Year: 2020

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Trading Ideas

Is Disney a “Buy” Right Now?

May 14, 2020 admin Comments Off on Is Disney a “Buy” Right Now?

It’s a whole new world out there…
I never thought we’d see a global pandemic of this scale. And for a while, I couldn’t see the light either.
But it’s the circle of life. Stocks rise and fall. Markets crash and are reborn.
And sometimes – amid all the panic – investors are able to pick up super-cheap shares of iconic, trailblazing companies…
Like The Walt Disney Company (NYSE: DIS).
And today, I’m going to explain why I think the House of Mouse is still a “Buy.”
Into the Unknown
I’ve learned a lot of valuable lessons since I started investing.
An important one is “Be prepared.”
So when …read more […]

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Business News

Trump says he doesn’t want to talk to Xi right now, could even cut China ties

May 14, 2020 admin Comments Off on Trump says he doesn’t want to talk to Xi right now, could even cut China ties

U.S. President Donald Trump signaled a further deterioration of his relationship with China over the novel coronavirus, saying he has no interest in speaking to President Xi Jinping right now and going so far as to suggest he could even cut ties with the world’s second largest economy.

…read more […]

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Trading Ideas

Applied Materials misses on Q2 earnings, says underlying demand remains robust

May 14, 2020 admin Comments Off on Applied Materials misses on Q2 earnings, says underlying demand remains robust

Applied Materials released its second quarter earnings report after hours on Thursday, missing investors’ expectations on both top and bottom lines. The company offered no guidance for its third quarter, but did acknowledge that the demand for its equipment and services remained ‘robust.’ Yahoo Finance’s Myles Udland breaks down the company’s earnings report on The Final Round. …read more […]

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Bank of America’s $1 Billion Virus Bond Breaks New Ground for U.S. Banks

May 14, 2020 admin Comments Off on Bank of America’s $1 Billion Virus Bond Breaks New Ground for U.S. Banks

(Bloomberg) — Bank of America Corp. priced a $1 billion bond issue to fund Covid-19 relief efforts. It’s the first sale from a U.S. financial institution that explicitly links all proceeds to tackling the virus, Bloomberg data show.The Charlotte, North Carolina-based lender sold fixed-to-floating rate notes to fund investments addressing social issues related to the pandemic, according to a person with knowledge of the matter. The bonds will yield 1.30 percentage points above Treasuries, said the person, who asked not to be identified as the details are private. Bank of America is sole manager of the bond sale.Borrowers globally have …read more […]

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Business News

Trump says doesn’t want to talk to Xi right now, could even cut China ties

May 14, 2020 admin Comments Off on Trump says doesn’t want to talk to Xi right now, could even cut China ties

U.S. President Donald Trump signaled a further deterioration of his relationship with China over the novel coronavirus, saying he has no interest in speaking to President Xi Jinping right now and going so far as to suggest he could even cut ties with the world’s second largest economy.

…read more […]