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By Kuldip K. Ambastha The Dow Jones was up and down this week day by day, similar to what has been seen in the past few weeks. Due to the coronavirus pandemic and its related public health concerns around the world, massive changes have been seen in the USA and these changes have been affecting …

Continue reading “Jobs, Unemployment, and the Dow Jones – Week of March 30 – April 3, 2020”

By Kuldip K. Ambastha Per the table seen above, the Dow Jones Industrial Average (DJIA) took investors on a volatile ride this week. Down days were seen on Monday and Friday. Up days were seen on the Tuesday, Wednesday, and Thursday in between. This pattern in the DJIA was observed due to the federal government’s …

Continue reading “Government Stimulus and the Dow Jones – Week of March 23-27, 2020”

By Kuldip K. Ambastha This past week was a volatile one in the investment markets, worldwide. “May you live in interesting times” was a quote popularized during the global financial crisis (GFC) era. This same quote applies now as well, in terms of the wild roller coaster ride seen for March 16-20. On a daily …

Continue reading “A Wild Roller Coaster Ride – Week of March 16-20, 2020”

By Kuldip K. Ambastha and Anil K. Ambastha On Tuesday, February 18, 2020, Franklin Resources, Inc. (BEN) and Legg Mason, Inc. (LM) made big headlines. Legg Mason returned 24.4% for the day, while Franklin Resources (AKA: Franklin Templeton) returned 6.9%. Why? Franklin Resources is buying Legg Mason, in an all-cash deal valued at $4.5 billion. …

Continue reading “What Caught Our Attention in the Investment World? – Week of February 17-21, 2020”

By Kuldip K. Ambastha and Anil K. Ambastha On Monday, February 10, 2020, Taubman Centers, Inc. (TCO) was a star performer for the day with its return of 53.2%. A combination of strong quarterly and annual results plus an acquisition offer from Simon Property Group, Inc. (SPG) led to this impressive return. 4Q2019 adjusted funds …

Continue reading “What Caught Our Attention in the Investment World? – Week of February 10-14, 2020”

By Kuldip K. Ambastha and Anil K. Ambastha On Wednesday, February 5, 2020, the stock of Coty Inc. (COTY) rose by 14.5% for the day. This beauty-focused company had quarterly earning (27 cents per share) and revenue ($2.35 billion) figures which beat consensus expectations. Coty Inc. has been implementing a turnaround plan in recent quarters …

Continue reading “What Caught Our Attention in the Investment World? – Week of February 3-7, 2020”

By Kuldip K. Ambastha and Anil K. Ambastha On Tuesday, January 21, 2020, China Eastern Airlines Corporation Limited (CEA) stock dropped by 10.4% for the day. China Eastern Airlines is a major Chinese airline company which offers international, domestic, and regional flights. The company is headquartered at Shanghai Hongqiao International Airport in Changning District, Shanghai. …

Continue reading “What Caught Our Attention in the Investment World? – Week of January 20-24, 2020”

By Kuldip K. Ambastha and Anil K. Ambastha On Tuesday, January 14, 2020, Pinterest, Inc. (PINS) stock rose by 9.6% for the day because, as per market research firm eMarketer, Pinterest had 82.4 million American users in 2019. With this data point, Pinterest is now the third-largest American social media platform behind Facebook (FB) and …

Continue reading “What Caught Our Attention in the Investment World? – Week of January 13-17, 2020”

By Kuldip K. Ambastha and Anil K. Ambastha On Monday, January 6, 2020, the stock of SmileDirectClub Inc. (SDC) rose by 21.6%. SmileDirectClub specializes in the teledentistry sector, and has its headquarters in Nashville, Tennessee. SmileDirectClub has announced a deal with Walmart Inc. (WMT) to sell its products inside Walmart stores plus on the Walmart …

Continue reading “What Caught Our Attention in the Investment World? – Week of January 6-10, 2020”

By Kuldip K. Ambastha and Anil K. Ambastha HAPPY HOLIDAYS, EVERYBODY! During this week of Christmas, Peloton Interactive, Inc. (PTON) and WW International, Inc. (formerly Weight Watchers International, Inc.) (WW) caught our eye. On Thursday, December 26, 2019 (the day after Christmas 2019), Peloton dropped by 6.1%, while WW International fell by 8.5%. Peloton is …

Continue reading “What Caught Our Attention in the Investment World? – Week of December 23-27, 2019”