Trading Ideas
3 Reasons FANG Stocks Will Bounce Back
Facebook, Amazon.com, Netflix, and Google parent Alphabet stumbled last week, but you don’t want to bet against them. …read more […]
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Trading Ideas
Les Moonves, one of the highest-paid CEOs in the US, leaves CBS with a net worth of $700 million
CBS Corporation CEO and Chairman Leslie Moonves has left the company after The New Yorker published a new report detailing sexual harassment and assault allegations from six women against the media executive. The accusations followed sexual misconduct and harassment accusations from six other women in July, as The New Yorker reported. The network said Moonves would not receive any severance benefits at this time. …read more […]
Business News
Snap chief strategy officer leaves in latest executive departure
Snap Inc , the parent of Snapchat messaging, said on Monday Chief Strategy Officer Imran Khan will step down, the latest top-level exit amid pressure to stem user declines following a controversial redesign of the app.
Business News
CBS to pay Moonves up to $120 million depending on outcome of probe
CBS Corp said on Monday it will pay up to $120 million to former Chief Executive Officer Leslie Moonves if an internal investigation into allegations of harassment fails to provide grounds for his dismissal.
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Costco Wholesale Corporation Ends Fiscal 2018 With Another Month of Incredible Sales
Costco’s recent sales momentum showed no sign of petering out in August. …read more […]
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Tariffs target Chinese art
CNBC’s Robert Frank takes a look at how the latest round of proposed tariffs on Chinese goods could impact art dealers and collectors. …read more […]
Business News
CBS to pay $120 million to Moonves pending probe outcome
CBS Corp said on Monday it will pay $120 million to former chief executive officer Leslie Moonves if an internal investigation into allegations of harassment fails to provide grounds for his dismissal.
Trading Ideas
3 Surprisingly Strong Dividend Stocks
The best way to win money in Vegas isn’t casinos — it’s dividends. …read more […]
Business News
Europe leads fightback after Asian shares floored again
Gains in Europe helped steady global stock markets on Monday, after rising anxiety about the U.S.-China trade war and further Fed rate hikes gave Asia its longest losing streak since the end of 2015.
Trading Ideas
2 Surprising Reasons Ford Almost Certainly Won't Cut Its Dividend
Ford’s management team has always said its dividend could be maintained during downturns. Here are two reasons that support that stance. …read more […]
Trading Ideas
3 Stocks That Could Make You Rich
A top dog in an off-the-radar industry, an up-and-coming oil driller, and a beaten-down pipeline giant could supercharge your portfolio. …read more […]
Trading Ideas
Greg Abel: Holding a key to Buffett’s Kingdom
Who will succeed Berkshire Hathaway CEO Warren Buffett? …read more […]
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Snap’s Khan Says ‘Best Is Yet to Come’ in Memo of His Departure
Snap Inc. Chief Strategy Officer Imran Khan is leaving the company the pursue other opportunities. This has been a very difficult decision for me to make. There is never a perfect time to say goodbye, but I know that the time is now. …read more […]
Business News
Elliott hits back at Vivendi over Telecom Italia accusations
Activist fund Elliott on Monday struck back at Vivendi after its accusations over the management and share price performance at Telecom Italia since the U.S. fund staged a boardroom coup at the Italian firm.
Trading Ideas
Spotlight on Alibaba CEO Zhang as Jack Ma starts retirement countdown
BEIJING/SHANGHAI (Reuters) – Unlike his charismatic boss, Jack Ma, Alibaba chief executive Daniel Zhang isn’t usually one to grab the limelight, let alone make kung fu movies with superstars or dance in public. “We don’t know much about (Zhang) even though he’s been CEO for a while, because he’s by nature a very low-key person, low profile. The handover of power, the first such transition for any of China’s major tech firms, will see Zhang, 46, elevated to the top of a sprawling empire that spans e-commerce, payments, fast food delivery and brick-and-mortar retail. …read more […]