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Baystreet.ca - Novo Nordisk’s Stock Plunges 25% On Guidance Cut And CEO Appointment
Shares of Novo Nordisk (NVO) are down 25% after the European pharmaceutical giant lowered its full-year sales and profit guidance and announced a new chief executive officer (CEO). The company said it now expects full-year sales growth of 8% to ...
Baystreet.ca - 3D Flat on Release of NextDent
3D Systems (NYSE: DDD) shares gave way slightly Tuesday on announcing full commercial release of its NextDent® Jetted Denture Solution for the U.S. market. This first-to-market solution for jetted, monolithic (one-piece) dentures utilizes multiple materials ...
Baystreet.ca - Two Stocks in Focus: IBM and L3Harris
When IBM (IBM) posted solid second-quarter results, the stock lost its uptrend. Shares peaked at $296.16 and ended at $259.72 last Friday, July 25. IBM posted a 7.6% Y/Y rise in revenue, to $17 billion. It is forecasting revenue to grow by at least ...
Baystreet.ca - United Parcel Service Reports Mixed Financial Results
Shares of United Parcel Service (UPS) are down 4% after the logistics and delivery company reported mixed financial results for this year’s second quarter. The Atlanta, Georgia-based company, which is often seen as a bellwether for the U.S. ...
The British Navy snapped up so many of the good personnel - Marginal REVOLUTION
Circa WWI: Before the War Office had awoken to the demands of modern war, the Admiralty had. Put in its orders, protected its workers from conscription and claimed a large share of national steel production. Of the 480,000 protected industrial workers in July 1915, 400,000 belonged to the Admiralty, which controlled three-quarters of the maritime […]
EconLog Price Theory: Fentanyl - Econlib
We’re bringing back price theory with our series on Price Theory problems with Professor Bryan Cutsinger. You can see all of Cutsinger’s problems and solutions by subscribing to his EconLog RSS feed. Share your proposed solutions in the Comments. Professor Cutsinger will be present in the comments for the next couple of weeks, and we’ll post his […]
Financial economics is management thought: A narrative history of corporate finance theories advocating shareholder value constructions | Mostly Economics
Tiago Cardão-Pito of Universidade de Lisboa says financial economics is part of management thought: The purpose of this study is to demonstrate that financial economics must be understood as management thought. Key financial economic theories advocate a specific view of management and organizations, namely the maximization of shareholder value (wealth). This study’s methodology is a narrative…
Where Tokenized equities go next: Gemini’s Europe growth head weighs in - Fintech News
We’d also welcome a future where some companies directly issue tokenized shares, and list them natively on crypto exchanges like Gemini : Growth Head By Sneha Agrawal Gemini:- The tokenization of real company stocks or equities is emerging as the popular trend in web3. Leading Exchanges such as Kraken, Bybit, Gemini, OKX alongwith Solana and […]