Month: August 2020

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Buy low, sell high. That’s every investor’s goal. And there are lot of ways to look for an investment with an upward trajectory. But below we’re going to go over two strategies that sound similar, but rely on some key difference.
In this round of head-to-head investment strategies, we’re breaking down value vs. growth stocks.

In this corner, wearing green trunks are value stocks. Value stocks are the underdog. They’re notable for trading below their intrinsic value. This is determined by measuring a company’s value based on revenue, earnings per share (EPS), dividend payout and any other underlying factors that could make …read more […]

Julie Hyman reports on the stocks moving most in today’s trading. …read more […]

Walmart is teaming up with Microsoft in an effort to close a deal on TikTok’s U.S. Operations. Michael Lasser, UBS Analyst, joins Yahoo Finance’s The First Trade with Alexis Christoforous and Brian Sozzi to discuss why Walmart would want TikTok’s U.S. operations and more. …read more […]

Walmart is teaming up with Microsoft in an effort to close a deal on TikTok’s U.S. Operations. Yahoo Finance’s tech editor Dan Howley joins The First Trade with Alexis Christoforous and Brian Sozzi to discuss the latest developments around TikTok. …read more […]

(Bloomberg) — MGM Resorts International is sending pink slips to about 18,000 employees, more than one-quarter of its pre-pandemic U.S. workforce, due to the slow recovery of some casino markets.The cuts, while centered in Las Vegas, are happening nationwide, the company said on Friday. MGM, the largest operator of casinos on the Las Vegas Strip, has been struggling to fill its rooms and casinos since Nevada began reopening in early June. Two of the company’s casinos, the Park MGM in Las Vegas and Empire City in New York, remain closed.“While we have safely resumed operations at many of our properties …read more […]

The markets are up, and the bulls are running. According to Mike Wilson, chief US equity strategist for Morgan Stanley, now is the time to buy in. Wilson believes that the market’s recent rise signals “a pretty darn good” economic recovery in store for us next year. “We think that a return of topline growth and a material reduction in the cost base will lead to operating leverage flow through that such that peak profits will appear again before peak sales… We’ve seen margin upside drive earnings growth coming out of prior recessions and expect the same this time, with …read more […]

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Yahoo Finance’s Alexis Christoforous and Brian Sozzi speak with Senior Columnist Rick Newman about the foiled cyber attack against Tesla’s Gigafactory in Nevada. …read more […]

The planemaker said it was conducting a review to find the root cause and has notified the U.S. Federal Aviation Administration. “We immediately contacted the airlines that operate the eight affected airplanes to notify them of the situation and the airplanes have been temporarily removed from service until they can be repaired,” Boeing spokesman Peter Pedraza said. Aircraft for United Airlines , Singapore Airlines and Air Canada are impacted by the impromptu grounding, aviation publication Air Current, which first reported the news, said. …read more […]

(Bloomberg) — Coca-Cola Co. plans to offer early-departure packages to almost 40% of its North American workforce to cut costs amid changes in the soft-drink business.About 4,000 employess in the region will be offered packages with benefits if they agree to leave, the soda maker said in a statement Friday. A similar program will follow in other countries and there will also be an unspecified number of layoffs, the company said.The Atlanta-based corporation is reducing its staff amid continuing challenges for companies selling sugary drinks as consumers cut back on calories. Bottled water also faces new hurdles amid growing environmental …read more […]

If you want to know who really controls Hecla Mining Company (NYSE:HL), then you’ll have to look at the makeup of its… …read more […]