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By Kuldip K. Ambastha On Tuesday, December 22, 2020, IAC/InterActiveCorp (IAC) delivered a +14.1% return for the day. IAC/InterActiveCorp is an American holding company, headquartered in New York City, NY. The company has a variety of underlying holdings, mainly in the media / Internet arena. The Board of Directors of IAC/InterActiveCorp approved a plan to …

Continue reading “What Caught Our Attention in the Investment World? – Week of December 21-24, 2020”

By Kuldip K. Ambastha The past trading week was a big one for the initial public offering (IPO) market sector. Airbnb, Inc. (ABNB), C3.ai, Inc. (AI), and DoorDash Inc. (DASH) all had massive IPOs. Airbnb is an online marketplace for rental properties, C3.ai is an enterprise artificial intelligence software-as-a-service applications provider, and DoorDash is a …

Continue reading “What Caught Our Attention in the Investment World? – Week of December 7-11, 2020”

By Kuldip K. Ambastha SAP SE (SAP) is a German software company in the enterprise software sector, focused on business operations and customer relations. The company operates in many countries around the world and has well-known enterprise resource planning (ERP) capabilities. SAP stands for “Systems, Applications, and Products in Data Processing.” On Monday, October 26, …

Continue reading “What Caught Our Attention in the Investment World? – Week of October 26-30, 2020”

By Kuldip K. Ambastha During the past trading week, Carvana Co. (CVNA) delivered a +30.6% return on Tuesday, September 22, 2020, due to strongly positive financial results showing ongoing growth. Carvana Co. is an innovative retailer which sells cars out of huge vending machines, and during the latest quarter it showed impressive projected data related …

Continue reading “What Caught Our Attention in the Investment World? – Week of September 21-25, 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 During this past week, RTW Retailwinds (RTW) and Sur La Table both declared bankruptcy. RTW Retailwinds owns several fashion brands focused on women (most prominently New York & Company), while Sur La Table specializes in kitchenware products. RTW Retailwinds has been hard-hit by the coronavirus pandemic, as has Sur La Table. …

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

By Kuldip K. Ambastha Chesapeake Energy Corporation (CHK) of Oklahoma City, OK was in the news this week. The company was founded by Tom L. Ward (currently the Chairman and CEO of privately held MACH Resources) and the now-late Aubrey K. McClendon in 1989 with an initial funding of $50,000. Robert D. Lawler (aka: Doug …

Continue reading “What Caught Our Attention in the Investment World? – Week of June 29 – July 2, 2020”

By Kuldip K. Ambastha The airline sector caught our attention this week, due to strong returns seen by various companies. In this piece, American Airlines Group (AAL), Delta Air Lines (DAL), JetBlue Airways Corporation (JBLU), Southwest Airlines (LUV), and United Airlines Holdings (UAL) will be focused on. On Wednesday, June 3, 2020, Southwest Airlines delivered …

Continue reading “What Caught Our Attention in the Investment World? – Week of June 1 – 5, 2020”

By Kuldip K. Ambastha In this past week, Tuesday Morning Corporation (TUES), Hertz Global Holdings, Inc. (HTZ), and HP Inc. (HPQ) were all featured prominently in the news. Tuesday Morning Corporation (TUES) is a retail business focused on the American home. Due to the coronavirus pandemic, the company was forced to close its stores for …

Continue reading “What Caught Our Attention in the Investment World? – Week of May 26 – 29, 2020”

By Kuldip K. Ambastha Jerome Powell, the Chair of the U.S. Federal Reserve, issued detailed comments this week. The American economy continues to be ravaged by the coronavirus pandemic. Additional fiscal support aid (e.g. another round of stimulus payments to Americans) will likely be needed for the American economy to recover. However, the Fed is …

Continue reading “Negative Interest Rates in the USA are Unlikely – Week of May 11 – 15, 2020”