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By Kuldip K. Ambastha (This week’s update is a follow-up to What Caught Our Attention in the Investment World? – Week of October 28-November 1, 2019.) On Wednesday, September 9, 2020, the stock of Tiffany & Co. saw a -6.4% return. Tiffany & Co. (TIF) and LVMH Moët Hennessy (LVMH) (LVMUY) were in the news …

Continue reading “What Caught Our Attention in the Investment World? – Week of September 8-11, 2020”

By Kuldip K. Ambastha On Wednesday, August 26, 2020, the stock of Salesforce.com, Inc. (CRM) had a pop of 26.0%. The stock posted smaller positive and negative returns during other days of the trading week. Strong 2Q2020 results drove the 26.0% gain in one day. For the first time, in 2Q2020 Salesforce.com, Inc. had more …

Continue reading “What Caught Our Attention in the Investment World? – Week of August 24 – 28, 2020”

By Kuldip K. Ambastha In this past week, BJ Services LLC and Ascena Retail Group (ASNA) both announced their bankruptcies. BJ Services LLC provides its services to oil & gas companies focused on North American exploration & production, and is voluntarily filing for Chapter 11 bankruptcy. This company intends to sell its assets, and its …

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

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 and Anil K. Ambastha On October 28, 2019, New York-based Tiffany & Co.’s stock (TIF) jumped 31.6% for a record one-day gain. The stock surged due to the announcement of a potential $14.5 billion (USD) acquisition bid from LVMH Moët Hennessy (LVMH). LVMH is a Paris-based French company headed by the …

Continue reading “What Caught Our Attention in the Investment World? – Week of October 28-November 1, 2019”