Month: October 2020

Hewlett Packard Enterprise Company (NYSE:HPE) saw significant share price movement during recent months on the NYSE… …read more […]

(Bloomberg) — Morgan Stanley agreed to purchase Eaton Vance Corp. for about $7 billion in Chief Executive Officer James Gorman’s second major acquisition this year, both of which tilt the investment bank further toward the steadier business of money management.Eaton Vance shareholders will receive a total cash-and-stock consideration of about $56.50 a share, Morgan Stanley said in a statement Thursday. That represents a 38% premium over Eaton Vance’s closing price Wednesday.Gorman has become the most prolific dealmaker on Wall Street in the past three years, using acquisitions to transform his bank. Just days after completing the purchase of E-Trade Financial …read more […]

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously… …read more […]

Cryoport, Inc. (NASDAQ:CYRX), might not be a large cap stock, but it saw a significant share price rise of over 20% in… …read more […]

WATERLOO, ON, Oct. 8, 2020 /CNW/ — BlackBerry Limited (NYSE: BB; TSX: BB) today announced it has partnered with ServiceNow to integrate the BlackBerry® AtHoc® service within the Now platform for rapid crisis communications and IT service management. …read more […]

Agreement provides option for European Union Member States to secure up to 200 million additional doses for a total of up to 400 million dosesNEW BRUNSWICK, N., Oct. …read more […]

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The resumption of sports leagues such as the National Basketball Association and the National Hockey League has also boosted demand for pies and chicken wings. Domino’s has been focusing on tech innovations and has also broadened its menu with additions such as chicken tacos and cheeseburger pizzas in order to keep its customers from switching to rivals McDonald’s , Papa John’s and Pizza Hut , among others. …read more […]

IBM shares were up more than 4% in premarket trading. The separation of the new company is expected to be achieved as a tax-free spin-off to IBM shareholders and completed by the end of 2021, IBM said. …read more […]

The lunacy continues… and it’s your money that’s at risk.
We streamed Jay Powell’s big speech live on Tuesday. We need more stimulus, he said.
In fact, keep it flowing.
Like all good drug dealers tell their addicts, too much is better than too little.
Stocks rose.
Four hours later, they plunged.
Trump walked away. The stimulus can wait, he said. But he’ll need to be reelected to make it happen.
There you have it… money in America. There’s not a natural force in sight.
But we saw this coming.
Not actually us… but our neighbors, nearly 200 years ago.
[mw-adbox]
The Manward Time Machine
When you shun the horrors of TV, …read more […]

Millions of U.S. workers have lost their jobs to the pandemic, but in the auto industry, suppliers are scrambling to find enough people to staff production lines, resorting to such approaches as rewards for good attendance and at-work teachers to lure job seekers. At auto parts maker Mobex Global, Chief Executive Joe Perkins said he is boosting pay and offering bonuses to help fill 80 job openings. “It is the most critical issue in our company,” said Perkins, whose firm has 12 U.S. plants and counts General Motors Co and Ford Motor Co among its customers. …read more […]

Top news and what to watch in the markets on Thursday, October 8, 2020. …read more […]

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(Bloomberg) — Barrick Gold Corp.’s top executive says the gold industry needs more consolidation so it can increase exploration to boost depleting reserves, lure more generalist investors and improve efficiencies.The flurry of deals that characterized the sector in the past two years will likely continue, with miners in Australia already “stamping their mark” on the industry, Chief Executive Officer Mark Bristow said in a virtual South African mining conference. Mergers and acquisitions are likely to dominate the sector in Africa, and are needed in Canada, where the world’s second-largest gold miner is based.“The industry still needs further consolidation,” Bristow said …read more […]

British Airways will bid farewell to its final London-based Boeing 747s on Thursday with a rare synchronised dual take off for the “Queen of the Skies”, the jet which brought long-haul flights to the masses. Once the world’s largest operator of the 747, BA has now retired its entire jumbo jet fleet after the COVID-19 pandemic curtailed most air travel, accelerating the move to more fuel-efficient planes. Chief Executive Alex Cruz said it would “be a difficult day for everybody at British Airways as the aircraft leaves our home at Heathrow for the very last time.” …read more […]