No Picture
Trading Ideas

Musk Dumps Tesla 'Go-Private' Idea

Aug.26 — Tesla faces potential bumps in the road after Elon Musk scrapped his “go-private” plan. That bombshell was followed by news that a key executive is leaving the company. Bloomberg’s Su Keenan reports on “Bloomberg Markets: Asia.” …read more […]

No Picture
Trading Ideas

Mexico, U.S. likely 'hours' away from NAFTA agreement: minister

U.S. and Mexican trade negotiators are “hours” away from squaring away bilateral differences on the North American Free Trade Agreement (NAFTA) but work with Canada is likely to stretch into September, a top Mexican official said on Sunday. Mexican Economy Minister Ildefonso Guajardo told reporters that work with Canada, which has sat out the latest phase of NAFTA talks, would take at least a week, though he was optimistic Mexico and the United States were close to agreement. “I would say that we’re practically in the final hours of this negotiation,” he told reporters as he entered talks …read more […]

No Picture
Trading Ideas

Mexico, U.S. likely ‘hours’ away from NAFTA agreement: minister

U.S. and Mexican trade negotiators are “hours” away from squaring away bilateral differences on the North American Free Trade Agreement (NAFTA) but work with Canada is likely to stretch into September, a top Mexican official said on Sunday. Mexican Economy Minister Ildefonso Guajardo told reporters that work with Canada, which has sat out the latest phase of NAFTA talks, would take at least a week, though he was optimistic Mexico and the United States were close to agreement. “I would say that we’re practically in the final hours of this negotiation,” he told reporters as he entered talks …read more […]

No Picture
Trading Ideas

Australia’s Investa says Blackstone to sweeten bid

Investa’s manager last week said two funds affiliated to Blackstone Group had agreed to raise their offer by about A$120 million (68.84 million pounds) to A$5.3485 per Investa unit from an earlier bid of A$5.1485 per unit, subject to certain conditions. The Investa Listed Funds Management Ltd Board continues to unanimously recommend voting in favour of the raised Blackstone proposal in the absence of a superior proposal, the statement said. …read more […]

No Picture
Trading Ideas

5 Top Stock Trades for Monday Morning

During a quiet Friday trading session in August, U.S. equities rallied following the Federal Reserve’s comments out of Jackson Hole, Wyoming. Investors will have plenty to watch in this final week of August; a month that has seen the Dow Jones gain 1.5%, the S&P 500 add approximately 2.1% and the Nasdaq put on a hefty 3.6%. …read more […]