Tag Archives: Heres

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, June 30, 2022 Today’s newsletter is by Jared Blikre, a reporter focused on the markets on Yahoo Finance. Follow him on Twitter @SPYJared. The Nasdaq (^IXIC) and Russell 2000 (^RUT) are having their worst year ever. The Dow Jones Industrial Average (^DJI) is off to its worst start since 1962. And you’d have to travel back to 1970 for a… Source link

As investors digest Kellogg’s (K) decision to split the food conglomerate into three separate companies, the next question on analysts’ minds is, “Who’s next?” The big food breakup “is already underway,” Bank of America analyst Bryan Spillane told Yahoo Finance, citing the divestures and acquisitions of consumer giants ranging from Kraft-Heinz (KHC) to General Mills (GIS). Just last week, Mondelēz (MDLZ) announced an agreement to acquire energy bar maker Clif Bar & Company in a deal worth… Source link

In the wake of the Supreme Court’s decision on Friday to overturn Roe v. Wade, Google’s chief people officer Fiona Cicconi sent a staff-wide email to employees on Friday informing them of Google’s response to the ruling. Among other things, the email states that Googlers that they can “apply for relocation without justification,” and that people in charge of the relocation process “will be aware of the situation” in assessing their requests. The Supreme Court’s ruling does… Source link

Here’s why Warren Buffett bought all the Occidental Petroleum shares he could, even with oil prices well above $100 Warren Buffett kept a lot of cash on hand in recent years. At the end of 2021, the cash pile at his holding company Berkshire Hathaway had grown to a near-record $146.7 billion. That shouldn’t come as a surprise. Buffett is a value investor, after all, and valuations were bloated in the U.S. stock market after significant rallies in 2020 and 2021. “We find little that… Source link

(Bloomberg) — Investors in Colombia are trying to gauge how radical a government led by Gustavo Petro will be when he takes office as president in August. Most Read from Bloomberg The peso and the nation’s bonds are expected to fall Tuesday when markets re-open following a holiday, after Petro won the June 19 presidential election. Some of his plans will be relatively simple to implement, such as firing the management of Colombia’s state oil company. Other proposals, such taxing wealthy… Source link

Google Analytics and Search Console data do not match. The discrepancy creates the impression that the data is inaccurate in some way. The reality is that the data is in fact accurate. The discrepancy exists in what is being tracked and how Google chooses to present it. Google Analytics Versus Search Console Reconciling Google Analytics and Search Console data can be difficult because the numbers don’t really match. The reason is because both services are solving different problems…. Source link

Snap (SNAP) is getting hammered. Shares of the social media/camera company, which were trading as high as $83.11 in September 2021, have since plunged amid rising inflation, the war in Ukraine, and Apple’s privacy changes. Shares of Snap collapsed a stunning 74.5% year-to-date as of Monday, falling to $12 ahead of the close of markets in New York. Snap suggested the pain could continue, warning in a Securities and Exchange Commission filing last month that it will likely fall short of its Q2… Source link

Whether you cut a pie into 10 pieces or 100 pieces, it shouldn’t affect how much the pie is worth. But in the stock market, a stock split — which is essentially cutting shares into smaller pieces — can have some meaningful consequences. According to Bank of America, S&P 500 companies that announced stock splits since 1980 have returned an average of 25.4% over the following 12 months, versus the S&P 500’s average return of 9% over the same period. In fact, the bank says that after a… Source link

Here’s why Warren Buffett bought all the Occidental Petroleum shares he could, even with oil prices shooting past $100 Warren Buffett kept a lot of cash on hand in recent years. At the end of 2021, the cash pile at his holding company Berkshire Hathaway had grown to a near-record $146.7 billion. That shouldn’t come as a surprise. Buffett is a value investor, after all, and valuations were bloated in the U.S. stock market after significant rallies in 2020 and 2021. “We find little that… Source link

Apple’s (AAPL) WWDC developers conference, arguably its biggest event of the year, kicks off next Monday, and it’s expected to bring a slew of changes to the software that powers each of the tech giant’s devices. We’re talking updates to Apple’s iOS, iPadOS, watchOS, and perhaps, the debut of the company’s long-rumored realityOS for VR and AR headsets. Yahoo Finance will be covering WWDC live as it unfolds, but just as with any big Apple event, I’m already getting questions about… Source link