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Dems believed they had a strong negotiation position with the federal $600: Fmr. Assistant Treasury Secretary on stimulus

Chris Campbell, Chief Strategist at Duff & Phelps Institute and Former Assistant Secretary of the Treasury for Financial Institutions joins Yahoo Finance’s On The Move to break down the Fed’s economic outlook amid the coronavirus crisis. …read more […]

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Merkel Under Scrutiny as Lawmakers Seek Wirecard Answers

(Bloomberg) — Lawmakers are looking to grill officials from Angela Merkel’s chancellery in the next stage of a parliamentary inquiry into the Wirecard AG scandal.Members of the lower house of parliament’s finance committee said ahead of a special session on Wednesday that they will need answers from Merkel’s office before deciding on a deeper investigation.“We will not get a complete clarification because the chancellery’s chair is empty today,” said Fabio De Masi, a member of the committee from the Left party. Lisa Paus from the Greens also said that Merkel’s office needed to be questioned.Mounting pressure prompted Merkel’s office to …read more […]

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Kodak Shares Add Another 500% as Drug Shift Keeps Boosting Stock

(Bloomberg) — Shares of Eastman Kodak Co. have leapt 2,441% higher this week, sending its market valuation to nearly $2 billion, after it won a government loan to help produce ingredients used in key generic medicines to fight the coronavirus.Kodak, the storied photography giant whose business and shares were devastated by the switch to filmless cameras, gained as much as 655% on Wednesday, triggering at least six halts for volatility along the way. More than 110 million shares traded hands, more than 23 times its typical volume. The company’s value climbed to $1.99 billion as of 10:25 a.m. in New …read more […]

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Qualtrics IPO: SAP Announces Company Will Go Public

A Qualtrics IPO is coming to the market. Less than two years after being acquired by SAP (NYSE: SAP), the company is spinning out to go public. And it isn’t the first time Qualtrics stock was heading for the market.
But is Qualtrics a good investment opportunity? Here’s what we know…
Qualtrics IPO: The Business

CEO Ryan Smith founded Qualtrics in 2002 with his father, brother and college roommate. Qualtrics is a software company and created Experience Management (XM). The software allows organization to address problems and opportunities in the experience economy.
According to The Localist:
“The experience economy is defined as ‘an economy in …read more […]

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Tesla (TSLA) Stock Might Be Expensive, Stay Cautious

McLain Capital recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of -15.4% for the quarter (net of fees), underperforming its benchmark, the S&P 500 Index which returned 20.5% in the same quarter. However, you should check out McLain Capital’s top 5 stock picks […] …read more […]

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Draftkings (DKNG) Stock Might Be Expensive, Stay Cautious

McLain Capital recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of -15.4% for the quarter (net of fees), underperforming its benchmark, the S&P 500 Index which returned 20.5% in the same quarter. However, you should check out McLain Capital’s top 5 stock picks […] …read more […]