Month: August 2020

Greg Hayes became the CEO of Raytheon Technologies Corporation (NYSE:RTX) in 2014, and we think it’s a good time to… …read more […]

Every investor in Teva Pharmaceutical Industries Limited (NYSE:TEVA) should be aware of the most powerful shareholder… …read more […]

The chief financial officer at General Motors, Dhivya Suryadevara, is trading Detroit for Silicon Valley in a surprise departure to join Jack Dorsey’s startup, Stripe. A rising star in the auto sector, Suryadevara became GM’s first female CFO in 2018 at the age of 39, and quickly became a trusted voice for Mary Barra, the first woman to head a major U.S. auto manufacturer. …read more […]

(Bloomberg) — Qualcomm Inc.’s lucrative patent licensing business lives on, after a court rejected a requirement that the company renegotiate billions of dollars worth of agreements with smartphone makers.The chipmaker won a major victory Tuesday in a federal appeals court, which ruled that a judge was wrong to side with the Federal Trade Commission in 2019 in finding that Qualcomm had violated antitrust law. The appeals court also vacated an order that the company redo licensing accords with smartphone makers like Apple Inc. and Samsung Electronics Co. Such licenses generated $4.6 billion in revenue for Qualcomm last year.Qualcomm climbed more …read more […]

Dividend stocks are often a great investment, since they can provide both capital appreciation as well as income. Yet many people don’t know how to invest in dividend stocks.
In this article, we’re going to tackle that question. We’ll also look deeper into why you might want to consider investing in dividend stocks… and some of the pitfalls to watch out for.
We’ll look at strategies specific to dividend stocks and provide resources on how to buy stocks in general. That way, when you’re ready to buy, you’ll know exactly what to do and how to do it.
So let’s get started.

What Are …read more […]

The Wall Street heavyweights and titans of tech, who are they? FAANG stocks. We’re talking about Facebook, Amazon, Apple, Netflix and Google, the giants that make up over 20% of the S&P 500’s market cap. Amid the COVID-19 pandemic, these stocks have experienced remarkable rallies, with the run-ups culminating in record highs. What’s behind this surge? Part of it has to do with the fact that the stay-at-home climate has been good for business. Accelerating the shift to online, e-Commerce, streaming and cloud services have been some of the key beneficiaries of the crisis.However, given this incredible charge forward, …read more […]

It’s all about 2021, says one veteran market strategist. …read more […]

(Bloomberg) — Occidental Petroleum Corp. abruptly halted a year-long effort to sell Algerian oil and gas fields to raise cash for debt payments, saying it now regards them as “core” assets.Occidental had agreed to sell the Algerian holdings, along with a smaller position in Ghana, for around $4.9 billion to Total SE but the French major walked away from the deal in May after the North African country blocked the sale.The Houston-based oil explorer will instead look to offload other assets to cover more than $6 billion of debt due next year, Chief Executive Officer Vicki Hollub said during a …read more […]

After two years as chief financial officer of General Motors, Dhivya Suryadevara is leaving to take the same role with Stripe, an online payments company. …read more […]

Yahoo Finance’s On the Move panel break down today’s ‘Stocks on the Move’: Canada Goose and NIO. …read more […]

A shipping joint venture between Venezuela and China has fallen apart in the wake of U.S. sanctions, resulting in the South American nation losing three supertankers at a time when foreign shippers are reluctant to carry its oil, court documents show. PetroChina Co Ltd, which had been state-run Petroleos de Venezuela’s partner in the Singapore-based joint venture CV Shipping Pte Ltd, took control of the three tankers between January and February, according the documents from a Singapore court reviewed by Reuters. The transfer of the Junin, Boyaca and Carabobo very large crude carriers (VLCC) has not been previously …read more […]

At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […] …read more […]

Latest news and updates and the global coronavirus pandemic. …read more […]

Forager Funds recently released its Q2 2020 Investor Letter, a copy of which you can download here. The International Fund’s 23.3% gain for the quarter took it to a 13.7% positive return for the full financial year, some 10.6% ahead of its benchmark. You should check out Forager’s top 5 stock picks for investors to […] …read more […]

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