Tesla Inc. late Wednesday reported second-quarter earnings above Wall Street projections, defying expectations that COVID-related shutdowns in China would hurt its bottom line, thanks to vehicle price increases and selling Read more
Tag: Corporate Actions
Opinion: Success breeds excess: Make sure you own stock in companies where employees are competitive, not complacent.
Companies with substantial competitive advantages have always had to guard against employee complacency. With employees now a top priority of ESG advocates and regulators, it is more important than ever Read more
IBM stock drops despite ‘solid’ results, as some analysts worry about slowing growth and rising risks
International Business Machines Corp. reported better-than-expected second-quarter results after the stock market closed on Monday, which were described as “solid” and “reasonable” by some analysts. Despite the earnings beat, the Read more
Opinion: Our bill for easy money is coming due: Prepare for low and volatile returns — or the long-delayed financial market reckoning.
Until recently, good news (a solid rebound from the COVID-19 pandemic) was bad news (higher interest rates). Now, bad news (an economic slowdown) is good news (accommodative policies). For investors, Read more
Opinion: Junk bonds aren’t as junky as investors think – which makes them a good contrarian buy
High-yield debt of riskier companies is not as junky as investors believe. So these bonds have sold off too much. Consider finding a place for them in your investment portfolio: Read more
Opinion: If you want to retire early, don’t quit — negotiate a severance package. This FIRE movement pioneer shows you how.
Quit your job or be laid off? Most would choose the former, especially in a strong job market. Actually, being laid off is better. In a layoff, you might Read more
Arista stock rises after upgrade: ‘This is the kind of name to own as the economy weakens’
Arista Networks Inc. is “one of the most insulated from macro pressures” in the networking sector, according to a Needham analyst, who upgraded the stock to buy from hold Tuesday Read more
NCR Shares Jump 17% After WSJ Report on Buyout Talks
By Chris Wack NCR Corp. shares were up 17% to $34 in premarket trading after The Wall Street Journal reported that the company is in exclusive talks to be sold Read more
French government to pay $9.8 billion to take EDF private
The French government said Tuesday that it plans to pay about 9.7 billion euros ($9.84 billion) to take Electricite de France SA private. The French state plans to launch a Read more
Genesis listed as Three Arrows Capital’s biggest creditor, lent $2.4 billion
Digital Currency Group Inc., the cryptocurrency conglomerate that owns Genesis Global Trading Inc., is the biggest creditor of the beleaguered hedge fund Three Arrows Capital Ltd., according to court documents Read more