Trading Ideas

(Bloomberg) — Turkey threatened to release a new wave of refugees toward Europe after western allies were cool to its calls for assistance in the wake of the deadliest day so far for Turkish forces in Syria.The statement, by President Recep Tayyip Erdogan’s communications director, came shortly after a European Union spokesman said it had received no information from Turkey on a change in its policy on migrants.The latest escalation came after 33 Turkish troops were killed and dozens more wounded in airstrikes in northwestern Syria Thursday, triggering a retaliatory strike against Syrian government forces. Russia, which backs Syrian President …read more […]

Twitter is one of the few U.S. technology companies headed, but not controlled, by one of its founders. It has given shareholders equal voting rights, making Dorsey, who owns only about 2% of the company, vulnerable to a challenge from an activist investor such as Elliott. Twitter shares fell last year when the company disclosed that its platform experienced glitches that hindered its ability to target ads and share data with partners. …read more […]

With concerns of the coronavirus growing into a pandemic and shoppers stocking up, experts say consumers will find more empty shelves by mid-April. …read more […]

(Bloomberg) — China’s factory activity fell to the weakest level on record after weeks of closures caused by the coronavirus outbreak, while the number of cases in South Korea continued to soar.California had its second infection from an unknown origin. The U.S. raised its travel advisory for virus-hit Italy. Federal Reserve Chairman Jerome Powell said the U.S. central bank is prepared to cut interest rates.As U.S. equities suffered their worst week since the financial crisis, President Donald Trump said his administration is prepared for “the worst.” Acting White House Chief of Staff Mick Mulvaney said school closures in the U.S. …read more […]

(Bloomberg) — Activist investor Elliott Management Corp. has taken a sizable stake in Twitter Inc. and plans to push for changes at the social media company, including replacing Chief Executive Officer Jack Dorsey, according to people familiar with the matter.The New York-based firm has nominated four directors to Twitter’s board, said the people, who asked to not be identified because the matter isn’t public.There are only three seats becoming available at this year’s annual meeting but Elliott wanted to ensure that it nominated enough directors to fill all three seats or any other vacancies that may arise, the people said. …read more […]

United Airlines Holdings Inc said on Friday it was sharply cutting flights to Japan and South Korea, as travelers worried about the coronavirus outbreak slash ticket purchases for those destinations. It also canceled its investor day that had been due to be held on March 5. With investors firmly focused on how the company is managing the near-term impact of the coronavirus, United said it was not “practical to expect that it can have a productive conversation focused on its long-term strategy next week.” …read more […]

Markets are hit with coronavirus fears, but businesses with these characteristics will be quicker to rebound Continue reading… …read more […]

A recap of all Fedspeak from this week’s wild market sell-off, spurred by Coronavirus fears. …read more […]

(Bloomberg) — It is an odd moment for gold to be tumbling. One of the oldest and most-trusted safe havens in times of crises, gold typically rallies amid nasty stock sell-offs like the one that has gripped the world this week.So its plunge Friday — it fell as much as 5%, the most in almost seven years — caught many traders flat-footed and scrambling for explanations as to what had just happened. The most often heard of them: Gold investors don’t want to sell but are forced to cover the losses in other asset classes.“It’s bloodshed,” Commerzbank AG analyst Carsten …read more […]

Harley-Davidson CEO Matthew Levatich is leaving the struggling motorcycle maker. The Milwaukee company announced Friday that Levatich will leave his post and seat on Harley’s board of directors. Board member Jochen Zeitz will become acting president and CEO while a board search committee is formed and Harley hires an outside search firm to fill the job. …read more […]

“The board and Matt mutually agreed that now is the time for new leadership at Harley-Davidson,” Zeitz said. Harley has, for years, failed to increase sales in the United States, its top market, which accounts for more than half of its motorcycles sold. Harley’s bike sales in the United States last year were the lowest in at least 16 years. …read more […]

(Bloomberg) — The bloodbath in the global markets is taking the bonds of some struggling U.S. oil and gas explorers to highly distressed levels as their stock slump accelerates.The coronavirus scare that’s sending markets worldwide on a collective nosedive is adding to growing investor animosity toward a sector that has burned borrowed cash, while failing to deliver on returns.Drillers’ fall from grace has worsened as shareholders increasingly demand they shift their focus to generating cash flow, instead of increasing production at any costs. Now, as bonds collapse, they face the double whammy of upset investors on both sides of capital …read more […]

Stay ahead of the coronavirus and prepare now, says one leading health expert. …read more […]

Shares of cruise line operators climbed higher on Friday, bucking the trend of a broader sell-off as the coronavirus continued to sink markets. Yahoo! Finance’s Ines Ferre joins The Final Round live from the floor of the New York Stock Exchange to discuss. …read more […]

The dow falls more than 900 points Friday as stocks are on pace for worst week since 2008 financial crisis. Thomas Hayes, Great Hill Capital chairman, says Wall Street is having a fire sale and no one shows up. He joins Dan North, Euler Hermes’ chief economist and Yahoo Finance’s Seana Smith on The Ticker to discuss. …read more […]