As Silicon Valley faces a tech reckoning, biologists point to the next big opportunity

Posted by & filed under Growth & Valuation, Industry Analysis, Management Issues, Personal Finance.

Description: At one of the world’s largest synthetic biology conferences this week, a food truck handed out papaya and yogurt samples to hundreds of attendees. The papaya wasn’t any ordinary papaya: It was a genetically engineered fruit that Dr. Dennis Gonsalves designed to be naturally resistant to the ringworm virus. Because of his invention, pesticide use dropped… Read more »

Opinion: This explosive discovery about stock and bond returns will shake your views on investing

Posted by & filed under Economic Analysis, Governments & Regulators, Growth & Valuation, Personal Finance.

Description: Stocks and bonds produce similar results over the really long-term, new research shows Source: MarketWatch.com Date: Sep 27, 2019 Link: https://www.marketwatch.com/story/this-explosive-discovery-about-stock-and-bond-returns-will-shake-your-views-on-investing-2019-09-27?mod=mw_theo_homepage Questions for discussion: What does the research say about risk and investments in stocks and bonds? What would you advise investors at this time?

Scandal-plagued Wells Fargo names BNY Mellon’s Charles Scharf as CEO

Posted by & filed under Company Analysis, Governments & Regulators, Growth & Valuation, Industry Analysis, Personal Finance.

Description: Wells Fargo named Charles Scharf, chairman and CEO of Bank of New York Mellon, as its new chief executive officer and president on Friday, effective Oct. 21. Source: CNBC.com – video report Date: Sep 27, 2019 Link: https://www.cnbc.com/2019/09/27/wells-fargo-names-bny-mellons-charles-scharf-as-ceo.html Questions for discussion: What are the problems facing the bank and its new CEO? Do you think Charles… Read more »

Inside the intense world of Birkin bag collectors, who pay up to $500,000 for one bag

Posted by & filed under Company Analysis, Growth & Valuation, Management Issues, Personal Finance.

Description: Would you pay $500,000 … for a bag? In 2019, a diamond-encrusted Birkin handbag made of crocodile, from the French luxury brand Hermes, sold for half a million dollars. The Birkin consistently shatters sales records at auction, selling in the hundreds of thousands of dollars. But experts say the bag cost just $2,000 at… Read more »

Blackberry plunges to 4-year low in first five minutes of trading on earnings miss, outlook cut

Posted by & filed under Company Analysis, Growth & Valuation, Industry Analysis, Management Issues, Personal Finance.

Description: BlackBerry Ltd.’s big earnings miss and lower forward guidance has the shares tumbling more than 20 per cent to a four-year low early Tuesday. Source: FinancialPost.com Date: Sep 24, 2019 Link: https://business.financialpost.com/technology/blackberry-posts-second-quarter-net-loss Questions for discussion: Explain the drop in share value. What would you advise management to do at this time? How should investors… Read more »

A stock-market selloff could spark an economic recession, says BNY Mellon’s Liz Young

Posted by & filed under Economic Analysis, Governments & Regulators, Growth & Valuation, Personal Finance.

Description: Market gains have been driven by macro factors, putting stocks on shaky ground Source: MarketWatch.com Date: Sep 20, 2019 Link: https://www.marketwatch.com/story/a-stock-market-selloff-could-spark-an-economic-recession-says-bny-mellons-liz-young-2019-09-20?mod=mw_theo_homepage Questions for discussion: What are the concerns, as explained in the article? Do you agree with this assessment? What would you advise investors do today?

Roku plunges 17% — here’s why it’s one of the most volatile stocks in tech

Posted by & filed under Company Analysis, Growth & Valuation, Industry Analysis, Personal Finance.

Description: Three times in the past nine trading days, Roku has dropped more than 10% for reasons having nothing to do with what’s happening inside the company. Source: CNBC.com – video report Date: Sep 20, 2019 Link: https://www.cnbc.com/2019/09/20/roku-stock-price-volatility-why.html?__source=iosappshare%7Ccom.apple.UIKit.activity.Mail Questions for discussion: Why has the stock price fluctuated so dramatically in recent trading? What would you advise investors… Read more »

‘Admiral’ Gary Ng looks to expand Canada asset fleet to $50 billion

Posted by & filed under Growth & Valuation, Industry Analysis, Management Issues, Personal Finance.

Description: Gary Ng may not be well-known in Toronto’s financial circles, but he’s amassed an impressive resume: internet millionaire at 16, industrialist in China at 24 and a master at golf soon after. Now at the ripe age of 35, he’s set an ambitious target for his next venture in the money management space, looking… Read more »

Blackstone CEO Steve Schwarzman Says Recession Is ‘Unlikely Now’

Posted by & filed under Economic Analysis, Governments & Regulators, Growth & Valuation, Market Analysis, Personal Finance.

Description: Stephen Schwarzman says he has lived through seven major market declines or recessions in his 50 years working on Wall Street. The CEO of Blackstone Group lists them in his new book What It Takes: 1973, 1975, 1982, 1987, 1990-1992, 2001, 2008-2010. Through all those experiences, he writes that there are “simple rules” for identifying them…. Read more »

Purdue Pharma reaches tentative deal to settle opioid lawsuits

Posted by & filed under Company Analysis, Governments & Regulators, Growth & Valuation, Industry Analysis, Personal Finance.

Description: A tentative settlement announced Wednesday over the role Purdue Pharma played in the nation’s opioid addiction crisis falls short of the far-reaching national settlement the OxyContin maker had been seeking for months. But litigation is sure to continue against the company and the family that owns it. Source: CBS.com – video report Date: Sep 11, 2019… Read more »