President Donald Trump on Friday said he has not agreed to rollbacks of U.S. tariffs sought by China, sparking fresh doubts about when the world’s two largest economies may end a 16-month trade war that has slowed global growth.
WeWork officials, including co-founder and former Chief Executive Adam Neumann, are being sued by minority shareholders to recoup losses as the shared workspace provider pulled its initial public offering and saw its value plunge more than 87%.
Implications of the guru’s hurdle rule Continue reading… …read more […]
The S&P 500 and Dow Jones indexes stalled on Friday after a record run, as U.S. President Donald Trump contradicted reports that the United States and China would roll back existing tariffs.
Blackstone Group Inc is taking a majority stake in MagicLab, the parent company of dating app “Bumble” and “Badoo”, valuing the company at about $3 billion, the private equity firm said in a statement on Friday.
In this article we are going to estimate the intrinsic value of Telenav, Inc. (NASDAQ:TNAV) by taking the expected… …read more […]
The U.S. Commodity Futures Trading Commission has ordered a Wells Fargo & Co unit to pay more than $14 million over alleged multiple swap dealer business conduct standards violations, the agency said in a statement on Friday.
Disney beat Wall Street estimates on top and bottom lines. CFRA’s Tuna Amobi talks with Yahoo Finance’s Julie Hyman, Brian Cheung and Scott Gamm about Disney, a company he says “has a lot going for[it]” as it prepares to launch its streaming service next month. …read more […]
Shopify has pulled back to a supportive long-term trendline …read more […]
Tesla Inc Chief Executive Officer Elon Musk took to Twitter on Friday to taunt short-seller David Einhorn in an open letter after the hedge fund owner wrote to clients about losing money on his short position in the Silicon Valley car maker.
A copy of the letter posted by the Zerohedge https://www.zerohedge.com/markets/major-hedge-fund-capitulates-tesla-short-david-einhorn-accuses-musk-significant-fraud blog and dated Oct. 30, quoted Einhorn as saying that his Greenlight Capital fund made material losses on Tesla in the second quarter. “Unit sales in the June quarter improved more than we expected compared to the March quarter,” he wrote in the letter, according to the text posted on Zerohedge. …read more […]
Oil prices fell and global equity markets slid on Friday, halting a week-long rally on hopes an end to the U.S.-China trade war was near, as investors parsed statements from Beijing and Washington on where they stand on rolling back tariffs.
We wouldn’t blame Raymond James Financial, Inc. (NYSE:RJF) shareholders if they were a little worried about the fact… …read more […]
Gap Inc said on Friday it was sticking with plans to spin off its Old Navy brand into a separate company, as Wall Street analysts questioned its commitment to the project following the surprise exit of Chief Executive Officer Art Peck.
Today we are going to look at Ball Corporation (NYSE:BLL) to see whether it might be an attractive investment… …read more […]
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