Articles by admin

Kevin Smith reflects on his 25-year-career in Hollywood. The writer, director and actor says because he makes specific types of movies, he’s never really judged against any other directors but himself. (Oct. 13) …read more […]

(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. The pledges China and the U.S. made to keep prospects alive for a comprehensive trade deal did little to alter the deteriorating growth outlooks for both countries because they were sealed with something economists don’t trust: a handshake.China agreed Friday to more than double its annual purchases of American agricultural products to as much as $50 billion — providing a political shot in the arm to a rural constituency that’s key to President Donald Trump’s 2020 re-election bid more than …read more […]

The package would significantly increase the stake of SoftBank, which already owns around one third of WeWork, and further dilute the influence of co-founder Adam Neumann, the Journal reported. Reuters previously reported that SoftBank was in negotiations to make a $1 billion investment to enable WeWork to go through a major restructuring. WeWork is working with JPMorgan Chase & Co to negotiate a $3 billion debt deal after a planned initial public offering was tabled last month because of investor concerns about how it was valued and its business model, sources told Reuters. …read more […]

(Bloomberg Opinion) — A small $1.5 billion company is attracting the biggest movers in finance in what’s shaping up as the first high-profile foreign hostile takeover in Japan. If successful, it could wake up the sleepy $228 billion market of publicly listed real-estate companies.The attention is on Unizo Holdings Co., until recently an obscure developer and hotel operator. The company has a big chunk of its office rental business, which accounts for about 90% of operating income, in Tokyo, where the vacancy rate is as low as 2% and a decent 3.5% yield can be earned. The developer’s stock came …read more […]

After several tireless days we have finished crunching the numbers from nearly 750 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms’ equity portfolios as of June 28. The results of that effort will be put on display in this article, as […] …read more […]

Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The last 12 months is one of those periods, as the Russell 2000 […] …read more […]

(Bloomberg) — Syrian President Bashar al-Assad sent troops to the northeast of the country to confront a Turkish offensive, raising risks of an escalation after Kurdish fighters turned to Damascus in the absence of U.S. support.The state-run SANA news agency said soldiers from the Syrian Arab Army had begun to move northwards. The Kurdish command for the northeast said it had reached a deal with Assad. The deployment comes after U.S. President Donald Trump ordered remaining U.S. forces in northern Syria to withdraw in the face of a rapid Turkish advance that has drawn international condemnation and the threat of …read more […]

(Bloomberg) — An unprecedented blackout that plunged millions of Californians into the darkness for days is over.And nobody can say when the next will hit.Even as PG&E Corp. declared an end to last week’s shutoffs — a deliberate move to keep power lines from sparking the kind of blazes that forced the utility into bankruptcy — the company warned that more will come. “It’s a future we must be ready for given the conditions and risks that we face,” Chief Executive Officer Bill Johnson said in a press conference with reporters.California still has six weeks left in its traditional wildfire …read more […]

(Bloomberg) — Emerging-market stocks halted a three-week slide and currencies rose as two days of talks ended with the U.S. and China agreeing on the outline of a partial trade accord. As part of the deal, China will significantly step up purchases of U.S. agricultural commodities, while the U.S. will delay a tariff increase due this week. Trump said the deal was the first phase of a broader agreement.The following is a roundup of emerging-markets news and highlights for the week ending Oct. 11.Highlights:The U.S. and China reached a partial agreement Friday that includes certain intellectual-property measures and concessions related …read more […]

(Bloomberg) — The European Union made a last-ditch appeal to the U.S. to refrain from triggering retaliatory tariffs over illegal subsidies to Airbus SE, warning of economic harm to both sides and repeating a call for a negotiated solution.European Trade Commissioner Cecilia Malmstrom told her U.S. counterpart, Robert Lighthizer, that his plan to hit $7.5 billion of EU goods ranging from planes to whiskey with duties would compel the EU to apply countermeasures in a parallel lawsuit over market-distorting aid to Boeing Co. U.S. levies would make a negotiated settlement harder to reach, she said.“I strongly believe that imposing additional …read more […]

Tourist visas for Saudi Arabia are now available online and on arrival to holidaymakers who already hold a visa from the United States, Britain or the EU’s Schengen zone, expanding eligibility beyond an initial list of 49 countries. The conservative Muslim kingdom, relatively closed off for decades, launched a new visa regime last month for nationals from countries in Europe, North America and much of Asia to boost foreign tourism and diversify the economy away from oil. Executive regulations published over the weekend stipulate that people from other countries who have a tourist or commercial visa from the …read more […]