Regardless of class, amenities, leg room or movie selection, flights especially the long-haul variety have the potential to be brutal on our bodies. Being forced to sit for any length of time is tough, but being cramped in a pressurized box hurling through the atmosphere for hours on end. It can feel almost intolerable. Lack of patience […]
FLASH: Fed policymakers need to add stimulus early to deal with too-low inflation when rates are near zero and cannot wait for economic disaster to unfold, a Key Fed policymaker said Thursday. In what will likely be read as a strong argument in favor of quick action by the Fed to cut rates this month, […]
AirAsia Berhad (5099:KL) to pay at least RM40.6m in uncollected PSC to MAHB unit AirAsia will have to pay at least RM40.6 million to Malaysia Airports (Sepang) Sdn Bhd, a subsidiary of Malaysia Airports Holdings Bhd (MAHB), over unpaid passenger service charges (PSC) from July to December last year. This follows the High Court here […]
Shanghai: SSE Composite Index (.SSEC) investors prepared for tepid results from the ongoing earnings season China stocks fell on Thursday as investors prepared for tepid results from the ongoing earnings season, as weak corporate earnings trends in the U.S. underscored the impact of the trade standoff between Beijing and Washington. Shenzhen’s tech-heavy board ChiNext led […]
British Pound: USD/GBP (GBP=X) UK retail sales data revealed that sales unexpectedly rose Year-on-year sales jumped from May’s downwardly revised 2.2 per cent to 3.8 per cent, and excluding fuel annual sales rose by 3.6 percent. The Office for National Statistics (ONS) stated: “All four main sectors contributed positively to the amount spend, and all sectors except […]
Euro: USD/EUR (EUR=X) Tightens Ahead Of The Weekend Break The theme of the week has been “consolidation” on the forex. For the most part, the majors have traded within last week’s FED-fueled ranges, with the EUR/USD being among the most hotly contested. Since the bearish break of Tuesday, rates have rotated between 1.1250 and 1.1201, […]
$RACE FLASH: The pace continues 1 year after the death of CEO and Chairman Sergio Marchionne Ferrari is highly and increasingly profitable. Under the new leadership margins continue to improve. The company is on track to reach its target of being net industrial debt-free ahead of schedule. Strong resale values and auction results underline the […]
Japanese Yen: USD/JPY (JPY=X) plenty of reasons to rally The US dollar has pulled back against the Japanese yen during the trading session on Thursday but has found enough support at the 61.8% Fibonacci retracement level to turn the market back around and show signs of life. At this point, the market looks as if we are […]
Australian Dollar: USD/AUD (AUD=X) faces significant resistance The Australian dollar rallied a bit during the trading session on Thursday but still faces significant resistance just above. With that being the case it looks as if we are about to take on a serious level in the market that could change things going forward. The Australian […]
Singapore: STI Index (.STI) faces the risk of a technical recession Investors are sanguine about Singapore’s equity market even as the nation faces the risk of a technical recession, as a positive outlook for dividends and earnings overshadows threats from the U.S.-China trade spat. Singapore’s trade-reliant economy unexpectedly contracted by 3.4% in the June quarter […]
Gold 1 OZ (XAU=X) solid resistance at $1,442.90 Technically, the gold bulls have the solid overall near-term technical advantage. A seven-week-old uptrend is in place on the daily bar chart. Bulls’ next upside price objective is to produce a close in August futures above solid resistance at the June high of $1,442.90. Bears’ next near-term […]
Silver 1 OZ 999 NY (XAG=X) prices hit a nearly four-month high Gold prices are moderately higher in midday U.S. trading Thursday. August gold futures are poised to close at a five-month high close today. Silver bulls are on a tear this week as prices hit a nearly four-month high. August gold futures were last up $3.80 an […]
Hong Kong: HANG SENG INDEX (.HSI) weaker as investors assess trade war impact Hong Kong shares closed lower on Thursday, as investors closely monitor corporate earnings to assess the impact of Sino-U.S. trade frictions amid uncertainty over economic prospects. The Hang Seng index ended down 0.5% at 28,461.66, while the China Enterprises Index closed 0.6% […]
Australia: S&P/ASX 200 (.AXJO) shares closed lower after a flat unemployment figure reduced the likelihood of the Reserve Bank of Australia cutting rates Australian shares closed lower on Thursday after a flat unemployment figure reduced the likelihood of the Reserve Bank of Australia cutting rates in the short term. The S&P/ASX 200 Index fell 24.2 points, or […]
$XAU $GLD August Gold gaped higher early Thursday, then faded finishing at, + $5.05 higher +0.4 % at $1427.85 oz Not a surprise because because of the resistance in here, so, it is going to take something special to power this market higher. Gold looks to be consolidating to build up enough pressure to finally break […]
$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Stocks push to session highs following Dovish comments from NY Fed President Williams The DJIA could go over 30,000 sooner than many financial experts anticipate, if the Fed cuts interest rates at the end of this month and if House Speaker Nancy Pelosi (D-CA) puts the United States-Mexico-Canada trade […]
Thursday, US Treasury Secretary Steven Mnuchin said that negotiators have reached an agreement on the core elements of a deal to increase the government’s borrowing cap and set a $1.3-T overall level for the agency budgets that Congress passes each year. He told reporters that talks with House Speaker Nancy Pelosi, (D-CA), have settled on […]
Thursday, US Senate Majority Leader McConnell (R-KY) said that Congress will raise the nation’s debt ceiling, as the United States will never be allowed to default on its debts, adding that reaching a deal between President Trump and House Speaker Nancy Pelosi (D-CA) would be the best option to prevent chaos and the potential of […]
$AAPL, $ACB, $CGC, $SCHW, $CHTR, $PAGS, $TLRY, $VMW Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of stocks analysts have singled out to look at carefully Thursday, as follows: Apple Inc. (NASDAQ:AAPL) was maintained as […]
PayPal Holdings, Inc. (NASDAQ:PYPL) Earnings Expected to Grow Wall Street expects a year-over-year increase in earnings on higher revenues when Paypal (PYPL) reports results for the quarter ended June 2019. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how […]
Dow Jones Industrial Average (.DJI) investors digesting mixed earnings results and economic data U.S. stocks ended lower for a second straight session Wednesday as investors digested mixed earnings results and economic data, while a lack of progress on the Beijing-Washington tariff dispute remained a headache. Bank of America BAC, +0.69% reported better-than-expected results after gains in its consumer […]
Tesla, Inc. (NASDAQ:TSLA) slams the auto industry On Tuesday, Musk said in an interview with MotorTrend that the auto industry “is just fairly slow to evolve, and it didn’t take electric vehicles really seriously until 2015, maybe 2014 you could say.” Referring to other automakers’ failures in the electric vehicle space, Musk said that cars other than […]
Alibaba Group Holding Limited (NYSE:BABA) stock bounced back in the last month and it’s just getting started Much of the direction that Alibaba (NYSE: BABA) stock takes depends on the trade talk progress between the U.S. and China. So when the two countries agreed on a temporary truce that would prevent further new tariffs, Alibaba stock bounced. The […]
NASDAQ Composite (.IXIC) falls as CSX results point to damage from trade tensions U.S. stock indexes dipped on Wednesday as weak results from CSX Corp stoked concerns that the protracted trade war between the United States and China could hurt corporate earnings. CSX CSX.O shares tumbled 9.9% and were set for their biggest one-day drop […]
Apple Inc. (NASDAQ:AAPL) posted its lowest GDP growth in nearly three decades Amid reports that Apple (NASDAQ: AAPL) is looking to move 15% to 30% of iPhone production out of China due to President Trump’s ongoing trade war, the company is already starting to shift production of other products out of the Middle Kingdom. While Trump’s tariffs are impacting the […]
General Electric Company (NYSE:GE) agreed to sell a majority stake in a solar-energy business to BlackRock General Electric Co. agreed to sell a majority stake in a solar-energy business to BlackRock Inc., giving the investment giant footing in a growing market as the ailing manufacturer shifts its focus elsewhere. A fund managed by BlackRock’s Real […]
Delta Air Lines, Inc. (NYSE:DAL) caution is advised With nothing more than a quick glance, Delta Air Lines look like a rocket. A large number of people saw last month’s big move, wanted to plug into it, and fueled even more bullishness with that buying. Volume has been particularly strong of late. Caution is advised […]
Bitcoin: USD/BTC (BTC=X) support at $7,500 History is known to repeat itself in financial markets and the bitcoin market is no exception. The top cryptocurrency now appear to have bottomed out in December 2018 – i.e. a year and a half ahead of the mining reward halving due in May 2020 (reminding the crypto community […]
Bank of America Corporation (NYSE:BAC) expects growth in the face of anticipated interest rate cuts and slowing economic growth Shares of Bank of America Corp. seesawed toward a gain Wednesday, as the bank lowered its full-year outlook for net interest income, but still expected growth in the face of anticipated interest rate cuts and slowing […]
United States Oil (USO) at two-week lows Oil futures marked their lowest finish in roughly two weeks on Wednesday, as U.S. government data revealed that domestic crude supplies fell for a fifth straight week, but the stocks were down by less than the market expected and product inventories climbed. August West Texas Intermediate crude CLQ19, +0.12% shed 84 […]
Ford Motor Company (NYSE:F) Earnings Expected to Grow Wall Street expects a year-over-year increase in earnings on lower revenues when Ford (F) reports results for the quarter ended June 2019. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how […]
Longer-term investors should buy Microsoft Corporation (NASDAQ:MSFT) stock on dips With its 30.5 trailing P/E ratio and its $1 trillion market cap, Microsoft (NASDAQ:MSFT) stock price largely reflects its current two main growth engines: its cloud business and its software-as-a-service offerings. Consequently, investors should not expect MSFT stock to rally tremendously when it reports its fiscal fourth-quarter […]
Hit or miss, come July 25, Alphabet Inc. (NASDAQ:GOOG) worth owning I last wrote about Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) May 1 just after the company reported an earnings miss. Down more than 8% on the news, I recommended investors buy Google stock despite the miss. Heading into next week’s second-quarter earnings call, I thought I’d revisit some of […]
BlackRock, Inc. (NYSE:BLK) faces intense scrutiny when it reports its second-quarter earnings The world’s largest asset manager, BlackRock (NYSE:BLK), faces intense scrutiny when it reports its second-quarter earnings tomorrow. Investors are concerned, and will want to know exactly how the company’s profitability is being affected by slowing growth and price wars. Analysts aren’t upbeat about the near-term […]
The Boeing Company (NYSE:BA) Expected to Beat Earnings Estimates Wall Street expects a year-over-year decline in earnings on lower revenues when Boeing (BA) reports results for the quarter ended June 2019. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is […]
Alcoa Corporation (NYSE:AA) Reports Q2 Loss Alcoa (AA) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.34. This compares to earnings of $1.52 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 97.06%. […]
Prime Time for Amazon.com, Inc. (NASDAQ:AMZN) AMZN’s earnings report comes soon after its most recent “Prime Day” event that took place July 15-16. The event is designed to spark sales volume during what’s traditionally been a seasonal slow period for the company, and analysts were looking for sales of more than $6 billion associated with […]
Netflix, Inc. (NASDAQ:NFLX) streaming giant missed the forecast for new memberships Netflix (NFLX) has passed the 150 million subscribers mark, but the streaming giant missed the forecast for new memberships. The company added 2.7 million new subscribers in the second quarter of 2019, according to its latest earnings report released Wednesday. That is just over half of […]
Facebook, Inc. (NASDAQ:FB) Reports Next Week The market expects Facebook (FB) to deliver a year-over-year increase in earnings on higher revenues when it report s results for the quarter ended June 2019. This widely-known consensus outlook is important in assessing the company’s earnings picture, but a powerful factor that might influence its near-term stock price is […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Firm, Crude Oil Up, Stocks Off Notes: The International Monetary Fund (IMF) Wednesday said the dollar was overvalued by 6% to 12%, based on near-term economic fundamentals. With the 1st US interest rate reduction in 10 yrs expected later this month, 2 Fed policymakers sketched […]
$USD, $EUR, $JPY, $CNY International Monetary Fund (IMF) said Wednesday the USD is overvalued by 6% to 12%, based on near-term economic fundamentals, while the EUR, the JPY, and China’s RMB Yuan were seen as broadly in line with fundamentals. The IMF has been at odds with President Trump over his use of tariffs to […]
FLASH: Dogs have an uncanny ability to find their way home, even travelling over great distances, but it is important to remember that dogs often get lost, too. Dogs navigate by nose… Often, what propels dogs to travel great distances is the desire to find their home. The bond between dogs and their owners, when […]
FLASH: The initial shock at the success of this blunt and volcanic man who attacked all factions of both parties and assaulted almost every element of OBushinton political correctness and conventional wisdom, whose inaugural address was described at once by George W. Bush to Hillary Clinton as “some weird s***,” has mutated into a fear […]
$RACE FLASH: The invitations have been sent to the VIP Clienti already The Ferrari 812 Superfast is a terrific Supercar. It is called the Superfast, Yes? The thing is that it is a closed coupe aka berlinetta, and it is hard to hear the wild V12 sounds, so for those that dig the sounds, Ferrari is readying a […]
$DIA, $SPY, $QQQ, $RUTX, $XAU, $GLD, $VXX Billionaire Investment Guru, Ray Dalio thinks the current era of low interest rates and QE may be coming to an end, and his answer to a new market paradigm that could see escalating conflict between capitalists and socialists is simple, Buy Gold. “I believe that it would be […]
Most of us have an instinctual desire to visit inspiring new cultures, faraway shores and desolate wilderness spots. Travel is indeed one of the spices of life, offering an escape from the routine of daily life and creating a string of memories that will stay with us for a lifetime. And while our beloved planet […]
– Revenue of $2.7 billion – GAAP and Non-GAAP EPS per diluted share of $0.46 and $0.68, respectively, on a continuing operations basis – GAAP and Non-GAAP operating margin of 20.9% and 26.9%, respectively – Returned $1.6 billion to shareholders in Q2, including $1.5 billion of share repurchases and $120 million paid in cash dividends […]
United Security Bancshares (Nasdaq: UBFO) today announced its unaudited financial results for the three and six months ended June 30, 2019. The Company reported consolidated net income of $4,097,000, or $0.24 per basic and diluted common share, for the quarter ended June 30, 2019, as compared to $3,392,000, or $0.20 per basic and diluted common share, for the quarter ended June 30, 2018. The Company recognized […]
Benchmark Electronics, Inc. (NYSE: BHE) will announce its second quarter 2019 results on Wednesday, July 24, 2019, after the market closes. The Company will host a conference call to discuss the results later that day at 5:00 p.m. Eastern Time. The live webcast of the call and accompanying reference materials will be accessible by logging on to the […]
Mirum Pharmaceuticals, Inc., a clinical-stage therapeutics company developing a novel approach for treating cholestatic liver diseases, today announced the pricing of its initial public offering of 5,000,000 shares of its common stock at a price to the public of $15.00 per share. The gross proceeds to Mirum from the offering, before deducting underwriting discounts and commissions and […]
The Board of Directors of IBERIABANK Corporation (NASDAQ: IBKC) announced the declaration of a quarterly cash dividend of $0.45 per common share, payable on October 25, 2019, to shareholders of record as of September 30, 2019. The announced quarterly cash dividend represents an increase of approximately 5% compared to the prior quarterly cash dividend declared by the Board on May 8, […]
The Latest Rock & Roll Hall Of Fame Inductee Welcomes Six Entries From Her Groundbreaking A&M and Virgin Catalog, Coinciding With ‘Metamorphosis’ Las Vegas Residency This summer, A&M/Virgin/UMe and Janet Jackson will see key entries in the artist’s acclaimed canon reissued on vinyl, including A&M and Virgin albums. The reissue series commenced in full with the wide […]
Resurgent British sports car maker Lotus has unveiled the Evija, the world’s first all-electric British hypercar, at an exclusive event in London. A technical tour de force, the Evija is illustrative of the innovative thinking and ingenuity that has always been part of the Lotus DNA. With a target output of 2000 PS, it is the world’s […]
MULPHA (MITC:KL) sells Cairns hotel for A$65mil Mulpha International Bhd is selling a 4-star hotel in Cairns for A$65mil (RM187.9mil). The company, in a filing with Bursa Malaysia today, said its units in Australia have entered into a property and business asset sale agreement with JY Cairns Esplanade Hotel Pty Ltd on July 16 for […]
Broad selling across FTSE Bursa Malaysia (.KLSE), KLCI down 11 points Bursa Malaysia joined its regional peers in negative territory on Wednesday with selling pressure seen across the board. Dealers said market sentiment was curbed by U.S. President Donald Trump’s comments on trade. Investors continued to fret over slowing growth and the impact of the […]
Shanghai: SSE Composite Index (.SSEC) Trump says U.S. could impose more tariffs if needed Shares in China finished lower in thin trade on Wednesday, extending the previous day’s small losses as investors continued to fret over slowing growth and the impact of the Sino-U.S. trade dispute, and await more signs of support from Beijing. At […]
British Pound: USD/GBP (GBP=X) General Election adds to uncertainty Pound Sterling remains under pressure in mid-week trade with foreign exchange markets digesting the latest political headlines that suggest a General Election is being considered by Boris Johnson. Johnson remains favourite to replace Prime Minister Theresa May new Tuesday when the result of the Conservative Party […]
Euro: USD/EUR (EUR=X) back to 1.1212 support In contrast to the breakdown in GBP/USD looked at above, EUR/USD has seen a more moderate pullback to a prior zone of support. This is the same zone that’s been in-play as both support and resistance since coming back into the equation in November of last year. More recently, […]
Japanese Yen: USD/JPY (JPY=X) turns negative after being unable to break 108.30 The USD/JPY pair dropped below Asian session lows and fell to 108.04. As of writing it was trading at 108.05/10 with the negative tone intact. Earlier today, the pair was unable to break above the 108.30 area that became a strong resistance. The […]
Hong Kong: HANG SENG INDEX (.HSI) concerns about the China-US trade row and uncertainty over the Federal Reserve’s interest rate plans Hong Kong stocks retreated on Wednesday, hit by concerns about the China-US trade row and uncertainty over the Federal Reserve’s interest rate plans. The Hang Seng Index eased 0.1 per cent, or 26.45 points […]
Silver 1 OZ 999 NY (XAG=X) charts that are turning more bullish Gold and silver prices are solidly higher in midday U.S. trading Wednesday. The two precious metals saw technical buyers pick up the pace today, amid charts that are turning more bullish, especially for silver, which hit a nearly four-month high today. August gold futures were last up $12.90 […]
Australian Dollar: USD/AUD (AUD=X) lacks any firm directional bias and seesawed between tepid gains/minor losses The AUD/USD pair lacked any firm directional bias and seesawed between tepid gains/minor losses, above the key 0.7000 psychological mark through the early European session on Wednesday. The pair extended the previous session’s pullback from the 0.7045-50 supply zone, or […]
Gold 1 OZ (XAU=X) scores a bullish “outside day” up on the daily bar chart Technically, the gold bulls have the firm overall near-term technical advantage. Prices today scored a bullish “outside day” up on the daily bar chart. A seven-week-old uptrend is in place on the daily bar chart. Bulls’ next upside price objective […]
Australia: S&P/ASX 200 (.AXJO) investors await an indication as to when the Reserve Bank of Australia will next cut rates Australian shares ended a quiet day of trading higher on Wednesday as investors await an indication as to when the Reserve Bank of Australia will next cut rates. The S&P/ASX 200 Index firmed 32.3 points, […]
Singapore: STI Index (.STI) economic downturn continues Singapore’s exports plunged to a six-year low in June, the latest in a series of brutal indicators showing China’s slowdown and the trade war with the United States are wreaking havoc on the economies of Asia’s trade hubs. The city state’s economy is considered a bellwether for the […]
Wednesday, HUD Secretary Ben Carson rejected claims that President Trump and his comments about the 4 Democratic freshman congresswomen are racist. “I have an advantage of knowing the President very well,” Secretary Carson said in a TV interview. “He’s not a racist and his comments are not racist, but he loves the country very much […]
The United States is working to set up an international flotilla to secure shipping in the Persian Gulf after Iran is suspected of seizing an Oil tanker. Iran is believed to have taken the small coastal tanker and its crew of 25, but it is claiming to have responded to a distress call from the […]
The Us is the shining beacon of capitalism, where working hard was always in the pursuit of money. So, 1 might presume that the happiest people would be the richest, Yes? Nope! In a special report: Work Wise, a report on how young professionals can get ahead, make money and give back, shows that some of […]
$GOLD, $CRZO, $FZX, $LH, $OMF, $WPM Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of stocks analysts have singled out to look at carefully Wednesday, as follows: Barrick Gold Corp. (NYSE:GOLD) was downgraded to Equal […]
Alibaba Group Holding Limited (NYSE:BABA) valuation appears to be compelling Alibaba’s (NYSE:BABA) stock may be due to increase by 7% or more in the coming weeks based on some recent options bets. Additionally, the technical chart is in agreement with the options betting, also indicating the stock may rise from its current price of approximately […]
Netflix, Inc. (NASDAQ:NFLX) Quarterly Earnings Report In Shifting Streaming Landscape Netflix will report its second-quarter results Wednesday during a period of dramatic change in the streaming sector, as bulls and bears marshal evidence for their contrasting views of the company’s future. Believers in the long-term viability of Netflix point to its global footprint and programming […]
NASDAQ Composite (.IXIC) Mixed on Earnings and Economic Data Tuesday’s market is similar to yesterday with the Nasdaq, Dow and S&P-500 little changed, but today the R2K index is 0.55% higher. Brian’s technical piece below offers some interesting insights into the Russell Index. Market volumes out of the gate are about 3% stronger than yesterday, but […]
Twitter, Inc. (NYSE:TWTR) crosses above the average analyst 12-month target price In recent trading, shares of Twitter Inc (Symbol: TWTR ) have crossed above the average analyst 12-month target price of $37.89, changing hands for $38.68/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, […]
The Boeing Company (NYSE:BA) secured a modification contract to provide integrated logistics support The Boeing Company BA recently secured a modification contract to provide integrated logistics support, product assurance and Longbow Crew Trainers for Apache aircraft. Work related to the deal is scheduled to be completed by Dec 31, 2024. Valued at $96.9 million, the contract […]
Dow Jones Industrial Average (.DJI) has been propelled in large part by the Federal Reserve’s rapid pivot from rate hikes to potential cuts America’s stock market is on fire, registering its best start to a year since the dotcom bubble days of the late 1990s. The Dow’s ascent above 27,000 has been propelled in large part by the Federal Reserve’s rapid […]
Microsoft Corporation (NASDAQ:MSFT) Q4 2019 Earnings Preview Microsoft MSFT stock dipped 1.3% during regular trading Tuesday, but still rests right near its 52-week highs. In fact, MSFT stock has soared 35% in 2019 to easily outpace its industry and the S&P 500. With the tech firm set to release its Q4 fiscal 2019 financial results […]
Apple Inc. (NASDAQ:AAPL) has recently added new Podcasts Mac app, web interface Apple Inc. plans to fund original podcasts that would be exclusive to its audio service, according to people familiar with the matter, increasing its investment in the industry to keep competitors Spotify and Stitcher at bay. Executives at the company have reached out […]
Bitcoin: USD/BTC (BTC=X) Down 26.6% in 7 Days Since July 10, the price of Bitcoin (BTC) has fallen from $13,200 to $9,684, with major cryptocurrency exchanges, including Coinbase, recording a 26.6% drop within a period of seven days. The recent pullback of Bitcoin is widely believed to be a technical factor that was pushed by sellers who […]
Amazon.com, Inc. (NASDAQ:AMZN) Stock Is Heading Toward More Consistent Profitability In April, Amazon reported its fourth straight quarter of profits, and the market is rewarding Bezos for delivering on his intention to refocus the company on achieving more consistent profitability. Last year, Amazon’s bottom line surpassed $10 billion for the first time , though AMZN stock had […]
United States Oil (USO) State Secretary Pompeo says Iran is ready to negotiate about its missile program Oil prices turned lower on Tuesday, falling by about $2 a barrel as U.S. President Donald Trump said progress has been made with Iran, signaling tensions could ease in the Mideast. Brent crude futures were down $2.56 or 3.7% […]
Facebook, Inc. (NASDAQ:FB) Libra Unites Washington Facebook will attend a Senate Banking Committee on cryptocurrencies today, followed by a House Financial Services Committee hearing on Wednesday. That’s on top of a Big Tech antitrust hearing today involving Facebook (FB), Amazon.com (AMZN), Google parent Alphabet (GOOGL) and Apple (AAPL). From President Donald Trump to Fed chief […]
Tesla, Inc. (NASDAQ:TSLA) cut the starting price of the Model 3 sedan in the U.S. weeks after a federal tax credit shrank in half Tesla Inc. cut the starting price of the Model 3 sedan in the U.S. weeks after a federal tax credit shrank in half, renewing concern over whether the electric-car maker can […]
$GLD, $SLV, $USO, $OIL, $CORN, $WEAT, $SOY, $USD FLASH: Gold Off, USD Firm, Crude Oil Up, Stocks Mixed Notes: With the 1st US interest rate reduction in 10 yrs expected later this month, 2 Fed policymakers sketched out arguments Tuesday on how deep the cut should be, even as a 3rd said she needs more data before […]
Support for President Trump increased among Republicans after he lashed out on Twitter at the weekend in an attack on 4 freshmen Democratic congresswomen known a ‘the squad‘, a Reuters/Ipsos public opinion poll shows. The national survey, conducted Monday and Tuesday after President Trump told the lawmakers they should “go back and help fix the […]
FLASH: Eggs are among the healthiest foods there are, but not all eggs are created equal, and sorting through the egg labels to identify the highest quality eggs can be confusing. Health conscious consumers know to look for designations like “Organic,” “free-range,” “pastured” and “cage-free,” but while you may think many of these are interchangeable, they […]
Oil Search Limited (OSH:AX) announces new structure to support future growth Oil Search announces a new organisational structure to support its next phase of growth, including the appointment of two senior executives and the creation of a Technology and Value Assurance Group to drive production growth and deliver on major developments in Papua New Guinea […]
Myer Holdings Limited (MYR:AX) to launch an endless aisle of innovation signing Litmus Labs as an exclusive partner Myer’s General Manager of Home and Entertainment, Dean Austin, along with Dene and Ashley Heath, from LiTMUS Labs, today announced an exciting new partnership, the first of its kind with a Department store, to bring the most […]
Commonwealth Bank of Australia (CBA:AX) supports Gold Coast Airport to reduce its emissions with Sustainability-Linked debt financing The operator of Gold Coast Airport will be incentivised to reduce carbon emissions under an innovative new financing agreement with Commonwealth Bank. Commonwealth Bank has agreed to provide $150 million of debt funding to Queensland Airports Limited (QAL) for […]
BHP has released the world’s first bulk carrier tender for LNG-fuelled transport for up to 27 million tonnes of its iron ore. Introducing LNG-fuelled ships into BHP’s maritime supply chain will eliminate NOx (nitrogen oxide) and SOx (sulphur oxide) emissions and significantly reduce CO2 emissions along the busiest bulk transport route globally. Rashpal Bhatti, Vice […]
Burger Offering Part of Hard Rock Cafe’s Newly Launched Menu Including Fresh, Signature Steak Burgers, Instagram-worthy Boozy Milkshakes, Sliders and Shareables 24-Karat magic is in the air at Hard Rock Cafe! Hard Rock Cafe recently launched the most extensive menu innovation in the history of the brand in locations around the world, with the headliner of […]
$DPZ Global retail sales growth of 5.1%, or 8.4% excluding foreign currency impact U.S. same store sales growth of 3.0% International same store sales growth of 2.4% Global net store growth of 200 Diluted EPS up 23.0% to $2.19 Domino’s Pizza, Inc. (NYSE:DPZ), the largest pizza company in the world based on global retail sales, announced […]
– Sales of $20.6 billion reflecting a decline of 1.3%, operational growth of 1.6%* and adjusted operational growth of 3.7%* – EPS of $2.08 increased 43.4%; adjusted EPS of $2.58 increased 22.9%*; includes gain from sale of Advanced Sterilization Products (ASP) business – Operational sales guidance increased due to strength of business; EPS guidance range […]
$MGI New service offers additional money transfer option and added convenience for customers MoneyGram (NASDAQ:MGI) a global provider of innovative money transfer services, has announced a new digital money transfer service with Canada Post, enabling money transfer consumers to start a transaction online and conveniently complete it at select Canada Post locations. To initiate a transaction, consumers […]
Women and Families with Children Express Greatest Concerns, According to New Data from CUNA Mutual Group Middle-class Americans are less optimistic about their ability to achieve upward mobility than they were six months ago, according to new data from CUNA Mutual Group, the leading provider of lending, insurance, investment, and financial technology solutions for credit unions. […]
Alliance will help businesses address the challenges of multijurisdictional tax operations, by providing leading-edge, digitally enabled tax services \ Ernst & Young LLP (EY) and Thomson Reuters today announce a strategic alliance that brings together Thomson Reuters ONESOURCE global tax technology with EY Tax Technology and Transformation (TTT) services. Through the alliance, EY and Thomson Reuters will bring […]
Results from Word Error Rate (WER) testing reveal newly launched proprietary speech recognition service outperforms tech giants Today, Rev.com launched Rev Automated Transcription, a service that creates affordable, easy-to-follow transcripts that power productivity. The new service complements the company’s established leadership in human-powered transcription and adds functionality to Rev’s convenient platform. The automatic speech recognition (ASR) engine […]
$HTZ FLASH: Hertz takes home top honors in 2019 Trazees Awards Millennials have named Hertz (NYSE:HTZ) as their favorite global car rental company in the 2019 Trazees Awards. “Travelers of all ages have many transportation options today and we’re honored that Millennials have chosen Hertz as their favorite car rental provider,” said Jayesh Patel, Hertz Senior […]
Companies to expand relationship to enable moving AT&T Business applications to IBM Cloud IBM to make AT&T Business Primary Provider of Software Defined Networking IBM (NYSE: IBM) and AT&T (NYSE: T) today announced a multi-year strategic alliance. Under the agreement AT&T Communications will use IBM’s expertise to modernize AT&T Business Solutions’ internal software applications, enabling migrations to […]
New “Remote Wonders” and “Ancient Explorer” Private Jet journeys are unveiled alongside two returning favourites Four Seasons Hotels and Resorts today announced four exclusive journeys available for guests jetting off in 2021 on its new custom-built aircraft. Featuring two newly crafted itineraries, the Four Seasons Private Jet will touch down for the first time in Angkor Wat, Mexico City, Easter Island and Athens, […]
Top 10 most expensive hotels in the world A hotel maybe any establishment that provides paid accommodation on a short-term basis but the level of comfort varies and that is what distinguishes one from another. Some hotels are like heaven on earth with ‘out of this world’ facilities, situated at great locations. If you have […]