Trading Ideas

Cleveland-Cliffs will buy AK Steel in a stock deal valued at about $1.1 billion. The companies say the tie-up will create a vertically integrated company that pairs Cleveland-Cliff’s iron ore pellet production with AK Steel’s rolled and stainless steel operations. Cleveland-Cliffs is the largest producer of iron ore pellets in North America. …read more […]

As an investor its worth striving to ensure your overall portfolio beats the market average. But the risk of stock… …read more […]

Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund, has suspended stock lending for short selling, calling the practice inconsistent with its responsibilities as a long-term investor. The move, announced by the GPIF on Tuesday, is a blow for short sellers, who rely on securities lending to bet against companies and who are facing renewed moves in a number of countries to curb their activities. “The current stock lending scheme lacks transparency in terms of who is the ultimate borrower and for what purpose they are borrowing,” the GPIF said on its website. …read more […]

(Bloomberg) — The U.S. has been warning other countries not to buy telecommunications gear from China’s Huawei Technologies Co. and ZTE Corp. The government will soon put real money behind the effort.A new agency, called the U.S. International Development Finance Corporation, plans to tap some of its $60 billion budget to help developing countries and businesses purchase equipment from other companies.“The U.S. is very focused on ensuring there’s a viable alternative to Huawei and ZTE. We don’t want to be out there saying no. We want to be out there saying yes,” Adam Boehler, the first chief executive officer of …read more […]

U.S. stock index futures slipped on Tuesday after President Donald Trump said a trade deal with China might have to wait until after the U.S. presidential election in November 2020, sparking fears of a delay in resolving the tariff dispute. “I have no deadline, no. In some ways I think it’s better to wait until after the election with China,” Trump told reporters in London where he was due to attend a meeting of NATO leaders. Technology stocks including Apple Inc as well as chipmakers and industrial stocks, which are trade-sensitive, fell in premarket trading. …read more […]

Three pharmacy chains, including Walgreens Boots Alliance, have filed a lawsuit against drugmakers Bausch Health Inc, Assertio Therapeutics and Lupin Ltd, seeking damages for overcharging for Bausch’s diabetes drug Glumetza. The lawsuit, filed on Monday, alleges that Assertio and Lupin struck a deal with units of Bausch to delay the entry of their generic versions of Glumetza and allowed the companies to “maintain a monopoly” in the sale of the branded drug and its generic copies. …read more […]

Terry Gou, the billionaire founder of Apple supplier Foxconn, said on Tuesday he would discuss investment and the China-U.S. trade war while in the United States, adding that he may get to meet U.S. President Donald Trump again. Gou, Taiwan’s richest person with a net worth of $7.6 billion according to Forbes, stepped down as chief of Foxconn this year, handing over the running of the company to an operations committee. Gou, who is attending the White House Christmas party as part of his 10-day trip, met Trump in Washington in May to discuss the Taiwanese company’s planned …read more […]

Elon Musk is known for his eccentric, sometimes controversial use of Twitter. Now, Tesla Inc’s chief executive may have to pay for using Twitter to brand someone a pedophile. Musk is expected on Tuesday to go on trial for allegedly defaming Vernon Unsworth, a British cave explorer who gained international renown for playing a lead role in the rescue of 12 boys and their soccer coach from the Tham Luang Nang Non cave in Thailand in July 2018. …read more […]

Vietnamese startup Bamboo Airways said on Tuesday it will take delivery of a Boeing 787-9 Dreamliner this month, its first wide-body aircraft, and aims to start direct flights to the United States by early 2021. The plane will be the first that Bamboo owns, Vice Chairman Dang Tat Thang said, adding that the airline currently operates 20 leased Airbus aircraft. “The new wide-body aircraft will enable us to launch our direct flights to the United States, in late 2020 or early 2021,” Thang told a press conference. …read more […]

Drawing a distinction with other Democratic candidates, Mayor Pete Buttigieg released a health plan on Tuesday that pushes toward universal health coverage by focusing more on the social determinants of health. …read more […]

Does the December share price for Fresnillo Plc (LON:FRES) reflect what it’s really worth? Today, we will estimate the… …read more […]

Today we’ll evaluate Pan American Silver Corp. (TSE:PAAS) to determine whether it could have potential as an… …read more […]

David Iben put it well when he said, ‘Volatility is not a risk we care about. What we care about is avoiding the… …read more […]

India is considering setting an experience threshold for pilots who fly Boeing’s 737 MAX planes, as it moves to ensure safety once the aircraft returns to service, a senior official of the air safety regulator told Reuters. The 737 MAX, the fastest-selling plane in the history of Boeing, has been grounded worldwide since March, after 346 people were killed in two crashes in five months. Boeing is making software changes, readying a new pilot training plan and must run a key certification test flight to get approval from the U.S. regulator, the Federal Aviation Administration (FAA), before …read more […]

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. France’s government said the European Union would retaliate if the U.S. follows through on a threat to hit about $2.4 billion of French products with tariffs over a dispute concerning how large tech companies are taxed.“It’s not worthy of an ally, and it’s not the behavior we expect from the U.S. toward one of its main allies, France, and more generally, Europe,” French Finance Minister Bruno Le Maire said on Radio Classique on Tuesday. “If there were new U.S. sanctions, …read more […]