© Reuters. FILE PHOTO: A Renault Clio E-Tech Hybrid car is seen at Brussels Motor Show PARIS (Reuters) – French carmaker Renault (PA:) on Friday posted its first loss in 10 years and set a lower operating margin goal for 2020, a crunch year for its planned reboot alongside partnerRead More →
Annual gold demand dips to 4,355.7t Gold demand fell 1% in 2019 as a huge rise in investment flows into ETFs and similar products was matched by the price-driven slump in consumer demand. The net result was a marginal 1% decline in annual demand to 4,356t. Global reserves grew byRead More →
Tesla has been disrupting the automotive industry and taking Wall Street by storm since its 2010 IPO. Its latest milestone: a trajectory that will take the electric vehicle manufacturer to “comfortably” more than 500,000 vehicles sold this year. Tesla TSLA, +10.30% has turned plenty of heads along the way, butRead More →
Tesla Inc. stock rallied more than 6% late Wednesday after the Silicon Valley car maker reported quarterly earnings that topped Wall Street views and set a goal to “comfortably” sell more than 500,000 vehicles this year. Tesla TSLA, +2.49% said it earned $105 million, or 56 cents a share, inRead More →
Fears around China’s ability to contain a deadly coronavirus outbreak have given the U.S. junk-bond market its first major test of the year. Laredo Petroleum Inc. LPI, +2.21% and Range Resources Corp. RRC, +3.61% were two energy companies in January from a deluge of U.S. businesses that raced toRead More →
Comcast (NASDAQ:CMCSA) has been near the top of my watch list for a while now because of its recent weakness and my belief that it’s one of the few attractive values in the dividend growth market today. The company experienced a post-earnings dip on Thursday, pushing shares back below myRead More →
Stocks in Asia were able to hold their own in early Friday trading following a big down day Thursday that was triggered by jitters over the spread of a coronavirus strain that has killed at least 17 people. With markets in China closed ahead of the Lunar New Year startingRead More →
Growth stocks hammered value plays last year, as they have been doing since the U.S. recession ended. According to Citi, the MSCI all-cap world value index has underperformed the MSCI growth index by 25% since 2010, with 2019 showing the biggest gap in performance in 20 years. But there wasRead More →
Thesis Welcome to Orchid’s Platinum Weekly report, in which we discuss platinum prices through the lenses of the Aberdeen Standard Physical Platinum Shares ETF (NYSEARCA:PPLT). PPLT is in a robust uptrend, having rallied around 7% since the start of the year, in line with our constructive outlook for platinum. WeRead More →
© Reuters. Logo of Facebook is seen in Davos By Paul Sandle and Elizabeth Howcroft LONDON (Reuters) – Facebook (O:) will hire 1,000 people in London this year in roles such as product development and safety as it continues to grow its biggest engineering center outside the United States afterRead More →
Looking for a six-figure job that makes you happy in 2020, but is also increasing in demand? Front-end engineers had an average overall job satisfaction score of 3.9 on Glassdoor, making theirs the No. 1 profession for 2020 in terms of job satisfaction, salary and job openings, according to aRead More →
Brief Review Of 2019 My track record for my recommended positioning last year achieved somewhat mixed results (Kevin Wilson, 2019a). Based on the 13 separate calls I made on stocks, bonds, yields, the global economy, etc., one could have made some pretty fair money in 2019, but I was provenRead More →
By Caroline Valetkevitch and Noel Randewich NEW YORK/SAN FRANCISCO (Reuters) – As major U.S. corporations prepare to close the books on a lackluster year of profit growth, they may need to shore up confidence that 2020 will show significant improvement to keep the stock market’s rally going. Wall Street surgedRead More →
Technology stocks have had an amazing ride. But some, including Netflix and Twitter, are less expensive relative to earnings estimates than they were a year ago. You are no doubt aware that 2019 was an excellent year for U.S. stocks. Still, a breakdown of the 11 sectors of the S&PRead More →
Taco Bell wants to give some of its workers the whole enchilada. The home of Doritos Locos Tacos says it’s going to test paying managers $100,000 a year at some company-owned locations in the Northeast and Midwest starting later this year. Taco YUM, +0.65% announced the plan Thursday and alsoRead More →
MEXICO CITY (Reuters) – Mexico’s President Andres Manuel Lopez Obrador said on Wednesday his government was not contemplating reopening auctions this year for oil and gas blocks, saying contracts were already handed out during the previous administration and firms needed to invest. “It’s not contemplated,” Lopez Obrador said at hisRead More →
By Svea Herbst-Bayliss BOSTON (Reuters) – Andrew Left, who has long targeted companies that he thinks are over-valued through his work at Citron Research, told investors on Monday that his new hedge fund returned 43% after fees in 2019, its first year in business. Left also made a prediction thatRead More →
Source: Forbes.com A Year in Review and What Could Outperform in 2020 Albright Investment Group, AIG, closed out the year with another strong quarter. By far the best-performing segment in Q4 was the stock and equity ETF portion of our portfolio. This segment returned roughly 29% in Q4 alone onceRead More →
Over the last year, the VelocityShares Daily 2x VIX Short-Term ETN (TVIX) has simply destroyed shareholder value by delivering a crushing 93% loss. If you view last year’s decimation as something abnormal, I have bad news for you: this trend is likely going to continue for the foreseeable future. InRead More →
By Andrew Galbraith SHANGHAI (Reuters) – Asian shares extended their New Year’s rally on Friday after Wall Street struck another record high on fresh Chinese stimulus while oil spiked after U.S. air strikes in Iraq heightened geopolitical tensions. MSCI’s broadest index of Asia-Pacific shares outside Japan () touched its highestRead More →
British stocks began the new year with a bang on Thursday but the pound slipped as 2020 started with the same old Brexit fears. The internationally-exposed FTSE 100 UKX, +0.89% jumped 0.9% led by strong gains for mining stocks as China’s central bank cut its reserve requirement ratio forRead More →
Sharon Stone is not alone in her struggles with online dating. The actress tweeted TWTR, +0.06% that she was kicked off the dating site Bumble as other users reported her profile, believing it to be fake. “I went on the @bumble dating sight and they closed my account,” she wrote.Read More →
By Michael Erman NEW YORK (Reuters) – Drugmakers including Bristol-Myers Squibb (NYSE:) Co, Gilead Sciences Inc (NASDAQ:), and Biogen Inc (NASDAQ:) hiked U.S. list prices on more than 50 drugs on Wednesday, bringing total New Year’s Day drug price increases to more than 250, according to data analyzed by healthcareRead More →
After a brutal year for cannabis investors, weed stocks on Tuesday rebounded in the final trading session of 2019. Exchange-traded funds that track cannabis companies jumped more than 5% in Tuesday trading. The Horizons Marjiuana Life Sciences Index ETF HMMJ, +7.10% gained 7.1%, the ETFMG Alternative Harvest ETF MJ, +5.61%Read More →
U.S. stocks finished Tuesday trade with modest gains on low volumes ahead of the New Year holiday on Wednesday, closing out a banner year for Wall Street. What are major indexes doing? The Dow Jones Industrial Average DJIA, +0.27% closed up 76.30 points or 0.3%, at 28,538.44, while the S&PRead More →