Trading Ideas
Month: January 2020
Trading Ideas
Influencers Transcript: Michael Rubin, January 9, 2020
Yahoo Finance Editor-in-Chief Andy Serwer sits down with Kynetic Founder & CEO, Fanatics Executive Chairman, and Philadelphia 76ers Co-Owner, Michael Rubin. …read more […]
Business News
Lebanon imposes travel ban on ex-Nissan boss Ghosn: judicial source
A Lebanese prosecutor imposed a travel ban on former Nissan boss Carlos Ghosn on Thursday, a judicial source said, after he was summoned over an Interpol warrant issued by Japan seeking his arrest on financial misconduct charges.
Business News
Ghosn is “very comfortable” with judicial path in Lebanon: lawyer
Former Nissan boss Carlos Ghosn is very comfortable with the judicial path in Lebanon, a lawyer for him said on Thursday, after he was questioned over an Interpol warrant issued by Japan seeking his arrest on financial misconduct charges.
Business News
Democratic lawmaker rebukes Wells Fargo rebate request
Democratic Representative Katie Porter, a first-term lawmaker known as a tough Wall Street critic, accused Wells Fargo & Co of passing on costs associated with its wide-ranging scandals to third parties, in a scathing letter sent to the bank’s new chief executive on Thursday.
Trading Ideas
Democratic lawmaker rebukes Wells Fargo rebate request
“These small businesses played no role in the misdeeds committed by the Bank,” Porter, who serves on the House of Representatives Financial Services Committee, said in the letter to Wells Fargo Chief Executive Charlie Scharf. Asking for a rebate and linking it to higher costs due to regulatory backlash goes against the intent of regulator actions, Porter said. Porter requested that Wells Fargo refund the rebates by Jan. 30. …read more […]
Trading Ideas
Is Evolution Gaming Group AB (publ)'s (STO:EVO) ROE Of 55% Impressive?
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like… …read more […]
Business News
Ahead of U.S. election, Facebook gives users some control over how they see political ads
Facebook Inc said on Thursday it was making some changes to its approach to political ads, including allowing users to turn off certain ad-targeting tools, but the updates stop far short of critics’ demands and what rival companies have pledged to do.
Trading Ideas
Saudi Aramco Props Up Slumping Middle East Energy Debt Market
(Bloomberg) — Gulf Arab energy companies took on marginally more total debt in 2019 compared with the previous year, but the increase was skewed by a surge in borrowing by Saudi Aramco and its refining joint venture.Excluding new Saudi loans and bonds of $15.6 billion, energy-company debt in the oil-rich region tumbled by two-thirds, according to data compiled by Bloomberg.Lending was particularly sluggish in the second half of 2019, when these companies borrowed just $5.5 billion — the lowest level in three years. Aramco’s majority-owned Satorp refinery venture alone accounted for $3.6 billion of all second-half debt.Energy companies in the …read more […]
Business News
Lebanon imposes travel ban on Ghosn after questioning over warrant: judicial source
A Lebanese prosecutor imposed a travel ban on former Nissan boss Carlos Ghosn on Thursday, a judicial source said, after he was questioned over an Interpol warrant issued by Japan seeking his arrest on financial misconduct charges.
Business News
EU resumes probe into Boeing-Embraer deal, sets new April 30 deadline
The European Union’s antitrust regulators have resumed their investigation into Boeing’s deal to buy the commercial arm of Brazil’s Embraer , according to a filing posted on the EU’s website on Thursday.
Business News
Lebanese investigators finish questioning Ghosn, file referred to prosecutor: judicial source
Lebanese investigators finished questioning former Nissan boss Carlos Ghosn on Thursday, a judicial source said, after he was summoned over an Interpol warrant issued by Japan seeking his arrest on financial misconduct charges.
Business News
Mercedes-Benz poised to clinch premium sales crown for 2019
Daimler sold 2.34 million Mercedes-Benz passenger cars in 2019 for a ninth consecutive year of record sales, it said on Thursday, putting the German carmaker in pole position to retain the title of biggest-selling premium car brand.
Business News
Oil edges higher after previous day’s plunge
Oil prices edged higher on Thursday, clawing back some of the sharp losses made in the previous session on the back of easing fears of an escalation in the conflict between the United States and Iran and swelling U.S. crude stocks.
Business News
Factbox: A look at British Airways-owner IAG’s new first-in-command
Willie Walsh, the chief executive of British Airways-owner IAG , will step down from the airlines group he helped to build later this year and hand the reins to Luis Gallego.