Trading Ideas

MILAN/PARIS (Reuters) – Fiat Chrysler named on Saturday its Jeep division boss Mike Manley to take over immediately from Chief Executive Sergio Marchionne, who is seriously ill after suffering major complications following surgery. The carmaker said British-born Manley, who also takes responsibility for the North America region, will push ahead with the mid-term strategy outlined last month by Marchionne, who had been due to step down next April. Marchionne, 66, was credited with rescuing Fiat and Chrysler from bankruptcy after taking the Italian carmaker’s wheel in 2004. …read more […]

Last quarter, strong results were able to silence fears resulting from the company’s ongoing data scandal. Will history repeat itself? …read more […]

It’s a critical time for Tesla and its shareholders. …read more […]

The Mac maker reports on July 31. …read more […]

Google has been fined a record $5 billion by the European competition watchdog for abusing the dominance of its mobile operating system, Android. The search giant was accused of forcing smartphone makers like Samsung and Huawei to preinstall its services, such as Google Search and Google Maps, on Android. Most Wall Street analysts aren’t concerned about the company’s ability to pay the fine, but say Amazon will benefit the most from the decision. …read more […]

David Solomon will succeed Lloyd Blankfein as CEO of Goldman Sachs, the firm said Tuesday. Solomon will officially take the reins from Blankfein, the longest-serving Wall Street CEO after JPMorgan’s Jamie Dimon, in October. Blankfein will become senior chairman when he retires, the firm said. …read more […]

Time, more than dramatic changes, is what Lowe’s needs to reverse course. …read more […]

Netflix has achieved stunning returns and could continue to do so. But these three companies could be even better bets. …read more […]

Roku is by far the favorite of those who have already cut the cord as well as those about to. …read more […]

In June, we asked readers to tell us what’s keeping them from investing more… or investing at all.

As illustrated in this week’s chart, almost 28% feel like they’re investing what they can. But a whopping 43% either don’t know where to start investing… or won’t invest for fear of losing money.

The remaining 30% or so had other reasons, including not having enough money, being in debt and not understanding the markets.

A 2015 Bankrate Money Pulse survey found that 73% of the more than 1,000 Americans polled didn’t own stocks at all, primarily because they didn’t know enough about the markets… …read more […]

If you are looking for Buffett stocks, these three stand out today for growth, value, and turnaround potential. …read more […]

Tesla is the hottest company in the auto industry, but that doesn’t make it the best buy for investors. …read more […]

Revelations that one of the most respected U.S. cardinals allegedly sexually abused both boys and adult seminarians have raised questions about who in the Catholic Church hierarchy knew — and what Pope Francis is going to do about it. If the accusations against Cardinal Theodore McCarrick bear out — including a new case reported Friday involving an 11-year-old boy — will Francis revoke his title as cardinal? Or even defrock him, the expected sanction if McCarrick were a mere priest? …read more […]

After raising the white flag in the battle with Walt Disney Co. for the bulk of Rupert Murdoch’s media empire, Comcast Corp. Chief Executive Officer Brian Roberts has one last prize to fight for: the British pay-TV company Sky Plc. Comcast currently has the upper hand in the race for Sky, with an offer of 26 billion pounds ($34 billion) that’s 6 percent higher than a rival, Disney-backed bid by Murdoch’s 21st Century Fox Inc., which already owns 39 percent of the company. Buying Sky would give Comcast international scale, a hedge against the erosion of cable-TV viewing …read more […]

Last Friday, Maine Democrat Zak Ringelstein wasn’t ready to consider himself a formal member of the Democratic Socialists of America, even if he appreciated the organization’s values and endorsement in his bid to become a United States senator. Three days later, he told The Associated Press that was ready to become the only major-party Senate candidate in the nation to be a dues-paying democratic socialist. …read more […]