Big tech companies Apple, Amazon, Facebook, Twitter and Alphabet are all set to report earnings after the bell. TECHnalysis Research President and Chief Analyst Bob O’Donnell joins the On the Move panel to discuss. …read more […]
(Bloomberg) — Exxon Mobil Corp. will slash its global workforce by 15% over the next two years, an unprecedented culling by North America’s biggest oil explorer as it struggles to preserve dividends.The cuts will include 1,900 U.S. jobs, mostly in Houston, as well as an undisclosed number of positions around the world.“These actions will improve the company’s long-term cost competitiveness and ensure the company manages through the current unprecedented market conditions,” the company said in a statement on Thursday.Exxon’s total reduction will affect about 14,000 people, split between employees and contractors, spokesman Casey Norton said by phone. The figure includes …read more […]
Many tax experts say Biden’s planned minimum 15% tax on book income is a bad idea. …read more […]
Renasant Corporation (NASDAQ:RNST) investors will be delighted, with the company turning in some strong numbers with… …read more […]
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […] …read more […]
The most you can lose on any stock (assuming you don’t use leverage) is 100% of your money. But if you pick the right… …read more […]
Between the ongoing corona crisis and the upcoming elections, the markets are plagued by uncertainty – the one thing that really gets investors worried. Uncertainty puts a cloud over the market’s likely course, making it difficult to find the stocks that will bring in returns.Fortunately, there are some trends that are somewhat immune to this uncertainty. Just 20 years ago, these would not have moved the needle; their niches were young, just beginning their long march through our society and culture, but today Big Tech has become one of the market’s sure things.There is no tech bigger than the FAANG …read more […]
Does the October share price for Herc Holdings Inc. (NYSE:HRI) reflect what it’s really worth? Today, we will estimate… …read more […]
It has been an ignominious year for Exxon. Exxon cut employees and project spending, but has stuck by plans to continue paying a dividend that costs nearly $15 billion per year. Exxon currently has a massive dividend yield of 10%, in large part due to the share price slump. …read more […]
In this article you are going to find out whether hedge funds think Xilinx, Inc. (NASDAQ:XLNX) was a good investment before the company announced its merger with AMD. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge […] …read more […]
We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are… …read more […]
Enphase Energy, Inc. (NASDAQ:ENPH) shares have continued their recent momentum with a 27% gain in the last month… …read more […]
(Bloomberg) — Spotify Technology SA fell as much as 8.6% after its premium revenue fell short of analysts’ expectations even as subscriptions rose, with consumers in some markets resisting the company’s price increases.The world’s largest streaming audio service said Thursday that premium revenue, generated by its paid subscriptions, was 1.79 billion euros ($2.1 billion) in the third quarter. Analysts expected 1.83 billion euros, according to a consensus compiled by Bloomberg.Spotify shares were down 7.5% to $255.38 at 9:41 a.m. in New York. They had climbed 85% this year through Wednesday’s close, driven in part by the Swedish company’s push into …read more […]
VANCOUVER, British Columbia, Oct. 29, 2020 — Icanic Brands Company, Inc. (CSE: ICAN, OTCQB: ICNAF) (“Icanic Brands” or the “Company”), a multi-state brand operator in California and Nevada, is pleased to announce that it has […]
Merck & Co., Inc. (NYSE:MRK) just released its quarterly report and things are looking bullish. It was overall a… …read more […]
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