Trading Ideas

(Bloomberg) — Teva Pharmaceutical Industries Ltd’s may pay triple its usual borrowing costs for its planned $1.5 billion bond sale as investors demand more for holding its debt on account of its links to the U.S. opioid epidemic, according to investors approached about the deal.The Israel-based drugmaker is meeting with debt investors in London and New York this week for its first debt issue since being hit early this year with billions of dollars in potential liabilities from lawsuits. Bankers marketing the January 2025 U.S. and euro-denominated non call notes are targeting yields of around 8% and 6% respectively, according …read more […]

Investors may wish to note that the Independent Director of Xilinx, Inc., J. Patterson, recently netted US$96k from… …read more […]

The streaming service went live in the U.S., Canada and Netherlands with some Android users having difficulty opening the app. Yahoo Finance’s Brian Sozzi, Alexis Christoforous, Dan Roberts and Wedbush Securities Dan Ives discuss on The First Trade. …read more […]

While trying to access the service, users were greeted by an image of “Mickey Mouse” on a blue screen, with a message asking them to exit the app and try again. Disney did not immediately respond to Reuters’ request for comment. …read more […]

Juul Labs Inc will cut nearly $1 billion in costs next year, a company official said on Tuesday, as its new chief executive officer tries to turn around the e-cigarette maker following a regulatory crackdown. K.C. Crosthwaite, a former executive at major shareholder Altria, is tasked with fixing the company’s battered public image and shrinking valuation as the regulatory moves on vaping threaten to upend the fast-growing industry. The official also said Juul would cut around 650 jobs, or 16% of its 4,051 strong workforce, starting Tuesday. …read more […]

Juul Labs Inc will cut nearly $1 billion in costs next year, a company official said on Tuesday, as its new chief executive officer tries to turn around the e-cigarette maker following a regulatory crackdown. K.C. Crosthwaite, a former executive at major shareholder Altria, is tasked with fixing the company’s battered public image and shrinking valuation as the regulatory moves on vaping threaten to upend the fast-growing industry. The official also said Juul would cut around 650 jobs, or 16% of its 4,051 strong workforce, starting Tuesday. …read more […]

It’s really great to see that even after a strong run, United Rentals (NYSE:URI) shares have been powering on, with a… …read more […]

It’s only natural that many investors, especially those who are new to the game, prefer to buy shares in ‘sexy’ stocks… …read more […]

It’s only natural that many investors, especially those who are new to the game, prefer to buy shares in ‘sexy’ stocks… …read more […]

Disney+ and Apple TV+ launched in the same month, but that’s about all they have in common. …read more […]

Long term investing works well, but it doesn’t always work for each individual stock. It hits us in the gut when we… …read more […]

LOS ANGELES (AP) _ Aecom Technology Corp. (ACM) on Tuesday reported a fiscal fourth-quarter loss of $474.2 million, after reporting a profit in the same period a year earlier. Earnings, adjusted for one-time gains and costs, came to 79 cents per share. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 81 cents per share. …read more […]

JetBlue Airways Corp on Tuesday became the latest U.S. airline to launch a low-fare option in an effort to rival basic economy offerings from major airlines and meet competition from ultra low-cost carriers. The new fare, to be called “Blue Basic,” will allow one carry-on bag – space permitting – and free seat selection 24 hours before the flight, but those passengers will be the last to board the plane. “There is a growing customer segment that really values low fares and that are willing to trade off certain benefits,” JetBlue President Joanna Geraghty told Reuters. …read more […]

Clearfield, Inc. (NASDAQ:CLFD), which is in the communications business, and is based in United States, received a lot… …read more […]

Budget airline Norwegian Air said on Tuesday it will add three more non-stop routes from the United States to Europe next summer, as the Norway-based carrier looks to expand its services to sought-after European destinations. The announcement of new routes comes at a time when Europe’s third-largest low-cost carrier by passenger numbers, after Ryanair and easyJet, has been making major inroads in the market for transatlantic travel, but has hemorrhaged cash in the process. Norwegian was left with a whopping 61.7 billion crowns of interest bearing debt at the end of the third quarter ended September, around ten …read more […]