Trading Ideas
Prothena (NASDAQ:PRTA) Is In A Good Position To Deliver On Growth Plans
We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining… …read more […]
Month: November 2019
Business News
S&P 500, Dow retreat from record levels as Home Depot, Kohl’s weigh
The S&P 500 and the Dow Jones Industrial Average retreated after touching record highs on Tuesday, hit by dour forecasts from retailers Home Depot and Kohl’s.
Business News
Strike-hit South African Airways says state will not come to the rescue
South African Airways (SAA) resumed some regional flights on Tuesday but warned that only a deal with striking unions can resolve its current crisis, with no prospect of more money from the government.
Trading Ideas
Hedge Fund Guru Dmitry Balyasny Bets Big on These 3 Semiconductor Stocks
Since founding his eponymous hedge fund in 2001, Dmitry Balyasny has earned a reputation as a risk taker. He chair’s Balyasny Asset Management’s (BAM) investment committee, and oversees the delivery of consistent, alpha-driven returns. In its Q3 13F filing, BAM reported over $14.5 billion in managed securities – and had made some interesting moves in the semiconductor industry. Interesting because Balyasny has built his strategy on outperforming the broader market indexes, but the chip stocks have underperformed of late. The question raised is, does BAM see something the rest of us do not?We used TipRanks databases to get an idea. …read more […]
Trading Ideas
Broadcom raised to overweight at Morgan Stanley
Shares of the semiconductor Broadcom popped after Morgan Stanley upgraded the company to ‘overweight’ and named them top pick. Yahoo Finance’s Dan Roberts, Kristin Myers and Anjalee Khemlani discuss on YFi AM. …read more […]
Trading Ideas
Drug Legislation Likely to Dry Up Biotech Funding
Industry executives claim the proposed law will inhibit the development of life-saving medications Continue reading… …read more […]
Trading Ideas
Home Depot Q3 earnings in-line, revenue shy of expectations
Home Depot shares dipped after posting a weak Q3 sales report. The home improvement company’s sales growth was much lower than expected. Gradient Investments’ Portfolio Manager Jeremy Bryan joins Yahoo Finance’s Brian Sozzi and Alexis Christoforous on The First Trade. …read more […]
Business News
AFL-CIO’s Trumka not ready to back U.S.-Mexico-Canada trade deal
A major U.S. labor leader on Monday said there was more work to do on a new U.S.-Mexico-Canada trade agreement, pushing back against comments from House Speaker Nancy Pelosi that a breakthrough was imminent.
Trading Ideas
UPDATE 2-Thousands of CN Rail workers hold first strike in a decade
MONTREAL/WINNIPEG, Nov 19 (Reuters) – Thousands of unionized Canadian National Railway workers on Tuesday held their first strike in a decade, which is set to disrupt grain and oil transportation and put pressure on Prime Minister Justin Trudeau’s Liberal government. About 3,000 workers, including conductors and yardmen from CN Rail, the country’s largest railroad operator, hit picket lines, after both parties failed to resolve contract issues at a time of softening demand for freight service. “We’ve made no progress with the company,” Teamsters Canada spokesman Christopher Monette said. …read more […]
Business News
Emirates wants new Boeing jet put through ‘hell on Earth’ in testing
Emirates, the largest customer of Boeing’s upcoming 777x aircraft, wants the plane to be put through “hell on Earth” in testing to ensure it is safe to fly and meets performance expectations, the president of the Gulf airline said on Tuesday.
Trading Ideas
Estimating The Intrinsic Value Of Polaris Inc. (NYSE:PII)
How far off is Polaris Inc. (NYSE:PII) from its intrinsic value? Using the most recent financial data, we’ll take a… …read more […]
Business News
ConocoPhillips targets $50 billion free cash flow over next decade
ConocoPhillips unveiled a 10-year plan on Tuesday and said it would target free cash flow of about $50 billion with annual capital spending averaging less than $7 billion over the next decade.
Trading Ideas
Should You Be Excited About PulteGroup, Inc.'s (NYSE:PHM) 18% Return On Equity?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like… …read more […]
Business News
Oil slips below $62 as trade talks drag on
Oil fell for a second day on Tuesday, dropping below $62 a barrel on limited progress toward resolving the U.S.-China trade dispute, higher than expected Norwegian oil output and forecasts of rising U.S. crude inventories.
Trading Ideas
PSA trade unions give the nod to merger with Fiat
The majority of unions representing workers at Peugeot maker PSA are in favour of a planned $50 billion merger with Fiat Chrysler, PSA executives and union representatives said. At a PSA works council meeting, all trade union representatives on the council voted to give a favourable opinion on the merger. …read more […]