INDUSTRIES Archive

There’s one thing that everyone is getting wrong about the war between Walmart and Amazon

A lot of people are betting against Walmart right now. The retailer’s stock price recently suffered its biggest one-day drop in 25 years after executives warned that annual growth over the next three years would range between 3% and 4% and profit would decline by up to 12% in 2017. Shares have dropped by more [&hellip

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Oil prices rise, but China trade data casts a shadow

Source photo Oil prices edged up marginally in early Asia trade Monday as data indicate China’s appetite for crude oil remains strong, but the sharp drop in overall imports is fuelling worries that slowing demand by the world’s second-biggest economy is unlikely to reverse anytime soon. On Sunday, China’s General Administration of Customs said in [&hellip

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General Motors’ stock has 40 percent return potential: Barron’s

Source photo Shares in General Motors Co could return as much a 40 percent, including a 5 percent dividend yield, a year from now when investors start to focus on 2017 per share earnings of $6, according to financial weekly Barron’s on Sunday. Barron’s says GM’s stock should be up “far more” year-to-date than the [&hellip

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World’s biggest shipping company: Global economic growth is even worse than it looks

The CEO of the biggest shipping company on earth is pretty much as exposed to global growth as anyone gets, and he’s got a worrying message for the world. In an interview with Bloomberg, Moeller-Maersk CEO Nils Smedegaard Andersen suggested that consensus forecasts for global growth are still too strong, despite already being trimmed from [&hellip

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Financial aid gatekeepers may be getting new gates of their own

Source photo Earlier this summer, a video about college accreditors went viral — or at least as viral as a video on an obscure higher education policy topic can go. In the video, Sen. Elizabeth Warren (D-Mass.) grills Albert Gray, the president of the Accrediting Council for Independent Colleges and Schools, which allowed the for-profit [&hellip

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Oil prices rise ahead of U.S. jobs, oil-rig count

Crude oil prices recouped some losses in Asia trade on Friday but will likely bob in a tight range as the market waits to take cues from the U.S. labor data and oil-rig count due later in the day. Market sentiment went deeper into bearish mode overnight in the U.S. on oversupply concerns after reports [&hellip

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Germany got some terrible economic news

Source photo German industrial production figures were unexpectedly poor on Friday. Production fell 1.1% month-on-month in September, against analysts expectations of a 0.5% rise. The figures measure the output of German factories and mines. Here’s the chart for industrial production this year. It’s hardly what you’d want from the powerhouse economy of Europe. Read More

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Is the red-hot security sector hitting a plateau, or is it just FireEye?

The canary in the security sector coal mine is starting to wheeze. FireEye Inc. FEYE, +0.66% was one of the most prominent cybersecurity companies to enter the public markets amid a wave of high-profile attacks and investor fervor for such firms. But it says it is seeing a slowdown in attacks and projecting slower growth [&hellip

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U.S. stockpile climb keeps a lid on crude-oil gains

Source photo Crude prices rebounded slightly in Asia trade Thursday but a wider-than-expected U.S. crude stockpile buildup amid slowing global demand means prices will likely hover in a narrow band. On the New York Mercantile Exchange, light, sweet crude futures for delivery in December CLZ5, +0.15% traded at $46.33 a barrel, up $0.01 in the [&hellip

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What to watch for in Lumber Liquidators’ earnings

Source photo Lumber Liquidators Holdings Inc. is slated to reveal third-quarter results on Wednesday, before the stock market opens. Investors will be waiting to see whether the troubled hardwood-floor company LL, +1.43% can finally break its string of disappointing results, and support the recent stabilization in the stock. That would help deflect some of their [&hellip

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