Trading Ideas
Short-seller calls Dropbox a 'slowly melting business,' sees 25-60% downside
A forensic accountant, Ben Axler has some questions about the cash flow statement. …read more […]
Articles by admin
Trading Ideas
Reading Between the Lines of Last Week’s Fed Meeting
The Federal Reserve had its first meeting of 2020 last Wednesday.
Typically, after a meeting, the Fed will make three moves…
First, it will issue a brief statement, which it did last Wednesday.
Then, periodically, the chairman – currently Jerome Powell – will have a press conference. But we got no press conference from the Fed last week.
Finally, the month after the meeting, the Fed minutes will be issued.
These three forms of communication are some of the most closely parsed words in the world.
But when a Fed chair is new, they sometimes make rookie mistakes.
For example, then-Fed Chair Ben Bernanke, who shepherded the …read more […]
Trading Ideas
Coronavirus update: Business impact widens as China fights to get infections under control
China’s deadly coronavirus outbreak continues to threaten multi-national companies, as a range of businesses from leisure to retail suffer from the outbreak’s after-effects. …read more […]
Trading Ideas
Hollywood A-listers support Bernie and Mayor Pete, snub Trump and Bloomberg
Who are the Oscar nominees supporting in the 2020 election? …read more […]
Trading Ideas
Casper Sleep Slips Below IPO Price on Second Day as Public Firm
(Bloomberg) — Bed-in-a-box seller Casper Sleep Inc., already worth less than half the valuation it reached as a private company, sunk below its initial public offering price on its second day of trading.Casper shares fell 18% Friday to $11.05 in New York trading, below the $12 offer price in its IPO this week. The New York-based company ended the week with a market valuation of $438 million after being being valued at $1.1 billion in a private funding round last year.Friday’s decline shows investors have grown skeptical of money-losing unicorns — startups whose private valuations reached $1 billion or more. …read more […]
Business News
Stocks retreat from record but notches strong week
Wall Street fell from record levels on Friday after a four-day rally as investors digested the monthly U.S. jobs report and braced for the next coronavirus developments, but stocks still posted solid gains for the week.
Trading Ideas
Coronavirus spurs wave of U.S. flight cancellations
The coronavirus is striking a blow to U.S. airlines as they are forced to cancel flights amid decreased travel to and from China. Yahoo Finance’s Seana Smith and Alexis Keenan discuss. …read more […]
Trading Ideas
'Most of the job growth is happening with people over age 55': Economist
A growing older-age working class population could be one factor keeping wage growth from accelerating further, according to at least one economist. …read more […]
Trading Ideas
Earnings Follow-Up: 47% Gains Overnight on Twitter
The post Earnings Follow-Up: 47% Gains Overnight on Twitter appeared first on Investment U. …read more […]
Business News
More pain in store for Canadian marijuana companies after Aurora Cannabis, Tilray cut jobs
Investors are bracing for more job cuts and writedowns at Canadian cannabis producers before the industry stabilizes and becomes profitable, after two of the biggest weed companies, Aurora Cannabis and Tilray announced cost reductions this week.
Business News
Bank of America CEO Moynihan’s 2019 compensation remains unchanged at $26.5 million
Bank of America Corp said on Friday that Chief Executive Officer Brian Moynihan’s 2019 compensation remained $26.5 million, the same as a year earlier.
Business News
Investor backing proved poison chalice for Credit Suisse CEO
As the chairman of Credit Suisse prepared for a crunch meeting of directors over the future of its chief executive, the vocal backing of a U.S. investor for Tidjane Thiam had unintended consequences, helping seal the ousted CEO’s fate.
Trading Ideas
Goldman Sachs: Stay invested because odds of positive return this year are high
Goldman Sachs urging investors to stay invested because odds of positive return this year are high. Its ISG Managing Director Brett Nelson joins Yahoo Finance’s Seana Smith and Julia la Roche on The Ticker to discuss. …read more […]
Business News
Stocks fall on fears China virus to slow growth, gold gains
Global equity markets and government debt yields slumped on Friday as growing concerns about the impact of the coronavirus on global growth overshadowed a strong U.S. jobs report that indicated an economy on pace to grow moderately.
Trading Ideas
FedEx Rises Most Since November on E-Commerce Efficiency Plan
(Bloomberg) — FedEx Corp. rose the most in three months after saying it plans to hand off some deliveries from its overnight division to its separately-run ground business, attempting to wring more profit from surging e-commerce.The arrangement is part of Chief Executive Officer Fred Smith’s strategy to tackle the flood of residential packages from online shopping, which can be more expensive to handle than commercial goods because fewer items are left at each stop. By having Express hand off less time-sensitive parcels to its Ground unit for final delivery, the company will reduce cases in which a driver from both …read more […]