Height Securities

PG&E Corporation (NYSE: PCG) opened down 25 percent Monday after CNBC reported the company could face a minimum of $30 billion in liabilities related to California wildfires in 2017 and 2018, citing unnamed sources. The report comes after a Reuters story over the...

Don’t look for major changes to the postal service in the coming year, analysts from Height Securities say. The United States Postal Service does have long-term financial challenges resulting from changes in how we all send packages — and expensive retiree benefits. But in a...

In their long rivalry with oil refineries, farmers who produce corn for ethanol could get a boost from the 2020 election thanks to a populist incumbent president worried about the Heartland, according to Height Securities.  President Donald Trump is likely to pursue policies that benefit...

President Donald Trump scored a trade war victory Wednesday after China made its first major soybean purchase from the U.S. since retaliating against Trump’s tariffs in July by blocking imports of U.S. agricultural products. While the purchase may be a small step in the right direction...

The Food and Drug Administration is set on introducing restrictions on the sale of electronic cigarettes, including prohibiting most flavored products in convenience stores and gas stations, The Washington Post reported Nov. 8. The Wall Street Journal followed up with its own report Friday that...

The big story on Wall Street in 2018 has been an international trade war, which ramped up this week after President Donald Trump said Monday that he will slap 10-percent tariffs on an additional $200 billion in Chinese imports starting Sept. 24. China returned fire on Tuesday, announcing new...

Thursday marked the conclusion of the public comment period for the proposed $200-billion first wave of China tariffs. Just one day later, President Donald Trump upped the United States' tax threat to Chinese imports by $267 billion in remarks to reporters on Air Force One. If all of the...

The market has reacted very negatively to President Donald Trump’s aggressive approach to trade relations with China. Trump and his supporters argue, however, that the long-term benefits of a favorable trade policy could far outweigh the short-term market impacts of a trade war with China....

U.S. stocks traded down steeply Tuesday morning, and the Dow was on track to register its sixth consecutive day in the read after President Donald Trump threatened to aggressively escalate his trade war with China. What Happened Trump has reportedly asked the U.S. Trade Representative to identify...

While legalized marijuana represents a burgeoning industry and tax boon for states, its finacial impact could be eclipsed by the potential of legalized sports betting. Estimates of the size of the illegal sports betting market in America range from the American Gaming Association's figure of $...

Facebook, Inc. Common Stock (NASDAQ: FB) CEO Mark Zuckerberg’s 10 hours of testimony were not in vain. The two-day congressional hearing over Facebook’s consumer data and influencer security catalyzed an equally long run in the company’s stock, and some consider the rally the...

The federal government might soon eat its words on Jeff Bezos. Height Securities predicts the Department of Defense will award Amazon.com, Inc. (NASDAQ: AMZN) — the enduring target of Oval Office disdain — a cloud-computing procurement contract worth more than $10 billion. “Amazon...

The markets slid sharply Thursday after President Donald Trump announced he would impose 25-percent steel tariffs and 10-percent aluminum tariffs as early as next week. Amid backlash from economists, national security experts and foreign leaders, Trump defended his position on Twitter. “When...

Steel and aluminum stocks are popping on Thursday while the rest of the market crashes after President Donald Trump said he will be announcing new steel and aluminum tariffs as early as next week. What You Need To Know Trump said Thursday the U.S. will implement a 25 percent tariff on steel...

President Donald Trump will meet with steel and aluminum executives Thursday, leading some to speculate an import tariff announcement is imminent, according to Reuters. But Height Securities considers a final proposal on rates or quotas unlikely to be released. “We expect that ongoing...