Month: November 2020

John Malone chairman of Liberty Media Michael Kovac | Getty Images | Vanity Fair) Liberty Media Chairman John Malone said Amazon, Apple or Roku could potentially dominate in the crowded streaming space given their ability to scale globally. “I think these global platforms will be enormously powerful. And most product creates will be selling wholesale through these
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Bloomberg | Bloomberg | Getty Images Check out the companies making headlines after the bell:  FireEye — Shares of FireEye jumped 12% in extended trading after the cybersecurity company announced a $400 million strategic investment led by Blackstone. FireEye intends to use the proceeds to fund the acquisition of Respond Software and grow the company’s
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A fiduciary duty exists in law when a person or entity places trust, confidence, and reliance on another to exercise discretion or expertise in acting on behalf of the client. The fiduciary must knowingly accept that trust and confidence. In the U.S. legal system, a fiduciary duty describes a relationship between two parties that obligates
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Shares of special purpose acquisition company Switchback Energy (NYSE:SBE) spiked on Nov. 17 on a wave that was triggered by good news in the electric-vehicle segment. Owners of SBE stock saw their holding rise some 15%. Source: Scharfsinn / Shutterstock.com The increase demonstrates the segment’s sensitivity and underscores the volatility associated with this immature area
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Fisker (NYSE:FSR) is one of the hottest stocks in the red-hot electric vehicle (EV) sector. If you were an investor when the stock began publicly trading, you’ve seen the value of your investment nearly double (as of this writing). Source: Scharfsinn / Shutterstock.com Too far too fast? That remains to be seen. However, at some
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CEO: Carol MeyrowitzCompany value:  $33.309 billionCarol Meyrowitz joined TJX in 1983, eventually becoming president in 2005. She joined its board of directors the following year. TJX operates more than 2,900 discount retail stores, including TJ Maxx, Marshalls and Home Goods. David McGew | Getty ImagesInset: Essdras M Suarez | The Boston Globe | Getty Images
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Investors and analysts use a wide range of technical indicators to assess the relative risk associated with a given stock. Optimal risk management involves being able to assess an investment’s risk and profitability potential from all angles, including its performance relative to that of the broader market. Consistent underperformance may be an indicator of limited growth potential
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The world has changed, but this time it’s for the better. But amid a market made up of stocks and some of which are bound to outperform on both an absolute and relative basis, three ‘stay away’ companies are making breakouts worthy of being stocks to buy for your portfolio today. Wall Street received a
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A CVS Pharmacy store is seen in the Manhattan borough of New York City, New York. Shannon Stapleton | Reuters Pharmacy stocks fell sharply on Tuesday after Amazon launched its new Pharmacy offering, which includes online ordering and delivery for prescription drugs. Dow Jones Industrial average member Walgreens Boots Alliance dropped more than 11% in
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Consumer staples products include those that consumers are unwilling or unable to cut out of their budgets, in spite of financial difficulties or economic turmoil. There have been many factors in play in recent months which have threatened financial situations across the country, including the COVID-19 pandemic and periods of heightened tension involving trade between
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