Trading Ideas
Introducing Baker Hughes (NYSE:BKR), The Stock That Slid 68% In The Last Three Years
Investing in stocks inevitably means buying into some companies that perform poorly. But the long term shareholders of… …read more […]
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Business News
Amazon Air provider hit with ‘no confidence’ vote as holiday shipping ramps up
ABX Air pilots who fly for Amazon.com Inc and other clients cast a near-unanimous vote of “no confidence” against company management as the holiday shipping season, which depends on airplanes for fast delivery, takes off.
Business News
Elon Musk due back on witness stand in defamation trial stemming from tweets
Tesla Chief Executive Elon Musk was due to resume testifying in his own defense on Wednesday at the trial for a defamation lawsuit filed by a British diver whom the Silicon Valley billionaire called “pedo guy” on Twitter.
Trading Ideas
Amazon Air provider hit with 'no confidence' vote as holiday shipping ramps up
ABX pilots fly roughly a half-dozen planes for Amazon Air, which contracts planes and services from ABX parent Air Transport Services Group. The vote is symbolic since pilots cannot strike without permission from the National Mediation Board, but it adds uncertainty as Amazon accelerates package delivery speeds in a shortened holiday season that is expected to set a new record for online sales. “It’s difficult to ignore that the model on which Amazon bases its business – quick delivery – is critically dependent on these carriers functioning,” said Dan Akins of Flightpath Economics. …read more […]
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Kontoor Brands, Inc. (NYSE:KTB)'s Could Be A Buy For Its Upcoming Dividend
It looks like Kontoor Brands, Inc. (NYSE:KTB) is about to go ex-dividend in the next 4 days. If you purchase the stock… …read more […]
Business News
Tesla Model X gets 5-star rating from European safety agency
Tesla Inc said on Wednesday its Model X SUV has been awarded a five-star rating by the European New Car Assessment Programme (NCAP) in tests that are standards for Europe.
Trading Ideas
We Think Iovance Biotherapeutics (NASDAQ:IOVA) Can Afford To Drive Business Growth
We can readily understand why investors are attracted to unprofitable companies. By way of example, Iovance… …read more […]
Business News
Orange CEO says EU authorities are open to pan-European telecoms mergers
The European Union’s top antitrust policymaker, Margrethe Vestager, is open to the idea of pan-European mergers in the telecoms market, Orange’s boss Stéphane Richard said on Wednesday.
Trading Ideas
Pullback is a Chance to Step Up to Foot Locker
Despite turning in a solid quarter, shares of Foot Locker (FL) plummeted almost 12% after the specialty retailer gave a bit more conservative outlook than expected, observes Jason Clark, value expert and contributing editor to The Prudent Speculator. …read more […]
Business News
Oil rises 1% before OPEC meeting to discuss output pact
Oil gained on Wednesday ahead of meetings this week where OPEC and its allies are expected to extend production curbs to support the market, while industry data showing that U.S. crude stockpiles fell more than expected helped to lift prices.
Business News
OPEC gearing up for deeper oil cuts, Russia yet to agree
OPEC is gearing up to deepen production cuts later this week but still needs to agree with allies such as Russia over details of a deal to support oil prices and head off a looming oil glut next year.
Trading Ideas
Imagine Owning Cleveland-Cliffs (NYSE:CLF) And Wondering If The 28% Share Price Slide Is Justified
For many investors, the main point of stock picking is to generate higher returns than the overall market. But if you… …read more […]
Business News
South Africa’s Grand Parade loses appetite for Burger King
Grand Parade Investments (GPI) Ltd , which holds the Burger King franchise in South Africa, said on Wednesday it was in talks to sell a stake in the business, without giving a reason.
Trading Ideas
U.S., China Move Closer to Trade Deal Despite Heated Rhetoric
(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. The U.S. and China are moving closer to agreeing on the amount of tariffs that would be rolled back in a phase-one trade deal despite tensions over Hong Kong and Xinjiang, people familiar with the talks said.The people, who asked not to be identified, said that U.S. President Donald Trump’s comments Tuesday downplaying the urgency of a deal shouldn’t be understood to mean the talks were stalling, as he was speaking off the cuff. Recent U.S. legislation seeking to sanction …read more […]
Business News
Factbox: Alphabet’s ‘Other bets’ in focus as Google’s Pichai takes helm
Google Chief Executive Officer Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc, heralding a new chapter for the company that helped reshape the global tech industry under its co-founders Page and Sergey Brin.