
Why Investors Shouldn't Be Surprised By Momo Inc.'s (NASDAQ:MOMO) Low P/E
When close to half the companies in the United States have price-to-earnings ratios (or “P/E’s”) above 19x, you may… …read more […]
When close to half the companies in the United States have price-to-earnings ratios (or “P/E’s”) above 19x, you may… …read more […]
We’ve lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly… …read more […]
(Bloomberg) — Ashok Soota, a pioneer of India’s information technology services industry, has headed three outsourcing companies including one of the nation’s largest, Wipro Ltd., and taken two of them public.The second was this week when the initial public offering of his latest startup, Happiest Minds Technologies Ltd., was oversubscribed 151 times. The IPO got bids for 3.51 billion shares versus the 23.3 million on offer, ranking it among India’s most successful first-time share sales of this decade.“The IPO got a boost from the credibility of the founder,” said Abhimanyu Sofat, head of research at IIFL Securities Ltd. in Mumbai. …read more […]
Physical gold dealers in India were forced to offer discounts for a fourth straight week as bullion remained unattractive for most retail consumers. In India, the second-biggest buyer after China, demand took a further hit due to the start of ‘Shradh’, a two-week period considered inauspicious to buy gold and other assets. Local gold futures traded around 51,445 rupees per 10 grams on Friday, having hit an all-time high of 56,191 rupees last month. …read more […]
A look at the shareholders of Intra-Cellular Therapies, Inc. (NASDAQ:ITCI) can tell us which group is most powerful… …read more […]
Lakeland Industries, Inc. (NASDAQ:LAKE) defied analyst predictions to release its quarterly results, which were ahead… …read more […]
With the business potentially at an important milestone, we thought we’d take a closer look at BioNTech SE’s… …read more […]
A wave of consolidation is underway in Canada’s Montney oil and gas region as small companies struggling to weather the impact of coronavirus on the energy industry sell their holdings in what just a few years ago was a booming patch. Lockdowns and sharp contractions in economic activity have hammered global oil demand in 2020, pushing prices so low that producers worldwide have made record output and spending cuts. Canada, the world’s fourth-largest oil and gas producer, was already struggling as investors and foreign companies left to invest in production elsewhere that is cheaper and less carbon-intensive. …read more […]
The investment “advisory” industry is a huge multibillion-dollar business based on hard work, clever thinking and sophisticated algorithms. But it’s also based on one teensy-weensy lie.
The lie is that you can grow wealthy by investing in a combination of stocks and bonds.
It’s not a big black lie. Because it’s sort of true… can be true… has been true… in certain circumstances.
But the truth is that there are many ways to grow your wealth – including some that will give you better returns with equal or even less risk.
When you limit your investing to stocks and bonds, the best you can …read more […]
Last week, you might have seen that Ciena Corporation (NYSE:CIEN) released its quarterly result to the market. The… …read more […]
(Bloomberg) — For eight years, Prime Minister Shinzo Abe has been looking for ways around Japan’s pacifist constitution to bolster the country’s military. And in his last full week on the job, he laid the groundwork for a plan to allow preemptive strikes on enemy bases.Abe’s statement on missile defense Friday leaves a big piece of unfinished business for his top aide and likely successor, Yoshihide Suga. While few expect the long-time chief cabinet secretary to share Abe’s zeal for amending the constitution, he’ll be confronted with the same dilemma of how to counter growing threats from China and North …read more […]
(Bloomberg) — The U.S. government is paying less as it borrows more, one reason investors appear more comfortable than Congress about funding another leg of stimulus.Interest payments in the federal budget declined about 10% in the first 11 months of this fiscal year, when America was running up its biggest deficit since World War II. Over the next few years, servicing the national debt will be cheaper than any time in the past half-century when measured against the size of the economy, according to the Congressional Budget Office.That’s because yields in the $20 trillion U.S. Treasury market plunged to record …read more […]
The Boeing Co (NYSE: BA) has disclosed yet another manufacturing defect in 787 Dreamliner jets, which takes the tally of flaws to four in recent weeks, Bloomberg reported Thursday.What Happened: The latest issue is a small depression near the areas where the jet’s vertical fin comes together with its fuselage, which the manufacturer says it discovered late last year, according to Bloomberg.The aerospace giant reportedly claims the latest issue will not affect flight safety and it has already resolved it in its production process.”Our expectation is that this will require a one-time inspection during regularly scheduled maintenance,” the company said …read more […]
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