Pavel Byrkin/iStock Editorial via Getty Images Yandex N.V. (NASDAQ:YNDX) is a dangerous situation for investors. The company is caught in a complex geopolitical situation, with 92% of its customers, advertisers, and users in Russia. This also includes large Russian corporations that may be liable for additional sanctions. The company’s stock is currently not being traded on the NASDAQ, and its trading has been halted on the exchange since February 28. In a press release, NASDAQ said it is… Source link
Read More »Why the U.S. fears Russia’s potential use of chemical or biological weapons in Ukraine
As Russia’s invasion of Ukraine passes its third week, the U.S. is carefully watching for any possible decision from Moscow on the use of chemical or biological weapons in Ukraine. Washington has accused Russia of falsely claiming that the U.S. is working with Ukraine to develop a chemical and biological weapons program. “Russia has a track record of accusing the West of the very crimes that Russia itself is perpetrating,” State Department spokesperson Ned Price said in a statement on… Source link
Read More »Russia’s Yandex lacks funds to cover potential bond redemption
MOSCOW, March 4 (Reuters) – Russian internet giant Yandex on Friday warned that a trading suspension on its Nasdaq-listed shares could trigger a redemption right on a convertible bond that it does not have the resources to cover. Unprecedented Western sanctions over Moscow’s invasion of Ukraine have hammered Russia’s financial system and investors have dumped Russian assets from the rouble to bonds and stocks. Yandex said that a suspension of trading of its Class A shares on Nasdaq of more… Source link
Read More »2 ‘Strong Buy’ Stocks Under $10 With Over 100% Upside Potential
Small-capitalization stocks have been hit particularly hard over the past months. A look at the Russell 2000, the leading index of small caps, tells the story. The Russell last hit a record high back in November of last year, and it’s gone mostly downhill from there — falling 20%. But low prices now could translate into investor opportunities later on. In fact, Jefferies strategist Steven DeSanctis believes that the small caps are in a “bottoming out process.” DeSanctis argues that… Source link
Read More »USD 189.70 Billion Potential Growth in Cyber Security market
NEW YORK, Jan. 29, 2022 /PRNewswire/ — The latest market outlook report titled “Cyber Security Market by Deployment, End-user and Geography – Forecast and Analysis 2021-2025” has been added to Technavio’s catalog. This recent market analysis report identifies the market to witness a potential growth difference of USD 189.70 billion from 2020 to 2025. The cyber security market is anticipated to record an accelerating growth momentum at a CAGR of 14.97% during this period. Attractive… Source link
Read More »Transgender swimmer Lia Thomas has support of potential rival
Brava, Brooke Forde. Brava. The Olympic swimmer and Stanford grad student is taking a beautifully human stance when it comes to transgender swimmer Lia Thomas. For background: Thomas is a senior swimmer at the University of Pennsylvania; during her time in college, she came out and has transitioned from male to female. Current NCAA rules require that she undergo testosterone suppression for at least one year, and at this point, she has been doing it for well over two years. Before her… Source link
Read More »Bank of America says 5G ‘comes alive’ in 2022 — it sees big upside potential for 3 smaller-name stocks that could give you a piece in a pivotal year
Bank of America says 5G ‘comes alive’ in 2022 — it sees big upside potential for 3 smaller-name stocks that could give you a piece in a pivotal year 2021 turned out to be a great year for many 5G stocks. But according to Bank of America, 2022 could be even better. “This is the year 5G comes alive,” says the bank’s Global Research team. Bank of America points out that wireless carriers like Verizon, AT&T and T-Mobile plan to spend tens of billions of dollars on 5G deployment in the… Source link
Read More »Potential DOJ suits against Apple and Google delayed amid budget woes
Another major concern for the department is the likely expense of a court battle with the two companies, each of which has a market value exceeding $1 trillion. That issue became more fraught this week when Sen. Joe Manchin (D-W.Va.) torpedoed Democrats’ Build Back Better package, which would have given DOJ a $500 million boost for antitrust enforcement. Senate Democrats vow to hold a vote on the $1.7 trillion bill anyway in January. The department could also get extra cash in other… Source link
Read More »We’re preparing for ‘a potential perfect storm’ with Omicron and winter
The news of a new COVID variant Omicron comes at a time where the U.S. is heading into the winter, adding a dose of uncertainty at a time when cases, hospitalizations, and deaths are rising as people increasingly gather indoors. “The winter months already were a time that we were expecting to have some surge, just by the nature of people going indoors, the cold dry air, which makes it more easily transmissible with viruses,” Dr. Elizabeth Clayborne, an emergency physician at UM Capital… Source link
Read More »SAM ALERT – Nationally Ranked Shareholder Rights Firm Labaton Sucharow is Investigating The Boston Beer Company, Inc. (NYSE:SAM) for Potential Securities Violations and Breach of Fiduciary Duty
NEW YORK, NY / ACCESSWIRE / October 13, 2021 / Labaton Sucharow, a nationally ranked and award-winning shareholder rights firm, is investigating potential securities violations and breach of fiduciary duty claims against The Boston Beer Company, Inc. (“Boston Beer” or the “Company”) (NYSE:SAM). On September 8, 2021, after the market closed, Boston Beer announced that it was withdrawing its 2021 financial guidance issued on July 22, 2021 as a result of a decrease in demand for its hard seltzer… Source link
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