Business News
Halfway through, 2018 delivers little to S&P 500 investors
SAN FRANCISCO (Reuters) – Halfway through 2018, investing in Wall Street’s leading S&P 500 stock index has been nothing to shout about.
Year: 2018
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Chipotle Provides More Details on Its Turnaround Plan
Chipotle’s new management team has laid out a clear plan for accelerating sales growth at the struggling fast-casual chain. Nevertheless, some investors felt there weren’t enough details. …read more […]
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Could Wheaton Precious Metals Be a Millionaire-Maker Stock?
The change in Wheaton Precious Metals’ revenue mix is welcome news. …read more […]
Business News
Germany not ruling out further car recalls: transport minister in paper
BERLIN (Reuters) – Germany is not ruling out further recalls of cars as it continues to check the car industry for illegal software, transport minister Andreas Scheuer told a German daily.
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72% of Older Americans Are Sorely Misguided on Medicare
Understanding how Medicare works is a crucial step on the road to a secure retirement. Yet most older adults fall short in this regard. …read more […]
Business News
Trump sends high-level team to push exports at Farnborough Airshow: sources
WASHINGTON (Reuters) – The White House is sending a high-level delegation to this month’s Farnborough Airshow to push the Trump administration’s “Buy American” drive aimed at boosting exports of weapons and aircraft, industry sources familiar with the matter said.
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Pharma's 2 Biggest Setbacks in 2018
AbbVie and Celgene are pharma’s two biggest losers in terms of clinical development this year. But that doesn’t mean investors should shy away from these two names. …read more […]
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KKR seeks to woo investors with corporate rejig
KKR & Co (KKR.N) transforms into a corporation on Sunday, a change that should help the U.S. private equity firm tap a new pool of investors for its stock. What remains to be seen is if, given the new option, active fund managers will want to buy what KKR is selling. The change by KKR, which made its name through leveraged buyouts in Corporate America in the 1980s, to so-called C-Corp from a publicly traded partnership (PTP) will mean a bigger tax bill. …read more […]
Business News
Iran eyes private oil exports to help beat U.S. sanctions
DUBAI (Reuters) – Iran will allow private companies to export crude oil, part of a strategy to counter U.S. sanctions, and is urging fellow OPEC members, including regional rival Saudi Arabia, not to break output agreements, state media and officials said on Sunday.
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Better Buy: Amgen Inc. vs. Pfizer Inc.
Which stock wins in a battle between a big biotech and a big pharma company? …read more […]
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The Latest: Police report assaults at protest in Oregon
The Latest on nationwide protests over a Trump administration immigration policy (all times local): 9:35 p.m. Police in Portland, Oregon, have ordered participants in a march by Patriot Prayer to disperse … …read more […]
Business News
Saudi king said will boost oil output if needed: White House
WASHINGTON/RIYADH (Reuters) – The leader of Saudi Arabia promised President Donald Trump that he can boost oil production if needed and the country has 2 million barrels per day of spare capacity available, the White House said on Saturday.
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EPA ethics official pushing for investigations of Pruitt
The Environmental Protection Agency’s chief ethics official says he is pushing for a series of independent investigations into Scott Pruitt’s actions as administrator of the federal agency. In a letter to the U.S. Office of Government Ethics, EPA ethics official Kevin Minoli writes that “potential issues” regarding Pruitt have surfaced through sources within the EPA and media reports since April. Minoli writes that he has referred “a number” of those matters to the EPA’s inspector general. …read more […]
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Time to Get Greedy With Cypress Semiconductor Stock
The stock is up 30% in the past year through late June, but its next leg higher may be right around the corner. …read more […]
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Starbucks Doubles Down on Dividends (Again)
Starbucks just raised its payout to shareholders. Here’s why the market didn’t like the news. …read more […]