Lululemon Making Big Bets On Tennis And Golf
Business

Lululemon Making Big Bets On Tennis And Golf

With summer almost here, at least one clothing retailer is counting on customers  getting out to hit some tee shots or play some tennis. Lululemon  (LULU) – Get Lululemon Athletica Inc Report is betting on large numbers of people playing them, or at least wearing the clothes. The athleisure chain’s latest collections are made specifically for use… […]

Las Vegas Strip Gets Some Surprising Sports News
Business

Las Vegas Strip Gets Some Surprising Sports News

Las Vegas has gone from Sin City to Sports City. Once off-limits to major sporting events, Las Vegas has become the hub of the sports world. Basically, if you need your sporting event to be seen as being massive then bring it to the Las Vegas Strip, or at least adjacent to that famous stretch of… […]

What Is a Dividend Payout Ratio? Definition, Calculation & Importance
Business

What Is a Dividend Payout Ratio? Definition, Calculation & Importance

The dividend payout ratio expresses dividends paid as a percentage of total earnings for a given period. Jorge Vasconez via Unsplash; CanvaWhat Is the Dividend Payout Ratio and What Does It Tell You? A company’s dividend payout ratio is the ratio of the dividends paid to shareholders over a given period to the company’s earnings for… […]

GSK’s antibiotic drug to treat uncomplicated UTIs meets main goals
Business

GSK’s antibiotic drug to treat uncomplicated UTIs meets main goals

April 15 (Reuters) – British drugmaker GSK (GSK.L) said on Saturday its oral antibiotic drug to treat uncomplicated urinary tract infections (uUTI) in female adults and adolescents met the main goals in late-stage trials.The drug, gepotidacin, in phase III trials, met its primary goals of being on a par or better than nitrofurantoin, the current… […]

Germany examining Chinese components in its 5G network, interior minister says
Business

Germany examining Chinese components in its 5G network, interior minister says

BERLIN, April 16 (Reuters) – Germany’s Interior Ministry is examining all Chinese components that are already installed in the country’s 5G network, Minister Nancy Faeser was quoted as saying on Sunday, as Berlin re-evaluates its relationship with top trade partner China.”We have to protect our communication networks,” Faeser told Bild am Sonntag newspaper, adding that… […]

Ferrari fever? Classic cars roar into investment funds
Business

Ferrari fever? Classic cars roar into investment funds

Rise of classic cars beats wine, watches and art – index1962 Ferrari fetches $48 mln, 1955 Mercedes-Benz $149 mlnAsset managers offer funds focused on vintage vehiclesElectrification to turn collector cars into ‘cult objects’MILAN, April 15 (Reuters) – In 1977, a Ferrari owner offloaded his 1962 250 GTO because his wife complained it was too noisy,… […]

Casino bondholders seeking better terms in Teract tie-up
Business

Casino bondholders seeking better terms in Teract tie-up

LONDON, April 15 (Reuters) – Some holders of bonds issued by French food retailer Casino (CASP.PA) are working with financial adviser Perella Weinberg Partners to push for better terms should the company’s planned tie-up with smaller food firm Teract proceed, three sources familiar with the matter said.The investors, who hold some Casino bonds maturing in… […]

G7 ministers agree to cut gas consumption and speed-up renewable energy
Business

G7 ministers agree to cut gas consumption and speed-up renewable energy

SAPPORO, Japan, April 15 (Reuters) – The Group of Seven rich nations have agreed to call for reducing gas consumption and increasing electricity from renewable sources while phasing out fossil-fuels faster and building no new coal-fired plants, France’s energy transition minister said on Saturday.G7 environment and energy ministers, however, could not agree on a specific… […]

Why I’m Not Worried About the Stock Market Crash
Business

Why I’m Not Worried About the Stock Market Crash

We’re not living in 1929. It’s important to remember that as we watch the stock market crash and our personal net worth take a big hit.While that has certainly happened, it’s important to note that the stock market isn’t the economy. We’re not on the cusp of the next Great Depression. Instead, we have a… […]

After Credit Suisse takeover, UBS gives first glimpse of new group
Business

After Credit Suisse takeover, UBS gives first glimpse of new group

ZURICH, Aug 29 (Reuters) – UBS (UBSG.S) will publish on Aug. 31 its first earnings report since a hastily arranged takeover of its Swiss rival Credit Suisse, shedding new light on the deal’s impact and the inner workings of the new banking giant.Besides its second quarter figures – delayed by over a monthbecause of the… […]