Railroad operator Kansas City Southern on Friday reported a better-than-expected quarterly profit, helped by an increase in refined fuel shipments to Mexico and ongoing cost cuts.
(Bloomberg) — Export sales of American pork soared to an all-time high last week as buyers stock up in anticipation of a widening protein gap created by the spread of a pig-killing disease in Asia.“They’re simply front-running the Chinese with everyone becoming fully aware of the demand wave about to hit,” Dennis Smith, senior account executive at Archer Financial Services, said in an email.Livestock traders who have been waiting for months for China to start stepping up imports of U.S. meat got their first taste of the buying last week. This week’s data signals the tightening in global protein markets …read more […]
They’re separate from your insurance. …read more […]
Sanofi SA said on Friday it would recall popular heartburn medicine Zantac in the United States and Canada, after the medicines were linked with a probable cancer-causing impurity. The French drugmaker said it was working with health authorities to determine the level and extent of the recall, which it called a precautionary measure being taken due to possible contamination with a substance called N-nitrosodimethylamine (NDMA). U.S. and European health regulators said last month they were reviewing the safety of ranitidine, which is commonly sold as Zantac and its generic alternatives, after an online pharmacy called Valisure notified them …read more […]
As an investor, mistakes are inevitable. But you want to avoid the really big losses like the plague. So take a moment… …read more […]
Credit card issuer American Express Co reported a higher-than-expected quarterly profit that highlighted the health of the U.S. consumer even as fears mount that a manufacturing-led weakness could spread to the broader economy.
Noah Hamman, CEO of AdvisorShares, tells Yahoo Finance’s Alexis Christoforous and Brian Sozzi why he’s still bullish on cannabis stocks. …read more […]
Schlumberger NV’s new chief executive wielded an axe to the company’s asset-heavy businesses, taking a $12.7 billion charge in the face of weaker shale drilling and sliding profits.
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously… …read more […]
Documents from Saudi Aramco show that the world’s largest oil firm earns only a limited proportion of its profit from foreign refining ventures, an area in which the company plans huge investment.
WBA is a technical turnaround play as the shares have fallen from $86 in December to an August low of $49. Since the beginning of April, following most of the price damage, the stock has traded sideways as downside momentum has abated. An attempted breakout in September on a big pickup in volume failed as it closed a gap and approached the 200-day average (currently $57). WBA then pulled back to its 50-day and bullishly held. Since October 9, the stock has rebounded once again. If it can clear its 200-day and the recent high at $58, the shares have …read more […]
Wall Street struggled for direction on Friday as upbeat earnings reports calmed nerves about the global economy after China expanded at its weakest pace in almost 30 years, with Johnson & Johnson also weighing on the blue-chip Dow index.
Arcadia Biosciences, Inc. (NASDAQ:RKDA) shareholders will doubtless be very grateful to see the share price up 71% in… …read more […]
A former chief executive of specialty finance lender Hercules Capital Inc has agreed to plead guilty to participating in what authorities say is the largest college admissions scam uncovered in the United States, prosecutors said on Friday. Federal prosecutors in Boston say Manuel Henriquez engaged in a college entrance exam cheating scheme and conspired to bribe a tennis coach to secure the admission of one of his daughters to Georgetown University as a fake athletic recruit. Lawyers for Henriquez, Hercules Capital’s founder, did not immediately respond to requests for comment. …read more […]
Britain may be about to draw a line under almost 3-1/2 years of political chaos, economic uncertainty and tortuous discussions with the European Union over the terms of its exit from the bloc. If the UK parliament gives its nod to the divorce deal Prime Minister Johnson has secured — unlikely but possible — we might well see sterling rally more than 5%; shares in domestic-focused British companies might rocket to record highs.
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