Trading Ideas
We're Keeping An Eye On Excellon Resources's (TSE:EXN) Cash Burn Rate
There’s no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com… …read more […]
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Trading Ideas
News on the Move: Epstein conspiracies, pipeline leak, Trumps leave NYC
Yahoo Finance’s Adam Shapiro’s covers the day’s top headlines. …read more […]
Trading Ideas
Were Hedge Funds Right About Dumping Sierra Wireless, Inc. (SWIR)?
We are still in an overall bull market and many stocks that smart money investors were piling into surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Hedge funds’ top 3 stock picks returned 34.4% this year and beat the S&P […] …read more […]
Business News
Fed’s Kaplan says he supported rate cut only if Fed signaled nothing further
Dallas Federal Reserve Bank President Robert Kaplan said on Friday he went along with the U.S. central bank’s rate cut this week contingent on the Fed signaling that no further decreases to borrowing costs were likely, barring a material change in the economic outlook.
Business News
S&P 500, Nasdaq hit record high on U.S. jobs report, China data
Wall Street’s main indexes advanced on Friday, as investors took comfort from data that showed U.S. jobs growth slowed less than expected in October and China’s factory activity expanded at its fastest pace in more than two years.
Business News
Exxon, Chevron earnings fall on lower oil and gas prices
Exxon Mobil Corp and Chevron Corp on Friday posted sharply lower quarterly results despite increases in oil and gas production as lower energy prices soured results for most oil majors.
Business News
Oil rises 2% on hopes for U.S.-China trade deal
Oil prices rose 2% on Friday on signs of progress in U.S.-China trade talks and stronger-than-expected economic data in both countries, including U.S. employment and Chinese manufacturing activity numbers.
Business News
Fosun Tourism to buy Thomas Cook, related hotel brands for $14.3 million
China’s Fosun Tourism Group said on Friday it would acquire the Thomas Cook and related hotel brands for 11 million pounds ($14.25 million), in a bid to expand its presence in the tourism business.
Business News
Three flight attendant unions voice alarm after 737 MAX hearings
Unions representing flight attendants at the three U.S. airlines that operate Boeing Co’s 737 MAX said they are more reluctant to support the grounded jet’s return after congressional hearings this week on its development.
Business News
China may impose $3.58 billion in annual trade sanctions on U.S.: WTO panel
A World Trade Organization (WTO) panel said on Friday that China could slap compensatory sanctions on U.S. imports worth $3.579 billion annually for the U.S. failure to remove anti-dumping duties, a figure that was roughly half what China had sought.
Trading Ideas
Is Parker-Hannifin Corporation’s (NYSE:PH) 14% ROCE Any Good?
Today we’ll evaluate Parker-Hannifin Corporation (NYSE:PH) to determine whether it could have potential as an… …read more […]
Business News
AIG’s profit misses estimates on life unit review, catastrophe losses
American International Group Inc missed analysts’ estimates for third-quarter profit on Friday due to weakness in the insurer’s life and retirement unit and a difficult period for catastrophe losses.
Business News
Shares, crude prices rise on U.S., China data
World equity markets surged and crude prices rose on Friday after a stronger-than-expected U.S. employment report, a surprise bounce in Chinese manufacturing and optimism over U.S.-China trade talks tamped down fears of slowing global growth.
Business News
Shell appoints new head of downstream business
Royal Dutch Shell has appointed Huibert Vigeveno to head its downstream business, the refining, trading and marketing operations that are to become a key pillar for the oil and gas company as it transitions to cleaner energy.
Trading Ideas
Should EnPro Industries, Inc. (NYSE:NPO) Be Part Of Your Dividend Portfolio?
Dividend paying stocks like EnPro Industries, Inc. (NYSE:NPO) tend to be popular with investors, and for good reason… …read more […]