Trading Ideas
Analysts Are Wrong About the Biggest Risk for GE Stock
Its aviation business is its largest and fastest-growing source of profit — and thus, the biggest source of long-term risk. …read more […]
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Business News
Stock futures dip on trade jitters, weak internet stocks; jobs data eyed
U.S. stock index futures dipped on Friday, with internet stocks poised for further declines and as investors braced for a fresh salvo of Sino-U.S. tariffs and the August jobs report.
Business News
Premier hopes U.S. firms will boost China investment: state TV
China will continue opening up and improving market access, Premier Li Keqiang said, adding that he hoped U.S. firms would boost investment in the world’s second-largest economy, state television reported on Friday.
Business News
VW faces about $10.7 billion investor suit over dieselgate scandal
Volkswagen faces a trial next week as investors seek 9.2 billion euros ($10.7 billion) in compensation arguing that the carmaker should have informed shareholders about a diesel pollution scandal before regulators did in September 2015.
Business News
J&J to work with India on compensation for recalled hip implants
Johnson & Johnson (J&J) said it would work with the Indian government to compensate patients who had suffered from hip implants that were recalled by the U.S. healthcare firm eight years ago after data showed high failure rates.
Business News
UK authorities working to better understand BA cyber attack: PM’s spokeswoman
The government is aware of a cyber attack affecting British Airways customers and authorities are working to better understand the incident, Prime Minister Theresa May’s spokeswoman said on Friday.
Business News
VW faces 9.2 billion euros investor suit over dieselgate scandal
Volkswagen faces a trial next week as investors seek 9.2 billion euros ($10.7 billion) in compensation arguing that the carmaker should have informed shareholders about a diesel pollution scandal before regulators did in September 2015.
Trading Ideas
How Much Income Will You Really Need in Retirement?
Here’s how to determine what you’ll need to live on after you leave the workforce. …read more […]
Trading Ideas
Why Exact Sciences Corporation Stock Rocketed Higher in August
Exact Sciences’ stock got a major boost from a partnering deal with pharma titan Pfizer last month. …read more […]
Business News
Hedge fund Elliott calls for fresh revamp at Hyundai Motor Group
U.S. activist hedge fund Elliott Management made fresh proposals to restructure Hyundai Motor Group on Friday, renewing pressure on the South Korean conglomerate months after forcing it to abandon its own plan.
Business News
World shares driven toward worst week since March by trade tensions
World shares limped toward their worst week in almost six months on Friday, with Asia carving out a 14-month trough as investors braced for a new salvo of Sino-U.S. tariffs.
Business News
HNA plans to sell Deutsche Bank stake: WSJ
Chinese conglomerate HNA plans to sell its 7.6 percent stake in German lender Deutsche Bank over the next 18 months, The Wall Street Journal (WSJ) reported on Friday.
Business News
British Airways apologizes after 380,000 customers hit in cyber attack
British Airways was forced to apologize on Friday after the credit card details of hundreds of thousands of its customers were stolen over a two-week period in the worst ever attack on its website and app.
Business News
HNA plans to exit Deutsche Bank stake: WSJ
Chinese conglomerate HNA plans to exit its stake in German lender Deutsche Bank , The Wall Street Journal reported on Friday.
Business News
Ferrari to build a future as good as its past with new CEO: Chairman
Under new CEO Louis Camilleri, Ferrari is determined to be as successful as it was under his predecessor Sergio Marchionne, the chairman of the Italian supercar maker told a shareholder meeting to approve Camilleri’s appointment.