Trading Ideas
Month: February 2020
Trading Ideas
Richard Pzena Trims Walmart, Merck Positions
Guru’s largest sales of the 4th quarter Continue reading… …read more […]
Business News
U.S. lawmaker calls for ouster of CalPERS CIO over China ties: letter
A U.S. Republican lawmaker on Wednesday urged California to fire the chief investment officer of its public pension fund, the nation’s largest, citing what he called the CIO’s “long and cozy” relationship with Beijing, and assailed the fund’s investments in Chinese companies.
Business News
MGM Resorts withdraws 2020 financial targets on coronavirus hit
MGM Resorts International withdrew its forecast for 2020 on Wednesday, as it assesses the fallout of the coronavirus epidemic on its business.
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Diamond Princess cruise passenger speaks out on coronavirus quarantine: 'It's heartbreaking'
Sarah Arana, a quarantined passenger onboard Diamond Princess, told Yahoo Finance that those on board “don’t know what’s happening.” …read more […]
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Sprint-T-Mobile Merger: Creating Long-Term Shareholder Value
Sprint shares skyrocket on T-Mobile merger approval Continue reading… …read more […]
Business News
Pentagon set to back Huawei restrictions: Politico
The Pentagon is likely to back restrictions to Huawei Technologies, reversing earlier opposition to a proposal meant to further crack down on U.S. exports to the blacklisted Chinese technology company, Politico reported on Wednesday.
Business News
MGM Resorts CEO Jim Murren to step down before contract ends
MGM Resorts International’s Chief Executive Officer Jim Murren will step down before completing his contract, the U.S. casino operator said on Wednesday.
Trading Ideas
Tesla recalls 15,000 Model X SUVs for power steering issue in North America
Tesla Inc is recalling 15,000 Model X SUVs because of a potential issue that can lead to a loss of power steering assist that could make steering harder and increase the risk of a crash. The National Highway Traffic Safety Administration (NHTSA) and Transport Canada said aluminium bolts that attach the electric power steering gear assist motor to the gear housing may corrode and break causing a reduction or complete loss of power steering assist in some 2016 model year vehicles. NHTSA said there are no known crashes or injuries associated with the issue. …read more […]
Business News
Tesla recalls 15,000 Model X SUVs for power steering issue in North America
Tesla Inc is recalling 15,000 Model X SUVs because of a potential issue that can lead to a loss of power steering assist that could make steering harder and increase the risk of a crash.
Trading Ideas
Tesla recalls 15,000 Model X SUVs for power steering issue in North America
Tesla Inc is recalling 15,000 Model X SUVs because of a potential issue that can lead to a loss of power steering assist that could make steering harder and increase the risk of a crash. The National Highway Traffic Safety Administration (NHTSA) and Transport Canada said aluminum bolts that attach the electric power steering gear assist motor to the gear housing may corrode and break causing a reduction or complete loss of power steering assist in some 2016 model year vehicles. NHTSA said there are no known crashes or injuries associated with the issue. …read more […]
Trading Ideas
Will This 6.34% Yielder Keep Shareholders Entertained?
Many Wealthy Retirement readers have asked for a breakdown of EPR Properties (NYSE: EPR)… and I’m here to deliver.
EPR is a real estate investment trust (REIT) that buys and develops entertainment-related properties. These include movie theaters, ski and golf complexes, and water parks.
The company uses long-term triple-net agreements, in which it buys a property and then leases it back to the original owner.
This structure benefits EPR because it places cost burdens, like property taxes, insurance and maintenance, on the tenants.
Tenants then have an incentive to renovate thanks to the long-term leases.
In fact, the average remaining lease term on EPR properties …read more […]
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