President Donald Trump on Thursday signed an executive order ostensibly to prevent online censorship, a broad government review of private companies’ activities with potentially grave consequences for social-media companies. Trump claimed in the order that social-media companies have “unchecked power” to censor and restrict speech, and “we’re fed up withRead More →
© Reuters. U.S. President Trump hosts Rose Garden event on treating diabetes at the White House during coronavirus disease (COVID-19) outbreak in Washington By Nandita Bose and David Shepardson WASHINGTON (Reuters) – U.S. President Donald Trump is expected to order a review of a law that has long protected internetRead More →
Introduction The financial sector will undoubtedly be hit hard by the COVID-19 outbreak and I have been trying to look for banks that are trading cheap and could be added to a long-term portfolio. Canadian banks have had to deal with several problems that surfaced at the same time: COVID-19,Read More →
Premier League clubs have agreed to start contact training as preparations intensify for the resumption of English football. As part of ‘Project Restart,’ players and staff are being tested for coronavirus twice a week, with those testing positive forced to self-isolate for seven days. Earlier this week the Premier LeagueRead More →
2/2 © Reuters. A man wearing protective face mask walks in front of a stock quotation board outside a brokerage in Tokyo 2/2 By Marc Jones LONDON (Reuters) – European shares rose for the fourth straight session on Thursday and the euro perched at a two-month high, as businesses returningRead More →
Elevator Pitch Essent Group Ltd. (ESNT) is a private mortgage insurer boasting a net margin and ROE that are some of the best in the industry, yet its P/E of 5.58 and Fwd P/E of 6.47 are 7.3% and 11.5% below the industry median. Most of its valuation multiples areRead More →
Mark Zuckerberg called out his social-media rival on Wednesday, saying Twitter Inc. should not be fact-checking President Donald Trump — or anybody. During a clip from an interview on Fox News’s “The Daily Briefing,” which will be aired in full Thursday, the Facebook Inc. FB, -1.31% co-founder and chief executiveRead More →
© Reuters. Tokyo Motor Show 2019 By Naomi Tajitsu TOKYO (Reuters) – Nissan (OTC:) Motor Co (T:) will unveil its plan to become a smaller, more cost-efficient automaker on Thursday as it looks to recover from four years of tumbling profits which are set to culminate in its first annualRead More →
Mohawk Industries (NYSE:MHK) was already in some unstable ground before COVID-19. Particularly, 2018 and 2019 were tough years for the business and industry. Gross profit margins have been falling. Mohawk reached its highest gross margins of 32.1% in 2017. Today, they are down almost 5% to 27.8%. Since Mohawk isRead More →
As if getting divorced isn’t stressful enough, trying to do so during a pandemic may seem overwhelming. With normal routines disrupted, jobs and income lost, stock markets fluctuating, and real estate markets uncertain, it may seem nearly impossible to move forward once a decision to divorce has been reached. SoRead More →
© Reuters. FILE PHOTO: Polo by Ralph Lauren store logo is seen on a shopping center at the outlet village Belaya Dacha outside Moscow (Reuters) – Ralph Lauren Corp (NYSE:) said on Wednesday a surge in online shopping was helping it get back on track in China and putting itRead More →
We first wrote about Rocket Pharmaceuticals (RCKT) in September 2019 (see report here) so we figured it was time for an update. Additionally, this year is a big year for RP-A501, an AAV9 gene therapy for Danon Disease that has billion dollar plus revenue potential. So we figured it isRead More →
Talk about blowing hot and cold with just two adverbs. After indicating 10 days ago that the Bank of England was “urgently” looking at negative interest rates, the U.K. central bank’s chief economist, Andy Haldane, said on Tuesday that it wasn’t “remotely” close to making a decision on the matter.Read More →
© Reuters. Australia stocks lower at close of trade; S&P/ASX 200 down 0.09% Investing.com – Australia stocks were lower after the close on Wednesday, as losses in the , and sectors led shares lower. At the close in Sydney, the lost 0.09%. The best performers of the session on theRead More →
For Vertex Energy (VTNR), size matters. The UMO (used motor oil) re-refiner is a smaller player in the oil and gas industry. When the industry struggles, Vertex Energy’s share price typically gets pummeled simply because it is a smaller player. Declaration of the COVID-19 pandemic in March 2020 prompted quarantinesRead More →
Twitter Inc. marked tweets by President Donald Trump with a fact-check warning label for the first time Tuesday, after the president falsely claimed mail-in ballots are “substantially fraudulent.” “These tweets contain potentially misleading information about voting processes and have been labeled to provide additional context around mail-in ballots,” a TwitterRead More →
© Reuters. The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange MILAN (Reuters) – Milan’s Arbitral Tribunal has judged that the contracts over the sale of Italy’s RCS (MI:) headquarters to Blackstone GroupRead More →
Anaplan, Inc. (NYSE:PLAN) Q1 2021 Earnings Conference Call May 26, 2020 8:30 AM ET Company Participants Edelita Tichepco – Vice President, Investor Relations Frank Calderoni – Chief Executive Officer Dave Morton – Chief Financial Officer Conference Call Participants Raimo Lenschow – Barclays Alex Zukin – RBC Capital Markets Heather BelliniRead More →
NEW YORK (Project Syndicate) — After passing unanimously in the U.S. Senate on May 20, the Holding Foreign Companies Accountable Act is heading for the House of Representatives, and President Donald Trump is expected to sign it into law. The law would require that all companies listed on U.S. stockRead More →
2/2 © Reuters. FILE PHOTO: The spread of the coronavirus disease (COVID-19) in New York 2/2 By John McCrank NEW YORK (Reuters) – The New York Stock Exchange will partially reopen the trading floors at its iconic 11 Wall Street building on Tuesday for the first time since March 20Read More →
Imperial Oil (NYSEAMERICAN: IMO) is one of the largest integrated oil companies in Canada with a market capitalization of more than $10 billion. The company is majority owned by Exxon Mobil (NYSE: XOM) making up roughly 4% of the latter giant’s valuation. As we’ll see throughout this article, Imperial Oil’sRead More →
U.S. stock futures indicated a powerful open for Wall Street on Tuesday after a long holiday weekend, as investors seized on fresh coronavirus vaccine news and signs that global economies are slowly starting to crawl back from the pandemic shutdown. How are benchmarks trading? Dow Jones Industrial Average futures YMM20,Read More →
© Reuters. Employees wearing face masks work at a plant of Daimler-BAIC joint venture’s Beijing Benz Automotive Co during a government organised tour of the facility following the outbreak of the coronavirus disease (COVID-19), in Beijing By Zhang Yan and Julie Zhu BEIJING/HONG KONG (Reuters) – Daimler AG (DE:) plansRead More →
Overview We maintain our bullish view on Pluralsight (NASDAQ:PS), the leading cloud-based solution for technical skills development. The share price has appreciated by over 40% since last September when we covered the stock for the first time. Back then, we had our share of doubts about the management’s execution. However,Read More →
Shares of Tesla Inc. shot higher Monday, putting them on track to snap a sharp 5-day selloff, but Morgan Stanley analyst Adam Jonas suggested it was still too early for investors to jump in. Jonas reiterated the underweight rating he’s had on the stock since he downgraded it on Jan.Read More →
