Business News
U.S. pending home sales slip in October: NAR
Contracts to buy previously owned U.S. homes fell unexpectedly in October, with new contract signings down in three of the four U.S. regions.
Year: 2019
Business News
U.S. to announce findings from probe of France’s tech tax on Monday
U.S. trade officials said they will announce any proposed action toward France on Monday when they release the findings from their investigation into the European ally’s tax on big internet companies such as Amazon, Google and Facebook.
Business News
U.S. consumer spending increases steadily; inflation muted
U.S. consumer spending rose steadily in October, suggesting the economy will probably maintain its moderate pace of growth in the fourth quarter.
Trading Ideas
RBC Sees Stock Turbulence Ahead as S&P 500 Pushes Toward 3,350
(Bloomberg) — The U.S. stock market’s record-setting rally will lose some steam in 2020, with the risk of a pullback increasing in the next few months, according to RBC Capital Markets.Lori Calvasina, the firm’s head of U.S. equity strategy, predicted that the S&P 500 will finish next year at 3,350, a gain of roughly 7% from Tuesday’s close, while profits will grow 6% to $174 a share. With valuations expanding and fund managers turning “euphoric,” investors should watch out for a market retreat that’s bound to occur by the end of March, she warned.“We expect 2020 to be a year …read more […]
Trading Ideas
VMware Rises After The Release of 3rd-Quarter Results
The computer software company tops analysts on adjusted earnings and revenue Continue reading… …read more […]
Business News
Pfizer, Novartis lead $2 billion spending spree on gene therapy production
Eleven drugmakers led by Pfizer and Novartis have set aside a combined $2 billion to invest in gene therapy manufacturing since 2018, according to a Reuters analysis, in a drive to better control production of the world’s priciest medicines.
Trading Ideas
Edited Transcript of ALSK earnings conference call or presentation 7-Nov-19 7:00pm GMT
Q3 2019 Alaska Communications Systems Group Inc Earnings Call …read more […]
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Edited Transcript of GLNG earnings conference call or presentation 26-Nov-19 3:00pm GMT
Q3 2019 Golar LNG Ltd Earnings Call …read more […]
Trading Ideas
Does MetLife, Inc. (NYSE:MET) Have A Place In Your Dividend Portfolio?
Today we’ll take a closer look at MetLife, Inc. (NYSE:MET) from a dividend investor’s perspective. Owning a strong… …read more […]
Trading Ideas
When To Buy A House According To Warren Buffett
The CEO of Berkshire on the best time for investors to buy a house. Continue reading… …read more […]
Trading Ideas
3 Buy-Rated Stocks with Over 7% Dividend Yield
Are you ready to find some strong returns? That’s the point of investing, after all: getting a return on your money. With bonds trading low, and the Federal Reserve holding rates below two percent, investors are naturally turning to stocks. The result is a boon for the markets, as evidenced by the Dow Jones, S&P 500, and NASDAQ indexes at record highs. For now, stocks are where the returns are.But not all stocks are created equal when it comes to returning on investors’ money. If you’re looking for steady gains, your best options are the reliable dividend stocks. Like bonds, …read more […]
Business News
Wall Street opens at record highs on trade optimism, upbeat data
Wall Street’s main indexes notched fresh record highs at the open on Wednesday, as latest data pointed to a resilient domestic economy and investors remained optimistic about a resolution to the prolonged U.S.-China trade war.
Business News
U.S. third-quarter GDP growth raised; business investment stabilizing
U.S. economic growth picked up slightly in the third quarter, rather than slowing as initially reported, and there are signs the downturn in business investment could be drawing to a close.
Trading Ideas
Colgate-Palmolive Company (CL): Hedge Funds In Wait-and-See Mode
It seems that the masses and most of the financial media hate hedge funds and what they do, but why is this hatred of hedge funds so prominent? At the end of the day, these asset management firms do not gamble the hard-earned money of the people who are on the edge of poverty. Truth […] …read more […]
Trading Ideas
Hedge Funds Are Souring On Lockheed Martin Corporation (LMT)
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 […]