Articles by admin

Q3 2019 Dunkin’ Brands Group Inc Earnings Call …read more […]

(Bloomberg) — Under Armour Inc. disclosed that federal officials have been probing its accounting practices for more than two years, bringing a fresh headache to investors just as the sports brand prepares for a CEO transition.The company said on Sunday that it’s cooperating with investigations by the U.S. Securities and Exchange Commission and the U.S. Department of Justice and doesn’t think it’s done anything wrong. The remarks, spurred by a report in the Wall Street Journal, came the day before Under Armour is slated to post its third-quarter earnings.“The company began responding in July 2017 to requests for documents and …read more […]

When you buy shares in a company, it’s worth keeping in mind the possibility that it could fail, and you could lose… …read more […]

Asian shares rose to 14-week highs on Monday as growing optimism over U.S.-China trade talks and upbeat U.S. job data boosted global investors’ appetite for riskier assets. The United States and China both said on Friday that they had made progress in talks aimed at defusing their protracted 16-month-long trade war, and U.S. officials said a deal could be signed this month. “As much as the U.S.-China trade updates continue to point to a Phase 1 deal looking like a certainty, the contentious issues on whether the U.S. will cancel the planned December tariffs and remove some of …read more […]

Nov.03 — Vincent Deluard, global macro strategist at INTL FCStone Financial, talks about U.S. technology and international stocks. He speaks with Shery Ahn and Haidi Stroud-Watts on “Bloomberg Daybreak: Asia.” …read more […]

Under Armour Inc is under investigation by U.S. federal law enforcement officials over whether the sportswear maker shifted sales from quarter to quarter to appear financially healthier, the Wall Street Journal reported on Sunday. The Baltimore-based company confirmed that it is under investigation and is cooperating with the Justice Department and U.S. Securities and Exchange Commission. It also defended its accounting practices and disclosures. …read more […]

(Bloomberg) — Stocks edged higher in Asia and American equity futures advanced amid optimism China and the U.S. are moving closer to an interim trade deal. Australian bond yields climbed.Shares rose in Sydney and Seoul, though a capital raising at one of Australia’s largest banks capped the positive sentiment. Contracts on the S&P 500 edged up after the index rose 1% on Friday to a fresh all-time high when data showed the economy added more jobs than forecast. South Africa’s rand advanced after the country clung on to its investment-grade credit rating. Markets are shut in Tokyo, so Japanese equities …read more […]

(Bloomberg) — It’s the day so many ordinary Saudis have eagerly awaited.The sale of shares in their national oil giant, Aramco, has been three years in the making and fraught with delays. The buzz in Riyadh is now not if, but when people can own a piece of the most profitable company on the planet. Provided, of course, they have the money.“We knew it was a matter of time, so all the talk in the office was everybody save up, have some cash ready to go,” said Nosaibah Alrajhi, 30, who founded and runs a financial services company. “I have …read more […]

(Bloomberg) — Fitbit Inc., soon to be acquired by Google, says it’s shifting manufacturing operations out of China for its health trackers and smartwatches to avoid U.S. tariffs. But until then, it wants relief from President Donald Trump’s duties.The smartwatch maker has filed a request for an exclusion on the 15% duty that took effect Sept. 1 on its wrist-wearable communications devices, saying that while its goal is to eliminate the use of Chinese manufacturers, it “respectfully requests” a tariff waiver for its smartwatches and fitness trackers now imported from China.The duties will allow Chinese firms such as Huawei Technologies …read more […]

Q3 2019 MEDNAX Inc Earnings Call …read more […]

McDonald’s CEO Steve Easterbrook has been ousted after an inappropriate relationship with an employee. Here’s what we know about the new guy atop the Golden Arches. …read more […]