, the owner of well-known brands like Sports Illustrated, Nine West, and Aeropostale. The asset management firm did not disclose financial details, but The Wall Street Journal reports the stake is worth about $875 million and values the company at more than $4 billion.
– The cloud data company announced a voting and standstill agreement with investor Carl Icahn, who disclosed an 18% stake in Cloudera earlier this month. Two Icahn employees have been appointed to the board of directors, with Icahn agreeing not to seek further board representation and limiting his ownership stake to no more than 20 percent.
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Volatility Isn’t Just for Stocks AnymoreFluctuations in oil, bond and currency markets have jumped this month amid U.S.-China trade tensions and fears of slowing economic growth. Investors are bracing for continued turbulence. I bet realDonaldTrump has been shorting commodities and buying futures just before placing tariffs on china....what do you think MarthaStewart ? I have to wonder why the markets would be worried about a trade war brought on by a petulant man-child in the White House, who has surrounded himself by a bunch of ignorant sycophants he doesn’t listen to anyway. What could go wrong?
Source: WSJ - 🏆 98. / 63 Read more »
Global Stocks Jump, Led by China ReboundStocks across the globe rallied, with Chinese markets advancing by the most in over a month, following a roller-coaster week in which U.S.-China trade tensions shook asset prices across the board.
Source: WSJ - 🏆 98. / 63 Read more »
European stocks set for higher open despite lingering trade concernsEuropean stocks are set to open higher on Monday following a volatile week for global markets as investors monitor escalations in the U.S.-China trade war.
Source: CNBC - 🏆 12. / 72 Read more »
Use Gelatin to Improve Pan Sauces, Store-Bought Stocks, and BeyondIf you've only ever used gelatin to whip up a batch of Jell-O or boxed pudding, you're missing out. Considering it's sold as a completely flavorless product, gelatin is one of the culinary world's greatest unsung heroes. It makes its way into countless sweet and savory preparations, from creamy panna cotta to tender, juicy meatloaf and just about everything in between. I've learned so much from you all, I appreciate it and thank you. But don't (and I'd bet many others) couldn't care less about the entire history and chemical makeup of each ingredient. GetToThePoint I never thought of adding gelatin to my store bought stock. Great tip!!! Thanks!
Source: seriouseats - 🏆 410. / 53 Read more »
Wall Street analysts worry these stocks are caught in the deepening US-China trade warCNBC combed through Wall Street research to see which stocks would be hurt most by the ongoing US-China trade war.
Source: CNBC - 🏆 12. / 72 Read more »
Democrats bash corporate greed, but more stocks for all Americans may be a better wealth redistribution methodDemocratic Party presidential candidates are talking about wealth inequality and corporate greed, but there is a lack of current focus on giving working Americans access to the best wealth generation tool: stock ownership. Wealth don't come from the sky. Work for it. CNBC🤥💩GREED is NOT GOOD A🕳s‼️Most🇺🇸 live paycheck to paycheck with no 💴 for stocks. Corporate🇺🇸would rather buy back stocks to profit their rich shareholders than raise wages or reinvest💰 so workers have a better quality of life. This redistribution 🐂💩 is CNBC propaganda‼️ Isn't that what caused the 1929 depression?
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