Freeport-McMoRan Inc. (NYSE:FCX) shareholders (or potential shareholders) will be happy to see that the Director, John… …read more […]
(Bloomberg) — The world’s largest bond market looks set for yet another bout of fear-induced trading next week, and this one could drive yields back to the panicky lows reached a few months ago.The rising toll and rapid spread of the Wuhan coronavirus has strengthened demand for safe assets, sending Treasuries back to levels last seen when investors were fixated on recession risks. The yield curve re-inverted this week. The benchmark 10-year is close to slipping below 1.5% for the first time since early September, while the 30-year dipped below 2% on Friday.It may not take a lot to rush …read more […]
Some companies have warned that a coronavirus outbreak in China that has killed more than 250 people and infected thousands could disrupt supply chains or hurt bottom lines as factories and shops shut and airlines suspend flights.
Starbucks Corporation (NASDAQ:SBUX) is about to trade ex-dividend in the next 3 days. Ex-dividend means that investors… …read more […]
CGI Inc. (TSE:GIB.A) just released its latest quarterly report and things are not looking great. CGI missed earnings… …read more […]
Every investor should look at a company’s balance sheet. It tells you how much money the company has, owes, and what’s left over when you put the two together. But to properly value a company, you need to understand what it all means. One thing you may not know is accumulated depreciation. That brings you to the question…
What is Accumulated Depreciation?
Accumulated depreciation is the sum of an asset’s depreciation expense. It’s calculated from the start of its use to a specific date. It’s also a contra-asset account. That means it decreases the balance in the asset’s account. To increase the …read more […]
Boeing CEO David Calhoun said former employees who exchanged sarcastic instant messages condemning the 737 Max were part of a “micro-culture” who do not reflect the company’s values. …read more […]
Warren Buffett was wrong about newspapers and IBM, but the world’s greatest investor is still right more often than he’s wrong. …read more […]
It’s been a sad week for Anthem, Inc. (NYSE:ANTM), who’ve watched their investment drop 11% to US$265 in the week… …read more […]
Today, we’ll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical… …read more […]
(Bloomberg) — There’s a lot riding on Prime Minister Narendra Modi’s budget this fiscal year. Once the world’s fastest growing economy, India is now trying to restart economic growth that’s dipped to an 11-year low.Finance Minister Nirmala Sitharaman said this budget was aimed to boosting incomes and enhancing purchasing power, stressing that the economy’s fundamentals were strong and inflation was well contained.Here’s a short list of winners and losers from Saturday’s budget announcements.WINNERSTransport InfrastructureSitharaman unveiled plans for India’s highways and railways, proposing 1.7 trillion rupees ($23.7 billion) for transport infrastructure that includes the accelerated development of highways and plans to …read more […]
Bankrupt California power producer PG&E Corp said on Saturday it had submitted an updated bankruptcy reorganization plan including a new board of directors and new roles aimed at addressing concerns raised by California Governor Gavin Newsom.
PG&E filed for Chapter 11 protection in January last year, citing potential liabilities in excess of $30 billion from deadly wildfires in 2017 and 2018 linked to its equipment. Newsom, in a public letter to the company on Dec. 13, had rejected an earlier PG&E reorganization plan saying it lacked major changes in governance and tougher safety enforcement mechanisms mandated under the state wildfire statute. Newsom has accused the company of putting profit ahead of maintenance of its power lines and of poorly managing the widespread blackouts PG&E used to avoid sparking wildfires during high winds. …read more […]
Apple Inc on Saturday said it would shut all of its official stores and corporate offices in mainland China until Feb 9. as fears over the coronavirus outbreak mounted and the death toll more than doubled to over 250 from a week ago.
(Bloomberg) — Apple Inc. will close its corporate offices, stores and contact centers in mainland China through February 9, a move the company says comes out of an “abundance of caution and based on the latest advice from leading health experts.”The move comes as global companies with heavy Chinese footprints weigh how to respond to the threat of the spreading coronavirus that has prompted worldwide concern but remains primarily concentrated in China, the country where it first surfaced.Australia’s largest airline Qantas Airways Ltd. and Cebu Air Inc., the Philippines’ largest budget carrier, announced today they’d halt flights to China. Automakers …read more […]
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
