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Branson’s ‘space’ stock is the latest sign of market euphoria

Brett Arends
Branson’s ‘space’ stock is the latest sign of market euphoria

Few things say Growth Stock Boom on Wall Street as much as “space ships,” “Sir Richard Branson” and “$100 million in forecast losses.” Let alone all three together. The colorful British tycoon is bringing his space travel venture Virgin Galactic to the stock market in a complex $2 billion merger with a so-called “blank check” public company. Stock in the listing vehicle, called Social Capital Hedosophia (IPOA) jumped 26 cents, or 2.9%, to $10.69 after the announcement on Tuesday.

  • Introducing Superdry (LON:SDRY), The Stock That Tanked 75%
    Business
    Simply Wall St.

    Introducing Superdry (LON:SDRY), The Stock That Tanked 75%

    There will continue to be wide discrepancies between price and value in the marketplace...' By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. Superdry saw its share price decline over the three years in which its EPS also dropped, falling to a loss.

  • Business
    Thomson Reuters StreetEvents

    Edited Transcript of TOO earnings conference call or presentation 31-Jul-19 4:00pm GMT

    Teekay Offshore Partners L.P. - President & CEO of Teekay Offshore Group Ltd * Jan Rune Steinsland Teekay Offshore Partners L.P. - CFO of Teekay Offshore Group Ltd.

  • Business
    Thomson Reuters StreetEvents

    Edited Transcript of QUMU earnings conference call or presentation 30-Jul-19 8:30pm GMT

    Vernon J. Hanzlik, Qumu Corporation - President, CEO & Director [3] Thank you, Dave, and welcome, everybody. I'd like to open with a few comments and then hand the call back to Dave for more details on the numbers.

  • 'Bombshell' trailer shows how Roger Ailes saga unfolds
    News
    American City Business Journals

    'Bombshell' trailer shows how Roger Ailes saga unfolds

    A trailer for "Bombshell," which details the scandal that brought down Fox News' Roger Ailes, was released Wednesday. Starring Charlize Theron, Nicole Kidman and Margot Robbie, "Bombshell" re-creates the events in which Ailes, accused in a lawsuit of sexual misconduct, ultimately left the network as an internal investigation unfolded, according to Vanity Fair. It's pretty hard to recognize the actors behind the characters of Megyn Kelly and Gretchen Carlson.

  • Boeing Rises on 737 MAX Production Ramp-Up News
    Business
    Market Realist

    Boeing Rises on 737 MAX Production Ramp-Up News

    Boeing (BA) stock closed 4.2% higher yesterday on news of its production ramp-up plan for its troubled 737 MAX planes. Boeing plans to increase MAX production Citing three anonymous sources, Reuters broke the news yesterday morning that Boeing intends to increase its monthly MAX output by five units to 47 jets. After that, Boeing wants to reach the March 2019 production level of 52 units per month in February 2020.

  • With Homebuilding Stocks Improving, Housing Market ETF Nears Buy Point
    Business
    Investor's Business Daily

    With Homebuilding Stocks Improving, Housing Market ETF Nears Buy Point

    IBD's homebuilders industry group has quietly rallied to the top 10, making SPDR S&P Homebuilders an interesting choice for investors seeking exposure to the housing market. While housing market data remains mixed, homebuilding stocks have been improving. D.R. Horton, the ETF's second-largest holding, is extended from a breakout past a 47.12 buy point that followed positive Q2 results on July 30. Taylor Morrison and M/I Homes also are extended from breakouts that occurred since their most recent earnings reports.

  • Does NVIDIA Stock Have Upside Potential?
    Business
    Market Realist

    Does NVIDIA Stock Have Upside Potential?

    Based on NVIDIA's closing price on Thursday, the company has reported returns of 15.3% in the last five trading days, 0.1% in the trailing one-month period, and -34.8% in the trailing 12-month period. The company has reported returns of 28.5% since the beginning of 2019. During the trading session on Thursday, NVIDIA stock closed near its upper Bollinger Band level of $180.21.

  • How Many DSP Group, Inc. (NASDAQ:DSPG) Shares Do Institutions Own?
    Business
    Simply Wall St.

    How Many DSP Group, Inc. (NASDAQ:DSPG) Shares Do Institutions Own?

    Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. Companies that used to be publicly owned tend to have lower insider ownership. With a market capitalization of US$326m, DSP Group is a small cap stock, so it might not be well known by many institutional investors.

  • Man Charged in Death of Detroit Girl Attacked by Three Dogs
    U.S.
    Meredith Videos

    Man Charged in Death of Detroit Girl Attacked by Three Dogs

    A man was charged Thursday in the death of a 9-year-old Detroit girl, who was mauled by three dogs despite rescue efforts by neighbors, her father and emergency workers.

  • Is It Smart To Buy Hong Kong Exchanges and Clearing Limited (HKG:388) Before It Goes Ex-Dividend?
    Business
    Simply Wall St.

    Is It Smart To Buy Hong Kong Exchanges and Clearing Limited (HKG:388) Before It Goes Ex-Dividend?

    Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that Hong Kong Exchanges and Clearing Limited (HKG:388) is about to go ex-dividend in just 4 days. Hong Kong Exchanges and Clearing's upcoming dividend is HK$3.72 a share, following on from the last 12 months, when the company distributed a total of HK$6.71 per share to shareholders. Based on the last year's worth of payments, Hong Kong Exchanges and Clearing stock has a trailing yield of around 2.7% on the current share price of HK$251.6.

  • 3 Pot Stocks With a Huge International Presence
    Business
    Motley Fool

    3 Pot Stocks With a Huge International Presence

    The marijuana industry is budding before Wall Street's and investor's eyes, and it's no surprise that North America is in full focus. To our north, Canada is preparing for marijuana legalization 2.0. Having already legalized and launched recreational cannabis sales on Oct. 17, 2018, Health Canada plans to begin enforcing derivative pot product regulations on Oct. 17, 2019, with actual product, such as edibles, concentrates, beverages, vapes, and topicals, set to hit dispensary shelves by mid-December.

  • What the Departure of CEO Dion Weisler Means for HP
    Business
    Bloomberg

    What the Departure of CEO Dion Weisler Means for HP

    Dan Morgan, Synovus Trust senior portfolio manager, and Bloomberg's Ian King react to the departure of HP Inc. Chief Executive Officer Dion Weisler and discuss what it means for the future of the company. They speak with Bloomberg's Emily Chang on "Bloomberg Technology."

  • A Look At The Intrinsic Value Of Mirati Therapeutics, Inc. (NASDAQ:MRTX)
    Business
    Simply Wall St.

    A Look At The Intrinsic Value Of Mirati Therapeutics, Inc. (NASDAQ:MRTX)

    Today we will run through one way of estimating the intrinsic value of Mirati Therapeutics, Inc. (NASDAQ:MRTX) by taking the foreast future cash flows of the company and discounting them back to today's value. Remember though, that there are many ways to estimate a company's value, and a DCF is just one method. If you want to learn more about discounted cash flow, the rationale behind this calculation can be read in detail in the Simply Wall St analysis model.

  • Is Wheaton Precious Metals (TSE:WPM) A Risky Investment?
    Business
    Simply Wall St.

    Is Wheaton Precious Metals (TSE:WPM) A Risky Investment?

    As with many other companies Wheaton Precious Metals Corp. (TSE:WPM) makes use of debt. The first step when considering a company's debt levels is to consider its cash and debt together. As you can see below, at the end of June 2019, Wheaton Precious Metals had US$1.10b of debt, up from US$956.5m a year ago.

  • Here's Why Fannie Mae and Freddie Mac Stocks Are Rising Today
    Business
    Motley Fool

    Here's Why Fannie Mae and Freddie Mac Stocks Are Rising Today

    On Wednesday afternoon, it was reported that the U.S. Treasury Department is getting close to releasing its plan to reform Fannie Mae (NASDAQOTH: FNMA) and Freddie Mac (NASDAQOTH: FMCC). To say that Fannie and Freddie's investors have been waiting a long time for some clarity on the future would be a major understatement. Since being rescued by the government in the wake of the financial crisis, all profits of the two agencies have been swept away by the Treasury.

  • Better Buy: Shopify vs. Amazon
    Business
    Motley Fool

    Better Buy: Shopify vs. Amazon

    Shopify (NYSE: SHOP) isn't a household name to most consumers, but its seamless platform is arming more than 800,000 merchants with the ability to be a click away from any potential customer with an online connection. Amazon is everywhere, and the amazing thing about the leading online retailer is how quickly it's growing for a company with its girth. Amazon's $252.1 billion in trailing revenue is 21% higher than it was at this point last summer, making it surprisingly fleet-footed for one of only three publicly traded companies commanding a market cap north of $900 million.

  • Here’s why Sogou Inc.’s (NYSE:SOGO) Returns On Capital Matters So Much
    Business
    Simply Wall St.

    Here’s why Sogou Inc.’s (NYSE:SOGO) Returns On Capital Matters So Much

    Today we'll look at Sogou Inc. (NYSE:SOGO) and reflect on its potential as an investment. In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. First up, we'll look at what ROCE is and how we calculate it.

  • Six Billion-Dollar Companies Are Now Penny Stocks; Hope You Sold
    Business
    Investor's Business Daily

    Six Billion-Dollar Companies Are Now Penny Stocks; Hope You Sold

    Six members of the Standard & Poor's Total Market index and the S&P 500 commanded $1 billion or greater market values when this decade began — only to become penny stocks now. This is based on an Investor's Business Daily analysis of data from Marketsmith and S&P Global Market Intelligence. Suffering these kinds of losses is all the more painful given the powerful run the S&P 500 is on.

  • Slack Stock Upgraded -- Twice! Here's What You Need to Know
    Business
    Motley Fool

    Slack Stock Upgraded -- Twice! Here's What You Need to Know

    Both bankers expect shares to trade higher -- if not immediately after earnings, then at least within a year -- with Stephens assigning the stock an overweight rating and a $43 price target, and MKM giving a straightforward buy rating and a price target of $40, according to TheFly.com. Why the sudden enthusiasm for Slack and its steadily declining stock? MKM explains, in this note carried on CNBC: Slack has evolved into a central repository of information around key corporate workflows such as sales, customer service, hiring and recruiting, accounting and expense management, employee benefits and payroll, and many other functions core to any organization.

  • Skyworks Solutions, Inc. (NASDAQ:SWKS) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
    Business
    Simply Wall St.

    Skyworks Solutions, Inc. (NASDAQ:SWKS) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

    That said, even highly profitable companies sometimes might not generate enough cash to pay the dividend, which is why we should always check if the dividend is covered by cash flow. Fortunately, it paid out only 37% of its free cash flow in the past year. It's positive to see that Skyworks Solutions's dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut.

  • 3 of the Most De-Risked Cannabis Stocks
    Business
    Motley Fool

    3 of the Most De-Risked Cannabis Stocks

    It should come as no surprise that one of the most popular investment categories over the past couple of years has been marijuana stocks. With Canada giving the green light to recreational pot in October 2018, and two-thirds of all U.S. states legalizing medical marijuana, the outlook for cannabis stocks continues to point higher. While marijuana stocks were mostly unstoppable through the end of the first quarter, they've been nothing short of a disaster since then.

  • Is Cracker Barrel Old Country Store (NASDAQ:CBRL) Using Too Much Debt?
    Business
    Simply Wall St.

    Is Cracker Barrel Old Country Store (NASDAQ:CBRL) Using Too Much Debt?

    The first thing to do when considering how much debt a business uses is to look at its cash and debt together. What Is Cracker Barrel Old Country Store's Debt? The chart below, which you can click on for greater detail, shows that Cracker Barrel Old Country Store had US$401.7m in debt in May 2019; about the same as the year before.

  • The Qudian (NYSE:QD) Share Price Has Gained 27% And Shareholders Are Hoping For More
    Business
    Simply Wall St.

    The Qudian (NYSE:QD) Share Price Has Gained 27% And Shareholders Are Hoping For More

    One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. Qudian was able to grow EPS by 33% in the last twelve months. This EPS growth is significantly higher than the 27% increase in the share price.

  • Does Nucor (NYSE:NUE) Have A Healthy Balance Sheet?
    Business
    Simply Wall St.

    Does Nucor (NYSE:NUE) Have A Healthy Balance Sheet?

    Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's balance sheet when you examine how risky it is, since debt is often involved when a business collapses. As with many other companies Nucor Corporation (NYSE:NUE) makes use of debt. Ultimately, if the company can't fulfill its legal obligations to repay debt, shareholders could walk away with nothing.

  • Did Changing Sentiment Drive Fortuna Silver Mines's (TSE:FVI) Share Price Down A Worrying 51%?
    Business
    Simply Wall St.

    Did Changing Sentiment Drive Fortuna Silver Mines's (TSE:FVI) Share Price Down A Worrying 51%?

    Fortuna Silver Mines Inc. (TSE:FVI) shareholders will doubtless be very grateful to see the share price up 48% in the last quarter. Tragically, the share price declined 51% in that time. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price.