Month: July 2020

The US planemaker has also warned of job cuts beyond the 10% reduction already announced. …read more […]

(Bloomberg) — Lawmakers are looking to grill officials from Angela Merkel’s chancellery in the next stage of a parliamentary inquiry into the Wirecard AG scandal.Members of the lower house of parliament’s finance committee said ahead of a special session on Wednesday that they will need answers from Merkel’s office before deciding on a deeper investigation.“We will not get a complete clarification because the chancellery’s chair is empty today,” said Fabio De Masi, a member of the committee from the Left party. Lisa Paus from the Greens also said that Merkel’s office needed to be questioned.Mounting pressure prompted Merkel’s office to …read more […]

The Federal Reserve will announce its latest policy decision at 2pm ET. …read more […]

Warren Buffett famously said, ‘Volatility is far from synonymous with risk.’ So it seems the smart money knows that… …read more […]

…read more […]

(Bloomberg) — Shares of Eastman Kodak Co. have leapt 2,441% higher this week, sending its market valuation to nearly $2 billion, after it won a government loan to help produce ingredients used in key generic medicines to fight the coronavirus.Kodak, the storied photography giant whose business and shares were devastated by the switch to filmless cameras, gained as much as 655% on Wednesday, triggering at least six halts for volatility along the way. More than 110 million shares traded hands, more than 23 times its typical volume. The company’s value climbed to $1.99 billion as of 10:25 a.m. in New …read more […]

A Qualtrics IPO is coming to the market. Less than two years after being acquired by SAP (NYSE: SAP), the company is spinning out to go public. And it isn’t the first time Qualtrics stock was heading for the market.
But is Qualtrics a good investment opportunity? Here’s what we know…
Qualtrics IPO: The Business

CEO Ryan Smith founded Qualtrics in 2002 with his father, brother and college roommate. Qualtrics is a software company and created Experience Management (XM). The software allows organization to address problems and opportunities in the experience economy.
According to The Localist:
“The experience economy is defined as ‘an economy in …read more […]

Frances Newton Stacy, Optimal Capital’s Director of Strategy, joins The Final Round to highlight notable market action and what she expects in the coming weeks. …read more […]

McLain Capital recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of -15.4% for the quarter (net of fees), underperforming its benchmark, the S&P 500 Index which returned 20.5% in the same quarter. However, you should check out McLain Capital’s top 5 stock picks […] …read more […]

McLain Capital recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of -15.4% for the quarter (net of fees), underperforming its benchmark, the S&P 500 Index which returned 20.5% in the same quarter. However, you should check out McLain Capital’s top 5 stock picks […] …read more […]

McLain Capital recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of -15.4% for the quarter (net of fees), underperforming its benchmark, the S&P 500 Index which returned 20.5% in the same quarter. However, you should check out McLain Capital’s top 5 stock picks […] …read more […]

(Bloomberg) — General Electric Co. predicted slow gains in operations this year and next after the coronavirus pandemic battered results in the second quarter.The jet-engine division has tracked “early signs of improvement” in flight departures on the path to a lengthy recovery, GE said in a presentation Wednesday as it reported results. The company burned through $2.1 billion in industrial free cash in the second quarter, less than the $3.3 billion drain expected by analysts.“It’s really about sequential improvement from here,” Chief Executive Officer Larry Culp said on a call with analysts. “The environment remains challenging. But with respect to …read more […]

McLain Capital recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of -15.4% for the quarter (net of fees), underperforming its benchmark, the S&P 500 Index which returned 20.5% in the same quarter. However, you should check out McLain Capital’s top 5 stock picks […] …read more […]

McLain Capital recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of -15.4% for the quarter (net of fees), underperforming its benchmark, the S&P 500 Index which returned 20.5% in the same quarter. However, you should check out McLain Capital’s top 5 stock picks […] …read more […]