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Elliott’s PG&E Plan Aims Carefully at Gavin Newsom

(Bloomberg Opinion) — Looked at one way, Gavin Newsom’s dilemma is actually quite enviable. Choosing which hedge fund you get to disappoint is something many would relish. But the California governor finds himself boxed in on determining what happens next with bankrupt utility PG&E Corp.Newsom must decide whether to support the company’s latest plan to emerge from chapter 11, which includes a revised $13.5 billion settlement agreed last week with wildfire victims. Having also settled with insurance firms for $11 billion and local governments for $1 billion, PG&E has effectively tightened pressure on one of the last remaining stakeholders — …read more […]

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UPDATE 1-U.S. FAA says Boeing is pursuing 'unrealistic' schedule for 737 MAX return

Federal Aviation Administration chief Steve Dickson, who will meet with Boeing Co’s chief executive later on Thursday, is concerned the U.S. airplane maker is pursuing a return-to-service schedule for the grounded 737 MAX that is “not realistic,” according to an email seen by Reuters. Dickson will hold talks with CEO Dennis Muilenburg on the agency’s review of the plane that was grounded in March after two fatal crashes in five months. The meeting comes a month after Boeing asserted it expected the agency would allow it to begin deliveries again in December. …read more […]

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Should Investors Up the Ante on These 3 “Strong Buy” Stocks?

As we round the corner on the current decade, investors are laser focused on the market, trying to determine what’s in the cards for stocks as we make our way into 2020. However, the U.S. presidential election as well as the slowing pace of buybacks and economic growth in the U.S. add up to expected volatility in the year ahead.Against this backdrop, investing titan Howard Marks believes the economy isn’t in a bubble, but he advises that investors take some caution. “The economic expansion and the bull market are old. Valuations are above average. There’s a lot of uncertainty in …read more […]

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3 Best Lithium Stocks for Mining Companies

Lithium is one of the top precious metals of the 21st century. It’s helping power new technologies and the emerging trend is a great opportunity for investors. That’s why I’ve jumped into the data and found three of the best lithium stocks for investors.
I’ve listed the lithium mining stocks below. But before we get to those, let’s look at the powerful trend at play. Lithium has long been used in ceramic and glass production, as well as air treatment and polymer production. But its growing demand is in rechargeable batteries…
Investing in Lithium Stocks as Demand Grows
Global demand for lithium is …read more […]

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3 Best Lithium Stocks for Mining Companies

Lithium is one of the top precious metals of the 21st century. It’s helping power new technologies and the emerging trend is a great opportunity for investors. That’s why I’ve jumped into the data and found three of the best lithium stocks for investors.
I’ve listed the lithium mining stocks below. But before we get to those, let’s look at the powerful trend at play. Lithium has long been used in ceramic and glass production, as well as air treatment and polymer production. But its growing demand is in rechargeable batteries…
Investing in Lithium Stocks as Demand Grows
Global demand for lithium is …read more […]

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Did Hedge Funds Drop The Ball On Axon Enterprise, Inc. (AAXN) ?

Hedge funds are known to underperform the bull markets but that’s not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no one knows what the […] …read more […]

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Medical Marijuana Opportunity Out of Israel

In January, Israel approved medical cannabis exports.
This was an event that largely went unnoticed by mainstream investors. But it was a major milestone for the country and a game changer for the marijuana companies operating there.
And Israel’s cannabis industry continues to make waves.
In November, IM Cannabis (CSE: IMCC) became the first Israeli medical marijuana company to list on the Canadian Stock Exchange. But its story is more than just that feat.
IM Cannabis was one of the first cannabis companies founded in Israel. As such, it’s a pioneer in the Israeli medical marijuana space.
And today, its CEO, Oren Shuster, is my …read more […]

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FAA administration chief meeting with Boeing CEO on 737 MAX: agency email

Federal Aviation Administration chief Steve Dickson is meeting with Boeing’s chief executive Dennis Muilenburg later Thursday on the fate of the grounded 737 MAX, according to an email seen by Reuters. Dickson is “concerned that Boeing continues to pursue a return to service schedule that is not realistic due to delays that accumulated for a variety of reasons,” the FAA said in an email to Capitol Hill. Dickson will make clear “both the FAA and Boeing must take the time to get this process right.” On Wednesday, Dickson confirmed he would not unground the plane before the …read more […]

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What Are the World’s Most Competitive Economies?

Americans love rankings, but should we be concerned that the U.S. recently lost the No. 1 spot in the world financial economic rankings?
Nicholas Vardy explains recent trends and what the rankings really mean.

Americans love rankings.
Whether it’s the top 10 in college football… the annual rankings of U.S. colleges… or the medal count in the Olympics… Americans always want to know who is on top.
Enter the Swiss-based World Economic Forum’s annual Global Competitiveness Report.
The World Economic Forum – which runs the annual conference of the global elite at Davos each year – recently issued a 666-page report ranking 141 countries.
Its criteria …read more […]

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Here’s Why Amneal Pharmaceuticals (AMRX) Stock Skyrocketed 50% Today

As the saying goes, good things come to those who wait, and following a year of decline, patience might finally be paying off for investors of beaten-up Amneal Pharmaceuticals (AMRX).AMRX stock skyrocketed nearly 50% in Thursday’s trading session, following today’s announcement of Amneal receiving an FDA approval for EluRyng, the first generic version of NuvaRing.NuvaRing is a birth contraceptive which is applied in the same manner as a tampon. Once inserted, the small flexible ring releases a continuous low dose of hormones. With the release of EluRyng, Amneal is hoping to get a cut of NuvaRing’s market. Nuvaring US sales …read more […]