KHOBAR, Saudi Arabia/LONDON (Reuters) – OPEC may decide to raise oil output as soon as June due to worries over Iranian and Venezuelan supply and after Washington raised concerns the oil rally was going too far, OPEC and oil industry sources familiar with the discussions told Reuters.
(Reuters) – General Electric Co is working with investment bankers to find ways to shed its insurance business, which has caused it to book hefty charges while sparking shareholder lawsuits and an investigation by U.S. regulators, people familiar with the matter said on Tuesday.
The casino resort operator is spending $2 billion on itself. That wouldn’t leave it much to spend on a buyout. …read more […]
WASHINGTON (Reuters) – U.S. President Donald Trump on Tuesday floated a plan to fine ZTE Corp and shake up its management as his administration considered rolling back more severe penalties that have crippled the Chinese telecommunications company.
(Reuters) – Consumer Reports said Tuesday it will retest brakes on Tesla Inc’s new Model 3 sedans after Chief Executive Elon Musk promised a software update, but the potential hit to sales from the magazine’s negative review weighed on Tesla stock.
(Reuters) – Wall Street gave up earlier gains and were little changed on Tuesday afternoon after U.S. President Donald Trump said he was not pleased with the recent U.S.-China trade talks and also raised doubts about the upcoming North Korea summit.
President Trump discusses what his expectations are for the future of North Korea what he will offer Kim Jong Un at the summit between the United States and North Korea. …read more […]
BOSTON (Reuters) – Facebook Inc named a new director this month and timed his appointment to avoid a shareholder vote, raising concern among some investors who want to see more accountability from the social media company.
BRUSSELS (Reuters) – Facebook boss Mark Zuckerberg apologised to European Union lawmakers on Tuesday for a massive data leak, in his latest attempt to draw a line under a scandal that has rocked the world’s biggest social media network.
(Reuters) – J.C. Penney’s Chief Executive Officer Marvin Ellison is leaving the struggling retailer to join home improvement chain Lowe’s Cos Inc , the companies said on Tuesday, sending shares in the U.S. department store chain down as much as 8 percent to an all-time low.
(Reuters) – Several U.S. civil liberties groups on Tuesday complained that Amazon.com Inc’s real-time facial recognition system, Rekognition, is helping the government with surveillance targeting large crowds, violating civil and digital rights.
BRUSSELS (Reuters) – Facebook boss Mark Zuckerberg arrived to meet European Union lawmakers on Tuesday ready to apologise for a massive data leak, in his latest attempt to draw a line under a scandal that has rocked the world’s biggest social media network.
WASHINGTON (Reuters) – The share of Americans who report they are doing “at least okay” financially rose in President Donald Trump’s first year in office, according to Federal Reserve data published on Tuesday.
American Eagle (NYSE: AEO) is a mid cap company that operates within the specialty retail industry. Its market cap is $5 billion today and the total one-year return is 116.89% for shareholders.
American Eagle stock is beating the market, and it reports earnings soon. But does that make it a good buy today? To answer this question we’ve turned to the Investment U Stock Grader. Our research team built this system to diagnose the financial health of a company.
Our system looks at six key metrics…
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✓ Earnings-per-Share (EPS) Growth: American Eagle reported a recent EPS growth rate of 76.67%. That’s above the …read more […]
(Reuters) – U.S. stocks edged higher on Tuesday, led by financial and energy stocks, as the United States and China made progress on ironing out their trade differences and reach an agreement.
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