Newsmakers

NexTech (OTC: NEXCF) Expands AR Deal With Walther Arms Inc., Manufacturer of James Bond’s PPK

NEW YORK and TORONTO, Dec. 05, 2019 — NexTech AR Solutions (NexTech) (otcqb:NEXCF) (NTAR)(N29), the leader in augmented reality for e-commerce and AR learning applications, has expanded its relationship with Walther Arms, most famous as the manufacturer […]

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Gold gains amid mixed U.S.-China trade signals

Spot gold was up 0.2% at $1,477.69 per ounce, as of 0605 GMT on Thursday, and U.S. gold futures were up 0.2% at $1,483.00 per ounce. “Trump mentioned he is happy to wait a year for the China deal to happen and we are not sure whether the first agreement has been inked yet and that’s what everybody is looking for,” said Brian Lan of Singapore dealer GoldSilver Central. …read more […]

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UPDATE 1-Ex-JPMorgan banker began Australia regulator contact two years before Citi, Deutsche cartel charges

JPMorgan Chase & Co began internal discussions that would lead to immunity from prosecution over a troubled Australian capital raising two years before two rivals were charged with criminal cartel behaviour, a court heard on Thursday. A former JPMorgan banker gave the timeline as the first witness to testify in a legal battle that is being closely watched by investment bankers around the world because it may change the way they are permitted to conduct capital raising. JPMorgan, Citigroup Inc and Deutsche Bank AG worked on a A$2.5 billion ($1.70 billion) stock issue for Australia and New Zealand …read more […]

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Tesla Competitor NIO Launches Another SUV in China

(Bloomberg) — Cash-strapped electric-car upstart NIO Inc. is introducing its third sport utility vehicle, a streamlined model aimed at spurring demand in China’s slowing EV market.NIO didn’t disclose the price for the electric SUV coupe, which comes with a panoramic-view window and is set to compete against vehicles such as the Mercedes-Benz GLC Coupe and Tesla Inc.’s Model Y. NIO’s existing models are the ES8 and ES6 SUVs, and the EP9 performance car.“Coupes fall in a niche market in China and it’s really hard to position this kind of product,” said Yale Zhang, managing director of Shanghai-based consultancy AutoForesight. “But …read more […]

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Hedge Funds Have Never Been This Bullish On Shopify Inc (SHOP)

While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the third quarter and hedging or reducing many of […] …read more […]

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Hedge Funds Have Never Been This Bullish On Spectrum Brands Holdings, Inc. (SPB)

How do we determine whether Spectrum Brands Holdings, Inc. (NYSE:SPB) makes for a good investment at the moment? We analyze the sentiment of a select group of the very best investors in the world, who spend immense amounts of time and resources studying companies. They may not always be right (no one is), but data […] …read more […]