PepsiCo, Inc. (NYSE:PEP) released it earnings report for the three months ended September 30 this morning before the market opened on Wall Street. The beverage and food company showed earnings of $1.24 per share for the period. Pepsi brought in $16.96 billion in revenue in the period. Shares in PepsiCo were trading at $80.60 in pre-market hours.
Bridgewater Associates is in the news again and yet again not for the reasons Ray Dalio and crew would prefer. The latest is a sexual harassment allegation from a... Read More
Mangrove Partners finished 2019 down -9.4% despite a return of +5.1% in the month of December, according to a hedge fund letter to investors update seen by ValueWalk. The... Read More
The financial sector caught some acquisition news today, as it was announced that BB&T Corporation (NYSE:BBT) had struck a deal with Susquehanna Bancshares Inc (NASDAQ:SUSQ) to acquire the business in a... Read More
Jeffrey Gundlach: "Life Is Great!" by Stephen B. Blumenthal, CMG Capital Management By Steve Blumenthal “Everyone has to think about what will happen to their wealth when interest rates change direction.” –... Read More
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Market Levels US: Dow Futures: 12774.00 (0.09%), S&P 500 Futures: 1349.40 (-0.10%), NASDAQ Futures: 2614.25 (-0.11%) Europe: CAC: 3138.38 (0.38%), DAX: 6402.27 (0.16%), FTSE: 5597.30 (-0.45%). Asia-Pacific: Australia: 4087.60 (-1.08%),... Read More
Earlier this week, Bloomberg reported that former Treasury Secretary Timothy Geithner secured a line of credit from JPMorgan Chase, one of the too-big-to-fail recipients of bailout cash. Geithner is looking... Read More
Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK.A) (NYSE:BRK.B) is set to earn $2 billion through Goldman Sachs Group Inc (NYSE:GS) warrants bought during the 2008 financial crisis, while the federal government... Read More
The close friend of Charlie Munger Li Lu is considered by many to be among the world's greatest investors. The founder and Chairman of Himalaya Capital Management is the... Read More
Life Time Fitness, Inc. (NYSE:LTM) is on the verge of unlocking significant shareholder value and could rise more than 30 percent, says activist hedge fund manager Richard McGuire of Marcato... Read More
