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ChannelYahoo News - Latest News & Headlines    
RSS File: https://news.yahoo.com/rss/business
Description: The latest news and headlines from Yahoo! News. Get breaking news stories and in-depth coverage with videos and photos.
  • Tesla's Elon Musk hopes CyberTruck rolls over GM, Ford      Fri, 22 Nov 2019 10:30:35 -0500

    Tesla's Elon Musk hopes CyberTruck rolls over GM, FordMusk hopes Tesla's CyberTruck crushes the traditional truck makers.


    Tesla's Elon Musk hopes CyberTruck rolls over GM, FordMusk hopes Tesla's CyberTruck crushes the traditional truck makers.


     

  • Investors Hope for More From Takeda Than a Healthy Dividend      Fri, 22 Nov 2019 10:16:54 -0500

    Investors Hope for More From Takeda Than a Healthy DividendThe company is in early stages of testing gene and cell therapies they hope will deliver 'transformative and curative' treatments Continue reading...


    Investors Hope for More From Takeda Than a Healthy DividendThe company is in early stages of testing gene and cell therapies they hope will deliver 'transformative and curative' treatments Continue reading...


     

  • Take Five: A spanner in the global economic works      Fri, 22 Nov 2019 10:15:49 -0500

    Take Five: A spanner in the global economic worksFor two decades, trade expansion has fueled rapid global economic growth. As a Dec. 15 deadline for U.S. tariff hikes approaches, Beijing has reportedly invited top U.S. negotiators to talks. U.S. new factory orders and shipments have slowed, while monthly job creation is running a quarter below last year's levels -- even after three interest rate cuts.


    Take Five: A spanner in the global economic worksFor two decades, trade expansion has fueled rapid global economic growth. As a Dec. 15 deadline for U.S. tariff hikes approaches, Beijing has reportedly invited top U.S. negotiators to talks. U.S. new factory orders and shipments have slowed, while monthly job creation is running a quarter below last year's levels -- even after three interest rate cuts.


     

  • Take Five: A spanner in the global economic works      Fri, 22 Nov 2019 10:15:49 -0500

    Take Five: A spanner in the global economic worksFor two decades, trade expansion has fueled rapid global economic growth. As a Dec. 15 deadline for U.S. tariff hikes approaches, Beijing has reportedly invited top U.S. negotiators to talks. U.S. new factory orders and shipments have slowed, while monthly job creation is running a quarter below last year's levels -- even after three interest rate cuts.


    Take Five: A spanner in the global economic worksFor two decades, trade expansion has fueled rapid global economic growth. As a Dec. 15 deadline for U.S. tariff hikes approaches, Beijing has reportedly invited top U.S. negotiators to talks. U.S. new factory orders and shipments have slowed, while monthly job creation is running a quarter below last year's levels -- even after three interest rate cuts.


     

  • [SPONSORED] High capacity, low latency, institutional matching venue LMAX Digital completes 15 million trades since launch, with over $50 billion traded      Fri, 22 Nov 2019 10:13:18 -0500

    [SPONSORED] High capacity, low latency, institutional matching venue LMAX Digital  completes 15 million trades since launch, with over $50 billion tradedUsing proven, proprietary, LMAX Exchange FX trading technology with $50 billion traded to date, LMAX Digital continues its solid growth trajectory and its crucial role of bringing the major crypto currencies into wider institutional circulation and acceptance, supporting the normalization of value.The post High capacity, low latency, institutional matching venue LMAX Digital completes 15 million trades since launch, with over $50 billion traded appeared first on The Block.


    [SPONSORED] High capacity, low latency, institutional matching venue LMAX Digital  completes 15 million trades since launch, with over $50 billion tradedUsing proven, proprietary, LMAX Exchange FX trading technology with $50 billion traded to date, LMAX Digital continues its solid growth trajectory and its crucial role of bringing the major crypto currencies into wider institutional circulation and acceptance, supporting the normalization of value.The post High capacity, low latency, institutional matching venue LMAX Digital completes 15 million trades since launch, with over $50 billion traded appeared first on The Block.


     

  • The best early Black Friday deals you can get right now      Fri, 22 Nov 2019 10:13:13 -0500

    The best early Black Friday deals you can get right nowBlack Friday deals start well before the shopping weekend, and these are all the sales happening right now.


    The best early Black Friday deals you can get right nowBlack Friday deals start well before the shopping weekend, and these are all the sales happening right now.


     

  • Bitcoin drops below $6,800, hitting a six-month low      Fri, 22 Nov 2019 10:11:22 -0500

    Bitcoin drops below $6,800, hitting a six-month lowBitcoin prices fell sharply this morning from $7,700 to below $6,800—an almost 12% drop— hitting a six-month low.   Data from Rekto shows that derivatives exchange BitMEX saw more than $388 million worth of XBT Perpetual Swap contracts liquidated over the past 24 hours, which means that the exchange system has automatically closed a large […]The post Bitcoin drops below $6,800, hitting a six-month low appeared first on The Block.


    Bitcoin drops below $6,800, hitting a six-month lowBitcoin prices fell sharply this morning from $7,700 to below $6,800—an almost 12% drop— hitting a six-month low.   Data from Rekto shows that derivatives exchange BitMEX saw more than $388 million worth of XBT Perpetual Swap contracts liquidated over the past 24 hours, which means that the exchange system has automatically closed a large […]The post Bitcoin drops below $6,800, hitting a six-month low appeared first on The Block.


     

  • How Does Qudian's (NYSE:QD) P/E Compare To Its Industry, After The Share Price Drop?      Fri, 22 Nov 2019 10:08:23 -0500

    How Does Qudian's (NYSE:QD) P/E Compare To Its Industry, After The Share Price Drop?To the annoyance of some shareholders, Qudian (NYSE:QD) shares are down a considerable 37% in the last month. Even...


    How Does Qudian's (NYSE:QD) P/E Compare To Its Industry, After The Share Price Drop?To the annoyance of some shareholders, Qudian (NYSE:QD) shares are down a considerable 37% in the last month. Even...


     

  • AstraZeneca shares rise on early U.S. approval for leukemia drug      Fri, 22 Nov 2019 10:08:01 -0500

    AstraZeneca shares rise on early U.S. approval for leukemia drugAstraZeneca shares rose 2.7% on Friday after the British drugmaker won earlier-than-expected U.S. regulatory approval for a leukemia drug, in a challenge to rival AbbVie . AstraZeneca said late on Thursday that the U.S. Food and Drug Administration (FDA) had given its go ahead for the company's Calquence drug to treat chronic lymphocytic leukemia (CLL), one of the most common types of leukemia in adults.


    AstraZeneca shares rise on early U.S. approval for leukemia drugAstraZeneca shares rose 2.7% on Friday after the British drugmaker won earlier-than-expected U.S. regulatory approval for a leukemia drug, in a challenge to rival AbbVie . AstraZeneca said late on Thursday that the U.S. Food and Drug Administration (FDA) had given its go ahead for the company's Calquence drug to treat chronic lymphocytic leukemia (CLL), one of the most common types of leukemia in adults.


     

  • AstraZeneca shares rise on early U.S. approval for leukemia drug      Fri, 22 Nov 2019 10:08:01 -0500

    AstraZeneca shares rise on early U.S. approval for leukemia drugAstraZeneca shares rose 2.7% on Friday after the British drugmaker won earlier-than-expected U.S. regulatory approval for a leukemia drug, in a challenge to rival AbbVie . AstraZeneca said late on Thursday that the U.S. Food and Drug Administration (FDA) had given its go ahead for the company's Calquence drug to treat chronic lymphocytic leukemia (CLL), one of the most common types of leukemia in adults.


    AstraZeneca shares rise on early U.S. approval for leukemia drugAstraZeneca shares rose 2.7% on Friday after the British drugmaker won earlier-than-expected U.S. regulatory approval for a leukemia drug, in a challenge to rival AbbVie . AstraZeneca said late on Thursday that the U.S. Food and Drug Administration (FDA) had given its go ahead for the company's Calquence drug to treat chronic lymphocytic leukemia (CLL), one of the most common types of leukemia in adults.


     

  • We're Worried About Hybrid Minerals's (CVE:HZ) Cash Burn Rate      Fri, 22 Nov 2019 10:06:26 -0500

    We're Worried About Hybrid Minerals's (CVE:HZ) Cash Burn RateEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...


    We're Worried About Hybrid Minerals's (CVE:HZ) Cash Burn RateEven when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...


     

  • Hyundai and Seoul set to test self-driving cars on city roads starting next month      Fri, 22 Nov 2019 10:04:43 -0500

    Hyundai and Seoul set to test self-driving cars on city roads starting next monthHyundai has signed a memorandum of understanding (MOU) with the city of Seoul to begin testing six autonomous vehicles on roads in the Gangnam district beginning next month, BusinessKorea reports. The arrangement specifics that six vehicles will begin testing on 23 roads in December, and then looking ahead to 2021, there will be as many as 15 of the cars, which are hydrogen fuel cell electric vehicles, on the roads in testing. Seoul will provide smart infrastructure to communicate with the vehicles, including connected traffic signals, and will also relay traffic and other info as frequently as every 0.1 seconds to the Hyundai vehicles.


    Hyundai and Seoul set to test self-driving cars on city roads starting next monthHyundai has signed a memorandum of understanding (MOU) with the city of Seoul to begin testing six autonomous vehicles on roads in the Gangnam district beginning next month, BusinessKorea reports. The arrangement specifics that six vehicles will begin testing on 23 roads in December, and then looking ahead to 2021, there will be as many as 15 of the cars, which are hydrogen fuel cell electric vehicles, on the roads in testing. Seoul will provide smart infrastructure to communicate with the vehicles, including connected traffic signals, and will also relay traffic and other info as frequently as every 0.1 seconds to the Hyundai vehicles.


     

  • Trump Vows to Support Hong Kong Democracy Movement while ‘Also Standing with President Xi’      Fri, 22 Nov 2019 10:03:01 -0500

    Trump Vows to Support Hong Kong Democracy Movement while ‘Also Standing with President Xi’President Trump toed the line on Hong Kong’s pro-democracy protests amid trade negotiations with China on Friday, telling Fox & Friends that “we have to stand with Hong Kong, but I'm also standing with President Xi.”Trump said Friday that there is “a very good chance to make a deal,” with China, after reports in October suggested that a phase-one deal had been agreed to in principle, only for the Chinese to stall the process. The president also said that the Hong Kong situation was “a complicating factor” in negotiations, but also claimed negotiations were the reason China had not cracked down harder on protestors.“If it weren’t for me, Hong Kong would’ve been obliterated in 14 minutes,” Trump said. “He’s got one million soldiers standing outside of Hong Kong, that aren’t going in only because I ask him ‘please don’t do that, you’ll be making a big mistake, it’s going to have a tremendous negative impact on the trade deal.’ And he wants to make a trade deal.“I stand with Hong Kong, I stand with freedom, I stand with all of the things that I want to do,” the president continued. “But we are also in the process of making the largest trade deals in history.”The president did not comment on whether he would sign the Hong Kong Human Rights and Democracy Act, which was passed by the Senate with a bipartisan veto-proof majority on Tuesday.Senator Marco Rubio (R., Fla.) who sponsored the bill, said its passing was “an important step in holding accountable those Chinese and Hong Kong government officials responsible for Hong Kong’s eroding autonomy and human rights violations. Senator Josh Hawley (R., Mo.), who has been an outspoken critic of Chinese totalitarianism in Hong Kong, added that the bill “sends a clear message that the United States will continue to stand with the people of Hong Kong as they battle Beijing’s imperialism.”Responding in a statement on Wednesday, Chinese Foreign Ministry spokesman Geng Shuang said the purpose of the Hong Kong Human Rights and Democracy Act was to “bolster anti-China, extremist and violent radicals who attempt to disrupt Hong Kong [and] damage Hong Kong’s prosperity and stability.”


    Trump Vows to Support Hong Kong Democracy Movement while ‘Also Standing with President Xi’President Trump toed the line on Hong Kong’s pro-democracy protests amid trade negotiations with China on Friday, telling Fox & Friends that “we have to stand with Hong Kong, but I'm also standing with President Xi.”Trump said Friday that there is “a very good chance to make a deal,” with China, after reports in October suggested that a phase-one deal had been agreed to in principle, only for the Chinese to stall the process. The president also said that the Hong Kong situation was “a complicating factor” in negotiations, but also claimed negotiations were the reason China had not cracked down harder on protestors.“If it weren’t for me, Hong Kong would’ve been obliterated in 14 minutes,” Trump said. “He’s got one million soldiers standing outside of Hong Kong, that aren’t going in only because I ask him ‘please don’t do that, you’ll be making a big mistake, it’s going to have a tremendous negative impact on the trade deal.’ And he wants to make a trade deal.“I stand with Hong Kong, I stand with freedom, I stand with all of the things that I want to do,” the president continued. “But we are also in the process of making the largest trade deals in history.”The president did not comment on whether he would sign the Hong Kong Human Rights and Democracy Act, which was passed by the Senate with a bipartisan veto-proof majority on Tuesday.Senator Marco Rubio (R., Fla.) who sponsored the bill, said its passing was “an important step in holding accountable those Chinese and Hong Kong government officials responsible for Hong Kong’s eroding autonomy and human rights violations. Senator Josh Hawley (R., Mo.), who has been an outspoken critic of Chinese totalitarianism in Hong Kong, added that the bill “sends a clear message that the United States will continue to stand with the people of Hong Kong as they battle Beijing’s imperialism.”Responding in a statement on Wednesday, Chinese Foreign Ministry spokesman Geng Shuang said the purpose of the Hong Kong Human Rights and Democracy Act was to “bolster anti-China, extremist and violent radicals who attempt to disrupt Hong Kong [and] damage Hong Kong’s prosperity and stability.”


     

  • Is Secretary of State Mike Pompeo mulling a Senate run in Kansas? Trump tells Fox he might do it      Fri, 22 Nov 2019 10:02:25 -0500

    Is Secretary of State Mike Pompeo mulling a Senate run in Kansas? Trump tells Fox he might do itPresident Donald Trump said Friday that Secretary of State Mike Pompeo might leave the State Department to run for an open Senate seat in Kansas.


    Is Secretary of State Mike Pompeo mulling a Senate run in Kansas? Trump tells Fox he might do itPresident Donald Trump said Friday that Secretary of State Mike Pompeo might leave the State Department to run for an open Senate seat in Kansas.


     

  • Microsoft (MSFT) Is Up 2.75% in One Week: What You Should Know      Fri, 22 Nov 2019 10:00:03 -0500

    Microsoft (MSFT) Is Up 2.75% in One Week: What You Should KnowDoes Microsoft (MSFT) have what it takes to be a top stock pick for momentum investors? Let's find out.


    Microsoft (MSFT) Is Up 2.75% in One Week: What You Should KnowDoes Microsoft (MSFT) have what it takes to be a top stock pick for momentum investors? Let's find out.


     

  • Epam (EPAM) is a Great Momentum Stock: Should You Buy?      Fri, 22 Nov 2019 10:00:03 -0500

    Epam (EPAM) is a Great Momentum Stock: Should You Buy?Does Epam (EPAM) have what it takes to be a top stock pick for momentum investors? Let's find out.


    Epam (EPAM) is a Great Momentum Stock: Should You Buy?Does Epam (EPAM) have what it takes to be a top stock pick for momentum investors? Let's find out.


     

  • Cirrus Logic (CRUS) is a Great Momentum Stock: Should You Buy?      Fri, 22 Nov 2019 10:00:03 -0500

    Cirrus Logic (CRUS) is a Great Momentum Stock: Should You Buy?Does Cirrus Logic (CRUS) have what it takes to be a top stock pick for momentum investors? Let's find out.


    Cirrus Logic (CRUS) is a Great Momentum Stock: Should You Buy?Does Cirrus Logic (CRUS) have what it takes to be a top stock pick for momentum investors? Let's find out.


     

  • Here's Why Momentum Investors Will Love Amkor Technology (AMKR)      Fri, 22 Nov 2019 10:00:03 -0500

    Here's Why Momentum Investors Will Love Amkor Technology (AMKR)Does Amkor Technology (AMKR) have what it takes to be a top stock pick for momentum investors? Let's find out.


    Here's Why Momentum Investors Will Love Amkor Technology (AMKR)Does Amkor Technology (AMKR) have what it takes to be a top stock pick for momentum investors? Let's find out.


     

  • Here's Why Momentum Investors Will Love LHC Group (LHCG)      Fri, 22 Nov 2019 10:00:03 -0500

    Here's Why Momentum Investors Will Love LHC Group (LHCG)Does LHC Group (LHCG) have what it takes to be a top stock pick for momentum investors? Let's find out.


    Here's Why Momentum Investors Will Love LHC Group (LHCG)Does LHC Group (LHCG) have what it takes to be a top stock pick for momentum investors? Let's find out.


     

  • 7 Ways to Be More Productive at Work (and Actually Leave on Time)      Fri, 22 Nov 2019 10:00:00 -0500

    7 Ways to Be More Productive at Work (and Actually Leave on Time)TBT to the days when you used to eat lunch away from your desk. Now your workdays are so action packed, you’re lucky if you eat lunch by 3 p.m. So what’s the best way to maximize your productivity during your...


    7 Ways to Be More Productive at Work (and Actually Leave on Time)TBT to the days when you used to eat lunch away from your desk. Now your workdays are so action packed, you’re lucky if you eat lunch by 3 p.m. So what’s the best way to maximize your productivity during your...


     

  • The 2021 Kia Seltos and Kia Sportage are nearly the same size inside      Fri, 22 Nov 2019 10:00:00 -0500

    The 2021 Kia Seltos and Kia Sportage are nearly the same size insideThe 2021 Kia Seltos unveiled here at the L.A. Auto Show slots between the Soul and Sportage in Kia's crossover lineup, but it's much closer to the latter in terms of size. Second-row legroom is basically the same, which I can confirm, having sat in both Seltos and Sportage back-to-back. Taking a look in the cargo area, the Sportage's advantage seems to come from being deeper.


    The 2021 Kia Seltos and Kia Sportage are nearly the same size insideThe 2021 Kia Seltos unveiled here at the L.A. Auto Show slots between the Soul and Sportage in Kia's crossover lineup, but it's much closer to the latter in terms of size. Second-row legroom is basically the same, which I can confirm, having sat in both Seltos and Sportage back-to-back. Taking a look in the cargo area, the Sportage's advantage seems to come from being deeper.


     

  • U.S. Consumer Sentiment Rises to Four-Month High on Outlook      Fri, 22 Nov 2019 10:00:00 -0500

    U.S. Consumer Sentiment Rises to Four-Month High on Outlook(Bloomberg) -- U.S. consumer sentiment extended gains in mid-November as Americans' economic outlook improved against a backdrop of solid hiring, record stock prices and the prospect of a trade truce with China.The University of Michigan's final sentiment index advanced to 96.8 in November from 95.5 in October, data showed Friday. It was also above both the preliminary reading and median analyst estimate of 95.7. The gauge of current conditions decreased to 111.6 while the expectations index climbed to 87.3, and both were higher than in the initial report.Key InsightsThe upbeat reading, marking the longest streak in sentiment gains since early 2017, signals consumers will continue to drive the longest economic expansion in U.S. history as the holiday shopping season begins. The measure of Americans' expectations for inflation five to 10 years out rebounded to 2.5% from a reading that matched a record low. That may give some comfort to Federal Reserve officials, after some policy makers flagged concerns about low inflation expectations in supporting a third straight interest-rate cut last month, according to minutes of their meeting. Americans' optimism is being supported by record stock values and a still-solid job market as well as lower interest rates following the Federal Reserve's third straight reduction in borrowing costs. The Trump administration and Chinese officials are in the process of negotiating an initial trade accord, though it could still fall through. While Americans' sentiment remains sharply divided among partisan lines, the data suggested that the start of impeachment proceedings against Republican President Donald Trump is seeping into views: The index rose to a three- month high among Democratic respondents and slumped to a three-month low among Republicans. Still, just 2% of respondents made spontaneous references to impeachment. Official's View“Personal spending will be energized by record favorable evaluations by consumers of their personal financial situation,” Richard Curtin, director of the University of Michigan consumer survey, said in a statement. “Nonetheless, there is little point in dismissing the significant risks from potential negative shocks, associated with tariffs, impeachment, global growth, or geopolitical events.”Get MoreConsumer expectations for inflation over the coming year were unchanged from the prior month at 2.5%. A measure of buying conditions for household durable goods dipped less than initially reported, while lower mortgage rates have helped boost home-buying attitudes. Fifty-four percent of households said their finances had recently improved, not far from the record high of 57%. The report reflects surveys from Oct. 22 to Nov. 18. The preliminary report's cutoff was Nov. 6. For more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


    U.S. Consumer Sentiment Rises to Four-Month High on Outlook(Bloomberg) -- U.S. consumer sentiment extended gains in mid-November as Americans' economic outlook improved against a backdrop of solid hiring, record stock prices and the prospect of a trade truce with China.The University of Michigan's final sentiment index advanced to 96.8 in November from 95.5 in October, data showed Friday. It was also above both the preliminary reading and median analyst estimate of 95.7. The gauge of current conditions decreased to 111.6 while the expectations index climbed to 87.3, and both were higher than in the initial report.Key InsightsThe upbeat reading, marking the longest streak in sentiment gains since early 2017, signals consumers will continue to drive the longest economic expansion in U.S. history as the holiday shopping season begins. The measure of Americans' expectations for inflation five to 10 years out rebounded to 2.5% from a reading that matched a record low. That may give some comfort to Federal Reserve officials, after some policy makers flagged concerns about low inflation expectations in supporting a third straight interest-rate cut last month, according to minutes of their meeting. Americans' optimism is being supported by record stock values and a still-solid job market as well as lower interest rates following the Federal Reserve's third straight reduction in borrowing costs. The Trump administration and Chinese officials are in the process of negotiating an initial trade accord, though it could still fall through. While Americans' sentiment remains sharply divided among partisan lines, the data suggested that the start of impeachment proceedings against Republican President Donald Trump is seeping into views: The index rose to a three- month high among Democratic respondents and slumped to a three-month low among Republicans. Still, just 2% of respondents made spontaneous references to impeachment. Official's View“Personal spending will be energized by record favorable evaluations by consumers of their personal financial situation,” Richard Curtin, director of the University of Michigan consumer survey, said in a statement. “Nonetheless, there is little point in dismissing the significant risks from potential negative shocks, associated with tariffs, impeachment, global growth, or geopolitical events.”Get MoreConsumer expectations for inflation over the coming year were unchanged from the prior month at 2.5%. A measure of buying conditions for household durable goods dipped less than initially reported, while lower mortgage rates have helped boost home-buying attitudes. Fifty-four percent of households said their finances had recently improved, not far from the record high of 57%. The report reflects surveys from Oct. 22 to Nov. 18. The preliminary report's cutoff was Nov. 6. For more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


     

  • Dominion (D) to Gain From $26B Investment, Dilution a Worry      Fri, 22 Nov 2019 09:59:02 -0500

    Dominion (D) to Gain From $26B Investment, Dilution a WorryAlthough Dominion Energy's (D) plans to invest $26B to strengthen its infrastructure in the next five years are likely to boost its performance, share dilution may adversely impact earnings.


    Dominion (D) to Gain From $26B Investment, Dilution a WorryAlthough Dominion Energy's (D) plans to invest $26B to strengthen its infrastructure in the next five years are likely to boost its performance, share dilution may adversely impact earnings.


     

  • Here's Why Harvest Gold (CVE:HVG) Must Play Its Cards Just Right      Fri, 22 Nov 2019 09:57:33 -0500

    Here's Why Harvest Gold (CVE:HVG) Must Play Its Cards Just RightWe can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...


    Here's Why Harvest Gold (CVE:HVG) Must Play Its Cards Just RightWe can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...


     

  • General Motors Recalls 640,000 Pickups Over Seat Belt Issues      Fri, 22 Nov 2019 09:57:02 -0500

    General Motors Recalls 640,000 Pickups Over Seat Belt IssuesWhile General Motors (GM) reports two fires due to seat belt concerns, the issue has not resulted in any injuries.


    General Motors Recalls 640,000 Pickups Over Seat Belt IssuesWhile General Motors (GM) reports two fires due to seat belt concerns, the issue has not resulted in any injuries.


     

  • Can Value Investors Pick Provident Fin (FPLPY) Stock Right Now?      Fri, 22 Nov 2019 09:55:02 -0500

    Can Value Investors Pick Provident Fin (FPLPY) Stock Right Now?Let's see if Provident Fin (FPLPY) stock is a good choice for value-oriented investors right now from multiple angles.


    Can Value Investors Pick Provident Fin (FPLPY) Stock Right Now?Let's see if Provident Fin (FPLPY) stock is a good choice for value-oriented investors right now from multiple angles.


     

  • Quanta Services or AECOM: Which Construction Stock to Bet On?      Fri, 22 Nov 2019 09:55:02 -0500

    Quanta Services or AECOM: Which Construction Stock to Bet On?Housing market rebound and increase in government projects are likely to boost construction demand. In light of this, let us analyze which is a better pick - Quanta Services (PWR) or AECOM (ACM).


    Quanta Services or AECOM: Which Construction Stock to Bet On?Housing market rebound and increase in government projects are likely to boost construction demand. In light of this, let us analyze which is a better pick - Quanta Services (PWR) or AECOM (ACM).


     

  • U.S. factory and services activity quicken in November: Markit      Fri, 22 Nov 2019 09:53:41 -0500

    U.S. factory and services activity quicken in November: MarkitIHS Markit said its "flash" purchasing managers index for manufacturing rose to 52.2 in November from a final reading of 51.3 in October, while its preliminary services PMI increased to 51.6 this month from 50.6 last month. Markit's flash composite index, a blend of the two, rose to 51.9 from 50.9 in October and reaching its highest level since July. The U.S. economy has slowed this year from 2018's brisk pace that had been fueled by $1.5 trillion in stimulus from tax cuts and spending.


    U.S. factory and services activity quicken in November: MarkitIHS Markit said its "flash" purchasing managers index for manufacturing rose to 52.2 in November from a final reading of 51.3 in October, while its preliminary services PMI increased to 51.6 this month from 50.6 last month. Markit's flash composite index, a blend of the two, rose to 51.9 from 50.9 in October and reaching its highest level since July. The U.S. economy has slowed this year from 2018's brisk pace that had been fueled by $1.5 trillion in stimulus from tax cuts and spending.


     

  • U.S. factory and services activity quicken in November: Markit      Fri, 22 Nov 2019 09:53:41 -0500

    U.S. factory and services activity quicken in November: MarkitIHS Markit said its "flash" purchasing managers index for manufacturing rose to 52.2 in November from a final reading of 51.3 in October, while its preliminary services PMI increased to 51.6 this month from 50.6 last month. Markit's flash composite index, a blend of the two, rose to 51.9 from 50.9 in October and reaching its highest level since July. The U.S. economy has slowed this year from 2018's brisk pace that had been fueled by $1.5 trillion in stimulus from tax cuts and spending.


    U.S. factory and services activity quicken in November: MarkitIHS Markit said its "flash" purchasing managers index for manufacturing rose to 52.2 in November from a final reading of 51.3 in October, while its preliminary services PMI increased to 51.6 this month from 50.6 last month. Markit's flash composite index, a blend of the two, rose to 51.9 from 50.9 in October and reaching its highest level since July. The U.S. economy has slowed this year from 2018's brisk pace that had been fueled by $1.5 trillion in stimulus from tax cuts and spending.


     

  • IDACROP (IDA) to Raise Dividend Payout Range to 60-70%      Fri, 22 Nov 2019 09:53:02 -0500

    IDACROP (IDA) to Raise Dividend Payout Range to 60-70%IDACORP (IDA) adopts a new dividend policy that revises its long-term dividend payout ratio to 60-70% from the prior range of 50-60% of its earnings. This move is likely to improve shareholder value.


    IDACROP (IDA) to Raise Dividend Payout Range to 60-70%IDACORP (IDA) adopts a new dividend policy that revises its long-term dividend payout ratio to 60-70% from the prior range of 50-60% of its earnings. This move is likely to improve shareholder value.


     

  • Indian gold sellers opt for discounts; China, Hong Kong demand weak      Fri, 22 Nov 2019 09:52:04 -0500

    Indian gold sellers opt for discounts; China, Hong Kong demand weakBENGALURU/MUMBAI (Reuters) - Gold demand remained subdued in China this week against a backdrop of slowing economic growth, and in Hong Kong where protests continued, while prices in India flipped into discount as demand eased. In Hong Kong, gold premiums remained unchanged at 30 cents to 50 cents an ounce range over benchmark prices, as people awaited district council elections on Sunday after months of unrest by pro-democracy protesters, which caused gold demand to weaken in the region. A fresh dispute between China and the United States over Hong Kong this week, as the U.S. Congress passed legislation to back protesters in Hong Kong and threaten China with possible sanctions on human rights, further raised fears that the 18-month long trade war could not be settled this year.


    Indian gold sellers opt for discounts; China, Hong Kong demand weakBENGALURU/MUMBAI (Reuters) - Gold demand remained subdued in China this week against a backdrop of slowing economic growth, and in Hong Kong where protests continued, while prices in India flipped into discount as demand eased. In Hong Kong, gold premiums remained unchanged at 30 cents to 50 cents an ounce range over benchmark prices, as people awaited district council elections on Sunday after months of unrest by pro-democracy protesters, which caused gold demand to weaken in the region. A fresh dispute between China and the United States over Hong Kong this week, as the U.S. Congress passed legislation to back protesters in Hong Kong and threaten China with possible sanctions on human rights, further raised fears that the 18-month long trade war could not be settled this year.


     

  • Is PennyMac (PFSI) a Suitable Stock for Value Investors?      Fri, 22 Nov 2019 09:50:02 -0500

    Is PennyMac (PFSI) a Suitable Stock for Value Investors?Let's see if PennyMac (PFSI) stock is a good choice for value-oriented investors right now from multiple angles.


    Is PennyMac (PFSI) a Suitable Stock for Value Investors?Let's see if PennyMac (PFSI) stock is a good choice for value-oriented investors right now from multiple angles.


     

  • Chubb (CB) to Boost Shareholder Value Via Share Buybacks      Fri, 22 Nov 2019 09:50:02 -0500

    Chubb (CB) to Boost Shareholder Value Via Share BuybacksChubb's (CB) dividend announcement and approval of a share buyback program reflect operational strength, thereby supporting effective capital deployment.


    Chubb (CB) to Boost Shareholder Value Via Share BuybacksChubb's (CB) dividend announcement and approval of a share buyback program reflect operational strength, thereby supporting effective capital deployment.


     

  • The Zacks Analyst Blog Highlights: Intel, Advanced Micro Devices, Alphabet, Taiwan Semiconductor and NVIDIA      Fri, 22 Nov 2019 09:50:02 -0500

    The Zacks Analyst Blog Highlights: Intel, Advanced Micro Devices, Alphabet, Taiwan Semiconductor and NVIDIAThe Zacks Analyst Blog Highlights: Intel, Advanced Micro Devices, Alphabet, Taiwan Semiconductor and NVIDIA


    The Zacks Analyst Blog Highlights: Intel, Advanced Micro Devices, Alphabet, Taiwan Semiconductor and NVIDIAThe Zacks Analyst Blog Highlights: Intel, Advanced Micro Devices, Alphabet, Taiwan Semiconductor and NVIDIA


     

  • U.S. Stocks Climb as Trump Says Trade Deal ‘Close’: Markets Wrap      Fri, 22 Nov 2019 09:49:44 -0500

    U.S. Stocks Climb as Trump Says Trade Deal ‘Close’: Markets Wrap(Bloomberg) -- U.S. equities edged higher after President Donald Trump said he was “very close” to a trade deal with China. Treasuries erased gains and held steady.Automakers led gains on the S&P 500 Index after Trump’s comments in an interview on Fox News, in which he added that China was much more interested in an accord than he was. European stocks advanced. The pound fell -- boosting British equities -- following a gloomy reading of company sentiment. Government bonds in Europe advanced as a measure of services in the euro area disappointed, even as Germany reported favorable manufacturing numbers.It’s been a mixed picture on the trade front this week, suppressing volatility and keeping stocks in a tight range within 1% of a record high. Chinese Vice Premier Liu He has invited Robert Lighthizer to Beijing for further talks later this month, according to people familiar with the matter, and Washington will likely postpone new tariffs scheduled for December even if there’s no deal by then, the South China Morning Post reported. However, Trump may soon sign a bill supporting Hong Kong’s protesters, a move likely to anger China. He declined to reveal plans in the Fox News interview.“Stocks’ short-term direction is still all about trade,” said Alec Young, managing director of global markets research at FTSE Russell. “Given precious little substance of late on that front, it’s no surprise stocks are stuck in a tight trading range with volatility at multi month lows.”Elsewhere, Japanese shares steadied after three days of declines, while stocks climbed in Australia and Hong Kong, and slipped in China. Gold reversed earlier losses.These are the main moves in markets:StocksThe S&P 500 Index rose 0.2% as of 9:46 a.m. New York time.The Stoxx Europe 600 Index climbed 0.6%.The U.K.’s FTSE 100 Index surged 1.4%.The MSCI Asia Pacific Index increased 0.2%.CurrenciesThe Bloomberg Dollar Spot Index rose 0.1%.The euro fell 0.1% to $1.1049.The British pound decreased 0.5% to $1.2846.The Japanese yen was little changed at 108.66 per dollar.BondsThe yield on 10-year Treasuries decreased one basis point to 1.77%.Germany’s 10-year yield fell three basis points to -0.36%.Britain’s 10-year yield decreased four basis points to 0.71%.CommoditiesWest Texas Intermediate crude fell 0.6% to $58.22 a barrel.Gold gained 0.3% to $1,468.25 an ounce.\--With assistance from Adam Haigh and Constantine Courcoulas.To contact the reporter on this story: Vildana Hajric in New York at vhajric1@bloomberg.netTo contact the editors responsible for this story: Sam Potter at spotter33@bloomberg.net, ;Jeremy Herron at jherron8@bloomberg.net, Brendan WalshFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


    U.S. Stocks Climb as Trump Says Trade Deal ‘Close’: Markets Wrap(Bloomberg) -- U.S. equities edged higher after President Donald Trump said he was “very close” to a trade deal with China. Treasuries erased gains and held steady.Automakers led gains on the S&P 500 Index after Trump’s comments in an interview on Fox News, in which he added that China was much more interested in an accord than he was. European stocks advanced. The pound fell -- boosting British equities -- following a gloomy reading of company sentiment. Government bonds in Europe advanced as a measure of services in the euro area disappointed, even as Germany reported favorable manufacturing numbers.It’s been a mixed picture on the trade front this week, suppressing volatility and keeping stocks in a tight range within 1% of a record high. Chinese Vice Premier Liu He has invited Robert Lighthizer to Beijing for further talks later this month, according to people familiar with the matter, and Washington will likely postpone new tariffs scheduled for December even if there’s no deal by then, the South China Morning Post reported. However, Trump may soon sign a bill supporting Hong Kong’s protesters, a move likely to anger China. He declined to reveal plans in the Fox News interview.“Stocks’ short-term direction is still all about trade,” said Alec Young, managing director of global markets research at FTSE Russell. “Given precious little substance of late on that front, it’s no surprise stocks are stuck in a tight trading range with volatility at multi month lows.”Elsewhere, Japanese shares steadied after three days of declines, while stocks climbed in Australia and Hong Kong, and slipped in China. Gold reversed earlier losses.These are the main moves in markets:StocksThe S&P 500 Index rose 0.2% as of 9:46 a.m. New York time.The Stoxx Europe 600 Index climbed 0.6%.The U.K.’s FTSE 100 Index surged 1.4%.The MSCI Asia Pacific Index increased 0.2%.CurrenciesThe Bloomberg Dollar Spot Index rose 0.1%.The euro fell 0.1% to $1.1049.The British pound decreased 0.5% to $1.2846.The Japanese yen was little changed at 108.66 per dollar.BondsThe yield on 10-year Treasuries decreased one basis point to 1.77%.Germany’s 10-year yield fell three basis points to -0.36%.Britain’s 10-year yield decreased four basis points to 0.71%.CommoditiesWest Texas Intermediate crude fell 0.6% to $58.22 a barrel.Gold gained 0.3% to $1,468.25 an ounce.\--With assistance from Adam Haigh and Constantine Courcoulas.To contact the reporter on this story: Vildana Hajric in New York at vhajric1@bloomberg.netTo contact the editors responsible for this story: Sam Potter at spotter33@bloomberg.net, ;Jeremy Herron at jherron8@bloomberg.net, Brendan WalshFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


     

  • Congress passes deal to avert Thanksgiving government shutdown, but December shutdown looms      Fri, 22 Nov 2019 09:49:28 -0500

    Congress passes deal to avert Thanksgiving government shutdown, but December shutdown loomsLawmakers passed a budget extension until Dec. 20, preventing a funding disruption for now.


    Congress passes deal to avert Thanksgiving government shutdown, but December shutdown loomsLawmakers passed a budget extension until Dec. 20, preventing a funding disruption for now.


     

  • Tesla Truck Demo Gets Awkward as Shatterproof Windows Shatter      Fri, 22 Nov 2019 09:49:20 -0500

    Tesla Truck Demo Gets Awkward as Shatterproof Windows Shatter(Bloomberg) -- Tesla Inc. Chief Executive Officer Elon Musk took to the stage late Thursday to reprise a familiar role: pitching a future vehicle to a throng of adoring fans. This time, it was the “Cybertruck” -- his name for Tesla’s new electric pickup.The angular vehicle, which has a stainless-steel skin, starts at $39,900 and will come in three variants, Musk told a packed audience in Hawthorne, California. Customers can order the truck with a deposit of just $100, though production “nears in late 2021,” Tesla said on its website.After a “Blade Runner”-inspired introduction, Musk had Tesla’s long time chief designer, Franz von Holzhausen, smash the truck’s steel exterior with a sledgehammer, showing that it did not dent.But it was the second demonstration, of “Tesla armor glass,” that was the real show stopper: von Holzhausen unintentionally shattered two of the truck’s windows with a metallic ball, causing Musk to say “Oh my f---ing god.” Given how product launches are usually scripted and rehearsed, the broken windows were the evening’s big surprise.Tesla shares fell 5.5% to $335.32 as of 9:47 a.m. in New York, the sharpest decline in almost two months.The evening began with a slide show of standard pickup trucks throughout the years, and Musk’s vow to make something different that runs on sustainable energy.“You want a truck that’s really tough, not fake tough,” Musk said, in what seemed to be a veiled swipe at Ford Motor Co.’s slogan. “A truck you can take a sledgehammer to that doesn’t dent.”Tesla fans in the audience liked what they saw.“It’s like something out of a movie set,” said Elizabeth Lepek of Marina del Rey, California, a current Tesla Model X owner who placed a $100 deposit for the Cybertruck. “It’s so futuristic. I like the design of it. There’s nothing quite like it on the road.”But traditional truck buyers are a tougher audience and less likely to be impressed by Silicon Valley sizzle.“It misses the core truck buyer,” said Gene Munster, a managing partner at venture capital firm Loup Ventures. “A contractor is not going to show up to a work site in this truck. That said, Tesla will still sell some of them.”The hashtag cybertruck quickly began trending on Twitter as potential customers started sharing their views about the futuristic design -- and the window snafu.And though it will take a long time before the Cybertruck hits the streets, that’s something Tesla customers are used to. Musk unveiled a Semi truck two years ago, but that vehicle has yet to enter volume production.Musk tweeted Friday the truck also will offer an optional two-person all-terrain vehicle, signaling Tesla’s plan to enter the off-road vehicle market. The lucrative full-size pickup market in the U.S. is dominated by the Detroit 3: Ford Motor Co.’s F-150, Fiat Chrysler Automobiles NV’s Ram 1500 and General Motors Co.’s Chevy Silverado. Japanese automakers have spent two decades and billions of dollars to get in on the gravy train, but U.S. brands still control almost 92% of the half-ton segment, according to IHS Markit.“The design will be questioned, but over time the specs will help win over pickup loyalists,” said analyst Ben Kallo of Robert W. Baird. “But the volumes are expected to be low, and the Model 3 and Model Y continue to be the focus.”(Updates with shares trading after market opening Friday in fifth paragraph.)\--With assistance from Thuy Ong, Natnicha Chuwiruch and Derek Wallbank.To contact the reporters on this story: Dana Hull in San Francisco at dhull12@bloomberg.net;Ed Ludlow in San Francisco at eludlow2@bloomberg.netTo contact the editors responsible for this story: Chester Dawson at cdawson54@bloomberg.net, Ville HeiskanenFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


    Tesla Truck Demo Gets Awkward as Shatterproof Windows Shatter(Bloomberg) -- Tesla Inc. Chief Executive Officer Elon Musk took to the stage late Thursday to reprise a familiar role: pitching a future vehicle to a throng of adoring fans. This time, it was the “Cybertruck” -- his name for Tesla’s new electric pickup.The angular vehicle, which has a stainless-steel skin, starts at $39,900 and will come in three variants, Musk told a packed audience in Hawthorne, California. Customers can order the truck with a deposit of just $100, though production “nears in late 2021,” Tesla said on its website.After a “Blade Runner”-inspired introduction, Musk had Tesla’s long time chief designer, Franz von Holzhausen, smash the truck’s steel exterior with a sledgehammer, showing that it did not dent.But it was the second demonstration, of “Tesla armor glass,” that was the real show stopper: von Holzhausen unintentionally shattered two of the truck’s windows with a metallic ball, causing Musk to say “Oh my f---ing god.” Given how product launches are usually scripted and rehearsed, the broken windows were the evening’s big surprise.Tesla shares fell 5.5% to $335.32 as of 9:47 a.m. in New York, the sharpest decline in almost two months.The evening began with a slide show of standard pickup trucks throughout the years, and Musk’s vow to make something different that runs on sustainable energy.“You want a truck that’s really tough, not fake tough,” Musk said, in what seemed to be a veiled swipe at Ford Motor Co.’s slogan. “A truck you can take a sledgehammer to that doesn’t dent.”Tesla fans in the audience liked what they saw.“It’s like something out of a movie set,” said Elizabeth Lepek of Marina del Rey, California, a current Tesla Model X owner who placed a $100 deposit for the Cybertruck. “It’s so futuristic. I like the design of it. There’s nothing quite like it on the road.”But traditional truck buyers are a tougher audience and less likely to be impressed by Silicon Valley sizzle.“It misses the core truck buyer,” said Gene Munster, a managing partner at venture capital firm Loup Ventures. “A contractor is not going to show up to a work site in this truck. That said, Tesla will still sell some of them.”The hashtag cybertruck quickly began trending on Twitter as potential customers started sharing their views about the futuristic design -- and the window snafu.And though it will take a long time before the Cybertruck hits the streets, that’s something Tesla customers are used to. Musk unveiled a Semi truck two years ago, but that vehicle has yet to enter volume production.Musk tweeted Friday the truck also will offer an optional two-person all-terrain vehicle, signaling Tesla’s plan to enter the off-road vehicle market. The lucrative full-size pickup market in the U.S. is dominated by the Detroit 3: Ford Motor Co.’s F-150, Fiat Chrysler Automobiles NV’s Ram 1500 and General Motors Co.’s Chevy Silverado. Japanese automakers have spent two decades and billions of dollars to get in on the gravy train, but U.S. brands still control almost 92% of the half-ton segment, according to IHS Markit.“The design will be questioned, but over time the specs will help win over pickup loyalists,” said analyst Ben Kallo of Robert W. Baird. “But the volumes are expected to be low, and the Model 3 and Model Y continue to be the focus.”(Updates with shares trading after market opening Friday in fifth paragraph.)\--With assistance from Thuy Ong, Natnicha Chuwiruch and Derek Wallbank.To contact the reporters on this story: Dana Hull in San Francisco at dhull12@bloomberg.net;Ed Ludlow in San Francisco at eludlow2@bloomberg.netTo contact the editors responsible for this story: Chester Dawson at cdawson54@bloomberg.net, Ville HeiskanenFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


     

  • Tesla Truck Demo Gets Awkward as Shatterproof Windows Shatter      Fri, 22 Nov 2019 09:49:20 -0500

    Tesla Truck Demo Gets Awkward as Shatterproof Windows Shatter(Bloomberg) -- Tesla Inc. Chief Executive Officer Elon Musk took to the stage late Thursday to reprise a familiar role: pitching a future vehicle to a throng of adoring fans. This time, it was the “Cybertruck” -- his name for Tesla’s new electric pickup.The angular vehicle, which has a stainless-steel skin, starts at $39,900 and will come in three variants, Musk told a packed audience in Hawthorne, California. Customers can order the truck with a deposit of just $100, though production “nears in late 2021,” Tesla said on its website.After a “Blade Runner”-inspired introduction, Musk had Tesla’s long time chief designer, Franz von Holzhausen, smash the truck’s steel exterior with a sledgehammer, showing that it did not dent.But it was the second demonstration, of “Tesla armor glass,” that was the real show stopper: von Holzhausen unintentionally shattered two of the truck’s windows with a metallic ball, causing Musk to say “Oh my f---ing god.” Given how product launches are usually scripted and rehearsed, the broken windows were the evening’s big surprise.Tesla shares fell 5.5% to $335.32 as of 9:47 a.m. in New York, the sharpest decline in almost two months.The evening began with a slide show of standard pickup trucks throughout the years, and Musk’s vow to make something different that runs on sustainable energy.“You want a truck that’s really tough, not fake tough,” Musk said, in what seemed to be a veiled swipe at Ford Motor Co.’s slogan. “A truck you can take a sledgehammer to that doesn’t dent.”Tesla fans in the audience liked what they saw.“It’s like something out of a movie set,” said Elizabeth Lepek of Marina del Rey, California, a current Tesla Model X owner who placed a $100 deposit for the Cybertruck. “It’s so futuristic. I like the design of it. There’s nothing quite like it on the road.”But traditional truck buyers are a tougher audience and less likely to be impressed by Silicon Valley sizzle.“It misses the core truck buyer,” said Gene Munster, a managing partner at venture capital firm Loup Ventures. “A contractor is not going to show up to a work site in this truck. That said, Tesla will still sell some of them.”The hashtag cybertruck quickly began trending on Twitter as potential customers started sharing their views about the futuristic design -- and the window snafu.And though it will take a long time before the Cybertruck hits the streets, that’s something Tesla customers are used to. Musk unveiled a Semi truck two years ago, but that vehicle has yet to enter volume production.Musk tweeted Friday the truck also will offer an optional two-person all-terrain vehicle, signaling Tesla’s plan to enter the off-road vehicle market. The lucrative full-size pickup market in the U.S. is dominated by the Detroit 3: Ford Motor Co.’s F-150, Fiat Chrysler Automobiles NV’s Ram 1500 and General Motors Co.’s Chevy Silverado. Japanese automakers have spent two decades and billions of dollars to get in on the gravy train, but U.S. brands still control almost 92% of the half-ton segment, according to IHS Markit.“The design will be questioned, but over time the specs will help win over pickup loyalists,” said analyst Ben Kallo of Robert W. Baird. “But the volumes are expected to be low, and the Model 3 and Model Y continue to be the focus.”(Updates with shares trading after market opening Friday in fifth paragraph.)\--With assistance from Thuy Ong, Natnicha Chuwiruch and Derek Wallbank.To contact the reporters on this story: Dana Hull in San Francisco at dhull12@bloomberg.net;Ed Ludlow in San Francisco at eludlow2@bloomberg.netTo contact the editors responsible for this story: Chester Dawson at cdawson54@bloomberg.net, Ville HeiskanenFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


    Tesla Truck Demo Gets Awkward as Shatterproof Windows Shatter(Bloomberg) -- Tesla Inc. Chief Executive Officer Elon Musk took to the stage late Thursday to reprise a familiar role: pitching a future vehicle to a throng of adoring fans. This time, it was the “Cybertruck” -- his name for Tesla’s new electric pickup.The angular vehicle, which has a stainless-steel skin, starts at $39,900 and will come in three variants, Musk told a packed audience in Hawthorne, California. Customers can order the truck with a deposit of just $100, though production “nears in late 2021,” Tesla said on its website.After a “Blade Runner”-inspired introduction, Musk had Tesla’s long time chief designer, Franz von Holzhausen, smash the truck’s steel exterior with a sledgehammer, showing that it did not dent.But it was the second demonstration, of “Tesla armor glass,” that was the real show stopper: von Holzhausen unintentionally shattered two of the truck’s windows with a metallic ball, causing Musk to say “Oh my f---ing god.” Given how product launches are usually scripted and rehearsed, the broken windows were the evening’s big surprise.Tesla shares fell 5.5% to $335.32 as of 9:47 a.m. in New York, the sharpest decline in almost two months.The evening began with a slide show of standard pickup trucks throughout the years, and Musk’s vow to make something different that runs on sustainable energy.“You want a truck that’s really tough, not fake tough,” Musk said, in what seemed to be a veiled swipe at Ford Motor Co.’s slogan. “A truck you can take a sledgehammer to that doesn’t dent.”Tesla fans in the audience liked what they saw.“It’s like something out of a movie set,” said Elizabeth Lepek of Marina del Rey, California, a current Tesla Model X owner who placed a $100 deposit for the Cybertruck. “It’s so futuristic. I like the design of it. There’s nothing quite like it on the road.”But traditional truck buyers are a tougher audience and less likely to be impressed by Silicon Valley sizzle.“It misses the core truck buyer,” said Gene Munster, a managing partner at venture capital firm Loup Ventures. “A contractor is not going to show up to a work site in this truck. That said, Tesla will still sell some of them.”The hashtag cybertruck quickly began trending on Twitter as potential customers started sharing their views about the futuristic design -- and the window snafu.And though it will take a long time before the Cybertruck hits the streets, that’s something Tesla customers are used to. Musk unveiled a Semi truck two years ago, but that vehicle has yet to enter volume production.Musk tweeted Friday the truck also will offer an optional two-person all-terrain vehicle, signaling Tesla’s plan to enter the off-road vehicle market. The lucrative full-size pickup market in the U.S. is dominated by the Detroit 3: Ford Motor Co.’s F-150, Fiat Chrysler Automobiles NV’s Ram 1500 and General Motors Co.’s Chevy Silverado. Japanese automakers have spent two decades and billions of dollars to get in on the gravy train, but U.S. brands still control almost 92% of the half-ton segment, according to IHS Markit.“The design will be questioned, but over time the specs will help win over pickup loyalists,” said analyst Ben Kallo of Robert W. Baird. “But the volumes are expected to be low, and the Model 3 and Model Y continue to be the focus.”(Updates with shares trading after market opening Friday in fifth paragraph.)\--With assistance from Thuy Ong, Natnicha Chuwiruch and Derek Wallbank.To contact the reporters on this story: Dana Hull in San Francisco at dhull12@bloomberg.net;Ed Ludlow in San Francisco at eludlow2@bloomberg.netTo contact the editors responsible for this story: Chester Dawson at cdawson54@bloomberg.net, Ville HeiskanenFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.


     

  • Why Vista Alegre Atlantis, SGPS, S.A.’s (ELI:VAF) Use Of Investor Capital Doesn’t Look Great      Fri, 22 Nov 2019 09:49:19 -0500

    Why Vista Alegre Atlantis, SGPS, S.A.’s (ELI:VAF) Use Of Investor Capital Doesn’t Look GreatToday we are going to look at Vista Alegre Atlantis, SGPS, S.A. (ELI:VAF) to see whether it might be an attractive...


    Why Vista Alegre Atlantis, SGPS, S.A.’s (ELI:VAF) Use Of Investor Capital Doesn’t Look GreatToday we are going to look at Vista Alegre Atlantis, SGPS, S.A. (ELI:VAF) to see whether it might be an attractive...


     

  • The Zacks Analyst Blog Highlights: DaVita, Quanta Services, CRA International, NRG Energy and First American Financial      Fri, 22 Nov 2019 09:49:02 -0500

    The Zacks Analyst Blog Highlights: DaVita, Quanta Services, CRA International, NRG Energy and First American FinancialThe Zacks Analyst Blog Highlights: DaVita, Quanta Services, CRA International, NRG Energy and First American Financial


    The Zacks Analyst Blog Highlights: DaVita, Quanta Services, CRA International, NRG Energy and First American FinancialThe Zacks Analyst Blog Highlights: DaVita, Quanta Services, CRA International, NRG Energy and First American Financial


     

  • The Zacks Analyst Blog Highlights: Jounce Therapeutics, BioDelivery Sciences International, Ironwood Pharmaceuticals, Osmotica Pharmaceuticals and Select Medical      Fri, 22 Nov 2019 09:48:02 -0500

    The Zacks Analyst Blog Highlights: Jounce Therapeutics, BioDelivery Sciences International, Ironwood Pharmaceuticals, Osmotica Pharmaceuticals and Select MedicalThe Zacks Analyst Blog Highlights: Jounce Therapeutics, BioDelivery Sciences International, Ironwood Pharmaceuticals, Osmotica Pharmaceuticals and Select Medical


    The Zacks Analyst Blog Highlights: Jounce Therapeutics, BioDelivery Sciences International, Ironwood Pharmaceuticals, Osmotica Pharmaceuticals and Select MedicalThe Zacks Analyst Blog Highlights: Jounce Therapeutics, BioDelivery Sciences International, Ironwood Pharmaceuticals, Osmotica Pharmaceuticals and Select Medical


     

  • 3 Real Estate Funds to Buy as U.S. Housing Gathers Steam      Fri, 22 Nov 2019 09:47:02 -0500

    3 Real Estate Funds to Buy as U.S. Housing Gathers SteamFor investors looking to park their money in the real estate sector, mutual funds are the cheapest and most-convenient options.


    3 Real Estate Funds to Buy as U.S. Housing Gathers SteamFor investors looking to park their money in the real estate sector, mutual funds are the cheapest and most-convenient options.


     

  • Emirates' Clark says Rolls-Royce needs to sort itself out after engine delays      Fri, 22 Nov 2019 09:46:57 -0500

    Emirates' Clark says Rolls-Royce needs to sort itself out after engine delaysThe board of Rolls-Royce must urgently address its engine performance problems, the head of Dubai's Emirates said, as the world's largest buyer of wide-body jets weighs up who will power its order of Boeing 787 jets. Emirates [EMIRA.UL] agreed to buy its first 787 Dreamliners in a last-minute, $9 billion deal at the Dubai Airshow on Wednesday, without specifying what engine would power it, while reducing its order for the U.S. planemaker's delayed 777X model. The 787s, which can take either Rolls or rival GE Aviation's GEnx engines, will be delivered to Emirates in 2023, a year later than a tentative purchase plan outlined two years ago.


    Emirates' Clark says Rolls-Royce needs to sort itself out after engine delaysThe board of Rolls-Royce must urgently address its engine performance problems, the head of Dubai's Emirates said, as the world's largest buyer of wide-body jets weighs up who will power its order of Boeing 787 jets. Emirates [EMIRA.UL] agreed to buy its first 787 Dreamliners in a last-minute, $9 billion deal at the Dubai Airshow on Wednesday, without specifying what engine would power it, while reducing its order for the U.S. planemaker's delayed 777X model. The 787s, which can take either Rolls or rival GE Aviation's GEnx engines, will be delivered to Emirates in 2023, a year later than a tentative purchase plan outlined two years ago.


     

  • Emirates' Clark says Rolls-Royce needs to sort itself out after engine delays      Fri, 22 Nov 2019 09:46:57 -0500

    Emirates' Clark says Rolls-Royce needs to sort itself out after engine delaysThe board of Rolls-Royce must urgently address its engine performance problems, the head of Dubai's Emirates said, as the world's largest buyer of wide-body jets weighs up who will power its order of Boeing 787 jets. Emirates [EMIRA.UL] agreed to buy its first 787 Dreamliners in a last-minute, $9 billion deal at the Dubai Airshow on Wednesday, without specifying what engine would power it, while reducing its order for the U.S. planemaker's delayed 777X model. The 787s, which can take either Rolls or rival GE Aviation's GEnx engines, will be delivered to Emirates in 2023, a year later than a tentative purchase plan outlined two years ago.


    Emirates' Clark says Rolls-Royce needs to sort itself out after engine delaysThe board of Rolls-Royce must urgently address its engine performance problems, the head of Dubai's Emirates said, as the world's largest buyer of wide-body jets weighs up who will power its order of Boeing 787 jets. Emirates [EMIRA.UL] agreed to buy its first 787 Dreamliners in a last-minute, $9 billion deal at the Dubai Airshow on Wednesday, without specifying what engine would power it, while reducing its order for the U.S. planemaker's delayed 777X model. The 787s, which can take either Rolls or rival GE Aviation's GEnx engines, will be delivered to Emirates in 2023, a year later than a tentative purchase plan outlined two years ago.


     

  • Florida school built on top of predominantly black cemetery where 145 graves were found      Fri, 22 Nov 2019 09:46:09 -0500

    Florida school built on top of predominantly black cemetery where 145 graves were foundSchool officials at C. Leon King High School in Hillsborough County, Florida, said they believe they have found Ridgewood Cemetery on their grounds.


    Florida school built on top of predominantly black cemetery where 145 graves were foundSchool officials at C. Leon King High School in Hillsborough County, Florida, said they believe they have found Ridgewood Cemetery on their grounds.


     

  • The Zacks Analyst Blog Highlights: ExxonMobil, ConocoPhillips, Valero Energy, Marathon Petroleum and Phillips 66      Fri, 22 Nov 2019 09:46:02 -0500

    The Zacks Analyst Blog Highlights: ExxonMobil, ConocoPhillips, Valero Energy, Marathon Petroleum and Phillips 66The Zacks Analyst Blog Highlights: ExxonMobil, ConocoPhillips, Valero Energy, Marathon Petroleum and Phillips 66


    The Zacks Analyst Blog Highlights: ExxonMobil, ConocoPhillips, Valero Energy, Marathon Petroleum and Phillips 66The Zacks Analyst Blog Highlights: ExxonMobil, ConocoPhillips, Valero Energy, Marathon Petroleum and Phillips 66


     

  • We're Keeping An Eye On Helix Applications's (CVE:HELX) Cash Burn Rate      Fri, 22 Nov 2019 09:45:59 -0500

    We're Keeping An Eye On Helix Applications's (CVE:HELX) Cash Burn RateThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...


    We're Keeping An Eye On Helix Applications's (CVE:HELX) Cash Burn RateThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...


     

  • Tesla Cybertruck design stuns: 'Eccentric,' 'eye-popping' or 'weird' 'piece of junk'?      Fri, 22 Nov 2019 09:45:03 -0500

    Tesla Cybertruck design stuns: 'Eccentric,' 'eye-popping' or 'weird' 'piece of junk'?Tesla CEO Elon Musk rolled out what can only be described as one of the most stunning reveals in recent automotive history on Thursday night.


    Tesla Cybertruck design stuns: 'Eccentric,' 'eye-popping' or 'weird' 'piece of junk'?Tesla CEO Elon Musk rolled out what can only be described as one of the most stunning reveals in recent automotive history on Thursday night.


     

  • Biogen Ends Enrollment in Eye Disorder Study on Gene Therapy      Fri, 22 Nov 2019 09:45:02 -0500

    Biogen Ends Enrollment in Eye Disorder Study on Gene TherapyBiogen (BIIB) completes enrollment in the global phase III STAR clinical study evaluating the gene therapy timrepigene emparvovec for the treatment of a rare, inherited retinal disorder.


    Biogen Ends Enrollment in Eye Disorder Study on Gene TherapyBiogen (BIIB) completes enrollment in the global phase III STAR clinical study evaluating the gene therapy timrepigene emparvovec for the treatment of a rare, inherited retinal disorder.


     

  • Tesla debuts futuristic new electric pickup Cybertruck to applause and derision      Fri, 22 Nov 2019 09:45:00 -0500

    Tesla debuts futuristic new electric pickup Cybertruck to applause and derisionTesla debuts futuristic new electric pickup Cybertruck to applause and derision originally appeared on abcnews.go.comIt looks a little like a Mars rover, or a stainless steel triangle on wheels.But it is definitely like no other pickup truck you’ve seen before. And it lit up social media late Thursday during its unveiling with some deriding it as ugly -- and others loving its futuristic style. ...


    Tesla debuts futuristic new electric pickup Cybertruck to applause and derisionTesla debuts futuristic new electric pickup Cybertruck to applause and derision originally appeared on abcnews.go.comIt looks a little like a Mars rover, or a stainless steel triangle on wheels.But it is definitely like no other pickup truck you’ve seen before. And it lit up social media late Thursday during its unveiling with some deriding it as ugly -- and others loving its futuristic style. ...


     



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