Trading Ideas
Why Rosenblatt is Rooting for AAOI Stock Ahead of Earnings
Rosenblatt upgraded Applied Optoelectronics to “buy” and lifted its target price to $13 …read more […]
Month: November 2019
Trading Ideas
Marriott CEO Sorenson Offers Update on Cancer Treatment
Marriott International CEO Arne Sorenson said Tuesday he will have surgery for pancreatic cancer over the holidays but will continue to run the company. The head of the largest hotel company in the world, after acquiring Starwood Hotels and Resorts, has been battling pancreatic cancer. He offered the update to investors and analysts during a […] …read more […]
Business News
Italian government, ArcelorMittal dig in over Ilva row
Italian Prime Minister Giuseppe Conte said on Tuesday he would not allow ArcelorMittal to pull out of its acquisition of troubled steel plant Ilva, as the threat of huge job losses piled pressure on the government.
Business News
S&P 500 index holds steady after run to record
The benchmark S&P 500 was little changed on Tuesday, pausing after growing expectations of a trade deal between the United States and China helped boost the three main U.S. stock indexes to record highs in the previous session.
Trading Ideas
Donald Smith Trims Kinross Gold, Micron Technology Positions
Investor’s largest sales of the 3rd quarter Continue reading… …read more […]
Business News
Shale CEO calls out industry for Permian Basin gas flaring
Pioneer Natural Resources Chief Executive Scott Sheffield on Tuesday called on producers in the top U.S. shale field to limit natural gas flaring and monitor for methane leaks.
Trading Ideas
This unicorn uses AI to make loan decisions in minutes
Startup company Kabbage is a data and technology platform that’s using artificial intelligence to provide lines of credit to small businesses online. Kabbage CEO & Co-founder Rob Frohwein joins Yahoo Finance’s Zack Guzman and Heidi Chung, along with Radio Host & Podcaster Ben Kissel, to discuss the startup. …read more […]
Business News
FCC releases order approving Sprint, T-Mobile merger, vote was along party lines
The Federal Communications Commission on Tuesday released its order approving T-Mobile US Inc’s proposed $26.5 billion tie-up with Sprint Corp in a vote split along party lines.
Trading Ideas
Einhorn Shorts Netflix, Dislikes Amazon, Disney, and Other Streaming Companies
Billionaire David Einhorn offered insights into Greenlight Capital’s quarterly returns in his 2019 Q3 investor letter, giving his opinion on a number of the positions held by the hedge fund. You can download a copy of it here. Greenlight Capital managed a return of 24% during the first 3 quarters of 2019, outstripping the S&P 500 Index ETFs by 3.5 percentage […] …read more […]
Business News
AT&T to pay $60 million in settlement for slowing cellphone data on unlimited plans
AT&T will pay $60 million to resolve U.S. allegations it misled millions of smartphone customers by charging them for “unlimited” data plans that reduced data speeds if they used too much, the Federal Trade Commission (FTC) said on Tuesday.
Business News
ArcelorMittal will not reverse Ilva decision: source
Steelmaker ArcelorMittal will not reverse its decision to withdraw from a deal to buy Italian steelmaker Ilva regardless of government efforts to salvage the accord, a source close to the matter said on Tuesday.
Business News
FCC releases order approving merger of Sprint, T-Mobile along party lines
The Federal Communications Commission on Tuesday released its order approving T-Mobile US Inc’s proposed $26.5 billion tie-up with Sprint Corp in a vote split along party lines.
Trading Ideas
FCC releases order approving Sprint, T-Mobile merger, vote was along party lines
The Federal Communications Commission on Tuesday released its order approving T-Mobile US Inc’s proposed $26.5 billion tie-up with Sprint Corp in a vote split along party lines. Chairman Ajit Pai and two other Republican commissioners voted to approve the deal while two Democratic commissioners voted against it. The FCC commissioners voted earlier this month but the order was not made public until they could cut confidential information and give commissioners time to draft statements. …read more […]
Business News
Exclusive: Walgreens has explored taking drug store chain private – sources
Walgreens Boots Alliance Inc has been exploring whether to go private following private equity interest in the U.S drug store chain, according to people familiar with the matter.
Trading Ideas
Walgreens Boots Alliance exploring potential deal to take company private: Bloomberg
Walgreens Boots Alliance is exploring a potential deal to go private, according to Bloomberg. If the deal goes through, it could become the largest leveraged buyout in history. Yahoo Finance’s Zack Guzman and Heidi Chung discuss with Radio Host & Podcaster, Ben Kissel. …read more […]