Trading Ideas

No Picture
Trading Ideas

TSMC says a number of fab tools infected by computer virus

August 4, 2018 admin Comments Off on TSMC says a number of fab tools infected by computer virus

Taiwan Semiconductor Manufacturing Company Ltd, the world’s largest contract chipmaker, said on Saturday a number of its tools had been infected by a virus and the problem had been contained. TSMC, a major supplier for Apple Inc, said a number of tools were infected on Friday. “TSMC has contained the problem and found a solution, and recovery of the tools is in progress,” it said in a statement. …read more […]

No Picture
Trading Ideas

China restrained in trade tariffs and won't accept U.S. “blackmail” – state media

August 4, 2018 admin Comments Off on China restrained in trade tariffs and won't accept U.S. “blackmail” – state media

BEIJING/SINGAPORE (Reuters) – China’s state media said on Saturday the government’s retaliatory tariffs on $60 billion of U.S. goods showed rational restraint and accused the United States of blackmail. Late on Friday, China’s finance ministry unveiled new sets of additional tariffs on 5,207 goods imported from the United States, with the extra levies ranging from 5 to 25 percent on a total value of goods less than half of that proposed by U.S. President Donald Trump’s administration. …read more […]

No Picture
Trading Ideas

State media says China's response to latest U.S. tariffs restrained, rational

August 4, 2018 admin Comments Off on State media says China's response to latest U.S. tariffs restrained, rational

BEIJING/SINGAPORE (Reuters) – China’s state media said on Saturday the government’s retaliatory tariffs on $60 billion in U.S. goods showed rational restraint, although in an opinion piece it still admonished the United States for blackmail and bullyboy tactics. Late on Friday, China’s finance ministry unveiled new sets of additional tariffs on 5,207 goods imported from the United States, with the extra levies ranging from 5 to 25 percent on a total value of goods less than half of that proposed by U.S. President Donald Trump’s administration. …read more […]

No Picture
Trading Ideas

Is Snap Stock a Buy Before Its Second-Quarter Earnings?

August 4, 2018 admin Comments Off on Is Snap Stock a Buy Before Its Second-Quarter Earnings?

Social media company Snap (NYSE:SNAP) is set to report highly anticipated second-quarter numbers after the bell on Tuesday, Aug. 7. Over the past few months, SNAP stock has traded largely sideways, bouncing around $13 for most of June and July. This is just the calm before the storm that will ensue after Snap reports second-quarter earnings. …read more […]

No Picture
Trading Ideas

U.S. court allows release of bench transcripts in AT&T merger fight

August 4, 2018 admin Comments Off on U.S. court allows release of bench transcripts in AT&T merger fight

An appeals court that is hearing the U.S. Justice Department’s fight with AT&T (T.N) over its merger with Time Warner agreed on Friday to allow the release of transcripts of bench conferences that the public was unable to listen in on during the trial in a lower court. The U.S. Court of Appeals for the D.C. Circuit said in an order on Friday that the government would be allowed to release transcripts of the conversations that generally occurred between Judge Richard Leon, who tried the case, and one or more lawyers from the Justice Department, AT&T and Time Warner. …read more […]