In an exciting way to start the trading week, Keurig announced they are going to buy Dr. Pepper Snapple, creating a behemoth beverage company. The latest move will put 2017 annual revenues, pro forma, around $11B according to Seeking Alpha. With the two combining, there will be roughly 13% shares left to shareholders and Keurig will hold the remainder.
General Electric is apart of our lives in many different ways. From appliances to technology, we interact with the company more than we think. The past several months have been below average to say the least, and 2018 is proving to be no different. Just six months ago, the stock was trading between $24 and $26 dollar range, and now it sits around $16. This type of loss has investors questioning if the company is worth their time and money.
Amazon continues to grow and consume businesses in its wake. Toys R Us is the latest to announce their store closures due to bankruptcy, but some are surely still exposed. Bed Bath and Beyond is an established store that sells everything from product seen on television to dishes to fabric goods. This used to be an effective way to see many products, but now Amazon has stepped in with many more products and at a cheaper cost. Many are being exposed and this could be a nail in the coffin for a long standing company.
Someone once said that it’s not how the market performs during good news, but how the market reacts to negative news, giving investors a true insight to the health of the market. The government is on day 3 of the shutdown and in the previous week, the market added to its gains.
Apple is bringing back a large portion of their cash that was overseas, and this is a positive for the United States. What this means in the short term is employees are going to receive a bonus in the form of restricted stock. However, Apple still has a tax bill with the EU and that will need to be paid.
Roku is a streaming device that allows the user to stream Netflix and other apps right to their television. With the increasing popularity of cord cutting, these types of devices are gaining ground. However, with Roku, many believe that the stock is too high and this is because of smart televisions. Smart televisions essentially have a Roku built into the, in the essence anyone can stream Hulu or Netflix right from their television. The difference is with a smart television, a Roku is not needed.
Kodak, the once famous and well-known camera company is now struggling amongst advancing technology. Recently, they announced an ICO, which is an initial coin offering. Without going into the weeds, it is similar to an IPO you would see with a new stock gong public. KODAKCoin is the new cryptocurrency and it is aimed to help photographers.
China is the largest purchaser of United States debt, and news came out that the country might begin slowing their buying of U.S. treasuries as they are seeking better investment options. Currently, the United State is slowly raising interest rates and clearing the balance sheet. This was all in connection with the housing crisis of 2007 and 2008. The markets have since recovered but the mess still remains. With the news of China, bond prices increased and fear of supply and demand shifting.
Constellation Brands is responsible for the Mexican beer brands we know and love. From Corona to Modelo Especial, these beer brands have taken off in the United States and continue to become a staple in fridges everywhere. With craft beer being a main competitor, large corporations have begun purchasing bigger craft brewers in hopes of gaining space in this sector. Not only beer, but Svedka and Casa Noble are distributed by Constellation Brands.
Everyone new to Macroaxis, welcome! This is a new year and the perfect time to begin fresh. 2017 brought with it new investment opportunities such as Bitcoin and other cryptocurrencies. The Federal Reserve continued to raise rates and attempted to bump inflation. Most of the markets pushed higher for the year and the bull market continues into 2018.
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