Ridesharing top dog Uber finally dropped its S-1 registration statement with the SEC yesterday, giving public investors the first glimpse of its financials just a couple weeks after rival Lyft (NASDAQ: LYFT) hit the public markets. Uber has always been the much larger player, but now we know just...
LVMH's (NASDAQOTH: LVMUY) stock recently hit an all-time high after the luxury goods giant reported that its first-quarter sales rose 16% annually to 12.5 billion euros ($14.1 billion), or 11% on an organic basis, which excludes currency fluctuations, divestments, and acquisitions. That marks an acceleration from its 9% organic sales...
Some of history's greatest investors have been self-described "value investors," including Benjamin Graham, Warren Buffett, and Joel Greenblatt, whose track records have left the market in the dust. For those who have the interest and time, value investing can be a wonderful tool to build wealth for you and...
What happened Shares of Chinese consumer credit products provider Qudian (NYSE: QD) jumped on Friday after the company announced a share repurchase agreement with a major shareholder. The stock was up about 12.5% at 11:15 a.m. EDT. So what Qudian has agreed to purchase approximately 18.2 million Class A ordinary shares from...
Chevron (NYSE: CVX) jolted the oil market this week by agreeing to buy rival Anadarko Petroleum (NYSE: APC). The oil giant is paying a whopping $50 billion for Anadarko in a combination of stock, cash, and the assumption of debt. The transaction will significantly bolster Chevron's operations in U.S....
What happened Shares of the nation's largest trash collector, Waste Management (NYSE: WM), tumbled more than 5% in early trading Thursday before retracing to about a 2.8% loss as of 12:30 p.m. EDT. You can thank investment banker Stifel for that. Don't look now, but Waste Management's stock price is getting compacted....
What happened Shares of Bed Bath & Beyond (NASDAQ: BBBY) were down 7.9% as of 11:30 a.m. EDT Thursday after the home-goods retailer announced mixed fiscal fourth-quarter 2018 results. For its quarter ended March 2, 2019, Bed Bath & Beyond's revenue declined 11% year over year to roughly $3.31 billion,...
What happened Shares of Amyris (NASDAQ: AMRS) fell as much as 30.9% today, continuing a streak of significant volatility for the stock. While there hasn't been a stream of daily news feeding the sharp stock movements, investors are anticipating updates on several important outstanding questions that will dictate the course...
Image source: The Motley Fool. Corporacion America Airports S.A. (NYSE: CAAP)Q4 2018 Earnings Conference CallApril 11, 2019, 9:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning, and welcome to the Corporacion America Airports Fourth Quarter 2018 Earnings Call. A slide presentation accompanies today's webcast and is available in the...
What happened Shares of Rite Aid (NYSE: RAD) fell 10% on Thursday after the retail pharmacy company reported lackluster earnings and guidance and said it is proceeding with a plan designed to prevent its stock from being delisted. So what Rite Aid reported a fiscal fourth-quarter adjusted loss of $0.01 per share,...