Trading Ideas
Why Groupon, Boeing, and Pretium Resources Jumped Today
Learn which of these companies wants to be acquired. …read more […]
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Business News
Stocks hit 2-week high, led by banks ahead of earnings
Global stocks hit a two-week high on Monday, led by a rise in bank shares ahead of earnings reports from the biggest U.S. lenders later in the week, while sterling took a hit after another British cabinet resignation left Prime Minister Theresa May’s Brexit plans in chaos.
Business News
Dow, S&P 500 post best days in more than a month; banks lead gains
U.S. stocks rose on Monday, giving the Dow and S&P 500 their biggest gains in more than a month, as bank shares jumped ahead of earnings reports later this week.
Trading Ideas
Dow, S&P 500 post best days in more than a month; banks lead gains
U.S. stocks rose on Monday, giving the Dow and S&P 500 their biggest gains in more than a month, as bank shares jumped ahead of earnings reports later this week. Industrial, energy and consumer discretionary shares also rose sharply, while S&P utilities and telecommunications – among the market’s recent outperformers – led percentage declines. The S&P banks index climbed 2.7 percent, registering its biggest daily percentage gain since March 26. …read more […]
Business News
U.S. states probe fast-food franchise deals not to poach workers
A group of U.S. state attorneys general is investigating whether Five Guys, Panera, Burger King and other big fast food chains are using “no-poach” rules in franchise agreements to hold down wages and limit employee advancement, the officials said on Monday.
Trading Ideas
Why Chesapeake Energy Corporation's Stock Has Surged More Than 30% in the First Half of 2018
After a rough start, the oil and gas company took off in May and hasn’t looked back. …read more […]
Business News
Wall Street rises on expectations for strong earnings season
U.S. stocks rose on Monday, helped by bank, industrial and energy shares, as investors looked ahead to a strong quarterly earnings season.
Business News
House Republicans demand answers from Apple, Alphabet on privacy, data practices
Four senior U.S. House Republicans sent letters on Monday to the chief executives of Apple Inc and Google parent Alphabet Inc asking questions about location data and mobile phone privacy practices and the handling of customer data.
Business News
Wall Street gains; investors expect strong earnings
U.S. stocks rose on Monday, helped by bank, industrial and energy shares, as investors looked ahead to a strong quarterly earnings season.
Business News
Stocks hit two-week high as banks lead ahead of earnings
Global stocks hit a two-week high on Monday with bank shares leading the drive higher ahead of earnings reports from the biggest U.S. lenders later in the week, while sterling took at hit after another British cabinet resignation.
Trading Ideas
HPE could mitigate impact of future U.S. tariffs, CEO says
Hewlett Packard Enterprise Co (HPE.N) can boost manufacturing at its facility in Wisconsin if trade tensions with China escalate, Chief Executive Antonio Neri said on Monday. Speaking at a Reuters Newsmaker event in San Francisco, Neri said HPE, whose products are not directly affected by tariffs that took effect last week, could modify production plans if additional tariffs affect its equipment made in China. HPE produces three servers every 10 seconds globally. …read more […]
Trading Ideas
Trump slams Pfizer after July 1 drug price hikes
NEW YORK/WASHINGTON (Reuters) – U.S. President Donald Trump on Monday took aim at Pfizer Inc (PFE.N) and other U.S. drugmakers after they raised prices on some of their medicines on July 1, saying his administration would act in response. “Pfizer & others should be ashamed that they have raised drug prices for no reason.” Trump wrote in a post on Twitter on Monday. Trump had said in May that some drug companies would soon announce “voluntary, massive” cuts in prices, but none have materialized yet. …read more […]
Trading Ideas
New Microsoft Surface hardware is probably arriving tomorrow
Microsoft all but announced as much via the official Surface account. The …read more […]
Trading Ideas
Twitter is getting smoked after deleting 70 million suspicious accounts over the past 2 months
Twitter sank more than 8% Monday morning after the Washington Post reported that the social-media company deleted more than 70 million accounts in May and June. Although the report came out on Friday, it wasn’t until after markets had already closed. …read more […]
Trading Ideas
Twitter says removal of fake accounts does not hurt user metrics
The newspaper had said the social media company had suspended more than 70 million fake accounts in May and June, leading to a decline of monthly active users in the second quarter. “Most accounts we remove are not included in our reported metrics as they have not been active on the platform for 30 days or more, or we catch them at sign up and they are never counted,” CFO Ned Segal tweeted on Monday. …read more […]