Posts From Mark Cooper
Xiaomi, one of the world’s leading smartphone makers, is hoping to raise more than $ 6 billion by selling shares for a stock market listing in Hong Kong next month. The Chinese tech firm announced the planned value of the
Americans are finally getting paid more — and that’s creating challenges for nearly all of your favorite restaurants. Labor expenses make up an average of 25% to 30% of restaurants’ sales. Rising wages are forcing fast food and quick-service chains,
“QUANT” (quantitative) hedge funds, which craft elaborate algorithms to make trading decisions, rely on access to information. That used to mean market data, such as prices and trading volume. But some now seek an edge in novel sources. An industry
It’s crunch time for OPEC as oil prices rise
Oil prices have surged and a potential supply crunch looms. Will OPEC respond? Members of the oil cartel are meeting Friday in Vienna to consider a potential production increase that would please its customers and help bring down prices. The
People are increasingly buying groceries online. And many retail experts believe the digital supermarket battle will come down to Amazon versus Walmart. But Kroger has something to say about that: Not so fast. Kroger(KR), the grocery giant that also owns
Can Starbucks be fixed?
Drinks no one wants, too many stores, not enough innovation. Starbucks’ new CEO Kevin Johnson identified these as the main problems bugging US Starbucks. He has a plan to fix them. “Our recent performance does not reflect the potential of
In a sign of a shifting U.S. economy, the Dow Jones Industrial Average will drop manufacturing conglomerate General Electric in favor of drug retailer Walgreens Boots Alliance starting Tuesday. And with that, the much-watched stock market indicator is increasingly reflecting
Chinese investment in the United States nosedived in the first five months of 2018 amid mounting tensions between the world’s two largest economies. For years, Chinese companies pumped growing amounts of money into the United States, deepening ties between the
Investors looking for value should forego indexes in favor of individual stocks, says Lindsey Bell, an investment strategist with CFRA Research “That’s how you’re going to find many better deals right now,” Bell told CNNMoney editor-at-large Richard Quest on “Markets
Premarket: 8 things to know before the bell
1. GE booted from the Dow: General Electric is losing its spot in the elite Dow Jones Industrial Average. GE(GE) was an original member of the Dow in 1896 and has been in the club continuously since November 7, 1907.