Trading Ideas
Did Infinera's (NASDAQ:INFN) Share Price Deserve to Gain 75%?
These days it’s easy to simply buy an index fund, and your returns should (roughly) match the market. But one can do… …read more […]
Year: 2020
Trading Ideas
NIH Director weighs in on coronavirus
NIH Director Francis Collins weighs in on coronavirus. …read more […]
Business News
Fiat Chrysler’s profit rises ahead of Peugeot merger
Fiat Chrysler posted a 7% rise in fourth-quarter profit on Thursday, boosted by strong business in North America and better results in Latin America as it heads into a merger with France’s PSA .
Trading Ideas
3 Tech Stocks With 100% Wall Street Support
Investors want growth. Specifically, they want growth-oriented stocks that will increase returns in their portfolios. But finding those is the trick, isn’t it? We can’t just look into a crystal ball and see the winner – we have to look into the data, and find out which stocks it’s pointing out.Some stocks fall into a special category – Wall Street’s analysts are in unanimous agreement about them. And when that unanimous agreement falls on the Buy side, investors know that this particular name is something special.How special? We’ve delved into the TipRanks database to find out. Using the Stock Screener …read more […]
Business News
Twitter notches first $1 billion quarterly revenue, beating estimates
Twitter Inc pulled in $1 billion in quarterly revenue for the first time, beating expectations as efforts to make its platform more user-friendly brought in more people.
Business News
Futures climb on China plan to cut tariffs on U.S. products
U.S. stock index futures rose on Thursday as China’s plan to halve additional tariffs on some American goods helped allay fears over the financial fallout of the coronavirus epidemic.
Trading Ideas
ICE profit drops 27% on weak growth in transaction and clearing unit
Total revenue, excluding transaction-based expenses, fell nearly 1% to $1.30 billion, in line with analysts’ expectations, as weak transaction and clearing business offset a rise in revenue at its data services unit. NYSE-owner ICE has been focusing more on more stable business like data services, moving away from market-dependent services, in a bid to minimize the impact of volatility swings. Revenue from the transaction and clearing unit fell 3.2% to $626 million in the quarter. …read more […]
Business News
China tariff cut buoys stocks as investors look beyond virus
Stock markets across the world rose on Thursday, buoyed by record highs on Wall Street and a move by China to halve tariffs on some U.S. goods that emboldened bets that the global economy would avoid long-term damage from the coronavirus.
Business News
Exxon and Papua New Guinea should return to LNG negotiating table, says Total CEO
Exxon Mobil Corp and the Papua New Guinea government must return to the negotiating table so that a $13 billion expansion of gas production can proceed, the head of French oil major Total , a partner in the plan, said on Thursday.
Trading Ideas
Stock market news live: Stock futures jump after China announces plans to cut tariffs on $75 billion in US goods
Headlines moving the stock market in real time. …read more […]
Business News
Deutsche Bank shares soar after new shareholder steps in
Deutsche Bank on Thursday revealed that Los Angeles-based Capital Group has taken a 3.1% stake, boosting shares in Germany’s largest bank which has been hit by losses and misconduct scandals.
Business News
Equinor broadens scope of carbon targets to match rivals
Equinor joined other major European oil and gas companies on Thursday by including emissions from the fuel it sells to customers in its carbon reduction targets as investors step up the pressure on fossil fuel producers.
Trading Ideas
Fiat Chrysler's profit rises ahead of Peugeot merger
Fiat Chrysler posted a 7% rise in fourth-quarter profit on Thursday, boosted by strong business in North America and better results in Latin America as it heads into a merger with France’s PSA . The Italian-American carmaker said adjusted earnings before interest and tax (EBIT) rose to 2.12 billion euros ($2.3 billion), in line with a 2.11 billion forecast in Reuters poll of analysts. A trader said Fiat Chrysler (FCA) results were “a touch above” expectations and the carmaker’s shares in Milan were up 3.4% at 1300 GMT following the results. …read more […]
Trading Ideas
OPEC Considers Oil Output Cut; Tesla Shuts Stores: Virus Update
(Bloomberg) — Beijing voiced anger as countries placed more restrictions on travelers from China to contain the coronavirus outbreak that has now claimed 565 lives. Technical experts from the OPEC+ group of oil producers recommended cutting output to offset the demand impact from the outbreak.China’s top LNG buyer declared force majeure on contracts and Tesla temporarily closed its stores in the nation. Equities rose on China’s plans to cut tariffs on U.S. imports and optimism the global economy can withstand the impact of the virus.Bloomberg is tracking the outbreak on the terminal and online.Key DevelopmentsChina death toll at 563; mainland …read more […]
Business News
Swiss investor adviser Ethos calls for Credit Suisse overhaul after spying
Prominent Swiss investment adviser Ethos Foundation has called on Credit Suisse Chairman Urs Rohner to step down in a boardroom battle with Chief Executive Tidjane Thiam sparked by a scandal over the Swiss bank’s spying on executives.