The U.S. Commodity Futures Trading Commission has ordered a Wells Fargo & Co unit to pay more than $14 million over alleged multiple swap dealer business conduct standards violations, the agency said in a statement on Friday.
Disney beat Wall Street estimates on top and bottom lines. CFRA’s Tuna Amobi talks with Yahoo Finance’s Julie Hyman, Brian Cheung and Scott Gamm about Disney, a company he says “has a lot going for[it]” as it prepares to launch its streaming service next month. …read more […]
Shopify has pulled back to a supportive long-term trendline …read more […]
Tesla Inc Chief Executive Officer Elon Musk took to Twitter on Friday to taunt short-seller David Einhorn in an open letter after the hedge fund owner wrote to clients about losing money on his short position in the Silicon Valley car maker.
A copy of the letter posted by the Zerohedge https://www.zerohedge.com/markets/major-hedge-fund-capitulates-tesla-short-david-einhorn-accuses-musk-significant-fraud blog and dated Oct. 30, quoted Einhorn as saying that his Greenlight Capital fund made material losses on Tesla in the second quarter. “Unit sales in the June quarter improved more than we expected compared to the March quarter,” he wrote in the letter, according to the text posted on Zerohedge. …read more […]
Oil prices fell and global equity markets slid on Friday, halting a week-long rally on hopes an end to the U.S.-China trade war was near, as investors parsed statements from Beijing and Washington on where they stand on rolling back tariffs.
We wouldn’t blame Raymond James Financial, Inc. (NYSE:RJF) shareholders if they were a little worried about the fact… …read more […]
Gap Inc said on Friday it was sticking with plans to spin off its Old Navy brand into a separate company, as Wall Street analysts questioned its commitment to the project following the surprise exit of Chief Executive Officer Art Peck.
Today we are going to look at Ball Corporation (NYSE:BLL) to see whether it might be an attractive investment… …read more […]
The Federal Communications Commission on Friday said it was directing nine broadcast station groups to return to the negotiating table over whether to allow local stations to air on AT&T Inc’s DirectTV after some consumers have been without access for five months.
The Federal Communications Commission on Friday said it was directing nine broadcast station groups to return to the negotiating table over whether to allow local stations to air on AT&T Inc’s DirectTV after some consumers have been without access for five months. In June, AT&T filed a bad faith complaint against the nine individual station owners, which collectively pulled 20 stations in 20 cities from DIRECTV, DIRECTV NOW and/or U-verse. The nine station groups are either managed or controlled by Sinclair Broadcast Group , AT&T said. …read more […]
World-class money managers like Ken Griffin and Barry Rosenstein only invest their wealthy clients’ money after undertaking a rigorous examination of any potential stock. They are particularly successful in this regard when it comes to small-cap stocks, which their peerless research gives them a big information advantage on when it comes to judging their worth. […] …read more […]
Wall Street halted a record run on Friday as U.S. President Donald Trump contradicted reports that the United States and China would roll back existing tariffs.
An Italian court on Friday convicted 13 former bankers from Deutsche Bank, Nomura and Monte dei Paschi di Siena over derivative transactions that prosecutors say helped the Tuscan lender conceal massive losses.
Q3 2019 Brookfield Infrastructure Partners LP Earnings Call …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
