Year: 2020

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of… …read more […]

Boeing Co’s new Chief Executive David Calhoun assumes the job Monday as the U.S. planemaker battles to recover from two fatal crashes of 737 MAX planes that killed 346 people in five months and led to the model’s worldwide grounding in March. Calhoun, 62, a long-time Boeing director named chairman in October after the board stripped Dennis Muilenburg of the title, was named chief executive on Dec. 23 following the board’s firing of Muilenburg amid growing concerns about the company’s relationship with regulators and its handling of the MAX. Boeing has estimated costs of the MAX grounding at …read more […]

Renault shares hit six-year lows on Monday after a media report that Nissan has accelerated secret contingency planning for a potential split from the French carmaker, the latest sign that the downfall of former boss Carlos Ghosn is roiling the 20-year alliance. At 1027 GMT, the shares were down 3.7%, languishing at the bottom of Paris’ CAC 40 and the pan European STOXX 600 index . The plans include war-gaming a total split in engineering and manufacturing, as well as changes to Nissan’s board, the Financial Times newspaper reported on Sunday citing several sources. …read more […]

It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also… …read more […]

Constellation Brands, Inc. (NYSE:STZ) investors will be delighted, with the company turning in some strong numbers… …read more […]

(Bloomberg) — Nissan Motor Co. executives have examined the possibility of breaking away from Renault SA amid concerns that relations with the longtime French partner have turned dysfunctional after the ouster of former chief Carlos Ghosn, according to a person familiar with the matter.Since last year, Nissan has been exploring the pros and cons of sustaining the alliance, particularly when it comes to engineering and technology sharing, according to the person, who asked not to be identified discussing confidential matters. Those studies predate Ghosn’s escape from Japan and were preliminary, so no decision has been made, the person said.It’s unclear …read more […]

Boeing Co’s new Chief Executive David Calhoun assumes the job Monday as the U.S. planemaker battles to recover from two fatal crashes of 737 MAX planes that killed 346 people in five months and led to the model’s worldwide grounding in March. Calhoun, 62, a long-time Boeing director named chairman in October after the board stripped Dennis Muilenburg of the title, was named chief executive on Dec. 23 following the board’s firing of Muilenburg amid growing concerns about the company’s relationship with regulators and its handling of the MAX. Boeing has estimated costs of the MAX grounding …read more […]

(Bloomberg) — Amazon.com Inc. founder Jeff Bezos is likely to be greeted by an unprecedented show of opposition during his short India visit this week, after thousands of small-time local retailers pledged to protest its pricing and exclusive-selling practices.The Amazon chief executive is slated to headline the inaugural session of Amazon India’s event for small and medium businesses — “smbhav” — which kicks off Wednesday in New Delhi. The billionaire is scheduled to take the stage alongside Amazon India chief Amit Agarwal in a fireside chat, anchoring an event that also features Infosys Ltd. co-founder Narayana Murthy and retail billionaire …read more […]

Today we’ll evaluate Mitchells & Butlers plc (LON:MAB) to determine whether it could have potential as an investment… …read more […]

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(Bloomberg) — With a trade deal nearly signed and China’s economy on steadier footing, the path for China’s yuan to strengthen is now wide open.The currency rose to a five-month high Monday, punching past 6.9 per dollar for the first time since August. It also strengthened for a fourth session versus a basket of trading partners’ currencies. The move helped bolster sentiment in stocks, with the CSI 300 Index closing at its highest level in almost two years. Shares of Chinese companies also surged in Hong Kong.While analysts say the exchange rate is being driven by improving market sentiment as …read more […]