Trading Ideas
Should You Think About Buying General Electric Company (NYSE:GE) Now?
Today we’re going to take a look at the well-established General Electric Company (NYSE:GE). The company’s stock… …read more […]
Month: October 2019
Business News
Constellation Brands raises full-year profit forecast after quarterly beat
Constellation Brands Inc raised its full-year adjusted profit forecast on Thursday, after beating Wall Street estimates for second quarter profit on the back of strong summer demand for Corona and Modelo beers.
Trading Ideas
Polish Borrowers Hail FX-Loan Victory as Banks Avoid Worst Case
(Bloomberg) — Polish banks suffered a setback in a ruling by the European Union’s top court on unfair terms in foreign-currency loans while avoiding a worst-case scenario.Mortgage holders, who have struggled with spiraling repayments on their mostly Swiss franc loans, celebrated in Warsaw, hailing the verdict as a breakthrough. An index of Polish bank stocks dropped just 1.1% as some analysts said the ruling wasn’t a full victory for borrowers. The zloty strengthened in volatile trade.The ruling opens a path for the conversion of mortgages into zloty at the rate which prevailed on the day the loan agreements were signed.However, …read more […]
Business News
Trump hails ‘nice victory’ on trade as EU whisky, wine makers left reeling
President Donald Trump hailed a “nice victory” on Thursday after the United States got the green light to place tariffs on European Union goods in a row over EU aircraft subsidies.
Business News
Britain disappointed at U.S. tariff plans: PM Johnson spokesman
Britain is disappointed by U.S. government’s plans to slap tariffs on European-made Airbus planes and duties on Scotch whiskies, Prime Minister Boris Johnson’s spokesman said.
Trading Ideas
UPDATE 1-Constellation Brands raises full-year profit forecast after quarterly beat
Constellation Brands Inc raised its full-year adjusted profit forecast on Thursday, after beating Wall Street estimates for second quarter profit on the back of strong summer demand for Corona and Modelo beers. Shares of the company were, however, down nearly 4% in premarket trading, as it said it took a $839 million write down in the value of its investment in pot firm Canopy Growth during the quarter. Constellation has invested more than $4 billion in the loss-making Canopy, banking on the proposed legalization of recreational weed in several countries. …read more […]
Business News
PepsiCo’s advertising blitz drives profit beat, solid forecast
PepsiCo Inc beat third-quarter profit estimates and forecast upbeat revenue growth for 2019 on Thursday, as aggressive advertising and a focus on healthier products spurred demand for its beverages and snacks in North America.
Business News
Wall Street eyes higher open after sharp fall; service sector data awaited
Wall Street’s main indexes were set for a higher open on Thursday, after losing 3% in the past two sessions on fears that the domestic economy was heading toward a recession.
Trading Ideas
Market Morning: Paddy & Stars Flutter Together, Tesla Falls Short, Bed Bath & Beyond Closures
Paddy Power AKA Flutter, The Stars Group, Merge The European gambling scene continues to merge into itself in preparation for the expansion of the US sports betting market. Paddy Power, which only recently merged with Betfair and changed its name from Paddy Power Beftair to Flutter (OTCMKTS:PDYPY), and The Stars Group (NASDAQ:TSG), formerly Amaya, which […]The post Market Morning: Paddy & Stars Flutter Together, Tesla Falls Short, Bed Bath & Beyond Closures appeared first on Market Exclusive. …read more […]
Trading Ideas
Edited Transcript of TSCO.L earnings conference call or presentation 2-Oct-19 8:00am GMT
Half Year 2020 Tesco PLC Earnings Presentation …read more […]
Business News
Scotland says U.S. tariff move shows UK’s Brexit pipe dream
The Scottish government said on Thursday that the imposition of U.S. tariffs on various goods including Scottish whisky indicated that the United Kingdom could not offset the damage from Brexit by striking a trade deal with U.S. President Donald Trump.
Trading Ideas
Does Rentokil Initial (LON:RTO) Have A Healthy Balance Sheet?
Warren Buffett famously said, ‘Volatility is far from synonymous with risk.’ When we think about how risky a company… …read more […]
Trading Ideas
US STOCKS-Wall St eyes higher open after sharp fall; service sector data awaited
Wall Street’s main indexes were set for a higher open on Thursday, after losing 3% in the past two sessions on fears that the domestic economy was heading toward a recession. “If the contraction in manufacturing activity translates to weakness in the far larger services sector, then it’s time to get seriously worried,” said Hussein Sayed, chief market strategist at FXTM. The gloomy factory activity data and private jobs report have led to two straight days of more than 1% drop in the benchmark S&P 500 for the first time this year and set the Dow on course …read more […]
Business News
U.S. tariffs grate on Italy’s Parmesan cheesemakers
U.S. consumers will pay around $5 a kilogram more for Italian Parmesan cheese because of duties announced by Washington on a range of European goods, a cheesemaking consortium said on Thursday, complaining it was set to take an unfair hit in the trade spat.
Business News
Uber makes JFK airport helicopter taxis available to all users
Ride-hailing company Uber Technologies Inc is taking to the air in New York City where users with a little cash to spare will soon be able to book helicopter flights to John F. Kennedy International airport through their apps.