Trading Ideas
CR vs. HON: Which Stock Is the Better Value Option?
CR vs. HON: Which Stock Is the Better Value Option? …read more […]
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Business News
Trump vows to ‘straighten out’ G7 trade ahead of tense meeting
LA MALBAIE, Quebec (Reuters) – U.S. President Donald Trump lashed out at Canada and the European Union on Friday and said he plans to leave a meeting with leaders of the Group of Seven nations early as fears of a trade war ratcheted higher.
Business News
Apple plans to make 20 percent fewer new model iPhones this year: Nikkei
(Reuters) – Apple Inc expects to ship 80 million new model iPhones this year, down 20 percent from what it had planned at the same time last year, the Nikkei reported on Friday, citing industry sources.
Trading Ideas
Apple plans to make 20 pct fewer new model iPhones this year – Nikkei
Apple Inc expects to ship 80 million new model iPhones this year, down 20 percent from what it had planned at the same time last year, the Nikkei reported on Friday, citing industry sources. The California-based firm has asked its parts suppliers to make about 20 percent fewer components for the three new iPhones it plans to launch in the second half of 2018, compared to last year’s plans for its iPhone X and iPhone 8 models, the paper reported. It knocked 2 percent off Apple’s shares and send stocks of …read more […]
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Better Buy: GlaxoSmithKline plc vs. Johnson & Johnson
How do these two big pharma stocks compare in a one-on-one match-up? …read more […]
Business News
Exclusive: Malaysia considering seeking return of Goldman Sachs’ 1MDB fees
KUALA LUMPUR (Reuters) – Malaysia is considering asking the U.S. Department of Justice (DoJ) to get Goldman Sachs to return nearly $600 million in fees it earned from bonds raised for scandal-tainted 1Malaysia Development Berhad (1MDB), two sources familiar with the matter said on Friday.
Business News
World stocks dip as central bank talk, trade, dull risk appetite
LONDON (Reuters) – World stocks slipped on Friday as expectations that trade tensions will dominate this weekend’s summit of G7 countries and renewed talk of monetary tightening by major central banks weighed on risk sentiment.
Business News
Goal! Investors line up World Cup winners off the pitch
LONDON (Reuters) – The soccer World Cup is a massive money-spinner and stock market players are busy picking brewers, betting firms, pub chains and sportswear brands that will benefit from the associated global spending surge.
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Amazon (AMZN) Unveils New Alexa-Powered Device Fire TV Cube
Amazon (AMZN) unveils a new device, Fire TV Cube, a 4K Ultra HD streaming media player, bringing it one step closer to dominate the living room. …read more […]
Business News
Verizon names former Ericsson chief to replace McAdam
(Reuters) – Verizon Communications Inc named Chief Technology Officer and former Ericsson boss Hans Vestberg as its new Chief Executive on Friday, saying he will replace current CEO Lowell McAdam on Aug. 1.
Business News
Verizon names former Ericsson chief as new CEO
(Reuters) – Verizon Communications Inc named Chief Technology Officer and former Ericsson boss Hans Vestberg as its new Chief Executive on Friday, saying he will replace current CEO Lowell McAdam on Aug. 1.
Business News
Investors focusing on profit margins as rising prices, wages start to bite
NEW YORK (Reuters) – For years U.S. inflation has been the dog that did not bark, but rising prices and wages are now showing signs of squeezing profit margins across corporate America, leading investors to punish companies whose results are deteriorating.
Business News
China’s ZTE apologizes after paying ‘disastrous price’ in U.S. sanction case
HONG KONG/SHENZHEN, China (Reuters) – The chairman of ZTE Corp apologized to staff and customers on Friday after the Chinese technology firm agreed to pay a $1 billion fine to the United States to end a supplier ban that has crippled its business.
Business News
BT boss Patterson steps down after investors lose faith
LONDON (Reuters) – BT Group’s Chief Executive Gavin Patterson will step down this year after its chairman said a new leader was needed to restructure Britain’s biggest broadband and mobile provider.
Business News
Exclusive: Malaysia may ask Justice Department to get Goldman Sachs to return $600 million 1MDB fees
KUALA LUMPUR (Reuters) – Malaysia is considering asking the U.S. Department of Justice (DoJ) to get Goldman Sachs to return nearly $600 million in fees it earned from bonds raised for scandal-tainted 1Malaysia Development Berhad (1MDB), two sources familiar with the matter said on Friday.