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Follow this list to discover and track stocks that have set death crosses within the last week. A Death Cross is when a stock's 50 day moving average crosses below the 200 day moving average. This list is generated daily, ranked based on market cap and limited to the top 30 stocks that meet the criteria.
Prosperity Home Mortgage, a Berkshire Hathaway affiliate, plans to expand its residential mortgage operations in the Dallas metro area.
T-Mobile's (TMUS) new device lab will carry out its 5G spectrum test with the help of specialized rooms like the Sub-6GHz 5G Radio Performance Chamber and the 5G Millimeter-Wave Antenna Range.
If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Fortinet (FTNT).
The FMI Large Cap fund doesn’t flee into cash when it sees a bear market on the way. Instead, it buckles down on its value investing philosophy and a concentrated set of stock picks.
The Chinese territory of Macau is set to elect as leader the only candidate for which it is allowed to vote: a Beijing-backed former legislator who is expected to cement China's control over the special administrative region and distance it from escalating protests in neighbouring Hong Kong. The 62-year-old's highly scripted appointment comes as the former Portuguese colony tries to position itself as a beacon of stability and model for the Chinese government's "one country, two systems" formula through which Beijing administers Macau and Hong Kong. "Many people expressed they do not want to mess up Macau," Ho told local media this week, explaining that he had heard much opposition to the protests that have plunged Hong Kong into its deepest political crisis since its handover to Beijing in 1997.
Amazon (AMZN) is trading at $1,812 per share—11% below its 52-week high of $2,050. AMZN is down about 3% this month and 4.3% since the start of June.
The Oracle of Omaha has already bought into Pittsburgh's biggest bank, and much has changed since it emerged as an investor last fall.
Las Vegas Sands (ticker: LVS) is up just over 5% so far this year, compared with a more than 16% rise for the S&P 500 and double-digit gains for peers (WYNN) (WYNN) and (MGM) (MGM). The company’s earnings have been hit or miss this year, but a major concern for investors is the ongoing trade war and what that might mean for China’s economy. The Chinese gambling hub of Macau has recovered from some of its worst declines, but plenty of investors are still nervous that it could take another hit if tariffs escalate and curb gamblers’ appetites.
(Bloomberg) -- WeWork’s IPO prospectus lacks the information needed to create a financial model of the company, according to an analyst who specializes in new listings.The We Co., which is expected to raise about $3.5 billion in what would be 2019’s second-biggest initial public offering, must have put in a great effort to conceal the unit economics underlying the coworking space provider, said Triton Research Inc. Chief Executive Officer Rett Wallace.“The prospectus is a masterpiece of obfuscation,” he said in an interview. “If the underlying facts were positive, why would a company go to so much trouble to prevent you from understanding them?”Using what it calls an obfuscation index as one component of its ratings, Triton has built a strong track record predicting the winners and losers among technology IPOs. Since January 2018, listings that won an above-average score from Triton have risen about 92% from their offering prices, nearly triple the return of those scoring below average.IPOs with the highest Triton scores include standouts Elastic NV, Smartsheet Inc. and Anaplan Inc., while post-listing duds such as Sonos Inc., Dropbox Inc. and Lyft Inc. rank among the low scorers.Triton sees high levels of obfuscation in WeWork’s filing. For example, the company stops counting sales and marketing expenses at a given location once it’s been open for two years -- but the spending doesn’t actually stop after that. Instead, it counts as an operating expense, Triton said.A representative for New York-based WeWork declined to comment.Opening DatesWeWork’s filing doesn’t disclose the dates of when its locations opened or when the spending at a given location will switch into the operating expense bucket, according to Wallace. Like some government agencies, WeWork labels some compensation as investments.“When you make it impossible for people to have data-driven conviction, then everything is just sentiment,” Wallace said. “Sentiment can come and go, especially in a volatile tape like this.”Read more: WeWork IPO May Polarize Wall Street Into Warring Camps, MKM SaysThe lack of disclosure becomes even more apparent when contrasted with other IPO filings that are more direct, he added.“When companies fight you on understanding the basic proposition of the mousetrap, it’s always bad. People who have good mouse traps say, ‘This is the thing: You put the cheese in, the trap is designed to never break your thumb, and it catches mice nine times out of ten.’”Read more: WeWork IPO Shows It’s the Most Magical Unicorn: Shira OvideTo contact the reporter on this story: Drew Singer in New York at email@example.comTo contact the editors responsible for this story: Brad Olesen at firstname.lastname@example.org, Michael HythaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Sysco (SYY) is benefiting from its four core strategies and strong U.S. Foodservice unit. However, mixed International unit's performance and high costs are concerns.
Investment company Johns Hopkins University (Current Portfolio) buys Black Stone Minerals LP, Dropbox Inc during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Johns Hopkins University. Continue reading...
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Berkshire Hathaway Inc. New York, August 19, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Berkshire Hathaway Inc. and other ratings that are associated with the same analytical unit. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Fulton Bank opened its new branch in East Baltimore at the site of what almost became a pizza parlor, marking the beginning of the company's expansion in the city. The branch, located at 929 N. Wolfe St., is the first of three planned in Baltimore by Fulton Financial Corp., the Lancaster, Pennsylvania-based holding company for the bank. Fulton Financial is also the parent of The Columbia Bank.
In a world of large, faceless corporations, it can sometimes be nice to think of family values in business. What are the biggest family-owned businesses around?