Heads-up News 

Tokyo Trading Session Heads Up Monday, February 11, 2019

Tokyo opening news digest

Choosing The Best Mutual Fund Managers Available To You

Last week, I made available a list of 199 mutual fund managers who had outperformed both the S&P 500 and their category benchmark for the past 10 years. Since then, I’ve been getting lots of questions from readers. Here are the top three questions and answers.

 

After An Impressive Performance In 2018, Can CLF Manage To Cash In On Vale’s Operational Issues?

Cleveland-Cliffs Inc. (NYSE: CLF) announced its Q4 2018 results on February 8, 2019 followed by a conference call with analysts. The company’s earnings were way above market expectations. CLF reported revenue of $696.3 million in Q4 2018, 36% higher than $511.8 million in Q4 2017, driven by a 21%…

 

IQOS Drives Philip Morris’ Growth In 2018; Outlook Remains Bright

Philip Morris International (NYSE: PM), manufacturer of cigarettes and other nicotine containing products including reduced-risk products, announced its Q4 2018 results on February 7, 2019 followed by a conference call with analysts. The company beat market expectations by posting revenue of …

 

WTI: US-China trade talks and greenback strength challenged supply-cut

Crude began Tuesday’s trading near $52.30 as doubts over US-China trade-deal continued flashing worries over future energy demand. Adding to the WTI w

 

NZD/USD Technical Analysis: 0.6700 back in focus now

NZD/USD daily chart

The NZD/USD pair trades around 0.6730 at the start of Tuesday’s Asian trading.
The 100-day simple moving average (SMA) near 0.

 

Wall Street closed mixed, DJIA bucks the trend again

Stocks were mixed on Monday with a foggy outlook with respect to lowe level talks that got underway in Beijing today. Treasury Secretary Steven Mnuchi

 

US Dollar Index Technical Analysis: DXY breaks to a new 2019 high

DXY daily chart

The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages (SMAs). 
DXY has reached a new 2019 hig

 

Gold: Stronger USD pushes the bullion to $1308, the first daily negative in three

Gold prices traded around $1308 near to the end of Monday that’s on the road to register the first negative daily closing in the previous three. The m

 

New Zealand: Retail card spending rises 1.8% in January vs 1.4% expected

“When adjusted for seasonal effects, overall retail spending rose 1.8 percent in January, after a 2.3 percent fall in December,” Stats NZ reported.

K

 

AUD/USD steadies near 0.7060 ahead of housing data

After losing more than 100 pips in the previous week, the AUD/USD pair started the new week under pressure and dropped to its lowest level since early

 

New Zealand Electronic Card Retail Sales (YoY) increased to 3.5% in January from previous 0.6%

New Zealand Electronic Card Retail Sales (YoY) increased to 3.5% in January from previous 0.6%

 




New Zealand Electronic Card Retail Sales (MoM) registered at 1.8% above expectations (1.4%) in January

New Zealand Electronic Card Retail Sales (MoM) registered at 1.8% above expectations (1.4%) in January

 

Amazon is acquiring Wi-Fi router company Eero, which helps blanket your entire home with a strong wireless-internet signal

Amazon and Eero announced the acquisition on Monday.

 

Facebook and Twitter are following in Apple’s footsteps by hiding some of their most important numbers. Here’s why investors should be concerned

Apple, Facebook, and Twitter each announced that they will stop reporting certain figures to investors. That’s not a good sign.

 

Livent stock down 10% on company’s sales miss, headwinds in China

Livent Corp. LTHM, +3.55% shares tanked 10% in the extended session Monday after the lithium producer reported fourth-quarter sales below expectations

 

Aurora Cannabis earnings claim it sold about a fifth of Canada’s legal pot in opening quarter

Aurora Cannabis Inc. ACB, -5.53% ACB, -4.52% sold about one-fifth of Canada’s recreational marijuana in the first quarter of legal availability, the c

 

Colgate appoints Noel Wallace its new CEO

Colgate-Palmolive Co. CL, +0.15% said late Monday that Noel Wallace has been elected the company’s president and chief executive officer, effective Ap

 

SEC’s Clayton says agency right not to rule on Johnson & Johnson shareholder proposal concerning mandatory arbitration

Securities and Exchange Commission Chairman Jay Clayton on Monday backed a “no-action” letter sent to Johnson & Johnson Co. JNJ, -0.30% that allowed t

 

Multi-Color Corp. stock down 14% after earnings miss; board ‘exploring alternatives’

Shares of Multi-Color Corp. LABL, +0.95% fell 14% in the extended session Monday after the label-making company reported fiscal third-quarter results

 

Amazon.com to buy Eero for an undisclosed amount

Amazon.com Inc. AMZN, +0.18% said late Monday it has agreed to buy Eero, a home mesh wi-fi system maker. Terms of the deal were not disclosed. “We are

 

Mimecast stock rallies as earnings, outlook top Street view

Mimecast Ltd. MIME, +0.97% shares rose in the extended session Monday after the cybersecurity company’s quarterly results and forecast topped Wall Str

 

Gilead stock down nearly 4% as drug trial fizzles

Gilead Sciences Inc. GILD, +0.22% shares fell 4% in the extended session Monday after the pharma company said a late-stage, placebo-controlled study d

 

Cheer Up

Adage:

How to survive a stock market crash — Form a new political party and promise to eliminate corporate taxes once and for all. The corporate donations should make up for your stock losses and then some.

Cartoon:


Image courtesy: www.profitf.com

Have a nice trading!




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