Southwest Airlines Co. (NYSE:LUV) just released its quarterly report and things are looking bullish. Revenues and… …read more […]
(Bloomberg) — China is reconsidering its strategy for the internationalization of yuan after completing a comprehensive review recently, according to a senior central bank official.“As everybody knows in the past, the internationalization of the RMB sticks to the market principles,” Zhu Jun, director general of the People’s Bank of China’s international division, said at the Bund Summit in Shanghai on Saturday. “The role of the authorities was mainly focused on removing the policy obstacles for the free use of the currency. At this moment, we think there are some kind of complications of the domestic and overseas situations.”Zhu said going …read more […]
There’s been a notable change in appetite for Kimberly-Clark Corporation (NYSE:KMB) shares in the week since its… …read more […]
Align Technology, Inc. (NASDAQ:ALGN) investors will be delighted, with the company turning in some strong numbers with… …read more […]
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we’ll… …read more […]
There’s been a major selloff in CyberOptics Corporation (NASDAQ:CYBE) shares in the week since it released its… …read more […]
Freeport-McMoRan Inc. (NYSE:FCX) investors will be delighted, with the company turning in some strong numbers with its… …read more […]
Regular readers will know that we love our dividends at Simply Wall St, which is why it’s exciting to see Carrier… …read more […]
The Root IPO is finally here after months of speculation. Known for its goal to disrupt the auto insurance industry, the company is bringing Root stock to the market. And after the success of one of its biggest competitors, investors want in on the action.
But is Root a good investment opportunity? Here’s what we know…
Root IPO: The Business
Alex Timm and Dan Manges co-founded Root in 2015. It’s a technology company focusing on modernizing personal insurance. Timm worked at his father’s agency as a teenager and developed a love for the insurance business. Manges is the former CTO of Braintree, which …read more […]
Get the most from your retirement savings in these affordable places outside the U.S. …read more […]
(Bloomberg) — The Bitcoin hype machine is back in overdrive.The digital token spiked above $13,000 this week for the first time in over a year, touching off Twitter dance parties, new sky-high predictions and even some tattoo flashing. Back are proclamations that crypto is the currency of the future, that the dollar’s days are numbered and blockchain will reorder the financial universe.A mid-week announcement that PayPal Holdings Inc. will allow transactions in crypto set off the craze, adding about $19 billion to Bitcoin’s value over the following two days. It was the latest in a series of mainstream acknowledgments that …read more […]
Pricing for Chinese fintech giant Ant Group’s giant dual-listing was determined on Friday night, Alibaba founder Jack Ma said on Saturday. It is the first time pricing of the initial public offering, which sources have said could be a world record $35 billion, has been determined outside New York, he told the Bund Summit in the eastern financial hub of Shanghai. Backed by Chinese e-commerce giant Alibaba, Ant plans to list simultaneously in Hong Kong and on Shanghai’s STAR Market in the coming weeks. …read more […]
The mammoth dual listing for Chinese fintech giant Ant Group will be the world’s biggest, according to a pricing determined on Friday night, Alibaba founder Jack Ma said on Saturday. “It’s the first time that the pricing of such a big listing – the largest in human history – has been determined outside New York City” he told the Bund Summit in the eastern financial hub of Shanghai. Backed by Chinese e-commerce giant Alibaba, Ant plans to list simultaneously in Hong Kong and on Shanghai’s STAR Market in the coming weeks. …read more […]
(Bloomberg) — A group of creditors to J.C. Penney Co. is seeking to slow the sale of the bankrupt retailer’s real estate to another group of lenders, saying that it provides the buyers an undeserved windfall and reeks “of not only greed but abhorrent bad faith.”The objecting creditors, led by Aurelius Capital Management, say they submitted a $750 million competing bid for J.C. Penney’s properties that would provide $600 million more to the bankrupt estate and more evenly distribute proceeds among creditors. They’re asking Judge David Jones to order a separate process for the property sale to the so-called DIP …read more […]
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