Month: December 2019

(Bloomberg) — Amazon.com Inc. says third-party merchants can no longer use FedEx Corp.’s ground delivery network this holiday season because it’s too slow — highlighting the e-commerce giant’s growing power over how products get to shoppers.Amazon sent a message to sellers Sunday night instructing them of the change, according to notifications reviewed by Bloomberg. Some Amazon sellers complained about receiving the change less than two weeks before Christmas when holiday spending is peaking. Their alternatives include United Parcel Service Inc.’s ground service.“It’s insane for them to do this on such short notice,” said Molson Hart, whose company Viahart sells toys …read more […]

We’re heading into the most wonderful time of year…
No, not the holidays – that time of year is fine.
But earnings season starts a month from now! Can you believe it? Where has the time gone?
In the third week of January, companies will begin reporting fourth quarter and year-end results. We’ll find out which companies – financially speaking – have been naughty and which have been nice.
For long-term investors, it’s a good time to look at our stocks and analyze the companies’ full-year performance. Then, we can determine whether it makes sense to continue holding the stocks.
For shorter-term investors or traders, …read more […]

In an 8-K filed on Monday, the company provided details on its international business ahead of its January fourth-quarter earnings report, which will disclose revenue and membership by region for the first time. Netflix provided a benchmark for investors, releasing historical streaming revenue, membership and average revenue per paying streaming membership by region for each quarter of 2017 and 2018; for the first three quarters of 2019; and for the twelve-month periods ended Dec. 31, 2017 and 2018 and the nine-month period ended Sept. 30, 2019. In the Asia-Pacific region – the company’s smallest – revenue was up …read more […]

According to the Wall Street Journal, Amazon has banned third-party sellers from using FedEx’s ground delivery services for its prime delivery shipments. The ban reportedly does not extend to FedEx Express or FedEx Home, which third-party sellers can still use, while other services like UPS and USPS are still available for them to use. Scott Gamm reports from the floor of the New York Stock Exchange. …read more […]

Tesla shares are up 5%, making the tech company on pace for its highest close in two years. This comes as analysts at Oppenheimer highlighted photos of Tesla vehicles produced in the under-construction China factory, and said expectations for the Shanghai facility were increasing. …read more […]

When it comes to recognizable stock names, Hyster-Yale Materials Handling (NYSE: HY) isn’t a name that immediately comes to mind.
In fact, you’ve probably never even heard of the company before…
After all, this Cleveland, Ohio-based farm and heavy construction machinery company makes a line of lift trucks, attachments, and aftermarket parts. Hyster-Yale Materials won’t find itself on anyone’s list of top 2020 investment ideas.
However, there’s a very good reason I’d like to bring it to your attention today, which is why I’ve decided to feature it in today’s Trade of the Day.
But first, I admit…
By all counts, Hyster-Yale doesn’t pop off …read more […]

Tandem Diabetes Care tops the list Continue reading… …read more […]

Uber’s Co-Founder has unloaded $350 million more in stock this month, bringing his total to more than $2.1 billion. Yahoo Finance’s Brian Cheung, Jared Blikre and Dan Howley join Seana Smith on The Ticker to discuss. …read more […]

Tesla shares jumped after Credit Suisse said the automaker has a “clear competitive advantage” over the rest of the industry when it comes to battery production. Yahoo Finance’s Dan Howley joins Seana Smith on The Ticker to discuss. …read more […]

(Bloomberg) — As PG&E Corp. races to salvage its restructuring after a major blow, a group of creditors trying to gain control of the bankrupt utility are using the setback to reinvigorate their own plan.The creditors, led by Pacific Investment Management Co. and Elliott Management Corp., have sent a presentation to PG&E stakeholders making the case that their plan satisfies demands raised by California Governor Gavin Newsom. The governor late Friday rejected the San Francisco-based utility’s reorganization based on concerns over the company’s board structure, safety issues and debt load.The creditor presentation, reviewed by Bloomberg, was sent to Newsom’s office …read more […]