Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […] …read more […]
Hedge funds and other investment firms that we track manage billions of dollars of their wealthy clients’ money, and needless to say, they are painstakingly thorough when analyzing where to invest this money, as their own wealth also depends on it. Regardless of the various methods used by elite investors like David Tepper and David […] …read more […]
Kohl’s Corp and J.C. Penney Co Inc posted weak holiday season sales on Thursday, affirming that traditional brick-and-mortar retailers struggled to compete with record-breaking online shopping between Thanksgiving and New Year’s Day.
Oil prices steadied on Thursday after the previous session’s sharp losses on the back of swelling U.S. crude stocks and easing fears of imminent escalation of conflict between the United States and Iran.
U.S. stock index futures rose on Thursday after the United States and Iran pulled back from new military action, while firming optimism about a U.S.-China trade deal put Wall Street back on track for fresh records.
Willie Walsh, who created British Airways’ parent firm IAG by dragging old-fashioned flag carriers into the modern-age of budget flying, is to retire and will be replaced by Iberia boss Luis Gallego.
Volkswagen Group said on Thursday its vehicle deliveries last year were slightly above the previous year’s level, revising up an earlier forecast which predicted 2019 sales would be level with the year before.
Volkswagen on Thursday said vehicle deliveries for 2019 were slightly above prior year, revising upward an earlier forecast which predicted annual sales to be “on the level of prior year.”
World markets looked to have overcome their new year wobbles on Thursday, as the United States and Iran backed away from conflict in the Middle East.
Long-serving IAG CEO Willie Walsh, who started his career as a pilot 40 years ago, is to retire later this year. It brings down the curtain on one of the most influential careers in modern European aviation. The move was expected. Walsh will stand down from the role and from company’s board on March 26 […] …read more […]
(Bloomberg) — Kohl’s Corp. reported a slight drop in holiday sales, reinforcing concerns that department stores lost ground despite robust growth in U.S. consumer spending. Shares fell as much as 9.4% in early trading.Same-store sales, a key measure of retail success, declined 0.2% in November and December, the company said in a statement. Kohl’s also said profit for fiscal 2019, which ends in February, will be at the low end of its previously announced range of $4.75 to $4.95 a share.Key InsightsChief Executive Officer Michelle Gass said strength in e-commerce, beauty, footwear and other areas was offset by weakness in …read more […]
A Lebanese prosecutor imposed a travel ban on former Nissan boss Carlos Ghosn on Thursday, judicial sources said, after he was questioned over an Interpol warrant issued by Japan seeking his arrest on financial misconduct charges.
Technology companies transformed smartphones and televisions into continuous fountains of revenue. Now, big tech wants to work with automakers to do the same thing for your car.
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