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Having become a master of financial engineering instead of aircraft engineering. By Wolf Richter for WOLF STREET. The first thing to know about Boeing’s mad scramble to line up “$10 billion or more” in … Read more
Japan: 253% Greece: 178% Lebanon: 148% US: 105% Egypt: 101% Spain: 98% France: 97% Canada: 89% UK: 85% Brazil: 74% Germany: 64% Israel: 60% Argentina: 57% China: 47% Saudi Arabia: … Read more
“Give Me a Growing Environment, It’s Easier to Run the Railroad”: CSX CEO. By Wolf Richter for WOLF STREET. CSX reported fourth-quarter and annual results Thursday evening: revenues for the quarter fell 8% to 2.88 … Read more
By Wolf Richter for WOLF STREET. Companies in the S&P 500 index bought back $176 billion of their own shares in the third quarter, down 13.7% from the third quarter last year, and … Read more
Corp Debt Bubble (BBB/junk) formed by a decade of Fed's 0% rates💉☠️ making it easy to reduce share counts to boost earnings (FIN'L ENGINEERING) and not need to invest or … Read more
Conoco aims to be high cash generator as peak oil demand looms Industry faces ‘struggle for relevance’ without value creation www.bloomberg.com/news/articles/2019-11-19/conocophillips-plans-30-billion-share-buyback-over-next-decade
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter It is ironic the Fed puts out this data, as if to show off its success in concentrating wealth at the 1%, and how every time … Read more
Talk Digital Network, Released on 11/7/19 Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book “Juggling … Read more
by KnoxRoxs Link to article from the White House www.whitehouse.gov/briefings-statements/statement-press-secretary-81/
by chartr Source: Yahoo Finance, Company data and FT Tool: Microsoft Excel Related: $BYND is another overhyped IPO getting clobbered. Now down 40% since July! It still trades … Read more
Corporate America’s share buybacks, which hit a record of more than $1 trillion in 2018 on the back of a tax overhaul, have begun to slow down in recent … Read more
by Pieerre Tesla’s market value has increased by 39% over the past 5 years, but Tesla shareholders have not benefited because Tesla has created so many new shares Tesla creates an … Read more
The company priced its IPO at $23 per share on Wednesday, above the expected range of $19 to $22. SmileDirectClub sold 58.5 million shares, raising $1.3 billion and valuing the … Read more
Share buybacks are expected to approach $1 trillion this year, according to Goldman Sachs. Funding is coming from a record drawdown in cash as well as a rise in gross … Read more
EPS: $2.18 vs. $2.10 estimated by Refinitiv consensus estimates Revenue: $53.8 billion vs. $53.39B estimated by Refinitiv consensus estimates. Q4 Revenue guidance: $61 billion to $64 billion versus $60.98 billion estimate by Refinitiv … Read more
NEW YORK (CBSNewYork) – A multi-billion dollar construction project at LaGuardia Airport is causing more than a minor inconvenience. Many travelers have to take another trip before they head home and … Read more