Trading Ideas
SmileDirectClub (NASDAQ:SDC) Has Debt But No Earnings; Should You Worry?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, ‘The biggest investment risk is not the volatility… …read more […]
Year: 2020
Business News
WeWork closes 100 buildings in China over coronavirus threat: CNBC
Office sharing startup WeWork has closed 100 buildings in China due to the coronavirus outbreak, Chairman Marcelo Claure said in a CNBC interview on Monday.
Trading Ideas
How Much Are CVS Health Corporation (NYSE:CVS) Insiders Spending On Buying Shares?
We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is… …read more […]
Business News
Nissan to halt production at Japan factory due to coronavirus
Nissan Motor Co will temporarily halt production at its plant in Kyushu, southwestern Japan, due to the coronavirus, the Japanese automaker said on Monday, as the outbreak starts to strain the global supply chain.
Business News
Xerox raises takeover offer for HP
Xerox Holdings Corp raised its offer to buy HP Inc to $24 per share from $22 per share on Monday, following several rejections of its previous buyout offer by the PC maker.
Trading Ideas
Xerox Increases Offer Price for HP to $24 a Share
(Bloomberg) — Xerox Holdings Corp. increased its offer price for HP Inc. to $24 a share, boosting the bid by $2 a share in an effort to win control of the computer hardware maker, which has previously refused to engage in takeover talks because it said the offer was too low.Xerox said in a statement Monday it plans to launch a tender offer “on or around March 2” comprised of $18.40 in cash and 0.149 Xerox shares for each HP share. The offer won’t be subject to any conditions related to financing or due diligence. The offer represents a 41% …read more […]
Business News
Top Apple iPhone maker Foxconn restarts key China plant with 10% of workers: source
Apple’s biggest iPhone maker Foxconn got approval to resume production at a key plant in China after being forced to shut it following the coronavirus outbreak, but only 10% of the factory’s workforce has managed to return so far, a source told Reuters.
Business News
Xerox raises takeover bid for HP
Xerox Holdings Corp on Monday raised its offer to buy PC-maker HP Inc to $24 per share from $22 per share.
Business News
Exclusive: Ryanair marketing chief Kenny Jacobs to leave company
Ryanair Chief Marketing Officer Kenny Jacobs, who spearheaded the airline’s drive to improve customer service, is to leave his position after six years at the end of April to pursue other challenges, he told Reuters on Monday.
Business News
Oil dips on weaker Chinese demand, traders await OPEC+ cuts
Oil prices dipped on Monday on weaker Chinese oil demand in the wake of the coronavirus outbreak and as traders waited to see if Russia would join other producers in seeking further output cuts.
Trading Ideas
3 “Strong Buy” Healthcare Stocks With Triple-Digit Upside
To buy or not to buy, that’s the question. For even the most seasoned Wall Street observers, determining the ideal time to pull the trigger on a particular ticker can be a challenge. These decisions involve considering what type of gains are expected, more consistent growth achieved over the long haul or rapid upward climbs.More risk-tolerant investors are often drawn to the latter, enticed by the possibly of sky-high returns delivered at the drop of a hat. So, where can these stocks with huge upside potential be found? The healthcare sector. Its nature positions many companies to see their share …read more […]
Business News
Geely Automobile in talks with Volvo to tighten ties
China’s Geely Automobile said on Monday it is in early discussions with Sweden’s Volvo Car AB about combining the two businesses into a global carmaker with listings in Hong Kong and Stockholm.
Trading Ideas
Popeyes sales surge an eye-popping 34% amid chicken sandwich craze
Popeyes Chicken Sandwich drove same-stores sales of 34% during the fourth quarter at Popeyes. …read more […]
Business News
Futures tread water as investors weigh coronavirus impact
U.S. stock index futures were flat on Monday after Wall Street’s rise last week, with investors monitoring the economic impact of the coronavirus outbreak and company updates as workers returned to work in China.
Business News
Amazon challenges India antitrust probe in court: filing
Amazon.com Inc has begun legal action in India to quash an antitrust investigation against the company, saying it could cause “irreparable” loss and damage to its reputation, according to its court filing seen by Reuters.