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Home2018

Year: 2018

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Business News

China tariffs on LNG, oil aim at U.S. energy dominance agenda

August 3, 2018 admin Comments Off on China tariffs on LNG, oil aim at U.S. energy dominance agenda

China’s proposed tariffs on U.S. liquefied natural gas and crude oil exports opens a new front in the trade war between the two countries, at a time when the White House is trumpeting growing U.S. energy export prowess.

…read more […]

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Trading Ideas

Here's How Things Took a Wrong Turn for Casino ETF Lately

August 3, 2018 admin Comments Off on Here's How Things Took a Wrong Turn for Casino ETF Lately

Inside the pain of the casino gaming ETF. …read more […]

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Business News

Upbeat earnings lift stocks as trade fears cap gains and pressure dollar

August 3, 2018 admin Comments Off on Upbeat earnings lift stocks as trade fears cap gains and pressure dollar

Stocks around the world advanced on Friday on strong earnings, with consumer staples results boosting Wall Street, though a trade spat between the United States and China along with weaker-than-expected U.S. jobs numbers capped gains and weighed on the dollar.

…read more […]

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Business News

Wall Street gains as upbeat earnings trump trade jitters

August 3, 2018 admin Comments Off on Wall Street gains as upbeat earnings trump trade jitters

U.S. stocks advanced on Friday as upbeat earnings helped investors shrug off heightened trade anxieties and weaker-than-expected July jobs growth.

…read more […]

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Business News

Wells Fargo faces probes over low-income housing tax credits: filing

August 3, 2018 admin Comments Off on Wells Fargo faces probes over low-income housing tax credits: filing

Multiple U.S. agencies are probing Wells Fargo & Co’s use of low-income housing tax credits, the bank said in a regulatory filing on Friday.

…read more […]

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Trading Ideas

Mazor Robotics' Q2 Revenue Declines Despite Volume Gains

August 3, 2018 admin Comments Off on Mazor Robotics' Q2 Revenue Declines Despite Volume Gains

System placements grew 25%, but lower pricing terms from its commercial deal with Medtronic cause the top line to head in reverse. …read more […]

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Business News

Dish results beat estimates, shares jump 14.5 percent

August 3, 2018 admin Comments Off on Dish results beat estimates, shares jump 14.5 percent

Dish Network Corp reported better-than-expected quarterly profit and revenue on Friday, as the company lost fewer satellite TV subscribers than expected and said it was on track to build the first phase of its wireless network.

…read more […]

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Trading Ideas

Sierra Sustains Its Momentum, Approves a Huge Share Repurchase Plan

August 3, 2018 admin Comments Off on Sierra Sustains Its Momentum, Approves a Huge Share Repurchase Plan

The Internet of Things pure play continued to enjoy growth from its two highest-margin segments. …read more […]

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Business News

Wall Street ends higher as strong earnings offset trade fears

August 3, 2018 admin Comments Off on Wall Street ends higher as strong earnings offset trade fears

U.S. stocks advanced on Friday as upbeat earnings helped investors shrug off heightened trade anxieties and weaker-than-expected July jobs growth.

…read more […]

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Business News

Strong earnings lift stocks but trade fears cap gains and pressure dollar

August 3, 2018 admin Comments Off on Strong earnings lift stocks but trade fears cap gains and pressure dollar

Stocks around the world edged higher on Friday on robust earnings, with consumer staples results boosting Wall Street, though a trade spat between the United States and China along with tepid U.S. jobs numbers capped gains and weighed on the dollar.

…read more […]

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Business News

Wall Street eyes more gains from Apple, its $1 trillion stock

August 3, 2018 admin Comments Off on Wall Street eyes more gains from Apple, its $1 trillion stock

Shares in Apple Inc edged higher on Friday but stayed close to the $1 trillion valuation milestone the iPhone maker reached a day earlier, even as Wall Street predicted more gains.

…read more […]

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Trading Ideas

Why Rite Aid Corporation Gained 16% Last Month

August 3, 2018 admin Comments Off on Why Rite Aid Corporation Gained 16% Last Month

Shares of the drugstore chain rose in anticipation of its merger vote with Albertson’s. …read more […]

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Business News

U.S. tax cuts prompt rethink by some ‘inverted’ companies

August 3, 2018 admin Comments Off on U.S. tax cuts prompt rethink by some ‘inverted’ companies

A few U.S. companies that moved offshore in a wave of inversion deals are considering returning to the United States now that domestic tax rates are lower and tax policing is tougher abroad, attorneys and consultants said.

…read more […]

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Business News

White House: Open to further talks with China on trade

August 3, 2018 admin Comments Off on White House: Open to further talks with China on trade

The White House said on Friday the United States is open to further talks with China on how to resolve a tit-for-tat trade dispute between Washington and Beijing.

…read more […]

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Business News

S&P, Dow advance as investors shrug off trade jitters

August 3, 2018 admin Comments Off on S&P, Dow advance as investors shrug off trade jitters

The S&P 500 and the Dow Jones Industrial Average gained ground and the Nasdaq was essentially flat on Friday as positive earnings helped investors overlook heightened trade tensions and weaker than expected July jobs growth.

…read more […]

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