Trading Ideas
Is a Beat in the Cards for Exelixis (EXEL) in Q1 Earnings?
Exelixis is likely to beat on earnings when it reports first-quarter results (May 2) driven by strong growth of Cabometyx sales. …read more […]
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Business News
Exclusive: U.S. Treasury meets business groups on Chinese investment bill – sources
WASHINGTON (Reuters) – U.S. Treasury officials are meeting with about 10 industry groups on Monday to discuss the latest draft of legislation that would tighten scrutiny of foreign investment in order to limit Chinese efforts to acquire sophisticated U.S. technology, three sources familiar with the meeting said.
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Disney is rallying after the new Avengers movie blasts box office records (DIS)
Disney’s “Avengers: Infinity War” broke domestic and international weekend box office records, beating out “Star Wars: The Force Awakens” by more than $2 million. The super-hero flick was also one of the most expensive to produce, accounting for more than 5% of Disney’s Studio Entertainment costs last year. Watch Walt Disney shares trade in real-time here. …read more […]
Business News
Global sales, U.S. spending serve McDonald’s results beat
(Reuters) – McDonald’s Corp blew past analysts’ forecasts for profit and sales on Monday, helped by strength in overseas markets and U.S. consumers on average spending more in its restaurants.
Trading Ideas
3 Top Oil Stocks to Buy Right Now
If you’re seeking value in the oil and natural gas sector, Hi-Crush Partners, Kinder Morgan, and ExxonMobil should be on your short list. …read more […]
Business News
Canada’s stock market opens after rare shutdown; index gains
TORONTO (Reuters) – Canada’s stock exchange, the world’s sixth largest, resumed trading on Monday, after its operator fixed a hardware failure that halted the market for several hours on Friday in a rare trading outage.
Business News
Wall Street rises on strong earnings, M&A boost
(Reuters) – U.S. stocks rose on Monday as strong earnings reports from McDonald’s and a slate of merger announcements lifted sentiment, while inflation worries were kept in check after tepid data on U.S. income and spending.
Trading Ideas
People found a really easy way to make Siri curse
A funny easter egg surfaced over the weekend where you can get Siri to curse.All you have to do is ask your iPhone to define the word “mother.” …read more […]
Business News
Canada’s stock exchanges resume trading, TSX rises to 6-week high
TORONTO (Reuters) – Canada’s stock exchanges resumed trading on Monday after an outage that halted trading for several hours on Friday afternoon, with the country’s main stock index edging up to a nearly six-week high as financials and industrials rose.
Trading Ideas
Is It Time To Buy Enterprise Products Partners LP. (NYSE:EPD)?
Enterprise Products Partners LP. (NYSE:EPD) saw a double-digit share price rise of over 10% in the past couple of months on the NYSE. With many analysts covering the large-cap stock,Read More… …read more […]
Business News
Wall Street opens higher on robust earnings, M&A activity
(Reuters) – U.S. stock indexes opened higher on Monday as strong earnings and a string of mergers lifted spirits, kicking off a busy week for inflation watchers.
Business News
Gourmet burgers, global sales drive McDonald’s results beat
(Reuters) – McDonald’s Corp reported first quarter results that topped analysts’ forecast on Monday, helped by strength in international markets and U.S. consumers opting for more expensive burgers over value meals.
Trading Ideas
Gourmet burgers, global sales drive McDonald's results beat
A multiyear turnaround plan launched by Chief Executive Steve Easterbrook three years ago, has brought menu changes, new technology to stores and restaurant upgrades to drive more traffic. High-margin “gourmet” burgers which offer fresh and more expensive ingredients, costing $6 or $7 a time compared to the chain’s $1 to $3 value options, raised the overall average U.S. check value. Sales at McDonald’s U.S. restaurants rose 2.9 percent, topping analysts expectations of 2.7 percent, according to Thomson Reuters I/B/E/S. …read more […]
Trading Ideas
Trump tweets that journalism dinner is dead, total disaster
President Donald Trump is again railing against the annual White House Correspondents’ Association dinner amid criticism of the comedian who roasted his spokeswoman. Trump says on Twitter Monday: “The … …read more […]
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Broadcom says weak wireless chip demand to hurt revenue forecast
(Reuters) – Chipmaker Broadcom (AVGO.O), which counts Apple Inc (AAPL.O) among its customers, on Monday cut the top end of its previously issued second-quarter revenue forecast, citing weak demand for … …read more […]