World stock markets slid from 20-month highs on Thursday as uncertainty about a U.S.-China trade deal offset strong results from Apple and Facebook, while the dollar weakened as investors mulled whether the Federal Reserve will cut rates further.
Shares of Kraft Heinz popped Thursday after the company reported third-quarter earnings that beat analysts’ expectations and stoked optimism for the company’s future. Yahoo Finance’s Jennifer Rogers, Myles Udland, and Editor-in-Chief Andy Serwer discuss the latest. …read more […]
Google on Thursday petitioned a Texas judge to ensure that the state-led probe into possible antitrust violations by the Internet search and advertising company will not compromise its confidential business information.
Oil prices fell on Thursday after data showed weak factory activity in China, with U.S. crude facing extra pressure after flows out of the Cushing, Oklahoma storage hub were disrupted because of reduced flows on a pipeline.
House Democrats held a formal vote to establish the framework for the next phase of the impeachment inquiry into President Trump. The resolution passed 232 to 196 votes primarily along party lines. Yahoo Finance’s Jen Rogers, Myles Udland and Andy Serwer discuss with Eurasia Group’s U.S. Director Todd Mariano on the Final Round. …read more […]
(Bloomberg) — Amgen Inc. will take a 20.5% stake in Chinese-American drug developer BeiGene Ltd under a deal to develop and commercialize about two dozen of Amgen’s on-market and experimental cancer drugs in China.Amgen will buy about $2.7 billion worth of Beijing and Cambridge, Massachusetts-based BeiGene’s shares. It has agreed to pay $174.85 per American depositary receipt, a 26% premium to where the U.S.-traded shares closed Wednesday. It will also take a seat on BeiGene’s board.Under the agreement, BeiGene will take over Chinese commercialization of three drugs used to treat cancer and its effects: Xgeva, which is already on the …read more […]
Very recently, War Room members took advantage of a dip in gold prices by adding to our recommended position in microcap gold stock Americas Gold and Silver (NYSE: USAS).
Microcap stocks trade differently from small cap, midcap or large cap stocks. These stocks are not followed as broadly, usually have smaller floats (tradable shares) and tend to make outsized moves.
Microcaps are usually very speculative stocks that act as great trading vehicles. Americas Gold and Silver is a little different…
First, it’s a company that produces gold and silver.
Second, it’s well-capitalized thanks to outside partnerships and has an investor following that provides it …read more […]
The Association of Professional Flight Attendants (APFA), which represents American Airlines Group flight attendants, still has safety concerns about a relaunch of the Boeing 737 MAX, its president told Boeing Chief Executive Dennis Muilenburg in a letter seen by Reuters. The letter, dated Oct. 30, follows two days of hearings in Washington during which lawmakers grilled Muilenburg about the development of the 737 MAX following two crashes that killed 346 people and led to the aircraft’s worldwide grounding in March. In the letter, APFA President Lori Bassani told Muilenburg that the hearings show breakdowns in supervision of the …read more […]
Wall Street pummeled shares of companies including Lyft , Uber Technologies , SmileDirectClub and Slack Technologies on Thursday as investors grew more sour on money-losing former startups that went public this year.
The Association of Professional Flight Attendants (APFA), which represents American Airlines Group flight attendants, still has safety concerns about a relaunch of the Boeing 737 MAX, its president told Boeing Chief Executive Dennis Muilenburg in a letter seen by Reuters.
The Association of Professional Flight Attendants (APFA), which represents American Airlines Group flight attendants, still has safety concerns about a relaunch of the Boeing 737 MAX, its president told Boeing Chief Executive Dennis Muilenburg in a letter seen by Reuters. The letter, dated Oct. 30, said two days of hearings about the 737 MAX in Washington show breakdowns in supervision of the aircraft and raise questions on the Federal Aviation Administration’s resources for oversight moving forward. “The 28,000 flight attendants working for American Airlines refuse to walk onto a plane that may not be safe and are …read more […]
World stock markets slid from 20-month highs on Thursday as uncertainty about a potential U.S.-China trade deal offset strong results from Apple and Facebook, while the dollar eased as investors mulled whether the Federal Reserve will cut rates further.
Shares of oilfield services firm ProPetro Holding Corp fell as much as 10% on Thursday after research firm Culper Research released a report outlining business dealings among its executives and board members, and criticized an internal audit of related-party transactions as a “farce.”
Culper, which said it was short ProPetro’s stock, meaning it will profit if shares fall, outlined a network of companies formed by senior managers, and questioned some directors’ independence. ProPetro was not immediately available to comment. Reuters this month reported that ProPetro was under investigation over its financial disclosures by the U.S. Securities and Exchange Commission. …read more […]
Google sued Texas’ attorney general on Thursday to ensure that its confidential business information will not be disclosed to rivals as he leads a multi-state probe into possible antitrust violations by the Internet search and advertising company.
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