The data center provider CONE announced a 12% reduction in its workforce (55 employees) yesterday due to a reduction in demand from hyperscale customers. According to the CEO, this moderation is already evident from late…
After the company streamlined the business and focused only on the lucrative money management activities, it’s not surprising that it popped over the radar of potential buyers. There is a wide range of financial companies…
2019 finalized the second decade of the 21st century. A decade that opened after the acute crisis of 2008 and the prolonged recession that followed. The flow of trillions of dollars by central banks around…
VOYA completes its streamlining process. The company announced the signing of an agreement to sell all its individual life insurance and other legacy non-retirement annuities to Resolution Life Group Holdings for $1.7 billion. These are low-profitability…
I sold CARS at $12.7 as the business continues to shrink, and I don’t see the light at the end of the tunnel. The company’s marketing efforts are working and produce more entrances to its…
CyrusOne was hit by a ransomware attack One of the data centers of CyrusOne has suffered a ransomware attack. CyrusOne is currently working with law enforcement and forensics firms to investigate the attack and is…
Garret Motion is suing its former parent company, Honeywell International, for a liability imposed on it for workers’ compensation claims previously exposed to asbestos in the parent company plants. At the time of separation, Garrett…
One of my favorite quantitative investment strategies is Professor Joseph Piotroski’s scoring method, which proved to beat the market for decades. Now you can view Piotroski stocks worldwide in our Piotroski F-Score Screener. The advantage…
As I informed you a few weeks ago, today I sold RVI at an average price of $35.9 as the stock has reached its fair price. Remember that anyone who held the stock today will…
Recently, RVRA announced the sale of the remainder of its rights in Hugoton Basin for $295 million, and now the company has announced that it will distribute the money to investors through a huge dividend…