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Energetic China welcome for Trump; trade, NKorea top topics

Welcomed to China with an outsized dose of pomp and pageantry, President Donald Trump pronounced himself wowed by Beijing's lavish greeting Wednesday at the start of a two-day visit in which he aims to employ flattery, scolding and cajolery to press the rising Asian power on trade and North Korea.

  • Toyota May Halt U.S. Imports of Some Models on Trump's Tariffs
    Finance
    Bloomberg

    Toyota May Halt U.S. Imports of Some Models on Trump's Tariffs

    Toyota Motor Corp. may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. The Japanese carmaker is busy analyzing scenarios about how tariff schemes could affect each of its car and truck lines, said Jim Lentz, chief executive officer for Toyota’s North American operations. Trump’s Commerce Department held a hearing Thursday on its probe into whether imports of passenger vehicles compromise U.S. national security.

  • Business
    Investopedia

    How to Replace Your Paycheck When You Retire

    While it doesn’t seem like it, saving for retirement is easy. You set aside a certain amount each month, or each paycheck, and invest it in your IRA or 401(k). That is, of course, an oversimplification. But once you retire and need to figure out how

  • 3 Very Popular Marijuana Stocks on My "Do Not Buy" List
    Business
    Motley Fool

    3 Very Popular Marijuana Stocks on My "Do Not Buy" List

    After selling medical cannabis domestically and exporting some of this product to foreign markets where medical weed is legal, Canada will open its doors to adult consumers in less than three months. With triple-digit sales growth expected from practically all cannabis stocks in the near future, it's no surprise that Wall Street and investors have pushed pot stock valuations into the stratosphere. In many instances, investors could be looking at high double-digit, or even triple-digit, forward price-to-earnings ratios as a result of legalizing adult-use cannabis.

  • Business
    CNBC

    As Albertsons heads to pivotal vote in Rite Aid merger, touts strong earnings

    The companies think their combined size will make them more competitive against mega-giants Walmart and Amazon. As Albertsons Cos. and Rite Aid RAD head to an August vote over their planned merger, the message to investors is simple: size still matters. The deal, announced in February, would create a new retail giant valued at roughly $24 billion that would combine Albertsons' grocery operations with Rite Aid's pharmacy business.

  • Why Philip Morris’s Q2 2018 Earnings Failed to Impress
    Business
    Market Realist

    Why Philip Morris’s Q2 2018 Earnings Failed to Impress

    Philip Morris Lowers Its 2018 EPS Guidance on Weak Outlook Second-quarter performance Philip Morris International (PM) reported its second-quarter earnings before the market opened on July 19. The company posted adjusted EPS of $1.41 on revenues of $

  • 4 Top Stocks in Semiconductors
    Business
    Motley Fool

    4 Top Stocks in Semiconductors

    Semiconductors form the bedrock of the tech sector. Without new chips, data centers couldn't run, cloud services would fail, and the development of consumer electronics would stall out. Cypress Semiconductor (NASDAQ: CY) is the market leader in wireless Internet of Things (IoT) chips, NOR and SRAM memory chips, USB-C controllers, and auto instrument cluster microcontrollers.

  • Cleveland-Cliffs (CLF) Q2 Earnings & Sales Beat Estimates
    Business
    Zacks

    Cleveland-Cliffs (CLF) Q2 Earnings & Sales Beat Estimates

    Cleveland-Cliffs Inc. CLF is a leading mining and natural resources company. It is one of the largest producer of iron ore pellets in North America.EarningsCleveland-Cliffs’ adjusted earnings were 76 cents per share for the second quarter, which comfortably

  • Why Most Analysts Recommend ‘Hold’ for Ford Stock
    Business
    Market Realist

    Why Most Analysts Recommend ‘Hold’ for Ford Stock

    Could Ford's Q2 2018 Results Boost Investor Sentiment? (Continued from Prior Part) Ratings for Ford stock Of the 21 analysts covering Ford (F) stock, most (76%) recommend “hold,” 19% recommend “buy,” and 5% recommend “sell.” Their 12-month target

  • 5 Incredible Dividend Growth Stocks on Sale
    Business
    Zacks

    5 Incredible Dividend Growth Stocks on Sale

    As bouts of volatility and uncertainty are playing foul in the stock market, investors are looking for both growth and income in their portfolios. Stocks that have a strong history of dividend growth belong to mature companies, which are less susceptible to large swings in the market, and thus act as a hedge against economic or political uncertainty as well as stock market volatility. Additionally, these stocks have superior fundamentals that make dividend growth a quality and promising investment for the long term.

  • Key Points in Intel’s Upcoming Q2 2018 Earnings Call
    Business
    Market Realist

    Key Points in Intel’s Upcoming Q2 2018 Earnings Call

    What Should Investors Expect from Intel’s Q2 2018 Earnings? Intel (INTC) has been at the center of industry discussion in the second quarter. Its second-quarter earnings call might answer some questions around the latest updates.

  • Netflix Takes a Breather From Its Torrid Growth
    Business
    Motley Fool

    Netflix Takes a Breather From Its Torrid Growth

    Expectations were high going into Netflix's (NASDAQ: NFLX) second quarter 2018 financial report. The company was coming off a first-quarter record of 7.41 million total subscriber additions. Anticipation about the company's ongoing growth prospects had sent the stock into the stratosphere, gaining over 100% year-to-date.

  • What Gilead Sciences’ Bottom Line Is Expected to Look Like in Q2
    Business
    Market Realist

    What Gilead Sciences’ Bottom Line Is Expected to Look Like in Q2

    Gilead Sciences’ (GILD) selling, general, and administrative expenses are expected to increase 10.87%, from $827 million in Q2 2017 to $916.87 million in Q2 2018. Its research and development expenses are expected to increase 8.78%, from $812 million in Q2 2017 to $883.27 million in Q2 2018. Its expenses on stock-based compensation are expected to rise from $61 million in Q2 2017 to $194.33 million in Q2 2018.

  • Southwest introduces new credit card, offers 65,000-point bonus opportunity
    Business
    American City Business Journals

    Southwest introduces new credit card, offers 65,000-point bonus opportunity

    Southwest Airlines Co. (NYSE: LUV) introduced a new credit card that offers 65,000 bonus points if customers spend a minimum amount in the first year they have the card. The Southwest Rapid Rewards Priority Credit Card, issued by Chase, comes with an annual fee of $149. Customers who spend $1,000 in the first three months after opening the account get 40,000 bonus points.

  • Politics
    Bloomberg

    Putin Hedges Trump Bet by Dumping Treasuries to Safeguard Assets

    Russian officials are hoping Vladimir Putin’s rapport with Donald Trump will lead to rapprochement with the U.S. But they’re not taking any chances. A U.S. Treasury report this week appears to show Russia liquidating dollar assets at a record pace, selling four-fifths of its cache of U.S. government debt, $81 billion worth, over a two-month period. It started in April, when the U.S. imposed the most onerous sanctions yet on allies of Putin.

  • How Analysts View Exelixis ahead of Its Q2 2018 Results
    Business
    Market Realist

    How Analysts View Exelixis ahead of Its Q2 2018 Results

    What Can Investors Expect from Exelixis’ Q2 2018 Results? (Continued from Prior Part) Recent developments In June, Exelixis (EXEL) announced that it would be added to the S&P MidCap 400 Index before the market opened on July 2. The S&P Dow Jones MidCap

  • Will AT&T (T) Beat Q2 Earnings on Healthy Inorganic Growth?
    Business
    Zacks

    Will AT&T (T) Beat Q2 Earnings on Healthy Inorganic Growth?

    AT&T Inc. T is scheduled to report second-quarter 2018 results after the closing bell on Jul 24. In the last reported quarter, adjusted earnings missed the Zacks Consensus Estimate by a couple of cents. During the quarter, AT&T received the green signal from the court to go ahead with its proposed deal to buy the mass media and entertainment conglomerate, Time Warner, for $85 billion.

  • Amazon Isn't Coming After Cisco, After All
    Business
    Motley Fool

    Amazon Isn't Coming After Cisco, After All

    Cisco Systems (NASDAQ: CSCO) had a bit of a scare last week when a report suggested that habitual disrupter Amazon.com (NASDAQ: AMZN) was contemplating entering the lucrative market for networking switches that Cisco has long dominated. Cisco shares fell 4% on the news. With Amazon Web Services (AWS) being the largest cloud infrastructure provider in the world, it made quite a bit of sense that the e-commerce titan would consider such a move, seeing as how its cloud operations continue to grow along with its own internal needs for networking switches.

  • MGM Resorts Suffers Backlash After Suing Shooting Victims
    Finance
    Bloomberg

    MGM Resorts Suffers Backlash After Suing Shooting Victims

    It took just minutes for the hashtag #BoycottMGMResorts to appear on Twitter, and for people to declare they would no longer patronize the largest casino owner on the Las Vegas Strip. “Was going to stay in November already changed my reservations,” a man named Brandon Tur wrote on Twitter. The reaction to MGM Resorts International’s lawsuits against victims of the worst mass shooting in U.S. history was harsh, and probably not surprising.

  • 3 Top Energy Stocks to Buy in July
    Business
    Motley Fool

    3 Top Energy Stocks to Buy in July

    Gas prices are higher this July, thanks to a rise in oil prices. But while summer vacationers may not be happy about it, the energy industry -- and its investors -- are ecstatic. Even companies that aren't directly involved in the sale of gasoline are

  • Dark Clouds Hovering over P&G Stock ahead of Fiscal Q4 Results
    Business
    Market Realist

    Dark Clouds Hovering over P&G Stock ahead of Fiscal Q4 Results

    Dark Clouds Hovering over P&G Stock ahead of Fiscal Q4 Results UBS and Jefferies downgraded P&G Procter & Gamble (PG) is scheduled to announce its fiscal fourth-quarter results on July 31 for the period ended in June 2018. Clouds of trouble are engulfing

  • Trump’s interpreter could be grilled by Congress’s Gang of Eight about his chat with Putin
    Politics
    Quartz

    Trump’s interpreter could be grilled by Congress’s Gang of Eight about his chat with Putin

    Several members of the Gang of Eight, a group of US Congress members who are sworn to secrecy on intelligence matters, want to know more about what Donald Trump discussed with Vladimir Putin. Marina Gross, a veteran State Department interpreter, was the only other American in the room when Trump and Putin met for the two-hour private meeting in Helsinki on July 16. What exactly was discussed and agreed has become a critical issue, because the Russian government and the Trump administration appear to have different recollections of the meeting: Russia’s ambassador to the US said the two leaders made “important verbal agreements” on Syria and arms control, while the State Department and White House initially said no concrete deals were made.

  • Business
    Benzinga

    Analysts React To IBM's Q2; Report 'Helps Put In A Valuation Floor,' Says Morgan Stanley

    Morgan Stanley’s Katy Huberty maintained an Overweight rating on IBM and cut the price target from $198 to $185. Stifel Nicolaus analyst David Grossman maintained a Buy rating and cut the price target from $182 to $178. "A relatively clean Q2 beat helps put in a valuation floor," said Morgan Stanley's Huberty.

  • GE Beats Q2 Earnings and Revenues, Maintains '18 View
    Business
    Zacks

    GE Beats Q2 Earnings and Revenues, Maintains '18 View

    Industrial conglomerate General Electric Company GE is aiming to become a high-tech industrial company. Per its restructuring plans, the company will separate GE Healthcare and turn it into a stand-alone company while will also exit its oil and gas businesses. Beside these, GE Transportation will be sold to Wabtec Corporation and efforts are on track to shrink exposure in GE Capital business.

  • Walmart acquiring Shopify is no longer a laughable idea
    Finance
    TechCrunch

    Walmart acquiring Shopify is no longer a laughable idea

    As competition between Walmart and Amazon intensifies, the acquisition of Shopify's merchant marketplace may be the boost that the Walton family's juggernaut needs to move ahead. At 100,000 sellers a month over the next 5 years, there could be an estimated 11 Million sellers on Amazon’s marketplace by 2023. E-commerce intelligence firm Marketplace Pulse estimates Amazon's Gross Merchandise Volume or GMV for 2018 at $280B, set to triple over a 5-year period, concluding that the marketplace contribution to Amazon's GMV would surpass 70% by 2023.

  • Africa’s richest man thinks Donald Trump is onto something with higher tariffs
    Business
    Quartz

    Africa’s richest man thinks Donald Trump is onto something with higher tariffs

    Aliko Dangote may not agree with president Donald Trump that higher tariffs would be good for the United States, but the Nigerian businessman thinks they could work for his own country. “If you look at what president Trump is doing right now—not that I agree with what he is doing because they are in a totally different economy to what we are—but if you look at where we are today, where there’s no protection, then you are not going to have any industries,” Dangote said to rousing applause. Dangote was on a panel with South Africa’s former finance minister Trevor Manuel and Irish tech billionaire John Collison.