Category: Investor

Activist investor to Disney: Double streaming content budget

by  on  in Investor

Walt Disney Co. has already made a high-stakes bet to transform itself into a streaming video giant with Disney+. Now, with the COVID-19 pandemic still ravaging the entertainment industry, one of the most prominent activist investors is telling the company to double down.

Daniel Loeb, founder of hedge fund Third Point, wrote in a Wednesday letter to Disney Chief Executive Bob Chapek that the Burbank-based entertainment colossus should permanently cancel its annual dividend and funnel the savings to its streaming efforts.

By suspending its $3-billion dividend, Disney could “more than double” its budget for producing and acquiring content for its

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Premarket stocks: Investors are still in the dark as Trump returns to the White House

by  on  in Investor

What’s happening: Trump, who remains heavily medicated, is still infected with the coronavirus. However, his physician Dr. Sean Conley said it had been 72 hours since Trump’s last fever and that his oxygen levels were normal, insisting that the president met the criteria to be discharged.

Optimism about Trump’s condition, along with stimulus hopes, drove a sharp recovery in stocks on Monday. The S&P 500 finished 1.8% higher, while the Nasdaq Composite gained 2.3%.

Yet tons of variables remain, preventing the momentum from spilling over into another trading session.

Investors don’t have great information to work with. Conley — who … Read more

The News Investors Should Be Watching

by  on  in Investor

Today, the headlines were dominated by two stories. The first was that President Trump has tested positive for the novel coronavirus. This news, which has been credited with knocking down the markets, generated the most interest—and the most fear. The second story was that job growth continues to slow. Although this news will have a bigger impact over time, it has generated much less attention. Is this a classic example of what makes the headlines versus what really matters? Let’s take a closer look.

Markets React to Presidential Matters

Let’s start with the president. This news could

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Premarket stocks: What would a contested US election mean for investors?

by  on  in Investor

What’s happening: Trump failed to commit on Wednesday to a peaceful transition of power after Election Day, fueling concerns he may not relinquish his office should he lose in November.

“Well, we’re going to have to see what happens,” Trump said.

Why it matters: The political and democratic implications of such a comment merit their own debate. For Wall Street, however, it feeds fears that a contested election result and a potential constitutional crisis could spark weeks of uncertainty at a delicate moment for markets.

Though they’re still up dramatically from March lows, stocks have been shaky this week. … Read more

Mark Mobius interview: investing strategy, top global stock picks

by  on  in Investor

  • Mark Mobius, a legendary emerging-markets pioneer, examines a company’s return on capital, level of debt, and ability to improve earnings per share in dollar terms before scooping up undervalued stocks. 
  • Since founding his eponymous investment firm, he has started to engage with companies’ management to work on improving their corporate governance.
  • In an exclusive interview, the 84-year-old veteran investor, who has been dubbed the “Indiana Jones of emerging-markets investing,” shared his top stock picks in far-flung markets and most interesting due-diligence trips. 
  • Visit Business Insider’s homepage for more stories.

Mark Mobius was in South Africa when COVID-19 swept through

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