Tag Archives: Companies

In the midst of 2021’s soaring tech IPO and SPAC market, there was one former Wall Street analyst telling anyone who would listen that something was wrong. David Trainer, the founder and CEO of research firm New Constructs, was focused on the fundamentals of the businesses behind the record valuations, and what he saw wasn’t promising. Trainer warned investors in 2021 that many high-flying tech stocks and IPOs at the time were trading at “tech bubble” levels. And even worse, some were… Source link

Warren Buffett’s portfolio is full of buyback opportunities which he calls ‘the best use of cash’. Here are 3 companies with the biggest hidden dividend potential The fact that the world’s most famous investor, Warren Buffett, appreciates shareholder rewards shouldn’t be surprising. After all, a sizable and predictable return is the whole point of investing. Buffett takes this philosophy seriously and seeks out companies with the most generous shareholder rewards program. All five of his… Source link

Tobacco companies will be forced to reduce nicotine in cigarettes sold in the U.S. to nonaddictive, or minimally addictive, levels, if the Biden administration has its way. The policy could be announced as early as this coming week, The Wall Street Journal reported Friday. But it likely won’t take effect for several years. The U.S. Food and Drug administration would have to draft a proposed rule and open it for public comment. After it published the rule, tobacco companies could sue, delaying… Source link

A baby formula shortage gripping the U.S. since March has parents in a panic over where and when they’ll be able to find the products they need to feed their kids. The out-of-stock rate, representing the amount of formula that’s not in stock compared to what’s typically available, was 43% for the week ending May 8, according to Datasembly, a provider of real-time product data for retailers and consumer packaged goods (CPG) brands. With no easy end in sight, caregivers nationwide have… Source link

The Biden administration announced Monday that 20 leading internet service providers have agreed to offer basic low cost plans that will be free for millions of Americans after a refund. The 20 companies, including AT&T (T), Comcast (CMCSA), and Verizon (VZ), cover more than 80% of the U.S. population. They will immediately provide at least one plan that costs no more than $30 a month and provides download speeds of at least 100 mbps. The White House says that 40% of the U.S. population, about… Source link

Finnish electricity companies are refusing to sign electricity contracts with Russian search engine Yandex, which has a data centre near Helsinki, due to suspicions it may be distributing war propaganda. The data centre, which has been operational since 2015, is located in the town of Mäntsälä, some 50 kilometres north of Helsinki. It is the only one located in the west, as the others are situated in Russia.  Since 2015, its waste heat contributed to around 75% of the… Source link

U.S. businesses can now get up to 500 Google Career Certificate scholarships for free via Coursera, as part of Grow with Google. What are Google Career Certificates? Google launched career certificates in 2018 and describes them as “rigorous, online programs with hands-on experience that can be completed as part-time study, 5-10 hours a week for 3-6 months.”  More than 70,000 people have graduated in the U.S. and 75% reported a positive career impact (e.g., a new job, higher pay, a… Source link

Berkshire Hathaway (BRK-A, BRK-B) kicks off its first in-person shareholder since 2019, bringing droves of investors to downtown Omaha, and one longtime investor explained why shareholders are so dedicated to the company. Despite Warren Buffett and Charlie Munger’s prominence as spokespeople of the company, it isn’t just about them, Garner Russo Managing Member Tom Russo told Yahoo Finance Live (video above). “What sets Berkshire apart from other companies,” Russo said, “is that the culture is… Source link

The demise of CNN+ has led to further questions about the role of cable companies in the streaming era. The soon-to-vanish platform, once hailed as one of the most significant launches in the legacy media business, will shut down on April 30 — just one month after its launch. The news arrived shortly after David Zaslav’s takeover, with the newly formed Warner Bros. Discovery (WBD) making it abundantly clear that the venture’s reported four-year budget of $1 billion was not worth the cost. So… Source link

Just days after millions of Americans rushed to file their taxes, a new report has revealed just how adept many of the country’s biggest companies remain at avoiding taxes. Nineteen companies among the Fortune 100 paid a rate of less than 10% on their profits when it came to their 2021 federal income taxes. And four of those companies even managed a negative rate — meaning they will effectively enjoy a refund from the federal government, according to a new analysis from the left-leaning… Source link