Trading Ideas
Is Fortinet, Inc. (NASDAQ:FTNT) Overpaying Its CEO?
Ken Xie has been the CEO of Fortinet, Inc. (NASDAQ:FTNT) since 2000. This analysis aims first to contrast CEO… …read more […]
Articles by admin
Business News
Britain’s Asda blames Brexit uncertainty for lower sales
Asda, the British supermarket arm of U.S. retail giant Walmart , reported lower sales in its latest quarter, saying uncertainty surrounding Britain’s exit from the European Union had negatively affected spending patterns.
Trading Ideas
Kalanick Has Now Sold $711 Million of Uber Since Lockup Expired
(Bloomberg) — Travis Kalanick sold 6.1 million shares of Uber Technologies Inc. just days after disposing of a fifth of his stake, bringing the total offloaded to $711 million this month.The 43-year-old entrepreneur sold $164 million of his holdings in the ride-hailing company this week, according to a regulatory filing Wednesday. Last week he disposed of stock worth about $547 million.The sale underlines Kalanick’s focus on other investments, including CloudKitchens, which he funded with $300 million. A $400 million injection from Saudi Arabia’s Public Investment Fund valued the food startup at $5 billion, the Wall Street Journal reported last week.His …read more […]
Business News
Burberry aims to woo more customers in China with Tencent tie-up
British luxury brand Burberry on Thursday said it has joined forces with China’s Tencent for a new digital marketing and sales push to tap the nation’s increasingly social media savvy shoppers in a critical luxury market.
Trading Ideas
Republican states best at managing their money; Democratic ones the worst
According to a new report from CreditCards.com, red states are far better at managing their money than blue ones. …read more […]
Business News
Oil rises on U.S. crude stocks fall, OPEC comments on U.S. shale growth
Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from OPEC about lower-than-expected U.S. shale production in 2020 also provided some support.
Trading Ideas
Why We Like The Sherwin-Williams Company’s (NYSE:SHW) 13% Return On Capital Employed
Today we are going to look at The Sherwin-Williams Company (NYSE:SHW) to see whether it might be an attractive… …read more […]
Business News
Walmart raises earnings forecast, expects strong holiday sales
Walmart Inc reported better-than-expected third quarter U.S. comparable sales on Thursday as people spent more at its stores and website and the retailer picked up market share in food and other groceries.
Trading Ideas
How Investment Newsletters Can Make You Money
You don’t need the Wall Street hacks to get rich. But you don’t have to go it alone when it comes to investing either. There’s another alternative: investment newsletters.
After all, if you’re not skeptical of stock brokers and financial advisors, you should be.
Stock brokers and financial advisors make money by charging commissions for trades or by charging fees to manage your money. In addition, they can also charge commissions to push specific financial products that can reward their own wallets more than yours. That means that their interests do not necessarily align with the interests of their customers.
After all, the …read more […]
Business News
Futures slip as weak Chinese data sparks growth fears; Cisco falls
U.S. stock index futures slipped slightly on Thursday, a day after the S&P 500 and the Dow closed at record highs, as weak Chinese economic data and a dour forecast from Cisco rekindled fears of a global slowdown.
Trading Ideas
Big Boeing 737 News Lifts Aerospace ETFs
Shares of Boeing (BA) climbed nearly 4% in early afternoon trading, adding more than 94 points to the Dow Jones Industrial Average, after the aerospace company announced on Monday that it expects to resume deliveries of its grounded 737 Max planes as early as next month and that airlines could be able to restart commercial service in January. …read more […]
Business News
How SoftBank is putting its stamp on LatAm’s venture capital scene
SoftBank, whose $5 billion Latin America fund has showered regional startups with cash, is also courting local venture capital funds, an unusual move for the Japanese investor that has jolted the region’s tech scene.
Business News
Walmart’s third-quarter results beat estimates, shares rise
Walmart Inc reported better-than-expected third quarter U.S. comparable sales on Thursday as people spent more at its stores and website and the retailer picked up market share in food and other groceries.
Business News
Ford to use Mustang name for electric SUV
Ford Motor Co will use the Mustang name, previously reserved for a muscle car, for an electric sport utility vehicle (SUV) that customers in the United States, Canada and Europe can start ordering on Nov. 17, the company said on Thursday.
Business News
World stocks sink as China slowdown deepens, German economy weak
World stocks nudged down on Thursday as Chinese economic data slowed in October and Germany only narrowly avoided a recession in the third quarter, adding to worries about the global growth fallout from the U.S.-China trade war.