Trading Ideas
Google faces controversy, Adobe may make acquisition, Tesla loses another exec
Google, Adobe, Tesla and Nvidia are the companies to watch. …read more […]
Year: 2018
Business News
U.S. consumer regulator sues pension lender for misleading borrowers
The U.S. Consumer Financial Protection Bureau has filed suit against Future Income Payments, a Nevada company that offers cash advances in exchange for future pension benefits, which the regulator said are actually exceptionally high-interest loans.
Trading Ideas
Here's Why AMD Stock Is Gaining Again Today
Shares of Advanced Micro Devices (AMD) surged nearly 5% in early morning trading Thursday after the popular chip stock was the subject of another bullish analyst note. …read more […]
Business News
Trump denies pressure for trade deal as China welcomes U.S. talks invite
U.S. President Donald Trump said on Thursday that the United States was under no pressure to make a trade deal with China, even as Chinese officials welcomed an invitation from Washington for a new round of talks with more U.S. tariffs looming.
Business News
Exclusive: Airbus sales chief Eric Schulz expected to quit – sources
Airbus Chief Commercial Officer Eric Schulz, recruited from engine maker Rolls-Royce nine months ago to oversee the battle for jetliner sales against Boeing, is expected to resign his position, three people familiar with the matter said.
Business News
U.S. imposes North Korea-related sanctions on Russian, Chinese tech firms
The United States on Thursday imposed sanctions on a China-based tech firm, its North Korean CEO and a Russian subsidiary, accusing them of moving illicit funding to North Korea in violation of U.S. sanctions.
Trading Ideas
Mark Zuckerberg, one of the world's most powerful CEOs, has never worked at a company besides Facebook, and it's a blessing and a curse
Mark Zuckerberg, Facebook’s CEO and founder, has spent his entire career at one company. According to The New Yorker, Zuckerberg often relies on COO Sheryl Sandberg to find out how things work at other companies. Workplace experts say it’s important for long-tenured leaders like Zuckerberg to surround themselves with other perspectives. …read more […]
Business News
Trade hopes, Turkey rate hike feed the bulls
Signs of movement in the U.S.-China trade stand-off and a rate hike in emerging market trouble spot Turkey sent an index of global stocks higher on Thursday as risk appetite returned.
Business News
Peugeot’s DS brand adds mini-SUV to bolster rebounding sales
French carmaker PSA Group unveiled an SUV version of its DS3 upscale mini as it builds on a sales rebound underway at the eight-year-old premium DS brand.
Business News
Wall Street gains on tech rebound, trade relief
U.S. stocks rose on Thursday as Apple led a rebound in technology shares and trade worries eased after China said it was open to fresh talks with the United States.
Business News
Kroger misses same-store sales estimates as revamp deters customers
U.S. supermarket chain Kroger Co missed quarterly same-store sales estimates on Thursday, sending shares down 9.2 percent in premarket trading, as changes to the way it stocks merchandise on shelves kept some customers away from its stores.
Business News
New Apple watch could take bite out of Swiss market
The Swiss watch industry faces an increased threat from a new Apple Watch able to detect heart problems that is likely to appeal to older shoppers, industry experts said on Thursday.
Business News
Wall Street opens higher on tech rebound, easing trade worries
U.S. stocks opened higher on Thursday, as technology stocks bounced back and trade worries eased after China said it was open to new trade talks with the United States.
Business News
UPS expects automation, expansion plans to boost earnings by 2022
United Parcel Service Inc expects its automation and expansion plans to add between $1.00 and $1.20 to its adjusted earnings per share by 2022, the world’s biggest package delivery company said on Thursday.
Trading Ideas
UPS expects automation, expansion plans to boost earnings by 2022
“Transformation will lift our earnings, as we generate higher-quality revenue,” said Chief Executive Officer David Abney. The company will increase its sorting capacity in the United States by 350,000 to 400,000 pieces per hour, each year between 2018 and 2020, or about seven times the additional sorting capacity added in 2017, UPS said. …read more […]