by Jamie Johnson | Aug 29, 2019 | Markets
PMI and Altria broke up in 2008 but think a new merger could strengthen both companies. On Tuesday, Philip Morris International (PMI) and Altria announced they are considering a potential merger. The companies didn’t disclose what kind of stake they would hold in the...
by Dorian Holden | Aug 29, 2019 | Markets
Hurricane Dorian will menace Florida in just days. In fact, according to the U.S. National Hurricane Center, the storm is expected to grow into a potential Category 3 hurricane before hitting between the Florida Keys and southern Georgia. And if you’re in...
by Dorian Holden | Aug 29, 2019 | Markets
China may have just blinked. In fact, just days before new tariffs, they hinted they would not retaliate. “We firmly reject an escalation of the trade war, and are willing to negotiate and collaborate in order to solve this problem with calm attitude,” Gao Feng,...
by Dorian Holden | Aug 28, 2019 | Markets
Fear is back in a big way. Markets are lower across the board this morning thanks to falling bond yields. In fact, the 10-year has again fallen below the two-year this morning. At the moment, the yield on a 10-year is 1.463%, as compared to 1.51% on...
by Jamie Johnson | Aug 28, 2019 | Markets
The company’s sales and earnings shrank during the second quarter. On Wednesday, Tiffany & Co released its second-quarter earnings report before market open. Shares of Tiffany declined by nearly 35% over the past year as the company continues to report slowing...
by Dorian Holden | Aug 27, 2019 | Markets
The markets have gone mad. And with no real end in sight to the trade war volatility, investors are left wondering where they should park their cash. While some investors have sought out high-yielding REITs and gold safe havens, some analysts have found stocks...
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