Trading Ideas
3 Dividend Stocks to Fund Your Nest Egg
Investors looking for solid dividend plays should take a look at Apple, American Tower, and IBM. …read more […]
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Business News
Wall Street rises as climbing yields boost financials
Wall Street stocks largely rose on Monday as a jump in 10-year bond yields boosted financials and as news of upcoming international trade talks offset the negative impact of the strengthening U.S. dollar on corporate earnings forecasts.
Business News
Halliburton shares plunge on Permian growth worries
Shares of oilfield services provider Halliburton fell by more than 8 percent on Monday after the company warned of moderate growth in the oil and gas-rich Permian Basin and lower third-quarter earnings.
Trading Ideas
NY Daily News slashes newsroom staffing in half
The New York tabloid Daily News cut half of its newsroom staff Monday including Jim Rich, the paper’s editor in chief. The paper was sold to Tronc Inc. last year for $1, with the owner of the Chicago Tribune assuming liabilities and debt. The newspaper has been a key fixture in New York City for the last century. …read more […]
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Some Uber passengers are reportedly getting hit with $150 fines after drivers allegedly commit 'vomit fraud'
Some Uber drivers are reportedly charging customers $80 to $150 after falsely reporting that riders vomited inside their vehicles, according to a Miami Herald report. As detailed by the Miami Herald, the Uber driver sends false photos of the incident to Uber management, who then initiates the fee. …read more […]
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Tesla says supplier discount request was for ongoing projects
The Wall Street Journal had reported on Sunday that Tesla had turned to some suppliers for a refund of previously made payments in a bid to turn a profit, citing a memo sent by a Tesla global supply manager. Concern that the memo signalled that money-losing Tesla was scrambling to find cash to fund its current operations and multiple long-term projects had sent shares down. Any pricing adjustments would improve Tesla’s “future cash flows, but not impact our ability to achieve profitability in Q3,” the spokesperson added. …read more […]
Business News
Tesla says supplier discount request was for ongoing projects
Tesla said on Monday that it had asked a small number of suppliers to cut prices on ongoing, long-term projects to improve its future cash flow, after a media report about a discount request sent shares of Tesla down as much as 6.6 percent.
Business News
Halliburton sees moderate Permian growth on pipeline worries
Shares of oilfield services provider Halliburton fell by more than 8 percent on Monday after the company warned of moderate growth in the oil and gas-rich Permian Basin and lower third-quarter earnings.
Business News
Veolia says Laruelle to become CFO, Brachlianoff COO
French water and waste group Veolia said in a statement executive committee member Claude Laruelle had been appointed new chief financial officer while Veolia UK chief Estelle Brachlianoff will be appointed chief operating officer.
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Monday Apple Rumors: Apple Repair Videos Leak
Leading the Apple (NASDAQ:AAPL) rumor mill today is news of repair videos leaking. Repair Videos: A series of official videos on how to perform repairs on Apple devices have leaked, reports 9to5Mac. The videos were found on Reddit and uploaded to YouTube. …read more […]
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Trump tries to cast fresh doubt on Mueller’s ‘Witch Hunt’
Trump also said former campaign adviser Carter Page, the subject of government documents released over the weekend, wasn’t a spy or an agent of Russia. “Carter Page wasn’t a spy, wasn’t an agent of the Russians – he would have cooperated with the FBI. It was a fraud and a hoax designed to target Trump,” the president said in a series of tweets quoting Tom Fitton, president of the conservative watchdog group Judicial Watch. …read more […]
Business News
Bond yields rise worldwide on stimulus concerns; earnings loom
Fears that monetary policymakers in the U.S. and Japan will scale back support for the economy sent quivers through debt markets on Monday, while U.S. stocks gained ahead of major company earnings reports.
Business News
Wall Street rises as financials gain, tech rebounds
U.S. stocks rose on Monday as a jump in 10-year bond yields to a month’s high boosted financials and technology stocks rebounded, with investors waiting for earnings from marquee corporations to assess the impact of an escalating U.S.-China trade row.
Trading Ideas
Why I'd pick Berkshire Hathaway if I could invest in just one stock
Berkshire Hathaway is the closest thing to a tax-efficient version of an index fund. …read more […]
Business News
U.S. home sales sag as prices race to record high
U.S. home sales unexpectedly fell in June, posting their third straight monthly decline as a persistent shortage of properties on the market drove house prices to a record high.