Month: September 2020

Yahoo Finance’s Emily McCormick joins The First Trade with Alexis Christoforous to discuss what investors are keeping an eye on in early trading, in addition to Caesar’s offer to acquire the betting company William Hill. …read more […]

Caesars was considering offering 272 pence per share and William Hill’s board was inclined to recommend such an offer to shareholders, the companies said on Monday. William Hill shares on Friday surged to more than 312 pence each after it said it had received separate offers from Caesars and buyout group Apollo . Caesars only holds 20% of its U.S. joint venture with William Hill but the business is built on a presence in Caesars casinos and its brand name, which the casino owner said it would have the right to terminate in the event of an Apollo …read more […]

Yahoo Finance’s Andy Serwer joins The First Trade to highlight the link between President Donald Trump, Tesla, and Nikola. …read more […]

A recent New York Times report says that President Donald Trump’s taxes show ‘years of tax avoidance.’ Stefanie Miller, FiscalNote Markets Managing Director, joins Yahoo Finance’s The First Trade with Alexis Christoforous and Brian Sozzi to discuss the implications of the recent New York Times report and what it could mean for the 2020 presidential election. …read more […]

(Bloomberg) — Back in March, long before a short seller would raise questions about electric-truck company Nikola Corp. and hasten its founder’s exit, early investors in the company were expressing concerns of their own.Those investors, led by mutual-fund giant Fidelity Investments, were worried that Trevor Milton, for all his brash visionary talk and Twitter braggadocio, lacked the ability that Elon Musk possesses to deliver these sorts of newfangled products to market. They lobbied successfully to remove him as CEO before the company’s June IPO and for Milton’s father to leave the board, according to people familiar with the matter. When …read more […]

Yahoo Finance’s tech editor Dan Howley joins The First Trade to discuss the latest in the legal battle between TikTok’s parent company ByteDance and the U.S. government. …read more […]

In the first half of 2020, many companies have cut back on their dividend payments, slashing or suspending them to conserve cash against the downturn. That trend appeared to reverse itself – or at least, to start to reverse itself – in August, when 13 companies announced dividend increases while only 2 announced cuts. Is this a signal that Q3 will show rebounding sentiment toward dividend and buyback policies? The recessionary pressure is easing; and dividends are a powerful attractor for cautious investors.Looking at the current situation from Evercore ISI, market strategist Dennis DeBusschere believes the worse is over, saying, …read more […]

VANCOUVER, BC and STUTTGART, Germany, Sept. 28, 2020 /CNW/ – Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced an agreement to collaborate with MAHLE, a leading international development partner and Tier 1 supplier to the commercial vehicle and automotive industry, on the development and commercialization of zero-emission fuel cell systems to provide primary propulsion power in various classes of commercial trucks. …read more […]

Netflix is poised to continue minting money should it raise prices soon, as one analyst projects. …read more […]

The Ballard Power Systems Inc. (TSE:BLDP) share price has had a bad week, falling 12%. But that does not change the… …read more […]

The WW International, Inc. (NASDAQ:WW) share price has fared very poorly over the last month, falling by a substantial… …read more […]

TORONTO, Sept. 28, 2020 /CNW/ – Namaste Technologies Inc. …read more […]

Stock futures jumped Monday morning, following global equities higher, as the major indices looked to recuperate some of their losses over the past several weeks. …read more […]

Ford Motor , which operates two auto plants in Germany, has applied for 500 million euros ($582 million) of German loan guarantees aimed at cushioning the impact of the COVID-19 pandemic, business daily Handelsblatt reported on Monday. While Germany has given coronavirus-related aid to companies such as auto parts supplier Leoni , Ford would be the first major carmaker in the country to receive such help from the government. The auto sector, one of the key pillars of Germany’s industry, was struggling even before the pandemic due to the shift towards electric vehicles and lower worldwide demand. …read more […]

NYSE | TSX: ACB EDMONTON, AB, Sept. 28, 2020 /CNW/ – Aurora Cannabis Inc. …read more […]