Duke Energy coal ash landfill near Wilmington. …read more […]
Business News
Trump says he will announce decision on China tariffs after market close
U.S. President Donald Trump said on Monday he would announce his latest plan on China tariffs after the markets close, with expectations he would level them on about $200 billion of Chinese imports.