In a surprise move, Trivago announced that co-founder and CEO Rolf Schrömgens will step down at the end of the year and be replaced by Chief Financial Officer Axel Hefer. Schrömgens will also give up his board of directors seat, and will join a supervisory board. In turn, the new CFO will be Matthias Tillman, […] …read more […]
Regulators should work together in recertifying the grounded Boeing 737 MAX airliner instead of pursuing separate approval processes, the head of the International Air Transport Association (IATA) said on Tuesday.
If you want to know who really controls Pitney Bowes Inc. (NYSE:PBI), then you’ll have to look at the makeup of its… …read more […]
When you watch the financial markets like we do at Investment U, you hear and read a lot about fear and greed.
These are the base emotions that push stock prices up and down. When fear rules, investors tend to sell riskier assets like stocks and flee to “safe haven” assets like U.S. Treasury securities, which are guaranteed.
And when greed dominates, investors move away from those safer investments and put money back into stocks, driving the market up.
Some legendary investors have had a lot of success preying on those herd-like emotions. Warren Buffett, one of the greatest investors of all time, …read more […]
India should hold talks with the European Union for a free trade agreement, the government said on Tuesday, a day after it refused to join a China-backed regional trade pact for fear of a flood of cheap Chinese imports.
Italian broadcaster Mediaset and its hostile shareholder Vivendi are in talks over ways to overcome a dispute over the governance of Mediaset’s pan-European TV reorganisation, two sources close to the matter said on Tuesday.
Fiat Chrysler and Peugeot owner PSA’s pledge not to close factories if they merge is likely to come under heavy strain as the combined group would have spare production capacity of almost six million vehicles in a slowing autos market.
Fiat Chrysler and Peugeot owner PSA’s pledge not to close factories if they merge is likely to come under heavy strain as the combined group would have spare production capacity of almost six million vehicles in a slowing autos market. The companies last week unveiled plans to create a $50 billion group that would leapfrog Hyundai, General Motors, Ford and Honda to become the world’s No.4 automaker, based on their combined 8.7 million vehicles sold last year. The new car and truck making giant would have potential manufacturing capacity of 14 million vehicles, forecasters LMC Automotive told Reuters. …read more […]
If you own shares in Invacare Corporation (NYSE:IVC) then it’s worth thinking about how it contributes to the… …read more […]
Anyone interested in Illinois Tool Works Inc. (NYSE:ITW) should probably be aware that a company insider, Andrew… …read more […]
Boeing Co Chairman Dave Calhoun said on Tuesday that the company’s board believes Chief Executive Dennis Muilenburg “has done everything right” just days after he came under attack from U.S. lawmakers on Capitol Hill after two fatal crashes involving Boeing 737 MAX airliners.
Kroger Co on Tuesday forecast next year’s profit and same-store sales ahead of analysts’ estimates, as the supermarket chain benefits from its efforts to modernize stores, enhance delivery and improve product assortments. In the face of growing competition in the U.S. grocery space, recently disrupted by online retail giant Amazon.com , Cincinnati-based Kroger has been slashing prices and boosting investments in technology to attract more shoppers. Under its two-year-old “Restock Kroger” program, the company has also been focusing on private-label brand display, rearranging store layouts and expanding services such as home delivery and self checkouts. …read more […]
U.S. oil and gas company Chesapeake Energy Corp said it expects its capital expenses to drop by about 30% in 2020 after it reported a bigger-than-expected loss on Tuesday because of a sharp drop in production and lower natural gas prices. The company also plans to cut its 2020 production costs as well as general and administrative expenses by about 10%, Chesapeake said in a statement. Investors have been pressurizing oil and gas companies to cut back on spending and return cash to shareholders in the form of dividends and buybacks. …read more […]
Emerson Electric Co said on Tuesday it named Mark Blinn to its board, bowing to pressure from activist shareholder D.E. Shaw, which has called for a breakup of the U.S. factory automation equipment maker. The New York-based hedge fund, which owns a more than 1% stake in the Ferguson, Missouri-based company, wants Emerson to split into two businesses – the industrial automation business and the climate technology-focused unit. The hedge fund has said the move could unlock more than $20 billion worth of shareholder value. …read more […]
A look at the shareholders of ImmunoGen, Inc. (NASDAQ:IMGN) can tell us which group is most powerful. Insiders often… …read more […]
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