Trading Ideas
What Kind Of Shareholder Owns Most Evolus, Inc. (NASDAQ:EOLS) Stock?
The big shareholder groups in Evolus, Inc. (NASDAQ:EOLS) have power over the company. Institutions will often hold… …read more […]
Month: November 2019
Trading Ideas
What Is Foundation Building Materials's (NYSE:FBM) P/E Ratio After Its Share Price Rocketed?
Foundation Building Materials (NYSE:FBM) shares have had a really impressive month, gaining 31%, after some slippage… …read more […]
Business News
Alibaba, Russian Post launch China-Russia flights to cut delivery times
Alibaba Group’s logistics operator and Russia’s Pochta postal service have launched their first direct China-Russia cargo flights to deliver AliExpress goods purchased online by Russians, AliExpress Russia said on Thursday.
Business News
Rolls-Royce takes another $1 billion hit to fix problem engine
The bill to fix Rolls-Royce’s Trent 1000 engine has risen by another 800 million pounds ($1 billion) as the aerospace group battles to reduce disruption to airline customers that have had to ground Boeing 787 passenger planes for repairs.
Business News
JD.com’s Liu resigns from China parliament advisory body: state tv
The advisory body of China’s parliament has accepted the resignation from the body of JD.com Chief Executive Richard Liu for “personal reasons”, China’s state broadcaster CCTV reported on Thursday.
Business News
Uber faces costly choices after expert finds it uses Waymo self-driving tech
Uber said it “will likely” have to strike a licensing deal with Waymo or opt for costly changes to its autonomous driving software, after an expert found the ride-hailing giant still used technology from the Alphabet Inc unit.
Business News
Lufthansa only interested in ‘restructured’ Alitalia: CEO
German airline Lufthansa is only interested in investing in struggling Italian airline Alitalia [CAITLA.UL], which is running out of cash and racing to find new funds, once it has been restructured, its chief executive said on Thursday.
Trading Ideas
Lufthansa only interested in “restructured” Alitalia-CEO
German airline Lufthansa is only interested in investing in struggling Italian airline Alitalia, which is running out of cash and racing to find new funds, once it has been restructured, its chief executive said on Thursday. “The technical restructuring of taking elements out, people out needs to be done by the current ownership before we can see ourselves getting involved here,” Carsten Spohr told analysts after Lufthansa reported third quarter results. On Wednesday, Alitalia’s administrators said they had no preferred option between Delta Air Lines and Lufthansa, the two groups talking with rail operator Ferrovie dello Stato about …read more […]
Business News
China considers removal of U.S. poultry import restrictions: Xinhua
China is considering the removal of restrictions on poultry imports from the United States, state-owned Xinhua News Agency reported on Thursday.
Business News
Dubai airport passenger traffic falls 2.4% in third quarter
Dubai International, the world’s busiest airport for international travelers, reported a 2.4% fall in third-quarter passenger traffic on Thursday.
Trading Ideas
Wind turbine maker Vestas benefits from climate change action, sees orders jump
Wind turbine maker Vestas’ sales, orders and profit surpassed analysts expectations in the third quarter as the Danish firm enjoys one of its busiest periods on record, lifting its shares nearly 11 percent on Thursday. Demand for renewable power sources has been growing in tandem with global efforts to combat climate change, boosting both Vestas’ orders for new turbines and its service business, where it now maintains roughly 43,000 turbines. “The industry we’re representing is on very very high demand with all the focus on the environment and we see a strong message from most governments,” Chief …read more […]
Business News
Delayed U.S. soybean cargo booked under waiver offloads, worries linger
A cargo of American soybeans booked in the hope it would be exempt from tariffs has been offloaded in China after about a one-week delay due to a dispute between the buyer and customs officials over duty payments, said two sources briefed on the matter.
Business News
Toyota announces $1.8 billion share buyback after strong second-quarter
Toyota Motor Corp plans a $1.8 billion share buyback, Japan’s biggest automaker said on Thursday, after beating quarterly forecasts on higher global vehicle sales and an improved performance in North America.
Business News
Oil rebounds to $62 on hopes for U.S.-China trade deal
Oil rose above $62 a barrel on Thursday after China hinted at progress toward a trade deal with the United States, raising hopes for an end to a long dispute that has weighed on economic growth and fuel demand.
Trading Ideas
Tesla's China Factory Will Make or Break Elon Musk’s Vision
(Bloomberg) — Sign up for Next China, a weekly email on where the nation stands now and where it’s going next.Elon Musk said he’s never seen a factory built so quickly, and now he’s about find out if it’s up to the task.Tesla Inc.’s new Shanghai Gigafactory, which only broke ground in January, is weeks from starting mass production of electric sedans. China’s first plant wholly owned by a foreign carmaker — and Tesla’s first outside the U.S. — is a crucial test of Musk’s bid to keep his carmaker profitable as he bets big on the world’s biggest market …read more […]