Trading Ideas
Netflix subscriber numbers disappoint, stock plunges
The news set Netflix’s stock down in after-hours trading. …read more […]
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Business News
Buffett donates $3.4 billion to Gates’ and family charities
Warren Buffett has donated roughly $3.4 billion of Berkshire Hathaway Inc stock to five charities, the billionaire’s largest contribution in his plan to give away his fortune.
Business News
Oil’s 4 percent tumble weighs on energy shares; banks rally
The price of oil tumbled more than 4 percent on Monday, putting pressure on energy shares and keeping global stock markets in check, although financial shares rallied after upbeat news from Bank of America and Deutsche Bank.
Business News
Ford agrees to $299.1 million U.S. Takata air bag settlement
Ford Motor Co agreed to a so-called economic loss settlement of $299.1 million covering at least 6 million U.S. vehicles with potentially faulty Takata air bag inflators, court documents filed in a federal court in Miami on Monday show.
Trading Ideas
Kinder Morgan Inc Earnings Preview: What to Watch
Investors have important questions that they hope the pipeline giant will address when it reports second-quarter results after the market closes on Wednesday. …read more […]
Business News
Wall St. slides, tumbling oil prices weigh on energy stocks
U.S. stocks mostly edged lower on Monday following a drop in oil prices that weighed on energy shares and offset a jump in financials as Bank of America’s results reinforced expectations of a strong U.S. earnings season.
Business News
U.S. arms makers praise new U.S. weapons export policy
U.S. arms makers attending the Farnborough Airshow in Britain on Monday lauded the U.S. government’s push to sell more weapons overseas and said they expected European defense spending to increase in the coming years.
Business News
Ford agrees to $299.1 million U.S. Takata ‘economic loss’ settlement
Ford Motor Co agreed to a $299.1 million so-called economic loss settlement covering at least 6 million U.S. vehicles with potentially faulty Takata air bag inflators, court documents filed in a federal court in Miami on Monday show.
Business News
Brent oil falls 4 percent to three-month low as supply outage concerns ease
Oil prices slumped more than 4 percent on Monday, with Brent reaching a three-month low, as Libyan ports reopened and traders eyed potential supply increases by Russia and other producers.
Business News
S&P 500 slips with energy shares, but financials bounce
U.S. stocks mostly edged lower on Monday following a drop in oil prices that weighed on energy shares and offset a jump in financial stocks as Bank of America’s results reinforced expectations of a strong U.S. earnings season.
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U.S. launches five WTO challenges to retaliatory tariffs
The United States launched five separate World Trade Organization dispute actions on Monday challenging retaliatory tariffs imposed by China, the European Union, Canada, Mexico and Turkey following U.S. duties on steel and aluminium. The retaliatory tariffs on up to a combined $28.5 billion worth of U.S. exports are illegal under WTO rules, U.S. Trade Representative Robert Lighthizer said in a statement. …read more […]
Business News
FCC raises concerns about Sinclair-Tribune deal, shares fall
Federal Communications Commission Chairman Ajit Pai questioned Sinclair Broadcast Group Inc’s proposed $3.9 billion acquisition of Tribune Media Co , in a surprise decision that could potentially scuttle the deal and sent shares of both companies tumbling.
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Prime Down: Amazon’s sale day turns into fail day
* Update: Here’s how to get around Amazon’s error. Use smile.amazon.com. TechCrunch confirmed this workaround works. …read more […]
Trading Ideas
Website issues for Amazon as Prime Day kicks off
CNBC’s Kate Rogers reports that users are experiencing issues on Amazon’s website as the e-commerce giant’s Prime Day sales event starts. …read more […]
Business News
Thyssenkrupp in leadership turmoil as chairman quits
The chairman of Germany’s Thyssenkrupp has resigned, following the company’s chief executive under pressure from activist shareholders demanding a radical restructuring of the embattled industrial conglomerate.