Trading Ideas
Berkshire Hathaway's Buybacks and the Stock's Intrinsic Value
Some thoughts on Buffett’s share repurchases Continue reading… …read more […]
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Business News
ArcelorMittal’s withdrawal from Ilva deal over legal shield is an alibi: minister
Italy’s industry minister called the decision by AcelorMittal to withdraw from a deal to buy Italian steelmaker Ilva on the grounds Rome had lifted immunity from prosecution over pollution issues “an alibi”.
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Resurgent Boeing 737 MAX could trigger jet surplus, analyst warns
Airlines that have been forced to rejig operations due to the grounding of the 737 MAX could face a markedly different problem when Boeing Co’s best-selling jet is finally cleared to re-enter service: a gradual switch to concerns about oversupply, a leading analyst warned on Monday. Rob Morris, global head of consultancy at UK-based Ascend by Cirium, said the combination of any rapid rebound in deliveries, economic worries and an accumulation of market pressures dating back before the crashes could make it hard to absorb the jets. …read more […]
Business News
Boeing’s MAX likely to return to European service in first-quarter: regulator
Boeing’s grounded 737 MAX airliner is likely to return to service in Europe during the first quarter of 2020, the head of the European Union Aviation Safety Agency (EASA) said on Monday.
Business News
Resurgent Boeing 737 MAX could trigger jet surplus, analyst warns
Airlines that have been forced to rejig operations due to the grounding of the 737 MAX could face a markedly different problem when Boeing Co’s best-selling jet is finally cleared to re-enter service: a gradual switch to concerns about oversupply, a leading analyst warned on Monday.
Trading Ideas
Cannabis Companies Spend Record Amount on Lobbying
The cannabis industry is lobbying Washington officials more than ever. Marijuana companies have spent a record $3.77 million on lobbying in Washington so far this year. That’s almost 40% higher than last year and 133% higher than 2017.
So what’s going on here? Here’s the big picture. Cannabis is a brand-new, rapidly growing industry. And cannabis companies are trying to set themselves up to conquer the market. But because cannabis is still illegal at the federal level, those companies are grappling with conflicting state and federal laws, the lack of interstate commerce, little access to banking, and monumental amounts of red …read more […]
Business News
U.S. urged to invest more in AI as China gains ground: report
U.S. government funding in artificial intelligence has fallen short and the country needs to invest in research, train an AI-ready workforce and apply the technology to national security missions, an independent government-commissioned panel said in an interim report on Monday.
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Is Netflix, Inc. (NASDAQ:NFLX) Trading At A 42% Discount?
Today we’ll do a simple run through of a valuation method used to estimate the attractiveness of Netflix, Inc… …read more […]
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Bing Crosby’s palatial Nevada ranch can be yours for $7.3 million
The 2,971-acre ranch has an aircraft hangar and airstrip and can handle 600 cattle. …read more […]
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Is Neurocrine Biosciences (NASDAQ:NBIX) A Risky Investment?
The external fund manager backed by Berkshire Hathaway’s Charlie Munger, Li Lu, makes no bones about it when he says… …read more […]
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Uber to report earnings, ahead of lockup expiration
Uber is set to report after the bell today. Meanwhile its post IPO lockup period expires on Wednesday. …read more […]
Business News
Trade deal hopes propel Wall Street to record high
Wall Street’s three main indexes hit record highs on Monday, lifted by gains in energy and technology stocks on hopes of a U.S.-China trade deal and an improving domestic economy.
Trading Ideas
Why These 3 Canadian Cannabis Giants Shouldn’t Struggle with Oversupply
There has been a lot of hand-wringing lately about the alleged oversupply of cannabis in Canada, fear in many ways that is unjustified at this time. Beyond the obvious, there are a number of reasons why oversupply isn’t going to be much of an issue for major producers like Aurora Cannabis (ACB), Canopy Growth (CGC) and Aphria (APHA). Among them are the increase in retail outlets in Canada, rapidly failing small competitors, wholesale options in the near term, conversion of dried flower to CBD, inevitable decline in black market sales, sales to research labs in the U.S., and an increase …read more […]
Business News
McDonald’s says Easterbrook eligible for six months severance pay
McDonald’s Corp said on Monday former Chief Executive Officer Steve Easterbrook was eligible for six months of severance pay, as part of his termination agreement with the company.
Business News
Oil rises more than 1% on U.S.-China hopes and improved outlook
Oil prices rose more than 1% on Monday, buoyed by an improved outlook for crude demand as better-than-expected U.S. jobs growth added to market hopes a preliminary U.S.-China trade deal would be reached this month.