Trading Ideas
Year: 2020
Business News
Indigo Partners ties up with Oaktree for Virgin Australia bid: executive
Indigo Partners is teaming up with Oaktree Capital Management in its offer for Virgin Australia Holdings Ltd and will consider adding an Australian partner as the bidding process progresses, Indigo managing partner Bill Franke said.
Business News
Johnson & Johnson to stop selling talc-based baby powder in U.S. and Canada
Johnson & Johnson on Tuesday announced that it would stop selling its talc-based Johnson’s Baby Powder in the United States and Canada, making the decision after a consumer products “portfolio reassessment related to COVID-19.”
Business News
Urban Outfitters predicts 60% fall in same-store sales on slow recovery
Apparel retailer Urban Outfitters Inc on Tuesday projected a 60% decline in same-store sales in the second quarter due to tepid demand recovery from the COVID-19 pandemic disruptions, sending its shares down 6% in extended trading.
Trading Ideas
Johnson & Johnson to stop selling baby powder in US
The healthcare giant faces thousands of lawsuits from consumers claiming talc caused their cancer. …read more […]
Trading Ideas
Here’s Another Stock Wall Street Has Wrong
The last time I profiled a company that I felt Wall Street got wrong, some War Room members used that information to immediately make profits of 65%!
“Just sold SHAK for 65%. Thanks Bryan.” – Marcel M., May 13 at 11:49 a.m.
So today, I’m doing it again…
One leading expert just said, “I have no idea how it’s going to survive.”
And yet, this stock currently trades with a forward price-to-earnings ratio of 128.
Everything is revealed for you below… Check it out now!
For full instructions on how to play picks like this, join me in The War Room!
The post Here’s Another Stock Wall …read more […]
Business News
Mining companies rush to shield indigenous communities from coronavirus
Big mining companies that rely on indigenous workforces or operate near remote communities have acted fast to curb the spread of the coronavirus and avoid a public health crisis that could damage their reputations.
Business News
U.S. crude strengthens as certain stimulus measures to continue
U.S. crude ended slightly higher on Tuesday, as U.S. Treasury Secretary Steven Mnuchin said he supported extending certain measures intended to bolster the economy, while Brent ended lower on concerns that output cuts might not be sufficient.
Trading Ideas
Where to Find Value Today
Last week, two of the most influential investors of this generation rattled the market with their pessimistic views of its outlook today.
Their opinions were not what most investors were hoping to hear…
Both gentlemen said that they were about as bearish on stocks as they have ever been.
Considering how respected these investors are, their dark view of the stock market got a lot of attention.
But the mainstream media missed some important details…
These Men Are Worth Listening To
Stan Druckenmiller and David Tepper are the two investors whose words rocked the market last week.
Druckenmiller is an absolute legend.
Over a 30-year period, his hedge …read more […]
Business News
MGM, Caesars and Boyd will participate in employee COVID-19 testing plan
The Las Vegas gaming industry will offer COVID-19 tests to employees before they return to work, the Culinary Union announced Tuesday, moving the hard-hit sector a step closer to reopening.
Trading Ideas
FOMC minutes, plus Lowe's and Target report earnings: What to know in markets Wednesday
Investors will be paying close attention to quarterly results from home improvement chain Lowe’s and Target and the Federal Open Market Committee’s (FOMC) meeting minutes in a busy Wednesday. …read more […]
Trading Ideas
Stock market news live updates: Stock futures fall, extending declines
Stock futures opened lower Tuesday evening, adding to earlier losses that sent each of the Dow and S&P 500 off more than 1% by the closing bell. …read more […]
Trading Ideas
Stocks in Asia to Slip After Vaccine Study Doubts: Markets Wrap
(Bloomberg) — Stocks in Asia looked poised to track their U.S. peers lower after reports circulated that Moderna Inc.’s vaccine study, which was credited in part for Monday’s rally, didn’t produce enough critical data to assess its success. Treasuries gained.Futures dropped in Japan, Hong Kong and Australia. Contracts on the S&P 500 dipped after the U.S. gauge lost ground in the final hour of trading to end about 1% lower. Riskier assets had started the week on the front foot after the Moderna news fueled hopes for a coronavirus vaccine, but investors are struggling to maintain the optimism as they …read more […]
Business News
Business group cautions U.S. on ‘reshoring’ too much China supply
The U.S. Chamber of Commerce on Tuesday warned the U.S. government against overdoing a major effort underway to rip U.S. supply chains out of China in the wake of the coronavirus pandemic, saying such moves could harm the economy.
Business News
Johnson & Johnson to stop selling talc-based baby powder in U.S., Canada
Johnson & Johnson on Tuesday announced that it would stop selling its talc-based Johnson’s Baby Powder in the United States and Canada, saying it was part of a broad reassessment of its consumer product portfolio prompted by the coronavirus pandemic.