‘I’m encouraging this because having employees who feel taken care of benefits Goldman Sachs and its stakeholders,’ CEO David Solomon tells Yahoo Finance exclusively. …read more […]
Shares of Under Armour are tanking Monday after the sportswear company confirmed reports from The Wall Street Journal that it is in the midst of a U.S. accounting probe. The investigation allegedly centers upon whether Under Armour shifted sales from quarter to quarter to improve its financial metrics. Yahoo Finance’s Jen Rogers and Myles Udland discuss on The Final Round. …read more […]
Since its May IPO, Uber Technologies (UBER) has been, for want of a better description, a bit of a car crash. Its share price is down about 25% from its launch, as investors have yet to be convinced in the ridesharing pioneer’s ability to come good.Uber will report third-quarter results today, after the market closed, and unlike its rival, Lyft, which has now provided targets on profitability, investors have yet to gleam a proper insight into its bottom-line strategy.However, ahead of the earnings announcement, Wedbush’s Ygal Arounian issued a glowing assessment of Uber’s prospects. The analyst reiterated a Buy rating …read more […]
Yahoo Finance’s Adam Shapiro shares what’s making headlines Monday. …read more […]
California Governor Gavin Newsom said that the state will take over PG&E if the utility company is unable to secure its own fate in the wake of its bankruptcy crisis. Citigroup’s Utilities and Renewables Lead Analyst Praful Mehta joins Yahoo Finance’s Akiko Fujita to break down the latest developments of PG&E on The Ticker. …read more […]
(Bloomberg) — The federal judge overseeing bankrupt California utility PG&E Corp.’s probation wants to know how many lives may have been lost this year in fires potentially caused by the utility’s equipment.U.S. District Judge William Alsup in San Francisco asked PG&E to respond by Nov. 29. The utility has said it switched off local distribution lines in the area of the still-burning Kincade fire, about 85 miles (137 kilometers) north of the city. PG&E Chief Executive Officer Bill Johnson has said transmission lines weren’t taken down because wind speeds didn’t warrant such a move.Alsup also wants to know about structures …read more […]
Q3 2019 CBL & Associates Properties Inc Earnings Call …read more […]
Uber is slated to report quarterly earnings after the bell on Monday. Yahoo Finance’s Zack Guzman, Kristin Myers and Emily McCormick, along with Drucker School of Management Senior Fellow at Claremont Graduate University, Ryan Patel, discuss. …read more […]
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to… …read more […]
While some investors are already well versed in financial metrics (hat tip), this article is for those who would like… …read more […]
Some thoughts on Buffett’s share repurchases Continue reading… …read more […]
Airlines that have been forced to rejig operations due to the grounding of the 737 MAX could face a markedly different problem when Boeing Co’s best-selling jet is finally cleared to re-enter service: a gradual switch to concerns about oversupply, a leading analyst warned on Monday. Rob Morris, global head of consultancy at UK-based Ascend by Cirium, said the combination of any rapid rebound in deliveries, economic worries and an accumulation of market pressures dating back before the crashes could make it hard to absorb the jets. …read more […]
The cannabis industry is lobbying Washington officials more than ever. Marijuana companies have spent a record $3.77 million on lobbying in Washington so far this year. That’s almost 40% higher than last year and 133% higher than 2017.
So what’s going on here? Here’s the big picture. Cannabis is a brand-new, rapidly growing industry. And cannabis companies are trying to set themselves up to conquer the market. But because cannabis is still illegal at the federal level, those companies are grappling with conflicting state and federal laws, the lack of interstate commerce, little access to banking, and monumental amounts of red …read more […]
Today we’ll do a simple run through of a valuation method used to estimate the attractiveness of Netflix, Inc… …read more […]
The 2,971-acre ranch has an aircraft hangar and airstrip and can handle 600 cattle. …read more […]
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