Year: 2020

(Bloomberg) — Simon Property Group Inc.’s rescinded $3.6 billion offer to buy rival mall owner Taubman Centers Inc. is going to trial Monday after a months-long dispute sparked by the pandemic.The companies announced a buyout agreement in February, just before Covid-19 hit the U.S., wreaking havoc on retailers and landlords. Simon in June said it was walking away from the deal and sought in court to have it “validly terminated.” Taubman countersued in an effort to force Simon to complete the purchase. Michigan Circuit Court Judge James Alexander will hear the case without a jury and is expected to rule …read more […]

If you’re new to investing or you’re just interested in some cheap stocks, we are here to help. The team here at Investment U keeps a close eye on hot penny stocks to watch on a regular basis and the two below are no exception. As our government continues to further separate itself, the markets have seen impressive gains that could continue for some time.

With that in mind, here are two hot penny stocks to watch this week:
Hot Penny Stocks
IMAC Holdings Inc (Nasdaq: IMAC)
Current Price – $1.52
In the past week IMAC shares have jumped up dramatically, with a 5-day change …read more […]

“We are discussing (battery) cell manufacturing,” Ford’s Chief Executive Officer Jim Farley said Friday at the Reuters Automotive Summit teleconference. As recently as last July, then-CEO Jim Hackett said there was “no advantage” to Ford making its own battery cells. In the meantime, other automakers, including General Motors Co and Tesla Inc , are investing billions of dollars in their own battery cell manufacturing plants to supplement production from suppliers. …read more […]

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There is a clear conclusion to be reached from the US election results – the American people wanted to discard the drama of both President Trump and Democratic Party, and are willing to do so by installing a Democratic President while increasing Republican strength in Congress and down ballot. A result like that points to future gridlock, at least in the near-term, and that in turn could be just what that markets want. A deeply divided government is unlikely to make any drastic policy changes, to the right or to the left, allowing the financial world to keep plodding straight …read more […]

The investors in Summit Wireless Technologies, Inc.’s (NASDAQ:WISA) will be rubbing their hands together with glee… …read more […]

LinkedIn co-founder and and top Democratic donor Reid Hoffman cautioned against the breakup of tech giants that help propel the U.S. economy, instead predicting that the number of tech giants will soon double without intervention from the federal government. …read more […]

(Bloomberg) — The stakes are high for the results of Moderna Inc.’s coming Covid-19 vaccine trial. But as far as investors are concerned, the impact may already be in the price of financial assets.The bar was raised for markets to rally following an announcement by Pfizer Inc. that its vaccine protected 90% of Covid-19 cases in a study, investors and strategists said. Moderna’s version, which uses similar experimental messenger RNA technology, is due to report results imminently.The success of Pfizer’s trial has “some spillover” to Moderna because of its technological similarities, said Feifei Li, head of equities at Research Affiliates …read more […]

LEAMINGTON, ON, Nov. 13, 2020 /CNW/ – Aphria Inc. …read more […]

Yahoo Finance’s Julie Hyman, Brian Sozzi, and Myles Udland break down the latest earnings reports from Cisco, Palantir, and DraftKings. …read more […]

CFRA’s Tuna Amobi joined Yahoo Finance Live to break down Disney’s fourth-quarter earnings report and the lastest subscriber numbers for Disney+. …read more […]

Many investors shutter at the thought of volatility. But for day and swing traders, price swings are like fuel. And it’s not just short-term traders that can benefit. With a little know-how, it’s possible to supplement your income trading volatility with options.

Let’s start with the basics. When it comes to options, there are two types of volatility: historical and implied. Historical volatility is a measurement of how much the price of a given security has moved in the past. Implied volatility measures how big the price movements are expected to be in the future.
Implied volatility considers past price fluctuations as …read more […]

Food delivery giant DoorDash has made its IPO filing public and will debut in the New York Stock Exchange. Yahoo Finance’s Myles Udland, Julie Hyman, and Brian Sozzi discus on Yahoo Finance Live …read more […]

LinkedIn Co-founder Reid Hoffman joins ‘Influencers with Andy Serwer’ to discuss the future of big tech and the United States’ relationship with China under a Biden administration. …read more […]