Home / 2018 / February (page 12)

Monthly Archives: February 2018

Don’t buy UPS shares until it figures out its relationship with Amazon: Deutsche Bank

Jason Redmond | AFP | Getty Images Chief Executive Officer of Amazon, Jeff Bezos, tours the facility at the grand opening of the Amazon Spheres, in Seattle, Washington on January 29, 2018. UPS’ difficulties in handling surging e-commerce delivery volumes from Amazon is a problem, according to one Wall Street …

Read More »

Gold is nearing what could be an ultra-bullish key level

Gold’s relationship with inflation expectations has gotten interesting lately, and I’m watching one key level for gold in particular. Consider this conundrum in the gold market: The metal has traditionally been a good hedge against inflation, but it hasn’t seen much demand lately even in the face of rising inflation …

Read More »

Trump urges Mexico to block illegal immigrants from El Salvador

Getty Images President Donald Trump speaks during a meeting with congressional members in the Cabinet Room of the White House February 13, 2018 in Washington, DC. U.S. President Donald Trump on Friday called on Mexico to do more to prevent violent illegal immigrants from El Salvador from entering the United …

Read More »

Britain’s Standard Life Aberdeen sells insurance unit to Phoenix

Simon Dawson | Bloomberg | Getty Images A Standard Life logo sits on a wall outside Standard Life House, the headquarters of Standard Life Plc, in Edinburgh, U.K., on Saturday, Aug. 9, 2014. Standard Life Aberdeen has agreed to sell the bulk of its insurance business to Phoenix Group for …

Read More »

Oil-related stocks in Asia rise after US inventories decline

Getty Images Pump jacks and wells are seen in an oil field on the Monterey Shale formation, March 23, 2014, near McKittrick, Calif. Oil-related stocks in Asia traded higher on Friday as oil prices recorded slight gains after touching two-week highs in the previous session. Those gains in oil prices …

Read More »

Commercial fishing covers half of global oceans: Study

Commercial fishing covers more than 55 percent of the ocean’s surface, a new study has revealed in a potentially worrying sign about the depletion of marine resources. Fish from the wild do not currently contribute a significant portion of human caloric consumption, but “the footprint of industrial fishing in the …

Read More »

HPE, HPQ, WING & GDDY

Michael Nagle | Bloomberg | Getty Images Pedestrians walk past Hewlett Packard Enterprise signage displayed outside of the New York Stock Exchange. Check out the companies making headlines after the bell on Thursday: Hewlett Packard Enterprise shares skyrocketed as much as 19 percent after the bell on Thursday. The enterprise …

Read More »

Japan’s core Consumer Price Index rose 0.9% in January

Tomohiro Ohsumi | Bloomberg | Getty Images Shoppers and tourists walk through a shopping street in front of the Sensoji temple in Tokyo, Japan, on Thursday, Aug. 8, 2013. Japan’s core consumer prices rose 0.9 percent in January from a year earlier, government data showed on Friday. The core consumer …

Read More »

Takata agrees to settle investigation by 44 state attorneys general over deadly air bags

Kazuhiro Nogi | AFP | Getty Images Chairman and CEO of Japanese airbag maker Takata Corp., Shigehisa Takada (L), bows with other executives at the end of a press conference in Tokyo on June 26, 2017. Takata’s U.S. unit agreed Thursday to settle a probe by 44 state attorneys general …

Read More »

Mueller hits Manafort, Gates with new federal indictment

Getty Images Paul Manafort and Richard Gates arrive at the Prettyman Federal Courthouse for a bail hearing November 6, 2017 in Washington, DC. Special counsel Robert Mueller’s office on Thursday disclosed a new set of criminal charges filed against former Trump campaign manager Paul Manafort and his business associate Rick …

Read More »