Oil prices edged lower on Tuesday, coming off their highest levels in months as the market calmed while the world braces for Iran’s response to the killing of its top military commander by the United States.
Oil prices edged lower on Tuesday, coming off their highest levels in months as the market calmed while the world braces for Iran’s response to the killing of its top military commander by the United States. Brent crude fell 44 cents to $68.47 a barrel by 0200 GMT while U.S. West Texas Intermediate (WTI) crude was at $62.86 a barrel, down 41 cents. Prices surged for the previous two sessions on fears of escalating conflict and supply disruption in the Middle East after the Jan. 3 drone strike in Baghdad that killed Iran’s Qassem Soleimani. …read more […]
Nissan Motor said on Tuesday that ousted former Chairman Carlos Ghosn’s flight from Japan would not affect its policy of holding him responsible for “serious misconduct.”
Impossible Foods Inc on Monday launched a plant-based sausage patty that will be tested in 139 Burger King restaurants later this month, entering a category dominated by rival Beyond Meat .
Burger King is doubling down on its big bet on the plant-based meat craze with a new addition to its breakfast menu. …read more […]
Boeing Co said Monday that it will reassign 3,000 workers to other jobs as it halts production of the grounded best-selling 737 MAX jet in mid-January.
Asian shares rebounded on Tuesday as a day passed without a new escalation in the Middle East and Wall Street erased early losses to end in the black as tech stocks climbed.
Asian shares rebounded on Tuesday as a day passed without a new escalation in the Middle East and Wall Street erased early losses to end in the black as tech stocks climbed. Oil surrendered some hefty gains as many doubted Iran would strike back in a way that would disrupt supplies, and its own crude exports. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.3%, after a 0.7% drop the previous session. …read more […]
The IRS’ Free File program was called into question after reports showed companies steered taxpayers away from free options they may have been eligible to use. …read more […]
Andrew Left, who has long targeted companies that he thinks are over-valued through his work at Citron Research, told investors on Monday that his new hedge fund returned 43% after fees in 2019, its first year in business. Left also made a prediction that home furnishing company RH, one of his winners last year, may make a tempting takeover target for someone. “In 2019, our first full year of operation, Citron Capital, LP (“Fund”) generated a gross return of 56.4% and net return of 43.3%,” Left wrote in the letter seen by Reuters. …read more […]
Andrew Left, who has long targeted companies that he thinks are over-valued through his work at Citron Research, told investors on Monday that his new hedge fund returned 43% after fees in 2019, its first year in business.
Many still face the prospect of falling into poverty in retirement. …read more […]
Opportunity knocks but once, goes the old saw, and the trick is making sure you hear it. That’s certainly true in the investing world, where it can sometimes be difficult to identify the stocks most likely to show near-term growth. This is where TipRanks steps in.TipRanks assembles a comprehensive database of stock performance information, based on the market movements of 6,400 publicly traded companies. And in all of this information, it’s possible to find the upgrades.Upgrades happen when an analyst revises his view of a stock – and bumps it up. Sometimes it’s in response to a particularly good quarter, …read more […]
Home decor and furniture retailer Pier 1 Imports Inc said on Monday it plans to close up to almost half of its stores, cut jobs and warned about its ability to continue as a going concern in a tough retail environment.
(Bloomberg) — Crowdstrike Holdings Inc. fell 1.5% in post-market trading as people familiar with the matter said a large block of shares is changing hands overnight.Credit Suisse is lining up buyers for a five-million share stake in the cybersecurity firm, the people said. The bank is offering the shares on behalf of an unknown shareholder at $53.60 to $53.80 each, a maximum 2.7% discount to Monday’s closing price.Shares closed on Monday with an 8.6% gain as investors bet the increased risk of Iranian cyber-attacks in the U.S. will result in more business for Crowdstrike and other cybersecurity companies.The offering comes …read more […]
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