Articles by admin

Goldman Sachs Group Inc management is considering whether to scale back financial targets set earlier this year, as the coronavirus pandemic has hindered the bank’s business model revamp, analysts and sources inside the bank told Reuters. Goldman unveiled plans to boost returns on equity and cut costs during its first-ever investor day in January. To reach its goals, Goldman would squeeze more revenue from existing businesses like wealth management as well as relatively new ones like consumer lending, while launching additional corporate services like cash management. …read more […]

Does the October share price for Dominion Energy, Inc. (NYSE:D) reflect what it’s really worth? Today, we will… …read more […]

“Headline havoc will continue to drive volatility, but investors are all but certain that whoever wins the election, a new bold fiscal package is on the way,” said Hussein Sayed, chief market strategist at FXTM. A recent Reuters/Ipsos poll showed Americans were steadily losing confidence in President Donald Trump’s handling of the COVID-19 pandemic, with his net approval on the issue hitting a record low. With the Oct. 15 presidential debate officially canceled, Trump plans to travel to key battleground states this week as his doctor declared he was no longer a transmission risk for the novel …read more […]

In this article we are going to estimate the intrinsic value of Cognizant Technology Solutions Corporation… …read more […]

Question: How can a company like Caterpillar try to counter a slump in sales of bulldozers and trucks during a pandemic that has made every human a potential disease vector? Caterpillar’s autonomous driving technology, which can be bolted on to existing machines, is helping the U.S. heavy equipment maker mitigate the heavy impact of the coronavirus crisis on sales of its traditional workhorses. With both small and large customers looking to protect their operations from future disruptions, demand has surged for machines that don’t require human operators on board. …read more […]

It’s only natural that many investors, especially those who are new to the game, prefer to buy shares in ‘sexy’ stocks… …read more […]

Something funny is going on in the world of cryptocurrencies.
At the same time as central banksters are quietly testing out new forms of digital money of their own… they’re doing everything they can to keep the competition on its toes.
The latest from the folks in the U.K. proves our point.
With its money and the economy that backs it drifting through Brexit talks, the once-mighty nation has a lot to worry about when it comes to free market forms of money.
They’re a big threat.
It’s no wonder, then, Kingdom rulemakers have gone after Bitcoin in a big way.
They just announced a ban …read more […]

A decadeslong aerospace boom suddenly ended in Airbus’s home city of Toulouse, France, as global passenger traffic collapsed. WSJ traveled to the aviation capital, where autonomous vehicles and superfast trains could bring back some of the lost jobs. Photo composite: George Downs …read more […]

Alongside tech stocks, winning investments this year include wood. That is because people are buying more houses thanks to the Fed’s low rates, explains WSJ’s senior markets columnist James Mackintosh. …read more […]

Top news and what to watch in the markets on Monday, October 12, 2020. …read more […]

The device, dubbed the iPhone 12 by analysts, can tap into 5G, or fifth generation wireless technology, that theoretically operates as much as 10 to 20 times faster than current 4G wireless networks. Using the next iPhone or any 5G enabled device on today’s network, however, will be “like having a Ferrari … but using it in your local village and you can’t drive to up to 200 miles per hour, simply because the roads cannot maintain those speeds,” explained Boris Metodiev, associate director of research firm Strategy Analytics. Apple, which is expected to unveil the new phone …read more […]

(Bloomberg) — China has suspended purchases of Australian coal, according to people familiar with the order, as Beijing continues to tightly control imports of the fuel amid soured political relations with Canberra.Chinese power stations and steel mills have been verbally told to immediately stop using Australian coal, the people said, asking not to be identified as the matter is private. Ports have also been told not to offload Australian coal, one of the people said. China’s customs administration wasn’t immediately available to comment.The ban marks an escalation in tensions that have already jolted agricultural exports from China’s biggest supplier of …read more […]

(Bloomberg) — PSA Group and Volvo Cars, along with BMW AG and Renault SA are among carmakers on track to meet European Union emissions rules after sales of battery-powered vehicles tripled during the first half, according to a study.The surge in electric-vehicle sales helped cut average carbon dioxide emissions of new cars registered in Europe by 9% to 111 grams per kilometer — the steepest drop in more than a decade, according to a report by researcher Transport & Environment.“Electric car sales are booming thanks to EU emissions standards,” Julia Poliscanova, a director at the Brussels-based group, said in a …read more […]

Alex Cruz leaves British Airways after four years with the airline, replaced by Aer Lingus’ Sean Doyle. …read more […]

Oct.12 — Will Butler Adams, chief executive officer at Brompton Bicycle, discusses bike sales throughout the coronavirus pandemic, the challenges associated with Brexit and the spike he’s seeing in bike usage. He speaks on “Bloomberg Markets: European Open.” …read more […]