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(Bloomberg) -- Nigel Farage boosted Prime Minister Boris Johnson’s chances of winning a majority by dramatically announcing his Brexit Party won’t fight to oust Conservatives at next month’s U.K. general election. The pound rose.The Brexit Party leader told a rally in Hartlepool, northeast England, on Monday that it was a difficult decision to stand down candidates in the 317 seats the Tories won in the last national vote in 2017, but said he’s reassured by Johnson’s plans for a sharper split with the European Union.Farage said he’s “unilaterally” creating an “alliance” for Brexit to stop pro-EU politicians winning seats and triggering a second referendum to keep Britain in the bloc. He didn’t rule out withdrawing more of his party’s candidates in the future, if it might help the Tories win more of their target seats.“I have got no great love for the Conservative Party,” Farage said. “But I can see right...
Yahoo Finance’s Akiko Fujita and Dan Howley discuss Jefferies raising its price target on Tesla, along with the electric automaker unveiling the first cars built in China on The Ticker....
Kraft Heinz (NASDAQ:KHC) reported third-quarter results on Oct. 31 that were mediocre. However, it did manage to report earnings per share of 69 cents, 15 cents higher than analysts' average estimate. Kraft Heinz stock jumped more than 13% on the positive surprise.Source: Casimiro PT / Shutterstock.com InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs a result of the better-than-expected earnings, my fellow InvestorPlace columnist, Dana Blankenhorn, recommended that anyone who bought KHC stock before August or in September or later ought to give the relatively new CEO time to revitalize its portfolio. Those are wise words because KHC stock still has an attractive 4.9% dividend yield that investors can enjoy until the company gets its act together. In February, I came up with seven reasons why Kraft Heinz stock is a contrarian buy. At the time it was trading around the same price where it is now. * 7...
(Bloomberg) -- MGM Resorts International and MGM Growth Properties LLC are seeking an investor for a joint venture that would own at least two prominent Las Vegas properties, according to people with knowledge of the matter.The duo have solicited interest in the MGM Grand Hotel & Casino and the Mandalay Bay Resort & Casino from investors that have historically bet on gaming properties, said the people, who requested anonymity because the talks are private. A representative for MGM Resorts declined to comment and representatives for MGM Growth Properties didn’t immediately respond to requests for comment.MGM Resorts created the real estate investment trust MGM Growth in 2016 and sold a minority interest to the public. The REIT owns most of MGM Resorts’ casinos and leases them back to the company to operate.MGM to Pay Up to $800 Million to Vegas Mass-Shooting VictimsThe Mandalay Bay is one of 13 properties owned by MGM...
China’s e-commerce giant Alibaba recorded $38.4 billion in sales in
the past 24 hours on Singles' Day. Yahoo Finance's Dan Roberts, Julia La Roche, Brian Cheung and Krystal Hu speak with Alibaba Group CMO Chris Tung about the company's all-time high sales numbers....
Today we'll take a closer look at Haverty Furniture Companies, Inc. (NYSE:HVT) from a dividend investor's perspective......
