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Ronald Madarasz
| February 17th, 2020  4:33 AM
Asian markets mixed: Japan skids; China helped by rate cut
BANGKOK (AP) — Shares rose in Europe after a mixed session in Asia on Monday, with Shanghai's benchmark jumping 2.3% after the central bank rolled out more support for the economy amid a spreading virus outbreak that has infected more than 71,000 people in more than two dozen countries. Britain's FTSE 100 gained 0.2% to 7,425.36 in early trading.
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Asian markets mixed: Japan skids; China helped by rate cut
Ronald Madarasz
| February 17th | 2020  4:33AM
Asian markets mixed: Japan skids; China helped by rate cut
BANGKOK (AP) — Shares rose in Europe after a mixed session in Asia on Monday, with Shanghai's benchmark jumping 2.3% after the central bank rolled out more support for the economy amid a spreading virus outbreak that has infected more than 71,000 people in more than two dozen countries. Britain's FTSE 100 gained 0.2% to 7,425.36 in early trading.
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This Week: Walmart earns, Fed meeting minutes, US home sales
Lifestyle news icon
| February 17th | 2020  3:00AM
This Week: Walmart earns, Fed meeting minutes, US home sales
A look at some of the key business events and economic indicators upcoming this week: STRONG FINISH? Wall Street expects that Walmart closed out its last fiscal year on a high note. Analysts predict the nation's largest retailer's fiscal fourth-quarter earnings and revenue increased from a year earlier.…
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GM plans to pull out of Australia, New Zealand and Thailand
GM plans to pull out of Australia, New Zealand and Thailand
| February 16th | 2020  10:14PM
GM plans to pull out of Australia, New Zealand and Thailand
DETROIT (AP) — General Motors says it's pulling out of Australia, New Zealand and Thailand as part of a strategy to exit markets that don't produce adequate returns on investments. The company said in a statement Sunday that it will wind down sales, engineering and design operations for its historic Holden brand in Australia and New Zealand…
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Japanese economy sinks amid fears about virus impact
Japanese economy sinks amid fears about virus impact
| February 16th | 2020  9:47PM
Japanese economy sinks amid fears about virus impact
TOKYO (AP) — The Japanese economy shrank at an annual pace of 6.3% last quarter as growth was battered by typhoons and crimped consumer spending. The seasonally adjusted economic data released Monday by the Cabinet Office comes amid looming fears about the economic damage expected from the new viral illness COVID-19 that began in China…
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German court halts site preparation for Tesla factory
2020 tesla model x, r m
| February 16th | 2020  4:27PM
German court halts site preparation for Tesla factory
A German court has temporarily halted the site preparation for Tesla Inc.'s first electric car factory in Europe. The Higher Administrative Court for Berlin-Brandenburg ordered Tesla to stop clearing trees on the wooded site near Berlin until it considers an environmental group's appeal. In a statement Sunday, the court said it had to…
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Pot shops turn to highway sponsor signs amid strict ad rules
Pot shops turn to highway sponsor signs amid strict ad rules
| February 16th | 2020  10:28AM
Pot shops turn to highway sponsor signs amid strict ad rules
DENVER (AP) — Cannabis companies are using a loophole in Colorado's strict limits on marijuana advertising by sponsoring state highways and putting their names on roadside signs. Currently, 51 cannabis dispensaries, cultivators, manufacturers and edible producers sponsor roadways throughout the state, according to the Adopt a Highway Maintenance Corporation.
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Cost of China's anti-virus fight rises with workers idle
Cost of China's anti-virus fight rises with workers idle
| February 15th | 2020  9:28PM
Cost of China's anti-virus fight rises with workers idle
BEIJING (AP) — Real estate agent Du Xuekun’s sales usually jump after the Lunar New Year holiday. But this year, Du has been at home for a month with no income after vast swathes of China’s economy were shut down in a sweeping effort to contain a virus outbreak. Du, who lives in Jiaozhuo, near the central city of Zhengzhou, is one of…
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Former arms company engineer pleads guilty to weapons count
Government and politics news icon
| February 15th | 2020  6:20PM
Former arms company engineer pleads guilty to weapons count
TUCSON, Ariz. (AP) — A naturalized U.S. citizen from China who worked for 10 years for a Raytheon Corp. subsidiary as an electrical engineer has pleaded guilty to a federal arms exportation charge. Wei Sun pleaded guilty Friday in U.S. District Court in Tucson, where Raytheon Missile Systems has a large defense plant that produces missiles. …
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Trump's $1.5B uranium bailout triggers rush of mining plans
Trump's $1.5B uranium bailout triggers rush of mining plans
| February 14th | 2020  11:19PM
Trump's $1.5B uranium bailout triggers rush of mining plans
SALT LAKE CITY (AP) — President Donald Trump's $1.5 billion proposal to prop up the country's nuclear fuel industry has emboldened at least one company to take steps toward boosting operations at dormant uranium mines around the West, including outside Grand Canyon National Park. The company, Canada-based Energy Fuels Inc., announced…
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UN experts: North Korea enhances nukes and illicit trade
Government business and finance news icon
| February 14th | 2020  8:23PM
UN experts: North Korea enhances nukes and illicit trade
UNITED NATIONS (AP) — U.N. experts say North Korea has increased imports and exports of banned and restricted goods such as coal and petroleum products as it continues to enhance its illicit nuclear and ballistic missile programs in violation of sanctions. The experts identified new methods that the country is using to evade U.N. sanctions,…
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Groups challenge Louisiana permits for plastics plant
Law and order news icon
| February 14th | 2020  6:58PM
Groups challenge Louisiana permits for plastics plant
Environmental and community groups that want to keep a Taiwanese company's plastics complex out of south Louisiana went to court Friday to challenge state air quality permits. The groups include those that sued in federal court last month to challenge the Army Corps of Engineers' permits for the Formosa Plastics complex, which would build 10 chemical plants and four other “major facilities” on 2,500 acres (1,000 hectares) in St.
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How major US stock indexes fared Friday
Stock markets news icon
| February 14th | 2020  5:29PM
How major US stock indexes fared Friday
Stock indexes finished mostly higher on Wall Street Friday as technology, real estate and utilities companies outweighed losses elsewhere in the market. The major indexes finished with their second straight weekly gain. Bond yields fell and the price of gold rose as traders remained cautious following China's report Thursday of a surge…
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Nvidia, GoDaddy rise; Yelp, CarGurus fall
Financial markets news icon
| February 14th | 2020  5:20PM
Nvidia, GoDaddy rise; Yelp, CarGurus fall
NEW YORK (AP) — Stocks that moved heavily or traded substantially on Friday: Yelp Inc., down $1.27 to $35.23 The online business reviews company reported disappointing fourth-quarter profit and revenue. GoDaddy Inc., up $7.52 to $78.39 The cloud-based technology products developer's fourth-quarter…
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Trump appointees weigh plan to build pipeline in Oregon
Trump appointees weigh plan to build pipeline in Oregon
| February 14th | 2020  5:17PM
Trump appointees weigh plan to build pipeline in Oregon
SALEM, Ore. (AP) — Thursday was the day that a federal agency had been expected to make a decision on a proposed natural gas pipeline and marine export terminal in Oregon, and both opponents of the project and the Canadian energy company behind it awaited word from Washington. But Thursday came and went, and the Federal Energy Regulatory…
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Applied Materials (AMAT) Jumps to All-Time Highs
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| February 14th | 2020  1:00AM
Applied Materials (AMAT) Jumps to All-Time Highs
Shares of Applied Materials (NASDAQ: AMAT), the Californian semiconductor company, were up over 5% during Thursday’s session after the company reported impressive Q1 earnings. EPS and revenue both came in above analyst expectations with the latter showing growth of close to 11% year on year. Their CEO, Gary Dickerson, was understandably upbeat…
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Tesla (TSLA) Stock Price Trajectory Analysis
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| February 14th | 2020  1:00AM
Tesla (TSLA) Stock Price Trajectory Analysis
Electric vehicle and energy storage systems manufacturer Tesla Inc (NASDAQ: TSLA) has been making daily headlines stemming from the extreme volatility of its underlying shares. CEO Elon Musk has been locked in a perpetual war with critics and short-sellers. On Jan. 28, 2020, Tesla detonated the equivalent of a nuclear bomb with its Q4 2019 earnings…
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Cannabis Stocks Move Higher After Canopy Growth Smashes Estimates
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| February 14th | 2020  1:00AM
Cannabis Stocks Move Higher After Canopy Growth Smashes Estimates
The entire cannabis industry has been under pressure this last year and that is no secret. Companies once bent on explosive growth are now scrambling for cash in an effort to shore up their balance sheets. No few of them are closing in on bankruptcy. Aurora (ACB) just released a weak report that included billions in writedowns and a shakeup in the C-Suite…
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Should You Buy Molson Coors as It Moves Into Hard Seltzer?
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| February 14th | 2020  1:00AM
Should You Buy Molson Coors as It Moves Into Hard Seltzer?
The adult beverage sector has gotten a lot more complex. For investors considering Molson Coors (NYSE:TAP) in 2020, it becomes a question of how well you believe the company is positioned to compete. Molson Coors is still getting strong sales from its flagship Coors Light and Miller Light brands. However, today’s consumer of beer and spirits…
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Retailers Start 2020 With Slim Gains, Shaky Outlook
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| February 14th | 2020  1:00AM
Retailers Start 2020 With Slim Gains, Shaky Outlook
After just coming off the major holiday shopping season, it's not too surprising to hear that wallets are being closed for refurbishing all over and driving down retail shopping in the process. New reports, however, suggest that the impact of the post-Christmas rush is pretty pronounced, and delivering troubling new statistics to an already-beleaguered…
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TRHC
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TRUP
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THRM
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Nice Ltd logo
NICE
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Black Knight Inc logo
BKI
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SunTrust BanksBoost Price Target
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