Month: September 2020

Let’s take a look at key factors that are underpinning the momentum in the company’s gaming segment this year. …read more […]

The Federal Energy Regulatory Commission wants the bankruptcy court to reject Chesapeake’s request to cancel a nearly $300 million pipeline contract. …read more […]

Yahoo Finance’s Tech Editor Dan Howley give a sneak peak at what to expect from Apple’s lineup of fall products. …read more […]

Pershing Square Capital Management recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of 28.9% during the first half of 2020, outperforming its benchmark, the S&P 500 Index which returned -3.1% in the same period. You should check out Pershing Square’s top 5 stock […] …read more […]

EMERYVILLE, Calif., Sept. …read more […]

The first trading day of September will be a test of how much the previous month’s momentum will carry over during what’s usually a rocky month for stocks. …read more […]

WATERLOO, ON, Sept. 1, 2020 /CNW/ — BlackBerry Limited (NYSE: BB; TSX: BB) today announced that its BlackBerry® Unified Endpoint Manager (UEM) software has achieved Department of Defense Information Network (DoDIN) approval as a Mobile Device Management (MDM) solution. …read more […]

(Bloomberg) — Schlumberger Ltd., the world’s largest oilfield services company, agreed to sell its U.S. fracking business to a smaller rival following a collapse in demand.Schlumberger said Tuesday its OneStim unit will be combined with Liberty Oilfield Services Inc. in exchange for a 37% stake in the smaller company valued at about $448 million.OneStim helps customers extract oil and gas from shale wells. Demand for its services has contracted rapidly this year following the slump in global oil prices amid the effects of the Covid-19 pandemic. In July, Schlumberger described the decline in the unit’s sales as “precipitous,” contributing to …read more […]

(Bloomberg) — Tesla Inc. plans to sell as much as $5 billion of shares, capitalizing on its high-flying stock and on a recent share split that made it more accessible to retail investors.The carmaker will sell the shares “from time to time” through an agreement with several banks, according to a regulatory filing. For more details, see here.Before the new offering, Elon Musk’s company had raised about $14 billion over the past decade through secondary stock offerings, most recently with a $2 billion sale in February. The sales have helped bolster the company’s cash during its transition from a niche …read more […]

The oilfield service giant, whose onshore hydraulic fracturing unit in the United States and Canada includes pressure pumping, pumpdown perforating and Permian frac sand businesses, will hold a 37% stake in the new combined company. Hydraulic fracturing, or fracking, involves injecting sand, water and chemicals underground to crack open rock formations holding natural gas and oil, a technique that led to a boom in U.S. production and a slump in energy prices in 2014. …read more […]

Top news and what to watch in the markets on Tuesday, September 1, 2020. …read more […]

…read more […]

(Bloomberg) — Apple Inc. has asked suppliers to build at least 75 million 5G iPhones for later this year, roughly in line with last year’s launch, in a sign that demand for the company’s most important product is holding up in the midst of the global pandemic and recession.The Cupertino, California-based technology giant anticipates shipments of these next-generation iPhones may reach as high as 80 million units in 2020, according to people familiar with the situation. Apple plans to launch four new models in October with fifth-generation wireless speeds, a different design and a wider choice of screen sizes, said …read more […]

(Bloomberg) — Apple Inc. has asked suppliers to build at least 75 million 5G iPhones for later this year, roughly in line with last year’s launch, in a sign that demand for the company’s most important product is holding up in the midst of the global pandemic and recession.The Cupertino, California-based technology giant anticipates shipments of these next-generation iPhones may reach as high as 80 million units in 2020, according to people familiar with the situation. Apple plans to launch four new models in October with fifth-generation wireless speeds, a different design and a wider choice of screen sizes, said …read more […]