Year: 2020

No Picture
Trading Ideas

US STOCKS-Futures tumble on fears of financial hit from China virus

January 27, 2020 admin Comments Off on US STOCKS-Futures tumble on fears of financial hit from China virus

U.S. stock index futures fell sharply on growing concerns about the financial fallout of a fast-spreading coronavirus outbreak in China as the country extended the Lunar New Year holidays and more big businesses shut down. Several cities in China had been locked down for contagion fears and new cases were reported from across the world. Wynn Resorts Ltd, Melco Resorts & Entertainment Ltd and Las Vegas Sands Corp, which have large operations in China, were down between 5% and 7%. …read more […]

No Picture
Business News

Fed’s first hurdle in 2020: Dispensing with ‘QE Lite’

January 27, 2020 admin Comments Off on Fed’s first hurdle in 2020: Dispensing with ‘QE Lite’

The Federal Reserve’s bond portfolio is swelling again at a pace not seen since the “quantitative easing” heyday in the early 2010s. Prices for stocks and other risky assets are also rising at a fast clip – a state of affairs that a growing chorus of investors, economists and former Fed officials say is no coincidence, and potentially a problem.

…read more […]

No Picture
Business News

The week in business in five graphics

January 27, 2020 admin Comments Off on The week in business in five graphics

Wuhan in central China is the size of London. But flights to and from the city are canceled, highways are shut and soldiers guard the railway station, as China tries to quarantine the center of a virus outbreak that has killed 81 people and infected thousands, spreading to more than 10 countries including the United States and Japan.

…read more […]

No Picture
Trading Ideas

Australia Confirms Fifth Coronavirus Case

January 27, 2020 admin Comments Off on Australia Confirms Fifth Coronavirus Case

Jan.27 — Australia confirmed a fifth case of coronavirus on Monday. “I’m advised that all five remain stable,” Brendan Murphy, Australia’s chief medical officer, said at a news conference. “There are a number of other Australians who have been tested and have been negative,” he said. …read more […]

No Picture
Trading Ideas

Tanger: 4Q Earnings Snapshot

January 27, 2020 admin Comments Off on Tanger: 4Q Earnings Snapshot

GREENSBORO, N.C. (AP) _ Tanger Factory Outlet Centers Inc. (SKT) on Monday reported a key measure of profitability in its fourth quarter. The real estate investment trust, based in Greensboro, North Carolina, said it had funds from operations of $57.5 million, or 59 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry. …read more […]