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Trading Ideas

Notable Insider Buys In The Past Week: FedEx, Kinder Morgan, Trinity Industries

A board chair at an energy infrastructure giant resumed his buying habit. Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit from it. A Trinity Industries Inc (NYSE: TRN) director stepped up to the buy window this past week. …read more […]

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Business News

U.S. may not need to impose tariffs on autos this month: Bloomberg, citing Ross

U.S. Commerce Secretary Wilbur Ross said the United States may not need to impose tariffs on imported vehicles later this month after holding “good conversations” with automakers in the European Union, Japan and Korea, in an interview with Bloomberg published on Sunday.

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Trading Ideas

Aramco Budges on $2 Trillion and Dangles Gifts, Too

(Bloomberg Opinion) — The initial sales pitch for Saudi Aramco, the world’s largest initial public offering, was pretty clear when it was launched on Sunday: This company can pay chunkier dividends for longer, and more reliably, than any other big oil company. The hope is clearly that investors will therefore pay a premium for the shares that carry those dividend promises. Whether they do should depend on their attitude to Aramco’s singular strategic profile and emerging-market risks.Saudi Arabia has finally kicked off the long-anticipated share sale, reportedly having accepted that the market may not ascribe the $2 trillion valuation Crown …read more […]

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Business News

Wall Street’s leading stocks reveal investor caution

Wall Street stocks have climbed to record highs as worries over U.S.-China trade relations and the Federal Reserve’s monetary policy have receded, but cautious investors have been sticking with technology shares and some defensive stocks over value stocks and more speculative plays such as IPOs.

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