Trading Ideas
Papa John's throws franchisees a lifeline
CNBC’s Kate Rogers reports on how Papa John’s is helping out its franchisees as the drama with founder John Schnatter continues to hit the company. …read more […]
Year: 2018
Business News
Musk still talking to Saudi fund, others as he seeks buyout financing
Tesla Inc Chief Executive Elon Musk said on Monday a July 31 meeting with Saudi Arabia’s sovereign wealth fund convinced him he could secure funding to take the electric car-maker private, but that he was still talking to the fund and other investors as he seeks to nail down financing.
Trading Ideas
Musk Confirms the Tesla Deal, but Many Questions Remain
For starters, the law may stand in the way of at least one of the CEO’s promises. …read more […]
Trading Ideas
Netflix CFO steps down, Bayer shares plunge, Coca-Cola worker strike, Dish Network downgrade
Yahoo Finance’s Seana Smith on the stocks making headlines in midday trading Monday. …read more […]
Trading Ideas
Trump's Harley boycott call roils Wisconsin primary
MADISON, Wis. (AP) — President Donald Trump’s call for a boycott of Harley-Davidson motorcycles forced Gov. Scott Walker and other Republicans to either criticize the president or stick with the Milwaukee-based company just ahead of Tuesday’s primary where Trump allegiance has been a central focus. …read more […]
Trading Ideas
VF Corporation Is Splitting Into Two Companies
Its $2.5 billion-a-year denim business will become a separate publicly traded company. …read more […]
Trading Ideas
Square's Cash Card Is Killing It
User spending has tripled over the last six months. …read more […]
Business News
Wall St. slips as Turkey’s currency worries hurt bank stocks
U.S. stock indexes fell on Monday as a plummeting Turkish lira weighed on shares of big U.S. lenders, but losses on the Nasdaq were limited by high-flying companies such as Apple and Amazon that hit record highs.
Business News
Citigroup says global card chief Linville leaving in shakeup
Citigroup Inc said on Monday that Jud Linville, the head of global cards and consumer services, is leaving the company as part of a reorganization of executives in its global consumer banking businesses.
Business News
Factbox: European banks’ exposure to Turkey
Turkey’s economic crisis poses a threat to European banks with business in the country.
Trading Ideas
Why Dycom Industries Stock Just Dropped 22%
It’s an earnings warning — but it’s already too late to react. …read more […]
Business News
Musk says talking to Saudi fund, others on Tesla buyout
Tesla Inc Chief Executive Elon Musk said on Monday he was in discussions with Saudi Arabia’s sovereign wealth fund and other potential backers of his plan to take the electric car-maker private, but said financing was not yet nailed down.
Trading Ideas
Is CenturyLink's Big Dividend Finally Safe?
The regional telco’s stock is at its highest levels since last summer, and improving cost controls make the current 10.1% yield surprisingly sustainable in the near term. …read more […]
Business News
S&P flat as tech boost offsets Turkish currency worries
The S&P 500 index treaded water on Monday as high-flying companies such as Apple and Amazon hit record highs, offsetting declines in shares of U.S. lenders due to a plunge in Turkish lira.
Business News
World equities slip on Turkey currency woes
NEW YORK – Turkey’s worsening currency crisis sent world equities lower and emerging market currencies under selling pressure on Monday, while gains in large U.S. technology companies kept benchmark indexes slightly higher.