Global oil prices extend declines as investors cast further doubt on the fate of last week's China trade deal and re-price markets for slowing near-term growth.
Apple recently told suppliers to target as many as 75 million total iPhone units for 2019, Bloomberg reports.
Reduce Apple positions by 25% to 50% with its P/E ratio above 20.00 and stock above its quarterly and monthly pivots at $232.86 and $235,00. Maintain a core long position.
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Global oil prices extended declines Tuesday, taking U.S. crude prices close to the $52 mark, as investors cast further doubt on the fate of last week's China trade deal and re-priced markets for slowing near-term growth.
The engineering and construction services giant says it will use the cash generated by the sale of its management services unit to pay down debt and buy back shares.
The $24 billion resale market for luxury items is emerging as a major threat to the earnings of luxury retailer Tapestry, owner of the Coach brand.
The stock deal would bring together two specialists in fracking in the Permian Basin.
E-commerce and shipping solutions provider Pitney Bowes acknowledged a cyberattack but said critical data wasn't compromised.
The deal value, including debt, would be $67 billion, sources told the Financial Times.
The Wall Street Journal reported the iconic motorcycle maker had halted production of its new LiveWire EV bike amid problems with the charging equipment.
HP Enterprise shares gained 3% after Evercore ISI analyst Amit Daryanani also lifted his price target.
Blackstone Group, which like Apollo is a New York private-equity firm, has also bid for the Orlando, Fla. resort operator, Bloomberg reported.
The deal price, equal to $7.40 a share, is more than a third above the Sophos' recent closing prices in both U.S. and U.K. trading.
Uber announced that it is laying off 350 workers just four weeks after announcing the layoffs of 435 employees.
Stocks finish down Monday as Chinese officials said they want to talk further about last week's tentative trade agreement between the world's two largest economies.
Apple shares are in a tricky place now, but here's why investors may not have to give up on them.
Apple is reportedly prepping a 4.7-inch iPhone that will have a $399 starting price. Such a move could help it land more first-time iPhone users to whom it can cross-sell services and wearables.
Uber announces that it plans to lay off 350 employees.
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