Snapchat’s CEO Evan Spiegel announced Wednesday that it would stop promoting President Trump’s content on its platform. This move would bring Snapchat’s approach to the president’s rhetoric closer to Twitter’s, while Facebook has maintained it will not take action. Yahoo Finance’s Akiko Fujita joins The Final Round panel to break down Trump’s response to Snapchat’s statements. …read more […]
(Bloomberg) — Len Blavatnik bought Warner Music Group Corp. for $3.3 billion in 2011, as the global music industry was grappling with plummeting record sales and a transition to digital listening dominated by piracy.He took the company public Wednesday with the stock pricing at $25. The shares surged 20% to close at $30.12, giving Warner Music a market value of $15.6 billion after its first day of trading.Entities controlled by Blavatnik, 62, sold about 77 million shares and Warner Music won’t receive any of the proceeds, according to a regulatory filing. He will retain almost all of the voting power. …read more […]
In this article, Manward Press Founder Andy Snyder looks at the Altman Z-Score. It’s a little-known but very powerful indicator formula that helps investors identify companies that are at high risk for bankruptcy.
When it comes to investing, there aren’t many things worse than the “B” word. Of course, we’re talking about bankruptcy. The last thing we want to do when we’re investing is invest in a company that goes bankrupt. Our equity stake goes to zero. That’s bad.
So how do you avoid it? During the coronavirus pandemic, unemployment rates have been higher than we’ve seen since the Great Depression. Gold’s …read more […]
Facebook CEO Mark Zuckerberg is defending his policy approach on Trump’s posts, as Facebook employees stage a virtual walkout. Yahoo Finance’s Dan Howley joins Kristin Myers to discuss the latest developments. …read more […]
It’s not necessary to save every penny to build your fortune, but it’s foolish to spend excessively on luxury items.
As Mark Ford explains today, it’s possible to achieve a good balance: You can live a rich life while building wealth.
Wednesday Wealth Recap:
The race for a coronavirus vaccine has turned out to be very profitable: Alexander Green recently closed out gains of 190% on Moderna (Nasdaq: MRNA) stock and up to 955% on the related calls. Watch Alex’s latest video update for more information.
Nicholas Vardy‘s new Oxford Swing Trader service is off to a strong start, booking a 33% options …read more […]
Optimal Capital Director of Strategy Frances Newton Stacy joins Yahoo Finance’s Kristin Myers to discuss the outlook for the U.S. economy amid disappointing economic data and civil unrest. …read more […]
Yahoo Finance’s Julia La Roche joins Kristin Myers to break down Amazon’s top-selling books. …read more […]
Rosenblatt Securities Managing Director & Senior Analyst Ryan Koontz joins Yahoo Finance’s Zack Guzman to break down Zoom’s latest earnings report. …read more […]
Yahoo Finance’s Heidi Chung joins Zack Guzman to break down the indictment against certain chicken industry executives for alleged price-fixing. …read more […]
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds’ and successful investors’ positions as of the end of the first quarter. You can find articles about an individual hedge fund’s trades on numerous financial […] …read more […]
(Bloomberg) — Private-equity firms notched a major win in Washington with the Trump administration paving the way for the industry to tap a massive pot of money that has long been off limits: the trillions of dollars held in Americans’ retirement accounts.The Labor Department issued guidance Wednesday effectively allowing 401(k) plans to invest in buyout firms. The agency said the move will bolster investment options for consumers and let them access an asset class that can provide better returns than stocks and bonds.In a statement, Labor Secretary Eugene Scalia said the action “will help Americans saving for retirement gain access …read more […]
Deutsche Bank Securities Chief Economist Torsten Sløk joins Yahoo Finance’s Zack Guzman to discuss why stocks are climbing despite the civil unrest across the country and the weak ADP data. …read more […]
(Bloomberg) — Tyson Foods Inc., the biggest U.S. meat processor, will return to its pre-coronavirus absentee policy, which includes punishing employees for missing work due to illness. Workers with Covid-19 symptoms won’t be penalized, the company said.“We’re reinstating our standard attendance policy,” Tyson spokesperson Gary Mickelson said in an email. “But our position on Covid-19 has not changed: Workers who have symptoms of the virus or have tested positive will continue to be asked to stay home and will not be penalized. They will also continue to qualify for short-term disability pay so they can continue to be paid while …read more […]
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