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Trading Ideas

AT&T CEO says ready to invest, WarnerMedia rebranding unveiled

“We’re not going to be penny-wise and pound-foolish here,” Stephenson said in an interview on the financial news channel. The No. 2 U.S. wireless carrier closed its $85 billion acquisition of Time Warner on Thursday and now faces the task of integrating a media company into its operations as it seeks to rival Netflix Inc (NFLX.O), Amazon.com Inc (AMZN.O) and other technology companies providing entertainment directly to customers. Time Warner will be renamed WarnerMedia, according to a memo sent to employees by John Stankey, who will serve as CEO of WarnerMedia. …read more […]

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Trading Ideas

Investors Should Follow Buffett Into Phillips 66 Stock

Warren Buffett clearly knows his way around the stock market. There’s no reason to go over America’s favorite value investor’s history of great returns and generating gains for Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B). The key for Buffett’s and Berk’s success comes down to buying companies with large economic moats that generate huge amounts of rising cash flows. …read more […]

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Trading Ideas

Theranos Founder Holmes Is Out as CEO of Scandal-Ridden Startup

Elizabeth Holmes, who founded blood-testing company Theranos Inc. only to watch it unravel amid revelations that her main product was a fraud, has stepped down as chief executive officer. After the testing device that Holmes claimed would be able run hundreds of medical tests on a single drop of blood was shown not to work, Holmes was barred from running a clinical company by U.S. regulators, was sued by investors, and the company let go many of its employees. Holmes will keep her role as chair of the board, Theranos said in a statement Friday. …read more […]

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Business News

Trump sets $50 billion in China tariffs; Beijing vows to strike back

WASHINGTON/BEIJING (Reuters) – U.S. President Donald Trump said he was pushing ahead with hefty tariffs on $50 billion of Chinese imports on Friday, and the smoldering trade war between the world’s two largest economies showed signs of igniting as Beijing immediately vowed to respond in kind.

…read more […]

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Trading Ideas

Winnebago Stock Price and Research (NYSE: WGO)

Winnebago (NYSE: WGO) is a small cap company that operates within the automobile industry. Its market cap is $2 billion today and the total one-year return is 40.31% for shareholders.

Winnebago stock is beating the market, and it reports earnings soon. But does that make it a good buy today? To answer this question we’ve turned to the Investment U Stock Grader. Our research team built this system to diagnose the financial health of a company.

Our system looks at six key metrics…

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✓ Earnings-per-Share (EPS) Growth: Winnebago reported a recent EPS growth rate of 45.83%. That’s above the automobile industry average of …read more […]

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Trading Ideas

China Targets U.S. Farm Imports With Tariffs on Soybeans, Corn

Trade tensions between the U.S. and China ratcheted higher after the Asian nation said it will follow through on plans to levy tariffs on a range of American farm goods including soybeans and corn. An additional 25 percent tariff will levied on about $50 billion of U.S. imports, China’s Ministry of Finance said Saturday in a statement on its website. China previously announced plans to impose 25 percent duties on products including soybeans, wheat, corn, sorghum, cotton and beef in response to proposed tariffs from the U.S. In April, the Asian nation started levying additional taxes on American …read more […]