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Spirit Airlines to buy 100 Airbus A320neo family aircraft

The deal includes a mix of Airbus A319, A320, and A321 models, the company said. The purchase agreement finalizes an October provisional deal for the aircraft, when Spirit picked European planes despite Washington imposing tariffs on them. Depending on the number of each variant of the A320 single-aisle family chosen, the deal could be worth $11 billion to $12 billion at the most recent 2018 Airbus list prices, but industry sources say such deals typically involve discounts of at least 50%. …read more […]

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Hong Kong Residents Eye Apartments Overseas as Protests Drag On

(Bloomberg) — Residents of Hong Kong are hunting for homes all over the world as tense anti-government protests look set to drag into the new year.Real estate brokers from Australia to Canada have seen a surge in interest over the past few weeks, with the desire to secure a safer future prompting many to look beyond the Asian financial hub.“There’s been an increase in capital outflows from Hong Kong-based investors into other major global real estate markets, with Australia, Singapore, Japan and the U.S. all seeing an increase in purchasing activity,” said Ben Burston, Knight Frank LLP’s Australia-based chief economist.Pro-democracy …read more […]

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BMW Investigated By SEC Over U.S. Sales Reporting Practices

(Bloomberg) — BMW AG is being scrutinized by the U.S. Securities and Exchange Commission over its sales reporting practices, months after the regulator extracted a penalty from Fiat Chrysler Automobiles NV over similar issues.The German automaker has been contacted by the SEC and will cooperate fully with its investigation, Phil DiIanni, a spokesman, said by phone. The agency doesn’t comment on the existence of any probes, SEC spokesman Kevin Callahan said.BMW has been in a tight race with Daimler AG’s Mercedes-Benz for leadership of the U.S. luxury auto market. While Mercedes has owned bragging rights the last three years, BMW …read more […]

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Are You a Short-Term or Long-Term Trader?

In my 20s, I started out on a trading desk where traders rarely held any positions overnight. They were day traders who got in and out of their trades in a matter of hours – and sometimes minutes.
As my career evolved and long-term investing became my focus, I shifted my goal to owning Perpetual Dividend Raisers for years.
Now I find stocks that my readers should be able to hold indefinitely as the companies raise their payouts every year.
But that’s investing. On the trading side, it is appealing to be in and out quickly.
With some stocks, you have to wait a …read more […]

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BMW says being investigated by U.S. SEC

“We can confirm that we’ve been contacted by the SEC and are cooperating fully with the investigation,” a BMW spokesman said, but declined to comment further. The Wall Street Journal earlier reported, citing a source, that the SEC was probing BMW’s sales practices. …read more […]

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Should You Avoid XOMA Corp (XOMA)?

The first quarter was a breeze as Powell pivoted, and China seemed eager to reach a deal with Trump. Both the S&P 500 and Russell 2000 delivered very strong gains as a result, with the Russell 2000, which is composed of smaller companies, outperforming the large-cap stocks slightly during the first quarter. Unfortunately sentiment shifted […] …read more […]

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Adamis Pharmaceuticals Corporation (ADMP): Are Hedge Funds Right About This Stock?

We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds’ top 3 stock picks returned 41.7% this year and beat […] …read more […]