Trading Ideas
Edited Transcript of GBDC earnings conference call or presentation 26-Nov-19 7:30pm GMT
Q4 2019 Golub Capital BDC Inc Earnings Call …read more […]
Year: 2019
Business News
Strong data, trade optimism propel Wall Street to record levels
Wall Street’s main indexes hit record highs on Wednesday ahead of the Thanksgiving holiday, as fresh data pointed to a resilient domestic economy, while investors remained optimistic about a resolution to U.S.-China trade tensions.
Business News
U.S. economy picks up in third-quarter; data surprise on the upside
U.S. economic growth picked up slightly in the third quarter, rather than slowing as initially reported, and there are signs the downturn in business investment may be drawing to a close.
Trading Ideas
Spain's Telefonica eyes $2.2 billion sales boost from strategic overhaul
Spain’s Telefonica said it would separate parts of its Latin America business and regroup cybersecurity and cloud computing activities under a plan aimed at generating more than 2 billion euros ($2.20 billion) a year in extra revenues by 2022. Along with its peers, Europe’s fourth-largest telecoms company is struggling to achieve solid profit growth and has seen its share price touch its lowest level in more than two decades amid increasingly tough market conditions. “The model is tired out so we need to reinvent ourselves,” Alvarez-Pallete told a news conference on Wednesday called unexpectedly after a board meeting …read more […]
Business News
Boeing 777X fuselage split during September stress test: Seattle Times
The fuselage of Boeing Co’s upcoming 777X aircraft was split by a high-pressure rupture just as it approached its target stress level during a test in early September, the Seattle Times reported on Wednesday.
Trading Ideas
Skrill Extends Footprint with New Crypto-to-Crypto Feature
Skrill has announced a new crypto-to-crypto buy and sell service for its users. After launching a fiat-to-crypto on-ramping feature for users of its payment platform last year, this latest move represents a further reach into the cryptocurrency space for the London-based payments firm. With the introduction of crypto-to-crypto transfers, Skrill users will have access to […] …read more […]
Business News
Exclusive: AB Inbev explores options for packaging ops – sources
Anheuser-Busch InBev , the world’s largest brewer, is exploring options for its packaging activities as it streamlines its portfolio and focuses on its core beverage business, sources close to the matter said.
Trading Ideas
6 LNG Investments to Tap Into
The global liquefied natural gas (LNG) sector is poised for major growth over the next several decades.
The U.S. alone is expected to add almost 7.06 trillion cubic feet (Tcf) to global production by 2025.
Not surprisingly, the bulk of it will come from existing shale plays. U.S. producers will turn nearly half of U.S. domestic production (37.1 Tcf) into LNG for export.
Additionally, half of all new global gas growth will come from American shale wells.
Production growth from shale wells increases by nearly 4% annually. That’s four times faster than conventional gas wells.
Even with all this new shale gas production, U.S. producers …read more […]
Business News
Factbox: From Madison Square Garden to Alibaba, Silver Lake’s $43 billion empire
U.S. private equity firm Silver Lake has bought a 10% stake in Manchester City’s Abu Dhabi-controlled owner, adding to its $43 billion worth of investments which include the world’s best-known sports venues and teams as well as technology companies.
Business News
Factbox: Ownership of leading European soccer clubs
The Abu Dhabi-controlled soccer group that owns Manchester City has agreed to sell a $500 million stake to U.S. private equity firm Silver Lake, making it the world’s most valuable soccer group with a $4.8 billion price tag.
Business News
Facebook must face data breach class action on security, but not damages: judge
A federal judge said up to 29 million Facebook Inc users whose personal information was stolen in a September 2018 data breach cannot sue as a group for damages, but can seek better security at the social media company after a series of privacy lapses.
Business News
Robust data, trade deal hopes push Wall Street to record levels
Wall Street’s main indexes notched fresh record highs on Wednesday, as data pointed to a resilient domestic economy and investors remained optimistic about a resolution to the U.S.-China trade war.
Trading Ideas
Foot Locker: Hold On To This Yield Play
After a couple of bad quarters, the retailer has finally delivered a decent result, stabilizing the stock price as its dividend and buyback yield continues to be phenomenal. Continue reading… …read more […]
Trading Ideas
Barclays’s Jenkins Says Bank Didn’t Try to Hide Qatari Fees
(Bloomberg) — When Qatari officials demanded higher fees in exchange for saving Barclays Plc during the 2008 financial crisis, investment banking head Bob Diamond led the resistance, former bank executive Roger Jenkins said.Jenkins is in court with ex-colleagues Tom Kalaris and Richard Boath, charged with disguising payments made to Qatar for a 4 billion-pound ($5 billion) capital injection as advisory service agreements. The men deny the charges.The investment was crucial to allowing Barclays to avoid a U.K. government bailout amid the credit crisis. Hussain Al-Abdulla, an adviser to Qatar’s prime minister Sheikh Hamad bin Jassim Al Thani, demanded fees of …read more […]
Trading Ideas
Here is What Hedge Funds Think About Constellation Brands, Inc. (STZ)
Does Constellation Brands, Inc. (NYSE:STZ) represent a good buying opportunity at the moment? Let’s quickly check the hedge fund interest towards the company. Hedge fund firms constantly search out bright intellectuals and highly-experienced employees and throw away millions of dollars on satellite photos and other research activities, so it is no wonder why they tend […] …read more […]