Month: April 2019

Prologis Inc.: “You’re buying Prologis at the all-time high here. Let’s just stay away. Let this come in for a little. I think rates could go a little bit higher.” Walgreens Boots Alliance Inc.: “I don’t like that stock. I think that the company has kind of lost its way. They have to make some
0 Comments
Apple sales technicians confer in front of Apple product advertisements in the World Trade Center in New York City. Robert Nickelsberg | Getty Images Apple reported earnings for its March quarter Tuesday that fell in line with expectations, although revenue was down from the same period last year. However, Apple’s guidance for next quarter was
0 Comments
GEORGE TOWN (April 30): For nearly five decades, Dewan Sri Pinang has been synonymous with hosting awards ceremonies and cultural events in the State. Now, the venue is due to be upgraded. “The multi-purpose auditorium will be upgraded by the George Town Conservation and Development Corporation Sdn Bhd (GTCDC) next year. There are three options
0 Comments
KUALA LUMPUR (April 30): The Malaysia External Trade Development Corporation (MATRADE) is urging Malaysian companies in the construction, infrastructure development, building materials, tourism and various services sectors to explore opportunities in Madinah following the Saudi Arabian Government’s efforts to boost the city’s presence globally. Deputy chief executive officer Sharimahton Mat Saleh said Saudi Arabia is
0 Comments
KUALA LUMPUR (April 30): MYTV Broadcasting Sdn Bhd (MYTV) has distributed 1.6 million of the total two million free decoder units for eligible recipients to date, the Dewan Negara was told today. Deputy Communications and Multimedia Minister Eddie Syazlee Shith said the recipients were selected from the ‘Bantuan Sara Hidup’ (Household Living Aid) list especially
0 Comments
Barry Sternlicht Cameron Costa | CNBC Questions raised by progressives in the 2020 presidential race about whether capitalism still works for America reflect mistaken beliefs about how prosperity is created, global investor Barry Sternlicht told CNBC on Tuesday. “The left does not understand that companies need to make money in order to invest in new
0 Comments
Boeing Co. 737 Max planes are seen at the company’s manufacturing facility in Renton, Washington, U.S., on Tuesday, Mar. 12, 2019. David Ryder | Bloomberg | Getty Images General Electric added Boeing’s grounded 737 Max airplanes as “a new risk” in its quarterly earnings report on Tuesday, citing production of engines for the planes and
0 Comments
General Motors Chairman and CEO Mary Barra announces a $300 million investment in the GM Orion Assembly Plant plant for electric and self-driving vehicles at the Orion Assembly Plant on March 22, 2019 in Lake Orion, Michigan. Bill Pugliano | Getty Images General Motors reported higher-than-expected first-quarter profit as the company shaved costs and sold
0 Comments
Malaysia slipped into deflation in the first two months of this year and views are mixed on whether the inflation barometer, the Consumer Price Index (CPI), will turn positive in March. The Department of Statistics is expected to announce the March CPI this week. Some economists and fund managers believe that deflationary pressures will likely
0 Comments
SHANGHAI (April 30): Shares in Asia fell on Tuesday despite another record high close for the S&P 500, as investors await a U.S. Federal Reserve policy decision for clues of whether it will continue to take a “patient” approach to interest rate policy. Traders were also cautious ahead of readings on China’s factory activity (0100
0 Comments
More and more Democratic presidential hopefuls are adopting a single-payer health care stance, which could be devastating for any player in the health insurance business, CNBC’s Jim Cramer said Monday. Following the lead of Bernie Sanders, the independent Vermont senator who is one of the biggest mouthpieces advocating for “Medicare for All,” about eight candidates
0 Comments
Entergy Corp.: “Entergy’s terrific. It’s been a big winner. I think it continues to win. I like that company very much.” Novocure Ltd.: “Novocure is a good company. I don’t understand why it’s independent. I think that one of these big drug companies or device companies should just go buy it, ’cause it’s got great
0 Comments
Alphabet shares fell about 7% after Google’s parent company reported revenue that fell below analyst estimates for its first-quarter 2019. The drop wiped more than $60 billion off Alphabet’s market cap. Here’s what Alphabet reported compared to Wall Street’s expectations: Earnings per share: $11.90 per share, ex-items, vs. $10.61 expected, per Refinitiv survey of analysts
0 Comments
Air Alaska planes sit on the tarmac at the terminal, following an incident where an airline employee took off in an airplane, at Seattle-Tacoma International Airport in Seattle, Washington, U.S., August 10, 2018. REUTERS/Brendan McDermid REUTERS/Brendan McDermid Major U.S. airlines were hit with systemwide outages on Monday, according to Sabre, a company airlines use for
0 Comments