Trading Ideas
Warren Buffett: Reading Will Make You a Better Investor
There are no shortcuts Continue reading… …read more […]
Month: December 2019
Business News
J&J CEO Gorsky spurns U.S. congressional hearing on carcinogens in talc products
Johnson & Johnson Chief Executive Officer Alex Gorsky has declined to appear at a U.S. congressional hearing set for Tuesday on the safety of the company’s Baby Powder and other talc-based cosmetics.
Trading Ideas
J&J CEO Gorsky spurns U.S. congressional hearing on carcinogens in talc products
In a hearing announcement, the House of Representatives Subcommittee on Economic and Consumer Policy said that its efforts to persuade Gorsky to testify included “repeated attempts to accommodate the company” over nearly a month. The panel will hear from experts on the health ramifications of talc powders and cosmetics, and on methods for detecting cancer-causing asbestos in such products. …read more […]
Business News
Wall St. falls as Apple, health shares drag, tariff deadline looms
U.S. stocks pulled back on Monday from near-record levels, as Apple and healthcare shares fell and investors braced for a busy week of political and economic news, including a potential turning point in the U.S.-China trade dispute.
Business News
Australia’s Westpac faces investor rage after exploitation payment scandal
Australia’s Westpac Banking Corp faces a showdown with investors at its annual meeting this week, seeking to hold back an avalanche of outrage over a money laundering scandal that includes accusations of enabling child exploitation payments.
Trading Ideas
Australia's Westpac faces investor rage after exploitation payment scandal
Australia’s Westpac Banking Corp faces a showdown with investors at its annual meeting this week, seeking to hold back an avalanche of outrage over a money laundering scandal that includes accusations of enabling child exploitation payments. The chairman, CEO and compliance chief of Australia’s oldest and second-largest bank have quit since the bombshell disclosure three weeks ago. The company also faces a possible vote against its executive pay for a second year under Australia’s “two strike” rule. …read more […]
Trading Ideas
Macy’s pops despite Goldman lowering rating to sell
Macy’s shares are popping, despite Goldman Sachs lowering their rating on the retailer. Goldman’s analyst also slashing her price target on Macy’s to $12 a share. Yahoo Finance’s Seana Smith and Brian Sozzi discuss on The Ticker. …read more […]
Trading Ideas
Peloton Commercial Results in Quick Gain for War Room Members
This morning in The War Room, we had a great discussion about the drama that’s now following the holiday commercial put out by Peloton (Nasdaq: PTON).
Here’s the scoop…
As you know, Peloton sells $2,000 exercise bikes that come with a membership-based subscription model – and the company recently IPO’d on Wall Street.
Since mid-September, Peloton shares have traded in a range from $20 up to $37.
But then the company’s holiday-inspired commercial came out…
In it, a husband surprises his wife on Christmas morning with a new Peloton bike, which she’s excited to get. She then goes on to document her experience of using …read more […]
Business News
Mexico asks Pelosi to act on trade deal, business groups wary
Mexican President Andres Manuel Lopez Obrador on Monday urged U.S. House Speaker Nancy Pelosi to decide on ratification of a North American trade pact, even as Mexican business groups fretted that proposed changes were weakening the deal.
Business News
Global stocks, gold little changed as trade war spurs concerns
Global equity markets traded flat on Monday as investors hoped officials would delay more U.S. tariffs set to take effect on Chinese goods this coming Sunday, while gold held firm as investors hedged against a possible escalation in the trade war.
Trading Ideas
Trade Alert: The Independent Non-Executive Vice Chairman Of Mesoblast Limited (ASX:MSB), William A. Burns, Has Just Spent US$60k Buying Shares
Even if it’s not a huge purchase, we think it was good to see that William A. Burns, the Independent Non-Executive… …read more […]
Business News
Morgan Stanley cutting jobs due to uncertain global environment -source
Morgan Stanley is cutting about 2% of its workforce globally due to an uncertain global economic outlook, according to a source familiar with the matter.
Trading Ideas
Here's Why I Think NVR (NYSE:NVR) Is An Interesting Stock
It’s only natural that many investors, especially those who are new to the game, prefer to buy shares in ‘sexy’ stocks… …read more […]
Business News
Wall St falls as health, tech shares drag, tariff deadline looms
U.S. stocks pulled back on Monday from near record levels, dragged lower by healthcare and technology shares, as investors braced for a busy week of political and economic news including a potential turning point in the U.S.-China trade dispute.
Trading Ideas
6 Companies With High Dividend Yields
These stocks have an average yield of 3% Continue reading… …read more […]