Trading Ideas
SmileDirectClub up after third quarter results
SmileDirectClub reports mixed earnings, beating revenue estimates of $165.4 million with $180.2 million for the quarter. …read more […]
Year: 2019
Business News
Flying 14 hours or more? Boeing sees longer routes as ‘key’ for growth
Serving airlines that will operate flights lasting 14 hours or longer is a “key consideration” for Boeing Co’s global growth strategy over the next 20 years, an executive said on Tuesday.
Trading Ideas
ValueAct Urges External CEO Search at Hawaiian Electric
(Bloomberg) — Activist investor ValueAct Capital Management is urging Hawaiian Electric Industries Inc. to look outside of the company for a successor to Chief Executive Officer Constance Lau to help the utility accelerate its renewable energy goals.The San Francisco-based hedge fund said in a letter to Hawaiian stakeholders it believes the company has started its succession planning for Lau and is in need of a corporate cultural shift.“The company is at an inflection point where management can be driven either by more of the same inertia or, alternatively, by innovative, forward-looking thinking and action,” ValueAct Chief Executive Officer Jeff Ubben …read more […]
Trading Ideas
UPDATE 1-Brazil's BNDES hiring banks to sell at least $1.2 bln in JBS shares -sources
Brazilian development bank BNDES has asked banks for proposals to sell a stake worth 5 billion reais ($1.2 billion) in meatpacker JBS SA, sources with knowledge of the matter said. The shareholders agreement in the company requires BNDESPar to keep its stake at no less than 15% if it wants a seat on the board and a veto on some issues, according to public documents. Banks will advise BNDES on the best timing for the offering. …read more […]
Business News
U.S. auto showrooms need more electric cars, environmental group says
Environmental group the Sierra Club on Tuesday urged automakers and dealerships to help cut U.S. carbon emissions and fight the climate crisis by making more electric vehicle available in U.S. showrooms.
Business News
S&P 500 ekes out gain after Trump trade remarks
The benchmark S&P 500 stock index eked out a slim gain on Tuesday as President Donald Trump said the United States is close to signing an initial trade deal with China but offered no new details about negotiations.
Business News
Boeing gives pilot new job after firestorm over leaked messages: sources
One of two Boeing Co technical pilots who described flaws in a crucial flight control system in leaked 2016 instant messages has been transferred to a new job at the U.S. planemaker, two people familiar with the matter said on Tuesday.
Business News
Fed’s election year challenge: Is slowing U.S. job growth a ‘material’ change?
Having guided interest rates lower this year and declared a stopping point, Federal Reserve officials face a potentially volatile election year problem if U.S. job growth slows in coming months as many expect it will.
Business News
Disney+ debut hit by tech glitches, company blames demand
Walt Disney Co’s long-awaited debut in the streaming media wars on Tuesday was hit with technical glitches that the company said were caused by higher-than-expected demand as it takes on rival Netflix Inc.
Trading Ideas
Edited Transcript of DR.TO earnings conference call or presentation 7-Nov-19 1:30pm GMT
Q3 2019 Medical Facilities Corp Earnings Call …read more […]
Trading Ideas
Get Positioned Before Canada Goose Holdings Reports Earnings
If you watch the Today show in the morning, you know Al Roker has been all over the arctic cold front that’s now covering most of the Midwest and eastern part of the country.
This windchill image tells you everything you need to know.
But we’re not a weather service…
We’re here to alert you to profitable trading opportunities.
So from an investment perspective, this sets up an interesting situation in Canada Goose Holdings (NYSE: GOOS).
As I’m sure you know, Canada Goose sells the premium, $1,500 jackets that appeal to everyone from men and women to children – and (if you have the extra …read more […]
Business News
Tesla CEO says will build Gigafactory 4 in ‘Berlin Area’
Tesla Inc’s Chief Executive Officer Elon Musk said on Tuesday the electric car maker is going to build a new vehicle factory, “Gigafactory 4”, in the “Berlin Area”.
Business News
Stocks, dollar rise as Trump says trade deal is near
Global equity markets and the dollar rose on Tuesday as U.S. President Donald Trump reiterated the United States is close to signing a trade deal with China but offered no new details.
Business News
No tariff adjustments until deal made, Kudlow says: CNBC
White House economic adviser Larry Kudlow said on Tuesday there will be no tariff adjustments until trade deal with China is made.
Trading Ideas
Facebook to launch new payment system
Facebook is launching a new payment system, Facebook Pay. It will be available across Facebook, Messenger, Instagram and WhatsApp. It will be designed to facilitate payments across all of Facebook’s popular social networks and apps. …read more […]