Tyson Foods Inc cut its full-year profit forecast on Monday, citing the uncertainty in trade policies and increased tariffs that have hurt domestic and export prices of meat, sending its shares down 6 percent.
Building on President Donald Trump’s “Indo-Pacific” strategy, U.S. Secretary of State Mike Pompeo on Monday announced $113 million in new regional investments focused on technology, energy and infrastructure.
Harley-Davidson Inc is launching lightweight motorcycles in Asian markets and electric bikes in the hope of sparking demand as it faces declining sales in the United States and the threat of trade tariffs increasing its costs.
The United States will invest $113 million in technology, energy and infrastructure initiatives in the Indo-Pacific as part of a new strategy to deepen ties with the region, U.S. Secretary of State Mike Pompeo said on Monday ahead of a trip to Singapore, Malaysia and Indonesia.
China’s online search leader reports financial results on Tuesday afternoon, and Baidu will need to excel on several fronts if the stock is to move higher. …read more […]
German prosecutors said on Monday they are investigating whether former Volkswagen Chief Executive Martin Winterkorn moved some of his assets out of Germany following an inquiry into his role in the manipulation of anti-pollution tests.
U.S. stocks opened little changed on Monday as weakness in tech stocks offset gains in energy companies which rose on the back of higher oil prices and as industrials got a lift from Caterpillar’s upbeat quarterly earnings.
Harley-Davidson Inc on Monday unveiled several measures including launching smaller light-weight motorcycles in Asian markets to fuel growth as it faces declining sales in the United States and the threat of higher trade tariffs.
The North American Marijuana Index has plunged more than 45% in six months. …read more […]
T-Mobile US named Nokia to supply it with $3.5 billion in next-generation 5G network gear, the firms said on Monday, marking the world’s largest 5G deal so far and concrete evidence of a new wireless upgrade cycle taking root.
Nokia reiterated its outlook on Monday after it announced a $3.5 billion 5G network agreement with T-Mobile .
U.S. stocks were set to open higher on Monday after a strong earnings report from Caterpillar, a bellwether for global economic activity, restored optimism that the ongoing trade war would not hit corporate results more than feared.
World stocks and the dollar were broadly steady on Monday as a busy week of central bank meetings and company updates began, while Japanese government bonds sold off before possible monetary policy tweaks.
Devon Energy (DVN) is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. …read more […]
It’s a tactic that certainly deserves some consideration. …read more […]
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