Business News
Investment firms explore buyout of Yum China: sources
Investment firms are exploring a buyout of Yum China Holdings Inc. in what could be one of Asia’s biggest M&A deals this year, sources close to the situation told Reuters.
Articles by admin
Business News
Shares regain footing as lira pulls out of nosedive
World share markets fought to regain their footing on Tuesday, as Turkey’s lira pulled out of its recent nosedive and reassuring data from Germany helped offset the latest wobbles in China’s giant economy.
Trading Ideas
Buy 4 Terrific Dow Stocks on the Dip
Recent stock market meltdown is a temporary phenomenon as U.S. companies do not have significant exposure in Turkey. …read more […]
Business News
Futures rise as Turkish lira rebounds, tech stocks gain
U.S. stock index futures inched higher on Tuesday as global markets bounced back from concerns of weakness in Turkish currency, with gains in technology stocks lifting sentiment.
Business News
Home Depot’s second-quarter sales top estimates, shares rise early
Home Depot Inc on Tuesday reported second-quarter sales that beat Wall Street estimates and revised its earnings forecast for the year, boosted by a rebound in demand for seasonal merchandise and as more shoppers made purchases.
Business News
Tech still all the rage while bears prowl emerging markets: BAML survey
Global investors remain overwhelmingly bullish on U.S. and Chinese tech shares, while short positions on emerging equities are growing increasingly popular, Bank of America Merrill Lynch’s latest monthly fund manager survey showed on Tuesday.
Business News
Coca-Cola picks up stake in Kobe Bryant sports drink
Coca-Cola Co is buying a minority stake in a sports drink brand backed by basketball star Kobe Bryant, it said on Tuesday, seeking to mount a stronger challenge to top energy drink Gatorade.
Business News
Home Depot’s second-quarter sales rebound, shares rise
Home Depot Inc’s second-quarter sales at established stores beat Wall Street forecasts, boosted by a rebound in demand for seasonal merchandise.
Trading Ideas
The world's biggest tech companies are at serious risk of losing a $32 billion market
Life may get harder for big American tech firms trying to break into one of the world’s biggest online shopping and mobile markets. India is proposing new laws that would protect homegrown companies trying to compete with the likes of Amazon, Facebook, Google, and Apple in online shopping. India wants to level the playing field for domestic startups, store Indian user data in India, and change the rules around how foreign companies sell online in India. …read more […]
Business News
Home Depot’s second quarter comparable sales beat estimates
Home Depot Inc’s second-quarter comparable-store sales beat Wall Street forecasts on Tuesday, boosted by a rebound in demand for seasonal merchandise.
Trading Ideas
Expect a Dividend Hike Before 2018 Ends From These 3 Stocks
Some stocks are pretty reliable with their payout boosts. …read more […]
Trading Ideas
Better Buy: AbbVie Inc. vs. Johnson & Johnson
Which stock wins in a match-up between these two big pharma companies? …read more […]
Business News
Novartis recruits new compliance head from Siemens after ethics stumbles
Novartis has recruited a new chief ethics officer from Siemens after costly bribery scandals and a disputed $1.2 million contract with President Donald Trump’s former lawyer that the Swiss drugmaker now calls a mistake.
Business News
DAMAC Properties ‘holds its nerve’ amid Dubai real estate slump: CFO
Dubai’s DAMAC Properties , owner and operator of the only Trump-branded golf club in the Middle East, is confident of its financial position despite registering its worst quarter in terms of booked sales since the company went public five years ago, its chief financial officer said.
Business News
Shares regain footing as lira roars out of rout
World share markets regained their footing on Tuesday as the threat from the collapse of the Turkish lira ebbed and reassuring German data offset signs of slowing growth in China.