tariffs

Chinese e-commerce company Alibaba Group Holding Ltd. (NYSE: BABA) reported second-quarter earnings Friday with updated revenue guidance for the year. The Analyst KeyBanc Capital Markets analyst Hans Chung maintained an Overweight rating on Alibaba and lowered the price target from $215 to $...

President Donald Trump and his Chinese counterpart Xi Jinping are set to meet later this month in Argentina, but investors hoping for a swift resolution to the trade dispute may want to reconsider, according to Nobel Prize winner Michael Spence. Talks Will Continue 'For Some Time' Spence, a...

Nio Inc - ADR (NYSE: NIO), China’s fledgling electric vehicle manufacturer, temporarily surged Monday on news of a potential cut to auto taxes in its home country. The Would-Be Catalyst China’s National Development and Reform Commission proposed a tax abatement to stimulate the nation...

The U.S. trade war with China has dominated Wall Street headlines in 2018, and two of the largest U.S. auto companies, Ford Motor Company (NYSE: F) and Tesla Inc (NYSE: TSLA) are caught in the crosshairs. China provides a massive long-term growth opportunity for both Ford and Tesla, but it can be...

Shares of iRobot Corporation (NASDAQ: IRBT) are reeling after the company announced it will see a negative tariff impact of around $5 million in the fourth quarter. The Analyst  Needham analyst James Ricchuti upgraded iRobot from Hold to Buy and set a $95 price target. The...

Crude-by-rail is big growth driver for quarter as rail remains key outlet for Canadian crude. Canadian National Railway (NYSE: CNI) became the latest railroad to beat earnings estimates thanks to the growth in bulk commodities such as crude, grain and coal. But operating ratios weakened as costs...

Ford Motor Company (NYSE: F) will issue third-quarter results Wednesday afternoon. Analysts who cover Ford expect the company to report earnings of 28 cents per share on sales of $33.3 billion. Although Ford has historically reported earnings before the open of the U.S. markets, the company...

Shares of Dow Jones component Caterpillar Inc. (NYSE: CAT) fell more than 8 percent Tuesday morning despite a top-and-bottom-line beat in its third-quarter report. What Happened Caterpillar said it earned $2.86 per share in the quarter on revenue of $13.5 billion, which was better than the $2.83...

From a sell-off to a new brand name and the purchase of Kate Spade, Tapestry, Inc. (NYSE: TPR), formerly known as Coach, has had a year of transition. On Tuesday, the luxury apparel conglomerate picked up a new sell-side bull.  The Analyst Needham analyst Rick Patel upgraded Tapestry from...

Steel stocks have been in focus in 2018 after the steel industry was one of the first to be dragged into the global trade war. Steel stocks have run out of steam in recent months, but one analyst says the steel industry is due for a bounce. The Analyst On Thursday, Seaport Global analyst Derek...