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Trading Ideas

We Think Melco Resorts & Entertainment (NASDAQ:MLCO) Is Taking Some Risk With Its Debt

October 31, 2019 admin Comments Off on We Think Melco Resorts & Entertainment (NASDAQ:MLCO) Is Taking Some Risk With Its Debt

The external fund manager backed by Berkshire Hathaway’s Charlie Munger, Li Lu, makes no bones about it when he says… …read more […]

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Trading Ideas

Why Mastercard Incorporated's (NYSE:MA) High P/E Ratio Isn't Necessarily A Bad Thing

October 31, 2019 admin Comments Off on Why Mastercard Incorporated's (NYSE:MA) High P/E Ratio Isn't Necessarily A Bad Thing

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We’ll look at Mastercard… …read more […]

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Business News

Wall Street set to open lower on trade concerns

October 31, 2019 admin Comments Off on Wall Street set to open lower on trade concerns

Wall Street was set to open lower on Thursday as uncertainty around a potential trade deal between the United States and China overshadowed strong earnings reports from Apple and Facebook.

…read more […]

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Business News

Stronger together: Fiat Chrysler and Peugeot plan world’s No.4 carmaker

October 31, 2019 admin Comments Off on Stronger together: Fiat Chrysler and Peugeot plan world’s No.4 carmaker

Fiat Chrysler and Peugeot owner PSA plan to join forces in a 50-50 share merger to create the world’s fourth-largest automaker, seeking scale to cope with costly new technologies and slowing global demand.

…read more […]

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Business News

Altria takes $4.5 billion charge as Juul investment sours amid vaping backlash

October 31, 2019 admin Comments Off on Altria takes $4.5 billion charge as Juul investment sours amid vaping backlash

Altria Inc took a $4.5 billion hit from its investment in electronic-cigarette maker Juul Labs Inc on Thursday as it faced up to the financial fallout of a regulatory crackdown on the vaping industry this year.

…read more […]

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Business News

Ukraine decries Nord Stream 2 approval, says it weakens Europe

October 31, 2019 admin Comments Off on Ukraine decries Nord Stream 2 approval, says it weakens Europe

Denmark’s decision to approve the Nord Stream 2 gas pipeline, designed by Moscow to bypass Ukraine, strengthens Russia and weakens Europe, Ukrainian President Volodymyr Zelenskiy said on Thursday.

…read more […]

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Trading Ideas

Edited Transcript of SO earnings conference call or presentation 30-Oct-19 12:00pm GMT

October 31, 2019 admin Comments Off on Edited Transcript of SO earnings conference call or presentation 30-Oct-19 12:00pm GMT

Q3 2019 Southern Co Earnings Call …read more […]

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Trading Ideas

Edited Transcript of MCK earnings conference call or presentation 30-Oct-19 12:00pm GMT

October 31, 2019 admin Comments Off on Edited Transcript of MCK earnings conference call or presentation 30-Oct-19 12:00pm GMT

Q2 2020 McKesson Corp Earnings Call …read more […]

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Trading Ideas

Apple is in the midst of a bullish 'perfect storm': Piper Jaffray

October 31, 2019 admin Comments Off on Apple is in the midst of a bullish 'perfect storm': Piper Jaffray

Apple’s stronger-than-expected fourth quarter is setting the tech giant up for “a perfect storm” despite softer sales of its flagship device, research firm Piper Jaffray said on Thursday. …read more […]

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Business News

Lazard axes 200 jobs after business review

October 31, 2019 admin Comments Off on Lazard axes 200 jobs after business review

Investment bank Lazard has axed about 200 employees after a review of its business, Chief Financial Officer Evan Russo said on Thursday.

…read more […]

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Trading Ideas

Have Insiders Been Selling Dynatrace, Inc. (NYSE:DT) Shares?

October 31, 2019 admin Comments Off on Have Insiders Been Selling Dynatrace, Inc. (NYSE:DT) Shares?

We’ve lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On… …read more […]

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Business News

World stocks touch 20-month high, bond yields drop after Fed cuts

October 31, 2019 admin Comments Off on World stocks touch 20-month high, bond yields drop after Fed cuts

World stocks edged to their highest in over 20 months on Thursday after the Federal Reserve cut rates even as it signaled it would hold back from further reductions, sending bond yields and the dollar down.

…read more […]

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Business News

Cigna raises 2019 forecast as Express Scripts buyout powers profit beat

October 31, 2019 admin Comments Off on Cigna raises 2019 forecast as Express Scripts buyout powers profit beat

Cigna Corp raised its full-year earnings target on Thursday, after reporting a better-than-expected quarterly profit boosted by its acquisition of pharmacy benefits manager Express Scripts last year.

…read more […]

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Business News

Encana plans to move base to U.S. amid pipeline crunch in Canada

October 31, 2019 admin Comments Off on Encana plans to move base to U.S. amid pipeline crunch in Canada

Encana Corp will shift base to the United States and become Ovintiv Inc, the Canadian oil and gas producer said on Thursday, as Canada faces pipeline capacity shortages that have led many companies to move from the country’s energy sector.

…read more […]

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Business News

Britain welcomes Spirit AeroSystems’ purchase of Bombardier’s Belfast site

October 31, 2019 admin Comments Off on Britain welcomes Spirit AeroSystems’ purchase of Bombardier’s Belfast site

British business minister Nadhim Zahawi on Thursday welcomed Spirit AeroSystems’ purchase of Bombardier’s plant in Belfast as great news for workers and a welcome investment in the United Kingdom.

…read more […]

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