Ignore AMC: Here Are 3 Best Actions

It still happens. Reddit retail investors continue to overload market chaos AMC Entertainment Holdings (NYSE: AMC). AMC’s business has been battered by the pandemic and is struggling to stay afloat, but retail traders motivated by the meme mania for stocks have pushed the company’s shares up nearly 1,760% over the course of the year. of […]

Guangzhou Automobile Group (HKG: 2238) risky use of debt?

Legendary fund manager Li Lu (whom Charlie Munger supported) once said, “The biggest risk in investing is not price volatility, but the possibility that you will suffer a permanent loss of capital. When we think about how risky a business is, we always like to look at its use of debt because debt overload can […]


LISTING OF TAP ISSUE – FRX45 FirstRand Bank Limited(Incorporated in the Republic of South Africa)(Registration number: 1929/001225/06)Issuer code: FRIILEI: ZAYQDKTCATIXF9OQY690Bond code: FRX45ISIN: ZAG000076480(FRB) LISTING OF TAP ISSUE The JSE has granted FRB the additional listing of its FRX45 senior unsecured notes, in terms of its domesticmedium term note programme (the programme) dated 22 April 2008, […]

University union summit sees big changes in higher education

Higher education unions – representing incumbent faculty and auxiliaries, graduate students and other employees – gathered last week for the first Higher Education Work Summit: Building a movement to transform American higher education. And on Friday evening, those in attendance released a platform for consideration by the individual unions represented at the conference. Over 75 […]

A truly scalable student loan policy

But a near global loan forgiveness, such as the amount of up to $ 50,000 proposed by U.S. Senator Elizabeth Warren for households with annual incomes below $ 250,000, is like using a blunt instrument when scalpel may solve the problem. The Brookings Institution found that the poorest 60 percent of borrowers in terms of […]

Ola Electric raises $ 100 million in long-term debt from Bank of Baroda

Ola Electric, the electric vehicle (EV) arm of taxi aggregator Ola, announced on Monday that it had raised $ 100 million (Rs 744.5 crore) in long-term debt from the Bank of Baroda. The company claimed that it was the largest long-term debt financing deal for India’s electric vehicle industry. This 10-year debt will be used […]

“Shame, embarrassment, crushing debt”: what we heard this week

“Shame, embarrassment, crushing debt, try and try – it’s like, what’s left for you to give?” – Mahad Minhas, MD, resident physician at the University of Michigan at Ann Arbor, describing the desperation some students feel when they do not fit into a residency program. “It’s a double victory for these men.” – Anthony D’Amico, […]

Franklin Templeton MF unitholders will receive 3,303 cr03 in the fifth tranche

SBI Funds Management (SBI MF) will distribute the fifth tranche of ₹3,303 crore to unitholders of the six closed programs of Franklin Templeton Mutual Fund during the week beginning Monday. With this, the total disbursement will reach ₹21,080 crore, or 84% of assets under management (AUM) as of April 23, 2020, a spokesperson for Franklin […]