Articles by admin

Oil prices eased on Monday as traders remained cautious ahead of fresh European and U.S. economic data, despite hopes for some resolution to the U.S.-China trade row that has hurt global economic growth and crimped energy demand. Prices jumped more than 3% on Friday after the world’s two largest economies said they had made progress on trade talks while U.S. officials said the deal could be signed this month. Brent crude futures for January fell 26 cents to $55.94 a barrel by 0125 GMT while December U.S. crude futures was at $61.42 a barrel, down 27 …read more […]

Nov.03 — Yifan Hu, regional chief invetment officer and chief China economist at UBS Global Wealth Management, talks about Hong Kong’s economy and stocks. She speaks with Tom Mackenzie, Yvonne Man and David Ingles on “Bloomberg Markets: China Open.” …read more […]

Nov.03 — Bloomberg’s Jodi Schneider discusses predictive models that focus only on the economy (and not on scandals) that project that Trump would win the 2020 presidential election if the economy remained in a similar state. She says the projections are based on the fact that economic growth remains strong, that unemployment has remained low, and inflation has remained in check. She speaks with Shery Ahn and Haidi Stroud-Watts on “Bloomberg Daybreak: Asia.” …read more […]

Q3 2019 Dunkin’ Brands Group Inc Earnings Call …read more […]

(Bloomberg) — Under Armour Inc. disclosed that federal officials have been probing its accounting practices for more than two years, bringing a fresh headache to investors just as the sports brand prepares for a CEO transition.The company said on Sunday that it’s cooperating with investigations by the U.S. Securities and Exchange Commission and the U.S. Department of Justice and doesn’t think it’s done anything wrong. The remarks, spurred by a report in the Wall Street Journal, came the day before Under Armour is slated to post its third-quarter earnings.“The company began responding in July 2017 to requests for documents and …read more […]

When you buy shares in a company, it’s worth keeping in mind the possibility that it could fail, and you could lose… …read more […]

Asian shares rose to 14-week highs on Monday as growing optimism over U.S.-China trade talks and upbeat U.S. job data boosted global investors’ appetite for riskier assets. The United States and China both said on Friday that they had made progress in talks aimed at defusing their protracted 16-month-long trade war, and U.S. officials said a deal could be signed this month. “As much as the U.S.-China trade updates continue to point to a Phase 1 deal looking like a certainty, the contentious issues on whether the U.S. will cancel the planned December tariffs and remove some of …read more […]

Nov.03 — Vincent Deluard, global macro strategist at INTL FCStone Financial, talks about U.S. technology and international stocks. He speaks with Shery Ahn and Haidi Stroud-Watts on “Bloomberg Daybreak: Asia.” …read more […]

Under Armour Inc is under investigation by U.S. federal law enforcement officials over whether the sportswear maker shifted sales from quarter to quarter to appear financially healthier, the Wall Street Journal reported on Sunday. The Baltimore-based company confirmed that it is under investigation and is cooperating with the Justice Department and U.S. Securities and Exchange Commission. It also defended its accounting practices and disclosures. …read more […]

(Bloomberg) — Stocks edged higher in Asia and American equity futures advanced amid optimism China and the U.S. are moving closer to an interim trade deal. Australian bond yields climbed.Shares rose in Sydney and Seoul, though a capital raising at one of Australia’s largest banks capped the positive sentiment. Contracts on the S&P 500 edged up after the index rose 1% on Friday to a fresh all-time high when data showed the economy added more jobs than forecast. South Africa’s rand advanced after the country clung on to its investment-grade credit rating. Markets are shut in Tokyo, so Japanese equities …read more […]

(Bloomberg) — It’s the day so many ordinary Saudis have eagerly awaited.The sale of shares in their national oil giant, Aramco, has been three years in the making and fraught with delays. The buzz in Riyadh is now not if, but when people can own a piece of the most profitable company on the planet. Provided, of course, they have the money.“We knew it was a matter of time, so all the talk in the office was everybody save up, have some cash ready to go,” said Nosaibah Alrajhi, 30, who founded and runs a financial services company. “I have …read more […]