Year: 2020

(Bloomberg) — The private investment arm of Koch Industries Inc., run by billionaire Charles Koch, has acquired the remaining equity in cloud-software maker Infor Inc., the companies said.The deal values Infor at $11 billion, or nearly $13 billion including preferred shares, according to people familiar with the matter who asked not to be identified discussing private information. Koch Industries, the Wichita, Kansas-based conglomerate, already owned about 70% of Infor, the company said. Its subsidiary Koch Equity Development LLC purchased the remaining Infor equity it didn’t already own from Golden Gate Capital. Infor, which Wall Street has viewed as a …read more […]

On Monday, Bryan and I recommended a volatility straddle using the iPath Series B S&P 500 VIX Short-Term Futures ETN (NYSE: VXX).
A straddle is when you buy a put and a call option with the same strike price.
Volatility, as measured by the CBOE Volatility Index (VIX), takes into account the number of puts and calls being bought and sold on S&P 500 stocks. When the market is crashing, the VIX moves higher; when the market is soaring, the VIX moves lower.
In this case, War Room members bought a $15.50 straddle for around $2. The goal was to see enough of …read more […]

Chaos took over in Iowa last night after results for the 2020 caucus were delayed due to reporting inconsistencies. Lee Price, Paddy Power’s Head of PR, joins Yahoo Finance’s Zack Guzman and Heidi Chung to break down who’s line to snag the democratic nomination amid the caucus melt down. …read more […]

(Bloomberg) — Activist investor Starboard Value is ramping up pressure on EBay Inc. to separate its classifieds business and implement more aggressive operational targets, arguing the e-commerce company has not done enough to improve its performance.The New York-based hedge fund, which owns more than 1% of the company, wrote in a letter to the management and board that EBay hasn’t done enough in the nearly 12 months since agreeing to review its classifieds business along with ticket reselling business, StubHub, which was sold last year.“In order to achieve the optimal outcome, we believe classifieds must be separated, and a more …read more […]

(Bloomberg) — Saudi Arabia’s sovereign-wealth fund sold almost all of its Tesla Inc. shares last quarter, nearly exiting what had been one of the largest holdings in the electric-car maker.The Saudi Arabia Public Investment Fund held just 39,151 shares at the end of the year, according to a regulatory filing. The fund previously had more than 8.2 million shares and ranked among the five biggest owners, according to data compiled by Bloomberg.The fund sold as Tesla went on an epic run to end the year, powered by a surprise profit and faster rollout of its Model Y crossover. The stock …read more […]

Payout ratio is a key figure for income stocks. Dividend payments can a reliable source of income for investors. But a dividend is only as safe as the company paying it. When a company runs into financial … …read more […]

Health & Fitness Expert Jillian Michaels joins On The Move to discuss her new ‘My Fitness’ app, which creates workouts, designs meal plans and helps to set goals. She also discusses the evolving health industry trends with the panel. …read more […]

Yahoo Finance’s Adam Shapiro breaks down today’s top trending stories on On The Move. …read more […]

China’s case continues to become more worrisome as the number of confirmed cases has skyrocketed past 20,000 and deaths have past 400. …read more […]