Trading Ideas

Q3 2019 AK Steel Holding Corp Earnings Call …read more […]

Grupo Aval, Colombia’s largest financial conglomerate, said on Thursday it had agreed to buy Panama’s Multibank Financial Group (MFG), giving it a higher profile in Central America. The transaction – which Aval will conduct through its subsidiary Banco de Bogota – will close in the second quarter of 2020, after completing a regulatory process, the company said in a statement to Colombia’s financial regulator. “This attractive transaction is complementary to the type of businesses that the company already participates in in Panama,” Grupo Aval president Luis Carlos Sarmiento said in the statement. …read more […]

(Bloomberg Opinion) — China has a standard road map for fixing state-owned giants that have gone off the rails: Create an even more inflated behemoth through a mega-merger, in the hope that the stronger business will be able to prop up the weaker one until the storm blows over.It’s a playbook that’s been followed in steel, shipping, energy and rolling stock — but in the chemicals industry, it’s not working. The country is planning to abandon the long-mooted merger of chemicals giants Sinochem Group Co. and China National Chemical Corp., or ChemChina, the Financial Times reported Thursday, citing people close …read more […]

WYOMISSING, Pa. (AP) _ Gaming and Leisure Properties Inc. (GLPI) on Thursday reported a key measure of profitability in its third quarter. The results topped Wall Street expectations. The real estate investment trust, based in Wyomissing, Pennsylvania, said it had funds from operations of $186.5 million, or 87 cents per share, in the period. …read more […]

Oct.31 — Tom Forte, D.A. Davidson senior research analyst, discusses Pinterest Inc.’s third-quarter results on
“Bloomberg Markets: What’d You Miss?” …read more […]

Qantas Airways Ltd said on Friday it found structural cracks in three of its Boeing Co 737 NG planes after conducting earlier-than-required checks of its aircraft as part of a global issue with the model. The cracks are on what is known as the “pickle fork” – a part that attaches the plane’s fuselage, or body, to the wing structure. The three Qantas jets, all of which had around 27,000 take-off and landing cycles, rather than the 30,000 that had required immediate checks, have been removed from service for repair, the airline said in a statement. …read more […]

When he started as CEO jobs in that past, Scharf focused on learning about the companies but at Wells Fargo, the need to develop controls has brought a sense of urgency, he told employees on Tuesday at Wells Fargo’s campus in Charlotte, North Carolina. Scharf, 54, took over the CEO role on Oct. 21, as the bank entered its fourth year of a wide-ranging sales practices scandal. Scharf said he is up to the task. …read more […]

Yahoo Finance’s Jared Blikre shares Pinterests’ disappointing third quarter earnings report on The Final Round. …read more […]

PARIS/MILAN, Oct 31 (Reuters) – European labour unions have called on Peugeot owner PSA and Fiat Chrysler to avoid job cuts and factory closures as the two major carmakers prepare to tie the knot, underscoring worries about the $50 billion deal as the regional economy falters. As PSA and Fiat Chrysler detailed plans on Thursday to create the world’s No. 4 automaker, IG Metall, Germany’s largest union by members, said it would seek to preserve the autonomy of the French carmaker’s German unit Opel. The two groups have said no plants would be closed and an existing arrangement …read more […]

Editor’s Note: Wealthy Retirement is excited to welcome our newest contributor, Aaron Task!
A seasoned researcher, Aaron comes to us by way of TheStreet, Yahoo Finance (where he was editor-in-chief) and Fortune.
A prolific writer and podcast host as well, he is excited to offer our readers his fresh perspective on the wide variety of changes affecting retirement and the world of money today.
Please join us in welcoming him to Wealthy Retirement. And this Halloween, read on to discover his insight into the spooky downsides of digital payment options.
– Mable Buchanan, Assistant Managing Editor
“A fool and his money are soon parted.”
Coined …read more […]

Shares of Kraft Heinz popped Thursday after the company reported third-quarter earnings that beat analysts’ expectations and stoked optimism for the company’s future. Yahoo Finance’s Jennifer Rogers, Myles Udland, and Editor-in-Chief Andy Serwer discuss the latest. …read more […]

House Democrats held a formal vote to establish the framework for the next phase of the impeachment inquiry into President Trump. The resolution passed 232 to 196 votes primarily along party lines. Yahoo Finance’s Jen Rogers, Myles Udland and Andy Serwer discuss with Eurasia Group’s U.S. Director Todd Mariano on the Final Round. …read more […]

(Bloomberg) — Amgen Inc. will take a 20.5% stake in Chinese-American drug developer BeiGene Ltd under a deal to develop and commercialize about two dozen of Amgen’s on-market and experimental cancer drugs in China.Amgen will buy about $2.7 billion worth of Beijing and Cambridge, Massachusetts-based BeiGene’s shares. It has agreed to pay $174.85 per American depositary receipt, a 26% premium to where the U.S.-traded shares closed Wednesday. It will also take a seat on BeiGene’s board.Under the agreement, BeiGene will take over Chinese commercialization of three drugs used to treat cancer and its effects: Xgeva, which is already on the …read more […]

Very recently, War Room members took advantage of a dip in gold prices by adding to our recommended position in microcap gold stock Americas Gold and Silver (NYSE: USAS).
Microcap stocks trade differently from small cap, midcap or large cap stocks. These stocks are not followed as broadly, usually have smaller floats (tradable shares) and tend to make outsized moves.
Microcaps are usually very speculative stocks that act as great trading vehicles. Americas Gold and Silver is a little different…
First, it’s a company that produces gold and silver.
Second, it’s well-capitalized thanks to outside partnerships and has an investor following that provides it …read more […]

The Association of Professional Flight Attendants (APFA), which represents American Airlines Group flight attendants, still has safety concerns about a relaunch of the Boeing 737 MAX, its president told Boeing Chief Executive Dennis Muilenburg in a letter seen by Reuters. The letter, dated Oct. 30, follows two days of hearings in Washington during which lawmakers grilled Muilenburg about the development of the 737 MAX following two crashes that killed 346 people and led to the aircraft’s worldwide grounding in March. In the letter, APFA President Lori Bassani told Muilenburg that the hearings show breakdowns in supervision of the …read more […]