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S&P, Nasdaq set for higher open as worries over U.S.-Iran escalation ease
The S&P 500 and the Nasdaq were set for modest gains at the open on Wednesday as investors drew comfort from Iranian signals that overnight missile strikes “concluded” its retaliation to the killing of Qassem Soleimani.
Trading Ideas
Ciena Corporation (CIEN) vs. Hedge Fund Favorites in 2019
We are still in an overall bull market and many stocks that smart money investors were piling into surged in 2019. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 57% each. Hedge funds’ top 3 stock picks returned 45.7% last year and beat the S&P 500 ETFs by […] …read more […]
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Genworth Financial Inc (GNW) vs. Hedge Fund Favorites in 2019
It has been a fantastic year for equity investors as Donald Trump pressured Federal Reserve to reduce interest rates and finalized the first leg of a trade deal with China. If you were a passive index fund investor, you had seen gains of 31% in your equity portfolio in 2019. However, if you were an […] …read more […]
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Carlos Ghosn: 'I did not escape justice. I fled injustice.'
Ghosn described his “nightmare” imprisonment and why he left Japan. …read more […]
Business News
Walgreens profit misses estimates on pharmacy weakness, shares fall 6%
Walgreens Boots Alliance Inc’s quarterly profit missed Wall Street expectations on Wednesday, hurt by lower payments from insurers on drugs sold at its U.S. pharmacies, exacerbating investor fears around its growth.
Business News
Highlights: Former Nissan boss Ghosn points the finger at news conference
Fugitive former Nissan chief Carlos Ghosn said that he was brought down by a plot cooked up at the company, many of whose executives he named at a news conference in Beirut on Wednesday.
Business News
Grocers roll out plant-based burgers – at prices below Beyond Meat
Cashing in on rising demand for imitation meat, major retailers including Kroger and Walmart recently began to carry Beyond Meat’s plant-based burgers and sausages.
Trading Ideas
Invest in Mobile Homes in 2020: Is it Smart?
You may not have thought to invest in mobile homes before, but it could be a profitable investment in 2020. While the savviest real estate gurus are jumping on single-family homes, you can get a step ahead with lower cost, high demand units.
Since the crash a decade ago, the real estate market has become very tough. At first, the crash gave investors the opportunity to buy up properties at great prices. However, times change and real estate market is no different. Lots of money could be made off the back of the real estate crash, but now you have to …read more […]
Business News
Fugitive ex-Nissan boss Ghosn says treated ruthlessly by Japan
Former Nissan chief Carlos Ghosn said on Wednesday he had been treated brutally and ruthlessly by Japanese prosecutors, who threatened to take action against his family if he didn’t confess to their accusations.
Business News
Former Nissan chief Ghosn says he was brutally taken from his family
Former Nissan head Carlos Ghosn on Wednesday said he was brutally taken from his family and friends by Japanese prosecutors.
Business News
Macy’s eases holiday season sales worries, shares rise 6%
Macy’s Inc reported just a 0.6% drop in holiday period same-store sales on Wednesday, quelling fears of a more dramatic fall in the department store operator’s numbers for the crucial annual shopping season after an earlier profit warning.
Business News
Highlights: Fugitive former Nissan boss Ghosn holds news conference
Fugitive former Nissan chief Carlos Ghosn spoke to the media in Beirut on Wednesday after fleeing to Beirut last month from Tokyo, where he had been awaiting trial on charges of financial misconduct.
Business News
Oil prices fall as alarm over Iran rocket strike fades
Oil futures fell on Wednesday from peaks hit in frenzied early trading after a rocket attack by Iran on American forces in Iraq raised the spectre of a spiralling Middle East conflict and disruption to crude flows.