The incredible year for Steve Sjuggerud's True Wealth China Opportunities subscribers continues… Regular DailyWealth readers know Steve made a bold call last summer. In short, despite years of dismal performance – and widespread fear of economic collapse – Steve said Chinese stocks were a "buy" again. At the time, Steve noted that Chinese stocks....More>>>
China Biologic Products Holdings Inc (NASDAQ:CBPO) has earned a consensus rating of “Hold” from the six brokerages that are currently covering the stock, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 1 year price objective among brokerages that have issued ratings on the stock....More>>>
There was good news and bad news for Tesla Inc. (TSLA) on Tuesday, which closed down $3.52, or 1.21%, at $287.69, but was climbing after hours.
The bad news is that Tesla is halting the production of its Model 3 sedan for four to five days in an unexpected move aimed at improving output. The good news is that China is easing its auto regulations and making it easier for foreign....More>>>
European stocks closed lower Monday, dragged down in part by falls for consumer products heavyweight Reckitt Benckiser Group PLC and German automobile maker Daimler AG.
Traders confronted a scarcity of catalysts in what was a relatively quiet day, with equity markets in the U.S. and China closed for holidays.
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(Bloomberg) — The revolution in China’s insurance industry that helped unleash about $80 billion of acquisitions started with a whimper and ended with a bang.
With little fanfare, China’s....More>>>
Here come the tariffs. Is a trade war next?
President Trump signed an order Thursday imposing tariffs on steel and aluminum from nearly all countries, raising fears of a trade war. Trump exempted Mexico and Canada — for now. But if NAFTA talks keep moving at a sluggish pace, Trump warned, those countries could be hit, too. From China to the European Union, the tariffs are expected to....More>>>
Verastem Inc. (NASDAQ: VSTM) shares saw a handy gain on Wednesday after the company set an exclusive licensing agreement with CSPC Pharmaceutical, a leading pharmaceutical company in China. The deal is to develop and commercialize Verastem’s Copiktra (duvelisib).
Copiktra previously received approval from the U.S. Food and Drug Administration (FDA) for the treatment of adult patients with....More>>>
Stocks slumped Wednesday because investors were worried about new tariffs imposed on China by the United States.
But the biggest fear facing US investors shouldn’t be growing global trade tensions. It should be rising interest rates.
“The Fed is more likely to kill the bull market than a trade war,” said Emily Roland, head of capital markets research for John....More>>>
FDx Advisors Inc. increased its stake in Costco Wholesale Co. (NASDAQ:COST) by 82.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 9,285 shares of the retailer’s stock after purchasing an additional 4,199 shares during the quarter. FDx Advisors Inc.’s holdings in Costco Wholesale were worth $1,891,000 at the....More>>>
The threat of an all-out trade war with China has investors and traders alike on edge. But while a global trade war involving the United States could hurt some stocks, it’s creating a profit opportunity in others. I’ll show you exactly which stocks could benefit as new trade barriers are erected…
It’s not just China that is a concern for the United States, either.
Whether you’re in stocks, trading, or both, this is a market environment with a lot of “loose ends,” to put it mildly.
Most of these loose ends relate to the headlines – or, to put a point on it, tweets – that are roiling the market every day, sometimes several times a day
Just as trade war fears had ebbed thanks to China....More>>>
Rumors about a possible merger between Potash Corp (NYSE:POT) and Agrium (NYSE:AGU) have sent shares of the companies up 13.4% and 7.9%, respectively. The global fertilizer industry is struggling with pricing as slowing demand, particularly from farmers in China and India, has led to a situation of excess potash capacity and weighed on the earnings of fertilizer producers. The merger would make....More>>>
Q2 earnings season is finally starting to wind down, and as many expected, reactions to generally strong EPS and revenue growth have been mixed. Throughout Wall Street’s many sectors and industries, expectations were varied, with many market-moving stocks unable to surpass these expectations to the extent that investors would overlook other potential headwinds, including U.S.-China trade war....More>>>
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JD.com (NASDAQ:JD), the second largest e-commerce player in China, could be returning to Russia soon according to a recent Kommersant report. JD previously entered the Russian market in 2015, but retreated a year later after struggling with cross-border logistics issues, merchant partnerships, and high marketing expenses.
JD’s previous effort featured partnerships with payment providers....More>>>