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Trading Ideas

How “Mallmageddon” Revealed a Troubled Market

Shopping malls have been part of the American way of life for many decades now. But unfortunately, many seem to be withering on the vine these days.
I live in Lancaster County, Pennsylvania, and we seemed immune to this “Mallmageddon,” as it’s been termed, until about 18 months ago when one of the four anchor stores in our regional mall closed, followed by another about six months ago.
We’re lucky, though – replacements for those storefronts have already been announced. Meanwhile, 30 minutes away in York, Pennsylvania, half the stores are shuttered in the regional mall.
It has been announced that a mini-casino …read more […]

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Trading Ideas

Gearing Up for Another Stock Play With MoneyGram

You might want to borrow a pair of examination gloves the next time you visit your doctor…
Or bring a tub of hand sanitizer to use afterward.
Because the doctor’s office is one of the germiest places around. And you won’t believe which part of your visit packs the biggest punch for bacteria.
Gross, Grosser, Grossest
The average toilet seat has 172 colony-forming units (CFUs). That measures bacteria’s potential to live and reproduce more bacteria.
Pretty nasty, right?
Well, we’re just warming up.
The armrest in a waiting room chair packs a whopping 173,050 CFUs. That’s more than 1,000 times as gross as a toilet seat.
Then there’s …read more […]

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Trading Ideas

T-Mobile, Sprint near agreement on new merger terms – WSJ

Deutsche Telekom AG , T-Mobile’s parent, will own 43% of the combined company, up from just below 42% earlier, the report added. T- Mobile US did not immediately respond to a Reuters request for comment, while Sprint declined to comment. Last week, a federal judge approved the merger deal, rejecting a claim by a group of states that said the proposed transaction would violate antitrust laws and raise prices. …read more […]

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Business News

Morgan Stanley’s E*Trade deal to test Washington’s regulatory mood in election year

Morgan Stanley’s takeover of brokerage E*Trade Financial Corp reflects a more relaxed regulatory mood in Washington, but it is still a gamble in an election year that will see Democrats continue to shine a spotlight on Wall Street excesses, said analysts.

…read more […]

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Business News

Exclusive: Westinghouse set to sign pact with Indian firm for nuclear reactors during Trump visit

U.S. energy firm Westinghouse is expected to sign a new agreement with state-run Nuclear Power Corporation of India for the supply of six nuclear reactors during U.S. President Donald Trump’s visit next week, officials said, aiming to kickstart a long-running project.

…read more […]