$ICE, $NADQ Friday, US regulators approved a new stock exchange that is the brainchild of a Silicon Valley entrepreneur, a move that will give high-growth technology companies more options to list their shares outside of the traditional New York exchanges. The US Securities and Exchange Commission (SEC) Friday approved the creation of the Long-Term Stock […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: US inflation is falling again, and this time Fed officials may feel compelled to respond. After a gauge of price pressures central bankers watch closely finally rose above their 2% target last Summer marking the 1st time North of it since 2012 it moderated to 1.8% in January, and […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: President Trump said the US will probably know, 1 way or another, in “the next 3 or 4 weeks” about a possible trade deal with China, as S&P 500 marked a fresh closing high Friday. “If that gets done, it will be something that people will be talking about […]
China Unicom (Hong Kong) Limited is a Hong Kong-based investment holding company principally engaged in the provision of telecommunications services. The Company’s businesses include mobile businesses, fixed-line businesses and others. Its mobile businesses include the provision of call services, roaming services, mobile broadband services, traditional value-added services such as short message services, multimedia message services […]
China Unicom (Hong Kong) Limited is a Hong Kong-based investment holding company principally engaged in the provision of telecommunications services. The Company’s businesses include mobile businesses, fixed-line businesses and others. Its mobile businesses include the provision of call services, roaming services, mobile broadband services, traditional value-added services such as short message services, multimedia message services […]
$ICE, $CBOE, $NDAQ The 3 largest US stock exchange operators said they will sue the Securities and Exchange Commission (SEC) for overstepping its authority by ordering a pilot program to test banning lucrative payments exchanges make to brokers for resting stock orders. “We disagree with the government overreach, and this really represents an unprecedented attempt […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Fake News: reports of canceled trading meeting with Chinese officials untrue, there was No meeting planed to cancel. “The big meeting that everyone’s moving towards will be Vice Premier Liu He is coming at the end of the month, as I think everybody knows. That will be a very important […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Stocks paused to refresh Friday after being up 10.4% since Christmas Eve, earnings season begins in earnest next week, Analysts have been very negative ahead of this coming reporting frame. Earnings reports start next week with results from the big banks. And the warnings have been the most dire in […]
$DIA, $SPY, $QQQ, $RUTX, $VXX, $AAPL The S&P 500 fell 2.5% Thursday, as a revenue warning from Apple (NASDAQ:AAPL) and weak manufacturing data fueled concerns about a slowdown in global economic growth, undermining the broad market. The DJIA lost 2.8%, the NAS Comp lost 3.0%, the Russell 2000 lost 1.8%. On the day, 9 of the 11 […]
$DIA, $SPY, $QQQ, $RUTX, $VXX S&P 500 retests its February low at 2532.69 for the 3rd session running US stocks declined Wednesday after the Fed’s dovish forecast of fewer interest-rate increases in Y 2019 fell short of investors’ hopes of a more dovish monetary policy. The DJIA fell as much as 500 pts at 1 […]
Ferrari (NYSE:RACE) Builds 1-off Supercars for its Loyal Clienti $RACE Ferrari (NYSE:RACE) has a history of building 1-off Supercars for its loyal customers, which is how its new open-top Monza sports cars came to be. Now, we are seeing this Ferrari SP3JC commissioned by a longtime customer with unusual tastes. The SP3JC livery is wild! The […]
Ferrari’s (NYSE:RACE) 488 Pists Wins Supercar of the Year Award $RACE Plus, the 488 Pista’ s 3.9 litre twin-turbo V8 delivers 710hp, and is the best engine in the World Ferrari (NYSE:RACE) managed to make 700bhp Supercar usable, and fun to drive. Ferrari’s latest mid-engined Special Series V8, the 488 Pista, has been nominated “Supercar […]
Ferrari (NYSE:RACE) Planning to Introduce an 812 Convertible $RACE Ferrari (NYSE:RACE) will follow up its Limited Edition Monzas will a full production run of a 812 roadster aka Spider. According to a FerrariChat forum frequented by Ferrari fans and owners a convertible version of the Ferrari 812 Superfast is in the works with some clienti saying they have placed […]
F1: Ferrari’s (NYSE:RACE) Season the “Strongest in the Past 10 Years” + The Maranello Outfit is buying back its shares in the market. $RACE Ferrari’s (NYSE:RACE) engineering Chief Jock Clear believes the Team has had its “strongest season for 10 years” in F1 during Y 2018. Although Ferrari emerged as a major threat to MercedesAMG in the […]
The FAANGs Drove the S&P 500 (SPY) Due South Monday $DIA, $SPY, $QQQ, $RUTX, $VXX FAANG Group: Apple, Facebook Inc, Amazon.com Inc, Netflix Inc and Alphabet Inc shed between 3% and 4.8% on the day. Monday, the Dow Jones Industrial Average shed more than 500 pointsm as a slump in Apple shares hammered the tech […]
Despite being blocked in China, Twitter and other overseas social media sites have long been used freely by activists and government critics to address subjects that are censored on domestic forums — until now. As Beijing presses a campaign to throttle any remaining voices that stray from the Communist Party narrative, it is extending its […]
General Electric Company (NYSE:GE) plunges after slashing dividend It’s looking dim for shares of GE. The former industrial giant hit its lowest level in a nearly decade on Tuesday – briefly breaking below $10 – after the company cut its dividend to just one cent per share. General Electric’s struggles continued during the third quarter […]
J. C. Penney Company, Inc. (NYSE:JCP) Analysts are speculating a 47.06% move J. C. Penney Company, Inc. (NYSE:JCP), with a trailing 12-month price-to-sales ratio of 0.04, is now among the bigger bargains in its industry. The broad Department Stores industry has an average P/S ratio of 4.07, which is significantly better than the sector’s 9.92. […]
Ferrari’s (NYSE:RACE) Latest Supercars Have No Tops or Windshields $RACE Ferrari’s (NYSE:RACE) Monza SP1 and SP2 cars are open, windshield-less, and equipped with the most powerful engine the company has ever built. Unveiled last month, the 2 Limited-Edition Supercars are the 1st in Ferrari’s new Icona series that pay homage to the Vintage and Classic […]
Ford Motor Company (NYSE:F) Cash Restructuring, Refreshed Product Cadence to Lift Legacy Auto Maker In a note to clients on Monday, Goldman Sachs upgraded shares of the Detroit-based car company to buy from neutral. Analyst David Tamberrino attributed his bullish outlook to the company’s ongoing restructuring plan as well as the rollout of new auto models. Ford’s CEO […]
A 2019 Bear Market Event May Trigger a DJIA Move to 40,000 $DIA, $SPY, $QQQ, $RUTX, $MTAFF, $GLGDF, $RGLD, $FNV,$WPM You may recall in January 2016, the DJIA was trading at the 16,000 mark, when Yves Lamoureux, President of macroeconomic research firm Lamoureux & Co., said DIA would top 25,000 within 3-4 years. It did not take […]
Ford Motor Company (NYSE:F) posts weaker sales and higher costs in China Ford Motor Company (NYSE:F) said it earned $991 million in net income in the third quarter, down 37% from the third quarter of 2017 largely because of weaker sales and higher costs in China. Revenue of $37.6 billion was up about $1.1 billion […]
Domino’s Pizza, Inc. (NYSE:DPZ) revenue to jumped 24% Domino’s posts its results on Tuesday morning, and investors have high hopes for the delivery giant’s latest operating trends. Its last quarterly report hit all the right notes, with sales expanding by a robust 7% at its existing take-out and delivery hubs. That boost, plus the addition of […]
Now You Can Order a Yacht From Car Maker Lexus $TM, $RACE, $HMC, $POAHY Deliveries of the Lexus LY 650 65-ft luxury yacht begin mid-2019 We’re way past the point where we think of carmakers as restricted to making just cars. For example: There is Aston Martin (LON:AML) that’s building luxury apartments in Miami. Porsche Design […]
The Boeing Company (NYSE:BA) sell-off in the face of rising interest rates and trade war concerns Boeing (BA) and fellow Dow Jones industrial stocks United Technologies (UTX), Caterpillar (CAT) and 3M (MMM) fell Wednesday. Industrial stocks are not safe havens from the tech-led sell-off in the face of rising interest rates and trade war concerns. […]
Caterpillar Inc. (NYSE:CAT) not safe havens from the tech-led sell-off Caterpillar stock lost 3.8% to 143.72. The heavy machinery maker is testing its 200-day average line after tumbling below its 50-day line on Wednesday. Caterpillar is still ranked No. 1 in IBD’s Machinery-Construction/Mining group. Price earnings ratio (P/E) ratio of Caterpillar Inc. (CAT) is 16.38. CAT […]
UnitedHealth Group Incorporated (NYSE:UNH) edged higher in the premarket Health insurers have been among the top-performing groups in 2018. They’ve been among the only top-rated groups to fare reasonably well in October, as other medical groups have sold off, such as software and chip names. UnitedHealth stock tested its 50-day line intraday, but settled with […]
Ford Motor Company (NYSE:F) Wall Street punishing Ford Ford Motor Co. shares traded below $9 on Tuesday for the first time in more than six years, a low point that experts blame in part on the Dearborn automaker’s reluctance to share a detailed map of its future. The stock price slumped 3.4 percent Tuesday to close at $8.95 per share. Blue […]
Snap Inc. (NYSE:SNAP) hits all-time low Shares of Snap reached all-time lows Tuesday on the heels of reports that the social media company is running out of cash. The parent company of Snapchat sunk to $7.04 a share shortly after 11 a.m. Tuesday, before rising several cents. The decline marks a 70 percent drop since […]
Ferrari’s (NYSE:RACE) Monza Supercars Big Boost to Earnings $RACE Ferrari (NYSE:RACE) plans to sell 499 units of the Monza SP1 and SP2 Supercars at $1.85-M each. Over 2 years of production, that will generate an additional $755-M in revenue. The figure is the Italian price and includes a 22% VAT, which means just over $1.5-M […]
Wells Fargo & Company (NYSE:WFC) post earnings results on Friday Several of the country’s biggest financial giants will post earnings results on Friday, but investors are especially interested in Wells Fargo’s business update. The banking giant issued mostly disappointing figures back in July, as revenue was pulled lower by a declining loan portfolio. Wells Fargo […]
A “Red Wave” in November Means More Tax Cuts for Americans $DIA, $SPY, $QQQ, $RUTX, $VXX A “Red Wave” in the November midterm elections means “tax cuts 2.0” GOP voter enthusiasm is powered by support for Supreme Court nominee Brett Kavanaugh Financial stocks are rallying for a 2nd day running as 10-year T-Note yields top […]
US Retailers See Big Jump in Holiday Sales $DIA, $SPY, $QQQ, $RUTX, $VXX US holiday sales in Y 2018 will increase 4.3 to 4.8% boosted by a strong economy, but will be slower than a year ago when consumer spending surged to a 12-year high, according to a forecast from a leading retail industry group. […]
Wall Street Applauds New USMCA Trade Deal $DIA, $SPY, $QQQ, $RUTX, $VXX Monday, Wall Street opened Q-4 on a positive note as a President Trump’s USMCA trade pact eased participants concerns. The DJIA finished strong, up 0.7%, but the NAS Comp closed 0.1% lower. The Russell 2000 also closed lower, off 1.4%. Canada and Mexico […]
Oracle Corporation (NYSE:ORCL) Oracle’s Thomas Kurian has resigned Oracle Corp. says one of its top executives, Thomas Kurian, has resigned from the company, three weeks after saying he was taking “extended time off” from the database and business software giant. In September, Kurian told employees via an email that he would be taking extended leave, and […]
Southwest Airlines Co. (NYSE:LUV) Possible Double Digit Profits Southwest Airlines Co. (LUV) operates a passenger airline that provides air transportation services in the U.S. and near-international markets. It serves 101 destinations in 40 states; Washington, D.C.; and Puerto Rico and also eight other countries, including Mexico, Jamaica, the Bahamas, Aruba, the Dominican Republic, Costa Rica, […]
NIKE, Inc. (NYSE:NKE) Buy on Dips Nike shares fell as much as 3 percent on Wednesday after the company disappointed Wall Street by not raising its full-year forecast following a sales boost from its Colin Kaepernick ad campaign. The campaign, along with Nike’s increasing efforts to woo younger customers with new sneakers and jerseys, had led […]
Twitter Bans James Woods #FreeJamesWoods Conservative actor and Trump supporter James Woods has been banned from Twitter for sharing a meme trolling the Democrats. Woods hit back, accusing Twitter of being in the “censorship business.” Conservative Twitter users have been quick to come to Woods’ defense, echoing his claim that Twitter is engaging in politically-motivated […]
Aurora Cannabis Plans US Stock Listing in October $ACBFF, $TLRY, $KO, $SZT Canada’s Aurora Cannabis Inc. (TSX:ABC) said Thursday it planned a US listing of its shares in October, as it looks to cash in on strong investor appetite for marijuana producers. Interest has boomed in Canada’s marijuana companies ahead of legalization of recreational cannabis […]
Ferrari’s (NYSE:RACE) CEO, “We Will Work to Double Profits by 2022” $RACE Ferrari(NYSE:RACE) announced plans to introduce 15 new models on Tuesday, including a range of hybrids and a FUV vehicle, as it aims to 2X its earnings by Y 2022. In the company’s annual Capital Markets Day presentation Tuesday, CEO Louis Camilleri pared Ferrari’s long-term […]
The Coca-Cola Company (NYSE:KO) Cannabis Deal Coming? This brings us to the Rumor of the Day in the cannabis market: a potential deal between Coca Cola Co. and Aurora Cannabis Inc. (TSX: ACB). While a Coca Cola official has issued a statement saying that management “have no interest in marijuana or cannabis”, this news is […]
The Trump Effect: Atlanta Fed Keeps GDP Forecast at 4.4% $DIA, $SPY, $QQQ, $RUTX, $VXX Wednesday, the S&P 500 finished with a gainer of 0.1%, driven by financial shares, which rallied on another rise in interest rates. The blue-chip DJIA outperformed, adding 0.6%, the NAS Comp lagged, closing lower by 0.1%, and the small-cap Russell […]
SunTrust Banks, Inc. (NYSE:STI) Buy on Dips The stock has current RSI value of 30.79. Wilder believed that when prices rose very rapidly and therefore momentum was high enough, that the underlying financial instrument/commodity would have to eventually be considered overbought and a selling opportunity was possibly at hand. Likewise, when prices dropped rapidly and […]
Ferrari’s (NYSE:RACE) ‘Icona’ Project Focused Boosting Profit Margins $RACE Ferrari (NYSE:RACE) is set to unveil a Special Edition Supercar that will form an integral part of CEO Louis Camilleri’s highly-anticipated 5-year strategy plan. The “Icona” project, hinted to customers last month in an invitation, will broaden Ferrari’s offering of Limited Edition Super and HyperSuper cars, a […]
salesforce.com, inc. (NYSE:CRM) Time magazine will have a new home Nearly eight months after Meredith Corp. MDP, -0.57% completed its purchase of Time Inc., the publisher has agreed to sell Time magazine for $190 million to Marc Benioff, co-founder of Salesforce.com CRM, -0.44% , and his wife Lynne Benioff. The proposed sale is expected to […]
Ford Motor Company (NYSE:F) faced potential insolvency during the last financial crisis Ten years ago, amidst the worst financial crises since the Great Depression, the American auto industry almost died. By Fall 2008, the “Big Three” US car companies of General Motors, Chrysler, and Ford faced potential insolvency, and without swift government intervention, their futures were […]
F1: Ferrari (NYSE:RACE) Planning for the Long Term with Charles Leclerc $RACE Ferrari (NYSE:RACE) team principal Maurizio Arrivabene says that the decision to replace the experience of Kimi Raikkonen, 38 anni, with the raw talent of Charles Leclerc, 20 anni, for next season was made with the long-term of The Scuderia in mind. Mr. Leclerc […]
The Kroger Co. (NYSE:KR) fell as the company warned on profit growth Shares of Kroger, Inc. (NYSE:KR) were dropping today after the supermarket operator issued an underwhelming second-quarter earnings report. Comparable sales were short of analyst estimates, and the company warned on future profit growth as it continues to make investments. As a result, Kroger […]
General Mills, Inc. (NYSE:GIS) Trending Hot Stock The stock settled the final trade on $47.55. Analysts consider this stock active, since it switched over with 3,982,865 shares as compared to its average volume of 4.86M shares. The Average Daily Trading Volume (ADTV) demonstrates trading activity related to the liquidity of the security. When Ave Volume […]
Red Hat, Inc. (NYSE:RHT) Poised to Beat Earnings Estimates Red Hat (RHT) stock managed performance 1.16% over the last week and switched with performance of 3.59% throughout past one month period. The stock price exposed a move of 23.25% so far this year and uncovered flow of 38.28% in recent year. The shares price displayed -13.47% […]
CBS Corporation (NYSE:CBS) CEO Leslie Moonves exits CBS without severance package Bowing to pressure brought on by a sexual harassment scandal, CBS Corp. Chairman and Chief Executive Leslie Moonves resigned Sunday, marking a stunning fall from grace for one of Hollywood’s most respected entertainment executives. CBS Corporation announced on Sunday that chairman and CEO Leslie […]
NIKE, Inc. (NYSE:NKE) online sales spike amid controversial Kaepernick ad It’s been a week since Nike announced the face of the thirtieth anniversary of its “Just Do It” campaign would be Colin Kaepernick. Surprising no one, the backlash arrived swiftly, with disgruntled white men setting their shoes on fire and defiantly chopping off the tops […]
Wells Fargo & Company (NYSE:WFC) Wells Fargo can’t wake up from the nightmare Wells Fargo can’t wake up from the nightmare that began exactly two years ago. What sounded at first like a run-of-the-mill bank settlement — a $185 million payment to atone for “sales practices” — has morphed into a cascade of scandals that […]
Walmart Inc. (NYSE:WMT) impressive track record of rewarding investors Walmart (NYSE:WMT) can provide steadily growing income for a nest egg. The world’s largest retailer has an impressive track record of rewarding investors. The company has hiked its payout every year since it began paying dividends in March 1974, placing it in the elite club of […]
The Boeing Company (NYSE:BA) running out of space to store unfinished 737s Boeing Co. BA -1.18% is facing a problem as it races to meet demand for single-aisle, fuel-efficient jets: where to store unfinished 737s piling up at a factory near Seattle. One answer in late July was the taxiway of the small airport in […]
Wells Fargo & Company (NYSE:WFC) One Dozen Investment Bankers Fired Wells Fargo & Co. has fired or suspended more than a dozen employees in its investment bank and is investigating dozens of others over alleged violations of the company’s expense policy regarding after-hours meals, according to people familiar with the matter. At issue is whether […]
Arconic Inc. (NYSE:ARNC) discussing acquisition offers Arconic Inc. ARNC -0.76% —Down 0.4%: The aerospace parts maker climbed 4.7% Friday after Reuters reported late in the session that it is discussing acquisition offers. The stock has risen 28% since July 13, when The Wall Street Journal reported Arconic is the subject of takeover interest from private-equity […]
Chipotle Mexican Grill, Inc. (NYSE:CMG) Target $445 Chipotle (NYSE: CMG ) stock was falling Monday following a downgrade from an analyst.\ The blow to Chipotle stock comes from Wedbush analyst Nick Setyan. A recent note from the analyst has him downgrading CMG stock from its previous “Neutral” rating to a new “Underperform” rating. It wasn’t […]
PG&E Corporation (NYSE:PCG) Regulations Are Hurting This Value Stock The benefits of utility stocks are that they are regulated monopolies, with no competition. But in California, PG&E (NYSE:PCG) has had to suspend the dividend to pay for the damages from recent fires in California. The state has held PG&E liable, which means shareholders are on […]
L Brands, Inc. (NYSE:LB) stock was down 13% as of noon Thursday L Brands stock was falling hard on Thursday after slashing its profit outlook for the full year of 2018. The blow to L Brands stock is the result of the company cutting its earnings per share estimate for 2018 to between $2.45 and $2.70. It […]
Document Security Systems, Inc. (NYSE:DSS) Downgraded The costs are rising faster than revenue is this one, expect them to face a significant cash crisis in 2018. Net income during the second quarter of 2018 was approximately $2.7 million, or $0.16 per share, as compared to a net loss of $265,000 ($0.02 per share) during the […]
Noble Energy, Inc. (NYSE:NBL) Rises 3.93% Among the biggest risers on the S&P 500 on Wednesday August 22 was Noble Energy Inc. ($NBL), popping some 3.93% to a price of $29.86 a share with some 6.01 million shares trading hands. Starting the day trading at $29.07, Noble Energy Inc. reached an intraday high of $30.17 […]
Lowe’s Companies, Inc. (NYSE:LOW) is slimming down to better compete with Home Depot The home improvement retailer did report earnings that topped forecasts on Wednesday, thanks to a healthy housing market. Shares surged more than 7% in early trading on the news. But Lowe’s (LOW) cut its sales and profit outlook for the year. The […]
Tyson Foods, Inc. (NYSE:TSN) to acquire Keystone Foods Tyson Foods Inc. TSN, +1.60% said Monday it has agreed to acquire the Keystone Foods business from Marfrig Global Foods for $2.16 billion in cash. The deal includes six processing plants and an innovation center in the U.S. with locations in Alabama, Georgia, Kentucky, North Carolina, Pennsylvania […]
Macy’s, Inc. (NYSE:M) Rises 6.05% for August 20 Among the biggest risers on the S&P 500 on Monday August 20 was Macy’s Inc ($M), popping some 6.05% to a price of $38.21 a share with some 12.86 million shares trading hands. Starting the day trading at $36.09, Macy’s Inc reached an intraday high of $38.24 […]
The Estée Lauder Companies Inc. (NYSE:EL) Delivers Outstanding Fiscal Year 2018 Results – Fourth Quarter Reported Net Sales Increased 14%; Up 12% in Constant Currency – – Full Year Reported Net Sales Rose 16%; Up 13% in Constant Currency – – Strong Constant Currency Growth Expected to Continue in Fiscal 2019 – The Estée Lauder […]
Coty Inc. (NYSE:COTY) scheduled to release fourth-quarter fiscal 2018 Coty Inc. (COTY) stock managed performance 1.41% over the last week and switched with performance of -11.32% throughout past one month period. The stock price exposed a move of -38.56% so far this year and uncovered flow of -36.22% in recent year. The shares price displayed […]
Walmart Inc. (NYSE:WMT) Stock Surges After Great Quarter Walmart (WMT – Get Report) defied investor and analyst expectations, posting strongest sales growth in more than 10 years. The shares jumped 9.7% as of 11:33 a.m., after the company reported its net sales increasing 4% in the fourth quarter. “This is one of those quarters where […]
CVS Health Corporation (NYSE:CVS) An Opportunity To Generate Profits Shares of CVS Health ended last week up more than 6% as the integrated pharmacy health care provider reported better than expected quarterly results and investors seemed pleased that its acquisition of health insurance provider Aetna is still on track. CVS posted adjusted EPS of $1.69, versus forecasts […]
Helmerich & Payne, Inc. (NYSE:HP) Reaches Analyst Target Price In recent trading, shares of Helmerich & Payne, Inc. (Symbol: HP) have crossed above the average analyst 12-month target price of $63.36, changing hands for $63.56/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on […]
Dick’s Sporting Goods, Inc. (NYSE:DKS) is breaking out higher Dick’s Sporting Goods (DKS) is breaking out higher following stronger fundamental results. Its operations continue to expand, even as its debt level is rising. Its valuation remains reasonable, while investor optimism improves. I am buying stock in this name as its fundamental narrative drives investor sentiment.\ Dick’s […]
The Home Depot, Inc. (NYSE:HD) retailer reported that same-store sales increased 8% in the second quarter The Home Depot®, the world’s largest home improvement retailer, today reported sales of $30.5 billion for the second quarter of fiscal 2018, an 8.4 percent increase from the second quarter of fiscal 2017. Comparable sales for the second quarter of fiscal […]
The Coca-Cola Company (NYSE:KO) Minority Stake in BODYARMOR with Path to Ownership Coca-Cola is taking a minority ownership stake in BODYARMOR, a fast-growing line of premium sports performance and hydration beverages, the companies announced today. Through this strategic relationship, BODYARMOR will remain an independent company and gain access to the expansive Coca-Cola bottling and distribution […]
The Kroger Co. (NYSE:KR) products to be sold on Alibaba’s Tmall Global platform in China Kroger’s new online store introduces Our Brands to international customers for the first time. Kroger’s online store test will start with select Simple Truth® items, providing Alibaba’s more than half a billion Chinese consumers with easy access to America’s largest natural and organic brand. […]
Bank of America Corporation (NYSE:BAC) Turkey Contagion Fears Financial stocks bore the brunt of Turkey contagion fears, with shares of Citigroup Inc, Bank of America Corp, Wells Fargo & Co and JPMorgan Chase & Co closing down between 0.8 percent and 2.2 percent. A pledge by Turkey’s central bank to stabilize the plummeting lira failed […]
Deutsche Bank Aktiengesellschaft (NYSE:DB) Things Could Get Worse Deutsche Bank AG (USA) DB stock is down nearly 40 percent year-to-date, but one analyst says things are going to get much worse for Deutsche Bank investors before they get better. The Analyst Bank of America analysts led by Andrew Stimpson downgraded Deutsche Bank from Neutral to […]
Yelp Inc. (NYSE:YELP) soars to 52-week high as earnings penetrate the pessimism Yelp shares closed up 27 percent Thursday, a day after it posted second-quarter earnings-per-share of 12 cents versus the 1 cent Thomson Reuters consensus. It also reported sales of $235 million for the quarter versus Street expectations of $232 million. The company said […]
Spotify Technology S.A. (NYSE:SPOT) Stock Just Jumps After Samsung Partnership Streaming music service Spotify Technology (SPOT) and consumer electronics heavyweight Samsung are partnering to take on mutual rival Apple (AAPL). Spotify stock jumped on the news Thursday. Spotify stock rose by just under 5 percent on the day closing at $187.38. Prices have thus far […]
Ford Motor Company (NYSE:F) new model could debut in 2019 or 2020 Ford (NYSE:F) plans to introduce a small utility vehicle based on its compact Focus sedan and with a nod to the automaker’s classic mid-1960s Bronco offroader. The disclosure on the new introduction was made yesterday during Hau Thai-Tang’s presentation at the JPMorgan Auto […]
Bank of America Corporation (NYSE:BAC) seems undervalued compared to its peers A glance over shares of Bank of America Corporation (BAC)price that shifted 3.83% away from 20-Days Simple Moving Average, 6.41% from 50-Days Simple Moving Average and separated 5.51% from 200 Days Simple Moving Average. Bank of America Corporation (BAC) declared loss -0.03% in latest trading […]
Apple (NASDAQ:AAPL) and Tech Giants are Top 5 in Value $DIA, $SPY, $QQQ, $RUTX, $VXX, $AAPL Thursday, Apple (NASDAQ:AAPL) became the 1st public company to exceed $1-T in market cap, just 2 days after reporting better-than-expected Quarterly earnings. The personal technology giant is known for the iPhone smartphone, tablet and Macbook laptops, as well as […]
Bitcoin (BTC) Seems Out of Favor In Here $BTCUSD The world’s biggest cryptocurrency is off more than 5% in the last week, now trading just below 7,700. Despite the latest decliner, 1 cryptocurrency trader says the sell-off is temporary. “Bitcoin has had a pretty good run from 5,800 up to 8,400ish”. So, while it might […]
Twitter, Bloomberg and Stocktwits Enhance Services Bloomberg announced today the expansion of its relationship with Twitter, launching a real-time feed of curated Twitter data, so that enterprise clients can incorporate the most financially relevant content into their trading algorithms. Built on the back of Bloomberg’s robust Natural Language Processing techniques and available through the company’s […]
Ferrari’s (NYSE:RACE) Display Wow’d at Goodwood Festival $RACE Ferrari’s (NYSE:RACE) display at this year’s Goodwood Festival of Speed (FoS) showcased the Maranello outfit’s brand horsepower. Making their UK debut at this world-famous event were the 488 Pista, Portofino, 812 Superfast and FXX K Evo. And putting the 599XX, FXX and FXX K Evo through their track paces were The Scuderia’s GT […]
Financial Advisors Have to Take Notice of Cryprocurrency Investments $BTCUSD, $ETHUSD Perhaps the most interest among everyday investors in several years are cryptocurrencies like Bitcoin or Ethereum. But, the majority of financial planners are less excited. Wirehouses including: UBS (NYSE:UBS), Merrill Lynch Bank of America (NYSE:BAC) and Morgan Stanley (NYSE:MS) have forbidden their advisors from buying and selling […]
Many US Industries Will Thrive During Trade Tensions $DIA, $SPY, $QQQ, $RUTX,$ VXX Several US industries are set to withstand the trade dust-up or even thrive, according to US financial services firm Cowen and Company. China’s recent revisions to tariffs have a clear benefit to luxury retailers, Cowen analysts said in its report. While the […]
The Bulls are In Charge, DJIA Catching Up $DIA,$SPY, $QQQ, $RUTX, $VXX Stocks Up and Treasuries Down Investors are focused on the start of the earnings season which begins unofficially Friday The S&P 500 Index gained for a 4th day running, the longest streak since the beginning of June on moderate volume. PepsiCo Inc. (NYSE:PEP) […]
U.S. President Donald Trump is the most followed world leader on Twitter, with 52 million followers on his @realDonaldTrump account which has more than doubled since taking office on January 20, 2017, according to the newly released 2018 Twiplomacy study by BCW, a top-three and the first truly integrated global communications agency in the world. […]
F1: Ferrari’s (NYSE:RACE) Vettel Running Fastest in Practice at Silverstone $RACE Ferrari’s (NYSE:RACE) Sebastian Vettel beat Lewis Hamilton to Top spot in 2nd free practice at the British Grand Prix Friday. Mr. Vettel, who leads the MercedesAMG team driver by 1 point in the race for the world championship, posted a time of 1 min, 27.552 secs […]
The Boeing Company (NYSE:BA) Embraer close to final agreement Planemakers Boeing Co BA.N and Embraer SA EMBR3.SA have prepared contracts of their proposed tie-up and are expected to submit them to the Brazilian government within two weeks, Brazilian newspaper Valor Economico reported on its website Monday. The companies said in April they were in talks […]
Lockheed Martin Corporation (NYSE:LMT) Aegis Ashore purchases could help ease trade friction with U.S. Aegis Ashore purchases could help ease trade friction with U.S. Japan military planners still see N. Korea as threat Japanese planners view China’s military as long-term threat Japan has selected Lockheed Martin Corp’s advanced radar for its multibillion-dollar missile defense system, a […]
Dell Technologies Inc. (NYSE:DVMT) Returning to Wall Street Dell Technologies Inc said on Monday it would pay $21.7 billion in cash and stock to buy back shares tied to its interest in software company VMware Inc, returning the computer maker to the stock market without an initial public offering. Dell said the agreement values its […]
Twilio Inc. (NYSE:TWLO) can sustain over 30 pct revenue growth Cloud software maker’s shares TWLO.N up 4.5 pct at $59.87 in early trading Rosenblatt Securities starts coverage on stock with “buy” rating; sets PT at $70 – highest on Wall St., implying 22 pct upside to stock’s last close; median PT $56 Analyst Ryan Koontz […]
Concho Resources Inc. (NYSE:CXO) On the Move A mini rally in U.S. stocks, sparked by a U.S. move to ease its stance on curbing Chinese investments in American technologies, ran out of steam in afternoon trading on Wednesday, but a jump in oil prices helped prop markets..N At 13:44 ET, the Dow Jones Industrial Average […]
Morgan Stanley (NYSE:MS) Chinese bank IPO seeks to emulate its tech clients Beijing’s unicorn banker wants to run with the crowd. China Renaissance, a boutique advisory shop run by former Morgan Stanley rainmaker Fan Bao, just unveiled blueprints for an initial public offering in Hong Kong. Some of its tech-titan clients such as Meituan Dianping are […]
General Electric Company (NYSE:GE) nearing deal to sell industrial engines unit to Advent General Electric Co GE.N is close to a deal to sell its industrial gas engines business to private equity firm Advent International for $3 billion or more, The Wall Street Journal reported on Sunday, citing people familiar with the matter. Divesting the industrial gas […]
JPMorgan Chase & Co. (NYSE:JPM) subsidiary to sell Saudi Investment Bank stake for $203 mln A subsidiary of JPMorgan Chase & Co JPM.N has agreed to sell its minority stake in Saudi Investment Bank 1030.SE for 759.3 million riyals ($203 million), Saudi Investment Bank said in a statement on Sunday. JPMorgan International Finance, which has held a minority stake […]
DJIA Off, Amazon Falls on Taxed Shopping Concern $DIA, $SPY, $QQQ, $RUTX, $VXX US stocks fell Thursday, with the DJIA (DIa) marking an 8th straight decliner, as industrials softened again on trade concerns while Amazon (NASDAQ:AMZN) and other online retailers weakened after a US Supreme Court ruling on state sales tax collection. Amazon dropped as […]
Ferrari (NYSE:RACE) 250 GTO to Auction at Monterey Car Week in August $RACE, $BID A 1962 Ferrari 250 GTO is coming up for sale, at RM Sotheby’s (NYSE:BID) Monterey sale this August. It carries a pre-auction estimate of $45-M. All original 250 GTOs built between Y 1962 and 1964 have survived, and they are all worth very big […]
The Walt Disney Company (NYSE:DIS) Faces Fight for Fox Last week, Comcast Corp. (ticker: CMCSA) officially outbid Walt Disney Co (DIS) for Twenty-First Century Fox (FOXA), putting Disney investors in a difficult situation. Regardless of the outcome of the Fox bidding, analysts say Disney shareholders could come out the losers. Pivotal Research Group analyst Brian […]