Trading Ideas
Is Baidu Inc (ADR) a Buy?
With another key change in the C-suite, should investors be running? …read more […]
Month: May 2018
Trading Ideas
Comcast is leaking the names and passwords of customers' wireless routers
Comcast has just been caught in a major security snafu: revealing the …read more […]
Business News
As Zuckerberg heads to Brussels, British lawmakers ask for answers
LONDON, May 22 (Reuters) – British lawmakers want their European counterparts to quiz Facebook FB.O CEO Mark Zuckerberg about a scandal over improper use of millions of Facebook users’ data, as he will not give evidence in London himself.
Business News
Exclusive: Ousted MGM CEO explores bid for the U.S. movie studio – sources
(Reuters) – Former MGM Holdings Inc Chief Executive Officer Gary Barber, who was ousted earlier this year, is speaking to investment banks about financing an offer to acquire the privately held U.S. movie studio, five people familiar with the matter said on Monday.
Trading Ideas
Micron to buy back up to $10 billion of shares
The move follows the company’s newly announced plans to return at least 50 percent of free cash flow to stockholders starting next year, Micron said. Separately, the company announced a deal with Intel Corp to produce and ship the world’s highest-density 3D NAND flash memory chip. …read more […]
Business News
Tesla Model 3 fails to get Consumer Reports nod due to ‘big flaws’
(Reuters) – Influential U.S. magazine Consumer Reports will not recommend Tesla Inc’s Model 3 sedan, saying on Monday it braked slower than a full-sized pickup truck, taking the shine off a day of gains for shares in Elon Musk’s electric car company.
Trading Ideas
Why TransEnterix, Inc. Stock Bolted Higher Today
TransEnterix’s shares are continuing to head higher after a strong first-quarter earnings report earlier this month. …read more […]
Business News
Wall Street climbs on trade war truce
NEW YORK (Reuters) – U.S. stocks rose on Monday after the United States and China put their trade differences “on hold” to work on a wider agreement, while sentiment was also boosted by deal activity.
Trading Ideas
5 Top Stock Trades for Tuesday Morning
U.S. stocks jumped higher Monday on news that trade tensions between China and the U.S. are cooling off. Can stocks continue higher this week? Here are our top stock trades for Tuesday. Top Stock Trades for Tomorrow #1: Celgene (CELG) …read more […]
Business News
Wall St. rises on trade war truce; industrials lead
(Reuters) – U.S. stocks rallied on Monday after the United States and China put their trade differences “on hold” to work on a wider agreement, while sentiment was also boosted by the nearly $28 billion worth of merger deals.
Trading Ideas
US demands wholesale changes in Iran policies post-nuke deal
The Trump administration on Monday demanded that Iran make wholesale changes in its military and regional policies or face “the strongest sanctions in history,” as it sought to turn up heat on Tehran after President Donald Trump’s decision to withdraw from a landmark nuclear deal. In speech that called Iran out for a wide range of “malign activities” apart from its nuclear program, Secretary of State Mike Pompeo called for the negotiation of a new deal that would go far beyond the single focus of the 2015 agreement and would have the status of a formal treaty. Unless …read more […]
Trading Ideas
Rod Rosenstein may have made the best move by agreeing to…
President Trump demanded a review regarding the use of an alleged FBI informant targeting members of the Trump campaign. Within hours, the Justice Department referred the matter to its internal watchdog, the Office of the Inspector General, for investi… …read more […]
Business News
Companies win big at U.S. top court on worker class-action curbs
WASHINGTON (Reuters) – The U.S. Supreme Court delivered a blow to the rights of workers on Monday by allowing companies to require them to sign away their ability to bring class-action claims against management, agreements already in place for about 25 million employees.
Business News
Rising oil prices help ground U.S. airline stocks; could make them cheap
NEW YORK (Reuters) – Shares of U.S. airlines have been depressed by rising oil prices this year, but their descent to relatively cheap levels could position them for takeoff.
Trading Ideas
Kroger Finally Addresses Its Biggest Weakness
To take on Amazon and Walmart, Kroger had to form a strategic partnership to bolster online operations. …read more […]