Trading Ideas
What to watch in the markets: Tuesday, Jan 28
Yahoo Finance’s Myles Udland highlights Apple’s upcoming earnings report and analysts’ expectations for the tech giant. …read more […]
Month: January 2020
Trading Ideas
Coronavirus and Its Impact on Markets
Empirical evidence suggests the pessimism will be short-lived Continue reading… …read more […]
Business News
Renault board meeting Tuesday to seal De Meo’s CEO nomination: report
Renault’s board is set to meet on Tuesday to approve naming Luca de Meo, formerly the head of Volkswagen’s Seat brand, as its next chief executive, Le Figaro newspaper reported on Monday.
Business News
Mexico’s America Movil fined 1.3 billion pesos by telecoms regulator
America Movil, the telecoms giant controlled by the family of Mexican billionaire Carlos Slim, said in a regulatory filing on Monday that one of its subsidiaries had been fined 1.3 billion pesos ($69.53 million) by Mexico’s telecoms regulator.
Business News
Crowded Lagos to ban motorbikes from most of Nigerian metropolis
Nigeria’s business capital of Lagos will ban commercial motorcycles from operating in large parts of the city, the state government announced on Monday, a move that could change the commute for thousands and threaten ride-hailing startups.
Trading Ideas
A-list celebrities attend lavish party at Jeff Bezos’ D.C. home
Jeff Bezos threw a lavish party at his new Washington, D.C. home, and some high-profile names were in attendance. These include Federal Reserve chairman Jerome Powell, Ben Stiller, Kellyanne Conway, Bill Gates, and Jared and Ivanka Trump.
Trading Ideas
Avenatti Googled ‘Insider Trading’ Before Nike Meeting
(Bloomberg) — Celebrity attorney Michael Avenatti did internet research on put options and insider trading before trying to extort millions of dollars from Nike Inc., federal prosecutors told a judge.Lawyers for the government on Monday told U.S. District Judge Paul Gardephe in Manhattan that they intend to show Avenatti’s search history to jurors at a two-week trial getting underway this week, calling it evidence of the California attorney’s state of mind during the alleged crime. At the time, Avenatti was representing a youth basketball coach with claims against Nike.Gardephe barred prosecutors from mentioning the search terms in their opening statement …read more […]
Trading Ideas
Why a Trump re-election could be very bad for markets
A second term in the White House could embolden President Donald Trump to take a tougher stance in negotiating with China, creating a source of risk for the markets and domestic economy, according to at least one economist. …read more […]
Business News
Former Boeing CEO Muilenburg resigns from Caterpillar board
Caterpillar Inc said on Monday former Boeing Co Chief Executive Officer Dennis Muilenburg had resigned from its board.
Trading Ideas
Boeing Receives More Than $12 Billion of Orders for New Loan
(Bloomberg) — Boeing Co. has received more than $12 billion of orders for a loan that will help bolster the planemaker’s finances as it grapples with a crisis that’s left its 737 Max grounded since March, according to people familiar with the matter.The deal may be finalized as soon as Monday, said one of the people who asked not to be named because the information is private. The size of the loan is still to be determined, another person said.The loan is expected to have a margin of 100 basis points over the London interbank offered rate and a ticking …read more […]
Business News
Whirlpool profit beats estimates on higher prices, cost cuts
Whirlpool Corp beat analysts’ estimates for quarterly earnings and forecast 2020 profit largely above expectations on Monday, as the appliances maker raised prices and reined in expenses to cushion the impact of higher production costs.
Trading Ideas
How Your Brain Makes You Susceptible to Fraud
Last year, a family member got sick. In addition to her physical ailments, her mental clarity nose-dived. I not only was worrying about her health, but also was very concerned she’d be vulnerable to fraud, as there were caregivers in her house.
But even healthy seniors fall prey to increasingly sophisticated financial abuse and fraud.
It turns out there is a physiological reason for this.
According to a UCLA study, older people have less activity in the part of the brain that is responsible for what is known as “gut feeling.” Oftentimes, it is that gut feeling that tells a person when someone …read more […]
Business News
Judge dismisses Wall Street ‘fear gauge’ lawsuit against Cboe
A federal judge on Monday dismissed an antitrust lawsuit by investors who accused the parent of the Chicago Board Options Exchange of letting anonymous traders rig the “fear gauge,” Wall Street’s main gauge of future stock market volatility, at their expense.
Business News
Wall Street tumbles as virus fuels economic worry
U.S. stocks suffered their worst day in over three months on Monday as China extended the Lunar New Year holiday due to a virus outbreak, fueling worries about the economic impact of containment efforts in the world’s second largest economy.
Trading Ideas
How to protect yourself against coronavirus
The Wuhan coronavirus is spreading, causing Chinese officials to pull out the 2003 SARS playbook. While the number of reported cases is on the rise, Laurie Garrettt, Epidemic expert, Pulitzer Prize winning science writer and author of ‘The Coming Plague’ says there are simple measures you can take to help protect yourself on Yahoo Finance. …read more […]