Tag Archives: sales

(Bloomberg) — Apple Inc. is selling bonds to take advantage of cheap borrowing costs, tapping the market for a third time since May as it looks to return more cash to shareholders. The company is issuing debt in six parts, according to a person with knowledge of the matter. The longest portion of the offering, a 40-year security, may yield between 115 and 120 basis points above Treasuries, said the person, who asked not to be identified as the details are private. Until 2020, Apple hadn’t… Source link

McDonald’s (MCD) on Thursday posted a fourth quarter profit that fell short of Wall Street expectations, but the fast food giant got a sales boost from the COVID-19 trends of menu innovation, takeout and mobile ordering. Here’s what the Chicago-based fast-food restaurant posted, compared to Wall Street’s expectations, according to a Bloomberg consensus estimate: Revenue: $5.31 billion versus $5.37 billion expected Adj. earnings per share (EPS): $1.70 versus $1.77 per share expected U.S…. Source link

Bloomberg Hedge-Fund Titans Lose Billions to Reddit Traders Running Amok (Bloomberg) — For once, Main Street is beating Wall Street.In a matter of weeks, two hedge-fund legends — Steve Cohen and Dan Sundheim — have suffered bruising losses as amateur traders banded together to take on some of the world’s most sophisticated investors. In Cohen’s case, he and Ken Griffin ended up rushing to the aid of a third, Gabe Plotkin, whose firm was getting beaten down.Driven by the frenzied trading… Source link

Google disputes Texas’ suit claiming unfair advertising sales practices | The Mighty 790 KFGO | KFGO Skip to Content

Business Google said on Sunday that antitrust claims in a Texas lawsuit were “misleading,” responding in a blog post as state attorneys general plan suits against the Alphabet Inc unit. … Source link

FILE PHOTO: A Google sign is pictured on a Google building in the Manhattan borough of New York City, New York, U.S., October 20, 2020. REUTERS/Carlo Allegri/File Photo NEW YORK (Reuters) – Google said on Sunday that antitrust claims in a Texas lawsuit were “misleading,” responding in a blog post as state attorneys general plan suits against the Alphabet Inc unit. In December, Texas Attorney General Ken Paxton filed a complaint about Google’s advertising technology business, in one of… Source link

Business Wire CareMetx, General Atlantic and The Vistria Group Announce Strategic Growth Partnership CareMetx (or the “Company”), a leading technology-enabled hub services company improving patient access to specialty medications, General Atlantic, a global growth equity firm, and The Vistria Group, a Chicago-based private investment firm, today announced a strategic partnership to further accelerate the Company’s growth. With the transaction, General Atlantic will become the majority owner… Source link

TipRanks 3 Big Dividend Stocks Yielding Over 7%; Raymond James Says ‘Buy’ Wall Street’s investment firms are burning the midnight oil as we approach the end of 2020, publishing their year-end notes and their New Year prognostications, both for investors’ edification. There is the obvious point: we’re in a moment of rising markets, and investor sentiment is riding high now that the election is settled and COVID vaccines have emergency approval and are getting into the distribution… Source link

TipRanks 3 Stocks Flashing Signs of Strong Insider Buying Sometimes, following a leader makes the best investment strategy. And corporate insiders have long been popular leaders to follow. Their combination of responsibility to their stockholders and access to ‘under the hood’ information on their companies gives their personal investment choices an air of authority.The most important thing about these insiders is that whatever else they do, they are expected to shepherd their companies to… Source link

GlobeNewswire SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Qiwi plc – QIWI NEW YORK, Dec. 19, 2020 (GLOBE NEWSWIRE) — Pomerantz LLP is investigating claims on behalf of investors of Qiwi plc (“Qiwi” or the “Company”) (NASDAQ: QIWI).   Such investors are advised to contact Robert S. Willoughby at  newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether Qiwi and certain of its officers and/or directors have engaged… Source link