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Yearly Archives: 2019

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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EU will ‘most likely’ agree Jan. 31 Brexit delay on Monday: French source

BRUSSELS (Reuters) – The European Union will on Monday “most likely” agree to delay Britain’s departure from the European Union until Jan.31, said a source close to French President Emmanuel Macron who last week prevented the bloc from reaching a decision on the delay. FILE PHOTO: An anti-Brexit protester waves …

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Long-lost Italian Renaissance painting sells for 24 million euros

FILE PHOTO: A part of the painting “Christ Mocked”, a long-lost masterpiece by Florentine Renaissance artist Cimabue in the late 13th century, which was found months ago hanging in an elderly woman’s kitchen in the town of Compiegne, is seen in Paris, France, September 24, 2019. REUTERS/Charles Platiau/File Photo SENLIS, …

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Turning 100? Your birthday gift could be an unexpected tax

100 years old birthday cake to old woman elderly celebration funny humor MEDITERRANEAN | E+ | Getty Images You can never be too old for a surprise tax bill from the IRS. Whether you’re a business owner or an individual with an elaborate estate, you may use cash value life …

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