Trading Ideas
Dow, S&P 500, Nasdaq hit record highs
Yahoo Finance’s Ines Ferre joins The First Trade to discuss some of the biggest headlines moving the market today. …read more […]
Month: November 2019
Business News
On board Qantas’ ultra-long haul test flight
When I signed up to join a trial run of the world’s longest commercial flight, I expected an exercise in endurance but not steak for breakfast and a physical work-out regime.
Trading Ideas
Warren Buffett's Berkshire Adds 2 Stocks to Portfolio in 3rd Quarter
Despite growing cash pile, portfolio managers did not increase any other positions Continue reading… …read more […]
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Applied Materials Rises on 4th-Quarter Results Beat
The company provides higher expectations on revenue and pro forma earnings for the 1st quarter of fiscal 2020 Continue reading… …read more […]
Business News
J.C. Penney posts smaller loss under CEO Soltau, shares rise
J.C. Penney Co Inc on Friday reported a smaller-than-expected quarterly loss as it sold more diamond jewelry and denim clothing, results Chief Executive Jill Soltau said showed efforts to revive sales and profits at the department store are taking hold.
Trading Ideas
Merus N.V. Just Reported Earnings, And Analysts Cut Their Target Price
Merus N.V. (NASDAQ:MRUS) last week reported its latest quarterly results, which makes it a good time for investors to… …read more […]
Business News
Trade optimism, earnings power Wall Street to fresh record high
Wall Street’s main indexes hit fresh record highs on Friday, led by gains in technology stocks as upbeat comments related to U.S.-China trade talks and solid earnings from semiconductor industry bellwether Applied Materials brightened sentiment.
Trading Ideas
Estimating The Intrinsic Value Of Exxon Mobil Corporation (NYSE:XOM)
Does the November share price for Exxon Mobil Corporation (NYSE:XOM) reflect what it’s really worth? Today, we will… …read more […]
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Occidental Gets a Break With Buffett Stake, Icahn Court Defeat
(Bloomberg) — Occidental Petroleum Corp. rose after Warren Buffett’s Berkshire Hathaway Inc. bought an additional stake in the debt-laden oil producer and a Delaware judge ruled against activist investor Carl Icahn’s request for company files.Occidental gained as much as 4.2% Friday after Berkshire disclosed the purchase of $332 million of shares in the third quarter. That makes it the 17th-largest investor in Occidental, according to data compiled by Bloomberg.The stock is in addition to the $10 billion of preferred shares Buffett bought earlier in 2019 to help Occidental fund its takeover of Anadarko Petroleum Corp.The vote of confidence from Buffett …read more […]
Trading Ideas
Are Investors Undervaluing Wynn Resorts, Limited (NASDAQ:WYNN) By 46%?
Does the November share price for Wynn Resorts, Limited (NASDAQ:WYNN) reflect what it’s really worth? Today, we will… …read more […]
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NGM Biopharmaceuticals, Inc. Third-Quarter Results: Here's What Analysts Are Forecasting For Next Year
It’s been a pretty great week for NGM Biopharmaceuticals, Inc. (NASDAQ:NGM) shareholders, with its shares surging 12… …read more […]
Business News
Timeline: Amazon challenges Pentagon awarding $10 billion cloud deal to Microsoft
Amazon.com Inc said on Thursday it is contesting the Pentagon’s award of an up to $10 billion cloud computing deal to Microsoft Corp , expressing concern that politics got in the way of a fair contracting process.
Business News
Qantas completes ‘double sunrise’ test flight from London to Sydney, aircraft order could follow
Qantas Airways Ltd could place an order for planes capable of ultra long-haul flights early next year, the airline’s chief executive said after he completed a 19 hour, 19 minute non-stop test flight from London to Sydney on Friday.
Trading Ideas
Melinta Therapeutics, Inc. Just Reported Earnings, And Analysts Cut Their Target Price
One of the biggest stories of last week was how Melinta Therapeutics, Inc. (NASDAQ:MLNT) shares plunged 36% in the… …read more […]
Business News
Mexican president welcomes Pelosi remarks on North American trade deal approval
Mexico’s president Andres Manuel Lopez Obrador on Friday welcomed remarks by U.S. House Speaker Nancy Pelosi that U.S. legislators were making progress in the ratification of the United States-Mexico-Canada Agreement (USMCA) trade deal.