Trading Ideas

Shares of Lockheed rose 2.5% in premarket trading, after the company said it delivered 134 F-35 fighter jets to the United States and its allies in 2019, a 47% increase from a year earlier. Defense contractors General Dynamics, Lockheed and Northrop Grumman Corp are expected to outperform this year, in line with the sector’s general pattern during presidential election years. U.S.-Iran tensions over the past few months have also helped build momentum for defense purchases, benefiting Lockheed and other weapons makers, analysts have said. …read more […]

Headlines moving the stock market in real time. …read more […]

As coronavirus spreads to top 2,900 global cases, Dr. Oz is raising concerns that a prolonged incubation period could hinder quarantine efforts. …read more […]

Today we’ll evaluate Cleveland-Cliffs Inc. (NYSE:CLF) to determine whether it could have potential as an investment… …read more […]

Top news and what to watch in the markets on Tuesday, January 28, 2020. …read more […]

(Bloomberg) — Want the lowdown on European markets? In your inbox before the open, every day. Sign up here.SAP SE raised its outlook for adjusted operating profit but cloud revenue forecasts wavered, as the software giant’s new chief executive officers’ plot how to compete with U.S. rivals.Europe’s biggest tech company by market value has spent the past few years concentrating on growing its cloud business.However SAP’s fourth-quarter results were “mixed,” analysts at MainFirst said, adding that while licenses and operating margins were ahead of predictions, cloud revenues came in below expectations.The company’s shares fell as much as 2.7% in early …read more […]

(Bloomberg Opinion) — Whenever it’s seemed like Airbus SE might steal a march on Boeing Co., something has come along to throw a spanner in the works. A decade ago Airbus was consistently delivering more planes than its arch-rival but its competitiveness was eroded by the strong euro and the nightmare of building the ill-fated A380 superjumbo.Until the two recent fatal crashes involving the Boeing 737 Max, it seemed like a similar story. While both companies had brimming order books, Boeing’s cash flow was going through the roof and Airbus was bedeviled by production difficulties on new commercial aircraft and …read more […]

(Bloomberg) — President Rodrigo Duterte is cracking down on some of the Philippines’ biggest businesses, pushing a populist agenda that’s endearing him to his supporters while putting off investors.The nation’s stock market has dropped as much as 11% from its 2019 peak and valuation has fallen to its lowest since 2011 relative to peers as Duterte stepped up his attacks last month. The 74-year-old leader whose drug war has killed thousands saw his popularity hit a new high last quarter.The benchmark index fell 1.6% on Tuesday, its second straight day of decline. Duterte is scheduled to have a televised interview …read more […]

At Exxon Mobil Corp , CEO Darren Woods’ plan to revive earnings at the largest U.S. oil and gas company is being sidetracked by the two businesses he knows best: chemicals and refining. Another year of poor profit could require Exxon to re-evaluate its bold spending plans or weaken its ability to weather the next oil-price downturn, say oil analysts. Exxon already must borrow or sell assets to help cover shareholder dividends. …read more […]

Spot gold fell 0.1% to $1,579.38 per ounce by 0456 GMT, after hitting a near three-week peak on Monday. U.S. gold futures edged higher by 0.1% to $1,578.10. Gold prices rose for the past four sessions as the spread of the coronavirus rattled financial markets and prompted authorities to impose travel restrictions and extend the Lunar New Year holidays. …read more […]

(Bloomberg) — Apple Inc.’s China-centric manufacturing base is at risk of disruption after the Lunar New Year holiday as the company’s partners confront the coronavirus outbreak that has gripped the country and caused more than 100 deaths.Virtually all of the world’s iPhones are made in China, primarily by Foxconn’s Hon Hai Precision Industry Co. at its so-called iPhone City in Zhengzhou and by Pegatron Corp. at an assembly site near Shanghai. Each of those locations is more than 500 kilometers away from Wuhan in central China, the epicenter of the viral outbreak, but that distance doesn’t immunize them from its …read more […]

Last week, you might have seen that Telefonaktiebolaget LM Ericsson (publ) (STO:ERIC B) released its full-year result… …read more […]

(Bloomberg) — Asian stocks and Chinese futures slumped again on Tuesday, though contracts on U.S. equity benchmarks edged up, as investors tried to gauge the magnitude of economic damage from the coronavirus.Japanese shares headed for their worst back-to-back daily losses since last August’s trade-war worries. South Korean stocks slumped more than 3% as that market reopened after holidays, and Australia’s benchmark also underperformed. The yuan stabilized after a sharp slide Monday that left it at its weakest since December, and the yen gave up a sliver of recent gains. Treasuries also steadied, and the sell-off in crude oil moderated. But …read more […]

Earnings season kicks into higher gear Tuesday with a slew of quarterly reports, but investors will be paying especially close attention to tech giant Apple and chipmaker Advanced Micro Devices. …read more […]

Asian stocks extended a global selloff on Tuesday as China took more drastic steps to combat the coronavirus, while bonds found favour on expectations central banks would need to keep stimulus flowing to offset the likely economic drag. As the death toll reached 100 and the virus spread to more than 10 countries, including France, Japan and the United States, some health experts questioned whether China can contain the epidemic. China has already extended the Lunar New Year holiday to Feb. 2 nationally, and to Feb. 9 for Shanghai. …read more […]