Trading Ideas
Year: 2020
Trading Ideas
Telefonica, Liberty Global Weigh Combining U.K. Units
(Bloomberg) — Telefonica SA and billionaire John Malone’s Liberty Global Plc are exploring a combination of their U.K. operations, people with knowledge of the matter said, in a deal that would reshape the British telecommunications industry.The companies are discussing bringing together Telefonica’s O2 wireless unit and Liberty Global’s Virgin Media business, according to the people, who asked not to be identified because the information is private. If they reach an agreement, a transaction could be announced as soon as next week, the people said.Liberty Global’s class A shares jumped as much as 14.2% in New York trading Friday, while Telefonica’s …read more […]
Business News
Fed officials worry about lasting economic scars from crisis
After rolling out trillions of dollars in support for the U.S. economy during the coronavirus pandemic, Federal Reserve officials have begun warning of potentially lasting scars to the workforce and productivity if the recovery is not handled well.
Trading Ideas
Oracle Women Score Major Win in Court Battle Over Equal Pay
(Bloomberg) — Three female employees at Oracle Corp. scored a major victory in court, gaining the right to represent thousands of others in a gender-discrimination lawsuit over pay, a legal milestone that has eluded women at other tech titans.A California state judge certified the class action Thursday, allowing the lawsuit to advance on behalf of more than 4,000 women who claim the database giant pays men more for doing the same job.“Whether the jobs at issue in this case are substantially equal or similar is a question of fact for a jury,” California Superior Court Judge V. Raymond Swope in …read more […]
Trading Ideas
United Parcel Service, Inc. Just Missed Earnings And Its EPS Looked Sad – But Analysts Have Updated Their Models
Last week, you might have seen that United Parcel Service, Inc. (NYSE:UPS) released its first-quarter result to the… …read more […]
Business News
Telefonica seeks to merge Britain’s O2 and Virgin Media – sources
Spain’s Telefonica SA is in talks with billionaire John Malone’s Liberty Global Plc to explore a merger of its British mobile operator O2 with cable network company Virgin Media, two sources familiar with the matter said.
Trading Ideas
Business News
U.S. airlines now requiring masks, promise more safety measures
With the largest U.S. airlines now set to mandate – and provide – facial coverings for all passengers over the next two weeks, many are turning their focus to other measures to prevent the spread of the new coronavirus during air travel.
Business News
U.S. stocks slide as renewed tariff threat compounds pandemic fears
Wall Street stocks dropped sharply on Friday as investor risk appetite was soured by the revived specter of tariffs against China, threatened anew by U.S. President Donald Trump in retaliation for the COVID-19 pandemic which has brought global economies to a grinding halt.
Trading Ideas
Wealthiest Americans raking in billions from coronavirus pandemic: report
According to a new report, America’s wealthiest have boosted their net worth by over $400 billion amid the coronavirus pandemic. …read more […]
Trading Ideas
United CFO says 'one thing is certain': We won't take Boeing's 737 Max unless we need them
United Airlines Holdings, Inc. (UAL) said it will hold off on taking deliveries unless the aircraft are needed and fully financed. …read more […]
Business News
Tesla tumbles after Musk tweets stock too high
Shares of Tesla Inc tumbled 9% on Friday after Chief Executive Officer Elon Musk tweeted that the electric carmaker’s high-flying stock was overly expensive.
Trading Ideas
Teladoc Health, Inc. (NYSE:TDOC) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates
It’s been a mediocre week for Teladoc Health, Inc. (NYSE:TDOC) shareholders, with the stock dropping 15% to US$165 in… …read more […]
Trading Ideas
Expect 'wide sloppy range' in months ahead: top market strategist
Expect a “wide sloppy range” for the markets as individual states restart their economies while still managing the COVID-19 pandemic, says one top strategist. …read more […]
Trading Ideas
Tesla shares sink after Musk tweets price is too high
Tesla stock drops after Elon Musk tweets about stock price. …read more […]