Investing

Harley-Davidson shares dropped as much as 2.3 percent Friday after the company said a trade war with Europe would “significantly” hurt motorcycle sales. President Donald Trump imposed a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports, affecting the motorcycle company’s manufacturing costs. In response, the European Union told the
0 Comments
Still, Tesla executives, among other industry analysts, are generally optimistic about the company’s future. “To ensure that Tesla is well prepared for the future, we have been undertaking a thorough reorganization of our company,” Musk wrote in a statement to employees. “As part of the reorg, we are flattening the management structure to improve communication,
0 Comments
Dunkin’ Brands Chairman and CEO Nigel Travis is defending the doughnut maker’s “asset-light model,” which short-seller Jim Chanos cited as a reason he’s betting against the stock. “Since he made that prediction our stock has gone up,” Travis said on CNBC on Friday. Chanos revealed on CNBC his Dunkin’ short on April 26. Since then,
0 Comments
Shares in Dialog Semiconductor fell by 17 percent on Friday to a four-year low after the Anglo-German chipmaker said its main customer Apple would cut orders for its power-management chips by around 30 percent this year. The news also hit other European semiconductor stocks in Apple’s smartphone supply chain at the open before they recovered
0 Comments
Fabian Bimmer | Reuters Workers of German steel manufacturer Salzgitter AG stand in front of a furnace at a plant in Salzgitter, Germany, March 1, 2018. Digital infrastructure and digital inclusion, O’Reilly added, will be core to providing those in rural and underprivileged areas access to better tools for education, financial literacy, and business opportunities.
0 Comments
Mohamed El-Erian sees a world one day that eschews paper money in favor of digital payments that could include government-issued cryptocurrency. “Is there a role for cryptocurrency in the future? Yes, but critically, officially sanctioned, that’s very different,” the chief economic advisor at Allianz told CNBC on Tuesday. “Officially sanctioned” could take the form of
0 Comments
Check out the companies making headlines before the bell: Foot Locker – The athletic apparel and footwear retailer reported adjusted quarterly profit of $1.45 per share, 20 cents a share above estimates. Revenue also beat forecasts, but comparable-store sales fell by 2.8 percent — that was smaller than the Thomson Reuters consensus estimate of a
0 Comments
“We believe PayPal is well-positioned to benefit from eCommerce growth and the digitization of payments and is broadening its leadership position through its global scale and controlling the end-to-end experience. PayPal is still in the early stages of its transformation from a button/online checkout company to a global payments platform with a sizable addressable market
0 Comments
Yellow gold jewelry sales have risen about 30 percent this year. For the last 15 years, white gold, silver, and platinum have been the metals of choice for jewelry and couples tying the knot, jewelers said. Over the last few years, rose gold has become a favorite, while yellow gold was considered outdated. Borochov said
0 Comments
President Donald Trump’s decision Thursday to cancel the Singapore summit with North Korea‘s leader sent the price of gold higher as global investors sought safety. Bridgewater Associates founder Ray Dalio shared a specific game plan last year during a time period of rising tensions between the U.S. and North Korea. The investor recommended gold as
0 Comments