Trading Ideas
Google parent, Alphabet, earnings miss, shares fall
Google reported its Q3 2019 earnings on Monday. …read more […]
Month: October 2019
Business News
Oil falls on weak Chinese data, forecasts for U.S. crude stocks build
Oil prices fell on Monday after four days of gains as expectations U.S. crude stockpiles will rise and worries about weak Chinese industrial data offset hopes oil demand will increase if talks progress on a Sino-American trade deal.
Trading Ideas
Can ENDRA Life Sciences (NASDAQ:NDRA) Fund Its Growth Plans?
There’s no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com… …read more […]
Business News
Trump administration eases risks for banks on false lending claims
The Trump administration said on Monday it would try to entice banks to offer more mortgages to low-income borrowers by reducing reliance on a Civil War-era law the Obama administration used in the wake of the subprime mortgage crisis to build bad-lending cases against big banks.
Business News
Amazon could challenge loss of $10 billion Pentagon cloud deal as early as next week
If Amazon.com decides to fight the Pentagon’s decision to award a highly contested $10 billion cloud computing contract to Microsoft, it could act as early as next week.
Trading Ideas
Amazon could challenge loss of $10 billion Pentagon cloud deal as early as next week
If Amazon.com decides to fight the Pentagon’s decision to award a highly contested $10 billion cloud computing contract to Microsoft, it could act as early as next week. A challenge to the Defense Department’s award announced Friday is widely expected by legal experts, analysts and consultants, especially after President Donald Trump publicly derided Amazon’s bid for the high-stakes contract. In July, Trump said the administration was reviewing Amazon’s bid after complaints from other companies. …read more […]
Trading Ideas
Tiffany gets $14.5B takeover offer from Louis Vuitton owner
Louis Vuitton owner LVMH reportedly offered $14.5 billion to acquire Tiffany, according to Bloomberg. Yahoo Finance’s Jared Blikre joins Akiko Fujita on The Ticker to discuss. …read more […]
Trading Ideas
Is MasTec, Inc.'s (NYSE:MTZ) ROE Of 20% Impressive?
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is… …read more […]
Trading Ideas
Elon Musk Takes to Twitter to Tout Telsa Batteries as California Burns
(Bloomberg) — Power grid down? No problem, says Elon Musk.As California girds for its fourth major intentional blackout this month, Tesla Inc.’s chief executive officer is again using the crisis to promote the company’s energy products.But don’t expect the systems to run an entire home, said Michelle Davis, an analyst at Wood Mackenzie Power & Renewables.“Tesla, like other solar companies, is taking advantage of this uptick in interest,” Davis said in an interview Monday. “Most solar-plus-batteries can only provide minimal services — just a few circuits in the home.”As California utilities cut off electricity in an effort to prevent wildfires, …read more […]
Business News
Ford to cut 450 jobs at Canada plant on Flex, Lincoln MKT production halt
Ford Motor Co will cut about 450 jobs at its Oakville assembly plant in Ontario, as the No. 2 U.S. carmaker discontinues production of the Ford Flex and Lincoln MKT, Canada’s largest private-sector union Unifor said https://reut.rs/2pmAPhJ on Monday.
Business News
S&P 500 hits record on trade optimism, Fed rate-cut expectations
The S&P 500 hit a record high on Monday, while the Nasdaq hovered just below its lifetime high touched in late July, as a more conciliatory tone between the United States and China buoyed hopes for a possible trade deal and investors anticipated a rate cut by the Federal Reserve later this week.
Business News
U.S.-China trade hopes boost global stocks; dollar eases
An index of global stock markets climbed to a 21-month high on Monday, boosted by growing hopes for a U.S.-China trade deal and the view that the U.S. Federal Reserve this week will deliver its third interest rate cut for 2019.
Business News
‘We know we made mistakes’ on 737 MAX – Boeing CEO
Boeing Co Chief Executive Dennis Muilenburg will acknowledge on Tuesday before Congress that the aircraft manufacturer made mistakes after two deadly 737 MAX crashes killed 346 people, according to written testimony seen by Reuters.
Business News
De Beers banks on ‘diamonds are for me’
Anglo American unit De Beers said its 2019 marketing budget will exceed last year’s figure of $170 million and will focus on the biggest market the United States, where women lavishing diamonds on themselves has boosted sales.
Trading Ideas
Hedge Funds Have Never Been This Bullish On Sandstorm Gold Ltd. (SAND)
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have gone over 730 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […] …read more […]