The coronavirus could lead to an increase of cable-cutters as 64% of U.S. households reported a lack of longterm interest in cable TV plans, according to a new survey. …read more […]
The hydroxychloroquine debate is far from over, as the drug gets qualified support from others deeply involved in the war against the coronavirus. …read more […]
How far off is Facebook, Inc. (NASDAQ:FB) from its intrinsic value? Using the most recent financial data, we’ll take a… …read more […]
Boeing Co has told the Brazilian planemaker Embraer that Embraer has not met conditions needed to complete a civil aerospace tie-up, meaning the $4.2 billion deal is off for the foreseeable future, two people familiar with the matter said. In a letter late on Friday, Embraer declined to agree to an extension to an April 24 deadline to close the deal, which calls for Boeing to buy 80% of Embraer’s commercial aerospace activities, the sources said. Boeing later confirmed the decision. …read more […]
Boeing Co on Saturday said it had canceled a $4.2 billion deal to buy the commercial jets division of Embraer , unraveling years of work on what the Brazilian planemaker expected to be a transformative move. Boeing’s statement confirmed a Reuters story earlier on Saturday and followed a story on Friday in which Reuters reported that the deal was close to collapse as the two parties neared a crucial midnight deadline. Boeing said in the statement that Embraer had failed to meet certain conditions for the deal to go through, although it did not specify which ones. …read more […]
Vanguard and Fidelity report investors “staying the course” two months into the coronavirus plunge in the stock market, despite a notable increase in hardship distributions. …read more […]
Apple’s $399 iPhone SE is an excellent entry into the company’s vast ecosystem at a heck of a price. …read more […]
When investing, not many people think to invest in startups. The companies are new, unproven and come with great risk. But wise investors are always looking for new opportunities. And sometimes those opportunities aren’t on the stock market.
Early investors can see big gains with startups. For example, early Snapchat investors turned $100 into $22,000 when Snapchat went public. That’s a 21,900% gain.
If you’re wondering how to invest in startups, the details are below. Let’s take a look…
What is a Startup?
In order to invest in startups, you need to understand what a startup company is. But this can be difficult. There …read more […]
(Bloomberg) — The growing threat of a meat shortage is helping to lift shares of plant-based protein manufacturer Beyond Meat Inc.The stock jumped 41% last week, its biggest weekly gain since going public last May. The advance followed news of food plant closures that could reduce the amount of pork and beef products available for U.S. shoppers in the near future.“The market’s taking that as if there’s a shortage out there; Beyond Meat can potentially benefit,” said Rupesh Parikh, a senior analyst at Oppenheimer & Co. who tracks food, grocery and consumer products.A surge in demand could provide some needed …read more […]
(Bloomberg) — In another winning week, shares in Zoom Video Communications Inc. ended on a sour note after Facebook Inc. disclosed plans for a competing video chat product.The news sent Zoom shares tumbling, eventually closing with a decline of 6.1% on Friday. Still, the stock managed to gain more than 5% for the week, fueled by a surge in users who have embraced the video-conferencing software for work and socializing while confined to their homes. Zoom’s shares have jumped more than 130% this year, vaulting the company into the ranks of some of the most valuable U.S. companies. At $44 …read more […]
Glass Lewis recommended that at Boeing’s annual meeting on April 27 shareholders vote against Larry Kellner, the chairman of its board who previously oversaw the board’s audit committee. “We believe the audit committee failed to mitigate the risk posed by management’s decisions and should be held accountable for its oversight,” Glass Lewis said in its recommendation. …read more […]
Glass Lewis recommended that at Boeing’s annual meeting on April 27 shareholders vote against Larry Kellner, the chairman of its board who previously oversaw the board’s audit committee. “We believe the audit committee failed to mitigate the risk posed by management’s decisions and should be held accountable for its oversight,” Glass Lewis said in its recommendation. …read more […]
Companies across a range of industries are slashing or suspending dividends to cope with the economic fallout from the coronavirus outbreak, complicating the stock selection process for money managers eager to buttress their portfolios with a steady stream of income. The past week’s plunge in oil prices has potentially accelerated that process, raising concerns about the rock-steady dividends of companies such as Exxon Mobil and Chevron Corp, which are set to report results on Friday, May 1. The S&P 500 dividend aristocrats index, which tracks companies that have increased dividends annually for the past 25 years and includes …read more […]
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