Month: December 2019

The maker of the iPhone and MacBook has a proven track record for innovation, but it may soon struggle to justify its $1.2 trillion valuation Continue reading… …read more […]

Under terms of the deal, DuPont shareholders will own 55.4% of the shares of the new company and existing IFF shareholders will own 44.6%, IFF said in a statement. The deal, which has been unanimously approved by both boards, values the combined company at $45.4 billion on an enterprise basis, IFF said. DuPont will also receive a one-time cash payment of $7.3 billion upon closing of the deal, IFF added. …read more […]

ASML Holding tops the list Continue reading… …read more […]

(Bloomberg) — Asian stocks look set to start the week mixed after a partial U.S.-China trade deal yielded few details. The Australian dollar and the offshore yuan were firmer as China avoided extra tariffs.Futures on Japanese and Hong Kong equities dipped. Australian contracts were higher. Washington and Beijing agreed to a first phase of a broader trade deal on Friday that will see China boost imports, including of American agricultural products, and the U.S. halving duties on $120 billion of Chinese goods. The U.S. has also delayed levies that were due to be imposed on Sunday, and China said it …read more […]

Analysts expect that these companies will continue performing very well Continue reading… …read more […]

DuPont de Nemours, Franklin Resources, Cabot Oil & Gas and Macerich present buying opportunities Continue reading… …read more […]

The largest insider buys this week were Medtronic, Workday, Keurig Dr Pepper and Occidental Petroleum Continue reading… …read more […]

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Argentina, the world’s biggest seller of processed soybean meal and oil, raised export taxes on Saturday as the government seeks to fund spending under new President Alberto Fernandez.After the peso’s 37% slump this year, his administration is replacing a levy of 4 pesos per dollar for many exports with a fixed charge of 9%, according to a decree in the official gazette.But the document didn’t specify soybeans in a list of products, leading Eugenio Irazuegui, head of research at grains …read more […]

(Bloomberg) — Two of Amazon Inc.’s logistics centers in Germany face pre-Christmas strikes after the labor union Verdi called for higher pay and a recognition of collective wage agreements.The union urged staff at the company’s locations in Leipzig and Bad Hersfeld to stop working during the next work week to “disrupt” Amazon’s Christmas sales, it said in press releases on Sunday.The calls from Verdi follow similar actions targeted at Amazon last year. The U.S. retail company said at the time that the strikes wouldn’t impact deliveries over the holiday period.Verdi has been trying to persuade Amazon to sign a collective …read more […]

(Bloomberg) — The international effort to rein in fossil fuel pollution took a step backward this weekend after envoys at a marathon round of United Nations talks watered down language on issues they had agreed on in previous years.The delegates from almost 200 nations left Madrid after more than two weeks of discussion, agreeing only on the “urgent need” for countries to make deeper cuts to greenhouse gases. They shelved work on adding market mechanisms as a tool for countries to meet their goals and couldn’t agree about finance needed to fix the problem.The result undercut principles of the 2015 …read more […]