If you’re an investor in consumer goods giant Unilever (NYSE:UN), odds are you followed the takeover bid from Kraft Heinz(NASDAQ: KHC) closely in 2017. Ultimately, it fell through, with Unilever’s management rebutting that it was better off on its own. There was some mustard left on the face of Kraft Heinz, but major shareholder Warren Buffett claimed there was potentially a misunderstanding....More>>>
Zscaler has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company expects to price its 10 million shares in the range of $10 to $12 per share, with an overallotment option for an additional 1.5 million shares. At the maximum price, the entire offering is valued up to $138.0 million. The company intends to list its....More>>>
Jeremy Grantham, the 79-year-old investor known for his bearish views, is so bullish on emerging-market stocks that he’s telling his own kids to invest more than half their retirement money in the asset class.
"What I would own is as much emerging-market equity as your career or business risk can tolerate," Grantham, co-founder of GMO, the Boston-based asset-management company,....More>>>
Raiffeisen Bank International (OTCPK:RAIFY) is currently undervalued compared to its closest peers, which doesn’t seem to be warranted given its improving fundamentals. The bank has high exposure to Central and Eastern Europe, of which Russia and Ukraine are two important markets.
This was quite bad during 2014-15, but since then, Raiffeisen has implemented a restructuring program,....More>>>
Despite U.S. Attorney General Jeff Sessions’ best efforts, there is no stopping the legal marijuana movement in the United States, and that’s why we’re bringing Money Morning Members three of the best marijuana investing strategies for 2018.
According to Chris Walsh, editorial vice president atMarijuana Business Daily, Sessions’ announcement last month was “like....More>>>
Ticket sales are strong with “The Last Jedi.”
Disney’s next installment in the “Star Wars” saga has become Fandango’s top advance ticket-seller of the year, the online ticket site reported on Tuesday.
The film, which doesn’t officially open in North America until Friday with previews beginning Thursday night, toppled another Disney production,....More>>>
Financial and industrial stocks are leading the way in todays market rally, with the Dow and other major equity indexes hitting new highs.
The Dow Jones Industrial Average rose almost 139 points, or 0.7%, to 20,404. The S&P 500 advanced 12 points to 2,328, a rise of 0.5%. The Nasdaq Composite Index climbed more than 30 points, or 0.53%, to almost 5,764.5.
Guggenheim’s Louise Chen and team argue that oral Relistor, which helps relieve constipation caused by the use of opioids, could be a $1 billion opportunity for Valeant Pharmaceuticals International (VRX):
After meeting with the senior management team of Progenics (PGNX) , Valeant’s partner for oral Relistor, we continue to think that this drug would be a....More>>>
Hearsay data has found that 10% of compliance risks identified by monitoring language on social and digital platforms are actually risky. The firm’s Risk Meter uses machine learning to prioritize risks it identifies based on almost 100 million annual interactions processed on the Hearsay platform, according to a statement.
“Today, supervision teams are tasked to do more than ever....More>>>
The Detroit audience for the Republican debate got noisy. Young women were dabbing behind the moderators. Protesters were hollering at Donald Trump from the cheap seats. Three people were removed from the theater by police.
The crowd for Thursday night’s GOP debate was so rowdy so loud and sometimes even disruptive that it has people asking whether debates should have audiences....More>>>