Last week, you might have seen that Walgreens Boots Alliance, Inc. (NASDAQ:WBA) released its quarterly result to the… …read more […]
(Bloomberg) — Shares of Chinese electric-vehicle makers including Warren Buffett-backed BYD Co. jumped after the government signaled it won’t continue reducing subsidies for the industry at the same pace this year.Miao Wei, the minister for industry and information technology, told an audience in Beijing on Saturday EV-purchase subsidies won’t be cut July 1, like they were on that date last year.“Please rest assured. There wont be a further cut on July 1 this year,” Miao said in a speech at an industry forum. The audience, which included representatives from major automakers, was thrilled enough to applaud.Though the minister later clarified …read more […]
The Phase 1 trade deal to be signed this week by China and the United States “stops the bleeding” but does not end the trade war, a senior U.S. Chamber of Commerce official said on Monday, warning that significant challenges remain.
Lululemon Athletica Inc raised its quarterly sales and profit outlook on Monday, helped by strong holiday sales.
Lovers of Champagne and other French sparkling wines should brace for big cost increases if the United States makes good on a threat to impose 100% tariffs on French goods in a dispute over the country’s planned digital services tax.
In the months since office-sharing startup WeWork’s botched public debut, mid- and late-stage investors in big start-ups have been pushing for more safeguards in case their firms fail to go public or sell shares at a lower valuation than pre-IPO financing rounds.
Top news and what to watch in the markets on Monday, January 13, 2020. …read more […]
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of… …read more […]
Boeing Co’s new Chief Executive David Calhoun assumes the job Monday as the U.S. planemaker battles to recover from two fatal crashes of 737 MAX planes that killed 346 people in five months and led to the model’s worldwide grounding in March. Calhoun, 62, a long-time Boeing director named chairman in October after the board stripped Dennis Muilenburg of the title, was named chief executive on Dec. 23 following the board’s firing of Muilenburg amid growing concerns about the company’s relationship with regulators and its handling of the MAX. Boeing has estimated costs of the MAX grounding at …read more […]
Renault shares hit six-year lows on Monday after a media report that Nissan has accelerated secret contingency planning for a potential split from the French carmaker, the latest sign that the downfall of former boss Carlos Ghosn is roiling the 20-year alliance.
Renault shares hit six-year lows on Monday after a media report that Nissan has accelerated secret contingency planning for a potential split from the French carmaker, the latest sign that the downfall of former boss Carlos Ghosn is roiling the 20-year alliance. At 1027 GMT, the shares were down 3.7%, languishing at the bottom of Paris’ CAC 40 and the pan European STOXX 600 index . The plans include war-gaming a total split in engineering and manufacturing, as well as changes to Nissan’s board, the Financial Times newspaper reported on Sunday citing several sources. …read more […]
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also… …read more […]
Constellation Brands, Inc. (NYSE:STZ) investors will be delighted, with the company turning in some strong numbers… …read more […]
Oil prices rose slightly on Monday as investors shift their focus away from easing Mideast tensions to this week’s scheduled signing of an initial U.S.-China trade deal which could boost economic growth and demand.
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