Trading Ideas

The simplest way to invest in stocks is to buy exchange traded funds. But one can do better than that by picking… …read more […]

(Bloomberg) — Deutsche Bank AG intends to make about half its 18,000 planned job cuts in Germany as it relies on savings at the retail units to lower costs, according to people familiar with the matter.The lender employed about 41,700 people in its home market at the end of last year, out of a total of 91,700. Outside Germany, London will also be hit especially hard, partly because of Brexit, while the U.S. may see a lower share of front-office cuts once the bank has exited its equities trading business, the people said, asking not to be identified because talks …read more […]

U.S. sports brand Vans has removed “a small number” of submissions in a sneaker design competition including one apparently giving a shout out to Hong Kong’s pro-democracy protests, as companies weigh the risks of angering China. Global companies are walking a tightrope in their marketing campaigns, fearing a backlash from Chinese customers if deemed to be expressing solidarity with the anti-government protests that have plunged Hong Kong into its worst crisis in decades. The U.S. luxury jewellery retailer Tiffany & Co deleted a twitter advertisement posted on Monday showing a female model with her hand covering her right …read more […]

(Bloomberg) — China signaled it would hit back after the Trump administration placed eight of the country’s technology giants on a blacklist over alleged human rights violations against Muslim minorities.Asked on Tuesday if China would retaliate over the blacklist, foreign ministry spokesman Geng Shuang told reporters “stay tuned.” He also denied that the government abused human rights in the far west region of Xinjiang.“We urge the U.S. side to immediately correct its mistake, withdraw the relevant decision and stop interfering in China’s internal affairs,” Geng said. “China will continue to take firm and forceful measures to resolutely safeguard national sovereignty, …read more […]

(Bloomberg) — EasyJet Plc said earnings for the year through September were toward the top end of its forecasts, helped by strikes at British Airways and Ryanair Holdings Plc.The unrest at EasyJet’s biggest rivals spurred demand and sent revenue per seat, a proxy for fares, up 0.8% in the second half despite earlier predictions of a slide, the Luton, England-based carrier said in a statement Tuesday.The figures weren’t enough to quell investor concerns that EasyJet had relied too much on disruption elsewhere, and that it faces tough times in an operating environment that has seen a spate of travel-company collapses …read more […]

(Bloomberg Opinion) — HSBC Holdings Plc’s interim Chief Executive Officer Noel Quinn is considering going much further than his former boss in cutting fat at the bank. He may triple job reductions announced just two months ago to as much as 6% of the workforce.Sure enough, Quinn may be trying to impress the board and investors to secure the No. 1 position at HSBC on a permanent basis. But his rivals at other financial firms could follow in his footsteps: Fresh revenue pressure and a lingering problem with costs at European banks don’t give many alternatives.HSBC is reportedly questioning why …read more […]

Samsung Electronics on Tuesday predicted its operating profit for the last quarter will fall by more than half from a year earlier amid sluggish global demand for computer chips. The South Korean technology giant estimated an operating profit of 7.7 trillion won ($6.4 billion) for the July-September quarter, which would be a 56.2% drop from the same period last year. South Korea’s biggest company is suffering from the slowdown in its core industry, though analysts say the demand will likely revive as next-generation networks are rolled out. …read more […]

(Bloomberg) — Stocks rose in Asia with U.S. futures following confirmation from China about the country’s high-level delegation heading for trade talks with the U.S. in Washington later this week.European futures also advanced, while the yuan rose in Shanghai. Treasury yields ticked up. Equity benchmarks saw solid gains from Tokyo and Seoul to Shanghai and Hong Kong — where trading showed little concern about the violence in public protests. Crude oil gained to around $53 a barrel in New York.Technology shares led gains in Asia in the wake of Samsung Electronics Co. posting earnings that beat analyst estimates, with news …read more […]

Q2 2019 ViewRay Inc Earnings Call …read more […]

Mike Casey wades into the thorny issue of the U.S. government settlement struck with blockchain startup Block.one over its EOS ICO. …read more […]

(Bloomberg Opinion) — It’s now been a week since mass protests sprang up in southern Iraq, sparking unrest that has left dozens dead and continues to flare. What began as spontaneous expressions of discontent over high unemployment, government corruption and Iranian involvement in Iraqi affairs has quickly turned into a movement that could soon have severe consequences for global oil markets. This new danger comes just as supply concerns following last month’s attacks on a key Saudi Arabian facility have begun to die down.Southern Iraq is home to most of Iraq’s oil industry and the protests have reached the city …read more […]

(Bloomberg) — Masayoshi Son’s startups have had a rough few months, from a botched initial public offering by WeWork to a sharp decline in shares of Uber Technologies Inc. Now analysts are beginning to calculate that the damage for Son’s SoftBank Group Corp. will likely reach into the billions of dollars.Mitsubishi UFJ Morgan Stanley Securities Co. cut its profit estimate for SoftBank’s Vision Fund, its main investment vehicle, by 580 billion yen ($5.4 billion) to an operating loss of 367.6 billion yen for the September quarter, citing declines in the stock prices of Uber and Slack Technologies Inc. and the …read more […]

The big shareholder groups in Galaxy Resources Limited (ASX:GXY) have power over the company. Insiders often own a… …read more […]

Oil prices rose on Tuesday, buoyed by overnight gains in industrial commodities, while unrest in oil-producing countries Iraq and Ecuador raised concerns of supply disruption, adding to support. Brent crude rose 38 cents, or 0.7%, to $58.73 a barrel by 0344 GMT, while U.S. West Texas Intermediate (WTI) crude was at $53.08, up 33 cents, or 0.6%. “Copper and aluminum traded very strongly in London and given the weakness we saw in manufacturing data last week, that suggests that there’s some correction going on in industrial commodities generally,” said Michael McCarthy, chief market strategist at brokerage CMC Markets …read more […]

WeWork is locked in negotiations this week with its largest shareholder, Softbank Group Corp, over a new $1 billion investment to enable the shared office space company to go through a major restructuring, according to sources familiar with discussions. If the talks are successful, WeWork, which had to abandon an initial public offering last week because of investor concerns about how it was valued and its business model, will seek to negotiate a $3 billion debt deal with JPMorgan Chase & Co , the sources said. WeWork and SoftBank did not immediately respond to requests to comment. …read more […]