German automaker Daimler AG said on Saturday it will recall 744,000 Mercedes-Benz vehicles in the United States from the 2001 through 2011 model years because the sunroof glass panel could detach and pose a hazard.
(Bloomberg) — Former Federal Reserve Chairman Ben Bernanke delivered what he called “a relatively upbeat” assessment of the U.S. central bank’s ability to fight the next recession.While the Fed has limited room to cut short-term interest rates because they’re already so low, Bernanke argued that quantitative easing and forward guidance could provide enough extra punch to combat a future economic contraction.“The new policy tools are effective,” Bernanke said in a blog post summarizing his address to the American Economic Association’s annual meeting on Saturday. “Quantitative easing and forward guidance can provide the equivalent of about 3 additional percentage points of …read more […]
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the… …read more […]
(Bloomberg Opinion) — The much-anticipated arrival of virtual banking in Singapore is unlikely to be an “aha” moment for consumer finance, but corporate banking will be different. One should expect disruption.The application period for Singapore’s first internet-only lenders ended last week with five known hopefuls, so far, for as many licenses on offer. The move mirrors the grant of eight licenses in rival financial center Hong Kong. The idea is to introduce fancy fintech tools — big data, machine learning and artificial intelligence — into local banking systems to make them more competitive. The Singapore winners will be known by …read more […]
Oil markets are looking at what could be a very volatile year, fueled by unrest in the Middle East, competition form EVs and renewable energy a lingering trade war and U.S. presidential elections …read more […]
(Bloomberg) — President Donald Trump said late Saturday the U.S. has identified 52 Iranian sites that it would hit if Tehran retaliates against the killing of Iranian General Qassem Soleimani, a day after saying the U.S. hadn’t made the move to “start a war.” Trump’s comment came after the U.S. and Iran traded threats following the deadly drone strike against the Islamic Republic’s most prominent military man, with Tehran promising a protracted response.The comment seemed to reverse the efforts of Secretary of State Michael Pompeo, who in the past two days has repeatedly reaffirmed that the U.S. remains committed to …read more […]
(Bloomberg) — Elon Musk’s decision to assemble Tesla Inc. cars in China required years of planning and billions of dollars in spending. Now comes the challenging part.The electric Model 3 sedans rolling off the assembly line at Tesla’s Shanghai plant — its first outside the U.S. — face a market where total vehicle sales are expected to fall for a third straight year. After capturing about 5% of China’s car sales, electric vehicles have been losing steam as the economy cooled and the government scaled back subsidies for buyers.That could spell trouble for a launch that investors are watching closely …read more […]
When you buy shares in a company, there is always a risk that the price drops to zero. But when you pick a company… …read more […]
Amazon.com is considering opening stores in Germany, its second biggest market after the United States, the ecommerce company’s head in the country was quoted as saying on Saturday.
As a tariff dispute between Belarus and Russia reached a critical level, Moscow has halted all oil supplies to Minsk …read more […]
GM and FCA reported fourth-quarter and year-end sales and, for the first time, the Ram pickup has outsold the Chevrolet Silverado. …read more […]
(Bloomberg) — Apple Inc., the largest U.S. company by market value, has gotten little respect from equity investors. Until now.For the first time since 2011, shares of the iPhone maker have traded at a higher price-earnings ratio than the S&P 500 for months amid a year that saw the stock’s valuation almost double. It’s a reversal from the previous nine years, when concerns over a lack of product innovation kept the stock at a persistent discount to the market.Credit the shift in sentiment to Apple’s focus on tapping an ecosystem of nearly 1.5 billion users to generate a steady stream …read more […]
Advanced Micro Devices, Inc. (NASDAQ: AMD ) shares, which had a stellar two-year run , are poised to experience some momentum next week, as the chip maker is set to present at the Consumer Technology Association’s … …read more […]
We’ve lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly… …read more […]
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios… …read more […]
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