Trading Ideas
3 Reasons for Long-Term Investors to Buy Pfizer Stock Right Now
This big pharma’s future looks brighter than its recent past. …read more […]
Month: June 2018
Trading Ideas
American Airlines warns of fare increases if oil remains high
American Airlines warned airline passengers may eventually face higher ticket prices if oil prices remain high, prompting carriers to remove seats from the market. Oil prices have risen around 50 percent compared to the levels seen last year and that is putting pressure on airline profits. “If it becomes clear this is the new normal you would see over time less capacity and growth in the industry and therefore higher prices, but I don’t think that’s going to happen in the near term,” CEO Doug Parker told reporters on the sidelines of the annual IATA meeting of …read more […]
Trading Ideas
Warriors not expecting LeBron James and Co. to lose edge
All the chatter is that underdog Cleveland could be completely deflated from the way it flopped in Game 1 of the NBA Finals. Determined and as motivated as ever might be more appropriate and fitting whenever LeBron James is in the mix. “It’s one of the toughest losses I’ve had in my career,” James acknowledged Saturday, “because of everything that kind of went on with the game and the way we played. …read more […]
Trading Ideas
Microsoft has discussed buying code giant GitHub
GitHub is practically a household name among developers looking to store, …read more […]
Business News
Exclusive: After deadly Indian smelter protests, arrests stoke tension
THOOTHUKUDI, India (Reuters) – Eleven days after police in southern India fired on protesters seeking the shutdown of a copper smelter owned by London-listed Vedanta, killing 13, residents say people suspected of involvement in the demonstrations are being targeted in a wave of arrests.
Business News
Talks end with China warning trade benefits at risk if U.S. imposes tariffs
BEIJING (Reuters) – China warned the United States on Sunday that any agreements reached on trade and business between the two countries will be void if Washington implements tariffs and other trade measures, as the two ended their latest round of talks in Beijing.
Business News
Software and stealth: how carmakers hike spare parts prices
LONDON/PARIS (Reuters) – Carmakers including Renault, Jaguar Land Rover and Peugeot have boosted revenues by over $1 billion in the past decade by using sophisticated pricing software, according to sales presentations prepared by the software vendor, Accenture, and other documents filed in a court case.
Business News
China warns U.S. won’t get trade benefits if tariffs implemented as talks end
BEIJING (Reuters) – China warned the United States on Sunday that any agreements reached on trade and business between the two countries will be void if Washington implements tariffs and other trade measures, as the two ended their latest round of talks in Beijing.
Business News
Global airlines issue warning over trade tensions
SYDNEY (Reuters) – Global airlines and aviation executives warned on Sunday about growing international trade tensions, saying they could damage the airline industry and the world economy.
Business News
Trade tensions shadow annual aviation meet in Sydney
SYDNEY (Reuters) – Trade tensions could dampen economic growth and have a negative impact on travel demand, especially for lucrative business travel that drives airlines’ profits, aviation industry executives said on Sunday.
Trading Ideas
Boeing dampens talk of redesign for potential new jet
Boeing Co is prioritizing passengers over cargo belly-space in its potential new mid-sized airplane, a senior executive said on Sunday, dampening speculation of a redesign to accommodate freight demand from Asian airlines. Industry sources say the proposed 220 to 270 seat plane has been designed with an elliptical fuselage leaving less space for cargo in order to make it more aerodynamic and cheaper to fly. Randy Tinseth, Boeing’s vice president of marketing for commercial planes, said the company was reluctant to change the design because larger wide body jets were better suited for cargo. …read more […]
Business News
Boeing executive says oil over $65 leads to increased demand for new jets
SYDNEY (Reuters) – Boeing Co is expecting increased demand for new airplanes now that oil is above $65 a barrel, a senior executive said on Sunday.
Business News
U.S.-China trade talks ‘friendly and frank’, U.S. says
BEIJING (Reuters) – U.S. Commerce Secretary Wilbur Ross said on Sunday he had been having frank, useful talks in China about exports, as Washington presses home its message to Beijing about structural economic changes amid a festering trade dispute.
Business News
U.S. commerce secretary, Chinese vice premier to talk trade amid row
BEIJING (Reuters) – U.S. Commerce Secretary Wilbur Ross will meet Chinese Vice Premier Liu He on Sunday, as officials from the world’s two largest economies try to calm an escalating trade dispute that has rattled financial markets.
Trading Ideas
US singled out by G7 allies over steel and aluminum tariffs
The United States was singled out by some of its closest allies Saturday over the imposition of tariffs that they warn will undermine open trade and weaken confidence in the global economy. The dispute over U.S. President Donald Trump’s new levies on steel and aluminum imports is driving a wedge in the G7 group of industrial nations. Following Saturday’s conclusion of a three-day meeting of G7 finance ministers, Canadian Finance Minister Bill Morneau issued a summary saying the other six members want Trump to hear their message of “concern and disappointment” over the U.S. trade actions. …read more […]