Month: March 2020

No Picture
Trading Ideas

Chevron says it has potential to return up to $80 billion in capital over five years

March 3, 2020 admin Comments Off on Chevron says it has potential to return up to $80 billion in capital over five years

Chevron and other energy companies have pledged to curb spending after the collapse in oil prices earlier this decade forced many to borrow to cover costs of long-term projects. The oil major said it had the potential to distribute between $75 billion and $80 billion over the next five years and would maintain its capital spending in a range of $19 billion to $22 billion annually through the period. “We remain focused on a returns-driven approach to capital allocation, investing in lower-risk projects,” Chief Financial Officer Pierre Breber said. …read more […]

No Picture
Trading Ideas

When to Sell Stocks? 8 Times It Makes Sense

March 3, 2020 admin Comments Off on When to Sell Stocks? 8 Times It Makes Sense

Buying a stock can seem easy. You place your order and go. When to sell stocks? That can be hard. Different factors can be at play when you are trying to determine when to exit a position.
Human psychology is a funny thing. It often plays tricks on us. And it can make it harder for us to sell stock at the right time.
Often, the decisions we make are emotional rather than rational. Two of the emotions that tend to dominate investing are fear and greed. Greed can make it much harder for us to determine when to sell a stock.
That’s …read more […]

No Picture
Trading Ideas

Thermo to Buy Qiagen for $10 Billion in 2020’s Top Health Deal

March 3, 2020 admin Comments Off on Thermo to Buy Qiagen for $10 Billion in 2020’s Top Health Deal

(Bloomberg) — U.S. laboratory equipment maker Thermo Fisher Scientific Inc. agreed to buy Qiagen NV, a Dutch maker of tests for diseases including cancer and the new coronavirus, for about 9 billion euros ($10 billion) in the biggest health-care acquisition so far this year.Investors will get 39 euros in cash for every Qiagen share, Thermo Fisher said Tuesday. That’s 23% higher than Monday’s closing price. Qiagen also sells products for food and forensic testing. Bloomberg earlier reported the companies were nearing a deal after reviving discussions that broke off late last year.The purchase would rank as one of Thermo Fisher’s …read more […]