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Gold Prices Modestly Gain on Tuesday

Stocks0 Comments Gold prices were lifted higher on Tuesday after erasing losses during early morning sessions. December gold futures gained USD 1.20 per ounce to USD 1,473.10 during late afternoon sessions. Early morning on Monday, gold erased...

Home Depot Misses Revenue Estimates, Cuts 2019 Outlook

Stocks0 Comments Shares of Home Depot, Inc. (NYSE: HD) are down about 5% on Tuesday after the company cut its 2019 forecast and reported same-store sales that fell short of estimates. Home Depot also posted revenue that missed analysts’ targets....

Hong Kong Market Rebounds on Trade Talks After Violent Week

Stocks0 Comments Hong Kong’s Hang Seng index tumbled last week by as much as 1,300 points or 4.7% as the protests continued to escalate and as the U.S.-China trade war continued to pound on global economies. Last week, Asian markets edged lower...

Coty Buys Majority Stake in Kylie Cosmetics

Stocks0 Comments Shares of beauty giant Coty Inc. (NYSE: COTY) are up about 2% on Monday after the company announced it will take a majority stake in Kylie Cosmetics. The deal, expected to close in the third quarter of fiscal 2020, gives Coty a...

Ford Announces its First All-Electric SUV

Stocks0 Comments Ford Motor Co. (NYSE: F) on Thursday announced it will be unveiling its first all-electric SUV on November 17 at an event in Los Angeles. The Mustang Mach-E will make its debut in a worldwide streaming event. Following the...

U.S. Consumer Prices Rise 0.4% in October

Stocks0 Comments Consumer prices rose a seasonally adjusted 0.4% in October, the Labor Department said Wednesday. Households paid more for energy products, healthcare, food and a range of other goods. The Consumer Price Index (CPI), which...

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Stitch Fix Stock Sinks on Weak Outlook

Stocks0 Comments Shares of Stitch Fix, Inc. (NASDAQ: SFIX) are down about 12% on Wednesday after the Company surpassed fourth quarter earnings expectations, but provided a softer-than-expected...

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Gold Prices Advance on China’s Counter-Tariffs

Blog0 Comments Gold prices advanced on Friday following China’s USD 75 Billion counter-tariff in retaliation to the U.S. import tariff on September 1 and December 15.  In addition, China also said it would increase import duties on U.S.-made...

Pfizer to Merge Subsidiary with Mylan

Blog0 Comments Pfizer (NYSE: PFE) announced on Monday morning that its subsidiary, Upjohn will merge with Mylan (NASDAQ: MYL). Following the news, Mylan shares rose by 13% during Monday’s pre-market hours. Under the all-stock agreement, each...

Apple Card Rolls out with help of Goldman Sachs

Blog0 Comments The credit card, Apple (NASDAQ: AAPL) created with Goldman Sachs is in fact not really a card.  The tech giant’s first expedition into personal finance includes a white, titanium, minimalist in design and stripped of the 16-digit...

BJ’s Shares Soar on Quarterly Beat

Blog0 Comments BJ’s Wholesale Club (NYSE: BJ) reported its second quarter financial results before the opening bell on Thursday. The wholesale retailer reported better-than-expected results and affirmed its guidance, sending shares soaring by...

Target Shares Skyrocket on Q2 Beat and Revised Guidance

Blog0 Comments Target Corporation (NYSE: TGT) reported its second quarter financial results before the opening bell on Wednesday. The retailer reported better-than-expected results and provided an upbeat guidance, sending shares surging by over...

JP Morgan Launches New Data Analytics Tool

Blog0 Comments JP Morgan Chase (NYSE: JPM) has launched a new data analytical tool that will help financial advisors to predict how activist investors will influence other company shareholders in the latest example of advisers using technology to...