On Wednesday, the Financial Times reported that AstraZeneca was considering restarting its vaccine trial, only a day after they paused it following a patient falling ill. This comes as Pfizer and BioNTech have reportedly completed their deal with the European Union. Yahoo Finance’s Anjalee Khemlani breaks down the latest news about the coronavirus on The Final Round. …read more […]
The retailer told a Texas bankruptcy court Wednesday that it agreed to a tentative deal toward a sale that would keep its doors open. …read more […]
Weekly Yahoo Finance tech commentary and analysis plus highlight of top industry news and features. …read more […]
(Bloomberg) — Apple Inc. has developed masks that the company is beginning to distribute to corporate and retail employees to limit the spread of Covid-19.The Apple Face Mask is the first created in-house by the Cupertino, California-technology giant for its staff. The other, called ClearMask, was sourced elsewhere. Apple previously made a different face shield for medical workers and distributed millions of other masks across the health-care sector.Apple told staff that the Face Mask was developed by the Engineering and Industrial Design teams, the same groups that work on devices such as the iPhone and iPad. It is made up …read more […]
(Bloomberg) — J.C. Penney Co.’s lenders have agreed to team up with mall landlords Simon Property Group Inc. and Brookfield Property Partners to buy the bankrupt chain of department stores.The tentative rescue deal, which would preserve about 70,000 jobs, includes a $300 million equity investment by the landlords, a lawyer for J.C. Penney said at a Wednesday bankruptcy hearing in Texas.The Wall Street Journal reported earlier that the deal is valued at about $800 million, with the mall owners taking about 490 of the chain’s 650 stores. Lenders would swap some of their debt for control of another 160 locations …read more […]
How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […] …read more […]
President Donald Trump could have rescued American small businesses, but he didn’t, says columnist Rhonda Abrams. …read more […]
You may have heard the phrase “common stock” thrown around and wondered what it is. Well, common stock is what most people think of when they think of a stock. A share of common stock represents a share of ownership in a corporation. As a result, the more shares a person owns, the larger a stake they own in the company as well.
Investors and traders buy shares of common stock in the hopes of earning a positive return on their investment. They can do this through capital appreciation or through the payment of dividends.
In addition, owning shares of common stock …read more […]
Billionaire David Tepper is an enormously successful hedge fund manager. For a very long time his long/short equity hedge fund delivered annualized returns of 30% or more after fees. There are only a few hedge fund managers who were able to accomplish this and most of them are billionaires today. We analyzed the performance of […] …read more […]
The rapid global race to develop a coronavirus vaccine hit its first major hurdle, as frontrunner AstraZeneca paused its Phase 3 trial in the U.K. …read more […]
Gold has proven to be a sound investment for millennia. And in modern times, that’s especially true when financial markets are experiencing turbulence. But jewelry and bricks of gold aren’t the only way to get a piece of the action. That’s why we’ve put together this simple four-part tutorial on how to buy gold stocks.
First, let’s start with a quick history lesson. Gold has a long record of being used as currency. But even before the ancient Kingdom of Lydia began using gold coins as money (sometime around 700 B.C.), it was a symbol of wealth for the Egyptians. Because …read more […]
In this article we are going to estimate the intrinsic value of Zscaler, Inc. (NASDAQ:ZS) by projecting its future… …read more […]
One Wall Street analyst puts forth a staggering valuation on GM’s electric vehicle business. …read more […]
Broadcom Inc. (NASDAQ:AVGO) saw a decent share price growth in the teens level on the NASDAQGS over the last few… …read more […]
Tiffany & Co. has a bleak short-term outlook as it moves on from its takeover deal from LVMH. …read more […]
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