Another fatal crash involving a Tesla Inc. electric car is under scrutiny following Chief Executive Officer Elon Musk’s latest lashing-out over media coverage of his electric-car maker.
Police in southern Switzerland are investigating the death of a German man whose Tesla crashed into a guardrail and burst into flames last week, the Associated Press reported Tuesday. Bloomberg News....More>>>
Currencies, commodities, different stock sectors, and bonds… For the last few days, they've been all over the place. Investors and traders are digesting the news. They're trying to figure out what "President Trump" means for the world. They're trying to figure out where their money is safest… and where they'll make the biggest profits. Today,....More>>>
For years, Toys “R” Us was an American success story.
Now the discount toy retailer is in its final chapter. The company filed for bankruptcy in September. On Wednesday, Toys “R” Us told employees that it would close or sell all its stores in the United States.
It’s an ignominious end for the company that was once the toy industry’s powerhouse.....More>>>
General Electric (NYSE:GE) is one of the most outstanding dividend plays out there. Not only has the company paid out a dividend for more than 100 uninterrupted years, it has also grown that dividend in most years. GE’s current yield of 3% is considerably higher than the Dow Jones Industrial Average (INDX:INDU) average yield of 2.76%.
Anything that would threaten that dividend is, therefore,....More>>>
It’s been a busy week for the folks at Patriot One Technologies (OTCQB: PTOTF) (TSX VENURE: PAT.V), and the way the stock is moving this morning, it doesn’t look like anyone is going to be leaving early today to get a jump on the weekend, either. On Tuesday of this week Patriot One announced a big bump in sales over the past three months of their award winning PATSCAN....More>>>
Investors and the public still seem to be enthralled by Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A). Many of those same people still know Bill Gates as well. Many people forget about the close ties between the two billionaires. A filing with the Securities andExchange Commission (SEC) on Monday should only serve to remind how deep the ties between Gates and Buffett go.
When gene sequencer giant Illumina (NASDAQ:ILMN) rolled out plans last month to replace the high-performance models of its instruments with a whole new lineup, the market cheered, and the stock rose 17% in a single day. But, revelations in the Q4 earnings report and conference call hint at some challenges the company will face in 2017. The new products are exactly what the company needs on the road....More>>>
Flour (FLR) suffered the biggest drop in the S&P 500 today after missing earnings forecasts and cutting its full year guidance.
Shares of Fluor dropped 14% to $44.80 today, while the S&P 500 dipped 0.2% to 2,085.18.
MKM Partners’ Daniel Scott explains what happened:
Fluor reported 3Q16 earnings of $0.03/share, including a big charge.Fluor....More>>>
Image source: Twitter, copyright Aaron Durand (@everydaydude) for Twitter, Inc.
When Twitter (NYSE:TWTR) released its third-quarter earnings results, it announced plans to lay off 9% of its workforce. The move was part of an effort to become profitable in 2017. Twitter lost $103 million in the third quarter and $290 million through the first nine months of the year.