Year: 2020

Yes, a mortgage is a big deal, but it’s probably not as complicated as you might think. …read more […]

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Ford sales hit hard while Explorer and Ranger make gains …read more […]

Knowing recent IPOs is a great way to stay up to date on the IPO market. Initial public offerings can often provide great investment opportunities. But not always. Below is a short list of June IPOs according to their return from IPO rates.
Recent IPOs: June

Vroom (Nasdaq: VRM)
Vroom is an online car resale service. Founded in 2013, the company is headquartered in New York City. Vroom handles the process between buyer and seller instead of a peer-to-peer model, such as Craigslist. The company delivers nationwide and also offers financing through multiple banks.
In the fiscal year ended December 31, 2019, Vroom reported …read more […]

Stanphyl Capital letter to investors for the month ended June 30, 2020, discussing their short thesis for Tesla Inc (NASDAQ:TSLA) and other positions in several small-cap stocks. For June 2020 the fund was down 3.9% net of all fees and expenses. By way of comparison, the S&P 500 was up 2.0% while the Russell 2000 was up […] …read more […]

Royal Dutch Shell is not ruling out moving its headquarters from the Netherlands to Britain, the oil company’s chief executive Ben van Beurden said in a Dutch newspaper interview published on Saturday. Anglo-Dutch consumer products giant Unilever said last month it plans to ditch its dual Anglo-Dutch legal structure and create a single entity in Britain. Van Beurden did not explicitly say Shell wants to move its headquarters, het Financieele Dagblad said. …read more […]

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British American Tobacco p.l.c. (LON:BATS) stock is about to trade ex-dividend in four days. This means that investors… …read more […]

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Boeing Co and suppliers set the final number of parts it would need for the 747 jumbo jet program at least a year ago, signaling the end for a plane that democratized global air travel in the 1970s but fell behind modern twin-engine aircraft, industry sources said on Friday. Boeing’s “Queen of the Skies”, the world’s most easily recognized jetliner with its humped fuselage and four engines, marked its 50-year flying anniversary in February 2019, clinging to life thanks to a cargo market boom fueled by online shopping. The last order for a passenger version came in …read more […]

Lucky Brand, which has about 200 stores in North America and sells its products in department stores, filed for Chapter 11 on Friday. …read more […]

Editor’s Note: We’re taking a step back from the normal Trade of the Day issue to share a message from our good friend Alexander Green. If you’re looking for the best way to get outsized returns in stocks, Alex reveals the one asset class you cannot ignore.

Thanks in part to the coronavirus, more than 500 companies have filed for bankruptcy this year.
The biggest by far is Hertz (NYSE: HTZ), which sought Chapter 11 protection in May with $25.8 billion in assets and $24.4 billion in liabilities.
Some companies restructure and survive bankruptcy. Many do not.
The ones that don’t generally go into …read more […]

Every June, the tiny town of Sinnemahoning, Pennsylvania (population 132), hosts a rattlesnake hunt.
Surprisingly (or perhaps not), this annual event attracts thousands of people, and awards are given for the heaviest rattlesnakes captured. (Last year, the biggest timber rattlesnake was 54 inches long and weighed 4 pounds, 10 ounces.)
My dad, who grew up just a few towns over, used to tell me stories about how competitors would inject themselves with rattlesnake venom to build up a tolerance in preparation for the big hunt.
But this year, the hunt was called off.
COVID-19 made it too risky for thousands to crowd the streets …read more […]

Robert Hockett, Edward Cornell Professor of Law at Cornell Law School, highlights the significance of Reconstruction for the U.S. and why 2020 is the right time to re-introduce it.
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(Bloomberg) — U.S. futures and European stocks dropped on Friday as investors mulled a reported conflict among policy makers over a stimulus package for the single-currency region, as well as political upheaval in France.The Stoxx 600 Index fell after Bloomberg News reported the European Central Bank is facing a potential rift over how much their emergency bond-purchase program should stay weighted toward weaker countries such as Italy. The euro fluctuated following French President Emmanuel Macron’s decision to name a new prime minister after asking his government to resign. Rolls-Royce Holdings Plc slumped after the British jet-engine maker said it’s exploring …read more […]