The prolonged strike at General Motors Co is estimated to have hit as many as 150,000 workers in the auto industry, a report from research and consulting firm Anderson Economic Group (AEG) showed on Tuesday.
U.S. stocks ended down sharply on Tuesday as news that the United States was imposing visa restrictions on Chinese officials overshadowed comments by Federal Reserve Chairman Jerome Powell that pointed to openness to further rate cuts.
Levi Strauss & Co reported a 4% drop in third-quarter profit on Tuesday, as the denim apparel maker struggled to grow its wholesale business in the Americas, where it generates most of its revenue.
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […] …read more […]
The Mexican peso could fall almost 9% to 21.30 per dollar next year if U.S. President Donald Trump again threatens the country during his re-election campaign, Mexican financial group Banorte said on Tuesday. Trump has repeatedly sent the Mexican currency and stock market tumbling after attacking Mexico over immigration and trade, mostly on Twitter, threatening to impose tariffs on Mexican goods or close the countries’ shared border. Banorte’s forecast would represent an 8.7% depreciation for the currency from its current level of about 19.60 pesos per dollar. …read more […]
Warren Buffett famously said, ‘Volatility is far from synonymous with risk.’ It’s only natural to consider a company’s… …read more […]
A New York state appeals court on Tuesday refused to toss out a former Goldman Sachs Group Inc computer programmer’s theft conviction, rejecting his claim that he was wrongly prosecuted twice for the same conduct.
Federal Reserve chairman Jerome Powell on Tuesday flagged openness to further rate cuts amid global economic risks, and said the time to allow the Fed’s asset holdings to begin to expand again “is now upon us” in order to ensure money markets function smoothly.
Q2 2019 Thermo Fisher Scientific Inc Earnings Call …read more […]
Italian Industry Minister Stefano Patuanelli said on Tuesday he believed a binding offer for struggling airline Alitalia could be presented by an Oct. 15 deadline, saying the date would not be shifted again.
We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is… …read more […]
U.S. stocks briefly cut losses in choppy trading on Tuesday after Federal Reserve Chairman Jerome Powell suggested openness to further rate cuts and said the time has come to allow the Fed’s asset holdings to begin to expand again.
U.S. stocks briefly cut losses in choppy trading on Tuesday after Federal Reserve Chairman Jerome Powell suggested openness to further rate cuts and said the time has come to allow the Fed’s asset holdings to begin to expand again. The interest-rate sensitive financials index was down more than 1%. …read more […]
U.S. and European Union regulators said on Tuesday they were still reviewing Boeing Co’s changes to 737 MAX software after two fatal crashes, throwing into question the speed at which the grounded aircraft can return to service.
Today we’ll evaluate RealPage, Inc. (NASDAQ:RP) to determine whether it could have potential as an investment idea… …read more […]
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