Trading Ideas
How Does Meritor's (NYSE:MTOR) P/E Compare To Its Industry, After Its Big Share Price Gain?
Meritor (NYSE:MTOR) shares have had a really impressive month, gaining 31%, after some slippage. And the full year… …read more […]
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Apple pledges $2.5 bln to fight California housing crisis
Apple Inc on Monday said it would commit $2.5 billion to easing a housing shortage that has driven up prices across California, with most of the money dedicated to funds that will be run either with or by the state government. One billion dollars will go to a jointly run fund with state officials aimed at jumpstarting delayed or stalled affordable housing projects. In an interview with Reuters, Apple Chief Executive Tim Cook said the company felt a “profound responsibility” to improve California’s housing crisis. …read more […]
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UPDATE 1-Turkey says delivery of second Russian S-400 batch may be delayed
Delivery of a second batch of Russian S-400 missile defence systems to Turkey may be delayed beyond a planned 2020 timeline by talks on technology sharing and joint production, the head of Turkey’s Defence Industry Directorate said on Monday. NATO allies Turkey and the United States have been at loggerheads over the purchase of the S-400 system, which Washington says is not compatible with NATO defences and poses a threat to its Lockheed Martin F-35 fighter jets. Despite Washington’s warnings and threats of U.S. sanctions, Turkey started taking delivery of the first S-400 batch in July. …read more […]
Business News
Takeaway.com switches Just Eat deal structure as Prosus circles
Takeaway.com has changed its line of attack in the battle to buy food delivery ordering service Just Eat , effectively lowering the threshold for approval of its offer to fend off rival suitor Prosus .
Business News
Santander in 350 million pound deal for stake in UK’s Ebury
Santander has taken a 350 million pound ($453 million) majority stake in UK-based Ebury as part of a digital strategy to boost growth through new ventures, the Spanish bank announced on Monday.
Business News
China says no ‘promise fatigue’ on opening its economy
There is no “promise fatigue” about China’s efforts to open its economy to foreign businesses, the government said on Monday on the eve of week-long import fair, after the European Union said China needed to make rapid and substantial improvements.
Business News
Oil ticks up slightly as tentative U.S.-China hopes lend support
Oil prices inched up slightly on Monday after rising expectations of a U.S.-China trade deal boosted benchmarks in the previous session.
Business News
Trade deal hopes boost stocks as recession fears recede
World shares touched a 21-month high on Monday on signs that the United States and China could soon put an end to a damaging trade war as well as indications that the world may yet dodge an economic recession.
Business News
Ryanair growth to stall on further Boeing jet delays
Ryanair expects further delay to its Boeing MAX 737 deliveries and may still be without the jets next summer, it said on Monday after half-year results that gave the Irish airline’s shares a 7% uplift.
Business News
ECB denies report it is pressing Deutsche Bank’s CEO to split role
The European Central Bank denied on Monday a report in the Financial Times that it is putting pressure on Deutsche Bank’s Christian Sewing to give up his dual role as chief executive and investment bank head.
Trading Ideas
Edited Transcript of CABK.MC earnings conference call or presentation 31-Oct-19 10:30am GMT
Q3 2019 Caixabank SA Earnings Call …read more […]
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Fires and Blackouts Increase Political Risk for California Governor Gavin Newsom
(Bloomberg) — With more than 2 million people without electricity last week amid mass blackouts by bankrupt PG&E Corp. and wildfires scorching the state, California’s Democratic Governor Gavin Newsom repeatedly said he “owns” the crisis and that it’s “on me” to make sure it doesn’t happen again.His allies and adversaries alike agree.Republicans and even some Democrats say Newsom needs to move quickly to resolve what has become an untenable problem for California, the world’s fifth-largest economy, or the political honeymoon that he’s enjoyed for 10 months may be upended by a climatological disaster.Recognizing the need for swift action, Newsom on …read more […]
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Turkey says delivery of second Russian S-400 batch may be delayed
The delivery of a second batch of Russian S-400 missile defence systems to Turkey may be delayed beyond a planned 2020 timeline over talks on technology sharing and joint production, the head of Turkey’s Defence Industry Directorate said on Monday. Turkey received the first batch of S-400 systems in July, despite opposition from the United States, a NATO ally, and threats of U.S. sanctions. Washington says it is still in talks with Ankara to “walk away” from the Russian systems. …read more […]
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Edited Transcript of WDC earnings conference call or presentation 30-Oct-19 8:30pm GMT
Q1 2020 Western Digital Corp Earnings Call …read more […]
Business News
Factbox: How TikTok, caught in U.S. regulatory crossfire, rose to global video stardom
Short video-sharing app TikTok has become the latest Chinese firm caught in U.S. regulatory crossfire, with Washington launching a national security review of its $1 billion acquisition of U.S. social media app Musical.ly.