Articles by admin

Australia’s Westpac Banking Corp faces a showdown with investors at its annual meeting this week, seeking to hold back an avalanche of outrage over a money laundering scandal that includes accusations of enabling child exploitation payments. The chairman, CEO and compliance chief of Australia’s oldest and second-largest bank have quit since the bombshell disclosure three weeks ago. The company also faces a possible vote against its executive pay for a second year under Australia’s “two strike” rule. …read more […]

Macy’s shares are popping, despite Goldman Sachs lowering their rating on the retailer. Goldman’s analyst also slashing her price target on Macy’s to $12 a share. Yahoo Finance’s Seana Smith and Brian Sozzi discuss on The Ticker. …read more […]

This morning in The War Room, we had a great discussion about the drama that’s now following the holiday commercial put out by Peloton (Nasdaq: PTON).
Here’s the scoop…
As you know, Peloton sells $2,000 exercise bikes that come with a membership-based subscription model – and the company recently IPO’d on Wall Street.
Since mid-September, Peloton shares have traded in a range from $20 up to $37.
But then the company’s holiday-inspired commercial came out…
In it, a husband surprises his wife on Christmas morning with a new Peloton bike, which she’s excited to get. She then goes on to document her experience of using …read more […]

Even if it’s not a huge purchase, we think it was good to see that William A. Burns, the Independent Non-Executive… …read more […]

It’s only natural that many investors, especially those who are new to the game, prefer to buy shares in ‘sexy’ stocks… …read more […]

These stocks have an average yield of 3% Continue reading… …read more […]

Canopy Growth shares are surging today, after the cannabis giant announced it has landed a new CEO. Former Canopy Growth Co-CEO and Vireo Health Executive Chairman Bruce Linton joins Yahoo Finance’s Zack Guzman and Brian Cheung, along with Campus Reform Editor-in-Chief Cabot Phillip, to discuss the company’s leadership shakeup and more. …read more […]

“We are amicably parting ways with SoftBank and SoftBank will no longer have board representation,” Chief Executive Garrett Smallwood said in a memo to employees, the report said. Wag, which earlier this year laid off several dozen employees, is letting go a significant amount of the remainder of its workforce, the report said. SoftBank and Wag Labs did not immediately respond to Reuters request for comment. …read more […]

In the mutual fund landscape, some names are more recognizable than others. T. Rowe Price funds are among the top players vying for a share of investors’ attention and money. “Like Vanguard and other fund companies, the funds are enormous, holding billions of dollars’ worth of stocks and bonds,” says Holmes Osborne, principal at Osborne Global Investors in Santa Monica, California. …read more […]

(Bloomberg) — Destination Maternity Corp. canceled its bankruptcy auction and Marquee Brands LLC was declared the winner, making it likely that the chain’s stores will be shut down.The cancellation was disclosed in a court filing Monday, signaling that no other qualified bids were received by last week’s deadline. Plans previously disclosed call for Marquee to shutter the brick-and-mortar outlets but keep the brand alive online and possibly inside department stores.Marquee will get the retailer’s name, website and other operating assets for about $50 million. Hilco Merchant Resources and Gordon Brothers Retail Partners would run store-closing sales at its remaining 235 …read more […]