July 2, 2019
“Goldman Sachs upgraded Procter & Gamble on Friday and said the consumer staples giant offers shareholders a “potential double-digit return.” “We believe there is a role in investors’ portfolios for a large liquid global staples company such as this and note that… Continue Reading…
June 25, 2019
“Legacy Reserves (LGCY -12.8%) expects there will be no recovery for shareholders as it files for Chapter 11 bankruptcy, as expected, to facilitate its previously negotiated financial restructuring. LGCY’s largest investor, Baines Creek Capital, recently launched a proxy fight to replace the… Continue Reading…
June 20, 2019
“Stocks rose sharply on Thursday after the Federal Reserve hinted at possible interest rate cuts as soon as next month. The S&P 500 surged 0.9%, hitting a record high of 2,954.33 as the tech and energy sectors outperformed. The Dow Jones Industrial Average gained 256 points… Continue Reading…
June 20, 2019
“A divided Federal Reserve held the line on interest rates Wednesday and indicated formally that no cuts are coming in 2019. The decision came amid divisions over what is ahead and still leaves open the possibility that policy loosening could… Continue Reading…
June 17, 2019
” Legacy Reserves Inc.’s stock LGCY, -16.33% plunged 42% in active premarket trade Tuesday, after the oil and gas company said it expects to file for bankruptcy, in an effort to facilitate the implementation of a restructuring agreement with its lenders. Trading volume… Continue Reading…
May 15, 2019
“Is there really a shortage of skilled workers available for hire? Small-business owners certainly seem to think so. Some 24% of small-business owners said finding qualified workers is their single biggest problem, according to an April survey by the National Federation… Continue Reading…
April 23, 2019
“The number of small business sales counted by online market BizBuySell.com fell 6.5% during the first quarter from the same period of 2018, following a 6% fourth quarter drop. BizBuySell.com reported 2,504 first quarter transactions, down from 2,678 a year… Continue Reading…
April 20, 2019
“Publicly traded cannabis companies have reported strong sales since Canada legalized pot last October and several US states voted to approve recreational and medical marijuana use… “This business is still in its infancy. It’s like investing in alcohol post-Prohibition. There… Continue Reading…
April 13, 2019
” Uber Technologies Inc has 91 million users, but growth is slowing and it may never make a profit, the ride-hailing company said on Thursday in its IPO filing. ..” https://uk.reuters.com/article/us-uber-ipo/uber-reveals-91-million-users-but-cautions-on-profitability-in-ipo-filing-idUKKCN1RN2SK Wow! Uber may never make a profit? Never!? Get… Continue Reading…
April 10, 2019
“The approval percentage for small business loan applicants hit a record high of 27.3% at big banks ($10 billion+ in assets) in March, up one-tenth of a percent from February, according to the latest Biz2Credit Small Business Lending Index™. Approvals… Continue Reading…
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