Trading Ideas
Netflix renews controversial '13 Reasons Why' for a third season
Netflix’s controversial teen drama 13 Reasons Why is returning for a third …read more […]
Month: June 2018
Trading Ideas
IHOP Name Change Doesn’t Sit Well With Pankcake Fans
The announcement was made by the company via its Twitter Inc (NYSE:TWTR) account. The following are comments from Twitter users reacting to the name change. “It’s not like there’s any IHOP brand confusion. …read more […]
Business News
Tesla drives fourth day of gains for Nasdaq, banks up
(Reuters) – Wall Street’s tech-heavy Nasdaq index was on track for its fourth straight day of gains on Wednesday, hitting a record high, while the S&P 500 and the Dow also inched higher.
Business News
Oil vs wild rice: Enbridge, opponents gear up final U.S. pipeline push
CALGARY, Alberta (Reuters) – Canada’s Enbridge Inc faces an indefinite delay to its biggest-ever capital project if a U.S. state regulator denies its preferred pipeline route through Minnesota, but a victory would spell relief for Canadian oil shippers and northern U.S. refiners.
Business News
Alphabet’s stockholders vote against gender pay gap, diversity proposals
(Reuters) – Alphabet Inc’s top executives voted down several shareholder proposals on Wednesday, defeating campaigns to tie their pay to hiring diversity goals and to get the Google parent to provide more data about efforts to moderate user-generated content.
Business News
VW sees production stoppages due to new testing rules
BERLIN/FRANKFURT (Reuters) – Volkswagen faces production stoppages next quarter due to bottlenecks caused by new lab tests for emissions and fuel consumption, and will discuss the implications for workers in the coming days, it said on Wednesday.
Business News
Trade disputes cast chill over G7 leaders’ summit in Canada
OTTAWA (Reuters) – Top U.S. allies are set for a showdown with Washington at this week’s G7 summit in Canada as the Trump administration shows no sign of backing down from protectionist policies that have upset trading partners and unnerved investors.
Business News
Delta Air shares slip as rising fuel costs weigh on profits
NEW YORK (Reuters) – Delta Air Lines on Wednesday lowered its second quarter profit forecast due to rising fuel costs, and its shares fell as much as nearly 4 percent before trimming those losses.
Business News
Twitter to offer $1 billion convertible note as shares rally
(Reuters) – Twitter is preparing a $1 billion convertible note offering, the social media hub said on Wednesday, one day after news that it would be included in the S&P 500 Index sent its shares up 5 percent to the highest price in more than three years.
Business News
Banks lift S&P; Tesla drives Nasdaq to record high
(Reuters) – Wall Street edged higher on Wednesday as banks stocks lifted the S&P 500 and the Dow, while gains for Amazon and Tesla helped the Nasdaq notch another day of record gains.
Business News
Whiskey maker Brown-Forman steps up overseas shipment as trade war looms
(Reuters) – Jack Daniel’s maker Brown-Forman Corp said it has been trying to mitigate risk of potential retaliatory tariffs from top U.S. trade allies by increasing shipments to some markets overseas in the last few months.
Business News
Farmer pressure forces Trump biofuel policy suspension; credit prices jump
(Reuters) – Under pressure from U.S. lawmakers in farming states, President Donald Trump has abandoned an overhaul of biofuels policy aimed at reducing costs for the oil industry, sending U.S. renewable fuel credit prices soaring more than 40 percent on Wednesday.
Trading Ideas
Buy or Sell AT&T Inc. Stock With Its 6% Dividend Yield?
It hasn’t been the smoothest ride for AT&T Inc. (NYSE:T). In fact, after failing to push through $40 several times in 2016 and 2017, it’s been all downhill for T stock. The payout for T stock has gotten extreme. …read more […]
Business News
PetSmart taps advisers to trim $8 billion debt pile: sources
(Reuters) – PetSmart Inc, the largest U.S. pet retailer, has hired restructuring advisers to explore ways to trim its debt pile of more than $8 billion as it continues to face falling profits, according to people familiar with the matter.
Trading Ideas
Trump declares primaries delivered ‘great night’ for GOP
With the prospect of a “blue wave” in the November elections, Republicans and Democrats appeared to have escaped embarrassment Wednesday after primaries across eight states. President Donald Trump cast the night as a win for Republicans. While some California contests remained too close to call, Republicans avoided disaster in the race for governor by nominating business executive John Cox to the November ballot. …read more […]