Month: November 2019

Coca-Cola is committed to collecting and recycling plastic bottles rather than switching to aluminum cans as the world’s largest soft drinks maker seeks to reduce its carbon footprint, its chief executive officer told Reuters. Along with multinational rivals including PepsiCo and Nestle , Coca-Cola has started offering recyclable aluminum cans as well as plastic bottles for some water brands as the industry reacts to public outrage over the world’s oceans being polluted with plastic waste. …read more […]

Q3 2019 Hawaiian Electric Industries Inc Earnings Call …read more […]

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We’ll look at… …read more […]

(Bloomberg) — Chesapeake Energy Corp. collapsed to a 20-year low Wednesday, one day after the shale gas driller warned it may not be able to outlast low fuel prices and issued a “going concern” notice.Shares fell as much as 24% intraday to their lowest since 1999. The stock also briefly dipped below the $1/share mark, and Wall Street isn’t optimistic on Chesapeake’s future.“While we don’t expect this move to come as a surprise given balance sheet issues, the going concern warning in the most recent 10-Q highlighted a declining leverage covenant that may be [to] difficult overcome in our view,” …read more […]

Canadian gold miner Semafo said on Wednesday that several people had been killed when a convoy transporting some of its workers was attacked on a road in eastern Burkina Faso. This is the third deadly attack suffered by Semafo in 15 months, with two occurring in August last year also targeting vehicles in transit between Semafo’s mines. The attack took place on the road between Semafo’s Fada and Boungou mine sites, about 40 kilometres from Boungou, the company said in a statement. …read more […]

A look at the equity index put option contracts that Berkshire wrote in the mid-2000’s. Continue reading… …read more […]

American Airlines Group expects U.S. Federal Aviation Administration approval of Boeing Co’s grounded 737 MAX jets in the near future, Chief Executive Doug Parker said on Wednesday. Like other U.S. 737 MAX airlines, American is scheduling without the aircraft until the FAA approves new software and training updates by Boeing after two fatal crashes. Boeing has said it is targeting FAA approval this year. …read more […]

Q3 2019 Portola Pharmaceuticals Inc Earnings Call …read more […]

We’ve lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On… …read more […]