United Technologies CEO Announces $23 Billion Rockwell Deal “Is Not a Job Cuts Story”
For those interested in aerospace & defense investing, pay close attention to the following. On Tuesday, September 5, United Technologies (NYSE:$UTX) CEO Greg Hayes disclosed that the deal to acquire Rockwell Collins (NYSE:$COL) “is not ... [Read]
Jeff Sessions Announces the Termination of the DACA Program
It’s official: President Donald Trump has made the decision to end the DACA program, is the Obama-era initiative that protects hundreds of thousands of people who entered the United States of America illegally as children. ... [Read]
North Korea Tensions Weigh On Wall St.
On Sunday, September 3rd, North Korea conducted its sixth test of a supposed advanced hydrogen bomb for a long-range missile. As of late Tuesday morning, U.S. stocks were drastically lower, with the Dow Jones Industrial ... [Read]
Fitbit Inc. Stock Jumped 17% in August
Despite shares residing in deep negative territory so far in 2017, Fitbit (NYSE:$FIT) shares jumped 17% in the past month. Fitbit’s August bounce was undeniably sparked by an encouraging second-quarter earnings report released early in ... [Read]
How Much of The Strategic Petroleum Reserve Oil Release Is Actually Ours?
In the wake of Hurricane Harvey, U.S. Energy Secretary Rick Perry authorized an emergency release of oil from the nation’s Strategic Petroleum Research on Thursday, in an effort to mitigate gasoline shortages. But how much ... [Read]
Alphabet Inc. Announces New Company: XXVI
Google’s parent company Alphabet Inc. (NASDAQ:$GOOGL) announced Friday that it is in fact forming a new company called XXVI Holdings Inc. The purpose? To finalize the search giant’s transformation into a corporate conglomerate with units across a ... [Read]
Warren Buffett is Now the Largest Shareholder of Two Massive American Banks
Ironically, the MVP of the banking industry is not a banker—Warren Buffett, chairman and CEO of Berkshire Hathaway (NYSE:$BRK-A) is now the largest shareholder in Wells Fargo (NYSE:$WFC) and Bank of America (NYSE:$BOA). Buffet solidified ... [Read]
The Battle Of Electric Vehicles: Tesla, Nissan, and General Motors
Next week, Nissan Motor Co. Ltd. (OTCMKTS:$NSANY) will launch its redesigned Leaf, undoubtedly drawing comparisons to its competitors in the production of electric vehicles, Tesla Inc. (NASDAQ:$TSLA) and General Motors Co. (NASDAQ:$GM). The Leaf is ... [Read]
8 Reasons Why Apple’s iPhone 8 is a Milestone
The speculation is finally over. Apple Inc. (NASDAQ:$AAPL) has officially sent out the media invites for its annual fall product event on Sept. 12th in Cupertino. The event will almost definitely follow its regular iPhone product ... [Read]
Hewlett Packard Raises Concern Over Micro Focus Spin-Off
Hewlett Packard Enterprise (NASDAQ:$HPE) saw a spin-off with Micro Focus International (LON:$MCRO), consequently raising concerns over reported inversion regulations. These regulations were set by the IRS (Internal Revenue Service) back in 2016. According to a ... [Read]