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Apple must face shareholder lawsuit over CEO Cook's China sales comments

In a decision on Wednesday, U.S. District Judge Yvonne Gonzalez Rogers said shareholders led by a UK pension fund can sue over Cook’s comment on a Nov. 1, 2018, analyst call that while Apple was facing sales pressure in some emerging markets, “I would not put China in that category.” Apple told suppliers to curb production a few days after Cook spoke, and on Jan. 2, 2019, unexpectedly cut its quarterly revenue forecast by up to $9 billion, which Cook blamed in part on pressure on China’s economy from U.S.-China trade tensions. …read more […]

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Why Nautilus (NLS) Stock is a Compelling Investment Case

Greenhaven Road Capital recently released its Q3 2020 Investor Letter, a copy of which you can download here. Greenhaven’s estimated returns for the third quarter totaled approximately +50% net of fees and expenses. August was the best month in the partnership history. The net result is that both funds are up around 55% for the year, […] …read more […]

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Oil Falls With Market Assessing Contested U.S. Election Outcome

(Bloomberg) — Oil edged lower as investors awaited the outcome of the tightly contested U.S. presidential election, with Joe Biden on the brink of claiming a victory.Futures in New York were trading below $39 a barrel after bouncing between gains and losses earlier. While predictions for a split Congress is fueling optimism that there will be no major changes to taxes or regulations that have underpinned an equity bull market, it also raises the likelihood of any post-election virus aid package likely being smaller than initially expected.A demand recovery is much needed in the oil market, which is contending with …read more […]

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President Trump’s path to re-election is getting ’exceptionally narrow’: Fmr. Speaker of the Florida House

Former Vice President Joe Biden’s lead is widening against President Trump as battleground states continue to count votes. Former Speaker of the Florida House and Weatherford Capital Managing Partner Will Weatherford joins Yahoo Finance Live to discuss. …read more […]

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All-or-Nothing Bet on Bristol Drugs Goes Sour as FDA Reviews Lag

(Bloomberg) — The deal sweetener that Bristol Myers Squibb Co. offered as a part of its bid to buy Celgene Corp. plunged after management said U.S. regulators have not scheduled an inspection of a facility that is key for investors to get the $9 all-or-nothing payment.The so-called contingent value right, or CVR, fell as much as 81% to a record low of 65 cents as the sweetener would become worthless if the company’s blood cancer drug lisocabtagene maraleucel isn’t approved in a timely manner.During the company’s quarterly earnings call, management said the U.S. Food and Drug Administration had not yet …read more […]

Spotlight Stocks

Curaleaf Holdings, Inc. (OTC: CURLF) (CSE: CURA) CEO Joe Lusardi:“Executing On All Fronts and Prudently Deploying Capital to Key Markets”

Curaleaf Holdings, Inc. (OTC: CURLF) (CSE: CURA) Q2 2020 Earnings Highlights Joe Lusardi, CEO “…Our second quarter results reflect the strong fundamentals of our underlying business and then tremendous operating leverage inherent in our business […]