2:00 a.m. Today2:00 a.m. Sept. 23, 2020
‘Zombie Companies’ Are Proliferating. Here’s How to Avoid Them.
The coronavirus recession appears to have caused an outbreak of “zombie companies,” unprofitable and cash-poor firms that rely on financial markets to cover their costs, according to Principal Global Investors.
8:28 p.m. Sept. 22, 2020
- By Associated Press
Asian stocks inching lower after intraday rebound lifts U.S. equity marketsAsian markets were mostly lower on Wednesday as investors kept a wary eye on how the coronavirus pandemic will affect the economic outlook.
12:07 p.m. Sept. 22, 2020
Trump's trade policy failed the workers he promised to helpOn trade, it’s time to accept that Trump’s approach hasn’t worked, and workers are paying the price.
11:52 a.m. Sept. 22, 2020
A ‘Net-Zero’ Portfolio Is a Pipe Dream. What to Do Instead to Fight Climate Change.
Walmart and Morgan Stanley have joined the list of big companies unveiling plans to slash their net emissions of greenhouse gases to zero. Expect to hear more during New York City’s Climate Week conferences.
10:25 a.m. Sept. 22, 2020
- By Philip van Doorn
These cheap stocks could see huge gains during a vaccine-driven economic rebound When analysts raise their earnings estimates, shares of some of the hardest-hit companies will begin to bounce backWhen analysts raise their earnings estimates, shares of some of the hardest-hit companies will begin to bounce back.
8:50 a.m. Sept. 22, 2020
- By Jon Swartz
Exclusive: Behind the scenes of Unity’s unique IPO in the middle of a pandemic ‘Today, we made history, and we did it the Unity way,’ CEO says after a chaotic 24 hours of venue changes, TV hits and a big first-day pop“Today, we made history, and we did it the Unity way,” Unity Software Inc. CEO says after a chaotic 24 hours of venue changes, TV hits and a big first-day pop.
8:43 a.m. Sept. 22, 2020
- By Quentin Fottrell
My wife and I live with my dying mother. My brothers and I will inherit her home. Should I ask her to sell it — and move in with me? ‘If she agrees to move, and puts the money in her bank account — a joint account with one of her grandchildren — what happens to the money? She gave that grandchild survivorship rights’‘If she agrees to move, and puts the money in her bank account — a joint account with one of her grandchildren — what happens to the money? She gave that grandchild survivorship rights.’
2:25 p.m. Sept. 21, 2020
- By Mark Hulbert
This mutual fund may have cracked the ‘Buffett Code’ — Berkshire Hathaway’s secret sauce AQR’s research-based focus on ‘cheap, safe stocks’ anchors its Large Cap Defensive Style Fund AQR’s research-based focus on ‘cheap, safe stocks’ anchors its Large Cap Defensive Style Fund.
2:20 p.m. Sept. 21, 2020
- By Keith Jurow
The COVID-19 lockdown is squeezing real estate from all sides and threatens to burst the housing and mortgage bubble Sooner or later, homeowners in this frothy U.S. housing market must pay the piperSooner or later, homeowners in this frothy U.S. housing market must pay the piper, writes Keith Jurow.
12:36 p.m. Sept. 21, 2020
- By Mark DeCambre
A Monday beatdown for financials is raising grim questions on Wall Street--another Fed bailout?So much for taken the baton from technology to lead the next leg of the market's nearly unceasing march higher.
11:46 a.m. Sept. 21, 2020
Lebenthal Joins Houlihan to Guide Women-Owned Businesses on Growth Opportunities
Alexandra Lebenthal’s roots on Wall Street go back to 1925, when her grandparents founded Lebenthal & Co., which sold municipal bonds to small investors.
10:24 a.m. Sept. 21, 2020
- By Joy Wiltermuth
Wall Street home loans aren't looking great in this crisisDelinquencies on home loans made by Wall Street lenders to borrowers with spotty credit aren't performing so well during the pandemic.
9:15 a.m. Sept. 21, 2020
- By Jonathan Clements
Want to retire rich? Start by unlearning some conventional wisdom Your bright ideas about investing are actually costing you money
8:01 a.m. Sept. 21, 2020
- By Michael Ashbaugh
Charting a bearish technical tilt: S&P 500, Nasdaq violate major support Focus: Revisiting U.S. sector damage and pockets of strength, Financials challenge key support, QQQ, XLE, XLF, IYT, XLI, XLBU.S. stocks are firmly lower early Monday, pressured amid renewed virus concerns, as well as pronounced financials’ weakness, fueled by reports of sketchy industry business practices. Against this backdrop, the S&P 500 and Nasdaq Composite have extended violations of major support — S&P 3,328 and Nasdaq 10,840 — moves initially registered to conclude last week.
6:56 a.m. Sept. 21, 2020
Fiverr Stock Can Gain More Than 70%, Fund Manager Says
The digitization of the economy, the rise of remote work, and global unemployment create major tailwinds for this company’s business model.
5:54 a.m. Sept. 21, 2020
- By Richard Eisenberg
Seven urgent changes needed to fix senior living Some perceive ‘senior living’ as ‘senior dying.’ The strategies a task force says will better serve residents, staff and familiesThe strategies a task force says will better serve residents, staff and families—but there are reality checks.
3:50 a.m. Sept. 21, 2020
This Stock Fund Has Soared More Than 30% This Year. Here’s How.
Its portfolio manager looks for companies with “the ability to grow a ton or shrink a lot” to determine what to buy or to bet against.
3:49 a.m. Sept. 21, 2020
Inside Saudi Arabia’s $360 Billion Sovereign-Wealth Fund
“With a great crisis, you have great opportunities,” Yasir al-Rumayyan, governor of Saudi Arabia’s investment fund, tells Barron’s.
3:48 a.m. Sept. 21, 2020
Why Albertsons Is a Buy: More Meals at Home and the Stock Is Cheap
The owner of the Safeway and Acme supermarket chains has potential and a dynamic CEO.
3:46 a.m. Sept. 21, 2020
The Greatest Trade of All Time—and What Bill Ackman Is Investing in Now
Bill Ackman’s Covid-19 bet turned $27 million into $3.6 billion in a matter of weeks. Here’s how he’s positioned now.
3:39 p.m. Sept. 20, 2020
- Associated Press
Des Moines pushes back as Iowa’s Trump-aligned governor insists on classroom return Gov. Kim Reynolds’s order allows waivers for online-only instruction only in school districts with 15% positivity rates in coronavirus testingGov. Kim Reynolds’s order allows waivers for online-only instruction only in school districts with 15% positivity rates in coronavirus testing.
5:00 a.m. Sept. 20, 2020
The U.S. Has a Deep Economic Racial Gap. How to Address the Challenges.
Some proposals from Morningstar’s staffers on how to lessen racial inequities in income and wealth, investment participation, and workplace diversity.
12:25 a.m. Sept. 20, 2020
- By Andrew Keshner
Some wealthy Americans are already prepping their finances for a Joe Biden presidency — here’s how One San Francisco accountant finishes every client conversation with a discussion about what a Biden administration could mean for portfoliosOne San Francisco accountant finishes every client conversation with a discussion about what a Biden administration could mean for portfolios.
8:58 a.m. Sept. 19, 2020
- By William Watts
Why one stock-market bull thinks it's 'pretty absurd' to compare tech selloff to 2000's dot-com bustHistory isn't repeating itself when it comes to the highflying technology stocks sector, according to one longtime Wall Street bull.
5:37 a.m. Sept. 19, 2020
- By Todd Jablonski
Zombie companies are proliferating — here’s how to keep them out of your stock portfolio Stick to mainly mega- and large-cap stocks and seek out ‘runners’ and ‘fighters’Stick to mainly mega- and large-cap stocks and seek out ‘runners’ and ‘fighters.’
4:30 p.m. Sept. 18, 2020
Fiscal Policy and the Rally In Tech Stocks
Letters on the tech bubble, electric-truck maker Nikola, investor protections, and ESG demand
4:28 p.m. Sept. 18, 2020
6 Potential Negative Consequences of Lower-for-Longer Interest Rates
Low interest rates foster persistent malinvestment, penalizing savers and worsening income inequality. Beware the growing list of zombie companies. Plus, investment commentary on intergenerational conflict, food-services sales.
1:37 p.m. Sept. 18, 2020
- By Therese Poletti
IPO like it’s 1999: Snowflake and other software stocks pop as market nears dot-com-boom levels First-day returns for market debuts are at their highest level since the bubble, professor says, and that data doesn’t include Snowflake and the rest of this week’s big software debutsAs the importance of cloud software has grown in the global pandemic, cloud-software companies have become the most stark example of initial public offerings reaching dot-com-boom levels — and beyond.
12:34 p.m. Sept. 18, 2020
- By Greg Robb
Fed’s Kashkari decries ‘absurd’ U.S. financial system that needs bailout every 10 years ‘How can it possibly be this fragile?’ Minneapolis Fed President asksMinneapolis Fed President Neel Kashkari on Friday called for meaningful banking and financial system reform.
11:36 a.m. Sept. 18, 2020
How to Invest for a Post-Covid World
The investing landscape has settled into a profoundly different new normal. Barron’s surveyed top advisors, money managers, and asset-allocation experts to determine the path forward. Reset your expectations.
9:48 a.m. Sept. 18, 2020
- By Mark Hulbert
What Snowflake and JFrog are telling us about the IPO market now vs. 1999 Average IPO first-day returns is a good measure of investor sentimentAverage IPO first-day returns is a good measure of investor sentiment.
8:01 a.m. Sept. 18, 2020
- By Michael Ashbaugh
Market rotation persists, S&P 500 maintains major support (3,328) Focus: QQQ narrowly holds key support, Metals & Mining sector breaks out, QQQ, XME, STLD, COF, MAXR, CFU.S. stocks are lower early Friday, pressured to conclude largely range-bound week-to-date price action. Against this backdrop, the S&P 500 has thus far maintained major support (3,328), tagging a week-to-date low (3,328.8) matching the inflection point.
6:39 a.m. Sept. 18, 2020
LSE Is in Exclusive Talks to Sell Borsa Italiana to Euronext. Here’s Why It Wants to Sell.
The deal for the Milan stock exchange and its electronic bond trading platform may be worth up to €4 billion.
4:39 a.m. Sept. 18, 2020
- By Steve Goldstein
Tech bubble? Credit Suisse strategists say 'no' but say it's time to get pickier with these stocksStrategists at Credit Suisse say the word "bubble" isn’t appropriate for the tech sector, but say it's time to get pickier.
3:00 a.m. Sept. 18, 2020
Why Investors Are Avoiding Turkey at Any Price
Turkey, with chronic high inflation, low savings and dependence on foreign capital, is having a tough time navigating the pandemic.
1:30 a.m. Sept. 18, 2020
Here’s What’s Working in the IPO Market Right Now: Almost Everything
Snowflake’s remarkable initial public offering this week was just the latest sign of insatiable investor hunger for new issues.
11:59 p.m. Sept. 17, 2020
- By Barbara Kollmeyer
European travel stocks slump amid rising concerns over second wave of coronavirus as M&A chatter lifts CovestroEuropean stocks were struggling for traction on Friday, with concerns over rising coronavirus cases weighing on airlines. Deal news drove down shares of CaixaBank and up shares of Covestro.
1:15 p.m. Sept. 17, 2020
Google-Backed American Well Stock Rises 28% in Market Debut
The telehealth company increased the size of its IPO late Wednesday and priced its deal above its anticipated range.
12:07 p.m. Sept. 17, 2020
Insurance Technology Is Hot. Zywave Is Selling for Up to $900M in Latest Deal.
Private-equity firm Clearlake Capital is buying Zywave from Aurora Capital Partners, the latest in a string of sales of an insurance technology company.
11:05 a.m. Sept. 17, 2020
- By Ciara Linnane
Coronavirus update: Global cases near 30 million; Trump contradicts CDC head on vaccine timetable and again derides face masks WHO official says it’s important to have ‘consistent messaging’ on pandemic from all public officials The number of confirmed cases of the coronavirus that causes COVID-19 worldwide continued to head toward 30 million on Thursday, and the U.S. case tally climbed above 6.6 million, as President Donald Trump contradicted the head of the main U.S. public health agency to insist a vaccine would be ready in weeks.