Skip to main content

Trade War - SERIES 285 {15 articles}

UPS Stock Drops Because It Can’t Dodge a Trade War

10/24/2018, 3:11:33 PM
The logistics giant reported generally upbeat third-quarter earnings but commentary about softness and a strong dollar sent the shares down. ✔ The fact that revenue came in a little light, and the midpoint of its guidance is below the Street’s expectations could have been enough to knock the stock if UPS didn’t offer any other good news ✔ Make the Connection Bulls have said to look through the third-quarter when it comes to UPS


UPS profit gain overshadowed by trade war worries, shares fall

10/24/2018, 3:13:09 PM
United Parcel Service Inc's reported a 20 percent rise in quarterly profit ... ✔ Brexit refers to Britain’s exit from the European Union ✔ Operating profit was down 6.1 percent for the U.S. package segment during the latest quarter ✔ UPS is spending billions of dollars to upgrade and expand its network to address competition from FedEx Corp (FDX.N) and Amazon.com (AMZN.O) and is in the early stages of its largest capital spending campaign since the 1980s ✔ Our Standards:The Thomson Reuters Trust Principles


Boeing Stock Is Taking Off as Earnings Show It’s Surviving the Trade War

10/24/2018, 2:43:38 PM
The aerospace giant has floated serenely above the tariff worries that have clobbered other industrial giants this year. ✔ For the full year, it sees earnings per share of $14.90 to $15.10 on revenue of $98 billion to $100 billion, above prior guidance of $14.30 to $14.50 and $97 billion to $99 billion ✔ Wells Fargo ’s Sam Pearlstein reiterated a Market Perform rating on the shares and called the quarter a noisy one, but highlighted Boeing’s commercial business’s 13.2% marginthe highest reported figure in at least 20 yearsand higher reported sales, which suggests better pricing for the latest deliveries ✔ Make the Connection Boeing remains popular among analysts


China yuan 'could fall FURTHER against US dollar within the next SIX MONTHS'

10/24/2018, 1:11:02 PM
CHINA could be set to see its yuan crippled further within the next six months, after a year which has seen the Chinese currency lose around 6 percent already against the US dollar. The gloomy prediction came from a Goldman Saches analyst, who told CNBC a decline against the American greenback is looking more likely after a turbulent few months for the yuan. ✔ Chris Leung, China and Hong Kong economist at DBS Bank, said: Some central banks see the uncertainty emanating from the trade war as temporary only, and remain positive over China’s long-term outlook ✔ The US also wants Beijing to rein in high-technology industrial subsidies, open its markets to more foreign competition and take steps to cut a $375 billion (£283 billion) US goods trade surplus


Chip stocks fall after Texas Instruments, STMicro warn on slowing...

10/24/2018, 1:08:59 PM
Semiconductor stocks slumped on Wednesday after Texas Instruments Inc and Franco... ✔ Chipmakers in recent quarters have struggled with oversupply, a problem that could worsen if demand for automobiles in China keeps weakening, or if U.S. President Donald Trump places tariffs on smartphones, televisions or other Chinese products manufactured with semiconductors


Freeport copper and gold productions top forecasts

10/24/2018, 1:17:18 PM
undefined ✔ In the three months to September, Freeport reported adjusted net income of $514m, or 35 cents a share, up from $492m and 34 cents in the same period a year earlier ✔ Chief executive Richard Adkerson said Freeport had delivered a solid performance, during a quarter that saw copper prices fell sharply on concerns the US-China trade war could hit global growth and therefore demand for commodities


Boeing raises earnings outlook on strong defence spending, plane sales

10/24/2018, 12:34:08 PM
undefined ✔ That’s up from its previous guidance of $14.30 to $14.50, with the upward revision driven by a lower than expected tax rate and strong performance in its commercial aeroplanes division ✔ Airbus alone doesn’t have the capacity to keep up with China’s aeroplane demand


Freeport CEO says company is not for sale

10/24/2018, 3:52:25 PM
undefined ✔ I certainly don’t consider it to be something that we would look at in the near term given our share price, Mr Adkerson said ✔ They will want to see the operations run with stability because they’ll need cash flows to fund this significant debt they’re taking on, he said


Opinion | Does Claire McCaskill have one more trick up her sleeve?

10/24/2018, 1:34:53 PM
The Democratic Party is counting on her to flip control of the Senate. ✔ By David Von Drehle David Von Drehle Columnist focusing on national affairs and politics Email Bio Follow Columnist October 23 at 5:16 PM KANSAS CITY, Mo ✔ Though Hawley embraces the voluable Trump, who has already been to Missouri three times to campaign for him, he eschews Trump’s style of blunt force trauma in favor of a more polished approach


Boeing Shares Surge on Earnings, Guidance

10/24/2018, 2:46:16 PM
Boeing is expecting record revenue in 2018. ✔ Both numbers topped consensus analyst estimates of $3.47 and $24.1 billion, respectively ✔ Commercial airplane operating margin was 13.2 percent, up from 9.8 percent in the same quarter last year ✔ We expect these results to be positively received by the market, he says ✔ Bank of America has a buy rating and $450 price target for BA stock


U.S. dollar rises on weak euro zone data

10/24/2018, 3:56:07 PM
The U.S. dollar strengthened as much as 0.8 percent against the euro on Wednesda... ✔ REUTERS/Kai Pfaffenbach Weakness in the single currency supported the dollar index, which rose 0.45 percent against a basket of six rival currencies to 96.351 .DXY ✔ The euro also fell 0.4 percent against the Swiss franc to 1.137 francs EURCHF=, a two-week low ✔ Our Standards:The Thomson Reuters Trust Principles


Mahathir and Prayuth urge ASEAN unity amid US-China fight

10/24/2018, 3:24:33 PM
Malaysian and Thai leaders seek better connectivity via bridges and open borders ✔ Mahathir said the two neighbors have agreed to build two new bridges for better connectivity and will open their trade border for 24 hours a day, to promote cross-boarder trading ✔ Mahathir is scheduled to stay in Thailand until Thursday, when he will give a special lecture to students of Thailand's Chulalongkorn University on Malaysia-Thailand relations in the context of ASEAN


Boeing shares surge after the company reports blowout results and raises 2018 forecast 

10/24/2018, 2:20:27 PM
The company reports strong third-quarter earnings on the back of a robust defense business and more efficient commercial aircraft production. ✔ Boeing is very in tune with the administration and customer base, says Jefferies analyst    1 Hour Ago | 01:46 What really surprised us to the upside was aerospace margins in the 13 percent range and they're raising their guidance for that, Jefferies analyst Sheila Kahyaoglu said on CNBC's Squawk Box


Here’s How The Turkey Crisis Can Spark Contagion In Global Markets

10/24/2018, 2:27:46 PM
Hugh Johnson sees parallels in the Turkey financial crisis and the crisis that engulfed Southeast Asia in 1997-98, and talks of the implications for global markets and investors. ✔ Photo: REUTERS/Osman Orsal The fourth transmission mechanism is capital flows ✔ He says that confidence in investing in Turkey has been eroding for a long time because of the leadership and policies which cannot be changed in a short time, just as it couldn't be done in Thailand


Analysis | The Finance 202: Trump tariffs start biting U.S. companies

10/24/2018, 12:22:27 PM
The trade skirmish could go on for a long time. ✔ THE TICKER David Thompson, a driver for Herlihy Mid-Continent Construction, loads a Caterpillar Inc ✔ (Leah Millis/Reuters)   WTO confronts existential crisis ✔ Those ideas and others will be discussed when Canada hosts a dozen trade ministers in Ottawa on Wednesday and Thursday


>>> Open This Series
Labels:

Comments

Post a Comment

Popular posts from this blog

Travel - SERIES 367 {32 articles}

£50 a month for three trips a year: would you subscribe to the Netflix of travel? 11/9/2018, 3:09:47 PM undefined ✔ Customers travelling as a pair save £5 a month with the per person cost £45 rather than £50, while travellers are able to add a friend with one-off fees ✔ I’d been worried that by throwing convention out of the window and arriving without a list of things to see and do I would wander aimlessly, but the enforced spontaneity opened up experiences I might not otherwise have tried $787 round trip from LAX to Papeete, Tahiti, on Air Tahiti Nui - Los Angeles Times 11/9/2018, 1:22:39 PM The deal is for travel from Nov. 20 through March 31. Holidays are blacked out. ✔ Air Tahiti Nui will launch Dreamliner service between LAX and Papeete, Tahiti, and is using the occasion for a fare sale ✔ Fare : $787 round trip, including all taxes and fees, from LAX to Papeete on Air Tahiti Nui Restrictions : You must buy your ticket by Nov. 20 ✔ The fare, subject to availabili...
Post a Comment
Read more

Fashion - SERIES 445 {30 articles}

'Queer Eye' star Jonathan Van Ness opens up about two of his obsessions — comedy and fashion 11/16/2018, 7:11:11 PM The Netflix personality also talks about hitting the road for his 10-night comedy tour and more. ✔ From the Fab Five, I learned oh, my God, I think I could cry they are four of my best friends, Van Ness said ✔ A camera crew was there to capture all of the action ✔ A piece of the sandwich broke free, falling in what seemed like a slow-motion Hollywood tumble Cate Blanchett shoots fashion campaign for Giorgio Armani in Barcelona 11/16/2018, 4:54:10 PM Keeping herself warm in between takes, she covered her shoulders with a fluffy white bathrobe and matching slippers as she walked through the bustling metropolis on Friday. ✔ Cate Blanchett was spotted adding her personalised touch of glamour to the streets of Barcelona on Friday, as she shoot a new campaign for Giorgio Armani ✔ When the award-winning star was announced as part of the Armani team, the lux...
2 comments
Read more

Autos - SERIES 78 {17 articles}

German Car Makers Investigated Over Possible Collusion Over Emissions 9/18/2018, 9:32:24 AM The European Union’s antitrust body said it has opened a formal investigation into “possible collusion” among Germany’s main auto manufacturers to limit the development of technology that would limit harmful car exhaust emissions. ✔ BMW, Volkswagen and Daimler confirmed the investigation and said they were cooperating with the Commission ✔ Last year Volkswagen asked the EU regulators to scrutinize decades of possible coordination efforts by the country’s main auto manufacturers ✔ At the time, BMW denied that it had coorporated with its rivals to manipulate diesel engines for reducing nitrogen-oxide emissions Here Come Tesla’s Challengers With All-Electric SUVs 9/18/2018, 10:19:27 AM European luxury auto makers are coming after Tesla with their own high-end, long-range electric vehicles, and they are targeting on one of America’s most popular vehicle categories: SUVs. ✔ At the same ti...
Post a Comment
Read more

Travel - SERIES 369 {18 articles}

Into the melting pot - Travel 11/10/2018, 3:51:09 AM undefined ✔ In the day, the streets are always bustling with people from all over the world ✔ Even before the break of dawn, pensioners can be found gathering in parks, ready to kick start their day with a tai chi session ✔ Indeed, it does not take long for one to realize that Shanghai's charm lies in it being a binary of old and new Lucia Berlin’s new books: An illuminating memoir, more sublime stories - Los Angeles Times 11/9/2018, 8:27:21 PM Lucia Berlin' 68 years were almost impossibly full of travel, adventure, loves found and lost, alcoholism and its defeat, and the struggle to get by as a single mother of four boys. We are lucky to have two new books by her. ✔ In a standout story, Andado, a 14-year-old girl enjoys a sumptuous weekend on a Chilean estate breakfast in bed, horseback riding, flirting with her dashing older host until the host forces the flirtation too far, into what would now be considered r...
Post a Comment
Read more

Fashion - SERIES 406 {26 articles}

Victoria's Secret models goof around backstage at Fashion Show 11/9/2018, 7:30:39 AM On Thursday night, the stunners of the Victoria's Secret Fashion Show kicked back backstage at Pier 41 after strutting their stuff on the catwalk. ✔ And they also like to have fun even when taking their job seriously ✔ Cindy Bruna's perfectly pert derriere was caught on camera being reflected in a mirror ✔ The tension in the build-up to the lingerie extravaganza dissipated in an atmosphere of laughter and relief that it was all over Victoria's Secret Fashion Show 2018: Kelly Gale in sheer lingerie 11/9/2018, 7:36:03 AM The brunette beauty, 23, was angelic in the pale blue embellished set, which  flaunted her washboard abs and trim pins. ✔ She's been preparing for months for the Victoria's Secret Fashion Show, even working out up to four hours a day for the parade ✔ The brunette beauty, 23, was angelic in the pale blue embellished set, which  flaunted her washboard ab...
Post a Comment
Read more