Trading Ideas
Edited Transcript of SNS.V earnings conference call or presentation 14-Aug-18 3:00pm GMT
Q2 2018 Select Sands Corp Earnings Call …read more […]
Month: August 2018
Business News
Internal favorite Mark Read to be appointed new WPP CEO: source
WPP is set to name Mark Read as its new chief executive as early as next week, turning to the leading internal candidate to replace Martin Sorrell at the world’s biggest advertising company, a city source told Reuters.
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Buffett says Berkshire buying own stock, more Apple
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc, on Thursday said the conglomerate has bought back its own stock for the first time since 2012 and has added a “little” to its already huge stake in Apple Inc. Buffett also said investors are better off owning a basket of stocks than 30-year bonds and other fixed-income securities as a strong U.S. economy bolsters corporate profits despite higher costs from tariffs, which have also affected Berkshire. “I don’t know when to buy stocks, but I know whether to buy stocks,” Buffett, celebrating his 88th birthday, said on CNBC …read more […]
Business News
Buffett says Berkshire buying own stock, more Apple
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc , on Thursday said the conglomerate has bought back its own stock for the first time since 2012 and has added a “little” to its already huge stake in Apple Inc .
Business News
U.S. stocks drop on China trade concerns; Argentine peso roiled
Gains in U.S. stocks came to a halt on Thursday as concerns rose among investors that the U.S.-Chinese trade dispute will intensify, while economic turmoil in Turkey and Argentina sent those countries’ currencies tumbling.
Business News
U.S. consumer spending, inflation data point to strong economy
U.S. consumer spending increased solidly in July, suggesting strong economic growth early in the third quarter, while a measure of underlying inflation hit the Federal Reserve’s 2 percent target for the third time this year.
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Salesforce’s Marc Benioff touts the Trump tax cuts: I don’t know a CEO who’s not aggressively spending (CRM)
CEOs around the world are spending more “aggressively” than ever, said Salesforce co-CEO Marc Benioff on an earnings call Wednesday. Salesforce, which grew its revenue by 27% in the quarter, is benefiting since many of the CEOs have chosen to spend their extra cash on “digital transformation,” he said. Salesforce’s revenues were up 27% in the second quarter, and the company has big-spending executives to thank. …read more […]
Business News
Buffett says Berkshire buying own stock, and more of Apple
Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc , on Thursday said the conglomerate has begun repurchasing its stock for the first time since 2012, and has added a “little” to its already huge stake in Apple Inc .
Trading Ideas
Why K2M Group Holdings, Inc. Acquired a Higher Price Today
Stryker is buying the medical device maker. Here’s what investors need to know. …read more […]
Business News
Trade worries drag on Wall Street; tech stocks help limit losses
U.S. stocks dropped on Thursday, after four straight sessions of gains, weighed down by concerns over the U.S.-China trade war, even though gains in technology stocks helped limit losses.
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Steel stocks are getting whacked after Trump expands tariff exemptions for 3 countries
Chip Somodevilla/Getty Images …read more […]
Business News
Dollar Tree misses comparable sales estimates on Family Dollar weakness
Dollar Tree Inc missed Wall Street expectations for quarterly same-store sales on Thursday as the discount store operator’s Family Dollar business struggled to boost sales in the second quarter, sending its shares down 12 percent.
Business News
Campbell to sell fresh, international units, complete sale an option
Campbell Soup Co said on Thursday it plans to sell its international and fresh refrigerated-foods units and left open the possibility of putting the whole company up for sale, following a months-long review and pressure from hedge fund investors to sell itself outright.
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Medical device maker Stryker to buy K2M Group for about $1.4 bln
Medical device maker Stryker Corp said on Thursday it will buy smaller rival K2M Group Holdings Inc for about $1.4 billion, adding K2M’s fast-growing spinal implant technology to its business. Stryker’s … …read more […]
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Buffett: I have better things to do than tweet
CNBC’s Warren Buffett, Berkshire Hathaway chairman and CEO, joins CNBC’s Becky Quick for an exclusive interview. …read more […]