Trading Ideas
Are Insiders Selling Silgan Holdings Inc. (NASDAQ:SLGN) Stock?
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also… …read more […]
Year: 2019
Business News
Spanish court to probe Russian tycoon’s bid for DIA supermarket chain: document
Spain’s High Court will investigate allegations that Russian tycoon Mikhail Fridman acted to depress the share price of DIA when trying to take control of the supermarket chain, a court document seen by Reuters showed.
Trading Ideas
These 4 Measures Indicate That SkyWest (NASDAQ:SKYW) Is Using Debt Extensively
The external fund manager backed by Berkshire Hathaway’s Charlie Munger, Li Lu, makes no bones about it when he says… …read more […]
Business News
Fiat Chrysler to build new battery hub in Turin
Fiat Chrysler will build a new battery assembly complex in its Mirafiori plant in Turin, with an initial investment of 50 million euros ($56 million), the Italian American auto maker said on Tuesday.
Trading Ideas
UPDATE 1-Canada's Husky lays off workers as energy sector struggles
Canadian oil and gas producer Husky Energy Inc laid off a number of employees on Tuesday, a company spokeswoman said, the latest sign of how Canada’s energy sector is struggling with declining capital investment and sluggish growth. Calgary, Alberta-based Husky declined to say how many jobs were affected by the cuts. “Husky has been taking steps to better align the organization and workforce with our capital plan and strategy,” spokeswoman Kim Guttormson said in a statement. …read more […]
Trading Ideas
UPDATE 1-Boeing texts reveal flawed simulator, not smoking gun – ex-colleagues
Four days after leaked internal pilot messages set off a media firestorm for Boeing Co, former colleagues have defended a former pilot who voiced concerns about unreported 737 MAX software problems two years before fatal crashes. Chief Technical Pilot Mark Forkner described in the leaked messages how MCAS cockpit software, which has since been linked to crashes in Indonesia in 2018 and in Ethiopia in March this year, was “running rampant” during a flight simulator session. The messages fuelled speculation that either Boeing or Forkner or both knew about problems with the plane’s flight control software well before …read more […]
Business News
McDonald’s misses profit target as competition delivers breakfast, plant burgers
McDonald’s Corp missed Wall Street estimates for profit for the first time in two years on Tuesday as more investment to spruce up U.S. restaurants and speed up service weighed on the world’s biggest fast food chain, sending its shares down 4%.
Trading Ideas
JetBlue Airways Pulls Back to Regroup on Latin America and Caribbean Strategy
JetBlue Airways is pruning its Latin America network, cutting flights to Mexico City and reshaping its Caribbean operation so it can improve profitability amid “a series of unique headwinds,” executives said Tuesday on their third quarter earnings call. JetBlue will leave Mexico City in early January, three years after it fought to gain prime slots […] …read more […]
Business News
Zuckerberg to tell Congress Facebook is ‘not the ideal messenger’ for Libra currency
Facebook Chief Executive Mark Zuckerberg plans to acknowledge before Congress that Facebook is not the “ideal messenger” for its Libra cryptocurrency project, given ongoing criticism of the company.
Business News
U.S. crude stocks expected to rise for sixth consecutive week: Reuters poll
U.S. crude stockpiles likely rose for the sixth straight week, while refined products stockpiles likely fell last week, an extended Reuters poll showed on Tuesday.
Business News
Boeing texts reveal flawed simulator, not smoking gun: ex-colleagues
Four days after leaked internal pilot messages set off a media firestorm for Boeing Co., former colleagues have defended a former pilot who voiced concerns about unreported 737 MAX software problems two years before fatal crashes.
Business News
S&P cuts Boeing outlook to ‘negative’ on fresh 737 MAX concerns
S&P Global Ratings lowered its outlook for Boeing Co to “negative” from “stable” on Tuesday, after reports that the planemaker may have misled the U.S. Federal Aviation Administration about problems with the anti-stall software on its grounded 737 MAX jet.
Trading Ideas
Boeing texts reveal flawed simulator, not smoking gun: ex-colleagues
Four days after leaked internal pilot messages set off a media firestorm for Boeing Co., former colleagues have defended a former pilot who voiced concerns about unreported 737 MAX software problems two years before fatal crashes. Chief Technical Pilot Mark Forkner described in the leaked messages how MCAS cockpit software, which has since been linked to crashes in Indonesia in 2018 and in Ethiopia in March this year, was “running rampant” during a flight simulator session. The messages fueled speculation that either Boeing or Forkner or both knew about problems with the plane’s flight control software well before …read more […]
Trading Ideas
Boeing texts reveal flawed simulator, not smoking gun – ex-colleagues
Four days after leaked internal pilot messages set off a media firestorm for Boeing Co., former colleagues have defended a former pilot who voiced concerns about unreported 737 MAX software problems two years before fatal crashes. Chief Technical Pilot Mark Forkner described in the leaked messages how MCAS cockpit software, which has since been linked to crashes in Indonesia in 2018 and in Ethiopia in March this year, was “running rampant” during a flight simulator session. The messages fuelled speculation that either Boeing or Forkner or both knew about problems with the plane’s flight control software well before …read more […]
Business News
S&P 500, Dow gain on upbeat earnings reports; Facebook pressures Nasdaq
The S&P 500 and Dow Jones indexes rose on Tuesday, as upbeat earnings reports eased concerns over the fallout from the fragile U.S.-China trade relationship, but Facebook pressured Nasdaq after the company was hit with an expanded New York-led probe.