stocks Lehman Brothers and Enron are notorious for destroying shareholder wealth, but they can’t compete with these 20 names.When folks think of the worst stocks of the past 30 years, Lehman Brothers, Enron or Arthur Andersen are but three among legions of notorious names that might immediately come to mind. Yet somehow, those corporate catastrophes… Continue reading The 20 Biggest Wealth Destroyers of the Past 30 Years | Kiplinger
Berkshire Hathaway and Adidas check every box as a potential Peloton buyer, according to the activist firm that pushed for CEO’s resignation
Blackwells Capital sees Berkshire Hathaway and Adidas among potential buyers of Peloton. In a 65-page presentation, Blackwells named 19 potential acquirers for the fitness company. Blackwells, which has a 5% stake in Peloton, published the presentation on February 7. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The activist investment… Continue reading Berkshire Hathaway and Adidas check every box as a potential Peloton buyer, according to the activist firm that pushed for CEO’s resignation
US stocks rise as investors digest more 4th-quarter earnings and await key inflation data
US stocks closed higher Tuesday as investors digested the continued strength of corporate earnings. Fourth-quarter consensus EPS is tracking 6% above where it stood on January 1, higher than the historical average beat of 2.5%. Ahead, investors are anticipating the January CPI data Thursday. Economists are expecting a 7.3% surge in prices. Sign up here… Continue reading US stocks rise as investors digest more 4th-quarter earnings and await key inflation data
Celebrities are buying into emoji-identifiers called Yats — and the creator has raked in $20 million
The crypto world is buying up new emoji-identifiers called Yats. Creator Yat Labs has raked in $20 million since launching last year, the Wall Street Journal said. The most expensive Yats are single and double emojis, with the priciest one — a golden key — selling for $425,000. Sign up here for our daily newsletter,… Continue reading Celebrities are buying into emoji-identifiers called Yats — and the creator has raked in $20 million
Oil prices could hit $120 per barrel in June before heading back to earth as travel demand rebounds, Bank of America says
Oil prices could surge 32% to $120 per barrel by June as travel demand rebounds, Bank of America said in a Tuesday note.Higher demand for jet fuel, combined with low inventories and geopolitical tensions could send the commodity to levels not seen since 2012, the bank said.But such a surge would be temporary, with prices… Continue reading Oil prices could hit $120 per barrel in June before heading back to earth as travel demand rebounds, Bank of America says
Valentine’s Day Deals: Grab These Last-Minute Sales
It’s coming down to the final days to order your loved one a gift and still have it arrive on time for Valentine’s Day. Unless you’re settling for supermarket flowers and a box of chocolates (both perfectly serviceable gifts on short notice), we’ve pulled together a few unique deals that may add a little spice… Continue reading Valentine’s Day Deals: Grab These Last-Minute Sales
Immerse Yourself In The Metaverse With These Products
You’ve probably seen the headlines: global tech company Microsoft agreed to purchase the American video game company Activision Blizzard in a $68 billion deal. What’s more, Activision CEO, Bobby Kotick, is leaving the company, but not before he receives a nice paycheck. According to Kotick, the deal is related to the inevitable rise of the… Continue reading Immerse Yourself In The Metaverse With These Products
Now Is The Worst Time to Buy a Home, Fannie Mae Poll Finds
The pandemic forced a lot of people to vow not to put off the things they want to do for another day. The housing market was one of those top line items. But after a bruising two years of sky high prices and dwindling inventory, it seems a lot of younger buyers have decided they… Continue reading Now Is The Worst Time to Buy a Home, Fannie Mae Poll Finds
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