Trading Ideas
Shake Shack shares nosedive post Q3 earnings
Yahoo Finance’s Dan Roberts, Anjalee Khemlani and Scott Gamm discuss Shake Shack’s plummeting shares on YFi AM. …read more […]
Year: 2019
Business News
Lufthansa invites unions for talks ahead of planned strike
Lufthansa said its Chief Executive Carsten Spohr had invited representatives of three unions for talks on a wage dispute that threatens to ground the airline’s German fleet for 48 hours from late on Wednesday.
Business News
U.S. SEC to propose rules that could limit shareholders’ voice in corporate voting proposals
Wall Street’s top regulator is poised on Tuesday to propose a long-awaited rule that would set new limits on shareholders’ ability to call for change at companies on thorny issues like climate change disclosures and executive compensation.
Business News
Fed’s Barkin: Conflicting signals make U.S. economy hard to read
Conflicting signals make it difficult to get a handle on the true health of the U.S. economy and reducing uncertainty for businesses would provide a shot in the arm to growth, Richmond Fed Reserve Bank President Thomas Barkin said on Tuesday.
Business News
Fed’s Barkin: It’s a good time to pause interest rates
The U.S. Federal Reserve should hold interest rates steady for the time being after last week’s cut in borrowing costs and assess how the economy evolves, Richmond Fed President Thomas Barkin said on Tuesday.
Trading Ideas
Nio, Mobileye partner on self-driving consumer passenger cars in China
Under the agreement, Nio will manufacture and produce at mass scale a self-driving system designed by Mobileye, which will be integrated into Nio’s electric-vehicle consumer lines, as well as Mobileye’s driverless ride-hailing services. The self-driving kit provided by Israel-based Mobileye includes the vision processing chip, camera, radar and lidar sensors, as well as safety and mapping software. …read more […]
Trading Ideas
Costco unveils holiday savings with early Black Friday deals, discounts on Apple MacBook, TVs and more
Costco’s Black Friday sale includes deals on televisions, appliances, Xbox gaming systems, Apple MacBook and other laptops. …read more […]
Trading Ideas
Peloton releases first earnings report since IPO
The exercise equipment company released its first fiscal quarter earnings report after going public. Peloton’s President William Lynch joins Yahoo Finance’s Brian Sozzi and Alexis Christoforous to discuss the growth and profitability of Peloton. …read more […]
Trading Ideas
Chief Revenue Officer Robert Traube Just Sold A Bunch Of Shares In Zuora, Inc. (NYSE:ZUO)
We wouldn’t blame Zuora, Inc. (NYSE:ZUO) shareholders if they were a little worried about the fact that Robert Traube… …read more […]
Business News
Italy’s PM says he will not bend on Ilva steel plant dispute
Italian Prime Minister Giuseppe Conte insisted on Tuesday that he would not give way in a standoff with ArcelorMittal over the future of troubled steel plant Ilva, as the threat of thousands of job losses piled pressure on the ruling coalition.
Business News
Wall Street opens higher on trade truce hopes
All three main indexes on Wall Street opened higher for a fifth straight session on Tuesday as technology stocks rose on rising hopes of a trade truce between the United States and China.
Business News
Aramco share sale curb rules out overseas listing for at least a year
The Saudi government plans to sell 2% of state oil giant Aramco in a domestic listing on Dec. 11, three sources familiar with the matter said, but restrictions on future share sales mean an international IPO is ruled out for at least a year.
Trading Ideas
SpaceX brings Musk back on Twitter, days after quitting
Just three days after the billionaire announced that he was going offline, Tesla Inc’s chief executive officer went back on Tuesday with a handful of tweets promoting a successful test by his rocket company, SpaceX. Last Friday, Musk tweeted he was going offline, after questioning “the good” of the micro-blogging site. Musk has a history of being playful with his Twitter account, one of corporate America’s most-watched. …read more […]
Business News
Mylan tops profit estimates as newer drugs spur North America growth
Mylan NV beat Wall Street estimates for third-quarter profit on Tuesday, as its biggest market, North America, benefited from launches of lung disease therapies Wixela and Yupelri.
Business News
Domestic focus a ‘better choice’ for many Chinese companies: Harvest Global CIO
Focusing on domestic consumers would be a “better choice” for many Chinese companies, even if the shift is forced by trade tariffs and weak worldwide growth, said Thomas Kwan, chief investment officer at Harvest Global Investments.