Tag Archives: Peugeot

Financial Daily Dose 1.27.2020 | Top Story: Apple Stock Has Surged Over 2019, Consumers Divided on Future

BY: Juvian Hernandez | January 27, 2020

Apple stock has surged over the past year, but consumers are divided over the stock price’s future. Apple’s software services and hardware products create an identity crisis that impacts the company’s future valuations. – WSJ and Bloomberg Under Armour finds itself behind its competitors as consumers move toward athleisure. – NYT Attorneys general and the Justice Department are … Continue reading

Financial Daily Dose 12.18.2019 | Top Story: Fiat Chrysler and Peugeot Boards Agree to $50 Billion Merger

BY: Michael D. Reif | December 18, 2019

Fiat Chrysler and rival Peugeot have agreed to binding merger terms that, if approved by US and European regulators, would create a “$50 billion auto giant that would rank among the world’s largest car companies by sales” – WSJ and MarketWatch Freshly emboldened by a sizeable win in last week’s general election, UK PM Boris … Continue reading

Financial Daily Dose 11.04.2019 | Top Story: Feds Probe Under Armour Accounting Practices

BY: Michael D. Reif | November 4, 2019

Federal authorities have been looking into Under Armour’s accounting practices for the better part of the past two years, a revelation that sent company shares reeling in premarket trading this morning – Bloomberg and NYTimes and WSJ I mean, I’m still not 100% convinced, but all signs point to Saudi Aramco’s long-awaited IPO officially kicking … Continue reading

Financial Daily Dose 11.01.2019 | Top Story: Watching for the GM-strike Impact on the October Jobs Report

BY: Michael D. Reif | November 1, 2019

Jobs Report Friday again. Here’s what we’re watching, including the possibility of scary low numbers thanks to the only-recently-resolved GM strike – Bloomberg and NYTimes and WSJ A former chief of staff to WeWork co-founder Adam Neumann and a series of other women have filed gender discrimination claims against the company accusing it of what … Continue reading

Financial Daily Dose 10.30.2019 | Top Story: Fiat Chrysler and Peugeot in Merger Talks

BY: Michael D. Reif | October 30, 2019

Fiat Chrysler and France’s Peugeot are in the midst of merger talks that, if finalized, could “create a nearly $50 billion trans-Atlantic auto giant.” One option being bandied about in the “fluid” talks is an “all-share merger of equals” – WSJ and Bloomberg and NYTimes The FOMC wraps up its October rate-setting meeting this afternoon. … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | April 1, 2019

Lyft had a banner debut on the public markets, with its shares jumping 8.7% “after opening at $87.24, far above the public offering price of $72.” Some analysts are interpreting the strong showing as a sign that the gig economy is now officially part of the economic prime time – NYTimes and WSJ and Bloomberg … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | May 18, 2018

More trouble for Wells Fargo, as news emerged yesterday that some employees in the company’s business banking wholesale unit “altered information on documents related to corporate customers” without customers’ knowledge—apparently in an effort to “meet a deadline to comply with a regulatory consent order” related to the bank’s AML controls – WSJ and Bloomberg Chinese … Continue reading