Trading Ideas

Civil rights activist Reverend Al Sharpton said he had a “no-holds-barred meeting” with Mark Zuckerberg at the Facebook Inc CEO’s home on Monday over the company’s decision not to fact-check ads and other content from politicians. The meeting, which Sharpton said lasted nearly two hours at Zuckerberg’s Palo Alto house, included multiple civil rights activists and Facebook’s Chief Operating Officer Sheryl Sandberg. …read more […]

Asian shares vaulted to six-month highs on Tuesday, surpassing their July peaks, as hopes that Washington may roll back some of the tariffs it has imposed on imports from China shored up optimism on the global economic outlook. The CSI300 of mainland Chinese shares jumped 1.3% to move above double-tops marked in the past two months to hit their highest levels since late April, also helped by the People’s Bank of China cutting a medium-term lending rate. …read more […]

Q3 2019 Danske Bank A/S Earnings Call …read more […]

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. China is seeking the roll back of U.S. tariffs on as much as $360 billion of Chinese imports before President Xi Jinping agrees to go to the U.S. to sign a partial trade deal with President Donald Trump, according to people familiar with the matter.Negotiators asked the Trump administration to eliminate tariffs on about $110 billion in goods that were imposed in September and lower the 25% tariff rate on about $250 billion that began last year, said some of …read more […]

Analyzing ASR Nederland N.V.’s (ENXTAM:ASRNL) track record of past performance is a valuable exercise for investors… …read more […]

A slew of investment in gold-backed exchange traded funds (ETFs) offset a decline in purchases of jewellery, bars and coins to push global gold demand slightly higher in the third quarter, the World Gold Council (WGC) said on Tuesday. The world’s appetite for gold was 1,107.9 tonnes over July-September, 3% more than in the same period last year, the WGC said in its latest Gold Demand Trends report. “The continued surge into ETFs more than compensated for weaker demand elsewhere,” said the WGC’s head of market intelligence, Alistair Hewitt. …read more […]

Samsung Electronics Co Ltd said on Tuesday it will shut down a CPU research division at one of its U.S. facilities, a move that analysts said dimmed prospects for the tech giant’s Exynos-branded mobile chips. Exynos mobile processor chips are considered a hallmark of the South Korean firm’s attempts to reduce its reliance on memory chips and increase sales of logic chips that are used to power mobile devices and autonomous vehicles. The decision to shut down the division, which will make some 300 jobs redundant, point to challenges Samsung faces in promoting Exynos chips, analysts said. …read more […]

Q3 2019 Agenus Inc Earnings Call …read more […]

Q3 2019 SkyWest Inc Earnings Call …read more […]

Q3 2019 Exxon Mobil Corp Earnings Call …read more […]

China’s central bank cut the interest rate on its medium-term lending facility (MLF) on Tuesday for the first time since early 2016, as policymakers work to prop up a slowing economy hit by weaker demand at home and abroad. With growth cooling faster than expected and nearing 30-year lows, a number of economists worry there is a risk that Chinese policymakers may be falling behind the curve by moving too cautiously. …read more […]

Airlines struggling to cope with the grounding of the 737 MAX could face a markedly different problem when Boeing Co’s best-selling jet is cleared to re-enter service: a switch to concerns about aircraft oversupply, carriers have been warned. The U.S. planemaker has continued to produce the jet since it was grounded in March after two fatal accidents, and is expected to speed deliveries by 40%, to 70 units a month, when its factory doors reopen, in a bid to clear the backlog. …read more […]

The Stellar Development Foundation (SDF) has burned a total of 55 billion Lumens (XLM), worth $4.4 billion, in a push to reshuffle its development strategy. The post The Stellar Foundation has burned over 50% of the total XLM token supply, canceling airdrop programs appeared first on The Block. …read more […]

ATLANTA (AP) _ Preferred Apartment Communities Inc. (APTS) on Monday reported a key measure of profitability in its third quarter. The Atlanta-based real estate investment trust said it had funds from operations of $14.2 million, or 31 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry. …read more […]

Occidental Petroleum Corp on Monday missed earnings estimates in its first results after closing its $38 billion purchase of rival Anadarko Petroleum, and said it would slash spending on big projects by 40% next year. Occidental, which is battling pressure from activist investor Carl Icahn to accelerate asset sales to pay off debt, reported a third-quarter net loss of $912 million after a year-ago profit of $1.87 billion. The company is expected to hold a briefing on Tuesday to discuss its results. …read more […]