Spreading the truth. Empowering the people.
By Wolf Richter for WOLF STREET: HSBC and Goldman Sachs have now both come out with estimates about the extent of the collapse of share buybacks. So far into this crash, over 50 … Read more
Even after the bottom is perceived to be in, “buybacks may be slow to come back” as companies struggle for cash amid potential government restrictions on buybacks and their dismal … Read more
Of immediate concern is how much cash Boeing is burning due to the 737 MAX fiasco and now the coronavirus, and how much cash it can pile up to avoid … Read more
Campus Reform Digital Reporter Eduardo Neret spoke to students at CPAC about their experiences being conservatives on campus
These days, markets forgive and forget anything except the suspension of share buybacks. By Nick Corbishley, for WOLF STREET: Global banking behemoth HSBC’s net profit slumped 53% in 2019, to $5.97 billion, … Read more
Pete Buttigieg Vows to Open up Obamacare to Illegal Immigrants Former Mayor Pete Buttigieg promised an illegal immigrant on Sunday they would have taxpayer-funded health care if he was elected … Read more
by Shaun Richards This week has seen a continuation of what has become quite an incredible story with various messages for our times. So without further ado let me hand … Read more
China's share of global consumption today, relative to its level when SARS hit (via BCA Research) pic.twitter.com/3XR3szxhSq — Mike Bird (@Birdyword) January 30, 2020 This medical journal article is trending … Read more
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