Year: 2020

(Bloomberg) — AT&T Inc. has been called many things over its 135-year history: Ma Bell, monopoly, media conglomerate. The company, which traces its roots to the patent rights of telephone inventor Alexander Graham Bell, was the dominant phone company for much of the 20th century. So dominant, in fact, that it was broken up in 1982 as part of an agreement with antitrust authorities. But those businesses eventually began to merge, culminating with SBC Communications — one of the so-called Baby Bells — acquiring AT&T in 2005 and taking the name.That wasn’t the end of it. What followed was a …read more […]

A week ago, MercadoLibre, Inc. (NASDAQ:MELI) came out with a strong set of third-quarter numbers that could… …read more […]

Most readers would already be aware that Exelixis’ (NASDAQ:EXEL) stock increased significantly by 5.9% over the past… …read more […]

Investors in Lumen Technologies, Inc. (NYSE:LUMN) had a good week, as its shares rose 7.0% to close at US$9.28… …read more […]

If you want to know who really controls Dynavax Technologies Corporation (NASDAQ:DVAX), then you’ll have to look at… …read more […]

Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is… …read more […]

The company said its domestic streaming services, CBS All Access and Showtime, had 17.9 million subscribers at the end of the third quarter. CBS All Access, which benefited from strong demand for sports content, and Showtime OTT, with shows like “The Chi” and “Billons”, had significant growth in sign-ups both sequentially and year-over-year, the company said. ViacomCBS competes in an increasingly crowded U.S. video streaming market with dominant players like Netflix, which has over 195 million paid subscribers globally, and Walt Disney Co’s streaming services, including Disney+, Hulu and ESPN+, which has over 100 million global customers, as …read more […]

A good while ago I read an article in the Harvard Business Review titled “When to Trust Your Gut.”
This is a subject I’ve spent some time thinking about. And my feeling has always been that experience-based gut instincts are at least as valuable if not more valuable than MBA-based analysis from the likes of Harvard, Wharton or Yale.
I was surprised to see that this article supported my view.
The author, Alden M. Hayashi (who was senior editor of the Review when the article was published), says quite correctly that, in making good business and wealth-building decisions, it makes sense to rely …read more […]

Top news and what to watch in the markets on Friday, November 6, 2020. …read more […]

As you might know, Cytosorbents Corporation (NASDAQ:CTSO) just kicked off its latest quarterly results with some very… …read more […]

(Bloomberg) — Gold headed for its biggest weekly gain since July and copper climbed as Joe Biden tightened his grip on the race for the White House, while investors also weighed prospects for further Federal Reserve stimulus.Bullion broke out of a narrow trading range seen over the past month as uncertainty over the election and renewed stimulus hopes boosted demand for the haven. Biden, who needs a win in one more state to be elected president, edged ahead of Donald Trump in Georgia and also expanded his lead in Nevada.Trump meanwhile said the election was being stolen from him, though …read more […]

(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. has some new tactics to show off.The billionaire’s conglomerate spent the third quarter plowing funds into international businesses and an initial public offering, atypical pursuits for a company that spent the start of the year watching from the sidelines as the Covid-19 pandemic spread.On Saturday, investors get to see how much of an impact that capital deployment had when Berkshire reports third-quarter results. It already helped propel gains for the stock that were twice as high as the S&P 500’s advance during the period.After sounding a warning in May about fallout from the …read more […]

Pictures revealed a sleek, lightning bolt-designed bottle, a lot different than what Musk imagined when he touted the Tequila. Mexico’s Tequila Regulatory Council had at the time argued the “name ‘Teslaquila’ evokes the word Tequila … (and) Tequila is a protected word.” …read more […]

(Bloomberg Opinion) — A takeover offer that would have been so-so in February becomes impossible to refuse for a company whose shares have been hit by the pandemic. The 7.2 billion-pound ($9.5 billion) approach for RSA Insurance Group has been shrewdly pitched by the Canadian-Danish consortium trying to buy the FTSE-100 insurer.RSA has been led by Stephen Hester since 2014. This particular chief executive role always seemed a little low profile for the former Credit Suisse Group AG investment banker, who previously took charge of Natwest Group Plc (then Royal Bank of Scotland) during the financial crisis. Few will be …read more […]

The outcome of the election remained undecided, but Democrat Joe Biden was moving closer to securing the 270 votes in the state-by-state Electoral College that determines the winner. Meanwhile, President Donald Trump launched an extraordinary assault on the country’s democratic process from the White House on Thursday, falsely claiming the election was being “stolen” from him. Matt Sherwood, head of investment strategy at Perpetual in Sydney, said markets had already moved to price in a Biden presidency and a divided Congress. …read more […]