Month: September 2020

Today we’ll do a simple run through of a valuation method used to estimate the attractiveness of The Walt Disney… …read more […]

Moderna (MRNA) has taken the rare step of publishing the clinical protocols for its late-stage Covid-19 vaccine trials. The company also announced that it is planning to produce roughly 20M doses of its vaccine candidate, mRNA-1273, this year.According to the published protocol, Moderna is carrying out a Phase 3, randomized, stratified, observer-blind, placebo-controlled study to evaluate the efficacy, safety and immunogenicity of mRNA-1273 against the SARS-CoV-2 vaccine in adults aged 18 and over.The study will target adults who have no known history of SARS-CoV-2 infection but whose locations or circumstances put them at risk of catching the virus.Its primary endpoint …read more […]

Salesforce CEO Marc Benioff has announced that the software giant will add 4,000 jobs over the next 6 months and 12,000 over the next year.“Join our 54K employee strong Ohana defining the future of software. Salesforce is the world’s fastest growing Top 5 enterprise software company” Benioff wrote on Twitter, adding that potential candidates should start sending in their resumes.Only a few weeks ago Salesforce (CRM) had disclosed its intention to cut 1,000 jobs, giving employees 60 days to find a new role in the company.That was despite Benioff previously telling Twitter that CRM would refrain from significant layoffs for …read more […]

Here’s a review of stories that Rigzone’s downstream readers found interesting this past week. …read more […]

Is it possible to retire by 40? Ask people where they’ll be in their career at age 40 and most people will tell you that’s when they plan on hitting their stride. By 40, most people have been on their career path for 10-20 years. They’re starting to get high up in a company and may have a little bit of savings to show for their hard work. What they’re not thinking about is how to retire by 40.
But why not? Why is it so outlandish to ponder retirement in the prime of life? Is it really even possible to …read more […]

A look at the shareholders of Alpha Pro Tech, Ltd. (NYSEMKT:APT) can tell us which group is most powerful. Insiders… …read more […]

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If you’re paying too much for your cable bill, there are plenty of ways you can save money. …read more […]

The biotech sector has received a lot of attention and hype lately because of the COVID-19 pandemic. The outbreak has highlighted the importance of science in advancing the course of humanity. Investors have been taking notice and are making investment choices. There has been a lot of activity in the biotech sector, most especially as […] …read more […]

Demand for Tesla‘s vehicles in China has been a key part of the story for its stock. Now one analyst has increased his price target, saying he believes Tesla’s production and demand trajectory in China” is “robust and stronger than expected” for the third quarter. Tesla stock price target to $475 for China demand Wedbush analyst […] …read more […]

(Bloomberg) — The last time Elon Musk held a Tesla Inc. briefing similar to the battery day event he’ll host this week, he boasted about his track record of following through on big promises.“All these things, I said we would do them, we did it,” Musk said during Tesla’s April 2019 autonomy day. “Only criticism—and it’s a fair one—is sometimes I’m not on time. But I get it done and the Tesla team gets it done.”The chief executive officer was right in some respects and candid in nodding to the times it took Tesla longer than he predicted to bring …read more […]

Oracle will take a 12.5% stake in TikTok Global and store all its U.S. user data in its cloud to comply with U.S. national security requirements, the companies said on Saturday. Retail giant Walmart said it would take a 7.5% stake. …read more […]

(Bloomberg) — Skyrocketing gold is providing a welcome windfall to the mining industry, but it’s also attracting a broader base of investors who are demanding greater attention to environmental, social and governance topics.Interest in ESG issues has moved to the forefront in conversations with stakeholders in the past year, top executives said in the run-up to the Denver Gold Group’s Americas conference, a key annual event in the precious-metals world. Such talks come as investors snap up billions of dollars in stock offerings from once-shunned gold miners.Generalists are looking at bullion because of the high prices and “the strong argument …read more […]

(Bloomberg) — China’s ByteDance Ltd. is seeking a valuation of $60 billion for TikTok as Oracle Corp. and Walmart Inc. take stakes in the short-video app’s business to address U.S. security concerns, according to a person familiar with the matter.Oracle and Walmart have rights to buy 12.5% and 7.5% respectively of a newly established TikTok Global under an agreement that won the approval of President Donald Trump, the person said, asking not to be named discussing private negotiations. The two companies would pay a combined $12 billion for their stakes if they agree to that asking price.The final valuation had …read more […]

The pandemic-led slowdown in several businesses was expected to severely drag down FedEx and United Parcel due to lower B2B (business-to-business) shipments. But social distancing restrictions and the temporary closure of retail stores caused an unprecedented rise in e-commerce sales, which in turn boosted the demand for FedEx and UPS. Prior to the pandemic, Fedex projected that the US domestic market would touch 100 million packages per day by 2026. But now the company predicts that the US domestic parcel market will hit this mark as soon as 2023.FedEx and UPS are now gearing up for the holiday season, which …read more […]