Trading Ideas

Today we’ll do a simple run through of a valuation method used to estimate the attractiveness of Ironwood… …read more […]

The brokerage has assumed the strike by the United Auto Workers (UAW) union, currently in its 26-day, to last until Oct. 21. GM, which likely lost production of about 100,000 vehicles in the third quarter, is at the risk of losing another 170,000 vehicles in the current quarter, the brokerage said, with the impact spreading to some of GM’s facilities in Mexico and Canada that receive parts from its U.S. factories. “While investors may look through the one-time impacts…the strike reminds us of the challenge of investing in OEMs at this point in the cycle,” analyst Dan Levy …read more […]

Phillip Chan has been the CEO of Cytosorbents Corporation (NASDAQ:CTSO) since 2009. First, this article will compare… …read more […]

Q3 2019 Domino’s Pizza Inc Earnings Call …read more […]

Burning trash dumped by a garbage truck caused a fire that by early Friday had destroyed dozens of homes in California’s Riverside County, fire officials said, as wildfires across the state led to power cuts for hundreds of thousands of people. Meanwhile, a wildfire that started late Thursday in the San Fernando Valley, grew early Friday to cover 1,600 acres, threatening northern Los Angeles communities and prompting the order for more than 1,900 homes to be evacuated, local media including the Los Angeles Times reported. LA fire officials were not immediately available to comment on that fire, called …read more […]

Top news and what to watch in the markets on Friday, October 11, 2019. …read more […]

The big shareholder groups in Applied Materials, Inc. (NASDAQ:AMAT) have power over the company. Large companies… …read more […]

(Bloomberg) — Jeff Wlodarczak has been one of Netflix Inc.’s biggest advocates on Wall Street since he took over coverage of the company at Pivotal Research Group in 2015. Over four years, he never wavered from recommending the stock, and this summer the analyst predicted the streaming giant would eventually be worth more than $200 billion.But in September, Wlodarczak slashed his price target by a third to $350 — the largest cut since he began coverage. While he still recommends the stock, Wlodarczak is part of a growing chorus of analysts who now worry Netflix is headed for a slowdown. …read more […]

Trump said he would meet Friday with Vice Premier Liu He, head of the Chinese delegation. …read more […]

(Bloomberg) — The first thing you notice is clearly the darkness.I was showering late Wednesday, shampoo in my eyes and American Horror Story playing on my phone so loud that my husband couldn’t hear my shouts for a light. I had just become one of the millions of people to have lost power in the biggest orchestrated blackout in California history, and here I was excited about the ocean breeze-scented candle I had bought a day earlier — because flashlights were sold out, and it was that or orange ginger.Other thoughts that ran through my mind: “It’s a good thing …read more […]

(Bloomberg) — Sign up to our Brexit Bulletin, follow us @Brexit and subscribe to our podcast.European Council President Donald Tusk said he has received “promising signals” that a Brexit deal is possible, after the leaders of the U.K. and Ireland said they could see a pathway to a potential agreement.Michel Barnier and Steve Barclay, the senior European and British negotiators, are meeting in Brussels in an attempt to capitalize on the brighter mood. If officials enter the so-called “tunnel,” a process in which the two sides discuss drafts of legal text in secret, it will be the first time line-by-line …read more […]

(Bloomberg) — Tencent Holdings Ltd. can’t get a break.The National Basketball Association, Activision Blizzard Inc. and now one of its most important portfolio companies, Fortnite proprietor Epic Games Inc., have all sparked political controversy at a time of increasingly assertive Chinese nationalism online.A tweet by an NBA executive expressing support for Hong Kong protesters drew the ire of Beijing, throwing into question the billions Tencent has invested in the U.S. sports league. Then Blizzard, partly owned by Tencent, banned a gamer for endorsing Hong Kong’s pro-democracy movement, triggering a boycott of the company’s games for its apparent kowtowing to China. …read more […]

WASHINGTON/SINGAPORE, Oct 11 (Reuters) – An international panel of air safety regulators on Friday harshly criticized the U.S. Federal Aviation Administration’s (FAA) review of a safety system on Boeing Co’s 737 MAX jet that was later tied to two crashes that killed 346 people. The Joint Authorities Technical Review (JATR) was commissioned by the FAA in April to look into the agency’s oversight and approval of the so-called MCAS anti-stall system before the fatal crashes. “The JATR team found that the MCAS was not evaluated as a complete and integrated function in the certification documents that were submitted …read more […]

Japan’s Hitachi Ltd has narrowed suitors for its $6.8 billion chemical unit to a handful of companies including Bain Capital, Japan Industrial Partners and Nitto Denko Corp, four people with knowledge of the deal said. Shortlisted bidders for Hitachi Chemical Co also include U.S. private equity fund Carlyle Group L.P., three of the people said. Bain, the U.S. buyout fund, is teaming up with Tokyo-based private equity firm Japan Industrial Partners, the three said. …read more […]

The tanker was traveling through the Red Sea near Saudi Arabia on Friday, Iranian media reported. …read more […]