Author: Tradechat
Investors are flying blind during the pandemic when it comes to valuing private shares — and it could be the real moment of truth for unprofitable unicorns
Valuing companies — especially money-losing unicorns — was a challenge for investors before the coronavirus pandemic upended commerce and changed the way the world works. Now, hedge funds and other […]
Analysts Estimate REV Group, Inc. (REVG) to Report a Decline in Earnings: What to Look Out for
REV Group, Inc. (REVG) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended April 2020. This widely-known consensus outlook […]
Zillow Case-Shiller April Forecast: Still Showing Increasing YoY Price Gains
The Case-Shiller house price indexes for March were released last week. Zillow forecasts Case-Shiller a month early, and I like to check the Zillow forecasts since they have been pretty […]
2 portfolio managers featured in ‘The Big Short’ are set to join the new hedge fund being set up by Steve Cohen’s former right-hand man
Tom Conheeney’s new fund, which is called EmeraldRidge Advisors, is planning to add two well-known portfolio managers, Vincent Daniels and A. Porter Collins. The pair is most famous for being […]
Hurricane-Related Scams
Original release date: June 1, 2020 June 1 marks the official start of the 2020 Atlantic hurricane season. The Cybersecurity and Infrastructure Security Agency (CISA) warns users to remain on […]
Construction Spending Decreased in April
From the Census Bureau reported that overall construction spending decreased in April: Construction spending during April 2020 was estimated at a seasonally adjusted annual rate of $1,346.2 billion, 2.9 percent […]
Zacks.com featured highlights include: West Pharmaceutical Services, Teradyne, Dollar General, Applied Materials and Kroger
For Immediate Release Chicago, IL – June 1, 2020 – Stocks in this week’s article are West Pharmaceutical Services Inc. WST, Teradyne Inc. TER, Dollar General Corp. DG, Applied Materials […]
ISM Manufacturing index Increased to 43.1 in May
The ISM manufacturing index indicated contraction in May. The PMI was at 43.1% in May, up from 41.5% in April. The employment index was at 32.1%, up from 27.5% last […]
RR plans to assist small business in COVID crisis
The City of Rio Rancho plans to support small businesses dealing with COVID-19 with almost $347,000 from the U.S. Department of Housing and Urban Development. Under the guidance of Mayor […]
US stocks dip as China halts American farm purchases, further stoking trade tensions
US stocks slid on Monday after the Chinese government ordered a halt of American farm imports. The announcement further inflamed US-China trade tensions and paused a key component of the […]
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