Month: October 2019

Q3 2019 Trinity Biotech PLC Earnings Call …read more […]

British Prime Minister Boris Johnson, who has lost every important vote in Parliament since taking office, faces a titanic struggle Saturday when he puts his Brexit deal with the European Union before suspicious legislators. Johnson is gambling his political fortunes on being able to win a majority in favor of the Brexit deal reached Thursday between the British government and the other 27 European Union nations. Should lawmakers back the deal, then Britain will be on course to leave the EU on the scheduled Brexit date of Oct. 31. …read more […]

Here is a look at ETFs that currently offer attractive short selling opportunities. The ETFs included in this list are rated as sell candidates for two reasons. First, each of these funds is deemed to be in a downtrend based on the fact that its 50-day moving average is below its 200-day moving average, which are popular indicators for gauging long-term and medium-term trends, respectively. Second, each of these ETFs is also trading above its 20-day moving average, thereby offering a near-term ‘sell on the pop’ opportunity given the longer-term downtrend at hand. Note that this prospects list also features …read more […]

We’re diving headlong into the holiday season.
And that means one thing…
Shopping.
While Amazon (Nasdaq: AMZN) shows no signs of backing down from its e-commerce throne, retailers on the ground are telling a different story.
In 2017, the “retail apocalypse” began.
Brick-and-mortars struggled. Vacancies soared. And malls crumbled into decaying temples of days past.
That same year, U.S. retailers closed nearly 8,200 stores – the most closures in a year on record.
It exceeded the peak annual store closure count during the 2008 financial crisis by more than 30%.
But don’t believe for a minute that the retail apocalypse is over. Store closures are about to …read more […]

BERLIN/ROME (Reuters) – Alitalia’s rescue hopes received a boost on Thursday with signs that Lufthansa could take a stake in the Italian carrier, while Rome agreed to a 350 million euro ($389 million) bridging loan to ease immediate cash worries. Loss-making Alitalia has been run by special administrators since May 2017 and talks led by state-owned railway group Ferrovie dello Stato to put together a consortium of rescuers have been going on for a year without coming close to a deal. Until now Ferrovie has been negotiating with U.S. carrier Delta Air Lines and infrastructure group Atlantia, but …read more […]

One of the world’s largest investment bankers, Goldman Sachs has long been a headline-maker. The bank is the largest dealer in US Treasury securities, making it a major player in the American investment market. Goldman Sachs even featured in the Great Recession of 2008 – but in a good way. The bank paid back its Federal bailout money (received under the Troubled Asset Relief Program) in full by June of 2009 – just 8 months after taking the loan.Goldman’s reputation puts its analysts and bankers in high demand, and they have moved seamlessly between the financial and political worlds. Goldman …read more […]

Investor discusses current favorite positions in interview Continue reading… …read more […]

Investment group PPF, owned by the Czech Republic’s richest man Petr Kellner, is close to concluding talks on buying a majority stake in Central European Media Enterprises (CME) from U.S. firm AT&T , Czech and Bulgarian media reported on Thursday. AT&T holds 64% of CME’s common stock but effectively controls 75% of the company through preferred shares. CME, which operates TV stations in the Czech Republic, Bulgaria, Romania, Slovakia and Slovenia, has a market capitalization of $1.13 billion, according to Refinitiv data. …read more […]

Stay measured, it remains very unclear on the path forward for Democratic presidential hopeful Elizabeth Warren. …read more […]