Trading Ideas
Edited Transcript of SKYW earnings conference call or presentation 30-Oct-19 8:30pm GMT
Q3 2019 SkyWest Inc Earnings Call …read more […]
Year: 2019
Business News
Oil steadies after gains driven by trade optimism
Oil prices steadied on Tuesday as investors kept an eye on U.S. inventory data due later, following two days of gains on positive economic data and hopes for a Washington-Beijing trade deal.
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Edited Transcript of XOM earnings conference call or presentation 1-Nov-19 1:30pm GMT
Q3 2019 Exxon Mobil Corp Earnings Call …read more […]
Business News
Asian shares near July peak as optimism grows on trade, economy
Asian shares approached their July peak on Tuesday on signs the United States and China are inching closer to a truce in their trade war and on optimism the U.S. economy is poised for solid, consumer-driven growth.
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UPDATE 2-China c.bank cuts a key loan rate for 1st time since 2016 as growth slows
China’s central bank cut the interest rate on its medium-term lending facility (MLF) on Tuesday for the first time since early 2016, as policymakers work to prop up a slowing economy hit by weaker demand at home and abroad. With growth cooling faster than expected and nearing 30-year lows, a number of economists worry there is a risk that Chinese policymakers may be falling behind the curve by moving too cautiously. …read more […]
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UPDATE 1-Resurgent Boeing 737 MAX could trigger jet surplus, analyst warns
Airlines struggling to cope with the grounding of the 737 MAX could face a markedly different problem when Boeing Co’s best-selling jet is cleared to re-enter service: a switch to concerns about aircraft oversupply, carriers have been warned. The U.S. planemaker has continued to produce the jet since it was grounded in March after two fatal accidents, and is expected to speed deliveries by 40%, to 70 units a month, when its factory doors reopen, in a bid to clear the backlog. …read more […]
Business News
China presses Trump for more tariff roll-backs in ‘phase one’ trade deal
China is pushing U.S. President Donald Trump to remove more tariffs imposed in September as part of a “phase one” U.S.-China trade deal, people familiar with the negotiations said on Monday.
Business News
Oil edges lower amid doubts over OPEC cuts
Oil prices slipped on Tuesday amid doubts over whether OPEC and other countries will continue to restrain output, edging lower after two days of gains on U.S. economic data and hopes for a Washington-Beijing trade deal.
Business News
Uber’s quarterly loss widens as costs rise; shares fall
Uber Technologies Inc on Monday posted a wider third-quarter loss as the company tries to outspend competitors through discounts and invests heavily in loss-making new business ventures, sending its shares down 5.5% in after-hours trading.
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The Stellar Foundation has burned over 50% of the total XLM token supply, canceling airdrop programs
The Stellar Development Foundation (SDF) has burned a total of 55 billion Lumens (XLM), worth $4.4 billion, in a push to reshuffle its development strategy. The post The Stellar Foundation has burned over 50% of the total XLM token supply, canceling airdrop programs appeared first on The Block. …read more […]
Business News
Asian shares rally on U.S.-China trade deal hopes
Asian shares closed in on their July peak on Tuesday on increasing signs the United States and China are inching closer to a truce in their trade war and on optimism the U.S. economy is well poised for solid, consumer-driven growth.
Business News
China pushing Trump to remove more tariffs ahead of trade deal: media
China is pushing U.S. President Donald Trump to remove more tariffs imposed in September ahead of the signing of the U.S.-China trade deal, Politico reported on Monday, citing three people familiar with internal discussions.
Business News
U.S. considers dropping some tariffs on China: FT
Trump administration officials are debating whether to remove some existing tariffs on Chinese goods as a concession to seal a partial deal, the Financial Times reported on Monday.
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Preferred Apartment Communities: 3Q Earnings Snapshot
ATLANTA (AP) _ Preferred Apartment Communities Inc. (APTS) on Monday reported a key measure of profitability in its third quarter. The Atlanta-based real estate investment trust said it had funds from operations of $14.2 million, or 31 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry. …read more […]
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UPDATE 1-Occidental misses 1st-qtr earnings estimates after Anadarko deal
Occidental Petroleum Corp on Monday missed earnings estimates in its first results after closing its $38 billion purchase of rival Anadarko Petroleum, and said it would slash spending on big projects by 40% next year. Occidental, which is battling pressure from activist investor Carl Icahn to accelerate asset sales to pay off debt, reported a third-quarter net loss of $912 million after a year-ago profit of $1.87 billion. The company is expected to hold a briefing on Tuesday to discuss its results. …read more […]