Trading Ideas
Stanley Druckenmiller's Top 6 Buys in the 4th Quarter
Former Soros partner’s top buys include two ETFs and Berkshire bank holding Continue reading… …read more […]
Month: February 2020
Business News
Big tech cos pull out of San Francisco conferences on coronavirus concerns
Verizon Communications Inc has pulled out of the RSA cyber security conference due to coronavirus-related concerns, the organizer said https://www.rsaconference.com/novel-coronavirus-update on Friday.
Business News
U.S. SEC probes Altria’s investment in Juul: WSJ
U.S. regulators have opened a probe regarding Marlboro maker Altria Group Inc’s investment in e-cigarette maker Juul Labs Inc, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Business News
Coronavirus fears, U.S. business data drag down Wall Street
U.S. stocks fell and the Nasdaq had its worst daily percentage decline in about three weeks on Friday as a spike in new coronavirus cases and data showing a stall in U.S. business activity in February fueled investors’ fears about economic growth.
Trading Ideas
Federal prosecutors investigating whether Boeing pilot knowingly lied to FAA: NYT
Boeing said it was cooperating with the U.S Department of Justice investigation. The prosecutors in recent months questioned several Boeing employees focusing on whether Mark Forkner, a top pilot at the company, intentionally lied to the regulator about the nature of new flight control software on the jet, according to the report. A lawyer for Forkner did not immediately respond to Reuters request for comment. …read more […]
Business News
Federal prosecutors investigating whether Boeing pilot knowingly lied to FAA: NYT
Federal prosecutors investigating Boeing Co are examining whether the U.S. planemaker knowingly misled the Federal Aviation Administration while it was seeking approval for its 737 MAX jet, the New York Times reported https://www.nytimes.com/2020/02/21/business/boeing-737-max-investigation.html, citing two people familiar with the matter.
Trading Ideas
We’re Killing It in The War Room
The market’s negative tone as we end this week would have you thinking all is wrong with the world.
With the coronavirus, recessionary signals out of Japan, a slowdown in exports from China, political land mines back in the U.S. and a fear of a melt-up in U.S. stocks coming to an end… you would think we’d all find comfort hiding in a cave somewhere!
Not so in The War Room. This week we locked in a slew of winners, and just yesterday Bryan showcased his amazing trading skills by opening and closing four winners in one day alone with strong double-digit …read more […]
Trading Ideas
Mason Hawkins' Southeastern Buys 4 Stocks in 4th Quarter
The Longleaf Partners Fund invests in energy and communications Continue reading… …read more […]
Business News
U.S. watchdog proposes national standard for disclosing expired debt
The U.S. consumer watchdog on Friday proposed establishing a national standard for how debt collectors must inform borrowers when they cannot be sued for expired debt.
Business News
Wall Street drops as coronavirus fears, business activity data weigh
U.S. stocks sold off on Friday as a spike in new coronavirus cases in China and other countries and as data showing U.S. business activity stalled in February fueled investors’ fears about the economy.
Business News
In next downturn, Fed may opt for quick, strong action
In the next economic downturn, the Federal Reserve and other central banks may need to roll out their big guns sooner and add new bazookas to their recession-fighting arsenals, or risk getting mired in growth-sapping deflation or worse.
Business News
Deere’s shares hit all-time high on unexpected rise in quarterly profit
Deere & Co’s shares hit an all-time high on Friday after the company reported an unexpected increase in first-quarter profit, but the world’s largest farm equipment maker warned the outbreak of coronavirus would hit sales and earnings in the second quarter.
Trading Ideas
Can Beyond Meat (BYND) Stock Keep Surging Higher? Analysts Remain Skeptical
If volatility was a vegan patty, the Beyond Meat (BYND) offering would be selling by the truckload. Shares of the meat industry disruptor are up by 54% year-to-date. The wild ride continues last year’s action-packed performance; following its public listing in May, the stock surged by more than 420% to a high of $239.71 in July, before crashing all the way down to $73.6 in mid-December.The jury is still out on whether Beyond Meat really has what it takes to become a marquee name in the 2020s, as a number of questions regarding its road to long-term success still remain …read more […]
Business News
Oil slides 1% on renewed fears over toll from coronavirus
Oil prices fell about 1% on Friday on renewed concerns about crude demand being pinched by the economic impact of the coronavirus outbreak, while OPEC and allied producers appeared to be in no rush to curb output.
Business News
UniCredit may make announcement soon on CEO Mustier’s future: sources
Italy’s biggest bank UniCredit may make an announcement as early as Friday night on the future of boss Jean Pierre Mustier, two sources familiar with the matter said, after reports he is vying for the top job at rival HSBC .