Teladoc CEO Jason Gorevic joins Yahoo Finance’s Anjalee Khemlani on The First Trade to discuss the latest tech improvements and how the healthcare industry is innovating to keep up with these improvements. …read more […]
Don’t do these things and you’ll enjoy a better financial life, the money guru says. …read more […]
Once again, we’re scanning the markets for high-value stocks. The key factors to look for are a solid upside potential combined with a high dividend yield. Today we’ll reverse course slightly, and point out three stocks that fit that profile – and show a lower-cost, more affordable point of entry for investors.Of the possible value factors for an investment, the dividend yield is probably the most important. It represents a quickly available, and recurring, cash return on a stock investment. With the Federal Reserve’s key rate set in the 1.5% to 1.75% range, and Treasury bond yields typically running well …read more […]
(Bloomberg) — Larry Ellison’s faith in Tesla Inc. and his friend Elon Musk is being rewarded.The Oracle Corp. chairman bought 3 million shares of the electric-vehicle maker before joining Tesla’s board in December 2018. The stake — worth $1 billion at the time — is now worth more than $1.6 billion. The stock has surged 25% in just the first two weeks of 2020 as fourth-quarter vehicle deliveries exceeded estimates and Musk started handing over locally assembled cars to customers in China.For most of 2019, Ellison’s investment was floundering as Musk, Tesla’s chief executive officer, bounced from crisis to crisis …read more […]
(Bloomberg) — Aphria Inc. shares fell 8% in pre-market trading after the Canadian cannabis producer missed the lowest revenue estimate and cut its guidance for the current fiscal year.The company reported second-quarter net revenue of C$121 million, below the consensus estimate of C$130 million. Its adjusted Ebitda was C$1.9 million, the third consecutive quarter of positive results.Aphria cut its full-year revenue forecast to a range of C$575 million to C$625 million, down from its prior outlook of C$650 million to C$700 million. It now expects to report full-year adjusted Ebitda of C$35 million to C$42 million, down from C$88 million …read more […]
We’ve lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly… …read more […]
North American branded cards, which account for a majority of consumer banking revenue, continued to be a bright spot for the bank, clocking double-digit revenue growth for the second straight quarter. Citi has been leveraging its robust card business to help grow deposits by pitching checking and savings accounts to card holders. The gains were driven by a 49% surge in fixed-income trading that offset a 23% decline in equities trading, where weak performance in derivatives weighed on results. …read more […]
Analysts had expected a profit of $1.12 per share, according to Refinitiv data, but it was not immediately clear if the numbers were comparable. The San Francisco-based lender last year appointed Charles Scharf, a one-time Jamie Dimon protégé as its new chief executive officer, to help it rebuild its reputation with customers, investors and regulators. …read more […]
Headlines moving the stock market in real time. …read more […]
(Bloomberg) — SmileDirectClub Inc. will start selling its teeth-straightening products to dentists and orthodontists, putting it in direct competition with one-time partner Align Technology Inc.’s Invisalign.A supply pact with Align that limited SmileDirectClub to selling its products only online and in retail shops expired at the end of 2019, the Nashville, Tennessee-based company said in a statement announcing the move Tuesday.“With our agreement with Align Technology now expired, we are no longer obligated to stay in the direct-to-consumer channel,” SmileDirectClub co-founder Alex Fenkell said in the statement. “We’re excited to expand our offering.”Shares of the company gained as much as …read more […]
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We’ll show how you can use… …read more […]
Delta Air Lines Inc on Tuesday reported a fourth-quarter profit that beat estimates, boosted by customers gained from rival airlines’ 737 MAX cancellations and what Chief Executive Ed Bastian said was a growing preference for the Delta brand. Delta shares were up about 4% in premarket trading. Airlines that own Boeing Co’s 737 MAX are cancelling more than 10,000 monthly flights in total as the aircraft remains grounded following two deadly crashes. …read more […]
Delta Air Lines Inc posted on Tuesday a fourth-quarter profit that beat Wall Street forecasts, boosted by customers gained from rival airlines’ 737 MAX cancellations and what CEO Ed Bastian said was a growing preference for the Delta brand. Airlines that own Boeing Co’s 737 MAX are together cancelling more than 10,000 monthly flights as the aircraft remains grounded following two deadly crashes. Delta does not operate the MAX, enabling it to grow its flight capacity and capture new customers while peers like Southwest Airlines Co have had to scale back. …read more […]
Tesla Inc Chief Executive Elon Musk is coming close to earning the first $346 million tranche of options in a record-breaking pay package, after the electric vehicle maker’s stock more than doubled in the last three months. Shares of Tesla surged 9% to a record high on Monday. Musk has already hit an operational target that is also necessary for the options to vest. …read more […]
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