Pedro Parente, lauded for turning around Brazil’s state-oil giant Petrobras SA, agreed to become chairman of struggling food conglomerate BRF SA, a breakthrough that may end several weeks of fighting among shareholders over who will sit on its board.
I am optimistic about Kohl’s (KSS) because their stock price appears undervalued. They continue to beat their competitors in areas that are important such as revenue, ROIC, store productivity, and e-commerce.
Kohl’s reported a comparable sales increase of 6.3% and reported diluted earnings per share of $5.12 in their fourth-quarter....More>>>
In the populist age of President Donald Trump – when CEOs are routinely hauled to Washington and browbeaten on live television over an America-first jobs agenda – it makes perfect sense for Kraft Heinz to shock Wall Street and take its ruthless deal-making abroad.
On Friday morning, Kraft Heinz said it has made an unsolicited takeover offer for Anglo/Dutch consumer....More>>>
Has Gilead (NASDAQ:GILD) moved so far from R&D and product development within its most core franchise, HIV/AIDS, that it has forgotten to protect those crown jewels quite as thoroughly as it might? Clearly, its HIV/AIDS franchise is strong and probably getting stronger. Yet ViiV is challenging it and in some ways, as shown below, it may be that GILD has ignored that challenge....More>>>
The International Association of Machinists & Aerospace Workers (IAM) filed a petition Monday morning with the U.S. National Labor Relations Board (NLRB) to hold an election at Boeing Co.s (NYSE: BA) North Charleston, South Carolina, 787 plant. The union said that Boeing workers have contacted IAM organizers “regarding numerous workplace concerns that remain unaddressed, including subjective....More>>>
Related FXI China Stocks Edge Lower Following Trade Data China Stocks Trade Slightly Higher 'Outflows' (Seeking Alpha) Related GXC China Stocks Edge Lower Following Trade Data China Stocks Trade Slightly Higher Return From Exile On Main Street (Seeking Alpha)....More>>>
New Home Sales is a huge gauge for the state of the economy.
The building of the home, the loans for purchasing, the realtors, the upgrades, the decorating, the new furniture and the economic stimulation goes on. If the US New Home Sales report is up, that’s a good sign for the economy and good for currency. The number and news released at 10:00 AM ET, Monday, April 25, 2016, can....More>>>
Get ready for… something. Ignore what everyone knows (fast post-election rise, stocks linked to Trump’s pronouncements, and Dow Jones Industrial Average’s 20,000 level). Expect these popular issues to be ineffectual as 2017 begins. Instead, the market could make one of its countermoves, testing stocks’ strength and investors’ confidence by falling....More>>>
In 2017, geopolitical concerns ranging from White House turmoil to North Korea rarely caused more than a ripple in financial markets. In 2018, its a different story as a China-U.S. trade spat and rising tensions over Syria also enter the mix.
On March 13th, 2018, CTS Labs announced that they have found no less than 13, yes, count them, 13 vulnerabilities in AMD's (AMD) Ryzen and EPYC architectures. To back up this claim they have had their findings reviewed by not less than ONE, yes, just one, company, Trail of Bits. To further bolst
In the last few weeks, we have seen two high profile unicorns file for initial public offerings. The first out of the gate was Dropbox (Pending:DBX), a storage solution for a world where gigabyte files are the rule rather than the exception, with a filing on February 23. Following close after,
Jay Clayton, chairman of the U.S. Securities and Exchange Commission (SEC), listens during a Senate Appropriations Subcommittee hearing in Washington, D.C., U.S., on Tuesday, June 27, 2017. Clayton and the Commodity Futures Trading Commission (CFTC) acting chairman defe