Month: October 2019

You probably know from experience that there is not as much information on small-cap companies as there is on large companies. Of course, this makes it really hard and difficult for individual investors to make proper and accurate analysis of certain small-cap companies. However, well-known and successful hedge fund managers like Jeff Ubben, George Soros […] …read more […]

(Bloomberg) — PG&E Corp. began cutting power to more than 2.5 million Californians in the state’s largest deliberate blackout ever.The bankrupt utility giant is shutting off the lights in phases to about 940,000 homes and businesses across Northern California — including parts of Oakland, Berkeley and other ares around San Francisco — as it tries to keep power lines from igniting wildfires during the strongest wind storm in years. The shutoff will hit almost a fifth of the utility’s total customers, and the company said it expects most to have power restored on Monday morning. San Francisco is expected to …read more […]

(Bloomberg Opinion) — The world’s most important gold market isn’t what it used to be.Just a decade ago, India’s hunger for gold jewelry and bullion meant it accounted for about a quarter of global demand. Consumption has since fallen by about 24%. Ahead of Sunday’s Diwali festival, when purchases traditionally peak, imports in September fell to their lowest level in three years.Part of this is a reaction to short-term pricing factors. Buyers tend to stay away when the bullion price in Mumbai rises above about 30,000 rupees ($422.97) for 10 grams. Thanks to the rupee’s slump and the metal breaking …read more […]

(Bloomberg) — California Governor Gavin Newsom wants Warren Buffett’s Berkshire Hathaway to make a takeover bid for bankrupt utility giant PG&E Corp.If Berkshire is interested in buying the San Francisco-based power and natural gas company, now is the time to make an offer, Newsom said Saturday.“We would love to see that interest materialize, and in a more proactive, public effort,” he said in an interview. “That would be encouraging to see. They are one of the few that are in a position to make a significant run at this.”Newsom made the remarks following a media briefing in Napa County, just …read more […]

Q3 2019 Intel Corp Earnings Call …read more […]

Q3 2019 BGC Partners Inc Earnings Call …read more […]

Q3 2019 Charter Communications Inc Earnings Call …read more […]

Q3 2019 Patterson-UTI Energy Inc Earnings Call …read more […]

Q3 2019 Orchid Island Capital Inc Earnings Call …read more […]

Louis Vuitton owner LVMH has approached Tiffany & Co with an acquisition offer, people familiar with the matter said on Saturday, at a time when the U.S. luxury jeweler grapples with the impact of tariffs on its exports to China. LVMH, which has for years has been looking for ways to expand in the U.S. market, submitted a preliminary, non-binding offer to Tiffany earlier this month, one of the sources said. Tiffany has hired advisers to review LVMH’s offer but has not yet responded to it, and there is no certainty that it will negotiate a deal, one …read more […]

Q3 2019 Ventas Inc Earnings Call …read more […]

California firefighters raced against time on Saturday as they cut defensive lines against a wildfire in Sonoma County’s famed wine country and authorities ordered 50,000 people to evacuate, ahead of winds that are forecast to pick up at night and spread the flames. The 25,000-acre (10,000-hectare) Kincade Fire burning along steep hillsides in rugged terrain north of San Francisco was one of two major wildfires burning in California, with the other, the Tick Fire, raging in suburban Los Angeles where it has charred 4,600 acres (1,700 hectares) with hundreds of residents still under evacuation orders on Saturday. The …read more […]