The price of WeWork’s 7.875% junk bond bounced in choppy trading after co-founder Adam Neumann agreed to resign as chief executive of the U.S. office-sharing company, people familiar with the matter told Reuters on Tuesday.
We’re entering my favorite time of the year.
Not because I love fall or a cornucopia of pumpkin spice-flavored goodies. Or because I’m a fan of winter. (In fact, I hate all of those things.)
But the reason I love this time of the year is it’s the busiest season for trend traders like me.
Think about everything that’s going on around the world…
It’s September. The kids are back in school, the eldest ones off to college. And we just exited back-to-class shopping season. This represents nearly $81 billion in consumer spending.
We celebrated Labor Day and all the sales that came along with …read more […]
Some of the world’s best investors stick to dividend portfolios. They know that a steady stream of income is a top wealth building strategy. And finding the best deals is vital. So today, we’re going to review another one of the best dividend stocks around. Let’s take a look at Target’s dividend history and safety…
Business Overview and Highlights
Target (NYSE: TGT) is a $56 billion business. The company is based out of Minnesota and it employs 360,000 people. Last year Target pulled in $75 billion in sales and that breaks down to $209,000 per employee.
The company runs within the consumer sector …read more […]
The price of WeWork’s 7.875% junk bond fell after people familiar with the matter told Reuters on Tuesday that co-founder Adam Neumann agreed to resign as chief executive of the U.S. office-sharing company, though he will remain as non-executive chairman.
WeWork co-founder Adam Neumann has agreed to resign as chief executive of the U.S. office-sharing company but will remain as non-executive chairman, bowing to pressure from some of his investors, people familiar with the matter said on Tuesday.
Oil prices fell 2% on Tuesday as U.S. President Donald Trump fanned market fears that Sino-American trade tensions are far from settled amid ongoing negotiations, a grim sign for oil demand growth.
The September 14 attack on Aramco facilities had no monetary impact, the Saudi central bank governor said in an advance copy of an interview provided by Kuwait’s Al Rai newspaper that will be published on Wednesday.
Jack Bogle introduced index funds – a major financial innovation – in 1976.
Today, Nicholas Vardy explains why they are still one of the most innovative and impactful tools for investors, along with one of the easiest ways to earn money.
Jack Bogle – the founder of Vanguard and the father of index funds – passed away in January 2019.
He introduced the first index mutual fund back in 1976. This bit of clever financial engineering allowed the small investor to take a stake in the entire stock market at a minimal cost.
At first, Wall Street mocked Bogle and his newfangled index funds.
He …read more […]
Novartis AG blamed former executives Brian and Allan Kaspar for the manipulation of data behind its $2.1 million gene therapy Zolgensma, saying they either personally manipulated the data or pressured subordinates into doing so.
U.S. stocks fell on Tuesday, after President Donald Trump delivered a stinging rebuke to China’s trade practices, while disappointing consumer confidence data raised concerns over the impact of a prolonged trade war between the two nations.
Chipotle Mexican Grill Inc is facing fresh claims that it violated New York City’s labor laws after the city sued the fast casual restaurant chain two weeks ago.
The Federal Communications Commission said Tuesday Sprint Corp received tens of millions of dollars in monthly government subsidies for 885,000 low-income subscribers that were not using the service and said its Enforcement Bureau is investigating.
Private detectives from security firm Investigo, hired to shadow a former Credit Suisse manager Iqbal Khan, took defensive action when Khan tried to photograph one of them with his mobile phone, an Investigo memo seen by Reuters said.
The collapse of British travel operator Thomas Cook has left hundreds of thousands holidaymakers abroad and forced governments and insurers to coordinate a huge operation to get them home.
Prime Minister Boris Johnson and unions questioned the part played by Thomas Cook’s richly rewarded bosses in the company’s demise on Tuesday, and asked why the state had to foot the bill for bringing tens of thousands of tourists home.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
