Trading Ideas

Shares of online mattress company rallied in their debut on the New York Stock Exchange on Thursday, but only because the company slashed its expected price range at the last minute. “It’s all about going public today,” he said. …read more […]

As health officials worldwide work to contain the coronavirus, a top-ranked U.S. health official says the public should expect more virus outbreaks like it in the coming years. …read more […]

Investors in Activision Blizzard, Inc. (NASDAQ:ATVI) had a good week, as its shares rose 5.2% to close at US$61.53… …read more […]

German aircraft engine maker MTU Aero Engines expects Boeing to offer two jet engines for the successor model to its 737 plane, its chief executive told a weekly paper, adding this could double MTU’s market share in the segment. Airbus offers engines from two manufacturers for its A320neo aircraft: CFM International LEAP, a 50-50 joint venture between GE and France’s Safran; and United Technologies’ Pratt & Whitney, which is being supplied by MTU Aero Engines. …read more […]

It’s no secret that blue chip stocks are a favorite of investors around the world. They are certainly part of our strategy here at InvestmentU as well. These safe, established, and many times dividend paying companies have proven their worth in both bull and bear markets. So let’s take a look at the best blue chip stocks of 2020.

What Are Blue Chip Stocks?
A blue chip stock is a representation of a highly valued financially sound entity that is nationally respected, especially on Wall Street. A blue chip company is known for selling a variety of products and services of sound …read more […]

SHENZHEN, China/BEIJING, Feb 8 (Reuters) – The Chinese economy will sputter towards normal on Monday after the coronavirus outbreak forced an extended holiday, although numerous stores and factories will remain shut and many white collar employees will continue working from home. The usually week-long Lunar New Year holiday was extended by 10 days in much of China amid mounting alarm over an epidemic that as of Saturday morning had killed 722 people. Huge cities including Beijing and Shanghai seem like ghost towns, with shops and restaurants closed or empty, and as containment measures including transportation curbs are enforced …read more […]

GlaxoSmithKline plc (LON:GSK) shares fell 4.7% to UK£17.00 in the week since its latest yearly results. The result was… …read more […]

U.S. electric carmaker Tesla’s factory in China’s financial hub of Shanghai will resume production on Feb. 10 with assistance to help it cope with a spreading epidemic of coronavirus, a Shanghai government official said on Saturday. Tesla warned on Jan. 30 that it would see a 1-1.5 week delay in the ramp-up of Shanghai-built Model 3 cars as a result of the epidemic, which has severely disrupted communications and supply chains across China. “In view of the practical difficulties key manufacturing firms including Tesla have faced in resuming production, we will coordinate to make all efforts to help …read more […]

The United States and the European Union could team up to counter the dominance of China’s Huawei Technologies in next-generation 5G telecoms technology, but not if Washington continues to threaten tariffs against Brussels, a senior German conservative lawmaker said late on Friday. Norbert Roettgen, a member of German Chancellor Angela Merkel’s Christian Democrats, said he told U.S. officials during a visit to Washington that he saw opportunities for greater transatlantic cooperation on 5G that would benefit both sides. …read more […]

Q4 2019 Pandora A/S Earnings Call …read more […]

(Bloomberg) — Uber Technologies Inc. and Postmates Inc. are unlikely to put a quick stop to a landmark California law they call a monstrous threat to their business models.A judge signaled Friday that she’s inclined to reject a request to temporarily shield the companies from Assembly Bill 5, which is aimed at converting gig-economy workers from independent contractors to employees with benefits.Uber and Postmates sought a preliminary injunction, an order insulating their drivers from A.B. 5’s protections, while they challenge the measure as unfair and unconstitutional. Reclassifying drivers as employees will add 20% to 40% in labor costs, the companies …read more […]

(Bloomberg) — PG&E Corp. said it aims to shrink the breadth and duration of intentional blackouts during California’s wildfire season after enduring widespread criticism of its aggressive shutoffs last autumn.The bankrupt company wants to reduce the average geographic reach of deliberate blackouts by one-third and will try to restore power to affected areas 12 daylight hours after unsafe conditions pass. The goals are part of a broader wildfire safety plan that California’s largest utility filed with state regulators Friday.PG&E, forced into bankruptcy after its equipment was blamed for sparking deadly wildfires, took the extreme measure of widespread shutoffs last year …read more […]

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world threatened by trade wars. Sign up here. The U.S. is deploying drones and other technology as it scours for potential rare-earths reserves at home and abroad to wean the nation off its dependence on Chinese imports.“We’ve been almost 100% dependent on foreign sources of rare earth elements for industrial applications,” Jim Reilly, director of the U.S. Geological Survey, said. “It’s not only the domestic sources of the resource that we concentrate on. We look for those resources literally across the globe, and then we build collaboration with …read more […]

With the latest drop in rates, a refinance would save borrowers an average $268 a month. …read more […]

Win a free book just for knowing the Oracle of Omaha’s mind Continue reading… …read more […]