Trading Ideas
2 Reasons Why Ingersoll-Rand Is a Better Value Stock Than Emerson Electric
Better growth prospects give the climate technology company an edge over the process automation specialist. …read more […]
Year: 2018
Business News
Macy’s posts surprise same-store sales growth
Macy’s Inc on Wednesday reported a surprise rise in quarterly same-store sales, topping estimates for the third straight quarter, boosted by strong performance across its businesses.
Trading Ideas
3 Things Investors Need to Know About Plug Power's Q2 Earnings
Sales continue to grow, but keeping up to date with this fuel-cell leader requires more than checking in with one metric. …read more […]
Business News
Brazil may probe Google over its cell phone system: report
Brazil’s antitrust watchdog Cade is considering opening an investigation into Google over alleged abuses in its cell phone operating system, the president of the agency said in an interview published on Wednesday in newspaper Valor Economico.
Business News
Futures dip as Turkey, trade tensions weigh
U.S. stock index futures dropped on Wednesday, with investors weighing the impact of Turkey’s currency crisis as well as the escalating tariff tensions between the United States and its trading partners.
Business News
Blackstone invests $400 million in HEC Pharm via convertible bonds
U.S. private equity firm Blackstone Group LP has signed a deal to invest $400 million in Hong Kong-listed YiChang HEC ChangJiang Pharmaceutical Co. via convertible bonds, HEC said Wednesday.
Business News
Corona maker invests $4 billion more in pot producer Canopy
Constellation Brands Inc said on Wednesday it would invest $4 billion (C$5.24 billion) more in Canopy Growth Corp , raising its stake in the Canadian marijuana producer to 38 percent.
Business News
From blue lipstick to Facebook Live, home shopping networks refine their pitch
The Home Shopping Network is getting an image makeover.
Business News
Turkey’s doubling tariffs on U.S. products will amount to $533 million, trade minister says
Turkish trade minister Ruhsar Pekcan says the doubling of customs tarrifs on some imported U.S. products would amount to $533 million, the state run Anadolu news agency reported.
Business News
PwC failed to flag BHS risks ahead of retailer’s collapse: regulator
PwC should have flagged significant doubts over the future of BHS in an audit that was completed just days before the loss-making UK retailer was sold for a token one pound in 2015, ahead of its collapse a year later, a regulator said on Wednesday.
Trading Ideas
20 Jaw-Dropping Stats About Retirement
Armed with this information, you can end up richer than you expected — or at least enjoying more financial security in retirement. …read more […]
Business News
Flight rights group takes Ryanair to court over strike compensation
German passenger rights company Flightright is taking Ryanair to court over whether it should pay financial compensation to passengers affected by strikes at Europe’s largest low-cost carrier.
Business News
Turkey doubles tariffs on some U.S. imports; lira rallies
Turkey doubled tariffs on some U.S. imports including alcohol, cars and tobacco on Wednesday in retaliation for U.S. moves, but the lira rallied further after central bank’s liquidity moves had the effect of supporting the currency.
Business News
Erdogan spokesman says problems with U.S. will be resolved
Turkish President Tayyip Erdogan’s spokesman said on Wednesday he expected problems with the United States, which helped drive the lira to record lows, to be resolved but Washington must stop trying to influence Turkey’s judiciary.
Business News
Stocks, emerging currencies, lick wounds as lira bounces for second day
Action from Turkey’s central bank pushed the lira higher for a second day on Wednesday, helping European stocks and emerging currencies consolidate recent losses though the dollar stuck at 13-month highs kept up the pressure on world markets.