Articles by Editor

Tesla Inc (NASDAQ: TSLA) rebounded by 11% on Wednesday after logging its worst day in history on Tuesday. Tesla shares are now down 27% in September, and option market activity on Wednesday suggests some deep-pocketed traders are taking notice.The Tesla Trades: On Wednesday morning, Benzinga Pro subscribers received 13 alerts related to unusually large Tesla option trades. Here are the largest: * At 9:30 a.m. ET, a trader sold 308 Tesla call options with a $300 strike price expiring on Friday. The contracts were sold near the bid price at $57.717 and represented a $1.77 million bearish bet. …read more […]

If you think plastic pollution is a problem only on roadsides and beaches, consider the old adage “What goes around, comes around.”
A recent study found that sea salt around the world has been tainted by plastic. These particles have been identified in sea salt in China, France, Spain, the U.K. and the U.S.
Other studies have found high plastic levels in shellfish, beer and water – both bottled and from taps.
That’s a big concern. It means microplastics are now in the human food chain.
The average American could be swallowing more than 660 pieces of microplastic annually from sea salt. And the …read more […]

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Leading the charge towards development of a COVID-19 vaccine proved very profitable for unprofitable biotech Moderna (MRNA) this year. Despite a 10-year history of never earning money, Moderna stock soared nearly 500% at one point this summer, topping out just short of $95 a share, on hopes that its mRNA-1273 vaccine would be the solution that stops coronavirus in its tracks.But enough is enough, says investment banker SVB Leerink.SVB Leerink analyst Mani Foroohar cited a perfect storm of bad news in explanation for his decision to downgrade Moderna stock from “market perform” to “underperform” — and to cut his price …read more […]

Today, Investment U’s Income Expert, Marc Lichtenfeld, takes a look at Annaly Capital Management’s dividend safety.
In February, I analyzed the dividend safety of Annaly Capital Management (NYSE: NLY), one of the most frequently requested stocks in the Safety Net column.
At the time, I said that until the company proves it can lift net interest income above how much it pays in dividends, it gets a very solid “F” rating. And sure enough, a few months later, it cut its quarterly dividend from $0.25 per share to $0.22.
Back in February, Annaly was expected to generate $1.77 billion in net interest income …read more […]

J.C. Penney has reached a deal to sell itself to a group of mall owners and lenders in a move that would likely save the chain from liquidation. …read more […]

On Wednesday, the Financial Times reported that AstraZeneca was considering restarting its vaccine trial, only a day after they paused it following a patient falling ill. This comes as Pfizer and BioNTech have reportedly completed their deal with the European Union. Yahoo Finance’s Anjalee Khemlani breaks down the latest news about the coronavirus on The Final Round. …read more […]

The retailer told a Texas bankruptcy court Wednesday that it agreed to a tentative deal toward a sale that would keep its doors open. …read more […]

Weekly Yahoo Finance tech commentary and analysis plus highlight of top industry news and features. …read more […]

(Bloomberg) — Apple Inc. has developed masks that the company is beginning to distribute to corporate and retail employees to limit the spread of Covid-19.The Apple Face Mask is the first created in-house by the Cupertino, California-technology giant for its staff. The other, called ClearMask, was sourced elsewhere. Apple previously made a different face shield for medical workers and distributed millions of other masks across the health-care sector.Apple told staff that the Face Mask was developed by the Engineering and Industrial Design teams, the same groups that work on devices such as the iPhone and iPad. It is made up …read more […]

(Bloomberg) — J.C. Penney Co.’s lenders have agreed to team up with mall landlords Simon Property Group Inc. and Brookfield Property Partners to buy the bankrupt chain of department stores.The tentative rescue deal, which would preserve about 70,000 jobs, includes a $300 million equity investment by the landlords, a lawyer for J.C. Penney said at a Wednesday bankruptcy hearing in Texas.The Wall Street Journal reported earlier that the deal is valued at about $800 million, with the mall owners taking about 490 of the chain’s 650 stores. Lenders would swap some of their debt for control of another 160 locations …read more […]

How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […] …read more […]

President Donald Trump could have rescued American small businesses, but he didn’t, says columnist Rhonda Abrams. …read more […]

You may have heard the phrase “common stock” thrown around and wondered what it is. Well, common stock is what most people think of when they think of a stock. A share of common stock represents a share of ownership in a corporation. As a result, the more shares a person owns, the larger a stake they own in the company as well.
Investors and traders buy shares of common stock in the hopes of earning a positive return on their investment. They can do this through capital appreciation or through the payment of dividends.
In addition, owning shares of common stock …read more […]

Billionaire David Tepper is an enormously successful hedge fund manager. For a very long time his long/short equity hedge fund delivered annualized returns of 30% or more after fees. There are only a few hedge fund managers who were able to accomplish this and most of them are billionaires today. We analyzed the performance of […] …read more […]