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Shares in Troubled Asset Manager GAM Plunge as It Revamps Its BusinessShares in GAM Holding fell nearly 30% as the crisis-hit Swiss money manager forecast a huge loss, scrapped its dividend and unveiled job losses.
Source: WSJ - 🏆 98. / 63 Read more »
Shares in Troubled Asset Manager GAM Plunge as It Revamps Its BusinessShares in GAM Holding fell nearly 30% as the crisis-hit Swiss money manager forecast a huge loss, scrapped its dividend and unveiled job losses.
Source: WSJ - 🏆 98. / 63 Read more »
Better Value Than U.S. Stocks: Asian Shares Hit Fire-Sale ValuationsAfter being hammered in 2018 by trade tensions, U.S. interest-rate increases and Beijing’s deleveraging policies, Asian stocks and corporate bonds look cut-price on some measures. Meanwhile in a universe in which pretend money called 'stocks' has value that is not related to anything in the physical world.
Source: WSJ - 🏆 98. / 63 Read more »
J&J announces $5 billion share buyback program after report wipes out $50 billion in market valueJohnson & Johnson plans to repurchase $5 billion in shares after the company lost more than $50 billion in market value over two trading days following a scathing news report Friday claiming J&J knew its talc baby powders contained asbestos. Using the money from remorseless trump and remorseless Republicans they gave corporations in 2016 tax scam ! Asbestos isn't safe though. 1/7 men experience prostate in their lifetimes. This product has been around like 47 years. The uptick of prostate cancer correlates. They've lied about asbestos in the talcum. We will never know the disastrous effects this has caused the world. Scrambling to boost the share price of their executive stock options. What a wise use of R&D capital.
Source: CNBC - 🏆 12. / 72 Read more »