December 15, 2023
“…As such, it’s not that surprising to learn that 28% of workers today think they’ll have no choice but to live frugally as retirees, according to data from Natixis…” https://finance.yahoo.com/news/28-americans-think-theyll-stuck-121800115.html Listen, if you are a millennial do not expect social security to… Continue Reading…
December 11, 2023
“Michael Baum’s cybersecurity software company, Splunk, just sold to Cisco for $28 billion. It might have never even existed if Steve Jobs didn’t visit Drexel University in 1983…” https://www.cnbc.com/2023/09/23/splunk-sold-for-28-billion-steve-jobs-inspired-co-founder-in-college.html Most of the article was not about the business itself so I… Continue Reading…
September 21, 2023
“Cisco Systems (CSCO) on Thursday said it will acquire software company Splunk (SPLK) for $28 billion in cash. Splunk shares surged on the news but CSCO stock fell. Cisco will buy Splunk for $157 per share, a 31% premium to the software firm’s… Continue Reading…
January 30, 2023
“Founder Gautam Adani, the richest man in Asia and once second only to Elon Musk, fell out of the world’s top five richest to seventh place on the Bloomberg’s Billionaire Index. His net worth fell $27.9 billion year-to-date, the index… Continue Reading…
September 29, 2022
“Bed Bath & Beyond on Thursday said sales plunged by 28% in the fiscal second quarter, as the home goods retailer struggled to draw customers… Bed Bath reiterated its full-year outlook, saying it anticipates comparable sales to decline by about 20%… Continue Reading…
May 11, 2022
“Bukele’s bought 2,301 Bitcoins for the government since making them legal tender back in September, based on his announcements on Twitter. That includes a purchase of 500 coins yesterday as their price plunged below $31,000, extending a wild six-month sell-off.… Continue Reading…
November 16, 2020
“Walmart’s Stock Gains 28% in 2020… Walmart has been one of 2020’s biggest non-tech winners. While many local competitors were forced to close during the spring lockdowns, Walmart’s megastores were allowed to remain open because they sell groceries and often… Continue Reading…
April 1, 2020
“Twenty-eight percent of those surveyed said they’d already “lost wages or other personal income.” Another 16 percent said they were laid off or furloughed from work, and an additional 28 percent said they lost what they considered a “substantial amount” from… Continue Reading…
October 28, 2019
“Oct. 28 has been the single best day of the year for stocks going back to 1950 with an average return of 0.54% on the S&P 500, according to Ryan Detrick, senior market strategist for LPL Financial. The S&P 500 hit… Continue Reading…
April 11, 2019
“Shares of CBL & Associates Properties (NYSE:CBL), a real estate investment trust (REIT) focused on shopping malls, plummeted 27.6% last month, according to data from S&P Global Market Intelligence. (When we include dividends, shares dropped 24.1% in March.) The stock… Continue Reading…
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