No Picture
Trading Ideas

Nestle wraps up 20 billion Swiss franc share buyback, launches new program

Swiss food giant Nestle said on Monday it had completed a 20 billion Swiss franc ($20.7 billion) share buyback program and reiterated plans for a new one up to the same amount starting next year. Since July 4, 2017, Nestle said it had repurchased 225,186,059 of its shares at an average price per share of 88.82 Swiss francs. “Nestle will start a new share buyback program of up to CHF 20 billion as announced on Oct. 17, 2019,” the company said in a statement. …read more […]

No Picture
Business News

‘Do Not Sell My Info’: U.S. retailers rush to comply with California privacy law

U.S. retailers including Walmart Inc will add “Do Not Sell My Info” links to their websites and signage in stores starting Jan. 1, allowing California shoppers to understand for the first time what personal and other data the retailers collect, sources said.

…read more […]

No Picture
Trading Ideas

Analysts: These 3 “Strong Buy” Penny Stocks Could Soar in 2020

Penny stocks offer a conundrum for the investor; The low valuation scares the cautiously inclined away due to the cheap nature of the stock. On the other hand, they represent incredible opportunity for the risk tolerant amongst us. Invariably, this almost “catch 22” like situation begs the question: why are these companies priced so low? Is it due to bad fundamentals, indicating stocks that aren’t worth pursuing? Or is it that the market is missing something and there is opportunity to pick up a winner at a ridiculously low price?A bit of both, possibly. There is no doubt, though, that …read more […]