Business News
Republican Senator Rubio slams lifting of U.S. ban on China’s ZTE
Republican U.S. Senator Marco Rubio criticized on Friday the decision by the United States to lift a ban on suppliers selling to ZTE Corp …read more […]
Year: 2018
Trading Ideas
Why Johnson & Johnson, Cisco Systems, and Ingredion Slumped Today
From a multibillion-dollar verdict to disappointing quarterly results and new competitive threats, these three companies lagged the broader market today. …read more […]
Business News
Papa John’s to remove founder from promotions; Yankees cuts ties
Papa John’s International Inc will remove founder John Schnatter from its promotions, the pizza chain said on Friday, and baseball team New York Yankees suspended business relationships with the company.
Business News
S&P 500 at five-month high, but banks weigh after results
U.S. stocks rose slightly on Friday, putting the S&P 500 at its highest closing level in more than five months, as gains in industrials and other areas offset a drop in financials after results from three of the big banks mostly disappointed.
Business News
Citigroup executives see better growth ahead, but not yet
Citigroup Inc is still on track to hit its goals for efficiency and revenue growth, executives said on Friday, as analysts pressed them to explain how those expectations line up with second-quarter results.
Trading Ideas
Here's Why Seagate Technology Stock Has Gained 35% So Far in 2018
The hard-drive veteran presented a mixed bag of earnings reports and made a surprise investment in cryptocurrency technologies. …read more […]
Business News
J&J vows to overturn $4.7 billion talc verdict but experts see hurdles
Johnson & Johnson has vowed to appeal a $4.7 billion verdict awarded to 22 women who claim asbestos-contaminated talc in the company’s products gave them ovarian cancer by arguing the plaintiffs’ science was flawed and the case should not have been heard in Missouri.
Business News
Wells Fargo CFO says reputation issues a challenge for wealth unit
Wells Fargo & Co’s wealth and investment management unit may be having a harder time generating new business because of damage to the bank’s reputation from scandals over its sales practices, Chief Financial Officer John Shrewsberry said on Friday.
Trading Ideas
Near a 30-Year Low, Is ExxonMobil Corporation a Buy?
Exxon’s stock price is down 20% from its 2014 highs, but its valuation hasn’t been this low since the late 1980s! …read more […]
Business News
Oil rises but declines for the week as supply concerns ease
Oil prices rose about 1 percent on Friday as strike actions in Norway and Iraq hit supplies, but futures were set for a second straight week of decline after Libyan ports reopened and on the view that Iran might still export some crude despite U.S. sanctions.
Investor Presentations
Vitality Biopharma (OTC: VBIO) Cannabinoids to Treat Serious Neurological and Inflammatory Conditions
Cannabinoids to Treat Serious Neurological and Inflammatory Conditions
Business News
China’s imports to U.S. ports start peaking early amid tariff threat
Chinese imports to U.S. ports rose more than expected in June, suggesting that some retailers moved up orders to insulate themselves from an intensifying trade war that threatens to send up costs on a growing number of consumer products.
Investing Strategy
Why Now is the Time to Buy Junior Mining Stocks
Greg McCoach, publisher of the Mining Speculator newsletter, explains why the cycle is about turn turn up.
Business News
‘Together Against Trump’, thousands protest peacefully in London
Chanting “Donald Trump has got to go,” tens of thousands of protesters marched through London on Friday waving banners and banging pots to demonstrate against the U.S. president on his first official visit to Britain.
Business News
U.S. stocks edge higher on industrials; dollar flattens
The benchmark S&P 500 hit a more than five-month high on Friday on gains in industrials and energy companies, while the safe-haven U.S. dollar flattened after touching a two-week high.