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Monthly Archives: October 2018

With oil down, this stock could be ripe for the picking

Adam Galica | CNBC Aneel Bhusri, co-founder and CEO of Workday, at the 2018 WEF in Davos, Switzerland. Private software-as-a-service company Adaptive Insights was ready to go public, traveling around the country promoting its upcoming initial public offering to its stakeholders. Then cloud giant Workday came along, and $1.5 billion …

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iRobot shares plummet after-hours as the company expects major hit from tariffs

Scott Eells | Bloomberg | Getty Images A vacuuming Roomba model robot is displayed at iRobot headquarters in Bedford, Massachusetts,   iRobot shares fell more than 10 percent during after-hours trading Tuesday as the company said it estimates it will lose $5 million next quarter from tariffs. The company’s net income …

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Juul e-cigarette maker boosts lobbying spending by 452%

Scott Olson | Getty Images Signs in the window of the Smoke Depot advertise electronic cigarettes and pods by Juul, the nation’s largest maker of e-cigarette products, on September 13, 2018 in Chicago, Illinois.  Leading e-cigarette manufacturer Juul spent nearly $1.2 million on lobbying last quarter — up 452 percent …

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Elon Musk says Tesla will eliminate some options for Model S and X

Mike Blake | Reuters Newly manufactured Tesla vehicles are placed on transport trailers from a large inventory of newly made vehicles in Burbank, California, August 24, 2018.  Tesla CEO Elon Musk said Tuesday the company will eliminate some interior design options for the Model S sedan and Model X sport …

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Trump could meet Russia’s Putin in Paris in November

Grigory Dukor | Reuters President Donald Trump and Russian President Vladimir Putin arrive for a joint news conference after their meeting in Helsinki, July 16, 2018.  President Donald Trump would look forward to meeting with Russian leader Vladimir Putin in Paris on Nov. 11, National Security Advisor John Bolton said …

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Tariffs will cost Harley-Davidson more than $40 million in 2018

Jabin Botsford | The Washington Post | Getty Images President Trump and Vice President Mike Pence meet with Harley Davidson executives and Union Representatives on the South Lawn of the White House in Washington, DC on Thursday, Feb. 02, 2017.  Harley-Davidson is expecting to pay at least $40 million extra …

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A major group of stocks just erased its gains for the year

Small-cap stocks have officially erased all of their gains this year, and the Dow Jones Industrial Average may not be too far behind. The Russell 2000, composed of publicly traded companies with a market capitalization between $300 million and about $2 billion, dropped 2 percent on Tuesday. The index is …

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Investors dumping tech stocks pushes Nasdaq into correction territory

Michael Nagle | Bloomberg | Getty Images Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Wednesday, Nov. 9, 2016. Investors are dumping their favorite tech stocks and pushing the Nasdaq into correction territory Tuesday. The Nasdaq Composite tanked as much as …

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Pot stocks are getting killed again, Aurora Cannabis drops 14% in US trading debut

Lars Hagberg | AFP | Getty Images Employee Martin Henderson walks past several plants of cannabis at Up’s cannabis factory in Lincoln, Ontario, on October 12, 2018. Canadian marijuana stocks Tilray and Canopy Growth sank for a second day on Tuesday. Aurora Cannabis also fell sharply after debuting at the …

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Prices for used Harley bikes are near historic lows, but not for long

Bloomberg | Bloomberg | Getty Images Customers view Harley-Davidson Inc. motorcycles at the company’s dealership in South San Francisco, California, U.S., on Tuesday, June 26, 2018.  Prices for used Harley-Davidson bikes are near historic lows, Chief Financial Officer John Olin said Tuesday. Used bike sales are actually hurting sales of …

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