Trading Ideas

While some investors are already well versed in financial metrics (hat tip), this article is for those who would like… …read more […]

(Bloomberg) — Gulf Arab energy companies took on marginally more total debt in 2019 compared with the previous year, but the increase was skewed by a surge in borrowing by Saudi Aramco and its refining joint venture.Excluding new Saudi loans and bonds of $15.6 billion, energy-company debt in the oil-rich region tumbled by two-thirds, according to data compiled by Bloomberg.Lending was particularly sluggish in the second half of 2019, when these companies borrowed just $5.5 billion — the lowest level in three years. Aramco’s majority-owned Satorp refinery venture alone accounted for $3.6 billion of all second-half debt.Energy companies in the …read more […]

Today we’ll look at YETI Holdings, Inc. (NYSE:YETI) and reflect on its potential as an investment. To be precise… …read more […]

Daimler sold 2.34 million Mercedes-Benz passenger cars in 2019 for a ninth consecutive year of record sales, it said on Thursday, putting the German carmaker in pole position to retain the title of biggest-selling premium car brand. Stuttgart-based Daimler claimed it had retained the title of best-selling luxury car brand. As a carmaking group, BMW sold 2.52 million vehicles last year to beat Daimler’s 2.46 million Mercedes-Benz and Smart vehicles over the same period. …read more […]

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Ethereum research scientist Virgil Griffith has now been formally charged for allegedly assisting North Korea in learning more about blockchain and cryptocurrencies. Inner City Press reported the news on Wednesday, saying that Griffith has been indicted for “conspiracy to violate the International Emergency Economic Powers Act.” Griffith was arrested in November on federal charges of […]The post Ethereum researcher Virgil Griffith has now been formally indicted in North Korea case appeared first on The Block. …read more […]

U.S. President Donald Trump said last week that the ‘phase one’ deal with China, which will reduce U.S. tariffs in exchange for a boost in Chinese purchases of certain American goods, would be signed on Jan. 15. Long positions on the Chinese yuan were at their highest since March last year, a poll of 16 respondents showed. “Given that the Chinese yuan is holding below the 7.0 level against the U.S. dollar, that is offering some measure of support for regional currencies,” Han Tan, a market analyst at FXTM said. …read more […]

(Bloomberg) — Indian equities rose, tracking global markets, as the price of crude oil, the nation’s biggest import, steadied after the U.S. and Iran appeared to be stepping back from a military conflict.The S&P BSE Sensex Index advanced 1.1% to 41,247.01 as of 9:33 a.m. in Mumbai. Global stocks rallied after U.S. President Donald Trump on Wednesday said that he would impose new sanctions on Iran while offering the country a diplomatic opening. The NSE Nifty 50 Index also rose by 1.1%.India’s monthly factory output data, due Friday, along with earnings from Infosys Ltd. marking the start of quarterly reporting …read more […]

Macy’s is reportedly closing more than two dozen stores in the next couple months, according to local media reports. Is your store on the list? …read more […]

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(Bloomberg) — American Express Co. cleared a key hurdle in its bid to accessing China’s $27 trillion payments market after the central bank accepted its application to start a bank card clearing business.The People Bank of China made the announcement on its official Wechat account Wednesday, without giving more details. The decision to accept the application signals that it’s moving closer to final approval.AmEx in November 2018 became the first foreign company to win permission to start preparation for the business after forming a joint venture with LianLian, a Chinese fintech-services firm.The latest move shows progress in U.S. payment networks’ …read more […]

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Other members of the top tier rewarded shareholders with solid gains, led by Roche Continue reading… …read more […]