Year: 2019

(Bloomberg) — President Donald Trump is scheduled to tour an Apple Inc. manufacturing plant in Austin, Texas, on Wednesday, the White House said Sunday.The president plans to visit the plant along with Apple Chief Executive Officer Tim Cook, according to a tweet by spokesman Judd Deere. The Austin American-Statesman newspaper reported that Trump will travel with Treasury Secretary Steven Mnuchin and other administration officials.The company announced in September that its new Mac Pro computer will be assembled in Texas after it received exclusions from the Trump administration from tariffs on certain parts imported from China.The visit also comes at a …read more […]

Sometimes the advantages that can drive long-term value erode away. When that happens, time is no longer the friend of a newly mediocre portfolio holding Continue reading… …read more […]

They have a low financial burden, which reduces the risk of loss for investors Continue reading… …read more […]

Copart tops the list Continue reading… …read more […]

Immunology drug scheduled to supplant the widely used heart medication Lipitor, tallying cumulative sales of $240 billion Continue reading… …read more […]

Airbus and Boeing fought to save billions of dollars of jet deals on Sunday as host airline Emirates kept the Dubai Airshow in suspense over dozens of tentative orders designed to fine-tune the world’s largest international airline network. The world’s top jetmakers are trying to win final approval for more than $30 billion in orders from Emirates that have been on ice for up to two years as Emirates protests about industrial delays. Interlocking deals involving a total of 110 Boeing 787 and Airbus A330neo and A350 are up for grabs, but it remains unclear whether there was …read more […]

HP Inc said on Sunday it had rejected an offer from printer maker Xerox Corp to buy the company, saying the $33.5 billion cash-and-stock proposal “significantly undervalues” the personal computer maker. “In reaching this determination, the Board also considered the highly conditional and uncertain nature of the proposal, including the potential impact of outsized debt levels on the combined company’s stock”, HP said, adding it had also taken note of Xerox’s annual revenue decline in making its decision. Xerox made the $33.5 billion cash-and-stock offer earlier in November, HP said on Sunday, citing a letter received from Xerox …read more […]

Renault will have soon drawn up a shortlist of candidates for chief executive officer but there is no rush, the French carmaker’s chairman told a German newspaper. Renault ousted chief executive Thierry Bollore in October as the carmaker and its Japanese partner Nissan have tried to rekindle their relationship after the arrest of the alliance’s former head Carlos Ghosn. …read more […]

This weekend’s Barron’s cover story explains how to generate income in retirement. Other featured articles discuss big tech’s take on banking and retailers that have been left behind. Also, the prospects … …read more […]

Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit from it. An Arvinas Inc (NYSE: ARVN) director stepped up to the buy window this past week. …read more […]

(Bloomberg) — A pizza restaurant in England was flooded by satirical reviews on TripAdvisor Inc. in the wake of Prince Andrew’s rare television interview on Saturday night.The popularity of the PizzaExpress Ltd. eatery in a commuter town southwest of London boomed immediately after Queen Elizabeth II’s second son denied sleeping with Virginia Roberts, one of the alleged teenage sex slaves of pedophile financier Jeffery Epstein.In an extraordinary interview with the BBC, the prince said he remembered taking his daughter Princess Beatrice to the pizza restaurant in Surrey on the night he was alleged to have had sex with Roberts in …read more […]