Trading Ideas

Ryanair may only receive its first delivery of the grounded 737 MAX aircraft from Boeing in October, chief executive Michael O’Leary said in an interview with German magazine Wirtschaftswoche. The 737 MAX, Boeing’s fastest-selling aircraft, has not flown since last March following two crashes which claimed 346 lives. O’Leary told Reuters last month that Ryanair may not receive any MAX aircraft in time for its summer season. …read more […]

The simplest way to invest in stocks is to buy exchange traded funds. But one can do better than that by picking… …read more […]

The sale of new electric cars in Norway rose by 30.9% last year amid soaring demand for Tesla Inc’s vehicles, but the pioneering U.S. firm faces rising competition from rival auto makers in 2020. Fully electric cars made up 42.4% of sales in the Nordic nation last year, a global record, rising from a 31.2% market share in 2018 and just 5.5% in 2013, the Norwegian Road Federation said on Friday. Seeking to become the first country to end the sale of fossil-fueled cars by 2025, Norway exempts battery-powered vehicles from the taxes imposed on petrol and diesel …read more […]

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

(Bloomberg Opinion) — It’s always easier to put up a barrier on an empty road than a busy highway.That’s worth remembering in light of recent reports that China has temporarily suspended cross-border listings between the Shanghai and London stock exchanges. The halt is a response to the U.K.’s stance on pro-democracy protests in Hong Kong, Bloomberg News reported, citing a person familiar with the matter, and any resumption would depend on how diplomatic relations proceed. On Friday, China denied the reports that the link had been halted. The China Securities Regulatory Commission, the country’s securities watchdog, said operations at the …read more […]

Dividend paying stocks like Finnair Oyj (HEL:FIA1S) tend to be popular with investors, and for good reason – some… …read more […]

In this article we are going to estimate the intrinsic value of China Dongxiang (Group) Co., Ltd. (HKG:3818) by… …read more […]

(Bloomberg) — The dollar had an awful December and things may only get worse.That’s the view of a growing number of fund managers and strategists including those at M&G Investments Ltd., Brandywine Global Investment Management and ABN Amro Bank NV. A truce in the U.S.-China trade war, improving global growth and a shrinking yield premium on U.S. Treasuries will undermine the currency, they said.“We expect to see better growth in the rest of the world ex-USA,” said Jack McIntyre, a portfolio manager at Brandywine Global Investment Management in Philadelphia. “The primary driver of dollar weakness will be a shift in …read more […]

Ryanair is prepared for further delays to the delivery of its Boeing 737 MAX airliners, its chief executive Michael O’Leary told German magazine Wirtschaftswoche, adding that he would only discuss compensation after the aircraft had been delivered. The 737 MAX airliner has been grounded since March following two crashes which claimed 346 lives. One of the world’s largest airlines, Ryanair has ordered 135 of the jets. …read more […]

(Bloomberg) — Peninsula Land Ltd., an Indian property developer, blamed overdue rent from Prime Minister Narendra Modi’s government for missing a 23.5 million rupees ($330,000) debt payment.It couldn’t pay State Bank of India on time because India’s tax departments, which had leased office space from Peninsula, were delaying rent payments, the company said in a filing on Thursday. The loan used rent receipts as collateral, a facility where the rent often goes straight to the bank rather than to the property owner, it said.Peninsula used its own resources to pay the loan and “regularized” the account, the company said, in …read more […]

(Bloomberg) — NWP Retail, a shopping mall developer backed by Warburg Pincus LLC, will spend $123.5 million buying five Lippo shopping malls in Indonesia.Two shopping malls will be acquired from the Indonesian units of Singapore-listed Lippo Malls Indonesia Retail Trust for $92 million while another three will be bought for $31.5 million from entities owned by PT Multipolar.The acquisitions represent “a milestone in NWP Retail’s rapid expansion,” CEO Timothy Daly said in an emailed statement Tuesday. “It will strengthen the company’s presence across key markets in tier 1 and tier 2 cities in Indonesia.”NWP Retail, a joint venture between Warburg …read more […]

American is talking to Boeing about compensation for grounded planes and canceled flights. …read more […]

(Bloomberg) — Gold jumped to the highest in almost four months after a U.S. airstrike killed one of Iran’s most powerful generals, ratcheting up tensions in the Middle East and spurring demand for haven assets.The strike in Baghdad ordered by President Donald Trump killed Qassem Soleimani, the Iranian general who led the Revolutionary Guards’ Quds force, the Defense Department said. Iran’s supreme leader, Ayatollah Ali Khamenei, has vowed that “severe retaliation” awaits those who killed the commander.Bullion is already building on its stellar 2019 rally as the dollar weakens, and the return of geopolitical concerns to the foreground will further …read more […]

India’s gold imports in 2019 fell 12% from a year ago to the lowest level in three years as retail buying faltered in the second half after local prices rallied to a record high, a government source said on Friday. Lower buying by the world’s second biggest consumer of the precious metal could weigh on global prices that jumped 18% in 2019, but help New Delhi bring down the trade deficit and support the rupee. India imported 831 tonnes of gold in 2019, down from 944 tonnes a year ago, the source said, who is not authorised to …read more […]

(Bloomberg) — The tone in global financial markets has turned cautious after a U.S. airstrike killed a top Iranian commander, fueling concern over an escalation in tensions.U.S. stock futures dropped and Asian shares reversed gains, while oil spiked along with the yen and gold. Qassem Soleimani, a feared Iranian general who through proxy militias extended his country’s power across the Middle East, was killed at the direction of U.S. President Donald Trump. The risk-off move deepened after Iran’s supreme leader, Ayatollah Ali Khameini, said “severe retaliation” awaited Soleimani’s killers.The shock news comes after most asset classes had a stellar 2019, …read more […]