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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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GFL Looks to Raise up to USD 2.4 Billion in an IPO

Blog0 Comments Canadian waste hauler GFL Environmental Inc. plans to raise up to USD 2.4 Billion in an initial public offering, marking one of Canada’s largest-ever IPO’s. The Vaughan, Ontario-based company on Wednesday said it has been approved...

Snap Tops Q3 Estimates, Falls on Weaker Guidance

Blog0 Comments Snap Inc. (NYSE: SNAP) reported its third quarter financial results on Tuesday during aftermarket hours. The Company topped analysts’ estimates, but shares fell by 1% during extended trading hours after reporting a...

Shares of Procter & Gamble Rise on Earnings

Blog0 Comments Shares of Procter & Gamble Co. (NYSE: PG) opened 4% higher on Tuesday after the company reported better-than-expected first quarter 2020 earnings and revenue. The maker of Bounty paper towels and Tide detergent said net sales...

Facebook’s Libra Could be Key For US to Beat China

Facebook’s Libra Could be Key For US to Beat China0 Comments Facebook’s (NASDAQ: FB) cryptocurrency Libra could be key for the US to beat China in developing a digital currency for emerging markets, according to Market Insiders, citing RBC...

Lululemon Workers Claim Abuse in Bangladeshi Factory

Blog0 Comments Lululemon Athletica, Inc. (NASDAQ: LULU) is investigating reports that its female workers at a factory in Bangladesh are being beaten, verbally abused and forced to work overtime. According to a report by The Guardian, workers who...