Business News
Honda to join White House initiative to boost U.S. job training
Honda Motor Co will join on Tuesday a growing number of companies signing a White House pledge to boost U.S. job training opportunities.
Year: 2020
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Gurus Back Micron Amidst the Revival of the Semiconductor Industry
Industry-wide sales are expected to recover in the second half of this year, enabling chip-makers to grow Continue reading… …read more […]
Business News
Citibank to pay $18 million penalty for failing to insure flood-prone properties
A U.S. banking regulator fined Citibank N.A. $18 million for delays in purchasing mandatory flood insurance for properties where borrowers were located in flood-prone areas.
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How Dell transformed into an end-to-end enterprise player
Yahoo Finance’s Alexis Christoforous and Andy Serwer speak with Dell Technologies Chief Customer Officer Karen Quintos live at the World Economic Forum in Davos, Switzerland. …read more […]
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What to expect in Netflix's 4Q 2019 earnings results
Netflix is poised to report fourth-quarter results on Tuesday after market close, giving investors their first look at the company’s performance after the launch of new streaming services including Disney+ and Apple TV+. …read more […]
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The market has gotten a 'little bit ahead of itself': BofA’s Savita Subramanian
Yahoo Finance’s Editor in Chief Andy Serwer and Alexis Christoforous speak with Savita Subramanian, Bank of America Global Research Head of U.S. Equity & Quantitative Strategy Head of Global ESG Research, live at the World Economic Forum in Davos, Switzerland. …read more […]
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TG Therapeutics, Inc. (NASDAQ:TGTX) Insiders Increased Their Holdings
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also… …read more […]
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Mortgage Rates May Go Even Lower in 2020, Forecast Says
Buyers should rejoice — but also prepare for bidding wars. …read more […]
Business News
Wall Street opens lower on China virus outbreak, growth worries
U.S. stocks opened lower on Tuesday, as worries about the fallout from a deadly virus outbreak in China and a gloomy growth outlook from the IMF stalled a record rally on Wall Street.
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Trade situation is encouraging: KPMG CEO
Yahoo Finance’s Editor in Chief Andy Serwer and Alexis Christoforous speak with KPMG U.S. CEO Lynne Doughtie live at the World Economic Forum in Davos, Switzerland. …read more […]
Business News
KFC apologizes for ‘sexist’ Australian ad
KFC on Tuesday apologized for an advertisement in Australia that shows two boys ogling a woman’s breasts, after calls from a local campaign group to boycott the fast-food giant over the ad it called “sexist”.
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Tesla Created Demand for Electric Cars, But Only for Teslas
(Bloomberg) — Tesla Inc.’s stock is soaring, and traditional auto manufacturers are staging glitzy presentations of new plug-in models. You’d think the electric-vehicle age was finally dawning.But so far, Tesla is the only car company looking likely to benefit in the coming years. Look at every other corner of the U.S. auto industry — the world’s most valuable automaker, dealers, consumer surveys and market forecasts — and a more ominous picture emerges.A top American executive for Toyota Motor Corp., whose market value is still more than double Tesla’s even after Elon Musk’s epic run, recently warned of electric-car catastrophe. Auto …read more […]
Business News
Aramco IPO proceeds to fund Saudi industry, including defense: finance minister
Saudi Arabia will pump the proceeds from last month’s listing of oil giant Saudi Aramco into the local economy over several years, including building up the domestic defense industry amid tensions with Iran, its finance minister said on Tuesday.
Business News
Futures lower as China virus outbreak, growth worries sour mood
U.S. stock index futures followed Asian and European markets lower on Tuesday as worries about the fallout from a deadly virus outbreak in China and a gloomy growth outlook from the IMF looked set to stall a record rally on Wall Street.
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Tesla Shares May Reach $960 in Early 2021, Biggest Bull Says
(Bloomberg) — Tesla Inc.’s most bullish Wall Street analyst predicts the dizzying rally in the shares of the electric-car maker will accelerate this year and trade in the $640-to-$960 range in early 2021.New Street Research analyst Pierre Ferragu anticipates the company will sell 2 million to 3 million cars per year after 2025 at industry-leading margins, justifying a market capitalization of $230 billion to $350 billion, or about $1,100 to $1,700 per share.“The stock will remain volatile, as the spread between bull and bear cases remains wide,” said Ferragu, who boosted his price target to a Street high. “And God …read more […]