Trading Ideas
This 114-year-old industrial giant just launched one of the world's fastest supercomputers
Honeywell joins the quantum computing race. …read more […]
Year: 2020
Trading Ideas
Target earnings beat expectations, boosted by online sales
Target reported earnings that beat Wall Street estimates but sales fell short of expectations. …read more […]
Business News
Kuwait oil minister says optimistic on outcome of OPEC meetings
Kuwait’s oil minister said on Tuesday he is optimistic about the outcome of OPEC meetings this week and continued cooperation among OPEC+ countries, Kuwait state news agency KUNA reported.
Business News
Global markets: Here come the cavalry?
A recovery in world stock markets and oil prices picked up pace on Tuesday, as global policymakers signalled a united front to address the economic fallout from the spreading coronavirus.
Trading Ideas
Measuring COVID-19's economic impact will have to wait: Morning Brief
Top news and what to watch in the markets on Tuesday, March 3, 2020. …read more […]
Business News
High-fives, hugs, kisses discouraged as U.S. companies respond to growing coronavirus threat
As news broke of more cases of coronavirus spreading across the United States, T-Mobile had a novel response to the threat: fewer hugs, kisses or high-fives.
Trading Ideas
When to Sell Stocks? 8 Times It Makes Sense
Buying a stock can seem easy. You place your order and go. When to sell stocks? That can be hard. Different factors can be at play when you are trying to determine when to exit a position.
Human psychology is a funny thing. It often plays tricks on us. And it can make it harder for us to sell stock at the right time.
Often, the decisions we make are emotional rather than rational. Two of the emotions that tend to dominate investing are fear and greed. Greed can make it much harder for us to determine when to sell a stock.
That’s …read more […]
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Thermo to Buy Qiagen for $10 Billion in 2020’s Top Health Deal
(Bloomberg) — U.S. laboratory equipment maker Thermo Fisher Scientific Inc. agreed to buy Qiagen NV, a Dutch maker of tests for diseases including cancer and the new coronavirus, for about 9 billion euros ($10 billion) in the biggest health-care acquisition so far this year.Investors will get 39 euros in cash for every Qiagen share, Thermo Fisher said Tuesday. That’s 23% higher than Monday’s closing price. Qiagen also sells products for food and forensic testing. Bloomberg earlier reported the companies were nearing a deal after reviving discussions that broke off late last year.The purchase would rank as one of Thermo Fisher’s …read more […]
Business News
Bank of England’s Carney sees powerful global response to coronavirus
Bank of England Governor Mark Carney said policymakers around the world were working on a “powerful and timely” response to the economic hit from coronavirus which has raised fears of a new global recession.
Business News
OPEC ministers gather in Vienna as coronavirus hits demand
OPEC ministers are beginning to arrive to Vienna on Tuesday as the group debates whether to further reduce oil production to tackle deteriorating demand from the global spread of the new coronavirus.
Business News
Kremlin stays silent on Russia oil cut plans ahead of OPEC+ meeting
The Kremlin told reporters on Tuesday it would not say whether Moscow was ready to make additional oil output cuts as part of the cooperation between OPEC and non-OPEC countries and said it was necessary to wait for their meeting later this week.
Business News
European airlines warn of worsening impact of coronavirus
European airlines warned on Tuesday that the worst is yet to come in economic damage to the industry from the rapid spread of coronavirus Covid-19.
Business News
Daimler says production in China stable but too early to forecast coronavirus impact
Daimler’s car production in China is stable and the supply chains are secure but it is too early to forecast the impact of the coronavirus outbreak on the German carmaker’s sales, Mercedes-Benz’s sales chief said on Monday.
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Business News
BMW says coronavirus hit China sales but sticks to 2020 global target
BMW on Tuesday said its China sales have taken a hit this year because of the new coronavirus, but stuck to its target for growing passenger car sales for the year, and said its global supply chain has not been disrupted.