Trading Ideas
5 Things Devon Energy Corp's CEO Wants You to Know About its Vision for the Future
The shale driller remains very optimistic about what lies ahead. …read more […]
Articles by admin
Trading Ideas
Trump Says Tariff Revenue Will Help Pay Down National Debt. Here's the Real Math.
President Trump tweeted Sunday morning that his burgeoning trade wars with China and other countries will have a very specific benefit to the U.S.: bringing down the national debt. “Tariffs are working big time,” Trump tweeted, adding, “Because of Tariffs we will be able to start paying down large amounts of the $21 Trillion in debt that has been accumulated, much by the Obama Administration, while at the same time reducing taxes for our people. First, the president portrays tariffs as taxes on foreign companies, but the truth is that many U.S. companies, and ultimately consumers, bear the …read more […]
Business News
Marriott sees revenue weakness in third quarter, shares fall
Marriott International Inc on Monday signaled weakness in revenue per available room (revPAR) in North America, its largest market, for the third quarter, sending shares of the world’s largest hotel chain down about 4 percent.
Business News
S&P buybacks brisk in second-quarter, may set another record: S&P Dow Jones
S&P 500 companies engaged in a brisk pace of share buybacks in the second quarter, putting them on track to near or beat the first quarter’s record level, according to a S&P Dow Jones Indices analysis.
Trading Ideas
Etsy (ETSY) Stock Soars on Q2 Revenue Beat
Etsy (NASDAQ:ETSY) announce its latest quarterly earnings results late in the day Monday, posting revenue that was better than analysts were calling, sending shares soaring after hours. The e-commerce site for handmade and vintage items said that for its second quarter of fiscal 2018, it brought in net income of $3.4 million, or 3 cents per share. Wall Street said in its consensus estimate that it was calling for the company to amass net income of 4 cents per share. …read more […]
Business News
Global stocks lift on strong earnings as trade fight caps gains; sterling slumps
Stock markets lifted on Monday after strong corporate earnings helped Wall Street close higher, but a tariff dispute between the United States and China limited gains in equities while boosting the dollar and helping keep Treasury yields lower.
Trading Ideas
Why Rite Aid, Groupon, and Sotheby's Slumped Today
Find out which of these companies sees trouble ahead. …read more […]
Business News
Wall Street closes higher as strong earnings cheer investors
The three major U.S. stock indexes closed higher on Monday as investors applauded a strong U.S. earnings season with results from Berkshire Hathaway impressing and Facebook lifting Nasdaq after a report it was planning new services.
Trading Ideas
Why MannKind Corporation Stock Is Tanking Again Today
Bad news from its Q2 results continues to plague the struggling biotech. …read more […]
Trading Ideas
Why Facebook, Sprint, and Berkshire Hathaway Jumped Today
Learn why the Oracle of Omaha had reason to celebrate. …read more […]
Trading Ideas
Twitter: Infowars and Alex Jones accounts don't violate o…
CNBC’s Julia Boorstin reports on Twitter’s decision to not suspend Infowars publisher and Alex Jones’ Twitter account after Google, YouTube, and Apple banned accounts. …read more […]
Business News
U.S. argues judge failed to take its arguments into account in AT&T trial
The U.S. government said on Monday the judge in the trial to stop AT&T Inc’s purchase of Time Warner failed to take into account the Justice Department’s arguments about how the deal would decrease competition.
Trading Ideas
Google’s Potential Return to China Shouldn’t Scare Baidu
A nasty PR backlash, tougher competition, and high spending requirements could prevent Google from making a comeback in China. …read more […]
Trading Ideas
Here's Why Antares Pharma Jumped Today
A deal with Pfizer has investors smiling, but there’s no way to analyze the value to the company. …read more […]
Business News
Wall Street ends up amid earnings optimism
U.S. stocks closed higher on Monday as investors applauded a strong U.S. earnings season with results from Berkshire Hathaway impressing and Facebook lifting the tech-heavy Nasdaq index after a report it was planning new services.