Search Results for: aid

By Kuldip K. Ambastha Carnival Corporation (CCL) is well-known as a cruise operator and as a prominent travel / leisure company. This British-American company has struggled recently due to the coronavirus pandemic seen worldwide. However, during this week, the company had strong days on Monday, April 6, 2020 and Tuesday, April 7, 2020, returning 20.3% …

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

By Kuldip K. Ambastha It is always easy to assume either that things today are not as good as they were in the past or that they aren’t going to be as good in the future. The first is irrelevant, and the second is usually not a good bet. Mankind is pretty amazing at doing …

Continue reading “On Pessimists and Optimists”

By Kuldip K. Ambastha and Anil K. Ambastha On Tuesday, February 25, 2020, the stock of Moderna, Inc. (MRNA) rose by 27.8% for the day. As the coronavirus (COVID-19) has spread around the world and led to a sell-off in the capital markets, Moderna, Inc. announced that its coronavirus vaccine candidate is scheduled to be …

Continue reading “What Caught Our Attention in the Investment World? – Week of February 24-28, 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 Thursday, December 19, 2019, Rite Aid Corporation (RAD) delivered a strong 42.3% return for the day. On that day, the company announced a quarterly earnings figure of $0.54 per share, for the quarter ending November 2019. This figure beat various consensus estimates quite significantly and thus …

Continue reading “What Caught Our Attention in the Investment World? – Week of December 16-20, 2019”