Trading Ideas
Berkshire Hathaway: Progress While Preparing for Opportunity
A look at Berkshire’s year to date financial results. Continue reading… …read more […]
Articles by admin
Trading Ideas
Most Uber stock is in red as lockup period ends
Dan Roberts, Heidi Chung and Kristin Myers discuss the end of Uber’s lockup period on YFi-AM. …read more […]
Trading Ideas
American Airlines CEO says expects 737 MAX approval in near future
American Airlines Group expects U.S. Federal Aviation Administration approval of Boeing Co’s grounded 737 MAX jets in the near future, Chief Executive Doug Parker said on Wednesday. When it does, we will be ready,” Parker said at the Baird Industrial Conference. …read more […]
Business News
American Airlines CEO says expects 737 MAX approval in near future
American Airlines Group expects U.S. Federal Aviation Administration approval of Boeing Co’s grounded 737 MAX jets in the near future, Chief Executive Doug Parker said on Wednesday.
Business News
China considers up to $10 billion investment in Aramco IPO: Bloomberg
China’s state-owned entities are in talks about investing $5 billion to $10 billion in Saudi oil giant Aramco’s planned initial public offering, Bloomberg reported on Wednesday, citing people familiar with the matter.
Trading Ideas
What is an IPO?
Some of the biggest, hottest brands and businesses are tapping into the public markets in 2019. But before a company can offer shares to investors on the open market, it needs to go public. To go public, it needs to put together an IPO. What is an IPO and what does IPO stand for? An Initial Public Offering (IPO) is the first step in allowing everyday investors to purchase shares of a newly public company.
The IPO process is much more involved than just picking a stock ticker and setting a share price. There’s an extensive process involved in getting …read more […]
Trading Ideas
Several dead in attack on Canadian miner Semafo's convoy in Burkina Faso
Canadian gold miner Semafo said on Wednesday that several people had been killed when a convoy transporting some of its workers was attacked on a road in eastern Burkina Faso. The attack took place on the road between Semafo’s Fada and Boungou mine sites, about 40 kilometres from Boungou, it said in a statement. The Boungou mine is secure and operations are not affected, Semafo said in the statement. …read more […]
Business News
Pharmacy benefits, Aetna power CVS third-quarter profit beat
CVS Health Corp reported better-than-expected third-quarter profit and revenue on Wednesday, boosted by its Aetna health insurance and pharmacy benefits businesses, and it raised its 2019 earnings forecast.
Business News
Wall Street rally loses steam after record run
U.S. stocks retreated from record highs on Wednesday, halting a rally that has been fueled by signs of progress in trade talks between Washington and Beijing and a largely upbeat corporate earnings season.
Business News
LSE investors to vote on Refinitiv deal on November 26
London Stock Exchange Group Plc said on Wednesday its shareholders would vote on Nov. 26 on whether to approve its $27 billion deal to buy data provider Refinitiv.
Business News
High-margin luxury fragrances power Coty’s profit beat; shares rise
Coty Inc reported quarterly profit above Wall Street expectations on Wednesday, helped by increased demand for its high-margin Hugo Boss, Burberry and Gucci fragrances, sending its shares up more than 17%.
Business News
Bank of America, Raymond James to pay $12 million for college fund overcharges
Bank of America Corp and Raymond James Financial Inc will pay roughly $12 million in restitution to customers who incurred excessive fees on investments meant to help their children afford college, a U.S. regulator said on Wednesday.
Business News
Fed’s Evans says he’s closely watching inflation
Chicago Fed President Charles Evans said on Wednesday he will be closely watching inflation in determining the future path of interest rates.
Business News
Fed’s Evans: U.S. economy in ‘good place,’ but watching inflation
The U.S. economy is in a good place but the path of inflation will be important in deciding the future path of interest rates, Chicago Federal Reserve President Charles Evans said on Wednesday.
Business News
Explainer: Central bank digital currencies – edging toward reality?
Central banks are looking at creating their own digital currencies – a stark contrast to the ethos of cryptocurrencies that seek to subvert mainstream authority over money.