Articles by admin

(Bloomberg) — Acosta Inc., the marketing firm owned by Carlyle Group LP, has gone bankrupt after big consumer-product firms decided to do more of the work themselves to keep up with changing consumer tastes.The Chapter 11 bankruptcy filing in Wilmington, Delaware, listed liabilities of $1 billion to $10 billion, and no more than $1 billion in assets. Recent records show the company had about $2.85 billion in bonds and loans outstanding, according to data compiled by Bloomberg.Acosta skipped its Oct. 1 bond interest payment and said it was working on a plan that would hand control over to its creditors. …read more […]

Conventional wisdom has it that energy stocks can’t rally without a significant rise in oil prices, but could it be that this logical assumption is wrong? …read more […]

(Bloomberg) — Stocks in Asia were set for a muted start to December as investors weighed data on China’s economy that showed a bright spot for manufacturing and the latest news on the trade front. The Australian dollar rose.Futures pointed marginally higher in Tokyo and Hong Kong. The S&P 500 Index dipped on Friday. On U.S.-China trade: the Global Times reported that China’s government wants tariffs to be rolled back as part of the phase one trade deal with the U.S. Oil was in focus after Iraq said OPEC and its allies will consider deeper production cuts.A gauge of China’s …read more […]

(Bloomberg) — In the heart of New Delhi’s largest wholesale bazaar, merchants who normally compete with each other have united against a common enemy.“Amazon, Flipkart!” one merchant after another shouts into a microphone from a small stage in Sadar Bazaar’s central traffic circle. Some 50 other shopkeepers gathered around shout back in unison: “Go back! Go back!”The sit-in, which created more chaos than usual among the rickshaws, motorbikes and ox-carts plying the market road, was one of as many as 700 protests against Amazon.com Inc. and Walmart Inc. — owner of local e-commerce leader Flipkart — that organizers say took …read more […]

Today, we’ll introduce the concept of the P/E ratio for those who are learning about investing. We’ll look at Genesis… …read more […]

DuPont de Nemours, Exelon, Occidental Petroleum, Ventas, Plains All American Pipeline and CenterPoint Energy present buying opportunities Continue reading… …read more […]

Insiders invest in Gannett, Aramark, ServiceNow, UroGen Pharma and Enphase Energy Continue reading… …read more […]

A look at the retailer’s third-quarter results Continue reading… …read more […]

The ride-sharing company is priced as if it will have immense pricing power; the reality is that the industry is headed toward commodity pricing Continue reading… …read more […]

The 39 malls owned by Tanger Factory Oulet Centers, one of the U.S.’s largest outlet landlords, have flourished despite the so-called retail apocalypse, while shares have fallen more than 60 percent since the middle of 2016, weekly newspaper Barron’s said in its Dec. 2 edition. Concerns about profit growth have hurt the shares and things could get worse for Tanger before they get better if retail tenants continue to struggle and go out of business, according to Barron’s. Tanger shares closed on Friday at $15.22 in New York, which is less than seven times funds from operations, a …read more […]

The United States has formally requested the extradition of Michael Lynch, the British tech billionaire who sold his company to Hewlett Packard (HP) in an ill-fated $11.1 billion deal, to face charges including securities fraud, wire fraud and conspiracy. The U.S. embassy in London submitted the extradition request on Nov. 21 for Lynch to stand trial in the United States, according to a court filing dated Dec. 1. …read more […]

CenterPoint Energy, Occidental Petroleum, Cabot Oil & Gas and Encana present buying opportunities Continue reading… …read more […]

Self-knowledge, personal style, unique thinking, patience and decisiveness are all essential Continue reading… …read more […]