Month: October 2020

It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that… …read more […]

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After passing one speed bump, is the market heading towards more bumps in the road? Following the September sell-off, there has been a surge in COVID-19 cases and limited progress on the next stimulus package. In addition, the likelihood of a Biden victory in the November elections increased.At the same time, however, the broader market has been ramping up, with the NYSE Cumulative Advance/Decline line reaching a record high and the percentage of SPX components trading above their 10-day moving averages landing at 93% for the first time since early April.Weighing in for Canaccord, strategist Tony Dwyer commented, “The strength …read more […]

(Bloomberg) — When President Donald Trump appeared on an NBC town hall Thursday evening, moderator Savannah Guthrie posed a question that has come up a lot over the past two weeks.“Who do you owe $421 million to,” Guthrie asked, citing a recent New York Times story on Trump’s tax returns that said the obligations will come due in the next four years.The idea that his creditors are a mystery became something of a meme in the wake of the newspaper report, which said that lenders often aren’t identified on tax returns.But the identities of Trump’s lenders have been known for …read more […]

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Yahoo Finance’s Alexis Christoforus and Anjalee Khemlani discuss Ffizer saying it should know if the COVID-19 vaccine works by the end of October. …read more […]

With so many brokerages out there, it can be hard to decide which one to use. About a year ago, I found out about the investing platform called Webull, and have been using it ever since. Today I’ll break down the platform for you in this comprehensive Webull review.

Getting Started
As with any brokerage platform, you’ll need to setup an account. This will require an email address or a mobile phone number to get started. After that you’ll need to fill out the application. Here’s what information you’ll need to provide:

Name (First, Middle and Last)
Age
Gender
Marital Status
Social Security Number
Country of Citizenship
Phone Number
Address

How …read more […]

Yahoo Finance’s Brian Sozzi and Ines Ferre discuss why European regulators now say the 737 Max is ready to fly. …read more […]

Pfizer seeks emergency use authorization in November despite anticipating results of its COVID-19 vaccine in October. …read more […]

(Bloomberg) — Volkswagen AG’s heavy-truck unit, is nearing an agreement to acquire the rest of Navistar International Corp. for $3.69 billion in a deal supported by billionaire investor Carl Icahn.VW’s Traton SE is finalizing an agreement to purchase the rest of Navistar stock it doesn’t already own for $44.50 a share, the U.S. truckmaker said in a statement Friday. The transaction is supported by Icahn, Navistar’s largest shareholder, and MHR Fund Management, the hedge fund founded by Mark Rachesky.Navistar shares surged as much as 21% to $42.97 shortly after the open of regular trading. The stock slumped earlier this week …read more […]

The Array Technologies IPO brought another eco-investing opportunity to investors. The company has been around for nearly three decades. Now, Array Technologies stock is trading on the Nasdaq for the first time.
But is Array Technologies a good investment? Here’s what we know…
Array Technologies IPO: The Business

Array Technologies manufactures ground-mounting systems for solar energy projects. Its main product is a single-axis tracker. Trackers are used in solar panels to track the sun, moving the panels throughout the day to get the most sunlight. According to BloombergNEF, energy projects using trackers can generate up to 25% more energy while also delivering 22% …read more […]

The big shareholder groups in Gold Resource Corporation (NYSEMKT:GORO) have power over the company. Institutions often… …read more […]

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(Bloomberg) — Warren Buffett isn’t known to ask much of companies in which he buys stock. Then last year, as Wells Fargo & Co.’s top investor, he publicly advised the board not to hire a leader from Wall Street — and it did.What ensued shows what can happen when a company rejects the legendary investor’s advice. Buffett’s Berkshire Hathaway Inc., already trimming its Wells Fargo stake to comply with a 10% regulatory limit, began cutting further last year just as Charlie Scharf became the bank’s chief executive officer, eventually unloading most of it. In a few more weeks, Wells Fargo …read more […]