Trading Ideas
2 Reasons JD.com Is a Better Growth Stock Than Alibaba
Over the next decade, I expect a changing of the e-commerce guard in China. Here’s why. …read more […]
Year: 2018
Trading Ideas
What to Expect When Baidu Reports Earnings
China’s search giant has returned to its winning ways, but can it keep the streak going? …read more […]
Trading Ideas
Here's When Congress Will Fix Social Security
Be prepared for a long and disappointing wait. …read more […]
Trading Ideas
Trump and Son at Legal Risk If Found Lying About Russia Meeting
President Donald Trump faces potential legal and political danger if it’s proven he knew in advance about a meeting his son and campaign aides had with Russians said to be promising dirt on Hillary Clinton, according to former federal prosecutors. The allegation reportedly made by Trump’s former personal attorney Michael Cohen adds an explosive twist to the famous June 2016 meeting at Trump Tower, which has become a focus of Special Counsel Robert Mueller’s investigation into whether anyone in Trump’s campaign conspired with Russia to interfere in the last U.S. presidential election. Trump and his current lawyer, Rudy …read more […]
Business News
Economy, dollar, trade key to U.S. stocks’ global edge
The ability of the U.S. stock market to keep an edge this year over equities elsewhere in the world hinges on the United States maintaining its economic and earnings growth advantage, the strength of the dollar and how global trade tensions resolve, investors said.
Trading Ideas
Is The Home Depot, Inc. a Buy?
The company has shown strong sales growth. …read more […]
Business News
CBS probes misconduct allegations against CEO Moonves amid legal battle
U.S. broadcasting and media company CBS Corp said it was investigating claims of personal misconduct by its chief executive Leslie Moonves made in a New Yorker magazine article that was published on Friday.
Trading Ideas
CBS probes misconduct allegations against CEO Moonves amid legal battle
The allegations against Moonves surfaced as he is locked in a legal battle over control of CBS with the company’s largest shareholder, National Amusements Inc, owned by Shari Redstone and her father Sumner who also control media company Viacom (VIAB.O). The New Yorker report featured claims against Moonves from six women spanning different time periods over two decades, from 1985 to 2006. …read more […]
Business News
Advisory firm ISS recommends against Rite Aid sale to Albertsons
Institutional Shareholder Services Inc (ISS), a shareholder advisory firm whose recommendations are followed by major mutual funds, said on Friday that Rite Aid Corp investors should vote down its $24 billion merger with Albertsons Cos.
Trading Ideas
Advisory firm ISS recommends against Rite Aid sale to Albertsons
The ISS report is a blow to grocery chain Albertsons and its majority owner, private equity firm Cerberus Capital Management LP, which are hoping that acquiring Rite Aid, a drug retailer, will help win new business amid pressure from retail giants Amazon.com Inc and Walmart Inc . “It does not appear that Rite Aid shareholders would receive a fair ownership interest in the combined company, a concern heightened by potential conflicts of interest during the negotiation process and apparently reflected in the company’s underperformance since announcement,” the ISS report said. …read more […]
Business News
Higher U.S. soy imports won’t harm EU farmers: German minister
An agreement by the European Union to increase soy imports from the United States will not harm EU farmers, German Agriculture Minister Julia Kloeckner said in an interview published on Saturday.
Trading Ideas
How China's tariffs on soybeans fueled the US GDP bump
China’s retaliatory tariffs on soybeans, which was designed to hurt Trump’s voter base, has helped to boost the U.S.’s second-quarter GDP. …read more […]
Business News
California farmers and Mexican cheese sales, U.S. trade war takes a toll
Stephen Mancebo, a fourth-generation California dairy farmer with 2,300 cows, has battled ups and downs in his temperamental industry for a quarter-century only to find himself a casualty of a U.S trade war with one of his biggest customers – Mexico.
Trading Ideas
Disney Investors Worry Beijing Could Be Tricky Fox Deal Hurdle
Now that 21st Century Fox Inc. shareholders have signed off on the $71.3 billion sale of its entertainment assets to Walt Disney Co., some investors are already fretting about the next hurdle: regulatory … …read more […]
Trading Ideas
Here's Why Pacific Biosciences Tumbled 10% Today
Investors are taking a cautious stance ahead of earnings next week and an ongoing trade spat with China. …read more […]