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Monthly Archives: October 2019

Russia’s Lukoil, Hungary’s MOL to sign dirty oil settlement: sources

LONDON/MOSCOW (Reuters) – Russian oil producer Lukoil and Hungarian energy company MOL are set to sign a settlement deal over contaminated oil during Russian President Putin’s visit to Budapest this week, four industry sources told Reuters. FILE PHOTO: Logo of Hungarian oil and gas group MOL at the company’s refinery …

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Wall Street’s chart analysts see new highs as breakout signal

People with umbrellas pass by bull and bear outside Frankfurt’s stock exchange during heavy rain in Frankfurt, Germany, November 20, 2017. Kai Pfaffenbach | Reuters The stock market’s surge to new highs on Monday shows the historic bull market that began in 2009 is resuming its climb and should be …

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Three options strategies for the week: October 28, 2019

The “Options Action” traders share three options trading strategies to kick off the week. Mike Khouw and Carter Worth looked at buying a call spread in Alphabet. Dan Nathan broke down buying calls in U.S. Steel. Khouw also illustrated buying a 1×2 call spread in Twitter. Disclaimer Trader disclosure: Dan is …

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Restaurant Brands International (QSR) earnings Q3 2019

A pedestrian walks past a Tim Hortons restaurant. Ben Nelms | Bloomberg | Getty Images Tim Hortons’ lackluster quarterly performance disappointed Restaurant Brands’ investors on Monday, despite the success of Burger King’s Impossible Whopper and Popeyes’ chicken sandwich. Shares of the company fell 2.6% in morning trading. Here’s what Restaurant …

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These are the stocks that led the S&P 500 to its new record

The S&P 500 hit a new record high on Monday, as strong performances by technology and bank stocks have sent the index climbing this month. Heavily-weighted Apple has been the biggest contributor to the S&P 500 in October by a long shot, as shares of Apple are up 10.1% this …

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JP Morgan says market could hit its 2020 forecast this year

Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters Positive signs on the U.S.-China trade talks prompted investors to dive into stocks again, and J.P. Morgan believes the rally is here to stay and the market could reach the bank’s 2020 target eight months …

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Beyond Meat is down 32% this month—here’s the key level to watch

The bears are biting into Beyond Meat. Shares of the fake meat company are down over 32% for the month of October, adding to a nearly 55% drop from the stock’s July highs. Friday’s nearly 1% decline added to the pain, leaving investors wondering what to do with the stock …

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S&P 500 heads for record as earnings reports signal a recession is nowhere near

There’s one big word we are not hearing this earnings season. There are plenty of issues causing agita for investors this earnings season: China, industrial slowdown, auto sales slowdown. The one word that is not being uttered on conference calls: recession. The U.S. consumer — the engine of global growth …

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EU agrees Brexit delay to January 31, eyes formal approval on Tuesday

BRUSSELS (Reuters) – The European Union agreed on Monday to delay Brexit until Jan.31, said the bloc’s chairman, Donald Tusk. FILE PHOTO: An anti-Brexit protester waves an EU flag outside the Houses of Parliament in London, Britain, October 25, 2019. REUTERS/Henry Nicholls/File Photo “The EU27 has agreed that it will accept the …

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