Trading Ideas
Musk Confirms the Tesla Deal, but Many Questions Remain
For starters, the law may stand in the way of at least one of the CEO’s promises. …read more […]
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Trading Ideas
Netflix CFO steps down, Bayer shares plunge, Coca-Cola worker strike, Dish Network downgrade
Yahoo Finance’s Seana Smith on the stocks making headlines in midday trading Monday. …read more […]
Trading Ideas
Trump's Harley boycott call roils Wisconsin primary
MADISON, Wis. (AP) — President Donald Trump’s call for a boycott of Harley-Davidson motorcycles forced Gov. Scott Walker and other Republicans to either criticize the president or stick with the Milwaukee-based company just ahead of Tuesday’s primary where Trump allegiance has been a central focus. …read more […]
Trading Ideas
VF Corporation Is Splitting Into Two Companies
Its $2.5 billion-a-year denim business will become a separate publicly traded company. …read more […]
Trading Ideas
Square's Cash Card Is Killing It
User spending has tripled over the last six months. …read more […]
Business News
Wall St. slips as Turkey’s currency worries hurt bank stocks
U.S. stock indexes fell on Monday as a plummeting Turkish lira weighed on shares of big U.S. lenders, but losses on the Nasdaq were limited by high-flying companies such as Apple and Amazon that hit record highs.
Business News
Citigroup says global card chief Linville leaving in shakeup
Citigroup Inc said on Monday that Jud Linville, the head of global cards and consumer services, is leaving the company as part of a reorganization of executives in its global consumer banking businesses.
Business News
Factbox: European banks’ exposure to Turkey
Turkey’s economic crisis poses a threat to European banks with business in the country.
Trading Ideas
Why Dycom Industries Stock Just Dropped 22%
It’s an earnings warning — but it’s already too late to react. …read more […]
Business News
Musk says talking to Saudi fund, others on Tesla buyout
Tesla Inc Chief Executive Elon Musk said on Monday he was in discussions with Saudi Arabia’s sovereign wealth fund and other potential backers of his plan to take the electric car-maker private, but said financing was not yet nailed down.
Trading Ideas
Is CenturyLink's Big Dividend Finally Safe?
The regional telco’s stock is at its highest levels since last summer, and improving cost controls make the current 10.1% yield surprisingly sustainable in the near term. …read more […]
Business News
S&P flat as tech boost offsets Turkish currency worries
The S&P 500 index treaded water on Monday as high-flying companies such as Apple and Amazon hit record highs, offsetting declines in shares of U.S. lenders due to a plunge in Turkish lira.
Business News
World equities slip on Turkey currency woes
NEW YORK – Turkey’s worsening currency crisis sent world equities lower and emerging market currencies under selling pressure on Monday, while gains in large U.S. technology companies kept benchmark indexes slightly higher.
Trading Ideas
Elon Musk says 'funding secured' claim based on talks with Saudi wealth fund
Elon Musk has said he expects Saudi Arabia’s sovereign wealth fund to provide the cash for his Tesla buyout plan, throwing into question his claims last week that funding for the deal was “secured” in a move likely to prompt scrutiny from US regulators. The billionaire chief executive said he had been approached by the Saudi fund “multiple times about taking Tesla private”, stretching back to the beginning of 2017 when it had first expressed interest “because of the important need to diversify away from oil”. He said, following the Saudi fund’s decision to buy almost 5pc of Tesla …read more […]
Business News
Citigroup says card chief Linville leaving in reorganization
Citigroup Inc said Jud Linville, head of global cards and consumer services, is leaving the bank as part of a reorganization of executives in its global consumer banking businesses.