Trading Ideas
Looking for a Growth Stock? Why It is Time to Focus on Momo (MOMO)
Momo (MOMO) seems well-positioned for future earnings growth and it is seeing rising earnings estimates as well, coupled with a solid Zacks Rank. …read more […]
Year: 2018
Business News
China’s ZTE Corp names c-suite executives in step toward U.S. ban lift
HONG KONG (Reuters) – ZTE Corp has appointed a new team of top executives including a CEO to comply with a deal it made with the United States to end a ban on U.S. firms supplying parts to China’s second-biggest telecommunications equipment maker.
Trading Ideas
Sell This 17% Dividend Yield and Buy This High-Yield Income Stock Instead
High-yield dividend stocks require extra scrutiny from investors. …read more […]
Business News
Stock futures rise on hint of tariff concessions
(Reuters) – U.S. stock index futures ticked higher on Thursday, as signs that Washington may ease back on plans for tariffs on European cars pushed automakers higher across the board, offsetting further signs of tension with China.
Business News
China warns U.S. is ‘opening fire’ on the world with tariff threats
BEIJING (Reuters) – The United States is “opening fire” on the world with its threatened tariffs, China warned on Thursday, saying no one wants a trade war but it will respond the instant U.S. measures go into effect, as Beijing ramped up the rhetoric in the heated dispute.
Trading Ideas
China warns U.S. is ‘opening fire’ on the world with tariff threats
The United States is “opening fire” on the world with its threatened tariffs, China warned on Thursday, saying no one wants a trade war but it will respond the instant U.S. measures go into effect, as Beijing ramped up the rhetoric in the heated dispute. The Trump administration’s tariffs on $34 billion of Chinese imports are due to go into effect at 0401 GMT on Friday, which is just after midday in Beijing. …read more […]
Business News
Singapore proposes fines on Grab, Uber, says merger harms competition
SINGAPORE (Reuters) – Singapore’s anti-trust body proposed fines on ride-hailing firms Grab and Uber, provisionally finding that their merger had reduced competition and suggesting remedies such as the sale of their car-leasing businesses.
Business News
Boeing swallows Embraer commercial arm in joint venture
(Reuters) – Boeing Co will take over the $4.75 billion commercial aircraft arm of Brazilian planemaker Embraer SA as part of a new company to be controlled by the U.S. firm, the companies said on Thursday.
Trading Ideas
Boeing, Embraer Forge $4.75 Billion Commercial Jet Venture
Boeing Co. is forming a $4.75 billion venture with long-time industrial partner Embraer SA, a move that will expand the U.S. planemaker’s manufacturing base abroad while extending its reach into the market for small jetliners. Under a preliminary deal, Boeing will own 80 percent of a partnership controlling Embraer’s commercial airplane and services business while the Brazilian manufacturer holds 20 percent, the companies said in a statement Thursday. The tie-up caps years of talks between the two, while extending the duopoly held by Boeing and Airbus SE as competitive threats emerge from rivals in Russia, Japan and China. …read more […]
Business News
As inflation soars, Facebook drives trading in Argentina’s barter clubs
SAN MIGUEL, Argentina (Reuters) – At an abandoned train station in Buenos Aires’ working-class suburb of San Miguel, hundreds of Argentines gather with bags of clothes, rice, flour and sugar to trade.
Business News
Trump to OPEC: ‘Reduce pricing now!’
WASHINGTON (Reuters) – U.S. President Donald Trump again accused the Organization of the Petroleum Exporting Countries of driving gasoline prices higher on Wednesday and urged the oil producer group to do more.
Trading Ideas
2 Warren Buffett Stocks to Buy in July
There are some good long-term bargains to be found in the Oracle of Omaha’s portfolio. …read more […]
Trading Ideas
If You Like Dividends, You Should Love These 3 Stocks
Great yields and solid growth prospects make these dividend stocks especially appealing. …read more […]
Trading Ideas
Nokia to build and test 5G apps in China with Tencent, leveraging 1B+ WeChat and QQ users
The world is still years away from wide-scale 5G networks — which proponents …read more […]
Business News
Europe shrugs off Asian gloom, euro shuffles higher
LONDON (Reuters) – European shares headed for a third day of gains on Thursday, as reassuring economic data from Germany and a report that its big carmakers could be spared from U.S. tariffs offset another gloomy session for Asia.