Trading Ideas
Why Sweetgreen won’t be offering plant-based meat
Sweetgreen CEO Jonathan Newman joins The Final Round to break down what’s next for the company and why it won’t break into the growing fake meat market. …read more […]
Month: November 2019
Business News
UAW board moves to expel former union president Gary Jones
The United Auto Workers (UAW) union on Wednesday said its executive board had filed charges to remove union president Gary Jones, who has been tied to an ongoing corruption probe by U.S. federal officials.
Trading Ideas
The Next Two Retailers to Get Crushed?
First thing this morning, War Room members were positioned to profit off the big downside move on Urban Outfitters (NASDAQ: URBN) to lock in a 49% winner overnight.
Going into this report, we knew that retail names were making big, big moves – both higher and lower. As traders, we wanted our members to profit off this trend.
Here was the setup…
On Tuesday, names like Home Depot and Kohl’s got hammered when their forecast earnings numbers were lower than expected.
But today, names like Target and Lowe’s blasted higher, beating the estimated earnings numbers.
Seeing these huge reactions – both up and down – …read more […]
Business News
Fed minutes show rates on hold, little hurry to change course
A divided Federal Reserve that decided to hit pause in its easing cycle following a rate cut in October signaled in minutes of last month’s meeting it was in no hurry to reassess the path of interest rates.
Trading Ideas
Jeff Ubben's ValueAct Dives Into LKQ, PG&E
Activist firm releases 3rd-quarter portfolio Continue reading… …read more […]
Trading Ideas
PayPal has greatest optionality in payments: Nomura/Instinet
Analysts led by Bill Carcache think that PayPal has the ‘greatest optionality’ in payments, especially when it comes to monetizing on Venmo, Chinese cross-border spending, and the company’s plans to relaunch in-store payments next year. …read more […]
Business News
Ukraine widens probe against Burisma founder to embezzlement of state funds
Ukraine has widened its investigation into the founder of energy company Burisma to include suspicion of embezzling state funds, Prosecutor General Ruslan Ryaboshapka said on Wednesday.
Business News
Mitsubishi Heavy Industries has skills to build Airbus wings: CEO
Mitsubishi Heavy Industries Ltd is confident that it has the technical and production know-how to build high-tech wings for Airbus SE jetliners, the chief executive of the Japanese conglomerate said on Wednesday.
Trading Ideas
Charity to pay $4 million to resolve U.S. pharma kickback probe
A Florida-based charity will pay $4 million to resolve claims that it acted as a conduit for companies including Biogen Inc and Novartis AG to pay kickbacks to Medicare patients using their high-priced multiple sclerosis drugs, the U.S. Justice Department said on Wednesday. The settlement with the patient assistance charity The Assistance Fund marked the third so far with a foundation linked to an industry-wide probe that has resulted in $850 million in settlements with drugmakers and charities. TAF like the other foundations provide assistance to patients seeking to pay out-of-pocket costs for medications and says that since …read more […]
Business News
Shares slide on U.S.-China spat over Hong Kong, dollar gains
Global stock markets stumbled and the dollar gained on Wednesday after China blasted a U.S. Senate bill aimed at protecting human rights in Hong Kong, the latest obstacle to easing tensions in a prolonged Sino-U.S. trade war that has dented growth worldwide.
Business News
Oil jumps over 2% after U.S. inventory data, Russia OPEC comments
Oil prices surged more than 2% on Wednesday after a better-than-expected U.S. crude inventories report and as Russia said it would continue its cooperation with OPEC to keep the global oil market balanced.
Trading Ideas
Warren Buffett: If an Accountant Does Not Record Stock Options as an Expense, Do They Exist?
The Oracle of Omaha does not approve of the practice Continue reading… …read more […]
Trading Ideas
Edited Transcript of UA earnings conference call or presentation 4-Nov-19 1:30pm GMT
Q3 2019 Under Armour Inc Earnings Call …read more […]
Trading Ideas
Bank of America upgrades Canopy Growth to ‘buy’
Canopy Growth shares are popping after Bank of America upgraded it to a “buy” from “neutral.” The bank says the worst looks over for Canopy. Yahoo Finance’s Alexis Christoforous and Jared Blikre discuss on The Ticker …read more […]
Business News
GM sues Fiat Chrysler, alleging union bribery scheme cost it billions
General Motors Co on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV , alleging that its rival bribed United Auto Workers (UAW) union officials over many years to corrupt the bargaining process and gain advantages, costing GM billions of dollars.