• Trade war pause, retail sales, bank earnings – What to know in the week ahead
    Yahoo Finance

    Trade war pause, retail sales, bank earnings – What to know in the week ahead

    The coming week’s docket of economic reports and earnings releases comes just following the Trump administration’s announcement of a partial trade deal with China late last week.

  • Delta Air Lines, Inc. (NYSE:DAL) Is Yielding 3.0% - But Is It A Buy?
    Simply Wall St.

    Delta Air Lines, Inc. (NYSE:DAL) Is Yielding 3.0% - But Is It A Buy?

    Could Delta Air Lines, Inc. (NYSE:DAL) be an attractive dividend share to own for the long haul? Investors are often...

  • Nvidia Leads 5 Top Stocks Near Buy Points With China Trade Deal In Focus
    Investor's Business Daily

    Nvidia Leads 5 Top Stocks Near Buy Points With China Trade Deal In Focus

    Nvidia, Texas Instruments, Dollar General, Proofpoint and TJX are among top stocks clearing buy points Friday amid positive China trade deal headlines.

  • Financial Times

    Brexit, US third-quarter earnings, Chinese economic data

    This will be a key week for Brexit because Boris Johnson will need to ask Brussels for an extension on the UK’s withdrawal from the EU under the terms of the Benn Act if parliament has not approved either a deal or no-deal exit by Saturday. The European Council meets in Brussels on Thursday and Friday, where any deal reached will need to be signed off. Mr Johnson’s team is believed to be drawing up plans to fudge the most controversial issue dogging negotiations with Brussels: whether Northern Ireland should be part of the EU customs union to avoid the need for a hard border with the Irish Republic.

  • Is Franklin Resources, Inc. (BEN) A Good Stock To Buy?
    Insider Monkey

    Is Franklin Resources, Inc. (BEN) A Good Stock To Buy?

    Is Franklin Resources, Inc. (NYSE:BEN) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after […]

  • Hedge Funds Aren’t Crazy About C.H. Robinson Worldwide, Inc. (CHRW) Anymore
    Insider Monkey

    Hedge Funds Aren’t Crazy About C.H. Robinson Worldwide, Inc. (CHRW) Anymore

    World-class money managers like Ken Griffin and Barry Rosenstein only invest their wealthy clients' money after undertaking a rigorous examination of any potential stock. They are particularly successful in this regard when it comes to small-cap stocks, which their peerless research gives them a big information advantage on when it comes to judging their worth. […]

  • Did Hedge Funds Drop The Ball On Brown & Brown, Inc. (BRO)?
    Insider Monkey

    Did Hedge Funds Drop The Ball On Brown & Brown, Inc. (BRO)?

    Billionaire hedge fund managers such as David Abrams, Steve Cohen and Stan Druckenmiller can generate millions or even billions of dollars every year by pinning down high-potential small-cap stocks and pouring cash into these candidates. Small-cap stocks are overlooked by most investors, brokerage houses, and financial services hubs, while the nearly unlimited research abilities of […]

  • Hedge Funds Are Selling Huntington Ingalls Industries Inc (HII)
    Insider Monkey

    Hedge Funds Are Selling Huntington Ingalls Industries Inc (HII)

    We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always […]

  • Should You Avoid PerkinElmer, Inc. (PKI)?
    Insider Monkey

    Should You Avoid PerkinElmer, Inc. (PKI)?

    Billionaire hedge fund managers such as David Abrams, Steve Cohen and Stan Druckenmiller can generate millions or even billions of dollars every year by pinning down high-potential small-cap stocks and pouring cash into these candidates. Small-cap stocks are overlooked by most investors, brokerage houses, and financial services hubs, while the nearly unlimited research abilities of […]

  • Financial Times

    Giuliani says he is unaware of probe into his Ukraine activities

    Rudy Giuliani, the personal lawyer to US President Donald Trump whose role in the Ukrainegate scandal is under intense scrutiny, on Friday said he was unaware of any investigation into his Ukraine-related activities by prosecutors in New York. The New York Times reported late on Friday that federal prosecutors in Manhattan had opened an investigation into whether Mr Giuliani, a former New York mayor, had violated lobbying-related laws with his efforts to oust the former US ambassador to Ukraine. “I have no such knowledge of Manhattan prosecutors investigating me,” Mr Giuliani told the Financial Times when asked about the New York Times story.

  • Stocks Open Higher and Don't Look Back
    Investopedia

    Stocks Open Higher and Don't Look Back

    The airline sector may have a tailwind heading into earnings, with Spirit Airlines setting up for an earnings surprise.

  • Texas Instruments (TXN) Outpaces Stock Market Gains: What You Should Know
    Zacks

    Texas Instruments (TXN) Outpaces Stock Market Gains: What You Should Know

    Texas Instruments (TXN) closed at $129.97 in the latest trading session, marking a +1.75% move from the prior day.

  • With Puppy Parties and Movies, Life Goes on for WeWork Tenants
    Bloomberg

    With Puppy Parties and Movies, Life Goes on for WeWork Tenants

    (Bloomberg) -- Uptown, “Mean Girls” was looping. Downtown, puppies were frolicking.Across Manhattan and out into Brooklyn, kombucha was flowing.For all the troubles at WeWork – its grandiose plans gone astray, a hoped-for rescue possibly underway -- the mood inside its New York office spaces is surprisingly upbeat.We Co., as the co-working giant is now known, may look like the omnishambles of the unicorn generation of startups. But for now, at least, many of its tenants hardly seem to care. In fact, the reaction from more than 20 people who spoke with Bloomberg this week was a shrug that said, “Not our problem.”The mood was presumably less sanguine at JPMorgan Chase & Co., which on Friday was said to be leading efforts to arrange $5 billion in financing to keep We afloat. Time is short. Without help, We could run out of money by late November.The financing could start to come together as early as next week, but it may take longer for its structure and terms to be finalized, according to people familiar with the matter who asked not to be named because the talks are private.Withdrawn IPOWe was one of the year’s most hotly anticipated initial public offerings before doubts about valuations and transparency ended with the IPO’s withdrawal and the company’s top executive losing his job. The fast-growing, money-losing startup had been counting on a stock listing -- and a $6 billion loan contingent on a successful IPO -- to meet its cash needs.Now it will pay considerably more to borrow. One option that’s been floated is raising $3 billion or more of the debt package through the sale of high-yield bonds, some of the people said. Those would likely be priced at a premium to the yield commanded by WeWork’s outstanding bonds, which were issued with a 7.875% coupon and offer a yield of around 10%, some of the people said.SoftBank Group Corp., the largest shareholder in WeWork, is currently in advanced talks to acquire more shares at a significantly lower valuation than the $47 billion WeWork had in January, said two people familiar with those discussions.Spokeswomen for JPMorgan and WeWork declined to comment.WeWork’s bonds, which traded above par less than a month ago, have plunged into distressed levels since then, dropping more than 20 cents on the dollar amid mounting concerns about the company’s cash situation before regaining almost half of that decline amid news of the debt talks. Fitch Ratings and S&P Global Ratings have cut WeWork’s credit grade further into junk on liquidity issues.Financial FalloutThe potential financial fallout could be huge. JPMorgan has loans out to the company and its founder, while SoftBank has watched its investment plummet in value. But the implications for New York real estate are worrisome too. We became Manhattan’s biggest office lease holder, with more than 7 million square feet, partly because it was sometimes willing to pay above-market rents.Since We’s brash co-founder, Adam Neumann, abruptly stepped down last month, the company has drastically reversed its growth-at-all-costs strategy. It’s moved to sell Neumann’s luxurious Gulfstream G650 and shed other assets and headcount.The company’s new co-chief executive officers have been moving to slash costs and spin off businesses in the past two weeks in an effort to slow its cash bleed. Analysts had previously estimated that the company would run out of money by the middle of next year.In Manhattan’s financial district, We member Brianna Rowe, who has been there for four years, said the WeWork space was one of the perks of her job working for a nonprofit.“It was just so cool, it was unlike anything I had ever really experienced before,” she said.Blessing, CurseNathan Lee Colkitt, who’s been renting We space for his architectural firm since 2010, said that as long as the place is kept up, he’s happy to stay put. We’s big selling point – flexibility -- has turned out to be a blessing for him, if a curse for WeWork.“The very same thing that made them successful gives you the ability to jump at any month,” Colkitt says. “So that’s sort of ironic or coincidental.”Rarely has so much gone so wrong so fast for a young company in the spotlight. We has raised more than $12 billion since its founding and never turned a nickel of profit. Now, its very future is in doubt. We’s travails are bound to shape investors’ views of other fast-growing startups hoping to go public.From Midtown down to Gramercy Park, WeWork members said that for them, it was business as usual. At offices at 750 Lexington Ave., “Mean Girls,” the Lindsay Lohan comedy, was playing over and over on Oct. 3, known as “Mean Girls Day.” A puppy party broke out at 33 Irving Pl., with happy hour to follow, while the spaces at 880 Third Ave. featured a macaroni-and-cheese bar and massages.For WeWork’s tenants, the financing negotiations and the scramble to cut costs went largely unnoticed or remarked upon.Robert Snow, another We member, summed up the view: “As far as I can tell, it’s the same as it’s always been.”\--With assistance from Natalie Wong and Davide Scigliuzzo.To contact the reporters on this story: Gwen Everett in New York at geverett10@bloomberg.net;Gillian Tan in New York at gtan129@bloomberg.net;Michelle F. Davis in New York at mdavis194@bloomberg.netTo contact the editors responsible for this story: Rob Urban at robprag@bloomberg.net, Dan ReichlFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Dow Jones Rallies On China Trade Deal; Apple Stock, Boeing 737 Max Woes, Delta Earnings In Focus: Weekly Review
    Investor's Business Daily

    Dow Jones Rallies On China Trade Deal; Apple Stock, Boeing 737 Max Woes, Delta Earnings In Focus: Weekly Review

    The Dow Jones rallied on China trade deal hopes as Apple stock hit a new high. Boeing 737 Max setbacks and Delta earnings guidance were in focus.

  • These Hedge Funds Sold Out Of Hartford Financial Services Group, Inc. (HIG) Too Early
    Insider Monkey

    These Hedge Funds Sold Out Of Hartford Financial Services Group, Inc. (HIG) Too Early

    We can judge whether The Hartford Financial Services Group, Inc. (NYSE:HIG) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There's no better way to get these firms' immense resources and analytical capabilities working for us than to follow their lead […]

  • Scott Black's New Buys for the 3rd Quarter
    GuruFocus.com

    Scott Black's New Buys for the 3rd Quarter

    Delphi Management leader invests in some newer stocks Continue reading...

  • American City Business Journals

    Former U.S. Bank employee alleges in lawsuit that bank switched law firms due to 'fraudulent' relationship

    A former U.S. Bancorp employee claims he was fired for reporting that the bank switched law firms due to a "fraudulent" relationship between a bank executive and a now criminally convicted former attorney at a law firm that did work for the bank.

  • By the numbers: How cheap flights have changed the game at RDU
    American City Business Journals

    By the numbers: How cheap flights have changed the game at RDU

    Top brass at Raleigh-Durham International Airport’s largest airline by passenger count aren't worried about its fastest-growing RDU competitor – at least not according to CEO Ed Bastian.

  • Top Research Reports for Toyota, Amgen & TJX
    Zacks

    Top Research Reports for Toyota, Amgen & TJX

    Top Research Reports for Toyota, Amgen & TJX

  • Benzinga

    A Look At Benzinga Pro's Most-Searched Tickers For October 11, 2019

    This most-searched list is a feature included in Benzinga Pro's Newsfeed tool. It highlights stocks frequently searched by Benzinga Pro users on the platform. Roku (NASDAQ: ROKU ) shares were up 5.5% to ...

  • Airlines Poised As A Buy Following Delta's Earnings Release
    Zacks

    Airlines Poised As A Buy Following Delta's Earnings Release

    Historically, the fourth quarter produces the strongest returns for airline stocks with an average gain of 8% since 1990.

  • Barrons.com

    Delta Stock Is No Longer a ‘Buy’ as Costs Raise Concerns, Analyst Says

    Delta has been one of the stronger-performing airlines this year—the group as a whole has lagged behind the broader market—but the stock took a hit from the earnings report. Its outlook added to concern that an economic downturn could crimp airline profits—not what investors wanted to hear. On Friday, Argus analyst John Staszak lowered his rating on Delta to Hold from Buy, writing that while the third quarter was a strong one for Delta, clouds are massing that could keep the shares in check.

  • Executive Profile: Meet the Atlanta CEO who's gelato is served on some Delta flights
    American City Business Journals

    Executive Profile: Meet the Atlanta CEO who's gelato is served on some Delta flights

    Wes Jones says he's made more than 350 different flavors at Honeysuckle Gelato, including single-malt scotch and chicken liver pate.

  • Benzinga

    Delta's Mixed Earnings: CEO, Analysts Speak Up

    Delta Air Lines, Inc. (NYSE: DAL ) shares took a hit Thursday following the company’s third-quarter earnings report . Despite beating consensus earnings numbers in the third quarter, Delta’s fourth-quarter ...