What’s Behind the All-Time High in SPAC IPOs?
“We expect a high level of SPAC activity will continue into 2021.”
[...]
Sona Nanotech’s (SONA.C) Fall from Grace: Why Did Sona’s Share Price Tank?
Shareholders of Sona Nanotech (SONA.C) were dealt a major blow recently, after the firm’s stock dropped by over 67%.
[...]
JBS Seals Deal on Bunge’s Margarine, Mayonnaise Acquisition
JBS S.A.(JBSAY), world-renowned meat, poultry and food processor, has finalized the deal for acquiring mayonnaise and margarine assets from Bunge Alimentos (BG.NYSE). The
[...]
Warren Buffett (BRK-B) bails on Costco (COST.Q), and buys into Pfizer (PFE.NYSE)
On November 17, 2020 public filings revealed that Warren Buffett’s Berkshire Hathaway (BRK-B) dumped all its shares in Costco (COST.Q), while loading up
[...]
TikTok Ventures into E-commerce Space by Teaming Up With Shopify (SHOP.NYSE)
From the outset, social media has provided an indispensable resource for businesses looking to boost their sales both online and in-store. These platforms
[...]
Netflix (NFLX.Q) hits a wall.
In Q3, 2020 Netflix added 2.2 million subscribers – below Wall Street’s and Netflix’s expectations. NFLX had previously forecast adding 2.5 million paid
[...]
Barrick (GOLD.NYSE), Newmont (NEM.NYSE), AngloGold Ashanti (AU.NYSE), Kinross Gold (KGC.NYSE): big gold miners scrabble to replenish pipelines
The CEO of Barrick Gold (GOLD.NYSE), Mark Bristow just stated that the gold industry needs to consolidate so it can put more gold
[...]
Did Indian partner Future Group cheat Amazon?
Amazon claims that its Indian partner Future Group broke a contract by entering into a $3.4 billion sale agreement with billionaire Mukesh Ambani’s
[...]
Major Bank pledges to become more inclusive
JPMorgan Chase has stated has stated that it plans to help 1 million people open checking accounts. Shockingly, minorities pay more for their
[...]
Harley Davidson (HOG.NYSE) revs up its engines and high-tails out of India.
Harley-Davidson just fled the world’s biggest motorcycle market. The iconic US motorcycle brand is shutting its factories in India and reducing its sales
[...]