Gold prices shot to almost seven-year highs on Monday as a spike in U.S.-Iranian tensions spurred demand for safe-haven assets and pushed a gauge of global equity markets lower, but shares on Wall Street rebounded on a less worrisome view of events.
It’s a “fantastic addition to the Yum! family and has significant untapped growth potential,” one official said. …read more […]
The New York Times is reporting the company has uncovered another potential design flaw with its 737 Max fleet. Yahoo Finance’s Heidi Chung joins Seana Smith on The Ticker to discuss. …read more […]
(Bloomberg) — Movie-theater stocks are facing a rough outlook for the new year, as a weak slate of films looks to extend the tepid U.S. box office seen over 2019, analysts said on Monday.MKM Partners wrote that it was “taking a cautious outlook for 2020,” anticipating that domestic box office revenue would fall 4% in 2020. That’s on top of a year-over-year drop in 2019.Referring to 2020, MKM analyst Eric Handler wrote that “the biggest issue for the year is it is lacking the mega-hits seen last year,” when four titles — “Avengers: Endgame,” “The Lion King,” “Toy Story 4,” …read more […]
Occidental Petroleum Corp said on Monday it would cut its majority stake in pipeline operator Western Midstream Partners LP to less than 50% in 2020, to reduce its debt that grew significantly with the Anadarko Petroleum Corp deal.
Deputy Director at Atlantic Council’s Scowcroft Center for Strategy and Security Matthew Kroeing joins Yahoo Finance’s Seana Smith to discuss Iran’s threat to gain nuclear arms on The Ticker. …read more […]
Xerox Holdings Corp said on Monday it has secured $24 billion in financing for its $33.5 billion takeover offer for HP Inc , a deal that the personal computer maker is opposing.
(Bloomberg) — Topgolf International Inc., an operator of driving ranges with a party atmosphere, has selected banks for an initial public offering that could value the company at about $4 billion, according to people familiar with the matter.The Dallas-based company is working with banks including Morgan Stanley, JPMorgan Chase & Co. and Bank of America Corp., said the people, who asked to not be identified because the matter is private. Its IPO could come as soon as this year, they said.Topgolf, led by Chief Executive Officer Dolf Berle, has $525 million in outstanding debt, according to data compiled by Bloomberg.Representatives …read more […]
(Bloomberg) — Xerox Holdings Corp. has arranged a $24 billion loan with a group of banks as it continues a pursuit of HP Inc.It’s the largest-ever bridge loan in the technology sector, surpassing International Business Machines Corp.’s $20 billion facility in 2018 for its acquisition of Red Hat Inc., according to data compiled by Bloomberg. The rankings exclude the $51.2 billion bridge loan, which was part of a larger $100 billion debt financing for the failed Broadcom Inc. takeover of Qualcomm Inc. The deal was blocked by President Donald Trump.The Xerox bridge is also the first jumbo acquisition financing to …read more […]
Qualcomm Inc on Monday announced a computing system for autonomous vehicles designed to handle everything from lane controls to full self-driving that it aims to have on the road by 2023.
In 2008 Steve Abramson was appointed CEO of Universal Display Corporation (NASDAQ:OLED). This analysis aims first to… …read more […]
The activist guru’s recovery is a lesson for everyone Continue reading… …read more […]
More companies to consider for the new year that are trading at a discount to net-net working capital Continue reading… …read more […]
Iranian officials are hinting at attacks on buildings owned or managed by President Trump’s real-estate company. …read more […]
If you buy and hold a stock for many years, you’d hope to be making a profit. But more than that, you probably want to… …read more […]
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