Trading Ideas

Every investor should look at a company’s balance sheet. It tells you how much money the company has, owes, and what’s left over when you put the two together. But to properly value a company, you need to understand what it all means. One thing you may not know is accumulated depreciation. That brings you to the question…
What is Accumulated Depreciation?
Accumulated depreciation is the sum of an asset’s depreciation expense. It’s calculated from the start of its use to a specific date. It’s also a contra-asset account. That means it decreases the balance in the asset’s account. To increase the …read more […]

Boeing CEO David Calhoun said former employees who exchanged sarcastic instant messages condemning the 737 Max were part of a “micro-culture” who do not reflect the company’s values. …read more […]

Warren Buffett was wrong about newspapers and IBM, but the world’s greatest investor is still right more often than he’s wrong. …read more […]

It’s been a sad week for Anthem, Inc. (NYSE:ANTM), who’ve watched their investment drop 11% to US$265 in the week… …read more […]

Today, we’ll introduce the concept of the P/E ratio for those who are learning about investing. To keep it practical… …read more […]

(Bloomberg) — There’s a lot riding on Prime Minister Narendra Modi’s budget this fiscal year. Once the world’s fastest growing economy, India is now trying to restart economic growth that’s dipped to an 11-year low.Finance Minister Nirmala Sitharaman said this budget was aimed to boosting incomes and enhancing purchasing power, stressing that the economy’s fundamentals were strong and inflation was well contained.Here’s a short list of winners and losers from Saturday’s budget announcements.WINNERSTransport InfrastructureSitharaman unveiled plans for India’s highways and railways, proposing 1.7 trillion rupees ($23.7 billion) for transport infrastructure that includes the accelerated development of highways and plans to …read more […]

PG&E filed for Chapter 11 protection in January last year, citing potential liabilities in excess of $30 billion from deadly wildfires in 2017 and 2018 linked to its equipment. Newsom, in a public letter to the company on Dec. 13, had rejected an earlier PG&E reorganization plan saying it lacked major changes in governance and tougher safety enforcement mechanisms mandated under the state wildfire statute. Newsom has accused the company of putting profit ahead of maintenance of its power lines and of poorly managing the widespread blackouts PG&E used to avoid sparking wildfires during high winds. …read more […]

(Bloomberg) — Apple Inc. will close its corporate offices, stores and contact centers in mainland China through February 9, a move the company says comes out of an “abundance of caution and based on the latest advice from leading health experts.”The move comes as global companies with heavy Chinese footprints weigh how to respond to the threat of the spreading coronavirus that has prompted worldwide concern but remains primarily concentrated in China, the country where it first surfaced.Australia’s largest airline Qantas Airways Ltd. and Cebu Air Inc., the Philippines’ largest budget carrier, announced today they’d halt flights to China. Automakers …read more […]

“Out of an abundance of caution and based on the latest advice from leading health experts, we’re closing all our corporate offices, stores, and contact centers in mainland China through February 9,” Apple said in a statement. Earlier this week, Apple closed three stores in China due to concerns about the spread of the virus. It’s joining a handful of overseas retailers, including Starbucks Corp and McDonald’s Corp to temporarily shut storefronts as a precautionary measure. …read more […]

Gambling revenue in the Chinese territory of Macau dropped 11.3 percent in January year-on-year, with the world’s biggest casino hub a near ghost town after authorities announced a raft of measures to keep visitors away and contain a fast-spreading new coronavirus. January’s figure of 22.1 billion patacas ($2.76 billion) was worse than analyst expectations of a drop of around 2 percent – estimates that were made prior to the implementation of visitor restrictions last week. …read more […]

Q3 2020 GSI Technology Inc Earnings Call …read more […]

(Bloomberg) — PG&E Corp. is pushing California Governor Gavin Newsom to support a proposal by the utility to issue billions of dollars in bonds backed by customer bills to help pay for its bankruptcy plan, according to people familiar with the matter.The effort to win the governor’s support comes as PG&E has a Friday deadline to file its $46 billion restructuring plan with state regulators. Newsom’s office hasn’t signed off on the idea of using bonds, the people said.The proposal is one of the final issues the two sides are debating as PG&E pushes to emerge from the largest utility …read more […]

The jury is still out on whether to allow the deal, but the market may have the final word on whether a merger happens Continue reading… …read more […]

(Bloomberg) — U.S. health regulators approved the first drug for children and teenagers with peanut allergies, marking a potential paradigm shift in treatment.The drug, which will be sold under the brand name Palforzia, will be marketed by Aimmune Therapeutics Inc.. The therapy involves ingesting small doses of peanut protein, gradually increased over time to help desensitize patients to higher levels. The medicine is similar to oral therapies offered by some allergists; however, it is the first to be cleared by the U.S. Food and Drug Administration.Shares of Aimmune jumped 22% in extended trading Friday to $37.90 a share. The stock …read more […]

If you’re 65 or older, you have a new option this year for filing your tax return: IRS Form 1040-SR. But even though the form has bigger type and more… …read more […]