Category: US / Canada

‘Father Of Reaganomics’ Warns: “Get Out Of The Market”
27. 2. 2019 No Responses

‘Father Of Reaganomics’ Warns: “Get Out Of The Market”

David Stockman, the so-called “Father of Reaganomics,” told Fox Business’s Neil Cavuto that investors ought to get out of the market and retreat to the safety of Treasury bills and hard cash. “We’re in year 10 of the longest business...
read more
GE to sell BioPharma business to Danaher for $21.4B
25. 2. 2019 No Responses

GE to sell BioPharma business to Danaher for $21.4B

Shares of General Electric Co. (symbol: GE) soar 10% in premarket trade Monday, after the conglomerate agreed to sell its biopharma branch to Danaher Corp. (symbol: DHR) for $21.4 billion. Transaction is payable in cash. “Today’s transaction is a...
read more
Spark Therapeutics +122% after the acquisition news by Roche
25. 2. 2019 No Responses

Spark Therapeutics +122% after the acquisition news by Roche

Swiss pharmaceutical company Roche Holding AG announced that it has reached a final agreement for acquisition of Spark Therapeutics from Philadelphia. Roche offered $114.50 for each share of Spark Therapeutics, which is 122% more than Friday’s closing pr...
read more
AutoNation’s CEO: Auto sales are headed for further declines
25. 2. 2019 No Responses

AutoNation’s CEO: Auto sales are headed for further declines

AutoNation’s CEO Mike Jackson says the auto industry is entering a period of gradual decline. However, he added, “Adversity in the business will create new opportunities.” Who is more vocal than the first-line CEO? Mike Jackson is absolutely...
read more
Warren Buffett wants to make an ‘elephant-sized’ purchase, but says ‘prices are sky-high’
23. 2. 2019 No Responses

Warren Buffett wants to make an ‘elephant-sized’ purchase, but says ‘prices are sky-high’

“In the years ahead, we hope to move much of our excess liquidity into businesses that Berkshire will permanently own. The immediate prospects for that, however, are not good: Prices are sky-high for businesses possessing decent long-term prospects,&#822...
read more
US Oil Output Hits 12 Million Barrels Per Day
22. 2. 2019 No Responses

US Oil Output Hits 12 Million Barrels Per Day

U.S. crude oil production reach 12 million BPD in mid-February, according to the EIA actual report. EIA’s weekly petroleum report showed crude output jump more than 1.7 million BPD compared to February 2018: From 10.3 million BPD to 12 million BPD....
read more
US core capital goods orders unexpectedly drop in December
21. 2. 2019 No Responses

US core capital goods orders unexpectedly drop in December

The data pointed to a further slowdown in business spending on machinery and non-defense equipment. The December report was delayed by a 35-day shutdown of the federal government that ended on Jan. 25. The Commerce Department said the “processing and da...
read more
Onalaska – Small Town in Big Bizjet Business
20. 2. 2019 No Responses

Onalaska – Small Town in Big Bizjet Business

Onalaska, Texas small town with 2,755 inhabitants, has 1,000 registered bizjets, but no airport. WFAA TV station, has revealed this mystery and investigation found planes were registered to two post office boxes in Onalaska. WFAA said Onalaska had more regi...
read more
Top Managers of 10 Hedge Funds Gained $7.7 Billion
18. 2. 2019 No Responses

Top Managers of 10 Hedge Funds Gained $7.7 Billion

The year 2018 was one of the worst for most of the mutual and hedge funds. Unable to recognize the “Bubble of everything”, most of the funds lost 12 to 25% of their NAV. Despite the unfavorable developments in the...
read more
Driverless delivery startup Nuro raises almost $1 billion from SoftBank
11. 2. 2019 No Responses

Driverless delivery startup Nuro raises almost $1 billion from SoftBank

Nuro is already testing fully driverless grocery deliveries in the Phoenix area on public roads. The autonomous delivery startup Nuro has raised $940 million from The Softbank Vision Fund, making it one of the most generously funded startups in the driverless...
read more
Outrage as Once-Free Drug Now Costs $375,000
5. 2. 2019 No Responses

Outrage as Once-Free Drug Now Costs $375,000

Sen. Bernie Sanders (I-Vt.) is demanding to know why a pharmaceutical company has slapped a $375,000 list price on a drug that patients used to get for free. Sanders accused Patrick McEnany, president and CEO of Catalyst Pharmaceuticals Inc., of...
read more
Ford sales rise about 7% in January, GM down 7%
4. 2. 2019 No Responses

Ford sales rise about 7% in January, GM down 7%

Ford and GM are no longer announcing monthly sales but Bloomberg sources say Ford was up about 7% and GM down about 7%. Earlier Volkswagen was reported down 6.7% so the consumer is looking a tad soft to start the...
read more
10-year Treasury yield logs largest weekly drop in a month
3. 2. 2019 No Responses

10-year Treasury yield logs largest weekly drop in a month

Bonds contend with a turbulent week. Treasury yields rose sharply Friday as a round of solid economic data from U.S. factories and households helped to pare back the bond-market’s midweek rally, after the Federal Reserve signaled a more dovish policy...
read more
2,100 people lost their jobs in a media landslide this year
2. 2. 2019 No Responses

2,100 people lost their jobs in a media landslide this year

The media industry seemed to be in freefall following the announcement that Vice Media would cut 10% of its staff and that McClatchy Company offered buyouts to 450 employees, bringing the total number of media jobs cut in 2019 to...
read more
Boeing Earnings, Outlook Smash Expectations
30. 1. 2019 No Responses

Boeing Earnings, Outlook Smash Expectations

Boeing’s stock rockets, to give a 150-point boost to the Dow’s price. Boeing shares soared more than 6%, and are set to take out all time highs of $392 after reporting earnings that smashed expectations and unveiling guidance that was...
read more
1 … 11 12 13 14