by Jamie Johnson | Aug 30, 2019 | Markets
The company is going public in spite of heavy losses and a pending lawsuit. This week, connected home fitness device maker Peloton announced its plans to go public later in the year. On Tuesday, the company filed paperwork for its initial public offering. ...
by Jamie Johnson | Aug 29, 2019 | Markets
PMI and Altria broke up in 2008 but think a new merger could strengthen both companies. On Tuesday, Philip Morris International (PMI) and Altria announced they are considering a potential merger. The companies didn’t disclose what kind of stake they would hold in the...
by Dorian Holden | Aug 29, 2019 | Markets
Hurricane Dorian will menace Florida in just days. In fact, according to the U.S. National Hurricane Center, the storm is expected to grow into a potential Category 3 hurricane before hitting between the Florida Keys and southern Georgia. And if you’re in...
by Dorian Holden | Aug 29, 2019 | Markets
China may have just blinked. In fact, just days before new tariffs, they hinted they would not retaliate. “We firmly reject an escalation of the trade war, and are willing to negotiate and collaborate in order to solve this problem with calm attitude,” Gao Feng,...
by Dorian Holden | Aug 28, 2019 | Markets
Fear is back in a big way. Markets are lower across the board this morning thanks to falling bond yields. In fact, the 10-year has again fallen below the two-year this morning. At the moment, the yield on a 10-year is 1.463%, as compared to 1.51% on...
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