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seekingalpha.com 10hours ago

Alibaba: Don’t Buy Fair Businesses At Wonderful Prices (nyse:baba)

In my mind, the current situation surrounding Alibaba stock (NYSE:BABA) can be summarized as a fair business for sale at a wonderful price. Indeed, the stock is for sale at very attractive valuation multiples. As you can see from the chart below that summarizes BABA stock's valuation grade, the stock's P/E ratios are at a deep discount both relative to the sector median and its own 5-year average levels. In terms of Non-GAAP P/E, BABA's ratios are in the single digits only, compared to a sector median of around 15x.
Read by 35% of LPs

finance.yahoo.com 3 hours, 41 minutes ago

Rbc Global Asset Management Inc. Announces May Sales Results For Rbc Funds, Ph&n Funds And Bluebay Funds

RBC Global Asset Management Inc. ("RBC GAM Inc.") today announced May mutual fund net sales of $414 million. Long-term funds had net sales of $127 million and money market funds had net sales of $287 million. Mutual fund assets under management increased by 2.5 per cent.
Read by 39% of LPs

nytimes.com 4 hours, 11 minutes ago

Tesla Shareholders Approve Elon Musk's $45B Pay Package - The New York Times

The vote was seen as a referendum on his management of the electric car maker and on the limits of executive pay.
Read by 40% of LPs

vcnewsdaily.com 4 hours, 31 minutes ago

Indupro Raises $85M Series A Funding

SEATTLE, WA, InduPro today announced an $85 million Series A financing.
Read by 35% of LPs

finance.yahoo.com 4 hours, 41 minutes ago

Elon Musk Wins Tesla Shareholder Battle To Keep His Record-breaking Pay

Tesla (TSLA) shareholders re-approved Elon Musk's record-breaking pay pact and signed off on a new Texas incorporation, a show of support for the CEO as he fights legal battles on multiple fronts. "Hot damn I love you guys," Musk said after the votes were tabulated, while speaking at the company's annual shareholder meeting in Austin, Texas. The company did not immediately release the percentage of shareholders who voted for or against a $56 billion compensation package that was awarded in 2018 and then voided this year by a Delaware judge. The pay plan is now valued at roughly $48 billion.
Read by 67% of LPs

jdsupra.com 6 hours, 6 minutes ago

Eleventh Circuit's Fearless Fund Ruling And Its Potential Effect On The Use Of Race-conscious Criteria In Grantmaking | Faegre Drinker Biddle & Reath Llp

In the wake of last year's Supreme Court decision in Students for Fair Admissions, Faegre Drinker has been tracking numerous legal developments regarding the use of race-conscious criteria in various fields of endeavor, including employment matters, contracting, college admissions and scholarships, and charitable grantmaking. American Alliance for Equal Rights v. Fearless Fund Management LLC, et al., represents one of the most closely watched cases in this area. In this case, an activist...By: Faegre Drinker Biddle & Reath LLP.
Read by 68% of LPs

finance.yahoo.com 6 hours, 10 minutes ago

Led Lighting And Ev Charging Solutions Provider Orion To Participate In Virtual Fireside Chat At Noble Capital Markets Virtual Equity Conference Wed. June 26 At 12:30pm Et

MANITOWOC, Wis., June 13, 2024 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging station, and maintenance service solutions, announced it will participate at Noble Capital Markets' Consumer, Communications, Media, and Technology Emerging Growth Virtual Equity Conference on Wednesday, June 26k. CEO Mike Jenkins and CFO Per Brodin will present and participate in a fireside style Q&A session a.
Read by 78% of LPs

forbes.com 6 hours, 11 minutes ago

Can A Video Game Change Your Career Trajectory?

Gaming, revolution, workforce, training, tech hub, digital, global, gamer, career, trajectory, gen z,: Remember the first time you picked up a controller and realized that your hand-eye-decision coordination was making big moves? You! You were not just playing but building stories, resolving conflicts, and dictating direction, levels, and precision. Do you also remember that first time playing you realized what agency felt like, its empowerment, its "Hi World, It's Me. I'm Doing This. This Is How I Win." It was exhilarating. Games and play connected trajectory and reward early on, those mental circuits that serve social and emotional development.
Read by 55% of LPs

forbes.com 6 hours, 11 minutes ago

Patrick Kennedy Tackles Mental Health Stigma In Latest Book

Patrick J. Kennedy and Stephen Fried share stories of lived experience from individuals with mental illness in their latest book, Profiles in Mental Health Courage.
Read by 34% of LPs

finance.yahoo.com 6 hours, 11 minutes ago

Tyson Foods Suspends Cfo John R. Tyson After Arrest

(Reuters) -Tyson Foods has suspended its chief financial officer, John R. Tyson, after he was arrested on charges of allegedly driving while intoxicated, the company said on Thursday. The U.S. meatpacker said Curt Calaway, a senior finance executive at the company, will take over as interim CFO. Tyson, who is the great-grandson of the company's founder, John W. Tyson, was arrested by the University of Arkansas police and released nine hours later. John R. Tyson, who took charge as the company's CFO in 2022, could not be immediately reached for a comment.
Read by 69% of LPs

cnbc.com 6 hours, 11 minutes ago

Tesla Shareholder Vote On Musk Pay Plan Won't Clear 'legal Disputes'

While Tesla shareholders will vote on whether they think Elon Musk should get his mammoth pay package, the courts will have the final say.
Read by 65% of LPs