Trading Ideas
Stocks pare losses amid Fed Chair Jay Powell Speech
Yahoo Finance’s Jen Rogers, Myles Udland and Heidi Chung discuss the day’s market action. …read more […]
Articles by admin
Trading Ideas
Think Twice Before Handing Healthcare Providers a Blank Check
The number of people over the age of 65 declaring bankruptcy is up by more than 200% since 1995. And healthcare costs are listed as one of the primary reasons for the big increase in that number.
Based on an experience I had recently with a local hospital, I’m surprised more people aren’t going belly up.
My birthday is in September, and I usually schedule all of my annual medical checkups around it. This year’s rounds included a trip to a cardiologist.
My visit to the heart specialist was preventative in nature. High cholesterol runs in my family, and mine has been a …read more […]
Business News
GM strike affects about 150,000 auto industry workers: consulting firm
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.
Business News
Wall Street slumps as visa restrictions stoke U.S.-China worries
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.
Business News
Levi Strauss profit declines on trouble in the Americas
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.
Trading Ideas
Were Hedge Funds Right About Souring on Pfizer?
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 […]
Trading Ideas
Trump election rhetoric could send Mexican peso down almost 9% to 21.30 per dollar -Banorte
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 […]
Trading Ideas
Ryerson Holding (NYSE:RYI) Has A Somewhat Strained Balance Sheet
Warren Buffett famously said, ‘Volatility is far from synonymous with risk.’ It’s only natural to consider a company’s… …read more […]
Business News
Former Goldman programmer fails, again, to toss theft conviction
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.
Business News
Powell: Time for Fed to expand balance sheet ‘now upon us’
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.
Trading Ideas
Edited Transcript of TMO earnings conference call or presentation 24-Jul-19 12:30pm GMT
Q2 2019 Thermo Fisher Scientific Inc Earnings Call …read more […]
Business News
Binding Alitalia offer can be made by October 15 deadline: Italy minister
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.
Trading Ideas
Have Insiders Been Buying Red Rock Resorts, Inc. (NASDAQ:RRR) Shares?
We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is… …read more […]
Business News
Indexes briefly cut losses in choppy trade after Powell comments
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.
Trading Ideas
US STOCKS-Indexes briefly cut losses in choppy trade after Powell comments
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 […]