Former Chrysler CEO: GE's Flannery has a challenging task in front of him
Former GE Transportation CEO Bob Nardelli discusses the challenges facing General Electric’s CEO John Flannery. …read more […]
Former GE Transportation CEO Bob Nardelli discusses the challenges facing General Electric’s CEO John Flannery. …read more […]
As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health toRead More… …read more […]
The San Diego chipmaker filed a complaint against Apple nearly a year ago, asking the commission to ban the import of iPhones containing rival chipmaker Intel Corp’s (INTC.O) so-called modem chips, which help mobile phones connect to wireless data networks. At a trial in Washington that started on Friday, the ITC staff said Apple violated one of Qualcomm’s patents around battery-saving technology. …read more […]
Former Trump campaign chairman Paul Manafort was jailed Friday after a federal judge revoked his house arrest over allegations of witness tampering in special counsel Robert Mueller’s investigation. The order by U.S. District Judge Amy Berman Jackson adds to the already intense pressure on President Donald Trump’s former top campaign aide in the special counsel’s probe of Russian interference in the 2016 election campaign and the possible coordination with Trump aides. Manafort, who is 69, now loses the relative freedom he enjoyed while preparing for two criminal trials, and he faces the possibility, if tried and convicted, of …read more […]
The charges against Holmes, 34, and Ramesh “Sunny” Balwani, 53, were announced shortly after the privately held company said that she was stepping down as its chief executive. Prosecutors said that Holmes and Balwani used advertising and solicitations to encourage doctors and patients to use its blood testing laboratory services despite knowing the company could not produce accurate and reliable results consistently. …read more […]
Theranos founder Elizabeth Holmes and former Theranos president Sunny Balwani have been charged with nine counts of wire fraud and two counts of conspiracy to commit wire fraud. The charges stem from allegations that the two engaged in a scheme to defraud investors and a separate scheme to defraud doctors and patients while at the blood-testing company, the Department of Justice said Friday. …read more […]
The Department of Justice just charged Theranos founder Elizabeth Holmes and former Theranos president Sunny Balwani with nine counts of wire fraud and two counts of conspiracy to commit wire fraud. During the rise and fall of Theranos, Balwani stayed mainly out of the spotlight. …read more […]
Tesla Butterfly Update …read more […]
“We’re not going to be penny-wise and pound-foolish here,” Stephenson said in an interview on the financial news channel. The No. 2 U.S. wireless carrier closed its $85 billion acquisition of Time Warner on Thursday and now faces the task of integrating a media company into its operations as it seeks to rival Netflix Inc (NFLX.O), Amazon.com Inc (AMZN.O) and other technology companies providing entertainment directly to customers. Time Warner will be renamed WarnerMedia, according to a memo sent to employees by John Stankey, who will serve as CEO of WarnerMedia. …read more […]
Warren Buffett clearly knows his way around the stock market. There’s no reason to go over America’s favorite value investor’s history of great returns and generating gains for Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B). The key for Buffett’s and Berk’s success comes down to buying companies with large economic moats that generate huge amounts of rising cash flows. …read more […]
Elizabeth Holmes, who founded blood-testing company Theranos Inc. only to watch it unravel amid revelations that her main product was a fraud, has stepped down as chief executive officer. After the testing device that Holmes claimed would be able run hundreds of medical tests on a single drop of blood was shown not to work, Holmes was barred from running a clinical company by U.S. regulators, was sued by investors, and the company let go many of its employees. Holmes will keep her role as chair of the board, Theranos said in a statement Friday. …read more […]
Winnebago (NYSE: WGO) is a small cap company that operates within the automobile industry. Its market cap is $2 billion today and the total one-year return is 40.31% for shareholders.
Winnebago stock is beating the market, and it reports earnings soon. But does that make it a good buy today? To answer this question we’ve turned to the Investment U Stock Grader. Our research team built this system to diagnose the financial health of a company.
Our system looks at six key metrics…
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✓ Earnings-per-Share (EPS) Growth: Winnebago reported a recent EPS growth rate of 45.83%. That’s above the automobile industry average of …read more […]
Trade tensions between the U.S. and China ratcheted higher after the Asian nation said it will follow through on plans to levy tariffs on a range of American farm goods including soybeans and corn. An additional 25 percent tariff will levied on about $50 billion of U.S. imports, China’s Ministry of Finance said Saturday in a statement on its website. China previously announced plans to impose 25 percent duties on products including soybeans, wheat, corn, sorghum, cotton and beef in response to proposed tariffs from the U.S. In April, the Asian nation started levying additional taxes on American …read more […]
CNBC’s Phil LeBeau reports on General Motors considering listing shares for its autonomous vehicle division, Cruise. …read more […]
Remember when cloud computing became the hot new buzzword on Wall Street? While this industry continues to expand, another new term is being spun around financial blogs, Twitter Inc (NYSE:TWTR) and weekly magazines: artificial intelligence. First thing’s first: artificial intelligence uses machine learning, deep learning and other processes that allow computers to perform tasks that generally require human intelligence. …read more […]
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