Shein IPO: China launches security review
From CNBC: China’s Cyberspace Administration is conducting a security review of Shein ahead of its anticipated U.S. IPO. The review
Category: Business
Carlisle Companies Incorporated (NYSE:CSL) Given Average Rating of “Moderate Buy” by Analysts
From MarketBeat: Shares of Carlisle Companies Incorporated have earned an average recommendation of “Moderate Buy” from the seven ratings firms
Sheryl Sandberg is leaving Meta’s board, cutting her last tie after joining in 2008 as Mark Zuckerberg’s chief lieutenant
From Fortune: Sheryl Sandberg, Meta director and former COO, will step down from the board by May 2024. Sandberg will
Boehringer Ingelheim, Terns, Viking may join market
From CNBC: Wegovy, an injectable prescription weight loss medicine, is booming. Expected demand for all weight loss medications in the
The Importance of Time, and Other Lessons I’ve…
From Morningstar: – The author reflects on her time at Morningstar and the concept of time in investing. She joined
H.B. Fuller (NYSE:FUL) Issues FY24 Earnings Guidance
From MarketBeat: H.B. Fuller (NYSE: FUL) announced an update on its FY24 earnings guidance, predicting earnings per share (EPS) of
Burger King splashes out $1 billion for its largest franchisee in an attempt to ‘Reclaim the Flame’ after lagging during COVID
From Fortune Magazine: -Burger King’s parent company, RBI, recently spent a significant $1 billion to acquire its largest franchisee, Carrols
Failed JetBlue buyout leaves Spirit Airlines with a tough path ahead
From CNBC: A federal judge blocks JetBlue Airways’ proposed $3.8 billion takeover of Spirit Airlines. The decision caused Spirit’s shares
Equities Haven’t Always Beaten Bonds. Should I Care?
From Morningstar: Recently, long-term total return on equities appeared certain. Since 1871, US stocks outgained inflation by an annualized 6.9%.
37,000 Shares in A-Mark Precious Metals, Inc. (NASDAQ:AMRK) Purchased by Yacktman Asset Management LP
From MarketBeat: Yacktman Asset Management LP has acquired 37,000 shares of A-Mark Precious Metals, Inc. worth $1,085,000, representing 0.16% of
Workplace wellness benefits don’t help. Here’s what does
From Fortune: Workplaces are investing in virtual therapy, mindfulness programs, and other well-being initiatives in hopes of a happier and
January homebuilder sentiment improves, following mortgage rate drop
From CNBC: Homebuilder sentiment improved in January, jumping 7 points to 44 on the National Association of Home Builders monthly
From Embers to Algorithms: How DigitalPath’s AI is Revolutionizing Wildfire Detection
From Nvidia: DigitalPath is using computer vision and thousands of cameras to detect signs of fire in real time as
Why Have Bonds Been So Volatile?
From Morningstar: In 2023, the bond market broke a two-year losing streak, but it was a white-knuckle ride for investors
Wipro (NYSE:WIT) Research Coverage Started at BNP Paribas
From MarketBeat: Equities research analysts at BNP Paribas rated Wipro as “underperform” with a price target of $5.20, indicating a
Bank overdraft fees could drop to $3 under new Biden proposal: ‘Banks call it a service—I call it exploitation’
From Fortune: The White House is considering dropping the cost to overdraw a bank account to $3. This change would
Flight disruptions linger amid winter storms, Max 9 grounding
From CNBC: Over 320 flights canceled due to winter storm at Denver International Airport. More than 2,000 U.S. flights canceled
UK Inflation Data Puts Early Rate Cuts in Doubt
From Morningstar: UK consumer prices unexpectedly rose by 4.0% in December, an increase from 3.9% in November. The reading was
Independent Advisor Alliance Cuts Holdings in Amazon.com, Inc. (NASDAQ:AMZN)
From MarketBeat: Independent Advisor Alliance decreased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 1.5% in the third quarter, selling 8,139
SEC postpones trial of Terraform Labs’ Do Kwon to allow for extradition from Montenegro
From Fortune Magazine: The SEC has agreed to delay Do Kwon’s trial until April to allow for his extradition to
Boeing 737 Max 9 review gets independent advisor
From CNBC: Boeing appoints retired Admiral Kirkland Donald as special advisor. Donald to lead review of company’s quality management system
ASML (ASML) Scheduled to Post Quarterly Earnings on Wednesday
From MarketBeat: ASML will announce its earnings results before the market opens on Wednesday, January 24th. Analysts expect the company
The future of retail is the intersection of digitalization and sustainability
From Fortune Media: Retailers worldwide are challenged by digitalization and sustainability. Real-time data on customer behavior, supply-chain management, and store
Classic car auction site Bring a Trailer sales hit record $1.4 billion
From CNBC: Bring a Trailer, the online auction site for collectible cars, had record sales in 2023 despite a decline
Naysayers Were Wrong About 60/40 Portfolios –…
From Morningstar: The 60/40 portfolio faced its worst performance since the global financial crisis in 2008 due to the dual