No Picture
Trading Ideas

Walt Disney Suspends Dividend and Cuts History of Growth

Walt Disney suspended its dividend for the first half of 2020. It normally pays a semi-annual dividend and has a long history of dividend growth. It’s even a coveted blue chip stock. So this move comes as a shock to many investors.
The coronavirus has disrupted many industries and the house of mouse isn’t exempt. Disney is a diversified media giant with products like Disney+ streaming, which has seen a sales bump. While others, like its theme parks, have shut down completely. That’s a big loss of revenue.
To stay in a position of financial strength, management is making tough decisions. The …read more […]

No Picture
Trading Ideas

Coronavirus latest: Tuesday, May 12

Dr. Fauci testified at Congress on Tuesday to offer his opinions and reservations about the coronavirus vaccines and reopening the United States. Yahoo Finance’s Anjalee Khemlani joins The Final Round panel to break down the latest news about the coronavirus. …read more […]

No Picture
Trading Ideas

How to Make a Budget and Track Your Money

Sometimes personal finances can be overwhelming. Maybe you feel like you have too much debt, are spending too much each month or have no idea how much money you’re really making. If so, you may realize that a first step to getting ahold of your financial life is budgeting. In this article, I will teach you how to make a budget so that you can manage your personal financial life.

What Exactly Is a Budget?
A budget is a plan. More specifically, it is a financial plan so that you know how much money you are earning and spending each month. The …read more […]

No Picture
Trading Ideas

Citron Research Accuses Peloton Stock Of Peddling Its Way To Stupidity

Shares in home-fitness cycling company Peloton Interactive (PTON) have surged 10% in trading on May 12, bringing the stock’s year-to-date gain to over 65%. That’s after the company informed investors that it surpassed 1 million aggregate Connected Fitness subscribers.And now Andrew Left of Citron Research argues that enough is enough and investors should put Peloton into perspective: “This is retail mania – you can love the product, but stock has peddled its way to stupidity” tweeted the well-known activist short seller on May 12.As Left points out Peloton’s market cap has surged $5B this year; and with 300K connected subscribers …read more […]

No Picture
Trading Ideas

Paul Krugman Says the Liquidity Trap Has Spread to Emerging Markets

(Bloomberg) — Two months into the deepest slump in decades, some of Latin America’s major economies are close to losing their main recession-fighting tool — interest rate cuts.Peru and Chile have already lowered borrowing costs almost to zero, and are being forced to consider new tactics to rescue their crashing economies. Brazil and Colombia may soon be in the same boat.The so-called liquidity trap, when monetary policy loses its traction as interest rates get close to zero, has plagued rich countries for years. Nobel-Prize winning economist Paul Krugman says it has now spread to some emerging markets as well.“There’s nothing …read more […]

No Picture
Trading Ideas

Luckin Coffee sacks CEO, COO for alleged fraud

Luckin, a major rival to Starbucks in China, revealed in April that much of its 2019 sales of about 2.2 billion yuan ($310.77 million) were fabricated by its COO and other employees, who had been suspended while the company carried out its investigation. Jenny Zhiya Qian and Jian Liu, who were CEO and COO respectively, will also exit the company’s board. Meanwhile, Luckin’s chairman, Charles Zhengyao Lu, and Qian handed over shares in the coffee chain to lenders after a company controlled by Lu’s family defaulted on a $518 million margin loan. …read more […]