Walt Disney Co beat Wall Street estimates for quarterly profit on Thursday, as strong performance in its flagship theme parks and the box office success of its films like “The Lion King” and “Toy Story 4” offset huge investments to launch its streaming service Disney+.
Dropbox Inc beat analysts’ estimates for third-quarter revenue and profit on Thursday, as the online file hosting company signed up more individual and business customers to its platform.
Dropbox Inc beat analysts’ estimates for third-quarter revenue and profit on Thursday, as the online file hosting company signed up more individual and business customers to its platform. Dropbox, which competes with Alphabet Inc’s Google, Microsoft Corp as well as Box Inc, has relied on its “freemium” model to attract more customers. It acquired e-signature company HelloSign earlier this year and has partnered with rivals Microsoft and Google’s file storage platforms, aiming to expand its reach and convert free users to paid customers. …read more […]
A couple of months ago, War Room members cashed in on a triple win with General Electric (NYSE: GE). It came when I recommended members buy General Electric calls after the company reported earnings and its shares were immediately clobbered.
But GE’s shares didn’t fall because of the earnings report… The report was great.
Shares fell because a short seller came out with a report that accused the company of cooking its books. This led to the perfect opportunity to buy…
Why?
Because concurrent with its strong earnings report, GE came out in full force to defend itself immediately, and, as a result, its …read more […]
Q3 2019 Nel ASA Earnings Call …read more […]
General Motors Co confirmed on Thursday it has sold its shuttered Lordstown Assembly plant in Ohio to a start-up that has an ambitious plan to begin building electric pick-up trucks by the end of 2020.
Oil prices rose and stocks rallied worldwide on Thursday after China said it had agreed with the United States to cancel tariffs in phases, a key consideration in reaching a deal to end a trade war that has crimped economic growth and roiled markets.
Oil rose above $62 a barrel on Thursday after China hinted at progress towards a trade deal with the United States, raising hopes for an end to a long dispute that has weighed on economic growth and demand for fuel.
An agreement between the United States and China to roll back existing tariffs as part of a ‘phase one’ trade deal faces fierce internal opposition at the White House and from outside advisers, multiple sources familiar with the talks said.
Hedge funds are not perfect. They have their bad picks just like everyone else. Facebook, a stock hedge funds have loved dearly, lost nearly 40% of its value at one point in 2018. Although hedge funds are not perfect, their consensus picks do deliver solid returns, however. Our data show the top 20 S&P 500 […] …read more […]
You probably know from experience that there is not as much information on small-cap companies as there is on large companies. Of course, this makes it really hard and difficult for individual investors to make proper and accurate analysis of certain small-cap companies. However, well-known and successful hedge fund managers like Jeff Ubben, George Soros […] …read more […]
Italy’s biggest phone group Telecom Italia confirmed its guidance on Thursday after reporting a better than expected improvement in net debt, even as stiffer competition in its domestic market continued to take its toll. Telecom Italia (TIM) said its net debt at the end of September fell to 24.3 billion euros, with a reduction of 958 million euros compared with the end of last year, achieving its full year debt target three months ahead of time. …read more […]
Juul Labs Inc said on Thursday it would immediately stop accepting orders for mint-flavored refills for its e-cigarettes in the United States.
U.S. stocks are hitting new highs, but what’s driving the Dow higher? Recent data points to Apple as the largest contributor to the Dow’s climb, making up 22% percent of its total gains in the last year. Ben Phillips, EventShares CIO, joins Akiko Fujita on The Ticker to discuss. …read more […]
Airbus is seeking a new permanent leader of a $50 billion supply chain as Klaus Richter, chief procurement officer, steps down from his post at the Franco-German-led company to “pursue other professional challenges,” industry sources said.
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