Dollar Tree stock is a bargain, down 18 percent this year: Barron’s
Shares of Dollar Tree Inc are as big a bargain as the $1 goods it sells in its stores, with shares off 18 percent this year and trading at a discount to its biggest competitor Dollar General Corp and there is a possible activist investor in the wings…
Alibaba Singles’ Day tops $30 billion but growth rate plunges
Chinese e-commerce giant Alibaba Group Holding Ltd cashed a record 213.5 billion yuan ($30.70 billion) in sales on Sunday during its 24-hour online retail frenzy Singles’ Day, but the event’s annual growth dropped to its slowest-ever rate.
Democrats to probe Trump actions on AT&T, Amazon.com: Axios
When Democrats take control of the U.S. House they plan to investigate the Trump administration’s decision to try to block AT&T Inc from acquiring Time Warner, and whether officials sought to punish Amazon.com Inc by prodding the U.S. Post Office to hike shipping prices for the world’s largest e-commerce company, a senior Democrat said on Sunday.
Iran sells more oil to private exporters to bypass U.S. curbs
Iran sold 700,000 barrels of crude oil to private companies for export on Sunday in a second round of sales aimed at countering U.S. sanctions on the country’s exports, oil ministry news website SHANA reported.
Alibaba Singles’ Day smashes $25 billion sales record
Chinese e-commerce giant Alibaba Group Holding Ltd smashed the 2017 record for its Singles’ Day sales event on Sunday, surpassing 168 billion yuan ($24.15 billion) sales in under sixteen hours.
Oil pucks and pellets; Canada eyes new ways to move stranded crude
Canada’s biggest railroad says it is attracting interest from oil producers in its effort to move crude in solid, puck-like form, as clogged pipelines divert more oil to riskier rail transport.
Argentine recession seen bottoming out in first quarter: IMF
Argentina’s shrinking economy will bottom out in the first three months of next year and start to recover in the second quarter, an International Monetary Fund official said on Saturday.
Alibaba Singles’ Day sales hit $10 billion in first hour
Chinese e-commerce giant Alibaba Group Holding Ltd settled roughly 69 billion yuan ($9.92 billion) in the first hour of its annual Singles’ Day on Sunday, up roughly 21 percent from last year’s early haul of 57 billion yuan. Singles’ Day is the worl…
China’s import expo logs $57.8 billion of deals: China Daily
Around $57.83 billion worth of deals were agreed for the year ahead at the China International Import Expo (CIIE), the official China Daily said on Saturday.
Netflix CEO Hastings says no plans for cheaper India offerings
Netflix chief executive Reed Hastings said that the streaming video company had no plans for cheaper prices in the hotly competitive India market and that an executive’s comments suggesting otherwise had been “misunderstood.”
