Sales at Inditex, the owner of Zara, jumped 50% in the first quarter compared with the same period in 2020, as the group swung to a profit.
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Sometimes, following a leader makes the best investment strategy. And corporate insiders have long been popular leaders to follow. Their combination of responsibility to their stockholders and access to ‘under the hood’ information on their companies gives their personal investment choices an air of authority. The most important thing about these insiders is that whatever else they do, they are expected to shepherd their companies to profitability. Shareholders want a return on investment, Board
The founders of South Africa’s largest crypto exchange have gone missing.
MLPs or Master limited partnerships are a unique investment that combines the liquidity of securities with the tax benefits of an LP. Learn how they work and which ones to consider.
(Bloomberg) -- China’s capacity to maintain stability in its financial markets is being tested by the Federal Reserve’s sudden hawkish shift.Beijing has repeatedly voiced concern that liquidity-fueled bubbles overseas would burst when monetary conditions finally started to tighten. Bullish speculation domestically already prompted intervention by Chinese authorities, particularly in commodities. As such, a move by the Fed that starts to head off such a risk would be welcomed by the Communist Par
- Simply Wall St.
The big shareholder groups in General Electric Company ( NYSE:GE ) have power over the company. There are a few main types of major shareholders in a company: Insiders, institutions and the general public. Insiders often own a large chunk of younger companies, while large companies tend to have institutions as shareholders.
Sundial Growers Inc. (SNDL) shares surged 12.1% on June 23. Over the past month, the stock has surged 38.9%, which is huge enough to draw the attention of investors. This Canada-based company operates as a pharmaceutical company. It produces and grows cannabis strains. It has gained 112.8% over the past six months and 81.8% on a year-to-date basis. Though there are no concrete reasons for the surge in the stock price, there are few interesting facts which might have sent SNDL prices soaring. For
Sorrento Therapeutics (SRNE) is a company with its foot on the gas, and hardly a week goes by without new developments. This week is no different. On Tuesday, the biotech announced a multi-year Cooperative Research and Development Agreement (CRADA) with the U.S. Naval Medical Research Unit (NAMRU-3). The partnership’s aim is to conduct infectious disease research that assists the Department of Defense (DoD), informs host nation partners’ public health policy, and improves the U.S. Armed Forces m
- NBC News
In the airline's 50-year history, it has never had a single layoff or furlough — even during the coronavirus pandemic.
- Insider Monkey
In this article we will take a look at 10 cheap dividend stocks with high yields. You can skip our detailed analysis of dividend investing in 2021 and go directly to see 5 Dividend Stocks with High Yields. Dividend investing is a practice ingrained in investor circles, with many prospective investors constantly on the lookout […]
We can all use a simpler, more efficient way to manage expenses and save money. Putting your bills on autopay can ensure never forgetting a due date, which minimizes the risk of late fees and dings...
(Bloomberg) -- The biggest U.S. banks, led by JPMorgan Chase & Co. and Bank of America Corp., are expected to pay out $142 billion in capital to shareholders after clearing this year’s stress tests.One year after the Federal Reserve capped stock buybacks and dividends, the central bank is poised to lift remaining Covid-19 restrictions for lenders that perform well on this year’s exams when results are announced Thursday.All six of the biggest U.S. banks -- a group that also includes Citigroup In
Global technology giant Intel (INTC) plans to restructure its Data Platform Group (DPG) into two new units — Network and Edge Group and Datacenter and AI. The company also plans to create two new business units that will focus on high-performance computing (HPC) and graphics, and software. Intel offers semiconductor chips, microprocessors, and a broad portfolio of computing and communications devices. (See Intel stock charts on TipRanks) Additionally, the company has announced organizational cha
The IRS just launched a tool to help households collect their child tax credit payments.
You may have a Round 3 payment coming even if you've already gotten one.
- Insider Monkey
In this article, we examined the 10 best defensive stocks to buy today according to billionaire Ken Fisher with a beta of less than 1. If you want to skip our detailed analysis of Fisher’s history and hedge fund performance, go directly to the 5 Best Defensive Stocks to Buy Today According to Billionaire Ken […]
The enhanced child tax credit is designed to give parents financial relief to help deal with fallout from the COVID-19 pandemic, but many might not know that the credits don't represent free money,...
The FDA’s recent approval of Biogen’s Aduhelm (aducanumab) has been a transformative event for the Alzheimer’s disease (AD) space. The go ahead from the regulators amounts to a first for a treatment addressing the underlying causes of the memory-decimating disease and opens the previously locked door for others to enter. Cassava Sciences (SAVA) is one such name hoping to make its mark in the space, and going by the data available so far, the company’s AD candidate simufilam appears to be very pr
These businesses could increase the resilience of your portfolio
(Bloomberg) -- Bill Ackman said he has already re-engaged with a potential target for his remaining blank-check company after reaching a deal to buy a 10% stake in Universal Music Group before its spinoff from Vivendi SE this year.As part of the deal announced Sunday with Vivendi, investors in Ackman’s blank-check company, Pershing Square Tontine Holdings Inc., will not only receive shares in Universal Music but will also retain common stock in Ackman’s remaining blank-check company, which he re