Trading Ideas
Micron's Rock-Bottom P/E Ratio Doesn't Tell the Whole Story
The stock looks unbelievably cheap. It’s not. …read more […]
Year: 2018
Trading Ideas
Here's Why These Gold Stocks Lost Their Luster in August
Compounded with the drop in the price of gold, mixed earnings reports sent several gold mining companies’ stocks south in the final days of summer. …read more […]
Business News
Brent reaches $80 a barrel after fall in U.S. crude stocks
Oil futures rose on Wednesday, with Brent reaching $80 a barrel, after a larger-than-expected drop in U.S. crude inventories and as U.S. sanctions on Iran added to concerns over global oil supply.
Business News
U.S. officials have reached out to China for new trade talks: sources
The Trump administration has reached out to China for a new round of trade talks as it prepares to activate punitive U.S. tariffs on $200 billion worth of Chinese goods, two people familiar with the matter said on Wednesday.
Business News
Apple debuts biggest iPhone yet, health-oriented watch
Apple Inc introduced its largest iPhone ever and a new line of watches that can detect heart problems on Wednesday as it looks to get users to upgrade to more expensive devices in the face of stagnant global demand for smartphones.
Trading Ideas
Apple debuts biggest iPhone yet, health-oriented watch
Apple Inc introduced its largest iPhone ever and a new line of watches that can detect heart problems on Wednesday as it looks to get users to upgrade to more expensive devices in the face of stagnant global demand for smartphones. The relatively small changes to its lineup, following last year’s overhauled iPhone X, were widely expected by investors, who sent the company’s shares down 1.5 percent. The strategy has been successful, helping Apple’s stock up more than 30 pct this year and making it the first publicly traded U.S. company to hit a market value of …read more […]
Business News
60 Minutes Jeff Fager leaving CBS after reports of inappropriate behavior
The executive producer of the CBS television program “60 Minutes,” Jeff Fager, is leaving CBS News, according to a company memo on Wednesday, amid reports of inappropriate behavior.
Business News
U.S. incomes rose but inequality widened in 2017: data
The median U.S. household income rose for a third straight year in 2017 to the highest on record since 1967 by one measure, but the gap between white- and non-white households widened, government data showed on Wednesday.
Trading Ideas
U.S. incomes rose but inequality widened in 2017: data
The median U.S. household income rose for a third straight year in 2017 to the highest on record since 1967 by one measure, but the gap between white- and non-white households widened, government data showed on Wednesday. The Census Bureau said in its Income, Poverty and Health Insurance Coverage and Supplemental Poverty Measure report that median household incomes increased 1.8 percent to $61,400 last year. “Without adjusting for the change in the income questions, 2017 has the highest median household income on record since 1967,” said Jonathan Rothbaum, chief of income statistics at the Census Bureau. …read more […]
Trading Ideas
Crackdown on E-Cigarettes Pushes Shares of Altria Group 7% Higher Wednesday
The FDA’s announcement that teen usage of e-cigarettes has reached frightening levels has traditional tobacco companies surging Wednesday. …read more […]
Trading Ideas
Apple unveils new iPhones, Apple Watch Series 4
Apple just wrapping up the big fall reveal – we have all the details. …read more […]
Business News
Wall Street dips with Apple, other tech shares
U.S. stocks edged lower on Wednesday, weighed down by a decline in Apple as it unveiled larger iPhones but made just minor changes to its offerings, and other technology shares.
Business News
Chinese electric carmaker NIO shares rev up after shaky U.S. debut
Shares of Chinese electric carmaker NIO Inc recovered sharply from a 15 percent fall in their market debut on Wednesday, a day after the company’s IPO was priced at the lower end of the expected range.
Business News
Canada sees more NAFTA talks this week, much work remains: source
Canadian Foreign Minister Chrystia Freeland plans to return to Washington for more talks on NAFTA on Thursday but plenty of work remains before the two sides can strike a trade deal, a well-placed Canadian source said on Wednesday.
Business News
Tesla investor says SEC asked it about ‘funding secured’ tweet
Tesla Inc’s biggest institutional investor said on Wednesday it was questioned by U.S. securities regulators about Elon Musk’s now-abandoned plans to take the electric carmaker private and that the chief executive needed help running the company.