Trading Ideas

Fiat Chrysler on Wednesday reported second-quarter operating profit below expectations and revised downwards part of its full-year outlook, sending its shares down more than 10 percent. The earnings were … …read more […]

Former Fiat Chrysler chief executive Sergio Marchionne, one of the auto industry’s most tenacious and respected auto chiefs, has died, succumbing to complications from recent surgery. Sergio Marchionne, man and friend, is gone,” FCA Chairman John Elkann, scion of the controlling Agnelli family, said in a statement. …read more […]

Facebook’s long-running effort to go into China got a boost this week after …read more […]

A representative for Demi Lovato says she is awake and recovering with her family after the pop singer was reportedly hospitalized Tuesday for an overdose. “Demi is awake and with her family who want to express thanks to everyone for the love, prayers and support,” Lovato’s representative said in a statement Tuesday evening. The statement did not provide any details on what led to the singer’s hospitalization. …read more […]

The Apple Inc (AAPL.O) supplier posted an operating loss of 228 billion won (153.72 million pounds), compared with an average forecast of a 247 billion won loss derived from a Thomson Reuters survey of 11 analysts. It was LG Display’s second consecutive quarterly loss amid an uncertain time for the global panel industry, with Chinese manufacturers ramping up capacity and a glut of LCD output crimping prices and profit margins. …read more […]

LANSING, Mich. (AP) — Drugmaker Pfizer Inc. plans to expand manufacturing in Michigan and add 450 jobs under an incentives deal approved Tuesday by the state’s economic development arm. …read more […]

AT&T Inc. (T) just released its latest quarterly results, posting earnings of $0.81 per share and revenues of $39 billion. …read more […]

After a six-week trial, the second-largest U.S. carrier by subscribers won court approval last month to close its $85 billion (64.72 billion pounds)acquisition of media company Time Warner Inc and began bundling the content it gains from the deal with new wireless plans in an effort to drive subscriber growth. A federal appeals court last week approved the U.S. Justice Department’s request for an expedited schedule to appeal the Time Warner ruling on antitrust concerns. Time Warner and other merger costs were $321 million in the second quarter when the trial took place. …read more […]

Wall Street has given the agricultural sector a boost after Trump administration said it is preparing a plan that would send billions in aid to U.S. farmers hurt by tariffs. CF Industries Holding and Mosaic … …read more […]

Republicans in the House released a brief outline of their proposed next round of tax cuts Tuesday. The two-page document calls for making the individual tax cuts and pass-through deductions, which are currently scheduled to expire in 2026, permanent. House Ways and Means Chairman Kevin Brady (R-TX) said that he expects the cost of those changes to come in at roughly $600 billion. …read more […]

Microsoft talks LinkedIn, gaming, and the cloud. …read more […]

The Trump administration is offering $12 billion in emergency aid to American farmers who have been hurt by the president’s escalating trade war with China and other countries. “This is a short-term solution that will give President Trump and his administration the time to work on long-term trade deals,” said Agriculture Secretary Sonny Perdue. Speaking at an event in Kansas City Tuesday, Trump said that “farmers will be the biggest beneficiary” of his efforts to secure more favorable trade deals. …read more […]

By Arunima Banerjee, Paul Lienert and David Shepardson (Reuters) – Ford Motor Co said on Tuesday it was creating a separate $4 billion (3.05 billion pounds)unit to house its self-driving vehicle operations … …read more […]

The government announced a $12 billion plan Tuesday to assist farmers who have been hurt by President Donald Trump’s trade disputes with China and other trading partners. The plan focuses on Midwest soybean producers and others targeted by retaliatory measures. The Agriculture Department said the proposal would include direct assistance for farmers, purchases of excess crops and trade promotion activities aimed at building new export markets. …read more […]

Big Red is on schedule with its upcoming 5G launch. …read more […]