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Hong Kong Airport Suspends Flights; Protesters Call for CEO Lam's Resignation

Hong Kong's International Airport suspended all outgoing flights for a second consecutive day Tuesday as pro-democracy protesters continued to occupy the world's busiest cargo terminal amid calls for the China-controlled territory's CEO to resign.

  • Advance Auto Parts, Inc. (NYSE:AAP): Should The Recent Earnings Drop Worry You?
    Business
    Simply Wall St.

    Advance Auto Parts, Inc. (NYSE:AAP): Should The Recent Earnings Drop Worry You?

    Examining Advance Auto Parts, Inc.'s (NYSE:AAP) past track record of performance is a useful exercise for investors. It allows us to reflect on whether the company has met or exceed expectations, which is a powerful signal for future performance. Below, I will assess AAP's latest performance announced on 13 July 2019 and weight these figures against its longer term trend and industry movements.

  • Finance
    American City Business Journals

    Lennar pursues plans for 651 homes in Miami-Dade County

    Lennar Corp. plans to build 651 homes in the Princeton area of south Miami-Dade County, where it has 88 acres under contract. The Miami-based homebuilder (NYSE: LEN) filed a pre-application with county officials for the property spanning Southwest 238th Street to Southwest 248th Street and from Southwest 117th Avenue to Southwest 120th Avenue.

  • Do Institutions Own Avantor, Inc. (NYSE:AVTR) Shares?
    Business
    Simply Wall St.

    Do Institutions Own Avantor, Inc. (NYSE:AVTR) Shares?

    A look at the shareholders of Avantor, Inc. (NYSE:AVTR) can tell us which group is most powerful. Generally speaking, as a company grows, institutions will increase their ownership. Companies that have been privatized tend to have low insider ownership.

  • Read This Before Selling Maiden Holdings, Ltd. (NASDAQ:MHLD) Shares
    Business
    Simply Wall St.

    Read This Before Selling Maiden Holdings, Ltd. (NASDAQ:MHLD) Shares

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The flip side of that is that there are more than a few examples of insiders dumping stock prior to a period of weak performance. Insider transactions are not the most important thing when it comes to long-term investing.

  • Business
    Thomson Reuters StreetEvents

    Edited Transcript of EMAN earnings conference call or presentation 13-Aug-19 1:00pm GMT

    Q2 2019 eMagin Corp Earnings Call

  • 5 Important Takeaways From iQiyi's Q2 Earnings Report
    Business
    Motley Fool

    5 Important Takeaways From iQiyi's Q2 Earnings Report

    Revenue speed bumps iQiyi reported revenue that reached 7.1 billion yuan ($1 billion), up 15% from the prior-year quarter. The performance was near the midpoint of management's forecast range of 6.91 billion and 7.29 billion yuan and slightly below analysts' consensus estimates of $1.02 billion. It was also a far cry from the 51% growth the company generated in the year-ago quarter.

  • 3 Warren Buffett Stocks to Buy Right Now
    Business
    Motley Fool

    3 Warren Buffett Stocks to Buy Right Now

    With that in mind, here's why investors might want to take a look at Wells Fargo (NYSE: WFC), Teva Pharmaceutical Industries (NYSE: TEVA), and one other stock that is perhaps the best value of all... A solid bank at a fire-sale valuation Wells Fargo has underperformed the rest of the financial sector over the past few years, and for good reason. The bank's "fake accounts" and other various scandals have hurt the bank's reputation and the Federal Reserve penalty that prohibits the bank from growing remains in effect.

  • Disney inflated revenue for years, whistleblower claims
    Business
    Yahoo Finance Video

    Disney inflated revenue for years, whistleblower claims

    Sandra Kuba, a former senior financial analyst who worked at the Walt Disney Company for 18 years, filed a series of whistleblower tips with the SEC, claiming Disney overstated its revenue for years. She's alleging that employees working in the parks-and-resorts business segment were able to systematically overstate revenue by billions of dollars by exploiting weaknesses in the company's accounting software.

  • Could Baidu Stock Begin Climbing Now?
    Business
    Market Realist

    Could Baidu Stock Begin Climbing Now?

    Baidu (BIDU) has been one of the weakest major Chinese technology stocks this year. Whereas Baidu had fallen 34% year-to-date as of August 19, Alibaba (BABA) had risen 30% and JD.com (JD) had risen 51%. Event Tencent Music Entertainment, which separated from Tencent and went public last December, has fared better than Baidu.

  • Some TrovaGene (NASDAQ:TROV) Shareholders Have Copped A 99% Share Price Wipe Out
    Business
    Simply Wall St.

    Some TrovaGene (NASDAQ:TROV) Shareholders Have Copped A 99% Share Price Wipe Out

    TrovaGene, Inc. (NASDAQ:TROV) shareholders are doubtless heartened to see the share price bounce 80% in just one week. To wit, the share price sky-dived 99% in that time. With just US$466,619 worth of revenue in twelve months, we don't think the market considers TrovaGene to have proven its business plan.

  • Trump Lashes Out Against Automakers Cool to Plan
    Politics
    Bloomberg

    Trump Lashes Out Against Automakers Cool to Plan

    President Donald Trump lashed out at “politically correct” automobile manufacturers who've pushed back on his administration's plan to weaken fuel-efficiency requirements. My proposal to the politically correct Automobile Companies would lower the average price of a car to consumers by more than $3000, while at the same time making the cars substantially safer,” Trump said in a Tweet Wednesday. Engines would run smoother.

  • Will Boeing MAX Deliveries Resume in Q4?
    Business
    Market Realist

    Will Boeing MAX Deliveries Resume in Q4?

    The temporary staff will help with aircraft maintenance and delivery preparations at the airport. The company plans to move all of the stored MAX jets at Grant County to its factories in Seattle and Everett. The 737 MAX aircraft has faced a global flying ban since mid-March following two fatal accidents within five months.

  • Fifth Third Bank poaches Wells Fargo executive for key role in San Francisco
    Business
    American City Business Journals

    Fifth Third Bank poaches Wells Fargo executive for key role in San Francisco

    Cincinnati-based Fifth Third Bank knows how to make a splash, hiring a Wells Fargo executive of more than 30 years to be its San Francisco market president. Fifth Third (NASDAQ: FITB) hired Peter Gruebele from Wells Fargo (NYSE: WFC) to be senior vice president and lead a team of middle-market bankers serving the Bay Area.  Gruebele's hiring, which the bank says is part of its “strategic buildout” in the Bay Area, signals that Fifth Third has big ambitions for the region.  “This is not a toe-in-the-sand move.

  • U.S. Steel to lay off hundreds of workers in Michigan
    Business
    Yahoo Finance Video

    U.S. Steel to lay off hundreds of workers in Michigan

    U.S. Steel announced it is laying off 200 employees, following their decision to halt production at the Michigan facility. Executives are attributing the pull back to lower steel prices and softer demand. Ines Ferres and Akiko Fujita discuss.

  • Enphase Soars While Bringing Users Energy Independence
    Business
    Motley Fool

    Enphase Soars While Bringing Users Energy Independence

    Residential solar power generation has been evolving quite a bit in recent years, and Enphase Energy (NASDAQ: ENPH) wants to be leading the evolution going forward. Enphase aims to supply a full-platform solution to power generation, and its new microinverters, which convert energy at the solar panel, combined with storage, network, and software technologies, are catching on with customers. Let's look back at what drove the latest results and see how the company envisions the future of residential solar with its upcoming Ensemble platform.

  • Here's What Macy's and J.C. Penney Executives Are Saying After Earnings
    Business
    Motley Fool

    Here's What Macy's and J.C. Penney Executives Are Saying After Earnings

    Macy's will focus on costs, inventory management, and improving its best stores Excluding asset sale gains, Macy's adjusted EPS fell 40% year over year in the first half of fiscal 2019, despite flattish sales. Management expects to drive much better earnings results in the second half of the year and beyond, regardless of how sales trends develop. Better inventory management is one critical component of the turnaround plan.

  • Is Evolus (NASDAQ:EOLS) Weighed On By Its Debt Load?
    Business
    Simply Wall St.

    Is Evolus (NASDAQ:EOLS) Weighed On By Its Debt Load?

    So it seems the smart money knows that debt - which is usually involved in bankruptcies - is a very important factor, when you assess how risky a company is. Importantly, Evolus, Inc. NASDAQ:EOLS) does carry debt.

  • Is Lumber Liquidators Holdings, Inc. (NYSE:LL) Trading At A 48% Discount?
    Business
    Simply Wall St.

    Is Lumber Liquidators Holdings, Inc. (NYSE:LL) Trading At A 48% Discount?

    How far off is Lumber Liquidators Holdings, Inc. (NYSE:LL) from its intrinsic value? Using the most recent financial data, we'll take a look at whether the stock is fairly priced by estimating the company's future cash flows and discounting them to their present value. Remember though, that there are many ways to estimate a company's value, and a DCF is just one method.

  • Have Insiders Been Selling Transocean Ltd. (NYSE:RIG) Shares?
    Business
    Simply Wall St.

    Have Insiders Been Selling Transocean Ltd. (NYSE:RIG) Shares?

    It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be remiss not to mention that insider sales have been known to precede tough periods for a business. So shareholders might well want to know whether insiders have been buying or selling shares in Transocean Ltd. (NYSE:RIG).

  • Iran says top waterways won't be as safe if its oil exports cut to zero
    World
    Reuters

    Iran says top waterways won't be as safe if its oil exports cut to zero

    If Iran's oil exports are cut to zero, international waterways will not have the same security as before, its president said on Wednesday, cautioning Washington against upping pressure on Tehran in an angry confrontation between the longtime foes. The comment by President Hassan Rouhani coincided with a remark by Iranian Foreign Minister Mohammad Javad Zarif that Tehran might act "unpredictably" in response to "unpredictable" U.S. policies under President Donald Trump. "World powers know that in the case that oil is completely sanctioned and Iran's oil exports are brought down to zero, international waterways can't have the same security as before," Rouhani said while meeting Supreme Leader Ayatollah Ali Khamenei, according to Khamenei's official website.

  • Is Q2 Holdings, Inc.'s (NYSE:QTWO) CEO Paid Enough Relative To Peers?
    Business
    Simply Wall St.

    Is Q2 Holdings, Inc.'s (NYSE:QTWO) CEO Paid Enough Relative To Peers?

    In 2013 Matt Flake was appointed CEO of Q2 Holdings, Inc. (NYSE:QTWO). This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. At the time of writing our data says that Q2 Holdings, Inc. has a market cap of US$4.4b, and is paying total annual CEO compensation of US$5.2m.

  • U.S. Secretary of State Pompeo says crypto should be regulated like SWIFT and other electronic financial transactions
    Business
    The Block

    U.S. Secretary of State Pompeo says crypto should be regulated like SWIFT and other electronic financial transactions

    U.S. Secretary of State Michael Pompeo, one of Donald Trump's closest advisors, has said that cryptocurrencies, such as bitcoin and Facebook's upcoming cryptocurrency Libra, should be regulated in the same manner as all other electronic financial transactions. Pompeo shared his thoughts in an interview with CNBC on Tuesday, saying: "The same set of requirements that apply to things flowing through SWIFT or flowing through our financial institutions ought to apply to those transactions as well." Pompeo, however, hopes that the world does not move in the direction of anonymous cryptocurrency transactions, as it would "decrease the security for the world."

  • Does Chesapeake Energy (NYSE:CHK) Have A Healthy Balance Sheet?
    Business
    Simply Wall St.

    Does Chesapeake Energy (NYSE:CHK) Have A Healthy Balance Sheet?

    Net debt is about the same, since the it doesn't have much cash. How Healthy Is Chesapeake Energy's Balance Sheet? Zooming in on the latest balance sheet data, we can see that Chesapeake Energy had liabilities of US$2.22b due within 12 months and liabilities of US$10.1b due beyond that.

  • Is MongoDB (NASDAQ:MDB) Using Debt Sensibly?
    Business
    Simply Wall St.

    Is MongoDB (NASDAQ:MDB) Using Debt Sensibly?

    Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of permanent loss is the risk I worry about... and every practical investor I know worries about.' 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. Generally speaking, debt only becomes a real problem when a company can't easily pay it off, either by raising capital or with its own cash flow. Of course, the upside of debt is that it often represents cheap capital, especially when it replaces dilution in a company with the ability to reinvest at high rates of return.

  • Is Madison Square Garden (NYSE:MSG) A Risky Investment?
    Business
    Simply Wall St.

    Is Madison Square Garden (NYSE:MSG) A Risky Investment?

    As you can see below, Madison Square Garden had US$103.1m of debt, at March 2019, which is about the same the year before. Zooming in on the latest balance sheet data, we can see that Madison Square Garden had liabilities of US$780.8m due within 12 months and liabilities of US$356.9m due beyond that.