Month: September 2020

Beyond Meat goes big with Walmart. …read more […]

We’ve lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The… …read more […]

The jeweler said French giant sought governmental help to drop the deal in “clear violation of its obligations.” …read more […]

(Bloomberg) — A New York Times story based on Donald Trump’s long-sought-after tax data shows he avoided paying income taxes for most of the past two decades and paid only $750 the year he was elected president.That doesn’t mean he isn’t a billionaire.By pairing moneymaking businesses with spectacular money-losers, the Trump Organization has been able to shield profits generated by office properties and “The Apprentice” from tax collectors. It’s a souped-up version of the formula deployed by America’s landlord class for decades. But tax losses are different from operating losses, and the new data don’t necessarily show his business empire …read more […]

Today we’ll do a simple run through of a valuation method used to estimate the attractiveness of Horizon Therapeutics… …read more […]

Stock futures hugged the flat line Tuesday morning as market participants considered a pared-down stimulus proposal from congressional lawmakers, and awaited the outcome of the first presidential debate later this evening. A host of economic data reports later Tuesday and this week also loomed. …read more […]

Qudian Inc. (NYSE:QD) shareholders that were waiting for something to happen have been dealt a blow with a 26% share… …read more […]

Last week, I wrote about things to consider if you’re thinking about moving.
With urban violence, coastal storms and dryland wildfires, more and more people are saying, “I’ve had it.”
I had no idea that at the same time, The New York Times would run a thoughtful and significant piece about the coming mass migrations due to climate change.
Experts quoted in the piece cited rising sea levels and increased wildfires as the reasons for migrations into safer territory.
That got me thinking…
Moving is such a costly and time-consuming ordeal. What if we invested instead in creating livable alternatives in these high-risk areas?
[mw-adbox]
Unorthodox Options
As …read more […]

Top news and what to watch in the markets on Tuesday, September 29, 2020. …read more […]

(Bloomberg) — Economic confidence in the euro area improved for a fifth month, albeit at a slower pace as resurgent virus infections cast uncertainty over the outlook.A European Commission sentiment index rose more than expected in September, sending the euro to the highest level in nearly a week. Yet confidence remains more than 30% below its pre-crisis level and evidence is building that the steep rebound following the end of lockdowns has started to level off.Production expectations in industry, which initially bounced back sharply, have barely moved over the past two months, and the outlook for demand in services waned …read more […]

The head of Lufthansa-owned airline Swiss International will step down at the end of 2020, Swiss said on Tuesday, with a successor yet to be determined. “Thomas Klühr, who has been CEO of Swiss International Air Lines (SWISS) since 2016, has asked the SWISS Board of Directors to release him from his duties at the end of 2020,” Swiss said in a statement, adding Klühr would also step down from his role as chairman of Edelweiss Air, another Lufthansa flight operator. Lufthansa last week announced further cuts to its fleet and workforce along with a 1.1 billion …read more […]

Shares of LG Chem Ltd, which supplies batteries to Tesla Inc, climbed on Tuesday, after media said the U.S. electric vehicle maker was looking to acquire a stake in a battery unit the South Korean company wants to dispose of. “Tesla is said to be exploring taking up to a 10 percent stake in LG Energy Solution,” the Korea Times quoted an unidentified banking source as saying, in the U.S. firm’s quest for a stable supply of batteries. Tesla delivered 367,500 vehicles last year. …read more […]

Nokia has clinched a deal with Britain’s biggest mobile operator BT to supply 5G radio equipment, the Finnish company said on Tuesday, in one of the first major wins under new CEO Pekka Lundmark. The deal will make Nokia BT’s largest equipment provider and comes just months after Britain said it would ban China’s Huawei Technologies from next-generation 5G telecom networks. Nokia has won 63% of the BT contract, or about 11,600 radio sites, a source familiar with the matter said. …read more […]

Nokia has clinched a deal with Britain’s biggest mobile operator BT to supply 5G radio equipment, the Finnish company said on Tuesday, in one of the first major wins under new CEO Pekka Lundmark. The deal will make Nokia BT’s largest equipment provider and comes just months after Britain said it would ban China’s Huawei Technologies from next-generation 5G telecom networks. Nokia has won 63% of the BT contract, or about 11,600 radio sites, a source familiar with the matter said. …read more […]

Shares of Inovio Pharmaceuticals plunged 28.3% on Monday after the biotechnology company announced that the US Food and Drug Administration (FDA) halted the start of the Phase 2/3 trials of its COVID-19 vaccine. The stock dropped another 3.6% in Monday’s extended market session.Inovio (INO) said that the US regulatory body is seeking more information about its vaccine candidate INO-4800, including details of the delivery device used to inject genetic material into cells. The company stated that it would respond to FDA’s queries in October, after which the agency will have up to 30 days to make a decision.“This partial clinical …read more […]