September 7, 2020
“GUANGZHOU, China — Shares of Semiconductor Manufacturing International Corp (SMIC), China’s biggest contract chipmaker, plunged over 23% on Monday, after the U.S. government said it was considering putting export restrictions on the company. The firm’s Hong Kong-listed shares plummeted by 22.88% to… Continue Reading…
September 7, 2020
“Samsung Electronics Co. won a 7.9 trillion won ($6.6 billion) order to provide fifth-generation wireless solutions to Verizon Communications Inc. in the U.S., a big win for the electronics giant’s networking gear business. The contract was finalized Friday and is… Continue Reading…
September 6, 2020
“U.S. productivity rose at a 10.1% rate in the second quarter as the number of hours worked declined by the largest amount since the government started compiling the data more than 70 years ago. The Labor Department said Thursday that… Continue Reading…
September 6, 2020
“E-cigarette giant Juul Labs Inc. could cut more than half its workforce, according to a person familiar with the company’s plans, while it weighs exiting more European and Asian markets, further signs of the once high-flying company’s deteriorating fortunes. Juul… Continue Reading…
September 6, 2020
“AVEO Pharmaceuticals (AVEO)… Griffin is among those singing AVEO’s praises. Increasing its holding by a whopping 2,357%, Citadel bought up 383,720 shares in Q2. With the total position now landing at 400,003 shares, it is valued at $1,824,013… IDEAYA Biosciences… Continue Reading…
September 5, 2020
“Shares of DraftKings rose 8% on Wednesday after the company said Michael Jordan is joining the betting company as a special advisor to the board of directors. Jordan, a member of the National Basketball Association Hall of Fame, will have an equity… Continue Reading…
September 5, 2020
“Territorial Bancorp (TBNK)… Compass Point analyst Laurie Hunsicker makes TBNK her top pick, rating the stock a Buy and giving it a $30 price target that suggests a robust 40% upside potential. (To watch Hunsicker’s track record, click here)… America’s Car-Mart (CRMT)… With… Continue Reading…
September 5, 2020
“U.S. Treasury yields shot higher on Friday, propelled by a drop in the August unemployment rate and ahead of a big burst of supply next week. The benchmark 10-year yield was last up 9.1 basis points at 0.7131%. The U.S.… Continue Reading…
September 4, 2020
“Debt can be overwhelming, especially if it’s in the double or triple-digits. Just ask Tiffany “The Budgetnista” Aliche who had around $300,000 in debt after the last recession… “Focus on that credit card debt. That’s the one that’s costing you… Continue Reading…
September 4, 2020
“After a disappointing summer, General Electric (NYSE:GE) finally looks set to recover… The QSR scores have been quick to spot GE’s comeback. Over 60% of the firm’s revenues now come from its high-margin aviation and medical businesses. Its loss-making renewable energy segment… Continue Reading…
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