Airbus SE is ready to tell the World Trade Organization that the threat posed to Boeing Co. by its most ambitious program ever, the double-decker A380 jetliner, is so marginal that any U.S.-led sanctions against the European Union over illegal aid should be minimal. The European company will cite the superjumbo’s slow sales and also contend that state support for the more popular A350 model was only slightly more of a benefit given cheap alternative funding available at the time amid historically low interest rates, its head of litigation Karl Hennessee said in an interview. Airbus is on the back foot after Boeing last week won the latest in a series of disputes over illegal subsidies for the A380 and A350 spanning more than a decade.
Sears Holdings Corp (NASDAQ:SHLD) announced that the company is shuttering the doors of at least 40 more stores in the coming months. The retail chain announced that it will be closing 40 Sears and Kmart stores in July and August, according to a Business Insider report from May 19. The company has yet to comment on the matter, which includes 31 Sears locations and nine Kmart stores that will be closing in 24 states.
Investors have demonstrated their displeasure with AT&T T over the last several years. But while the communication and internet giant’s Time Warner TWX merger remains in question, AT&T stock does currently offer investors solid value.Time Warner’s chief
The "Squawk Box" crew and CNBC's Jim Cramer talk about Marvin Ellison's move to home improvement retailer Lowe's.
Bitcoin, the world’s biggest digital currency, drifted back under $8,500 on Monday as weekend gains slowly faded. The broader digital-currency market fared even worse, with most virtual assets kicking off the week in decline. After reaching a weekend high of $8,575.99, bitcoin has retreated and a single bitcoin(BTCUSD)(COINDESK:BTC-USD) was last worth $8,402.63, down 1.8% since Sunday’s levels at 5 p.m. Eastern Time on the Kraken exchange.
You need to rifle through 18 years of history to find selloffs that compare to the one corporate bond investors are now enduring. Debt of American companies just posted their third-worst 100-day returns since 2000, according to a JPMorgan Chase & Co. index, as tighter monetary conditions leave their mark on high-quality bonds with longer maturities. With negative returns likely to scare off retail investors, the outlook for the asset class looks grim, JPMorgan strategists said in a Friday note.
Micron shares jumped nearly 4 percent after hours on Monday after announcing a deal with Intel and saying it would buy back $10 billion of its shares. Micron Technology MU shares spiked nearly 4 percent in after-hours trading after it announced a deal with Intel INTC to make and ship the next generation of chips used in flash drives and digital cameras. Intel shares reacted more modestly, up 0.24 percent in after-hours trading after climbing $1.5 percent on Monday.
On and off the price chart, Alibaba Group Holding Ltd (NYSE:BABA) is building the case for investors. Alibaba, or what many rightly call Asia’s Amazon.com, Inc. (NASDAQ:AMZN) recently reaffirmed its position as the continent’s 800 lb. gorilla after delivering a stellar Q4 confessional. Bottom line, BABA’s solid earnings beat, raised guidance and enviable growth prospects in key markets as InvestorPlace’s Luke Lango recently laid out are simply hard to ignore — or worse yet, bet against.
Investors in Chesapeake Energy Corporation CHK need to pay close attention to the stock based on moves in the options market lately. What is Implied Volatility? Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
While gold stocks seemingly offer a viable solution, their overall performance has been unusually disappointing. When it does, today’s beaten-up and undervalued gold stocks could witness a robust revival. While I don’t begrudge the equities sector enjoying its resilient bull market, the underperformance in gold stocks doesn’t quite jibe.
Workplace retirement plans get a lot of bad press, primarily if they are loaded with high fees. Put simply, 401(k)s work. The bad news is that otherwise-diligent savers can still leave money on the table with a 401(k), often without realizing it.
The U.S. Energy Department's weekly inventory release showed a larger-than-expected increase in natural gas supplies. Despite the headline miss, the report pointed to a tightening market dynamic and boosted the fuel’s price, which added around 1.5% for
Carl Icahn typically works alone. Instead, Icahn relies on an in-house team of fewer than a dozen financial analysts and lawyers, a brain trust that toils alongside their controversial, 82-year-old boss on the 47th floor of Manhattan’s General Motors Building.
Baidu Inc (ADR) (NASDAQ:BIDU) shares have been falling for the last two trading days on headlines. In a rising stock market, BIDU stock will be fine. Having said that, Baidu is a momentum stock, so it runs fast in either direction.
In a world of low interest rates, investors look for yield wherever they can find it. One common choice has become high dividend stocks. In the previous century, dividends did not compare well to bank interest rates.
Monday, May 21, 2018The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 17 major stocks, including Procter & Gamble (PG), AbbVie (ABBV), McDonald’s (MCD) and PepsiCo
Discount rivals EasyJet Plc and Ryanair Holdings Plc are shoring up their shareholder base in continental Europe in order to safeguard their right to fly there after Brexit. EasyJet, based in Luton, England, is holding investor roadshows in France and Germany this week and last week in a bid to increase the proportion of stock held within the European Union once Britain leaves. Ryanair, Europe’s biggest discount airline, said Monday that it will remove the voting rights of non-EU holders in the event of a so-called hard Brexit.
Treasury Secretary Steven Mnuchin urged the Justice Department to review the power that large technology firms such as Google have over the American economy, the latest U.S. official to back antitrust scrutiny of the industry. A “60 Minutes” segment on Sunday devoted to assertions that Alphabet Inc.’s Google wields a destructive monopoly in online search hammered home the notion of the company’s dominance during a time of heightened public concern with technology giants. “These issues deserve to be reviewed carefully,” Mnuchin said in a CNBC interview early Monday in response to a question about the CBS News report.
As the Treasury selloff kicks off in earnest, Citigroup Inc. says investors should prepare for a possible “normalization’’ of risk premiums across credit and emerging markets as the era of monetary distortion unravels. A bearish breakout in the world’s largest bond market remains an underestimated risk, strategists Mark Schofield and Ben Nabarro wrote in a Monday note. Investor sentiment remains sanguine, according to the strategists, with bulls arguing Treasury headwinds have been exacerbated by transitory forces like oil and stretched positioning.
PIMCO or Pacific Investment Management Company, LLC is a well-known global investment management firm. It offers a broad lineup of investment solutions that encompass the entire gamut of equities, bonds, currencies, real estates, alternative investments and risk management. The company had around $1.77 trillion of assets under management as of Mar 31, 2018.
SHANGHAI/BEIJING (Reuters) - China will steeply cut import tariffs for automobiles and car parts, opening up greater access to the world's largest auto market amid an easing of trade tensions with the United States. Import tariffs will be cut to 15 percent from 25 percent for most vehicles from July 1, the Ministry of Finance said on Tuesday, adding that this was part of efforts to open up China's markets and spur development of the local auto sector. Import tariffs for auto parts would be cut to 6 percent from mostly around 10 percent, the ministry said in a statement.
It had to do with just how far its founder Elizabeth Holmes got based on technology that wasn't ready. Theranos, which promised blood tests that used a fraction of the blood traditional tests used, was no exception.
2018 is just about over, in the minds of some investors. "We expect investors will soon look past 2018 and focus on 2019 growth," says Goldman Sachs strategist David Kostin. "For many years, beginning in July investors would start to value stocks
In the late 1990s, New York City partied to the tune of the internet. Cryptocurrency prices are not responding to the hype. While cryptocurrency advocates toss each other charges of complicity in scams, action has shifted decisively from tokens like bitcoin and ethereum to applications using blockchain technology.