As major U.S. corporations prepare to close the books on a lackluster year of profit growth, they may need to shore up confidence that 2020 will show significant improvement to keep the stock market’s rally going.
NEW YORK/SAN FRANCISCO (Reuters) – As major U.S. corporations prepare to close the books on a lackluster year of profit growth, they may need to shore up confidence that 2020 will show significant improvement to keep the stock market’s rally going. Wall Street surged to record highs last week, partly reflecting growing hopes for a resolution to U.S. President Donald Trump’s tariff war with China. Investors are anxious to find out whether that will bolster the case for a pickup in earnings growth after the S&P 500’s 29% gain in 2019 occurred despite anemic profit growth in …read more […]
Many investors define successful investing as beating the market average over the long term. But the risk of stock… …read more […]
Last week, you might have seen that PriceSmart, Inc. (NASDAQ:PSMT) released its first-quarter result to the market… …read more […]
German conglomerate Thyssenkrupp AG has stepped up efforts to sell its Industrial Solutions unit, which builds plants and industrial sites, the Financial Times newspaper reported https://on.ft.com/2uCjbc5 on Sunday.
If you’re interested in Biocept, Inc. (NASDAQ:BIOC), then you might want to consider its beta (a measure of share… …read more […]
Seattle, the Pacific Northwest city where home-grown online retailer Amazon.com has increasingly flexed its political muscle, is expected to approve on Monday legislation banning political contributions by companies with at least 5% foreign ownership.
Seattle, the Pacific Northwest city where home-grown online retailer Amazon.com has increasingly flexed its political muscle, is expected to approve on Monday legislation banning political contributions by companies with at least 5% foreign ownership. A six-member committee of Seattle City Council has already unanimously approved the measure, making it almost certain that the full nine-member council will pass it on Monday. Amazon, Seattle’s largest employer, donated a record $1.5 million to back a slate of pro-business candidates in the November council elections – a campaign that was largely unsuccessful. …read more […]
Incoming Nike CEO John Donahoe has a background in technology, not sports apparel. …read more […]
Today we’ll evaluate Advanced Micro Devices, Inc. (NASDAQ:AMD) to determine whether it could have potential as an… …read more […]
Today we’ll evaluate Ulta Beauty, Inc. (NASDAQ:ULTA) to determine whether it could have potential as an investment… …read more […]
Regular readers will know that we love our dividends at Simply Wall St, which is why it’s exciting to see The PNC… …read more […]
Analysts might have been a bit too bullish on Acuity Brands, Inc. (NYSE:AYI), given that the company fell short of… …read more […]
Saudi Arabian oil giant Aramco announced Sunday that its initial public offering raised a record $29.4 billion, a figure higher than previously announced, after the company used a so-called “greenshoe option” to sell millions more shares to meet investor demand. The company said that the sale of an additional 450 million shares took place during the initial public offering process. The oil and gas company, which is majority owned by the state, began publicly trading on the local Saudi Tadawul exchange on Dec. 11. …read more […]
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