Trading Ideas
Disney's ‘Incredibles 2’ smashes record; Nvidia gets a bullish call; Intel sinks on downgrade
Yahoo Finance’s Seana Smith on the stocks making headlines in intraday trading Monday. …read more […]
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Why Intel Stock Slid 5% This Morning
Northland Capital downgrades on servers concerns. …read more […]
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Trade tensions hit everything from stocks to lobsters
Global trade tensions take a toll on U.S. businesses. Yahoo Finance’s Seana Smith, Andy Serwer and Julia La Roche discuss.m …read more […]
Business News
Fujifilm sues Xerox over aborted merger, seeks more than $1 billion
NEW YORK (Reuters) – Fujifilm Holdings Corp sued Xerox Corp on Monday for well over $1 billion plus punitive damages, accusing it of succumbing to pressure from activist investors Carl Icahn and Darwin Deason in abandoning a proposed $6.1 billion merger.
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Apple Dips Billion-Dollar Toe Into Netflix Challenge
Apple Inc. isn’t known for the unique video content offered by Netflix Inc., Walt Disney Co. and Amazon.com Inc., but it may have just taken the gloves off in a new fight. …read more […]
Business News
Wall Street lower as U.S.-China trade tensions mount
(Reuters) – The Dow and the S&P 500 fell after China’s retaliatory action against U.S. tariffs rekindled concerns that the world’s two biggest economies were headed toward a trade war, with losses limited by gains in energy shares.
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Intel Stock Downgraded: What You Need to Know
Northland sees few catalysts to justify Chipzilla’s increasingly high price. …read more […]
Business News
Fujifilm sues Xerox over aborted merger
(Reuters) – Fujifilm Holdings Corp sued Xerox Corp on Monday for well over $1 billion plus punitive damages, accusing it of succumbing to pressure to activist investors Carl Icahn and Darwin Deason in abandoning a proposed $6.1 billion merger.
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JetBlue founder David Neeleman to launch new US low-cost carrier: report
The aviation entrepreneur is said to be aiming to launch the new airline in 2020. …read more […]
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U.S. top court mulls Apple’s App Store commissions in antitrust case
The U.S. Supreme Court on Monday agreed to take up Apple Inc’s bid to escape a lawsuit accusing it of breaking federal antitrust laws by monopolizing the market for iPhone software applications and causing consumers to pay more than they should. The justices said they would hear Apple’s appeal of a lower court’s ruling that revived the proposed class-action lawsuit by iPhone buyers over commissions that the Cupertino, California-based technology company receives through its App Store. President Donald Trump’s administration backed Apple and urged the justices to take the case. …read more […]
Business News
GM plans $175 million retooling of Michigan plant for Cadillac sedans
DETROIT (Reuters) – General Motors Co will invest $175 million to modernize and retool a plant in Lansing, Michigan, to build the next generation of luxury Cadillac sedans, the company said on Monday.
Business News
Square obtains NY State cryptocurrency license
NEW YORK (Reuters) – Square Inc , the payments company founded by Twitter Inc CEO Jack Dorsey, has obtained a license to offer New York state residents the ability to buy and sell bitcoin through its Cash App, the company said on Monday.
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Strong quake near Osaka, Japan, kills 4, knocks over walls
Residents in western Japan were cleaning up debris Monday evening after a powerful earthquake hit the area around Osaka, the country’s second-largest city, killing four people and injuring hundreds while knocking over walls and setting off fires. The quake also grounded flights in and out of Osaka and paralyzed traffic and commuter trains most of the day. By evening, bullet trains and some local trains had resumed operation, and stations were swollen with commuters trying to get home, many of them waiting in long lines. …read more […]
Business News
EU sees signs of improvement after Google antitrust shopping case
BRUSSELS (Reuters) – It is too early to judge Google’s reforms in response to an antitrust case over online shopping, though there are signs some rivals are benefiting, Europe’s competition chief said on Monday.
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Tesla fire sparks investigation
CNBC’s Phil LeBeau reports on a fire over the weekend that involved actress Mary McCormack’s husband. Lebeau also reports on an email from Elon Musk to Tesla employees about Model 3 production targets. …read more […]