Markets
Hyundai to build Santa Cruz at Montgomery plant, add hundreds of jobs
Hyundai has announced that its as-yet-unrevealed Santa Cruz lifestyle bakkie will go into production in the United States in 2021. There's still no sign of the production version of the Santa Cruz, which Hyundai says will be quite different in design than the concept , but we know it'll be bodied like a ute and have a ladder frame . [Full Article...]
Wetherspoons boss Tim Martin attacks Government Brexit deal and corporate governance
Claiming non-executives salvage too necessary energy, Mr Martin acknowledged the country's company governance principles salvage been 'up the spout'. 'It has additionally ended in the introduction of prolonged and almost unreadable annual experiences, pudgy of jargon, clichés and platitudes - which confuse more than they sing. [Full Article...]
Ferrari unveils new Roma front-engined coupe
So far, Ferrari has only released limited details of the Roma, along with a small number of images. Ferrari on November 13 unveiled Roma - a rear-wheel drive, front engined, V8 coupe . At the back, you find another departure from Ferrari tradition - flat instead of round quad tail lights, neatly integrated into the rear spoiler. And then we get to the interior. [Full Article...]
Australian jobs suffer biggest drop in 3 years, argue for more stimulus
Following the previous session's rather subdued trading action, the pair witnessed some aggressive selling during the Asian session on Thursday following the release of downbeat Aussie jobs report and extended its recent sharp pullback from the 0.6930 region. [Full Article...]
Beijing lifts 4-year ban on USA poultry imports
Tyson Foods shares were up 4.6 percent in morning trade, Sanderson Farms rose 4.2 percent and Pilgrim's Pride Corp shares were up 2.2 percent, outperforming a largely flat stock market on Thursday. Big differences over China's technology policies were largely unaddressed and left for future negotiations. "Today's development (on US poultry) is definitely linked to the trade war and, though the... [Full Article...]
Pressured as Demand Concerns Outweigh Trade Talk Optimism
The growth estimate is about 100,000 barrels a day higher than last month. Brent crude futures were up 19 cents, or 0.3%, at $62.47 a barrel by 0759 GMT, having dropped 9 cents on Thursday. "However, a continuously well-supplied market will lend support to a fragile global economy". That points to a 2020 surplus of about 70,000 bpd, which is less than indicated in previous reports. [Full Article...]
Wedbush Securities Inc. Purchases 14,300 Shares of Aurora Cannabis Inc (NYSE:ACB)
In general, a high debt-to-equity ratio indicates that a company may not be able to generate enough cash to satisfy its debt obligations. The company maintained a Gross Margin of -0.04%. Aurora Cannabis ( ACB ) has taken a 10% hit today plummeting all the way down to $3.11 per share, a 52 week low. The RSI is characterized as a momentum oscillator, evaluating the speed and scale of directional p... [Full Article...]
Behold the Twinkies breakfast cereal you never knew you wanted
Twinkies in the morning, Twinkies in the evening, Twinkies at suppertime. Flash forward to 2019- not only are the portable, pillowy cream-filled sponge cakes readily available once again in a variety of flavors, you'll soon be able to get them in cereal form, too. [Full Article...]