Business News
Dell beats revenue estimates
Dell Technologies Inc marginally beat Wall Street estimates for revenue on Thursday, boosted by higher sales of its personal computers and cloud services.
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Business News
U.S. yields climb on trade optimism, weak auction
U.S. Treasury yields rose on Thursday with 30-year yields climbing from record lows, as hopes on U.S.-China trade talks and a dismal seven-year note auction cooled the recent torrid rally in the bond market.
Trading Ideas
Top 4 Natural Gas Stocks to Watch
Natural gas stocks have a bright future. Global energy demand is growing at a steady clip. One reason is because population is rapidly increasing. By 2040 the world population is expected to reach 9.2 billion. Plus, large parts of the world are quickly modernizing due to economic growth. By 2040 the global GDP is expected to double from what it was in 2014. That means more people consuming more energy.
By 2040 global energy demand will increase by 25%. And natural gas is positioned to provide more of that energy than ever before. Check out these statistics:
By 2040 the natural gas …read more […]
Business News
FTC probes marketing practices of e-cigarette maker Juul: source
The Federal Trade Commission is investigating the marketing practices of e-cigarette maker Juul Labs Inc sending shares of tobacco stocks down, a person briefed on the matter said Thursday.
Business News
Shares rally, bond yields rise as China fuels trade deal hopes
U.S. and European shares advanced on Thursday as China struck a hopeful tone on trade relations with the United States and as Italy appeared close to forming a new government and resolving its political crisis.
Business News
Huawei under probe by U.S. prosecutors over new allegations: WSJ
U.S. prosecutors are investigating new instances of alleged technology theft by Chinese telecommunication equipment maker Huawei Technologies Co Ltd, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Business News
As U.S. Treasuries sizzle, some bond investors brace for possible sell-off
While there seems to be no end on the horizon to this year’s dramatic rally in U.S. Treasuries that has collapsed yields more than a full percentage point, conditions are ripening for a reversal that could disrupt the market.
Business News
Argentine bond prices fall, country risk soars on debt ‘reprofiling’ plan
Argentine bond prices fell on Thursday and country risk soared to levels not seen since 2005 after the government announced plans to “reprofile” about $100 billion of its debt, leaving investors scrambling to assess what kind of hit they might take.
Business News
China trade comments lift Wall Street as tech, industrials lead
Wall Street’s main indexes rallied on Thursday, led by the trade-sensitive technology and industrial sectors, as China sounded hopeful on trade negotiations with the United States, easing concerns that more combative stances could stoke a recession.
Business News
Huawei under probe by U.S. prosecutors for new allegations: WSJ
U.S. prosecutors are investigating new instances of alleged technology theft by Chinese telecommunication equipment maker Huawei Technologies Co Ltd, the Wall Street Journal reported on Thursday, citing people familiar with the matter.
Business News
Trump promises ethanol-related ‘giant package’ to please farmers
President Donald Trump said on Thursday his administration is planning a “giant package” related to ethanol that would please U.S. farmers angry that many more oil refiners have been freed from obligations to use the corn-based fuel.
Business News
Avianca to pack more seats into planes as part of recovery plan, executive says
Latin American airline Avianca will look to increase the number of passengers it can fit into a plane without enlarging its fleet as part of its efforts to overcome ongoing financial problems, its chief executive said on Thursday.
Business News
Tech rally boosts Wall Street after China trade comments
Wall Street’s main indexes surged on Thursday, boosted by technology stocks, as China sounded hopeful on trade negotiations with the United States, lifting investor sentiment that has been dented by growing worries of a recession.
Business News
SEC fines Texas-based firm for offering illegal tokens, unregistered exchange
The U.S. Securities and Exchange Commission said on Thursday it fined and settled charges against a Texas-based cryptocurrency firm and its founders for wrongfully issuing digital offerings and for using an unregistered online trading platform.
Newsmakers
Medicine Man Technologies (OTC: MDCL) Strengthens Leadership Team with New VP of Finance
Nancy Bush Huber brings over 25 years of executive management roles, primarily as CFO of several publicly traded and private companies- Most recent position was as CFO of consumer packaged goods company for 13 years- […]