Trading Ideas
Ford’s decision to kill most of its cars was inevitable
American drivers have made up their mind. Bigger is most certainly better and …read more […]
Articles by admin
Trading Ideas
Sprint, T-Mobile set to announce a $26 billlion merger that values Sprint near its market value, sources say
T-Mobile and Sprint are near a merger agreement that would value Sprint near its closing market price of around $6.50 per share. …read more […]
Trading Ideas
Deadly violence erupts again in Gaza at Israeli border fence
Hundreds of Palestinians converged on the Gaza Strip’s border fence with Israel on Friday, trying to burn and rip through it before drawing heavy Israeli fire in one of the most violent incidents yet in … …read more […]
Business News
Passenger sues Southwest Airlines over fatal engine explosion
NEW YORK (Reuters) – A lawsuit against Southwest Airlines Co has been filed by a passenger who was flying on last week’s flight 1380, in which an engine exploded and one person was killed.
Business News
Canada stock markets shut down due to exchange issues: TMX
TORONTO (Reuters) – Canada’s stock market, the world’s sixth largest, abruptly shut down Friday after an unidentified outage cut market participants off from the country’s main exchanges.
Business News
S&P 500 ends barely higher; Amazon a boost
NEW YORK (Reuters) – The S&P 500 and Nasdaq closed slightly higher on Friday as inflation worries and some struggling technology and energy stocks were offset by an advance in the consumer discretionary sector, led by Amazon.
Business News
Wall Street mixed up as inflation worries counter earnings boost
(Reuters) – Wall Street struggled for direction on Friday as inflation jitters and sagging technology and energy stocks offset an advance in the consumer discretionary sector led by Amazon.
Trading Ideas
Britain’s new prince is first Louis in more than a century
The new prince has a name — in fact three. The infant son of the Duke and Duchess of Cambridge has been named Louis Arthur Charles, Kensington Palace announced Friday. The palace said the baby’s full title … …read more […]
Trading Ideas
Boeing nears deal to buy aerospace parts company KLX – WSJ
Boeing Co is nearing a deal to buy aerospace parts company KLX Inc to expand into the aircraft-services business, the Wall Street Journal reported on Friday, citing people familiar with the matter. KLX’s shares jumped about 8 percent to $78.98 while Boeing’s shares were flat at around $341.74. KLX was not immediately available for comment, while Boeing declined to comment. …read more […]
Business News
Better battery packaging on planes overlooks other safety concerns: airlines
MONTREAL/SINGAPORE (Reuters) – New global packaging standards expected in late 2018 will allow lithium-ion batteries back into passenger plane cargo holds, pending design and regulatory approval, but some airlines say the new rule overlooks other safety concerns.
Business News
Refining margins hurt Exxon, Chevron quarterly results
HOUSTON (Reuters) – Weak refining margins hurt Exxon Mobil Corp and Chevron Corp’s first-quarter profit, cutting into overall gains from rising oil prices.
Trading Ideas
Report: Russian lawyer at Trump Tower worked with government
An organization established by an exiled Russian tycoon says it has obtained emails showing collaboration between Russian government officials and the lawyer who met with Donald Trump Jr. in 2016 and has denied having connections to the Kremlin. The emails the Dossier organization said it was sent suggest Natalia Veselnitskaya worked closely with a top official in Russia’s prosecutor-general’s Office to fend off a U.S. fraud case against one of her clients. Veselnitskaya has denied connections to the Russian government since her meeting with then-candidate Donald Trump’s son, son-in-law Jared Kushner and campaign chairman Paul Manafort surfaced during …read more […]
Business News
Wall Street edgy as inflation fears rise, earnings boost fades
(Reuters) – Wall Street moved to a defensive mode on Friday, shifting into safer equity sectors as economic data raised the specter of inflation and possible interest rate hikes, while technology shares pulled back after an initial surge.
Business News
Deutsche Bank likely to axe 1,000 U.S. investment bank jobs: source
FRANKFURT (Reuters) – Deutsche Bank is expected to cut around 1,000 jobs or 10 percent of its workforce in the United States, a person familiar with the matter said on Friday, as the German lender scales back its global investment banking ambitions.
Trading Ideas
Tesla shareholder wants to remove Elon Musk from chairman position
Ahead of Tesla’s annual shareholder meeting in June, stockholder Jing Zhao …read more […]