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Economy

[Blame Game] “Greedflation: corporate profiteering ‘significantly’ boosted global prices, study shows”

December 8, 2023

“…The report from the IPPR and Common Wealth thinktanks found that business profits rose by 30% among UK-listed firms, driven by just 11% of firms that made super-profits based on their ability to push through stellar price increases – often dubbed… Continue Reading…

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Business, Economy

“Corporate bankruptcies and defaults are surging – here’s why”

June 26, 2023

“The Federal Reserve plans to keep hiking interest rates to stem inflation, which means an increase in corporate default rates is likely in coming months… There have been 41 defaults in the U.S. and one in Canada so far this year, the… Continue Reading…

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Economy

“Are record corporate profits driving inflation? Here’s what experts think.”

February 1, 2023

“…Some who do blame corporate price-gouging for a portion of the price increases said it arises from market concentration that allows a handful of dominant companies in a given sector to raise prices without fear of competitors undercutting them with… Continue Reading…

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Stocks

“CEOs And Corporate Insiders Have Sold A Record $69 Billion In Stock In 2021”

December 10, 2021

“EDITOR’S NOTE: If you are looking to spot trends in the stock market, following what “CEOs and corporate insiders” do is a good place to start. In 2021, these finance mavens are having a fire sale and taking as much… Continue Reading…

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Business, Economy

“These charts show the highest and lowest corporate tax rates around the world”

June 7, 2021

“Highest and lowest corporate tax rates Generally, countries in Africa and South America impose higher corporate tax rates compared with many in Europe and Asia, according to data by Washington-based think tank Tax Foundation, the OECD and consultancy KPMG. Many… Continue Reading…

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Stocks

“Corporate Insiders Pull the Trigger on These 3 Stocks”

September 18, 2020

“HBT Financial (HBT)… Tamayo’s is one of two reviews on this stock. The other gives a Hold, making the analyst consensus rating a Moderate Buy. The $15.50 average price target suggests that there is room for 29% growth from the trading… Continue Reading…

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Business

“Men’s Wearhouse owner Tailored Brands plans to shut 500 stores, cut 20% of corporate workforce”

July 21, 2020

“Tailored Brands said it is eliminating roughly 20% of its corporate workforce by the end of its fiscal second quarter. It also said it has selected up to 500 stores that it could close “over time.” It did not disclose locations…… Continue Reading…

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Business

“Apple borrows $8.5 billion, joins record corporate debt borrowing spree”

May 6, 2020

“The iPhone maker on Monday borrowed $8.5 billion with a four-part bond deal, adding its name to the roster of U.S. investment-grade companies borrowing a record amount of debt in the corporate bond market during the pandemic… The Apple bonds… Continue Reading…

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Economy

“Record government and corporate debt risks ‘tipping point’ after pandemic passes”

April 21, 2020

“The United States is embarking on a rapid-fire experiment in borrowing without precedent, as the government and corporations take on trillions of dollars of debt to offset the economic damage from the coronavirus pandemic. The federal government is on its… Continue Reading…

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Banking, Economy

“Distressed Debt Balloons to Almost $1 Trillion, Nears 2008 Peak”

March 26, 2020

“The amount of distressed debt in the U.S. has quadrupled in less than a week to nearly $1 trillion, reaching levels not seen since 2008 as the collapse of oil prices and fallout from the coronavirus shutters entire industries across… Continue Reading…

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