Chaos took over in Iowa last night after results for the 2020 caucus were delayed due to reporting inconsistencies. Lee Price, Paddy Power’s Head of PR, joins Yahoo Finance’s Zack Guzman and Heidi Chung to break down who’s line to snag the democratic nomination amid the caucus melt down. …read more […]
(Bloomberg) — Activist investor Starboard Value is ramping up pressure on EBay Inc. to separate its classifieds business and implement more aggressive operational targets, arguing the e-commerce company has not done enough to improve its performance.The New York-based hedge fund, which owns more than 1% of the company, wrote in a letter to the management and board that EBay hasn’t done enough in the nearly 12 months since agreeing to review its classifieds business along with ticket reselling business, StubHub, which was sold last year.“In order to achieve the optimal outcome, we believe classifieds must be separated, and a more …read more […]
(Bloomberg) — Saudi Arabia’s sovereign-wealth fund sold almost all of its Tesla Inc. shares last quarter, nearly exiting what had been one of the largest holdings in the electric-car maker.The Saudi Arabia Public Investment Fund held just 39,151 shares at the end of the year, according to a regulatory filing. The fund previously had more than 8.2 million shares and ranked among the five biggest owners, according to data compiled by Bloomberg.The fund sold as Tesla went on an epic run to end the year, powered by a surprise profit and faster rollout of its Model Y crossover. The stock …read more […]
Payout ratio is a key figure for income stocks. Dividend payments can a reliable source of income for investors. But a dividend is only as safe as the company paying it. When a company runs into financial … …read more […]
Shale pioneer John Hess said on Tuesday that key U.S. shale fields are starting to plateau, calling shale “important but not the next Saudi Arabia.”
The Nasdaq hit a record high on Tuesday and the S&P 500 headed for its best day in six months as fears of a heavy economic impact from the coronavirus epidemic tapered off after China’s central bank intervened for the second straight day.
Health & Fitness Expert Jillian Michaels joins On The Move to discuss her new ‘My Fitness’ app, which creates workouts, designs meal plans and helps to set goals. She also discusses the evolving health industry trends with the panel. …read more […]
Yahoo Finance’s Adam Shapiro breaks down today’s top trending stories on On The Move. …read more […]
China’s case continues to become more worrisome as the number of confirmed cases has skyrocketed past 20,000 and deaths have past 400. …read more […]
The U.S. Federal Reserve said on Tuesday that it permanently barred a former Goldman Sachs Group Inc executive from the banking industry over his role in Malaysia’s multi-billion-dollar 1MDB corruption scandal.
For the first time in nearly 50 years, the U.S. Food and Drug Administration examined asbestos testing for talc powders and cosmetics at a hearing on Tuesday, after traces of the known carcinogen were found in several such products, including Johnson & Johnson’s Baby Powder.
China-based Luckin Coffee Inc’s shares could double in price after it overcomes the negative impact of the coronavirus outbreak and a widely publicized bearish bet against its stock, according to Andrew Left, managing partner at hedge fund Citron Capital.
China-based Luckin Coffee Inc’s shares could double in price after it overcomes the negative impact of the coronavirus outbreak and a widely publicized bearish bet against its stock, according to Andrew Left, managing partner at hedge fund Citron Capital. Better known for his short bets, Left, who is also editor of the online investment newsletter Citron Research, has come out in defense of Luckin’s stock, which his fund owns. Luckin was forced to temporarily close an estimated 200 coffee shops in Wuhan, capital of the Hubei province in China and epicenter of the deadly virus outbreak. …read more […]
Despite market risks like the impeachment, coronavirus and geopolitical tensions, the market continues to climb higher. Clockwise Co-Founder and Smith School of Business’s Ryan Guttridge joins On the Move to break down why the market is due for a correction. …read more […]
A former trader at oil firm Petrobras has signed a plea bargain agreement with Brazilian prosecutors investigating bribery allegations, defense lawyers and prosecutors said, a potential breakthrough in a case involving some of the world’s top commodity trading houses.
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