Month: September 2020

TORONTO, Sept. 18, 2020 /CNW/ – Namaste Technologies Inc. …read more […]

It is hard to get excited after looking at Intel’s (NASDAQ:INTC) recent performance, when its stock has declined 16… …read more […]

This week we saw the Curis, Inc. (NASDAQ:CRIS) share price climb by 13%. But spare a thought for the long term… …read more […]

With a net worth of $83 billion, Warren Buffett is the fourth-richest man in America.
Most people know Buffett as a great investor.
Why? Early in his investing career, he realized that there were certain businesses that had strategic advantages – advantages that allowed them to continue to grow bigger every decade, crushing their competition over time. He figured that if he could buy those businesses when the price was right, the market would guarantee him huge, long-term profits.
And that’s exactly what he did.
Berkshire Hathaway, the company Buffett took control of in 1965 to buy such companies, has produced an average 20.3% …read more […]

Baozun Inc. (NASDAQ:BZUN), is not the largest company out there, but it saw significant share price movement during… …read more […]

(Bloomberg Opinion) — My Bloomberg Opinion colleague Michael R. Strain continues to believe in Milton Friedman’s doctrine and argues it has been misunderstood by critics. Read his column here.In the summer of 1982, when I was 29, I was given a front-row seat as Milton Friedman’s famous dictum began to be put into practice.I had recently joined the staff of Texas Monthly, where my first assignment was to profile a man I’d never heard of, T. Boone Pickens Jr., the founder and chief executive officer of Mesa Petroleum in Amarillo, Texas. My timing was spectacular: Pickens was secretly preparing his …read more […]

What underlying fundamental trends can indicate that a company might be in decline? A business that’s potentially in… …read more […]

Philip Morris International Inc. (NYSE:PM) stock is about to trade ex-dividend in 4 days. Investors can purchase… …read more […]

(Bloomberg Opinion) — It seems like a life hack for fixed-income investing.It’s no secret that investors are living in a lower-for-longer interest rate world. In the U.S., this is clear by any number of metrics. The Federal Reserve’s key short-term lending rate is pinned in a range of 0% to 0.25% and isn’t expected to budge for years, at least; the yield on benchmark 10-year Treasury notes is 0.69%, after never falling below 1.32% before 2020; and the Freddie Mac 30-year mortgage rate set a new five-decade low of 2.86% last week. Meanwhile, companies can borrow as cheaply as ever. …read more […]

Top news and what to watch in the markets on Friday, September 18, 2020. …read more […]

(Bloomberg) — Oil is poised for its biggest weekly advance since early June with Saudi Arabia ratcheting up the pressure on OPEC+ members to adhere to the group’s production cuts amid signs demand is faltering.Futures in New York are up almost 11% this week, despite bearish calls on the outlook from industry heavyweights such as BP Plc and Trafigura Group to the International Energy Administration. Saudi Arabia showed its determination to protect the recovery at an OPEC+ committee meeting on Thursday, lambasting members that have cheated on production quotas.Oil has clawed its way back to $41 a barrel this week, …read more […]

Shares of Dave & Buster’s Entertainment tumbled over 26.1% on Thursday, after the Wall Street Journal reported that the company might have to file for bankruptcy if it fails to strike a deal with a lender.Meanwhile, shares of the dining and entertainment company rose 4.8% in the extended trading session as Truist Financial said that investors are overreacting to the news.According to the Wall Street Journal report, Dave & Buster’s (PLAY) is planning to layoff about 1,300 employees across seven US states in a move to cut costs.Truist Financial analyst Jake Bartlett called the share plunge during the regular trading …read more […]

Nvidia Corporation’s (NASDAQ: NVDA) $40 billion acquisition deal of the British semiconductor Arm Ltd. is acting as an accelerant for a smaller market rival.What Happened: Patrick Little, CEO and President of SiFive Inc. in an interview with Reuters claimed that customer interest in their technology is on the rise.Patrick was a former Qualcomm Inc. (NASDAQ: QCOM) executive and was declared the new CEO and President of SiFive on Thursday.SiFive operates in the commercial RISC-V processor business, an open-source chip technology. Reportedly, since his appointment, Little was contacted by many of the company’s customers “asking to work more closely on major …read more […]

Tesla had filed a lawsuit against Martin Tripp, who formerly worked at the Tesla Gigafactory in Nevada, in 2018 claiming that he had admitted to writing software that hacked the carmaker’s manufacturing operating system, transferring several gigabytes of its data to third parties and making false claims to the media. The U.S. district court of Nevada said in its ruling that it will grant Tesla’s motions to seal “because compelling reasons support them, and they are unopposed.” …read more […]

Ericsson has agreed to buy U.S.-based wireless networking company Cradlepoint in a $1.1 billion deal, the Swedish telecoms gear maker said on Friday. The deal, Ericsson’s largest in more than a decade, would give it access to tools that can connect devices using the so-called Internet of Things over a 4G or a 5G network. “We think this will give our customers a chance to generate new income sources within the enterprise segment,” Ericsson finance chief Carl Mellander told Reuters. …read more […]