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Home2018

Year: 2018

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Trading Ideas

Lessons from Paul Manafort: This tax slip-up could cost you a $100,000 penalty

August 22, 2018 admin Comments Off on Lessons from Paul Manafort: This tax slip-up could cost you a $100,000 penalty

President Donald Trump’s former campaign chairman was found guilty of eight criminal counts on Tuesday, including one count of failure to file foreign bank account reports. Here’s what you should know about this filing requirement. …read more […]

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Trading Ideas

Lowe’s Plans $400 Million Shutdown of All Orchard Supply Stores

August 22, 2018 admin Comments Off on Lowe’s Plans $400 Million Shutdown of All Orchard Supply Stores

Closing the 99 Orchard stores could help Lowe’s stock. …read more […]

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Business News

Exclusive: Aramco listing plan halted, oil giant disbands advisors – sources

August 22, 2018 admin Comments Off on Exclusive: Aramco listing plan halted, oil giant disbands advisors – sources

Saudi Arabia has called off both the domestic and international stock listing of state oil giant Aramco, billed as the biggest such deal in history, four senior industry sources said on Wednesday.

…read more […]

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Trading Ideas

Why Lowe's Companies Inc Stock Jumped Today

August 22, 2018 admin Comments Off on Why Lowe's Companies Inc Stock Jumped Today

Shares of the home-improvement retailer gained on a better-than-expected earnings report. …read more […]

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Business News

Amazon starts selling fashion, sportswear in Brazil

August 22, 2018 admin Comments Off on Amazon starts selling fashion, sportswear in Brazil

Amazon.com Inc said on Wednesday it will start selling sportswear and clothing on its Brazilian site, bolstering the list of products that third party vendors offer on its local e-commerce marketplace.

…read more […]

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Business News

Dollar, Treasuries yields fall on Trump woes

August 22, 2018 admin Comments Off on Dollar, Treasuries yields fall on Trump woes

Benchmark U.S. government debt yields slid to six-week lows on a flight to safety bid and the dollar weakened further on Wednesday as investors assess how a conviction and a guilty plea of two former advisers impact U.S. President Donald Trump.

…read more […]

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Business News

S&P edges higher amid caution on Trump, trade and Fed

August 22, 2018 admin Comments Off on S&P edges higher amid caution on Trump, trade and Fed

The S&P 500 marked its longest bull-market run with slight gains on Wednesday, although caution prevailed ahead of trade talks, the Federal Reserve’s minutes and the threat to President Donald Trump’s position due to the legal woes of two ex-advisers.

…read more […]

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Business News

Apple to gain unconditional EU approval for Shazam buy: sources

August 22, 2018 admin Comments Off on Apple to gain unconditional EU approval for Shazam buy: sources

Apple is set to win unconditional EU antitrust approval for its planned acquisition of British music discovery app Shazam, two people familiar with the matter said on Wednesday.

…read more […]

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Business News

Goldman Sachs secures $1.5 billion sale, leaseback of London HQ

August 22, 2018 admin Comments Off on Goldman Sachs secures $1.5 billion sale, leaseback of London HQ

Goldman Sachs said on Wednesday it had sold its new European headquarters in London to South Korea’s National Pension Service for 1.17 billion pounds ($1.49 billion).

…read more […]

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Trading Ideas

Why Did Netflix (NFLX) Stock Gain This Morning?

August 22, 2018 admin Comments Off on Why Did Netflix (NFLX) Stock Gain This Morning?

Shares of Netflix (NFLX) added as much as 2% in early morning trading Wednesday as the stock looks to continue rebounding from an extended downturn. Today’s gains appear to be at least partially inspired by a positive analyst note. …read more […]

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Trading Ideas

Stocks little changed as President Trump lashes out on Twitter after Michael Cohen guilty plea

August 22, 2018 admin Comments Off on Stocks little changed as President Trump lashes out on Twitter after Michael Cohen guilty plea

Facebook has identified new influence operations that will span the globe …read more […]

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Business News

EU set to clear Apple’s bid for music app Shazam: sources

August 22, 2018 admin Comments Off on EU set to clear Apple’s bid for music app Shazam: sources

EU antitrust regulators are set to approve Apple’s bid for British music discovery app Shazam without demanding concessions, two people familiar with the matter said on Wednesday.

…read more […]

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Trading Ideas

US home sales fell 0.7 percent, 4th straight monthly decline

August 22, 2018 admin Comments Off on US home sales fell 0.7 percent, 4th straight monthly decline

WASHINGTON (AP) — U.S. sales of existing homes slipped for the fourth consecutive month, declining 0.7 percent in July to the slowest pace in more than two years as the real estate market shows signs of cooling. …read more […]

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Business News

Lowe’s new chief shuts Orchard stores, promises streamlining

August 22, 2018 admin Comments Off on Lowe’s new chief shuts Orchard stores, promises streamlining

Lowe’s Cos Inc on Wednesday promised to cut back slow-moving products and unsuccessful business projects as new Chief Executive Marvin Ellison seeks to turn around a company that has trailed bigger rival Home Depot for years.

…read more […]

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Business News

Fiat Chrysler pressing on with Magneti Marelli spin-off, doesn’t comment report

August 22, 2018 admin Comments Off on Fiat Chrysler pressing on with Magneti Marelli spin-off, doesn’t comment report

Fiat Chrysler (FCA) is pressing ahead with the spin- off of its parts maker Magneti Marelli, a spokesman confirmed in Wednesday after reports investment firm KKR was in talks to acquire the unit.

…read more […]

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