Articles by admin

(Bloomberg) — Hertz Global Holdings Inc. is seeking debtor-in-possession financing more than two months after filing for Chapter 11 protection after its unusual attempt to raise money selling potentially worthless shares fell through.The bankrupt rental-car giant said in a regulatory filing Monday it is looking for new sources of cash with the travel business in a deep slump and proceeds from the sale of its cars going to pay off creditors. Hertz raised just $29 million from selling its stock before questioning by Securities and Exchange Commission officials led the company to terminate plans to offer as much as $500 …read more […]

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made… …read more […]

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Adelene Perkins became the CEO of Infinity Pharmaceuticals, Inc. (NASDAQ:INFI) in 2010, and we think it’s a good time… …read more […]

A look at the shareholders of Equillium, Inc. (NASDAQ:EQ) can tell us which group is most powerful. Institutions will… …read more […]

Stock futures rose Tuesday morning, with the S&P 500 closing in on a record level as hopes for a vaccine and further stimulus spurred a global risk rally. …read more […]

Today we’ll do a simple run through of a valuation method used to estimate the attractiveness of Duke Energy… …read more […]

* WELL achieved record quarterly patient services revenues in the second quarter due to: (1) a successful shift to telehealth which included significant revenues from both VirtualClinic+ and phone consultations; (2) WELL’s family practice business proved to be highly resilient; and (3) WELL’s corporate-owned clinics remained open as a critical business throughout the COVID-19 pandemic. * COVID-19 has caused an acceleration of WELL’s telehealth business as patients observing physical distancing measures increasingly turned to telehealth during the pandemic. …read more […]

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Every few years, a new buzzword must be invented to describe ecologically responsible agriculture.
In the beginning, it was “organic.” Then it was “sustainable.” Today it’s “regenerative.”
Organic gradually fell out of favor because it was not broad enough. It did not capture the benefits of soil development.
Viewed over time as a system of don’ts, the word failed to showcase positive practices.
And once the government owned the word through regulation, its value plummeted fast with industrial “greenwashing.”
So, organic gave way to sustainable.
This may have been an improvement because it sought to answer the question of perpetuity. Could the system actually survive and …read more […]

We can readily understand why investors are attracted to unprofitable companies. For example, although… …read more […]

(Bloomberg) — They’ve occupied Hong Kong’s central business district, marched by the hundreds of thousands through the city’s streets and endured tear gas and pepper spray in pitched battles with riot police.Now Hong Kong’s pro-democracy supporters are wielding a new protest weapon: their stock-market trading accounts.To show support for Jimmy Lai, the publisher and outspoken government critic who was arrested Monday under the city’s new national security law, Hongkongers have been piling into shares of his media company, Next Digital Ltd. The result: a more than 1,100% surge in two days that propelled the stock to a seven-year high.“There are …read more […]

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Shares in Novavax (NVAX) rose 5% in Monday’s trading after the late-stage biotech announced positive second quarter earning results. However the stock subsequently pulled back 2.4% in after-hours trading.The vaccine maker also stated that it secured $2 billion in funding for development and commercialization of NVX-CoV2373, a vaccine candidate engineered from the genetic sequence of SARS‑CoV‑2, the virus that causes Covid-19 disease.The funding consists of up to $388 million from the Coalition for Epidemic Preparedness Innovations (CEPI); up to $60 million from the U.S. Department of Defense (DoD) funding; and up to $1.6 billion from the U.S. Government funding through …read more […]