Trading Ideas
Panic Grips Arista Networks Stock After Earnings Report
Bearish sentiment because of temporary weakness indicates buying opportunity on the stock Continue reading… …read more […]
Month: November 2019
Trading Ideas
Gold-silver bars worth at least $6 mln stolen from Mexican miner
Gunmen robbed a truck carrying bars made of doré – a gold and silver alloy – from a unit of Mexican mining firm Fresnillo, the company said late on Sunday. Mexican media said the robbery occurred in the northwestern state of Sonora between the towns of Caborca and Sonoyta. …read more […]
Business News
Uber’s Kalanick sells 21% of his stake after share lockup expires
Uber Technologies Inc co-founder and former chief executive Travis Kalanick has sold nearly 21% of his stake in the ride-hailing company following the expiry of a so-called lockup period, a regulatory filing from late Friday showed.
Business News
Oil steadies as Cushing drawdown faces trade worries
Oil prices steadied on Monday after industry data showed a drop in stocks at the Cushing, Oklahoma, but trade concerns weighed after U.S. President Donald Trump appeared to downplay reports of an imminent lifting of tariffs on China.
Business News
Exclusive: Occidental seeks up to $700 million for Anadarko assets in Wyoming, Colorado – sources
Occidental Petroleum Corp is soliciting bids for oil and gas properties in Wyoming and Colorado that it acquired when it purchased Anadarko Petroleum, hoping the assets will fetch up to $700 million, according to people familiar with the matter.
Business News
Dollar, stocks slip amid trade deal uncertainty
The dollar slid and global equity markets fell on Monday after U.S. President Donald Trump’s remarks over the weekend suggested an end to the trade war with China was still not in sight, dashing recent investor optimism.
Business News
Smaller, thinner, less sweet snacks? Mondelez makes health drive
Snack maker Mondelez will offer more treats in smaller portions and with less sugar, as the company behind Oreo cookies and Cadbury chocolate responds to consumer demands for healthier products, underlined by a survey released on Monday.
Trading Ideas
AstraZeneca succeeds in treating lupus in late-stage study
AstraZeneca Plc said on Monday its experimental treatment significantly reduced disease activity in patients with autoimmune disorder lupus, in a late-stage study. The results pit the British drugmaker’s anifrolumab against rival GlaxoSmithKline Plc’s Benlysta – the only new drug approved for lupus in the last 60 years. Benlysta recorded 473 million pounds of global sales in 2018, up 26% from a year earlier. …read more […]
Business News
China’s Jingye Group agrees outline deal to rescue British Steel
China’s Jingye Group said on Monday it has reached a provisional deal to buy British Steel and promised to invest 1.2 billion pounds ($1.5 billion) over the next decade and save thousands of jobs.
Trading Ideas
Edited Transcript of BR earnings conference call or presentation 6-Nov-19 1:30pm GMT
Q1 2020 Broadridge Financial Solutions Inc Earnings Call …read more […]
Business News
Wall Street falls as Trump, Hong Kong sour mood
Wall Street’s main indexes fell on Monday as comments by President Donald Trump dampened optimism around a U.S.-China trade deal, while escalating violence in Hong Kong added to investor concerns.
Trading Ideas
Walgreens approached by KKR for record buyout deal: Report
Walgreens Boots Alliance has a market capitalization of nearly $56 billion. …read more […]
Business News
Maersk’s head of operations Soren Toft steps down
Denmark’s Maersk said on Monday its Chief Operating Officer Soren Toft has decided to leave the company after two years at management level at the shipping group.
Trading Ideas
Edited Transcript of ELF.N earnings conference call or presentation 6-Nov-19 9:30pm GMT
Q2 2020 e.l.f. Beauty Inc Earnings Call …read more […]
Trading Ideas
Edited Transcript of GFN earnings conference call or presentation 7-Nov-19 4:30pm GMT
Q1 2020 General Finance Corp Earnings Call …read more […]