Ed Groshans, analyst at Height Analytics, and Ken Leon, analyst at CFRA, join "Closing Bell" to discuss Wells Fargo CEO Tim Sloan's testimony before Congress on Tuesday.
There are always crowds at the shopping mall inside the Oculus transit hub in lower Manhattan: commuters rushing to their trains, tourists wandering about after a stop at the nearby 9/11 Memorial & Museum or a photo shoot at the Statue of Liberty. The mammoth, butterfly-shaped Oculus draws as many as 120 million visits each year -- often people passing through on their way to somewhere else. Visitors spend just a little over a half hour on average at the mall, Westfield World Trade Center.
Anyone researching Achillion Pharmaceuticals, Inc. (NASDAQ:ACHN) might want to consider the historical volatility of the share price. Volatility is considered to be a measure of risk in modern finance theory. Investors may think of volatility as falling into two main categories.
U.S. federal agencies have five weeks to rip out Chinese-made surveillance cameras in order to comply with a ban imposed by Congress last year in an effort to thwart the threat of spying from Beijing.But thousands of the devices are still in place and chances are most won't be removed before the Aug. 13 deadline. A complex web of supply chain logistics and licensing agreements make it almost impossible to know whether a security camera is actually made in China or contains components that would violate U.S. rules.
Small and large cap stocks are widely popular for a variety of reasons, however, mid-cap companies such as Taylor Wimpey plc (LON:TW.), with a market cap of UK￡5.2b, often get neglected by retail investors. Remember this is a very top-level look that focuses exclusively on financial health, so I recommend a deeper analysis into TW.
Key InsightsThe results show Japan's domestic market still has a huge influence on Fast Retailing's fortunes. Domestic results were weighed down as the company shifted a sales event to June, causing Uniqlo's Japan revenue to fall 0.5% for the quarter.China continues to be one of the main engines driving overseas expansion, with sales in the country rising in the double digits. Uniqlo so far hasn't been hurt by the trade war between the U.S. and China, and sales there were strong even in the face of a weaker yuan.
You won't find Kristy Shen, 36, trapped in a cubicle anymore. In fact, these days, the former Toronto-based computer engineer — who once was so stressed by her job she'd throw up regularly — can be found traipsing the world with her husband, Bryce Leung, 37. Shen and Leung, who was also a computer engineer, are part of the FIRE movement — which stands for Financial Independence, Retire Early — where the goal is to save a lot so you can retire early.
Want to participate in a short research study? ShiftPixy, Inc. (NASDAQ:PIXY) shareholders will doubtless be very grateful to see the share price up 60% in the last month. During that time the share price has plummeted like a stone, down 75%.
The British navy intervened to stop Iran from blocking a commercial oil tanker leaving the Persian Gulf, heightening friction just as European nations scramble to salvage a landmark nuclear accord with the Islamic Republic. The BP Plc-operated British Heritage, which can carry as much as 1 million barrels of oil, was attempting to pass through the Strait of Hormuz, a shipping chokepoint at the mouth of the world's largest oil-producing region, when three Iranian vessels tried to impede it, according to a U.K. government statement. Iran denied the charge.
Tesla may be ramping up production. The electric carmaker is set to add to its workforce and increase production at its California plant. Yahoo Finance's Seana Smith and Melody Hahm discuss.
Besides the dividend streams, these stocks can also offer capital upside if China or Hong Kong's economy grows faster than expected. In this article, I'll analyze four dividend stocks that yield over 4%, with three of them having significant exposure to China. Power Assets Holdings Power Assets Holdings (NASDAQOTH: HGKGF) is a Hong Kong utility and energy company controlled by tycoon Li Ka-shing.
Shares of mining-giant Rio Tinto (NYSE: RIO) took off in 2019, advancing roughly 28% through the first six months of the year, according to data provided by S&P Global Market Intelligence. There were some ups and downs along the way for the stock, but the big story wasn't so much about Rio as it was about mining-peer Vale (NYSE: VALE). In late January, Vale experienced a massive breach at a mine-waste containment dam in its home country of Brazil.
The boss of Europe's Ryanair Holdings warned on Wednesday the impact of the prolonged grounding of Boeing Co's 737 MAX on the airline's growth plans may start to spill over to next summer if the airplane is not flying again by November. Europe's largest budget carrier needs up to eight months to take delivery of some 50 newly built planes left at the factory by the grounding crisis, so it may have to trim its capacity growth plans for summer 2020 if 737 MAX flights have not resumed by November, Chief Executive Michael O'Leary told Reuters. "Boeing are telling us at the moment they expect to be back flying by the end of September," O'Leary said in an interview on the sidelines of a meeting of the European airlines lobby A4E, which he also chairs.
How, exactly, did accused sex trafficker Jeffrey Epstein propel himself from a middle-class boy in Brooklyn to a secretive, maybe-billionaire with multiple mansions and a private jet? While the financial world has been puzzling over the question for years, it is really not that complicated, according to Steven Jude Hoffenberg, Epstein's former mentor. Epstein used fraudulently gotten funds as seed money, he told Quartz.
The case for PayPal PayPal is one of the leading digital transaction companies, with an array of services and apps that allow users to easily make purchases online. CEO Dan Schulman believes the digital payments market will eventually be worth $100 trillion, and his company's early lead in the space gives it a leg up over its competitors. In the most recent quarter, PayPal's revenue climbed nearly 12% year over year, it added 9.3 million new active accounts, and non-GAAP earnings jumped 37%.
Harmonic (NASDAQ: HLIT), SMART Global Holdings (NASDAQ: SGH), and Noble?(NYSE: NE) were among the top performers. Shares of Harmonic soared nearly 25% after the communications equipment specialist revealed good news from one of its major customers. Harmonic said that Comcast affiliate Comcast Cable Communications Management had committed to pay $175 million in software license fees over the four-year term of a license between the two companies, with the Comcast affiliate getting the benefit of enterprise license pricing for the CableOS software that Harmonic offers.
With Amazon Prime Day approaching, and Americans increasingly flocking to tiny homes, manufacturers have started selling building kits for the miniature habitats on Amazon, and many are priced under $20,000. While the homes aren't available for Prime shipping, some do ship for free. Customers can buy the 292-square-foot "Lillevilla Allwood Cabin Kit Getaway" for $18,800.
Amarin's year-to-date gain is a hearty 62.7% through July 9, versus the broader market's 20.2% return. On July 2, Amarin shares surged 16.3% following the company increasing its full-year 2019 revenue guidance to a midpoint of $400 million, up from $350 million. This demand could be only a start, however, as Amarin and its investors are eagerly anticipating the U.S. Food and Drug Administration's decision on a huge label expansion.
Guy Diedrich, vice president and global innovation officer at Cisco Systems Inc. talks about the agreement to buy Acacia Communications Inc.. He also discusses fifth-generation wireless technology, and the trade disputes between the U.S. and China.
To wit: Costco's hot June Costco Wholesale (NASDAQ: COST) released its latest set of monthly sales figures late in the afternoon today. Costco's net sales came in at just under $14.6 billion for its "retail month" of June, which actually ended on July 7. That total was nearly 8% higher than that of retail June 2018 and 25% above the May 2019 retail month.
The sale would be the first transfer of big-ticket US military gear to the democratically-governed island in decades, and comes as ties between Washington and Beijing are already strained by their trade war. China has lodged formal complaints through diplomatic channels expressing "strong dissatisfaction and resolute opposition" to the move, foreign ministry spokesman Geng Shuang said at a regular press briefing. The deal includes 108 M1A2T Abrams tanks, 250 Stinger portable anti-aircraft missiles, related equipment and support at an estimated cost of just over $2.2 billion, according to the US Defense Security Cooperation Agency (DSCA).
Exxon Mobil Corp., Dow Inc., France's Total SA, South Africa's Sasol Ltd. and Saudi Basic Industries Corp. have built or announced at least $40 billion in new petrochemical facilities in Texas and Louisiana, according to data compiled by Bloomberg. The most recent is an $8 billion joint venture between Chevron Corp., Phillips 66 and Qatar Petroleum announced this week.
Wednesday was generally a positive day on Wall Street, as top officials at the Federal Reserve reassured investors that hoped-for interest rate cuts would likely come in the near future. The central bank has shifted quickly from its rate-tightening bias that prevailed throughout 2017 and 2018, and even with conflicting readings on economic growth, Fed officials seem to be more cautious about the future. Micro Focus International (NYSE: MFGP), MSC Industrial Direct (NYSE: MSM), and Amneal Pharmaceuticals (NYSE: AMRX) were among the worst performers.
U.S. energy and safety regulators told Cheniere Energy Inc on Tuesday the company had to take several steps before the agencies would authorize the return to service of two liquefied natural gas (LNG) storage tanks that leaked at the Sabine Pass LNG export terminal in Louisiana. The U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) and the Federal Energy Regulatory Commission (FERC) told Cheniere that neither agency is prepared to authorize a return to service at this time.
The big gain came after the maker of robotic surgical systems announced that it was selling some of its AutoLap image-based laparascopic positioning system assets to Great Belief International Ltd. (GBIL) for $47 million. So what The key news with TransEnterix's divestiture is the cash that it will generate. The stock tanked in the first half of 2019 as the company continued to hemorrhage cash.