• Target CEO thinks this new food brand will be its biggest brand ever
    Yahoo Finance

    Target CEO thinks this new food brand will be its biggest brand ever

    Target is all in on this new private label food brand.

  • 5 Hottest IPOs of 2019
    Zacks

    5 Hottest IPOs of 2019

    2019 was one of the busiest years for IPOs, and the calendar was packed with big tech unicorns and popular consumer brands. Here are some of the hottest market debuts we saw this year.

  • Barrons.com

    It Was a Dismal Year for IPOs, but There’s Always 2020

    2019 has been one of the worst years for initial public offerings, but as always, market experts are optimistic as the holidays draw closer.

  • Al Gore Buys 2 Stocks, Cuts Nvidia in 3rd Quarter
    GuruFocus.com

    Al Gore Buys 2 Stocks, Cuts Nvidia in 3rd Quarter

    Generation Investment Management invests in cloud communications and tourism Continue reading...

  • Beyond Meat might not be the only plant-based burger McDonald’s uses if it launches in the U.S.
    MarketWatch

    Beyond Meat might not be the only plant-based burger McDonald’s uses if it launches in the U.S.

    UBS analysts say there’s a good chance that Beyond Meat won’t be McDonald’s only plant-based meat source if it launches the P.L.T. in the U.S.

  • Reuters

    Brazil's GPA sees wholesale chain Assaí sales hitting $12 bln by 2022

    Brazil's GPA sees its wholesale unit Assaí reaching 50 billion reais ($11.91 billion) in gross sales by the end of 2022 from expected 30 billion reais this year, as the food retailer continues to organically expand its operations, its chief executive said on Wednesday. It plans 20 new stores per year in Brazil and will expand the chain to Colombia in 2020, CEO Peter Estermann told journalists in a press conference before a meeting with investors in Sao Paulo. "It will be our first Assaí store outside Brazil," Estermann said.

  • Stock Market Ekes Out Gains As Fed Keeps Rates Untouched; Watch This Retailer's Earnings
    Investor's Business Daily

    Stock Market Ekes Out Gains As Fed Keeps Rates Untouched; Watch This Retailer's Earnings

    The stock market put in a mixed performance Tuesday, as the Fed left interest rates unchanged after its final meeting of the year, as expected.

  • How To Buy Stocks: Alibaba And Why The Cup With Handle Spurs Big Stock Market Profits
    Investor's Business Daily

    How To Buy Stocks: Alibaba And Why The Cup With Handle Spurs Big Stock Market Profits

    Alibaba broke out above a buy point in a cup with handle on Feb. 22, 2017. The stock would go on to rise more than 100% from the entry.

  • Atlanta United signs 16-year-old esports phenom
    American City Business Journals

    Atlanta United signs 16-year-old esports phenom

    Atlanta United made a big splash in the esports world. The Major League Soccer club announced on Wednesday that it signed Paulo Neto for the 2020 eMLS season which starts next month. The 16-year old Brazilian is currently the No.4-ranked FIFA 2020 player in the world on Playstation 4.

  • Billionaire Ken Fisher: Legendary Investor or Marketing Genius? (Updated)
    Insider Monkey

    Billionaire Ken Fisher: Legendary Investor or Marketing Genius? (Updated)

    Billionaire Ken Fisher is in hot water because of his sexual comments at a financial services conference. Fisher is known for his prestigious Forbes column, titled “Portfolio Strategy”, which he has been writing since 1984, which makes him the longest-running columnist in the publication’s history. He also has written 11 books, four of which became New […]

  • November Core CPI Data Meets Expectation
    Zacks

    November Core CPI Data Meets Expectation

    November Core CPI Data Meets Expectation.

  • November CPI +0.3%, Core +0.2%; Plus Fed News
    Zacks

    November CPI +0.3%, Core +0.2%; Plus Fed News

    An inflation rate of 2.1% will send no one running for the hills; we might even look at these figures as somewhat "Goldilocks" \-- not too hot, not too cold.

  • Delta Air Lines Divests 32.9 Million Shares of Gol Linhas
    Zacks

    Delta Air Lines Divests 32.9 Million Shares of Gol Linhas

    Delta Air Lines (DAL) decides to sell off its stake in Gol Linhas following the partnership with LATAM in September 2019.

  • PVH Corp Gains 16% in 6 Months: What's Aiding the Stock?
    Zacks

    PVH Corp Gains 16% in 6 Months: What's Aiding the Stock?

    PVH Corp's (PVH) impressive performance can be attributed to its Tommy Hilfiger brand's continued momentum and brand-management initiatives.

  • Colgate Down 6% in 3 Months: Can Growth Efforts Revive Stock?
    Zacks

    Colgate Down 6% in 3 Months: Can Growth Efforts Revive Stock?

    Colgate (CL) is grappling with weak margins and adverse impacts of foreign currency. Nevertheless, its innovation plans, savings program and expansion strategies bode well.

  • Textile - Apparel Industry Outlook: Spinning a Bright Yarn?
    Zacks

    Textile - Apparel Industry Outlook: Spinning a Bright Yarn?

    Textile - Apparel Industry Outlook: Spinning a Bright Yarn?

  • Benzinga

    Alibaba Co-Founder Tsai Investing In Esports Franchise G2

    Alibaba Group Holding Ltd . (NYSE: BABA ) co-founder Joe Tsai is buying a minority stake in German-based esports franchise G2 Esports. Tsai, who also owns the NBA’s Brooklyn Nets and the Barclays Center, ...

  • Short Sellers Back Off Jaguar Land Rover Bonds As Rebound Begins
    Bloomberg

    Short Sellers Back Off Jaguar Land Rover Bonds As Rebound Begins

    (Bloomberg) -- Short sellers are easing off Jaguar Land Rover Automotive Plc as the luxury carmaker shows signs of a turnaround.Bets against JLR have more than halved from a peak in February to $135 million across the company’s dollar, euro and sterling-denominated bonds, according to data from IHS Markit Ltd. That’s the lowest in more than a year.Improving demand in China and a cost-cutting drive helped calm investors’ fears in recent months and JLR returned to the bond market for the first time in more than a year. The possibility of a tie-up with automakers including BMW AG or Zhejiang Geely Holding Group Co. is also boosting sentiment around the company.“Just a few months ago, before the results, investors were extremely negative,” said Trung Nguyen, a senior analyst at Lucror Analytics in Singapore. “But now we see the business has really improved, driven by China, and the cost-cutting measures look like they’re on track.”JLR has almost completed a 2.5 billion-pound ($3.3 billion) savings drive that includes cutting thousands of jobs worldwide, the carmaker said in October. Stabilized demand for the luxury car brand in China helped its owner Tata Motors Ltd. report a narrower-than-projected loss for the three months ended Sept. 30. The owner also got a liquidity boost from its owner Tata Sons in October, which is important to JLR because it’s expected to support its parent, according to Nguyen.A spokeswoman for Jaguar Land Rover declined to comment on the short positions.The company is still facing headwinds, however. Moody’s Investors Service, S&P Global Ratings and Fitch Ratings all have a negative credit outlook for JLR based on risks such as potential disruption from Brexit and the threat of U.S. tariffs on car imports from Europe.But credit markets are showing signs that investors are increasingly convinced the company’s rebound is gaining momentum. The price of insuring JLR debt against the risk of default has plummeted to a near 14-month low of 509 basis points, down from 843 in October, according to ICE Data Services. Jaguar’s 500 million-euro bond that was issued at par last month has traded up to about 102 cents on the euro, data compiled by Bloomberg show.“Given we see the alleviation of the acute near term risks, the focus now turns to the longer term risk from the 2-3 year mark going forward,” CreditSights analysts wrote in a note last month.To contact the reporter on this story: Katie Linsell in London at klinsell@bloomberg.netTo contact the editors responsible for this story: Vivianne Rodrigues at vrodrigues3@bloomberg.net, Chris VellacottFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Reuters

    Brazilian airline GOL says Delta Air exits stake

    Brazil's GOL Linhas Aereas Inteligentes SA said late Tuesday that Delta Air lines Inc has sold more than 32.9 million shares it held in the company, a few months after the Atlanta-based airline announced its decision to exit stake. Delta's decision to sell its stake was expected, following its acquisition of a 20% stake in GOL competitor LATAM Airlines Group SA for $1.9 billion in September. Delta did not immediately respond to Reuters' request for comment.

  • GuruFocus.com

    US Indexes Close Lower Tuesday With Heightened Uncertainty

    S&P; 500 down 0.11% Continue reading...

  • Is Vipshop Holdings Limited (VIPS) a Solid Growth Stock? 3 Reasons to Think " Yes "
    Zacks

    Is Vipshop Holdings Limited (VIPS) a Solid Growth Stock? 3 Reasons to Think " Yes "

    Vipshop Holdings Limited (VIPS) possesses solid growth attributes, which could help it handily outperform the market.

  • Airline Stock Roundup: Scott Kirby to be UAL's Next CEO, RYAAY, GOL in Focus
    Zacks

    Airline Stock Roundup: Scott Kirby to be UAL's Next CEO, RYAAY, GOL in Focus

    The decline in passenger count at Hawaiian Airlines, Hawaiian Holdings' (HA) subsidiary, does not bode well. Ryanair's (RYAAY) decision to trim its traffic growth forecast is discouraging too.

  • Investopedia

    Why Tesla Is Rebounding as China's Electric Car Market Faces Shakeout

    Leading Chinese billionaire entrepreneurs are investing heavily in electric vehicles, but their roads to profitability may be rocky.

  • Financial Times

    SoftBank/Alibaba: Wag’s the dog

    Masayoshi Son was on the same conference panel. News that Mr Son’s SoftBank is selling a big stake in overhyped US dog-walking start-up Wag shows Mr Ma has a point. Implicit criticism from the founder of Alibaba must be painful, even for the brash Mr Son.

  • Benzinga

    Bankers Promote Hong Kong Listing After Alibaba Success

    Bankers told The Nikkei that they are asking U.S.-listed Chinese companies to list in Hong Kong after Alibaba’s landmark Hong Kong listing success in November. “We are actively promoting a listing in Hong Kong to a clutch of companies we believe will be well received by Chinese investors," said one of the bankers interviewed by The Nikkei. Inspired by that, bankers are pitching Hong Kong listing to other U.S.-listed Chinese companies, especially those with a net worth of around $400 billion and technology firms, such as Baidu Inc (NASDAQ: BIDU) and JD.Com Inc (NASDAQ: JD), according to The Nikkei.