A federal judge reviewing a Justice Department decision to allow U.S. pharmacy chain and benefits manager CVS Health Corp to merge with insurer Aetna said on Wednesday that the agreement was legal under antitrust law.
Stocks rebounded worldwide on Wednesday, and the U.S. Treasury yield curve steepened as upbeat geopolitical news and positive economic data from China helped revive risk appetite.
It seems that nearly every day the stock market is reacting to tweets or news about the trade war.
Whether it’s responding to made-up stories about China placing a couple of phone calls, real negotiations or breakdowns in talks, the market’s reactions to trade-related events have been strong.
Considering the world is more connected than ever, it’s hard to find stocks that shouldn’t be badly affected by a trade war or tariffs.
However, today I have three all-American, relatively tariff-proof companies for you that have safe and solid dividend yields.
All-American Dividend Champion No. 1: AT&T
Investors have shied away from AT&T (NYSE: T) because …read more […]
Slack Technologies Inc , the workplace messaging and communication platform, posted a huge loss in its first quarter as a public company as it spent heavily on sales and marketing to boost engagement on its platform and retain users.
Wall Street’s main indexes rebounded on Wednesday, after robust economic data from China, easing tensions in Hong Kong and British lawmakers’ approval of a law to delay Brexit provided some optimism to investors worried about global growth.
On August 28, I introduced the idea of following along with Schedule 13D filings – which are reported to the Securities and Exchange Commission (SEC) – because they can sometimes lead to great moneymaking opportunities.
As a refresher, I wrote…
A Schedule 13D must be submitted to the SEC within 10 days by anyone who acquires beneficial ownership of more than 5% of any class of publicly traded securities in a public company. These documents give the public transparency into purchases that large shareholders make in any public company.
More importantly, they often contain hints about potential future events at the company, …read more […]
Wall Street’s main indexes rebounded on Wednesday, after robust economic data from China, easing tensions in Hong Kong and British lawmakers’ approval of a law to delay Brexit provided a dose of optimism to investors worried about global growth.
Oil prices rose more than 4% on Wednesday, boosted by a wider market pickup on positive news from China, after three days of losses due to fears about a weakening global economy.
The U.S. trade deficit narrowed slightly in July, but the gap with China, a focus of the Trump administration’s “America First” agenda, surged to a six-month high.
T-Mobile US retail employees and technicians delivered a letter late Tuesday for Deutsche Telekom CEO Tim Hoettges, seeking assurances that their jobs and paychecks will be safe if the wireless carrier is allowed to merge with Sprint, its smaller rival.
EU regulators are examining Facebook’s proposed Libra cryptocurrency to see if it harms competition, Europe’s antitrust regulator said on Wednesday, the latest watchdog to voice concerns about the social network’s move into financial services.
In between all the eating and drinking (I make no apology!) I did with family and friends this weekend, I squeezed in a couple of sets of tennis. And I noticed my tennis partner had a new pair of sneakers.
“Nice sneakers,” I commented.
“I got ‘em at a great price,” my partner said. “I tried them on at a discount store at the mall, then bought them on Amazon for 20% cheaper.”
And that is why traditional retail is scuffling, in a nutshell.
Brick-and-mortar stores and e-commerce companies alike are trying to compete with Amazon.
But Amazon’s overwhelming market power begs the question: Is …read more […]
The U.S. economy grew at a modest pace in recent weeks, with manufacturing buffeted by a global slowdown while consumer purchases gave mixed signals on the strength of household spending, the Federal Reserve reported on Wednesday.
Stocks rebounded worldwide on Wednesday, and the U.S. Treasury yield curve steepened as easing geopolitical concerns and upbeat economic data from China helped revive investor risk appetite.
The National Transportation Safety Board (NTSB) on Wednesday cited driver errors and Tesla Inc’s Autopilot design as the probable cause of a January 2018 crash of a Model S into a parked fire truck on a highway in California.
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