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Journal Editorial Report: Paul Gigot interviews Michael Pillsbury. Image: Anthony Kwan/Getty Images...
Journal Editorial Report: The tensions over reopening in the fall. Image: Octavio Jones/Getty Images...
Shares of Nikola Corporation (NASDAQ: NKLA) traded sharply lower Friday afternoon as the SEC released news of Nikola offering 23,890,000 common shares.The company's shares were already down almost 20% on the month before news of the offering hit. > "This prospectus relates to the issuance by us of up to an aggregate of up to 23,890,000 shares of our common stock, $0.0001 par value per share ("Common Stock"), which consists of (i) up to 890,000 shares of Common Stock that are issuable upon the exercise of 890,000 warrants (the "Private Warrants") originally issued in a private placement in connection with the initial public offering of VectoIQ and (ii) up to 23,000,000 shares of Common Stock that are issuable upon the exercise of 23,000,000 warrants (the "Public Warrants" and, together with the Private Warrants, the "Warrants") originally issued in the initial public offering of VectoIQ. We will receive the proceeds from any...
Welcome to another edition of my weekly review of dividend increases. I follow this process in order to monitor existing dividend holdings. It is helpful to see if my investments continue growing their dividends, and if my original investment thesis is working. I also find this process helpful, in order to identify companies for further research. WBA Riased […]...
The gold price remains above $1,800 an ounce, but where it will go next depends on what type of economic recovery we see. Many are expecting a V-shaped recovery. However, the resurgence in coronavirus cases in the U.S. suggests we could see a U-shaped or W-shaped economic recovery, which would impact gold prices. Gold outperformed while equities […]...
The current earnings reports that begin rolling out this week will be among the most important since the financial crisis, if not even before that. To explain why, let us start with some background data. Exhibit 1 plots the three major stock market indexes from the start of the year through the close on July 10, 2020. […]...
