Author: Vitaliy Dadalyan

On eve of bankruptcy, U.S. firms shower execs with bonuses

Under a 2005 bankruptcy law, companies are banned, with few exceptions, from paying executives retention bonuses while in bankruptcy. Six of the 14 companies that approved bonuses within a month of their filings cited business challenges executives faced during the pandemic in justifying the compensation. Eight companies, including J.C. Penney Co Inc and Hertz Global Holdings Inc, approved bonuses as few as five days before seeking bankruptcy protection....

The SPY ETF Is a Great Hangout In These Turbulent Times

As investors we like to find individual stocks. No matter what our investment philosophy or risk tolerance, it's satisfying to find a stock to love. But in turbulent times like these, discretion can be the better part of valor. And that is a reason for you to consider the SPDR S&P 500 ETF (NYSEARCA:SPY). The SPY ETF is the world's largest exchange-traded fund (ETF).Source: Shutterstock If you're familiar with the benefits of ETFs, bear with me for a moment as I get the uninitiated up to speed. An ETF is similar to a mutual fund but shares of an ETF trade throughout a trading session just like shares of stock. And every ETF is tied to an index. Every ETF is an index fund but not every index fund is an ETF.With that in mind, the appeal of the SPY ETF is that it follows the S&P 500 index. Every day...

Daimler Must Wish It Had Kept That Tesla Stake

(Bloomberg Opinion) -- Tesla Inc.’s march to a $275 billion market capitalization has been pretty galling for Germany, the birthplace of the automobile. But the pain is felt most acutely at Daimler AG, which used to be a large Tesla shareholder.Had the owner of the luxury Mercedes-Benz brand kept hold of the almost 5 million shares it offloaded in 2014, they would now be worth about $7.3 billion by my calculation — a sum that’s equivalent to two-thirds of Daimler’s current net industrial cash position.(1)In the annals of ill-timed investment decisions, that stake sale doesn’t quite match the U.K.’s flogging off a big chunk of its gold reserves when prices bottomed out around the turn of the millennium. It still hurts, particularly at a time when industrial companies are counting every last cent.Fortunately there’s some good news to console Daimler’s long suffering shareholders. The company’s performance in the most recent quarter was a lot better than...

Fastly Stock: Traders Need To Slow Down

It's right there in the name. Fastly (NYSE:FSLY) stock has been giving traders gains at lightning speed. In fact, the stock has been a four-bagger already this year.Source: Pavel Kapysh / Shutterstock.com Fastly's bull case almost writes itself: The company serves up core internet functionality. It provides basic hosting and traffic routing for many of the internet's leading websites, and it adds in value-added services such as acceleration and cloud security as well.With the novel coronavirus shutting down much of the world's offices and in-person shopping locations, that activity has gone online. Fastly is cashing in on this switch.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe company announced fantastic earnings in May, and the stock has been sprinting since then. However, we're starting to see signs that the stock has run out of gas. * 15 Growth Stocks That Are Being Propped Up By Low RatesHere's how Fastly got...