Trading Ideas
Facebook Stock's Next Stop: $275?
BTIG Research boosts its price target on the social networking juggernaut. …read more […]
Month: July 2018
Business News
‘Sacred Games’ marks Netflix debut into Indian original series
LOS ANGELES (Reuters) – Netflix’s first Indian original series makes its debut on Friday, the first of a slate of new shows aimed at the vast Bollywood entertainment market.
Business News
Wall Street pares gains after release of Fed minutes
NEW YORK (Reuters) – U.S. stocks slightly pared gains on Thursday after the release of minutes from the Federal Open Market Committee’s June meeting, though they remained in positive territory.
Business News
Preparations for listing Aramco stalled: WSJ
(Reuters) – Public listing preparations of state-run Saudi Aramco have stalled, the Wall Street Journal reported on Thursday.
Investing Strategy
“CRAZY UPSIDE” for Stocks at Year End: Paul Tudor Jones
Legendary investor, Paul Tudor Jones thinks stocks have “CRAZY UPSIDE” potential after Nvember elections towards the end of the year. <iframe width=”560″ height=”315″ src=”https://www.youtube.com/embed/lp5NKbeb_UY” frameborder=”0″ allow=”autoplay; encrypted-media” allowfullscreen></iframe>
Trading Ideas
Starbucks employee fired after mocking stuttering customer
Starbucks says an employee in Philadelphia has been fired after reportedly mocking a customer with a stutter. The coffee chain says the behavior did not reflect the experience customers should have and the employee is no longer with Starbucks. A person on Facebook posted Sunday that his friend stuttered when giving his name, and that the barista made light of it verbally and then spelled the name with extra letters. …read more […]
Business News
Boeing to take over $4.75 billion Embraer unit, targeting Airbus-Bombardier
SAO PAULO/PARIS (Reuters) – Boeing Co struck a deal for a controlling stake in the commercial aircraft arm of Brazilian planemaker Embraer SA under a new $4.75 billion joint venture, the firms said on Thursday, reshaping a global passenger jet duopoly.
Business News
California agency opens third probe into Tesla’s Fremont factory
(Reuters) – A California agency for occupational safety said on Thursday it opened a third investigation at Tesla Inc’s factory in Fremont, California, following a complaint.
Business News
Fed on lookout for recession but still sees strong economy: minutes
WASHINGTON, July 5 (Reuters) – – U.S. central bankers discussed whether recession lurked around the corner and expressed concerns global trade tensions could hit an economy that by most measures looked strong, minutes of the Federal Reserve’s last policy meeting on June 12-13 released on Thursday showed.
Business News
Wall Street rises as trade fears ease; Fed minutes awaited
(Reuters) – U.S. stocks rose broadly on Thursday as the United States dialed back its stance on tariffs on European cars while moving to impose duties on Chinese goods worth $34 billion.
Trading Ideas
Why Dell Is “Sort of” Going Public Thanks to VMware
Dell had taken his own company private for $25 billion in 2013 and created the tracking stock to finance its $67 billion purchase of VMware parent EMC in 2015. DVMT has since doubled in value, closing June 29 at $84.58-per-share. The rise in DVMT made it a perfect currency for buying back control of VMware, which rose almost 8%, to over $158-per-share in early trade July 2. …read more […]
Trading Ideas
Is another Netflix price hike on the way?
Netflix reportedly tests an Ultra Tier subscription in Europe. Yahoo Finance’s Seana Smith, Myles Udland and Dion Rabouin discuss. …read more […]
Business News
Global automakers hail more ships as trade battles heat up
DETROIT/LONDON/SHANGHAI (Reuters) – Automakers are scrambling to ship vehicles to the United States to pre-empt possible higher tariffs, according to port data, port officials and logistics companies.
Business News
China says U.S. ‘opening fire’ on world with tariffs, vows to respond
BEIJING/WASHINGTON (Reuters) – China accused the United States on Thursday of “opening fire” on the world with tariffs set to take effect on Friday, warning that it will respond the moment that duties on $34 billion in Chinese goods kick in.
Business News
Credit Suisse pays U.S. $77 million to settle Asia hiring corruption probes
(Reuters) – Credit Suisse Group AG agreed to pay about $77 million to settle U.S. bribery probes into its awarding of jobs to family and friends of Chinese and other government officials in the Asia-Pacific region, to win lucrative investment banking business.