Tokyo opening news digest
|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.|
|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%…|
|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 …|
|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 daily chart
The NZD/USD pair trades around 0.6730 at the start of Tuesday’s Asian trading.
|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|
|DXY daily chart
The US Dollar Index (DXY) is trading in a bull trend above its main simple moving averages (SMAs).
|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|
|“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.
|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 (MoM) registered at 1.8% above expectations (1.4%) in January|
|Amazon and Eero announced the acquisition on Monday.|
|Apple, Facebook, and Twitter each announced that they will stop reporting certain figures to investors. That’s not a good sign.|
|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 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-Palmolive Co. CL, +0.15% said late Monday that Noel Wallace has been elected the company’s president and chief executive officer, effective Ap|
|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|
|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 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 Ltd. MIME, +0.97% shares rose in the extended session Monday after the cybersecurity company’s quarterly results and forecast topped Wall Str|
|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|
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.
Image courtesy: www.profitf.com
Have a nice trading!