StockMarketNews.Today – Stock investors are welcoming money-losing companies into the public markets this year with open arms.
StockMarketNews.Today – U.S. futures and the Canadian dollar pushed higher at the start of the final quarter after the U.S. and Canada reached a last-minute deal late Sunday night to revise the North American Free Trade Agreement.
Boeing should move forward with its planned new mid-sized aircraft (NMA) soon, argues Morgan Stanley, even if it elevates near-term risk.
StockMarketNews.Today – A new smaller offering would make Boeing more competitive and better positioned in the long run, says Morgan Stanley.
StockMarketNews.Today – While the weak debut is disappointing for the bank, it also poses a challenge for Hong Kong Exchanges & Clearing Ltd., which has positioned itself as the international gateway to China’s markets. While Meituan jumped on its first trading day this month, IPOs such as Xiaomi and China Renaissance have represented a more typical pattern this year, with newly listed stocks falling 6.7 percent on a weighted-average basis.
Facebook News: Facebook disclosed a widespread security flaw that could have allowed hackers or other malicious third parties to access an affected user’s account by gleaning their security token.
StockMarketNews.Today – The flaw affected as many as 50 million people, and Facebook says it’s forcibly making around 90 million users log back into their accounts in full today to be safe. The company says around 40 million additional people simply used the exploitable feature since the exploit was active.
China is being forced to retaliate against the United States in their trade dispute, and U.S. exporters including suppliers of liquefied natural gas would “certainly” be hurt, said Chinese vice commerce minister Wang Shouwen.
StockMarketNews.Today – The United States and China imposed fresh tariffs on each other’s goods on Monday as the world’s two biggest economies showed no signs of backing down from an increasingly bitter trade dispute that is expected to hit global economic growth.
7 Defensive Top Stocks That Are Crushing The Market > There’s been a dramatic shift in investor behavior recently, vaulting defensive sectors such as telecom and consumer staples into market leaders.
StockMarketNews.Today – Defensive sectors such as telecom and consumer staples are generally considered to be safe havens for investors, partly given their track records of steadily rising dividends
StockMarketNews.Today – Report by the Wall Street Journal that China had canceled mid-level trade talks with the United States, as well as a proposed visit to Washington by vice premier Liu He originally scheduled for next week.
Farfetch priced its shares above its targeted range on Friday in a New York flotation that values the online luxury retailer at over $5.8 billion and underscores how big a bet web sales have become for high-end brands.
StockMarketNews.Today – London-based Farfetch – a 10-year-old site that connects shoppers to hundreds of boutiques and fashion labels but carries no inventory – is one of a clutch of rapidly-expanding multi-brand platforms that got an early foothold in the market.
Nestle put its skin health unit up for sale on Thursday, as the maker of Nescafe and Perrier water ditches underperforming businesses and seeks to fend off criticism from an activist investor demanding an overhaul.
StockMarketNews.Today – The Switzerland-based company is under pressure from Third Point, a hedge fund run by investor Daniel Loeb, who has demanded bolder moves to lift performance.