Monday, 6 May 2019

Daily Investor Update: U.S. lawmakers criticize potential Facebook settlement with FTC

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U.S. lawmakers criticize potential Facebook settlement with FTC

Two U.S. senators on Monday criticized reported plans for a Federal Trade Commission settlement with Facebook Inc for misuse of consumers' personal data, saying that top officials, potentially including founder Mark Zuckerberg, must be held personally responsible.

Trump tariff threat leaves U.S.-China talks in limbo as markets fall

U.S. President Donald Trump's escalation of a trade war with China left plans in limbo on Monday for high-level negotiations later this week to end the dispute.

Explainer: Who pays Trump's tariffs, China or U.S. customers and companies?

U.S. President Donald Trump says China pays the tariffs he has imposed on $250 billion of Chinese exports to the United States but that is not exactly the way tariffs work.

Wall St. lower from Trump's China tariff threat but recovers some losses

U.S. stocks posted broad-based declines on Monday after President Donald Trump's threat to raise tariffs on Chinese goods reignited fears of a global economic slowdown, though the major indexes pared losses in afternoon trading as energy shares rose.

Tyson Foods expects to profit from hog fever in China, warns it may hit U.S.

U.S. meat processor Tyson Foods Inc said on Monday that it could reap significant financial gains from an incurable hog disease that is spreading rapidly across Asia and expected to lift global pork prices.

Greenlight's David Einhorn pitches long on AerCap, short on GATX at Sohn Conference

David Einhorn, president of Greenlight Capital, at the Sohn Investment Conference on Monday said his firm is positive on airplane leasing company AerCap Holdings and negative on railcar leasing company GATX Corp.

Healthcare, bullish bets dominate hedge-fund Sohn Investment Conference picks

Big-name hedge fund managers, including David Einhorn and Larry Robbins, pitched stock ideas ranging from airplane lessors to biotech companies that are working to extend the human lifespan at the Sohn Investment Conference in New York on Monday.

Oil bounces up on Iran concern after touching one-month low on trade tensions

Oil futures edged higher in volatile trade on Monday as rising tensions between the United States and Iran buoyed prices after they touched a one-month low following U.S. President Donald Trump's threat that he may raise tariffs on Chinese goods.

Global stocks, yields fall as investors seek safety after Trump's China tariff threats

Stocks around the world slid on Monday, along with bond yields, after U.S. President Donald Trump threatened to raise tariffs on China, triggering an investor exodus from risky assets.

Starbucks' China rival Luckin seeks to raise up to $586.5 million in IPO

Luckin Coffee Inc, the Chinese challenger to Starbucks Corp, is looking to raise up to $586.5 million, its filing with the U.S. Securities and Exchange Commission on Monday showed.

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