Trading Ideas
What to watch in the markets: Wednesday Jan 15
Yahoo Finance’s Myles Udland highlights the latest news with Tesla and investor enthusiasm behind the company. …read more […]
Month: January 2020
Business News
Exclusive: “I’m happy he did it”: in Beirut, wife of fugitive Ghosn slams Japanese justice
Carlos and Carole Ghosn, the former first couple of carmaker Nissan, are united again in Beirut. They hold hands in the street and whisper together in a mix of Arabic and French. They kiss.
Trading Ideas
Delta's old planes helped a strong quarter, but spark climate concerns
On Delta’s Q4 2019 earnings call, CEO Ed Bastian talked about the advantages and disadvantages of Delta’s aging fleet. …read more […]
Trading Ideas
As shares fall below $1, it 'might be too late' for JC Penney to turn around
Shares of JC Penney closed below $1 recently, and if the stock continues to close below $1 for 30 days it risks being delisted by the NYSE. …read more […]
Business News
Wall Street pulls back on tariff report
U.S. stocks were mixed on Tuesday, reversing earlier intra-day record highs, following a report the United States would likely maintain tariffs on Chinese goods until after November’s presidential election.
Trading Ideas
JP Morgan and Citigroup beat on earnings, but Wells Fargo falls short
Wells Fargo, Citi and JP Morgan all reported fiscal fourth quarter results. Yahoo Finance’s Seana Smith and Vining Sparks analyst Marty Mosby discuss. …read more […]
Business News
Oil edges up after five days of losses ahead of U.S.-China trade pact
Oil prices edged higher on Tuesday after five days of declines as the United States and China prepared to sign a preliminary trade deal and as Middle East tensions eased.
Trading Ideas
Tesla hits all-time high as firms raise price target
Tesla hitting an all-time high after Jeffries and Deutsche Bank both raises their price targets on the stock. Yahoo Finance’s Seana Smith and Dan Howley discuss. …read more […]
Business News
Stocks rally, then ease on U.S.-China trade deal; oil gains
Oil prices rose and a gauge of global equity markets hit a new high on Tuesday as investors awaited the signing of a China-U.S. trade deal they hope will spur world economic growth, after the economy in 2019 saw its weakest year since the financial crisis.
Business News
Ex-Nissan boss Ghosn says French envoy told him of inside plot
Former Nissan chairman Carlos Ghosn, speaking in Beirut after his dramatic escape from Japanese justice, said on Tuesday that the French ambassador had warned him shortly after his arrest that his own company was plotting against him.
Trading Ideas
6 Stocks Trading With Low Price-Sales Ratios
Vodafone makes the list Continue reading… …read more […]
Trading Ideas
PG&E Nearing Deal With Pimco, Elliott on Restructuring Plan
(Bloomberg) — PG&E Corp. is nearing a deal with a group of creditors led by Pacific Investment Management Co. and Elliott Management Corp. that would entitle them to a mix of equity and new debt if they scrap their rival restructuring plan, people familiar with the matter said.The California power giant held discussions with the creditors ahead of a bankruptcy court hearing on Tuesday. PG&E lawyer Stephen Karotkin said during the brief hearing that the two parties were involved in “constructive negotiations.” A deal hasn’t yet been struck and the talks may still break off, people familiar with the situation …read more […]
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Business News
Wall Street dips from record in ‘Jason Bourne market’
U.S. stocks hit intra-day record highs on Tuesday before turning negative following a report that the United States would likely maintain tariffs on Chinese goods until after November’s presidential election.
Business News
Yen gains, yuan weakens on report tariffs on China to stay through U.S. election
China’s yuan weakened on Tuesday and the Japanese yen reversed earlier losses after a report that the United States will keep tariffs on Chinese goods through the U.S. election hurt risk sentiment.