Trading Ideas

NEW YORK/LONDON, Oct 17 (Reuters) – A gap is emerging in the U.S. liquefied natural gas (LNG) industry as big players such as Exxon Mobil Corp and Cheniere Energy Inc race ahead to build export terminals with fewer long-term contracts, while smaller developers struggle to find financing for their first plants. LNG trade has traditionally been underpinned by long-term purchasing deals which finance multi-billion dollar terminals that liquefy natural gas by chilling it to -260 degrees Fahrenheit (-160 Celsius), load it onto ships, and regasify it when delivered. The growing prowess of oil majors such as Exxon and …read more […]

Stocks moved broadly higher in afternoon trading on Wall Street Thursday after several large companies delivered surprisingly good results. A breakthrough in negotiations over Britain’s exit from the European Union also injected confidence into markets and prompted investors to move money into riskier holdings. Health care and communication services stocks drove most of the market’s gains, outweighing a slide in technology and energy companies. …read more […]

E-cigarette maker Juul Labs Inc said on Thursday it will completely halt U.S. sales of all flavors except tobacco, mint and menthol, as the company faces heightened scrutiny from regulators, lawmakers and state attorneys general over the appeal of its nicotine products to teenagers. Thursday’s move, which ends online sales, means Juul’s mango, fruit, creme and cucumber nicotine pod flavors will no longer be available for sale anywhere in the United States. Juul’s new chief executive, K.C. Crosthwaite, a veteran of Marlboro maker Altria Group Inc, announced the move Thursday as the company attempts to repair its relationship …read more […]

Q3 2019 Trinity Biotech PLC Earnings Call …read more […]

British Prime Minister Boris Johnson, who has lost every important vote in Parliament since taking office, faces a titanic struggle Saturday when he puts his Brexit deal with the European Union before suspicious legislators. Johnson is gambling his political fortunes on being able to win a majority in favor of the Brexit deal reached Thursday between the British government and the other 27 European Union nations. Should lawmakers back the deal, then Britain will be on course to leave the EU on the scheduled Brexit date of Oct. 31. …read more […]

Here is a look at ETFs that currently offer attractive short selling opportunities. The ETFs included in this list are rated as sell candidates for two reasons. First, each of these funds is deemed to be in a downtrend based on the fact that its 50-day moving average is below its 200-day moving average, which are popular indicators for gauging long-term and medium-term trends, respectively. Second, each of these ETFs is also trading above its 20-day moving average, thereby offering a near-term ‘sell on the pop’ opportunity given the longer-term downtrend at hand. Note that this prospects list also features …read more […]

We’re diving headlong into the holiday season.
And that means one thing…
Shopping.
While Amazon (Nasdaq: AMZN) shows no signs of backing down from its e-commerce throne, retailers on the ground are telling a different story.
In 2017, the “retail apocalypse” began.
Brick-and-mortars struggled. Vacancies soared. And malls crumbled into decaying temples of days past.
That same year, U.S. retailers closed nearly 8,200 stores – the most closures in a year on record.
It exceeded the peak annual store closure count during the 2008 financial crisis by more than 30%.
But don’t believe for a minute that the retail apocalypse is over. Store closures are about to …read more […]

BERLIN/ROME (Reuters) – Alitalia’s rescue hopes received a boost on Thursday with signs that Lufthansa could take a stake in the Italian carrier, while Rome agreed to a 350 million euro ($389 million) bridging loan to ease immediate cash worries. Loss-making Alitalia has been run by special administrators since May 2017 and talks led by state-owned railway group Ferrovie dello Stato to put together a consortium of rescuers have been going on for a year without coming close to a deal. Until now Ferrovie has been negotiating with U.S. carrier Delta Air Lines and infrastructure group Atlantia, but …read more […]

One of the world’s largest investment bankers, Goldman Sachs has long been a headline-maker. The bank is the largest dealer in US Treasury securities, making it a major player in the American investment market. Goldman Sachs even featured in the Great Recession of 2008 – but in a good way. The bank paid back its Federal bailout money (received under the Troubled Asset Relief Program) in full by June of 2009 – just 8 months after taking the loan.Goldman’s reputation puts its analysts and bankers in high demand, and they have moved seamlessly between the financial and political worlds. Goldman …read more […]

Investor discusses current favorite positions in interview Continue reading… …read more […]

Investment group PPF, owned by the Czech Republic’s richest man Petr Kellner, is close to concluding talks on buying a majority stake in Central European Media Enterprises (CME) from U.S. firm AT&T , Czech and Bulgarian media reported on Thursday. AT&T holds 64% of CME’s common stock but effectively controls 75% of the company through preferred shares. CME, which operates TV stations in the Czech Republic, Bulgaria, Romania, Slovakia and Slovenia, has a market capitalization of $1.13 billion, according to Refinitiv data. …read more […]

Stay measured, it remains very unclear on the path forward for Democratic presidential hopeful Elizabeth Warren. …read more […]

Investment group PPF, owned by the Czech Republic’s richest man Petr Kellner, is close to concluding talks on buying a majority stake in Central European Media Enterprises (CME) from U.S. firm AT&T, Czech and Bulgarian media reported on Thursday. AT&T holds 64% of CME’s common stock but effectively controls 75% of the company through preferred shares. CME, which operates TV stations in the Czech Republic, Bulgaria, Romania, Slovakia and Slovenia, has a market capitalisation of $1.13 billion, according to Refinitiv data. …read more […]

The leadership of the United Auto Workers was meeting on Thursday to review terms of the union’s tentative deal with General Motors Co to end a crippling month-long strike at the No. 1 U.S. automaker. The national council, representing GM plants across the United States, was reviewing terms of the four-year deal. It was then expected to forward the agreement to GM’s 48,000 striking workers for final ratification. …read more […]

We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is… …read more […]