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Trading Ideas

Why Pot Stock Giant Canopy Growth Will Continue to Struggle

Like the majority of cannabis stocks, Canopy Growth (CGC) has taken a big hit in 2019, as sentiment in the industry continues to weaken, and being based in Canada, has the additional headwind associated with the slow rollout of retail outlets.Add to that its heavy exposure to Canadian recreational pot, the lack of a permanent CEO, and less than robust growth prospects at this time, and it’s clear that Canopy, once considered the standard of the cannabis sector, will struggle to break out of its downward spiral, and at least in the short term, is unlikely to have any meaningful …read more […]

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Trading Ideas

Most 2020 candidates don't have a plan to make Social Security 'sustainably solvent' and people are noticing

The leading 2020 candidates have a variety of plans to shore up Social Security that (thanks to a variety of new benefits and no new taxes on the middle class) fall short of the elusive goal of complete solvency. …read more […]

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Trading Ideas

Bank Of America’s Dividend History and Safety

Some of the world’s best investors stick to dividend portfolios. They know that a steady stream of income is a top wealth building strategy. And finding the best deals is vital. So today, we’re going to review another one of the best dividend stocks around. Let’s take a look at Bank Of America’s dividend history and safety…
Business Overview and Highlights
Bank Of America (NYSE: BAC) is a $279 billion business based out of Charlotte, NC. The company employs 204,000 people, and last year Bank Of America pulled in $111 billion in sales which works out to $542,000 per employee.
The company operates …read more […]

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Business News

GM, UAW reach tentative deal to end month-long strike

General Motors Co and the United Auto Workers union have reached a tentative deal for a new four-year labor deal, moving the sides closer to ending the month-long strike that had drawn the attention of U.S. President Donald Trump and potential Democratic rivals in the 2020 presidential election.

…read more […]

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Trading Ideas

GM Has Tentative Deal With UAW, Though Strike May Continue

(Bloomberg) — General Motors Co. and the United Auto Workers have reached a tentative agreement on a new contract, paving the way for a decision Thursday on whether to continue a more than month-long strike.The accord, announced by the UAW on Wednesday, may bring an end to the union’s first national walkout against the carmaker in a dozen years. The stakes were rising for both sides as the strike entered a fifth week, costing GM billions, forcing workers to live on $275 a week and denting the economy in Michigan and the Midwest.“The number one priority of the national negotiation …read more […]

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Trading Ideas

JNJ makes $4 billion opioid offer as distributors look to make a deal

Johnson & Johnson has offered to pay $4 billion dollars to settle all claims accusing the company of fulling the opioid epidemic. This comes as three major drug distributors to pay $18 billion dollars to wipe out all opioid suits against those companies. Yahoo finance’s Anjalee Khemlani joined On The Move to discuss. …read more […]

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Trading Ideas

GM, UAW reach tentative deal to end strike

General Motors Co and the United Auto Workers union have reached a tentative deal for a new four-year labor deal, moving the sides closer to ending the month-long strike that had drawn the attention of U.S. President Donald Trump and potential Democratic rivals in the 2020 presidential election. The deal is subject to approval by the union’s national GM council during its meeting on Thursday and then must still be ratified by the wider membership, the UAW said in a statement. “The number one priority of the national negotiation team has been to secure a strong and fair contract that …read more […]