1135 days ago
Goodyear Tire & Rubber Co said it would buy Cooper Tire & Rubber Co in a $2.8 billion deal to beef up its portfolio in the high-margin light truck and SUV segments and strengthen its presence in North America and China. Shares of Cooper, which has historically had stronger margins than Goodyear, jumped 20% in morning trade while Goodyear stock was up 3.4%. Source: Yahoo
1135 days ago
The number of research for "stock market bubble" have risen sharply at the end of 2020 and in the beginning of 2021. Notice the small uptick towards the end of the chart.
1135 days ago
Inditex, the Spanish owner of Zara that overtook H&M as the world’s biggest fashion retailer by sales a decade ago, was said to be “better quality company”, and that the Swedish group may is a “bit slower” at returning to its pre-pandemic profit levels as some customers steer clear of its stores. H&M’s shares fell consistently from 2015 to 2018, before largely treading water since then, although they have climbed 50 per cent since their Covid-19 low in March last year. Source: Financial Times
1135 days ago
The US Global Jets ETF price soared by 86% since famous investor Warren Buffett said that Berkshire sold all its airline stocks because of the coronavirus. Seems like clear signs like these are not always a certain way to predict the market.
1137 days ago
This year represented the quickest growth we've seen in technology adoption (especially for online commerce and payments) but small businesses have yet to survive the rest of the pandemic. Will shopify enable more SME success and can it continue its performance in the long run ? Are projections accurate and can investors rely on them considering the uncertainty ? Source: WSJ
