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Trading Ideas

Arizona’s Medical Cannabis Success Story

There are markets out there humming along.
Despite years of success, they go largely unnoticed.
They don’t grab headlines, earn fanfare or draw the attention of table-pounding cheerleaders.
Nonetheless, they keep chugging along.
Well, today, I’m going to share a chart with the data that finally ignited a market frenzy in 2019.
After years of under-the-radar growth and hundreds of millions in sales, companies finally woke up to this market’s true potential. And the race for dominance was on.
In 2011, Arizona became the 14th state to legalize medical cannabis.
That makes it an old dog in this nascent industry.
The state’s medical market is overlooked by many, …read more […]

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Alstom to Buy Bombardier Train Unit for Up to $6.7 Billion

(Bloomberg) — French train maker Alstom SA agreed to buy the rail unit of Bombardier Inc. for as much as 6.2 billion euros ($6.7 billion) to almost double in size, as the Canadian firm offloads assets following a costly expansion in aerospace.Alstom, based in Saint-Ouen, near Paris, will pay as little as 5.8 billion euros in the cash-and stock transaction outlined in a memorandum of understanding, according to a statement Monday. The acquisition is likely to add to earnings per share within two years and generate as much as 400 million euros in annual savings for Alstom within five years.Combining …read more […]

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Cruise Travel Risks Remain ‘Manageable’ Despite Virus, WHO Says

(Bloomberg) — Cruise ship travel remains a “manageable risk” for now, and it doesn’t make sense to recommend a ban on it, the World Health Organization said, even as the return home of 3,000 travelers from two coronavirus-stricken cruise ships fuels fears of further contagion.“People say we should steer clear of cruise ships, or steer clear of airports or steer clear of certain ethnic groups,” Mike Ryan, executive director of the WHO’s Health Emergencies Program, said at a press briefing Monday at the organization’s Geneva headquarters. “We have to be really careful” of such suggestions. “We need an approach to …read more […]

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Simple Interest Calculator

Being able to calculate simple interest is key to your financial literacy. The simple interest calculator below will help determine the amount of interest charged on a loan, fixed deposit or savings account over a specific period of time. In other words, it is used to calculate monthly payments that are simple interest-only.

Simple Interest Calculator

How The Simple Interest Calculator Works

The simple interest calculator includes fields for:

Loan Amount (in Dollars) – Put the amount borrowed into the area marked “loan amount.”
Interest % – The “interest” field is where you should put the simple interest rate.
Payment (Months or Years) – The result …read more […]