In the past year, insiders have sold $1.1 million worth of Capri Holdings Limited (NYSE: CPRI) at an average price of $60.58 per share, giving them the most for their money. The company’s market value fell by US$267 million over the past week after the stock price fell 3.5%, although insiders were able to play …
Putting an arbitrary timeline on how long a successful CEO holds office doesn’t make much sense. It’s a Walt Disney thing (SAY) – Get a free report made to Michael Eisner, but in this case the company had a clear successor in place in Bob Iger. In Iger’s case, the CEO was essentially forced out …
Walt Disney seems to want to make the same mistake twice Read More »
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, August 29, 2022. Brendan McDermid | Reuters After a tumultuous year for the financial markets, Standard charter outlined a number of potential surprises for 2023 that he says are “undervalued” by the market. Eric Robertson, the bank’s chief research …
TOPSHOT – IMC Financial Designated Market Maker Meric Greenbaum looks on at the Board of Directors before the … [+] Opening bell just before a trading halt at the New York Stock Exchange on March 9, 2020 in New York City. – Trading on Wall Street was temporarily halted at the start of March 9, …
Market Sentiment’s Put/Call Ratio Went Crazy in November: What Can It Mean? Read More »
Indonesian GoTo has lost nearly 70% of its valuation since its IPO in April Indonesia’s GoTo Group – the merged entity of ride-hailing giant Gojek and e-commerce marketplace Tokopedia – has lost 68.5% of its original 400 trillion rupiah ($28 billion) value since going public in April . On Thursday, pre-IPO shareholders such as Alibaba …
Hong Kong shares jump 4% as China relaxes some virus rules Read More »
For more than three decades, financial engineering probably played a bigger role in wealth creation than the economic activity on the ground. Some financial innovations have helped improve economic activity, and some have broken the financial systems they were meant to strengthen. One of the tools of financial engineering is the buyback of shares by …
Get ready, America; VinFast is on the way. The Vietnam-based electric vehicle maker is taking the slow boat to California as it sends its first batch of 999 VF 8, the company’s 5-seater electric SUV, to America aboard the Silver Queen, a Panamanian charter vessel. The Silver Queen is expected to arrive in the Sunshine …
Tesla’s Vietnamese rival sets sail for US market Read More »
Apple shares have been a safe haven for most of the year in a sea of stalled tech names, but its chart is now signaling weakness that could have implications for the wider market. The company’s exposure to China has become the Achilles heel of a stock that has held up as other big names, …
Weakness in Apple shares could be a warning to broader market, chart techs say Read More »
China unlikely to make sudden changes to its Covid policy: National University of Singapore The Chinese government is unlikely to make any sudden changes to its zero Covid policy as it will lead to chaos, Professor Wang Gungwu of the National University of Singapore said on CNBC’s “Squawk Box Asia.” “If you change the policy …
Hong Kong shares jump 4% ahead of Chinese Covid briefing Read More »
When the going gets tough in the stock market, even some of the toughest investors cover their eyes. Conventional investment wisdom dictates that you should never make emotional investment decisions. This is especially true on days when the markets are crashing and the tendency for investors is to cut their losses. Research shows that it’s …
Should you sell your shares during a sell-off? Market advice from experts Read More »
