“We plan to engage directly with HP shareholders to solicit their support in urging the HP Board to do the right thing and pursue this compelling opportunity,” Xerox said in a letter to HP’s board. Last week, Xerox threatened to take its bid hostile, if HP did not agree to a “friendly” discussion and open its books before Monday. Xerox made the offer to HP, a company more than three times its size, on Nov. 5. …read more […]
We are still in an overall bull market and many stocks that smart money investors were piling into surged through November 22nd. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 52% and 49% respectively. Hedge funds’ top 3 stock picks returned 39.1% this year and beat the S&P […] …read more […]
Q3 2019 Qudian Inc Earnings Call – Second Session …read more […]
Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before last year’s Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the […] …read more […]
“The global economic environment is very favorable for investors. Economies are generally strong, but not too strong. Employment levels are among the strongest for many decades. Interest rates are paused at very low levels, and the risk of significant increases in the medium term seems low. Financing for transactions is freely available to good borrowers, […] …read more […]
The U.S. Commerce Department on Tuesday set out a procedure to protect U.S. telecommunications networks and their supply chains from national security threats, saying it would consider whether to bar transactions on a case-by-case basis.
The United States and China are close to a trade agreement, White House adviser Kellyanne Conway said on Tuesday, but three of the biggest sticking points remain.
Volkswagen’s luxury car unit Audi on Tuesday said it would cut one in ten jobs, freeing up billions of euros to fund its shift toward electric vehicle production.
Best Buy Co Inc signaled it expected a strong holiday shopping season by forecasting fourth-quarter profit above Wall Street estimates on Tuesday, sending the shares of the biggest U.S. tech retailer up 5% in premarket trading.
Abercrombie & Fitch Co reported a better-than-expected 3% rise in same-store sales at its flagship brand on Tuesday, but said tariffs would hurt gross profit in the current quarter.
Dollar Tree Inc on Tuesday forecast holiday-quarter profit below Wall Street expectations, as the discount store operator expects a hit from U.S. tariffs on Chinese imports, sending its shares down about 8% before the opening bell.
The most you can lose on any stock (assuming you don’t use leverage) is 100% of your money. But in contrast you can… …read more […]
London Stock Exchange shareholders overwhelmingly backed the exchange’s $27 billion takeover of data and analytics company Refinitiv on Tuesday, a deal designed to broaden LSE’s trading business and make it a major distributor of market data.
(Bloomberg) — A four-day-old coalition government led by the Bharatiya Janata Party collapsed in the western Indian state of Maharashtra after it failed to muster a majority.Chief Minister Devendra Fadnavis resigned in Mumbai, the state’s capital, which is also home to India’s benchmark stock exchange and leading conglomerates, Reliance Industries Ltd. and the Tata group.The latest twist in the state’s ongoing political drama is a setback for Prime Minister Narendra Modi who had backed Fadnavis’ candidacy for the top job as his party laid out its ambition to govern all of India’s states. The BJP found itself in a minority …read more […]
It may not be great to have too many vices. But it sure feels good to profit off of them. Enter: sin stocks.
In the following, I will define what sin stocks are, look at the various sectors under which they fall and take stock of some important ones to watch.
What Are Sin Stocks?
A sin stock is a share of any publicly traded company whose primary business activities are often considered unethical or immoral. For example, many people consider tobacco stocks unethical because firms like Altria (NYSE: MO) directly profit off of people smoking. Smoking, of course, is bad for a …read more […]
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