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Home2018

Year: 2018

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Business News

Mexico wants steel dispute ended before new NAFTA signed: minister

September 7, 2018 admin Comments Off on Mexico wants steel dispute ended before new NAFTA signed: minister

Mexico wants to end to a tariff dispute over steel and aluminum with the United States prior to signing off on a reworked trade agreement with its northern neighbor, Mexican Economy Minister Ildefonso Guajardo said on Thursday.

…read more […]

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Business News

Asia shares worn down by trade tension, yen a safe harbor

September 7, 2018 admin Comments Off on Asia shares worn down by trade tension, yen a safe harbor

Asian shares carved out a 14-month trough on Friday as investors feared a new salvo of Sino-U.S. tariffs could come at any moment, while a slump in U.S. chip stocks rippled through the tech-heavy region.

…read more […]

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Trading Ideas

Why It's NOT Time for Micron to Start Paying a Dividend

September 7, 2018 admin Comments Off on Why It's NOT Time for Micron to Start Paying a Dividend

Some shareholders may want the memory giant to start paying a dividend, but not this one. …read more […]

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Business News

U.S.-Canada trade talks grind on, but ‘final’ issues unresolved

September 7, 2018 admin Comments Off on U.S.-Canada trade talks grind on, but ‘final’ issues unresolved

U.S. and Canadian negotiators pushed ahead in grinding talks to rescue the North American Free Trade Agreement on Thursday, but a few stubborn issues stood in the way of a deal, including dairy quotas, protection for Canadian media companies, and how to resolve future trade disputes.

…read more […]

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Business News

Smith & Wesson parent company defends directors, sways Glass Lewis

September 7, 2018 admin Comments Off on Smith & Wesson parent company defends directors, sways Glass Lewis

The parent company of gunmaker Smith & Wesson on Thursday defended its directors and its contribution disclosures ahead of a proxy vote that will test how far leading fund firms will press concerns about firearms safety, and won rare new recommendations from a proxy adviser.

…read more […]

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Business News

Japan’s Nidec sees electric vehicles driving profits as it plans for future

September 7, 2018 admin Comments Off on Japan’s Nidec sees electric vehicles driving profits as it plans for future

Since starting Nidec in 1973 in a tiny Kyoto shed with just three workers, Shigenobu Nagamori has built it into the world’s top maker of precision motors and became one of Japan’s most venerated business leaders.

…read more […]

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Business News

Asia shares hit 14-month lows, yen advances on trade jitters

September 7, 2018 admin Comments Off on Asia shares hit 14-month lows, yen advances on trade jitters

Asian shares slipped to a 14-month trough on Friday as investors feared a new round of Sino-U.S. tariffs could come at any moment, while a slump in U.S. chip stocks rippled through the tech sector.

…read more […]

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Business News

Broadcom sees fourth-quarter boost from data center demand, iPhone launch

September 7, 2018 admin Comments Off on Broadcom sees fourth-quarter boost from data center demand, iPhone launch

Broadcom Inc on Thursday forecast current-quarter revenue largely above estimates on higher demand for components that power data centers, while the launch of Apple Inc’s new iPhones is expected to bolster its wireless business.

…read more […]

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Business News

U.S. probing Wells Fargo’s wholesale banking unit: WSJ

September 7, 2018 admin Comments Off on U.S. probing Wells Fargo’s wholesale banking unit: WSJ

The U.S. Justice Department is probing whether employees committed fraud in Wells Fargo & Co’s wholesale banking unit, following revelations that employees improperly altered customer information, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

…read more […]

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Trading Ideas

Palo Alto Networks, Inc. Ends Its Fiscal Year on a High Note

September 7, 2018 admin Comments Off on Palo Alto Networks, Inc. Ends Its Fiscal Year on a High Note

The cybersecurity specialist easily beat expectations once again on broad-based growth. …read more […]

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Trading Ideas

China Mobile's Two Main Rivals Could Merge Soon

September 7, 2018 admin Comments Off on China Mobile's Two Main Rivals Could Merge Soon

China could turn its telecom market into a duopoly. …read more […]

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Business News

Tesla, Musk sought to ‘burn’ Citron, other short-sellers: lawsuit

September 7, 2018 admin Comments Off on Tesla, Musk sought to ‘burn’ Citron, other short-sellers: lawsuit

The prominent short-seller Andrew Left has sued Tesla Inc and its Chief Executive Elon Musk, saying Musk fraudulently engineered his since-abandoned plan to take Tesla private to “burn” investors hoping the electric car company’s stock price would fall.

…read more […]

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Business News

CBS negotiating Moonves’ exit and Viacom merger standstill: sources

September 7, 2018 admin Comments Off on CBS negotiating Moonves’ exit and Viacom merger standstill: sources

Media company CBS Corp’s board is in talks with Chief Executive Officer Les Moonves to negotiate his exit, a source familiar with the matter said on Thursday.

…read more […]

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Business News

Apple to provide online tool for police to request data: letter

September 7, 2018 admin Comments Off on Apple to provide online tool for police to request data: letter

Apple Inc plans to create an online tool for police to formally request data about its users and to assemble a team to train police about what data can and cannot be obtained from the iPhone maker, according to a company letter seen by Reuters.

…read more […]

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Trading Ideas

Finisar (FNSR) Q1 Earnings and Revenues Beat Estimates

September 7, 2018 admin Comments Off on Finisar (FNSR) Q1 Earnings and Revenues Beat Estimates

Finisar (FNSR) delivered earnings and revenue surprises of 50.00% and 0.43%, respectively, for the quarter ended July 2018. Do the numbers hold clues to what lies ahead for the stock? …read more […]

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