Hawaiian Airlines’ Expanded Cargo Operation Finally Takes Off

Hawaiian Airlines’ Expanded Cargo Operation Finally Takes Off

More than three years ago, Hawaiian Holdings (NASDAQ: HA) announced plans to expand its cargo service between the islands of Hawaii, using a dedicated fleet of ATR-72 turboprop freighters. This new interisland cargo operation was scheduled to begin in the first half of 2016. By the end of 2015, the Hawaii-focused airline company had purchased three ATR-72s. Yet two years later, none of those aircraft had gone into service, due to a variety of delays….

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Corona and Cannabis: A Perfect Match?

Corona and Cannabis: A Perfect Match?

Last year, Corona beer maker Constellation Brands (NYSE: STZ) surprised everyone by spending nine figures to acquire a less than 10% stake in cannabis company Canopy Growth (NYSE: CGC). Today, the beermaker did it again, reporting an unexpected — and massive — $4 billion — deal to cozy up closer to Canopy Growth. Is this a match made in heaven, or will their partnership be a bust? What’s the buzz Continue Reading Below Canopy Growth…

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Apple Pay Looks Hugely Successful

Apple Pay Looks Hugely Successful

For a while now, Apple (NASDAQ: AAPL) has been talking up its fast-growing services business. It’s not hard to see why. Services, which includes “revenue from Digital Content and Services, AppleCare, Apple Pay, licensing and other services,” is Apple’s second-largest segment by revenue (behind the iPhone). More importantly, services are becoming a larger part of Apple’s overall revenue mix over time, and that should bode well for Apple’s bottom line. In the most recent quarter,…

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Pot taxes pick up in California but still far off target

Pot taxes pick up in California but still far off target

Image 1 of 2 ▼ When it comes to the taxman, California’s legal pot market is off to a sluggish start. Continue Reading Below Marijuana cultivation and excise tax collections hit $48 million between April and June, state officials announced Wednesday. That’s a jump from the prior three months but well below the windfall envisioned by the state. Finance officials had estimated California would bank $185 million from excise and cultivation taxes in the first…

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Why Hollysys Automation Technologies Ltd.’s Shares Plunged 32% Today

Why Hollysys Automation Technologies Ltd.’s Shares Plunged 32% Today

What happened Shares of Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) fell as much as 31.5% in trading Wednesday, after the company reported fiscal fourth-quarter 2018 results. By the time the market closed, some of those gains had been clawed back but were still down 11.1% for the day. Continue Reading Below So what Revenue for the quarter was up 6.7% to $147.2 million, and net income attributable to shareholders rose 28% to $27.7 million, or…

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Intel’s Data Center Revenue and Profits Soared Last Quarter

Intel’s Data Center Revenue and Profits Soared Last Quarter

These days, chip giant Intel‘s (NASDAQ: INTC) primary growth engine is its data center group, or DCG, which the company says “develops workload-optimized platforms for compute, storage, network, and related functions, which are designed for and sold into enterprise and government, cloud, and communications service providers market segments.” Last quarter, Intel’s DCG delivered strong results. Revenue hit $5.5 billion, marking a 27% year-over-year increase, and operating income was just north of $2.74 billion, an eye-popping…

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Accessing Private Equity-Like Returns on a Budget

Accessing Private Equity-Like Returns on a Budget

This article was originally published on ETFTrends.com. Activity in the private-equity funds space is heating up, and the average investor can also access this segment of the market and buy investments only the wealthiest could traditionally afford through an ETF. On the upcoming webcast Thursday, Aug. 16, Accessing Private Equity-Like Returns on a Budget, John Love, President and Chief Executive Officer of […] Continue Reading Below Read more at ETFTrends.com > Free America Network Articles

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5 Retail ETFs for Back-to-School Season

5 Retail ETFs for Back-to-School Season

This article was originally published on ETFTrends.com. As summer vacation draws to a close, it’s back to pencils, books and teachers’ dirty looks for many students, which bodes well for retail ETFs looking to capitalize on a busy back-to-school shopping season. In addition, the retail sector had a tailwind of positive economic data from the Commerce Department behind it as retail sales […] Continue Reading Below Read more at ETFTrends.com > Free America Network Articles

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Ford teases mystery car reveal in Detroit

Ford teases mystery car reveal in Detroit

Ford EVP: Mustang is the best-selling sports car in the world FoxNews.com Automotive Editor Gary Gastelu talks to Ford Executive Vice President Jim Farley about production of the 10 millionth Mustang, mounting trade tensions, improving fuel economy and Tesla CEO Elon Musk considering taking his company private. Ford is planning to reveal a mystery car this week, and it could be a drag-racing Mustang. Continue Reading Below In a schedule of events coinciding with the…

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Turkey Crisis Knocks Down U.S. Treasury Yields

Turkey Crisis Knocks Down U.S. Treasury Yields

This article was originally published on ETFTrends.com. As the Turkish lira exhaled by gaining against the U.S. dollar today, the Dow Jones Industrial Average inhaled the contagion caused by Turkey’s economic crisis with a loss of over 150 points as of 3:15 p.m. ET. The market pandemic felt around the globe didn’t leave benchmark U.S. Treasury yields resistant to its effects as […] Continue Reading Below Read more at ETFTrends.com > Free America Network Articles

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