Articles by admin

Horos Asset Management recently released its Q1 2020 Investor Letter, a copy of which you can download here. Horos Value Iberia fell by -35.1% compared to -27.6% of its benchmark index. On the other hand, Horos Value Internacional was down by -30.2% compared to -19.6% of its benchmark index. You should check out Horos Asset […] …read more […]

Yahoo Finance’s Alexis Christoforous and Brian Sozzi discuss what’s happening in the markets today with Ned Davis Research Chief Global Investment Strategist, Tim Hayes. …read more […]

Wirecard shares crashed to 2.5 euros on Thursday from 104.5 euros a week ago, before the company revealed a $2.1 billion hole in its accounts. Together, the 10 hedge funds have made hundreds of millions between the company announcing its mammoth accounting hole on June 18 and Thursday, when it applied for insolvency. London-based TCI has made a profit of 173.6 million euros, while Marshall Wace and Greenvale have made 146.5 million and 110.1 million, respectively, according to Reuters calculations. …read more […]

The company separately said it would buy back up to $1.5 billion worth of senior notes due in 2021 and 2022 as it tries to reduce its debt, which ballooned to $40 billion after an ill-timed acquisition of Permian producer Anadarko last year. Occidental said it expects preliminary oil and gas production from continuing operations for the second quarter to lean toward the high-end of range of 1.3 million-1.4 million barrels of oil equivalent per day (mboed). The Anadarko purchase saddled Occidental with a huge debt and the oil-price crash has cut the value of assets Occidental picked …read more […]

(Bloomberg) — Macy’s Inc. announced plans to slash thousands of back-office jobs in a striking admission that the reeling retail sector won’t be returning to the good old days anytime soon.The restructuring, including the elimination of about 3,900 corporate and management jobs, is expected to save the company $365 million this fiscal year, then about $630 million a year going forward, it said in a statement.“We know that we will be a smaller company for the foreseeable future, and our cost base will continue to reflect that moving forward,” Chief Executive Officer Jeff Gennette said.Shares fell as much as 4.2% …read more […]

Yahoo Finance’s Alexis Christoforous and Brian Sozzi break down the latest coronavirus news with Dr. Dara Kass, Yahoo Finance Medical Contributor and Columbia University Associate Professor of Emergency Medicine. …read more […]

Under the deal, Catalent will provide manufacturing services for an initial 100 million doses starting in the third quarter at its facility in Bloomington, Indiana. It will also provide other packaging and labeling, storage and distribution services at its facilities in Philadelphia, Pennsylvania to support Moderna’s late-stage vaccine trial, which is expected to begin in July. Drugmakers including Johnson & Johnson and AstraZeneca Plc have also signed agreements to boost manufacturing capacity for their experimental vaccines even before having adequate evidence of their efficacy. …read more […]

The European Medicines Agency (EMA) said on Thursday its human medicines committee (CHMP) recommended the drug’s use in adults and adolescents from 12 years of age with pneumonia who require oxygen support. In the United States, it could be priced up to $5,080 per course, while Indian generic drugmakers will sell the treatment between 5,000 rupees to 6,000 rupees ($66.13-$79.35). The EMA endorsement, which comes just weeks after a speedy review, means physicians can prescribe the Gilead drug, to be branded Veklury, in Europe once approved by the European Commission, which usually follows CHMP recommendations. …read more […]

The oil industry’s inroads to cutting supply are “dwarfed by the by the cuts that we’ve seen in demand,” even as states re-open their economies amid the coronavirus pandemic, says one oil expert. …read more […]

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The once high-flying payments firm Wirecard files for insolvency after a €1.9bn accounting scandal. …read more […]

From deploying experts amid global travel restrictions to managing extreme storage conditions, and even inventing new kinds of vials and syringes for billions of doses, the path is strewn with formidable hurdles, according to Reuters interviews with more than a dozen vaccine developers and their backers. Any hitch in an untested supply chain – which could stretch from Pune in India to England’s Oxford and Baltimore in the United States – could torpedo or delay the complex process. Col. Nelson Michael, director of the U.S. Army’s Center for Infectious Disease Research who is working on the government’s “Warp …read more […]

Hashtag Investing is an exclusive social media network offering a community and tools for DIY investors. In this review of Hashtag Investing, we’ll take you inside the platform and let you know the pros and cons.

What Is Hashtag Investing?
Hashtag investing is a social media tool specifically designed for Do-It-Yourself (DIY) investors. Like other social media tools, it helps to connect people all over the country and even internationally. But what differentiates this one is that its sole focus is on investing.
The point is to connect DIY investors and stock traders with other people who are interested in investing. The community …read more […]

We’ve been missing the sea a lot these days.
In our younger years, we spent hundreds of days rising up and down on the swells far beyond the sight of land.
It’s a beautiful thing, way out there.
Perhaps we love it because the ocean doesn’t show the wear of time.
It’s like no other place on earth.
The waves and the water today look the same as they did a century ago… two centuries ago… and far longer.
For ages, man has cut his wake through the sea.
In that instant, the water splashes and boils behind him. Behind his craft, the stir is a hellish …read more […]