Month: August 2020

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$765M Kodak lion halted as deal under regulatory scrutiny

August 10, 2020 admin Comments Off on $765M Kodak lion halted as deal under regulatory scrutiny

Eastman Kodak’s $765 million dollar deal was halted after a report from the Wall Street Journal sparked an SEC investigation into how the company disclosed the deal with the government to the public. Yahoo Finance’s The Final Round panel discuss the details of the probe and what will happen to Kodak’s deal. …read more […]

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3 “Strong Buy” Penny Stocks With Triple-Digit Upside Potential

August 10, 2020 admin Comments Off on 3 “Strong Buy” Penny Stocks With Triple-Digit Upside Potential

Are penny stocks a must-have or a must-avoid? Well, that depends on who you ask. There’s no middle ground when it comes to these tickers trading for less than $5 per share; those on the Street are either fans or harsh critics.Both sides make sense. The naysayers argue that the bargain price is just too good to be true, with it potentially indicating there are problems hiding beneath the surface like weak fundamentals or overwhelming headwinds.However, the investors that are pro-penny stocks just can’t get enough of them. Not only do the low prices mean that you get more bang …read more […]

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Tim Cook Hits Billionaire Status With Apple Nearing $2 Trillion

August 10, 2020 admin Comments Off on Tim Cook Hits Billionaire Status With Apple Nearing $2 Trillion

(Bloomberg) — Nine years after Steve Jobs stepped down and thrust Tim Cook to the top of Apple Inc., the company is more valuable than ever — and so is Cook.Apple’s share price rose almost 5% last week, leaving the company Jobs co-founded 44 years ago in his parents’ California home on the cusp of stock-market milestone: a market value of nearly $2 trillion.It was valued at about $350 billion when Jobs died. Cook, meantime, has joined one of the most elite clubs for CEOs who didn’t actually found the companies they run: his net worth has eclipsed $1 billion, …read more […]

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The Billionaire Trio That Made It Big With Hit Game Free Fire

August 10, 2020 admin Comments Off on The Billionaire Trio That Made It Big With Hit Game Free Fire

(Bloomberg) — David Chen left his native China as a teenager to attend school in Singapore. Little did he know that his adopted city would help him reach the ranks of the ultra-rich.The co-founder of Sea Ltd. is now worth $1.3 billion, joining fellow co-founders Forrest Li and Gang Ye among Singapore’s wealthiest individuals. Their company has thrived during the pandemic thanks to the popularity of battle royale mobile game Free Fire and e-commerce platform Shopee.By far the city-state’s biggest company by market value, Sea didn’t happen by accident. It’s the result of the island’s approach to lure foreign talent …read more […]

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Did Hedge Funds Make The Right Call On ADMA Biologics Inc (ADMA) ?

August 10, 2020 admin Comments Off on Did Hedge Funds Make The Right Call On ADMA Biologics Inc (ADMA) ?

The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […] …read more […]