Trading Ideas
American airlines boots passenger of flight over a cello
American Airlines kicked off a passenger after she bought a ticket for a musical instrument. …read more […]
Articles by admin
Trading Ideas
3 Things Apple, Inc. Management Wants You to Know
These surprising insights from Apple’s earnings call are just as important as the company’s double-digit revenue growth. …read more […]
Business News
Strong earnings, Facebook drive Wall Street higher
The S&P 500 rose on Monday as results from Berkshire Hathaway boosted optimism about a strong earnings season, while gains for Facebook on a report that it was planning to offer new services, lifted the tech-heavy Nasdaq index.
Trading Ideas
China plays hardball on trade
China vows to stand up to President Trump’s Tariff threat, saying it’s not concerned about the short term economic impact. Yahoo Finance’s Seana Smith, Andy Serwer and Dion Rabouin discuss. …read more […]
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Why Rite Aid Stock Is Tumbling Today
Rite Aid’s recent update to its outlook includes lowering its Adjusted EBITDA expectations to between $540 million and $590 million. The outlook update from Rite Aid also includes its net loss now coming in between $125 million and $170 million. The final change to Rite Aid’s outlook for the full year of fiscal 2019 includes lowering its earnings per share expectations. …read more […]
Trading Ideas
Gaming Is Still the Star of the Show for Logitech International
Hundreds of millions of eager players are scooping up mice and keyboards and lifting the industry. …read more […]
Trading Ideas
More older Americans filing for bankruptcy
More than 12% of filers are now seniors, while just 2.1% were in 1991, a new study shows. …read more […]
Trading Ideas
Rite Aid cuts fiscal 2019 forecast with buyout vote looming
Rite Aid is chopping its annual earnings forecast three days before its shareholders vote on whether to approve the sale of the company. Shares of the nation’s third-largest drugstore chain tumbled 10 percent Monday after the company said generic drug pricing isn’t shaping up how it expected in April when it first made its fiscal 2019 forecast. Rite Aid said it changed its outlook after realizing that reductions in the cost of generic drugs are coming in about $80 million lower than the company expected when it established its fiscal 2019 forecast. …read more […]
Business News
S&P gains on strong earnings, Facebook lifts Nasdaq
The S&P 500 edged higher on Monday, buoyed by strong results from Berkshire Hathaway Inc and Tyson Foods, while Nasdaq got a lift from gains in Facebook and PepsiCo.
Business News
BMW Korea apologizes as 27 vehicles catch fire over January-July
BMW’s South Korean unit apologized over a spate of engine fires, estimated by the country’s transport ministry at 27 over January to July, that has prompted a government probe and a major backlash from consumers.
Trading Ideas
How Universal Display Corp. Stock Rose 12% Last Month
The OLED technology expert started bouncing back from a brutal first half of 2018. …read more […]
Business News
Stocks dip as trade fears offset earnings; sterling slumps, dollar gains
World stock markets broadly edged lower on Monday as concerns of a further escalation of a trade fight between the United States and China offset corporate results, while the U.S. dollar gained and Treasury yields dipped on the uncertainty.
Business News
Arista to pay $400 million to Cisco to resolve court fight
Arista Networks Inc will pay $400 million to Cisco Systems Inc to resolve a U.S. court fight between the two network equipment makers, Arista said in a regulatory filing on Monday, the day a jury trial in the dispute was scheduled to begin.
Trading Ideas
Will Snap Stock Be the Latest Social Media Victim?
Snap (NYSE:SNAP) is on tap to report earnings this week, and the outlook could be bearish. After last month’s earnings reports from Facebook (NASDAQ:FB) and Twitter (NYSE:TWTR), the social media sector is in a shambles. SNAP stock could be in big trouble. …read more […]
Business News
Oil up after OPEC sources say Saudi crude output fell
Oil futures rose on Monday after OPEC sources said Saudi crude production unexpectedly fell in July, raising concerns about global oil supplies as the United States prepares to reinstate sanctions against major exporter Iran.