Asset Managers Highlights
Are Cigarettes Finally Dead? Phillip Morris Plunges   
(Friday - April 20, 2018)
Source: Yahoo Finance - Philip Morris International (PM) shares are in free-fall this morning after announcing Q1 earnings that were actually slightly higher than analyst estimates. Revenues were lower than expected however, and the future of the...
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Exclusive: Wells Fargo loses teachers union AFT over ties to NRA, guns   
(Friday - April 20, 2018)
Source: USA Today - Wells Fargo's financial relationship with gunmakers and the National Rifle Association has cost the bank its mortgage business with a major U.S. union.
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Why delivering social and economic value is good for business   
(Friday - April 20, 2018) Associated Profiles : Thomson Reuters
Source: Thomson Reuters Foundation - Any views expressed in this article are those of the author and not of Thomson Reuters Foundation ... to impact communities – and their business’ bottom line. The key to sustainable prosperity is to recognise that a...
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Amazon com : Investors Want to Talk Food Waste With Amazon -- 2nd Update   
(Friday - April 20, 2018) Associated Profiles : Green Century Capital Management & Green Century Funds
Source: 4-Traders - Green Century Capital Management, Inc. and other investors asked the Securities and Exchange Commission Thursday to force Amazon to allow shareholders to vote on a proposal asking it to explain its plans to mitigate the...
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Oil stocks face crucial earnings test as investors venture back in   
(Friday - April 20, 2018) Associated Profiles : MSCI Group (NYSE: MDX)
Source: Reuters - “With the rise in oil prices that we’ve seen, the sustainability of the dividends is better,” he said. The damage of the 2014 commodities downturn, along with the rise of mega-cap technology stocks, has taken...
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Tesla battery production is the real bottleneck, not Model 3 production, analyst says   
(Thursday - April 19, 2018)
Source: CNBC - Tesla's battery production for the Model 3 is the company's real obstacle to putting cars on the road, not Model 3 assembly itself, said Oppenheimer analyst Colin Rusch on CNBC's "Power Lunch."
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P&G to buy German Merck's consumer health unit for $4.2 billion   
(Thursday - April 19, 2018)
Source: Reuters - Procter & Gamble Co (P&G) has agreed to acquire Merck KGaA’s consumer health unit for 3.4 billion euros (2.96 billion pounds), giving it vitamin brands such as Seven Seas and greater exposure to Latin American and Asian markets.
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Goldman may acquire its way to a bigger consumer bank   
(Wednesday - April 18, 2018)
Source: Street Insider - NEW YORK - Goldman Sachs Group Inc (NYSE: GS) is likely to expand its consumer bank through small acquisitions, its finance chief said on Tuesday, without ruling out the idea that it might buy a traditional lender, too
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CSX Railroad's First-Quarter Profit Jumps to $695 Million   
(Wednesday - April 18, 2018)
Source: US News - OMAHA, Neb.— CSX's first-quarter profit nearly doubled thanks to further cost cuts at the railroad and a restructuring that weighed on its earnings a year ago.
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Bitcoin traders are banking on a big rebound once Tax Day passes   
(Tuesday - April 17, 2018)
Source: CNBC - Bitcoin prices were lower Monday ahead of the much-anticipated tax deadline, which bullish pundits say has been holding back the digital currency this year.
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