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Finance

Trump's announcement comes a day after the United States announced 25 percent tariffs on $ 50 billion worth of Chinese goods including electronics, aerospace and machinery products, to which China responded by implementing its own tariffs on $50 billion worth of US goods.
  • Nine West declares bankruptcy as retailer failures continue

    Nine West declares bankruptcy as retailer failures continue

    Finance

    Nine West listed assets in the range of US$500 million to US$1 billion, according to a court filing. The proceeds from the potential intellectual property sale are expected pay down some of the debt, increasing the chances that the company will emerge from a planned bankruptcy.
  • American Airlines orders 47 new Boeings, ending Airbus order

    American Airlines orders 47 new Boeings, ending Airbus order

    Finance

    American already flies both jets, and when deliveries are complete the airline said it will have 89 Dreamliners, an aircraft it said consistently receive the highest customer satisfaction scores of any widebody in its fleet. "Today's announcement is influenced by our goal to simplify our fleet and reduce the number of aircraft types we operate". Our prior plan would have had us operating five widebody aircraft types, and with today's announcement we will soon reduce that to three.
  • Francesco Trapani Acquires 35000 Shares of Tiffany & Co

    Finance

    Squarepoint Ops LLC now owns 27,186 shares of the company's stock worth $1,995,000 after buying an additional 13,411 shares in the last quarter. Tiffany & Co. Fish, Director, sold 3,028 with an average share price of $97.02 per share and the total transaction amounting to $293,776.56. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link .
  • Four Injured In Shooting At Company Headquarters — YouTube Attack

    Four Injured In Shooting At Company Headquarters — YouTube Attack

    Finance

    Here's what we know. Police located Nasim Aghdam , 39, in the early morning hours of Tuesday and informed the family that the situation was "under control". Images broadcasted on local TV stations showed employees leaving with their hands raised. It's believed the gunshot wound was self-inflicted. Two women who also were shot ran to a nearby fast food restaurant to seek help.
  • Fed chair vague on trade risks; his next No. 2, anything but

    Fed chair vague on trade risks; his next No. 2, anything but

    Finance

    The Federal Reserve will likely need to keep raising USA interest rates to keep inflation under control, Fed Chairman Jerome Powell said, adding that it was too soon to know if rising trade tensions would hit the US economy. The Fed has penciled in three quarter-percentage-point rate increases this year. But the Fed chief said he looks beyond the unemployment rate in his assessment of the labor market and considers other indicators such as wage gains and labor-force participation.
  • China Trade War Latest: Trump Raises the Stakes By Another $100 Billion

    China Trade War Latest: Trump Raises the Stakes By Another $100 Billion

    Finance

    Larry Kudlow said President Donald Trump means "enough is enough" and is demanding that China stop "stealing" American intellectual property. Financial markets have been roiled by the prospect of threats becoming action and US stocks tumbled on Friday as investors anxious about an escalating trade war .
  • Sheryl Sandberg Admits Facebook Slow to Address Privacy Concerns

    Sheryl Sandberg Admits Facebook Slow to Address Privacy Concerns

    Finance

    Her remarks echo Mark Zuckerberg's statement last month, where he revealed that Facebook would audit all of the third-party apps that had access to user data - because other leaks are a worrying possibility. She insisted the firm cared about privacy, but admitted it had previously "got the balance wrong". "I'm not going to sit here and say that we're not going to find more because we are", Sandberg said in the NBC interview.
  • Activision Blizzard, Inc. (ATVI) Expected to Announce Quarterly Sales of $1.33 Billion

    Finance

    The stock decreased 0.89% or $0.59 during the last trading session, reaching $65.94. (NASDAQ:FOXF), we can see that the average consensus target price based on contributing analysts is now $43.4. The company rating was maintained by Jefferies on Friday, October 6. The stock has "Outperform" rating by Wedbush on Friday, February 12. Citigroup maintained Amazon.com, Inc.
  • Veteran trader Art Cashin: We were close to having potential market 'bloodbath'

    Veteran trader Art Cashin: We were close to having potential market 'bloodbath'

    Finance

    Global stock markets remained lower Friday but largely unaffected by fairly soft U.S.jobs data as most investor attention centered on the ongoing trade spat between the USA and China , the world's two largest economies . The Dow fell 588 points, or 2.4 percent, at 23,909. Naver, the country's top portal operator, soared 3.32 percent to close at 779,000 won, and steelmaker POSCO edged up 0.31 percent to 318,500 won.
  • India let off with warning over needle issue

    India let off with warning over needle issue

    Finance

    A hearing will now take place in front of the CGF's Federation Court, the organisation's disciplinary body, tomorrow to determine a possible punishment. As thousands of tourists and athletes converge for two weeks of action at the Gold Coast Commonwealth Games , behind the scenes almost 10,000 workers are doing their bit to make sure everything runs smoothly.
  • Pfizer Inc. (PFE) stock is worth at $35.73

    Finance

    Glovista Investments Llc who had been investing in Alibaba Group Hldg Ltd for a number of months, seems to be less bullish one the $443.42 billion market cap company. (NYSE: PFE ) or 27,323 shares. Shelton stated it has 6,880 shares. Hudson Bay Limited Partnership has 65,285 shares for 0.09% of their portfolio. It also reduced its holding in Apogee Enterprises Inc (NASDAQ:APOG) by 84,796 shares in the quarter, leaving it with 293,144 shares, and cut its stake in Alps Etf Tr (SDOG).
  • We Are One Seven LLC Takes $922000 Position in Diageo (NYSE:DEO)

    Finance

    Guggenheim Capital LLC grew its position in Diageo (NYSE: DEO ) by 13.7% during the 4th quarter, according to its most recent 13F filing with the SEC. Dekabank Deutsche Girozentrale invested 0.2% in YUM! (NASDAQ:PACB). Raging Capital Ltd Liability invested in 1.14% or 3.19 million shares. (NYSE:JPM) or 65,101 shares.
  • Facebook wiped Zuckerberg's conversations from people's inboxes

    Finance

    The recipients of Zuckerberg's messages weren't informed before that happened. Facebook told TechCrunch that it was done for corporate security. Those changes included limiting the retention period for Mark's messages in Messenger . Information Commissioner Elizabeth Denham has said the prime allegation against Cambridge Analytica is that it acquired personal data in an unauthorized way.
  • Augusta National plans women's tourney

    Finance

    It was as a competitor at the Masters where he met Clifford Roberts, Augusta National's first chairman, and has been associated with each of the club's chairmen since. The ANA Inspiration, the first major of the year on the women's calendar, is held the week before the Masters . Ridley told reporters he had been in contact with Mike Whan, head of the LPGA , who reassured the current Augusta chairman that "from a big picture this is a win for women's golf".
  • INCY) — Incyte Corporation (NASDAQ

    INCY) — Incyte Corporation (NASDAQ

    Finance

    It has outperformed by 43.89% the S&P500. Needle moving action has been spotted in Incyte Corp ( INCY ) as shares are moving today on volatility -0.94% or -0.79 from the open. Moreover, Rhumbline Advisers has 0.07% invested in Incyte Corporation (NASDAQ: INCY ). Thomas J Herzfeld Advsr has invested 0.01% in Incyte Corporation (NASDAQ: INCY ).
  • Lookout for Volatility - Longfin Corp. (NASDAQ: LFIN)

    Lookout for Volatility - Longfin Corp. (NASDAQ: LFIN)

    Finance

    The stock price of LFIN is moving down from its 20 days moving average with -52.65% and isolated negatively from 50 days moving average with -50.44%. Average True Range ( ATR ) is an indicator based on trading ranges smoothed by an N-period exponential moving average percentage of the true range values.
  • Tesla Motors Inc. (TSLA) Rating Set by Oppenheimer Stake Inc

    Tesla Motors Inc. (TSLA) Rating Set by Oppenheimer Stake Inc

    Finance

    The stock underperformed the S&P500 by 8.23%. Its stake in Ventas Inc (NYSE:VTR) was decreased by 90,218 shares to 296,310 shares valued at $17.78 million in 2017Q4, according to the filing. (NASDAQ: TSLA ). Private Advisor Gru Ltd Liability invested in 0.07% or 4,751 shs. Most importantly investors want to know where the stock is headed from here.
  • Younkers may be closing Omaha stores

    Younkers may be closing Omaha stores

    Finance

    The Younkers store at the Bay Park Square Mall in Ashwaubenon is closing, according to parent company Bon-Ton. In total, the company said more than 2,220 people will lose their jobs in Wisconsin. In a document filed Tuesday in U.S. Bankruptcy Court, Westgate Mall owner Mark Pepitone is requesting Bon-Ton pay $2 million in fix and maintenance obligations at the department store.
  • Facebook secretly deleting messages from executives

    Finance

    The Sony messages included disparaging remarks about movie stars and other people in the entertainment industry. The company said earlier this week that it scans content in the Messenger app to track abuse . Facebook shares were down slightly in mid-morning trading in NY today . Facebook has always been clear that its workers can review posts to ensure they comply with its community standards .