ZURICH (Reuters) - A decade after a U.S. crackdown ended Swiss banking secrecy, rich Americans are flocking back to UBS (UBSG.S) as they look to diversify their investments in a volatile U.S. political landscape, a senior executive at the Swiss group told Reuters.“The interest has increased, for political reasons and for reasons of diversification,” Juergen Wegner said in an interview,...Read More

B. Riley FBR waxed optimistic on the firm's leukemia drugsThe shares of penny stock Aptose Biosciences Inc (NASDAQ:APTO) are higher today, after B. Riley FBR initiated coverage with a "buy" rating. What's more, the analyst issued a $5 price target -- more than double APTO stock's current price -- and waxed optimistic on the company's "two unique first-in-class" leukemia drugs. As such, Aptose Bios...Read More

How you can transform lagging indicators into leading indicators.For hundreds of years, since the first stock exchange opened its doors, every trader has been looking for an edge... Some way to predict what will happen next... And hopefully collect a fat "paycheck" at the end of the road.From Bollinger bands to momentum oscillators, technical indicators have been at the forefront of this constant...Read More

WOLFSBURG, Germany (Reuters) - Volkswagen (VOWG_p.DE) expects to become the most profitable manufacturer of electric cars thanks to a multi-billion euro expansion plan to mass produce battery driven vehicles, Chief Executive Herbert Diess said on Friday.VW will spend almost 44 billion euros ($50 billion) on developing electric cars, autonomous driving and new mobility services by 2023 and explore...Read More

EBITBRAH is the leader in finance-related durable goodsRead full newsRead More

LONDON (Reuters) - A group of eurosceptics who are leading a bid to oust British Prime Minister Theresa May might not know until Monday if they have enough letters to trigger a vote of confidence, the BBC’s political editor said on Friday.“Don’t necessarily expect to hear anything from Brady, who is the person who really knows, until Monday as to whether threshold has been reache...Read More

(Reuters) - The S&P 500 edged lower on Friday as chip stocks tumbled after weak forecasts from Nvidia and Applied Materials, but a recovery in oil prices for a third day lifted energy stocks.Nvidia Corp (NVDA.O) fell 17.9 percent, leading decliners on the S&P 500, after the chip designer blamed unsold chips piling up as the cryptocurrency mining boom fizzles out.Applied Materials Inc (AMAT...Read More

LONDON (Reuters) - British Prime Minister Theresa May won the backing of two senior ministers on Friday as she battled to defend her much-criticized draft divorce deal with the European Union as calls grew for a vote of no confidence in her leadership.More than two years after the United Kingdom voted to leave the EU, it is still unclear how, on what terms or even if it will leave the EU as planne...Read More

WASHINGTON (Reuters) - U.S. manufacturing output increased for a fifth straight month in October, shrugging off a sharp decline in motor vehicle production and suggesting underlying strength in factory activity despite signs of a slowdown in the sector.The Federal Reserve said on Friday manufacturing production rose 0.3 percent last month. Data for September was revised up to show output at factor...Read More

Pullbacks to the 320-day have been buy signals in the pastWhile Autodesk, Inc. (NASDAQ:ADSK) hasn't officially set a date to report quarterly earnings, the software concern is expected to unveil its third-quarter figures relatively soon (Thomson Reuters Eikon has a tentative date of Tuesday, Nov. 20). While several Apple suppliers have taken it on the chin in recent weeks, ADSK's recent pullback c...Read More

Ontario's Government for the People is supporting Northern Ontario's digital economy sector by investing in world-class software that will help businesses grow.Today, Ross Romano, Parliamentary Assistant to the Minister of Energy, Northern Development and Mines, announced new investments of $645,000. This includes $500,000 for Canadian Bank Note Company to develop Bingo Management System software...Read More

TOKYO (Reuters) - The United States ambassador to Japan defended his country’s trade policies on Friday, saying they were not protectionist and were aimed at creating a more level playing field for American companies.“The United States is the most open major economy in the world,” Ambassador William Hagerty told reporters at the Japan National Press Club.“Japan and other co...Read More

LONDON (Reuters) - Brexit will be foremost in investors’ minds in the coming week, though a smattering of data will offer further indications as to how much global economic growth, bogged down by politics and trade wars, is slowing.British Prime Minister Theresa May is fighting for her political life after the draft divorce deal she agreed with the European Union provoked an exodus of senior...Read More

(Reuters) - U.S. stocks opened lower on Friday, as technology companies suffered sharp losses following disappointing forecasts from chip companies Nvidia and Applied Materials.The Dow Jones Industrial Average .DJI fell 46.92 points, or 0.19 percent, at the open to 25,242.35. The S&P 500 .SPX opened lower by 11.66 points, or 0.43 percent, at 2,718.54. The Nasdaq Composite .IXIC dropped 6...Read More

JD shares are hovering above recent lows ahead of earningsChinese e-commerce powerhouse JD.com, Inc. (NASDAQ:JD) has seen its stock price plummet in recent months, even compared to the broad-market struggles. The shares have underperformed the S&P 500 Index by more than 25 percentage points during the past three months, while holding near two-year-low territory under the pressure of their 50-day m...Read More

HD's rough week has it below its year-to-date breakeven levelThe shares of Home Depot Inc (NYSE:HD) are down 0.5% to trade at $176.54 this morning, near the bottom of the Dow, after BofA-Merrill Lynch downgraded the home improvement retailer to "neutral" from "buy" while slashing its price target to $195 from $219. The analyst in coverage sees 2018 as peak earnings growth for HD, and that "the b...Read More

Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK), Canada's largest diversified miner, plans to announce in December which company will be its development partner at the Quebrada Blanca copper mine in northern Chile.In August, the Vancouver-based miner received regulatory approval for a $4.8 billion extension of the mine. Teck sees the Quebrada Blanca Phase 2 project as its most significant growth...Read More

Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK), Canada's largest diversified miner, plans to announce in December which company will be its development partner at the Quebrada Blanca copper mine in northern Chile.In August, the Vancouver-based miner received regulatory approval for a $4.8 billion extension of the mine. Teck sees the Quebrada Blanca Phase 2 project as its most significant growth...Read More

Teck Resources (TSX:TECK.A | TECK.B)(NYSE:TCK), Canada's largest diversified miner, plans to announce in December which company will be its development partner at the Quebrada Blanca copper mine in northern Chile.In August, the Vancouver-based miner received regulatory approval for a $4.8 billion extension of the mine. Teck sees the Quebrada Blanca Phase 2 project as its most significant growth...Read More

Both chip stocks are gapping lower on weak current-quarter guidanceThe shares of Nvidia Corporation (NASDAQ:NVDA) have plunged 18.2% to trade at $166.30 -- fresh off a new annual low of $164.85, and headed for their worst day since July 3, 2008. This is a stinging reaction to the chipmaker's third-quarter earnings report, which beat on the bottom line, but revenue of $3.18 billion fell short of ex...Read More