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In response to China's retaliatory tariffs, President Trump tweeted he was "ordering" American companies to look for alternatives to China. The National Retail Federation says that's unrealistic.
The global economic outlook continues to be a blurry picture with President Trump ordering US companies to search for alternatives to China, and Fed chairman Jerome Powell pledging to act appropriately to sustain the economic expansion.
Trump told those shippers and online retailer Amazon.com Inc to decline deliveries of the synthetic opioid from China, which on Friday announced new retaliatory tariffs on a swath of U.S. goods. "I am ordering all carriers, including Fed Ex, Amazon, UPS and the Post Office, to SEARCH FOR & REFUSE all deliveries of Fentanyl from China (or anywhere else!)," Trump said on Twitter.
As bond yields slip, we searched using the Zacks Stock Screener for large-cap technology firms that also pay a dividend. Here are 3 of the strong tech stocks that came through our screen this morning...
American Airlines (AAL) stock is going through turbulent times. AAL has lost 17.4% of its market value YTD, underperforming the broader market.
CIRP estimates that Amazon Prime members spend $1,400 per year on Amazon’s e-commerce platform—much higher than non-Prime members' $600 annual spending.
Amazon (AMZN) is all set to acquire a 49% stake in Future Coupons, a Future Group entity. The deal will give Amazon an indirect stake in Future Retail.
Amazon (AMZN) agrees to acquire 49% stake in Future Coupons, through which it will be entitled to snap up a minority share in Future Retail.
United Airlines (UAL) is on an international expansion spree, announcing several flights from its hubs in Chicago, Denver, New York/Newark and San Francisco.
J&J (JNJ) is facing several litigation in multiple states related to abuse of its opioid-based drugs. A ruling is expected on Aug 26 in a trial filed by the state of Oklahoma.
FDA approves AbbVie's (ABBV) upadacitinib to be marketed as Rinvoq. Bayer (BAYRY) is set to divest its Animal Health unit to Elanco for $7.6 billion in a cash-and-stock deal.
The move seems to be a major step in a synchronized attack on this perennial problem, as the Congress and the FCC have also embarked on decisive actions to curb unsolicited calls.
The turbulence created by a slowing economy and inversion in yield curve has forced investors to look for safe stocks. These five stocks are sure winners.