Trading Ideas
AT&T launches a low-cost live TV streaming service, WatchTV
AT&T this morning announced the launch of a second TV streaming service, …read more […]
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Business News
Dow drops at open, technology stocks boost Nasdaq
(Reuters) – The Dow Jones Industrial Average opened lower on Thursday, as concerns over an ongoing trade spat between the United States and China lingered, while strong results from Micron and gains in large-cap technology stocks buoyed the S&P 500 and Nasdaq.
Trading Ideas
Intel’s CEO resigns as information about a ‘past consensual relationship’ surfaces
In a press release touting “another record year,” Intel dropped a a bombshell, …read more […]
Business News
Intel CEO resigns after probe into relationship with employee
(Reuters) – Intel Corp on Thursday said Chief Executive Officer Brian Krzanich has resigned, effective immediately, after a probe revealed that a past consensual relationship with an Intel employee violated company policy.
Business News
Kroger profit beats as online investments pay off, shares soar
(Reuters) – Kroger Co on Thursday raised the lower-end of its full-year earnings forecast and posted better-than-expected quarterly profit, as investments in online and delivery services paid off, sending its shares up nearly 8 percent.
Business News
U.S. jobless claims fall; mid-Atlantic manufacturing slows
WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to a further tightening in labor market conditions.
Business News
Investor Odey says Sky could be worth as much as 50 billion pounds
LONDON (Reuters) – Top-20 Sky investor Crispin Odey said he expects the bidding war for the media company to carry on over the summer and that the European broadcaster could be worth as much as 50 billion pounds ($65.5 billion).
Business News
Jobless claims fall for fourth straight week
The number of Americans filing for unemployment benefits unexpectedly fell last week, pointing to a further tightening in labor market conditions.
Trading Ideas
5 Top-Ranked Tech Stocks Crushing FAANG Wave
Most of the tech stocks are following the FAANG on the upward journey and are easily crushing them from a year-to-date look. Below we have highlighted five of them. …read more […]
Business News
Kroger tightens 2018 profit forecast, shares soar
(Reuters) – Kroger Co on Thursday tightened its profit forecast for the full year as the grocer’s investments in delivery and online services helped it better compete with Walmart Inc and Amazon.com Inc’s Whole Foods.
Business News
Martin Sorrell hits out at WPP over handling of his sudden departure
CANNES, France (Reuters) – Martin Sorrell, the founder of WPP , used his first major public appearance since quitting as chief executive in April to hit out at the advertising giant over the treatment he received from the board.
Business News
OPEC edges closer to raising oil output, Iran’s agreement is key
VIENNA (Reuters) – OPEC edged closer on Thursday toward raising oil output, with Iran softening its opposition to an increase and Saudi Arabia warning of supply shortages and price rallies if production remained stable.
Business News
Aston Martin to open Silverstone test center
LONDON (Reuters) – Aston Martin will open a test and development center at Silverstone, the home of British Formula One racing, as the luxury carmaker continues to expand ahead of a possible stock market flotation.
Trading Ideas
Is It Too Late To Buy Skyworks Solutions Inc (NASDAQ:SWKS)?
Today we’re going to take a look at the well-established Skyworks Solutions Inc (NASDAQ:SWKS). The company’s stock saw a decent share price growth in the teens level on the NasdaqGSRead More… …read more […]
Business News
Trade tensions build as Daimler warns on sales
BRUSSELS/FRANKFURT (Reuters) – Mercedes-Benz maker Daimler shocked investors on Thursday with a warning that trade tensions were hitting sales, while fears of a “tit-for-tat” trade war grew as Europe readied retaliatory tariffs against the United States.