Description: Capital keeps marching out of Canada’s oil industry, with Kinder Morgan Inc.’s sale of its remaining holdings in the country on Wednesday adding to more than $30 billion of foreign-company divestitures in the past three years. Source: Bloomberg.com Date: Aug 21, 2019 Link: https://www.bloomberg.com/news/articles/2019-08-21/the-30-billion-exodus-foreign-oil-firms-are-bailing-on-canada?srnd=premium-canada Questions for discussion: What is happening in the Canadian oil… Read more »
Posts Categorized: Industry Analysis
US crude plunges 2.9%, settling at $63.30, after Trump says he told OPEC to tame fuel costs
Description: Oil prices tumbled as much as 4% on Friday, extending early losses after President Donald Trump said he told OPEC to take action to temper fuel costs. Source: CNBC.com – video report Date: Apr 26, 2019 Link: https://www.cnbc.com/2019/04/26/oil-market-opec-output-rises-us-sanctions-on-iranian-oil-in-focus.html Questions for discussion: Why did oil prices pull back, according to the report? Explain oil prices and their effect… Read more »
Uber IPO: 5 things you need to know about potentially the biggest IPO in years
Description: Ride-hailing startup will report some nontraditional metrics as it seeks to provide information on much more than ride hailing Source: MarketWatch.com – video report Date: Apr 26, 2019 Link: https://www.marketwatch.com/story/uber-ipo-5-things-you-need-to-know-about-potentially-the-biggest-ipo-in-years-2019-04-12?mod=mw_theo_homepage Questions for discussion: Summarize the assessments made about Uber’s IPO. Do you agree?
Qualcomm stock surges on Apple legal settlement
Description: Apple and Qualcomm have settled their royalty dispute, the companies announced in a press release. The settlement includes a payment from Apple to Qualcomm as well as a chipset supply agreement, suggesting that Apple will buy Qualcomm chips for future iPhones. The companies did not say how much the payment will be. Source: CNBC.com – video report Date:… Read more »
Netflix looks like Amazon in its early years ahead of its earnings, market watcher says
Description: Netflix is set to report earnings after the bell Tuesday. BK Asset Management’s Boris Schlossberg says investors only care about one thing and it has him seeing flashbacks to Amazon’s early years. Source: CNBC.com – video report Date: Apr 16, 2019 Link: https://www.cnbc.com/2019/04/16/netflix-looks-like-amazon-in-its-early-years-ahead-of-its-earnings-market-watcher-says.html Questions for discussion: Summarize the assessments made about Netflix and why it is reminiscent of Amazon,… Read more »
Why No One Wants to Invest in Currency Hedge Funds Anymore
Description: Currency-only hedge funds were once a hot corner of the investment world. From 2000 to 2008 the tally of currency funds tracked by the BarclayHedge Currency Traders Index almost tripled, to 145. Now they’re looking more like an endangered species, with just 49 in operation. Source: Bloomberg.com Date: Apr 16, 2019 Link: https://www.bloomberg.com/news/articles/2019-04-16/why-no-one-wants-to-invest-in-currency-hedge-funds-anymore?srnd=businessweek-v2 Questions… Read more »
Disney’s $6.99-per-month streaming immediately makes it a value winner over Netflix for families
Description: For Disney, the price is the story. Disney announced pricing for its new streaming service on Thursday, and it’s surprisingly low: $6.99 per month and $69.99 annually (or $5.83 per month). The service won’t include any advertisements. Source: CNBC.com – video report Date: Apr 12, 2019 Link: https://www.cnbc.com/2019/04/12/disneys-6point99-per-month-price-immediately-makes-it-a-value-winner.html Questions for discussion: Why is pricing so critical in… Read more »
What a Deutsche Bank Merger Could Mean for Germany
Description: A deal with Commerzbank could be a solution, but it could also make things a lot messier. Source: Bloomberg.com Date: Apr 12, 2019 Link: https://www.bloomberg.com/news/features/2019-04-12/what-a-deutsche-bank-merger-could-mean-for-germany?srnd=businessweek-v2 Questions for discussion: What is driving the merger? Do you think it is the solution?
These stocks are seen as a good bet when interest rates fall
Description: The Federal Reserve’s policy reversal on interest rates has driven benchmark yields to the lowest levels in more than a year. For stock investors, the falling rates environment is now favoring one particular sector: consumer staples. Source: CNBC.com – video report Date: Mar 27, 2019 Link: https://www.cnbc.com/2019/03/27/these-stocks-are-seen-as-a-good-bet-when-interest-rates-fall.html Questions for discussion: Why are consumer staples favored… Read more »
Google Fined $1.7 Billion by E.U. for Unfair Advertising Rules
Description: LONDON — European authorities on Wednesday fined Google 1.5 billion euros for antitrust violations in the online advertising market, continuing its efforts to rein in the world’s biggest technology companies. Source: NYTimes.com Date: Mar 20, 2019 Link: https://www.nytimes.com/2019/03/20/business/google-fine-advertising.html Questions for discussion: What are the reasons given for the fines? From a profitability point of… Read more »
