How to Buy Mylan Stock in 2020

Adam Green

Mylan (NASDAQ:MYL) is a leading American pharmaceutical company specialized in generic drugs. It markets its products in more than 165 countries, employs over 35,000 people worldwide and is listed on the NASDAQ. Considering buying Mylan stock today? In this guide, we’ll walk you through how to choose the right broker, how to buy stocks and…

How to Buy Berkshire Hathaway Stock in 2020

Adam Green

Berkshire Hathaway (NYSE:BRK.B) is the company behind Warren Buffett’s legendary success. In addition to its presence in the stock market, Berkshire Hathaway’s business spans across sectors from insurance, utilities & energy to transportation, manufacturing and retail. Warren Buffett’s investment acumen helped grow Berkshire from a near-bankrupt textile company into one of the largest companies in…

John Paulson ups stake in Tiffany ahead of $16bn LVMH buyout

Alejandro Arrieche

Paulson & Co, the hedge fund run by billionaire investor John Paulson (pictured), has upped its stake in jewelry maker Tiffany & Co (TIF), which is in the middle of a sale to luxury goods giant LVMH. The New York-based investment fund disclosed a 350% increase in its stock position in Tiffany, owning 603,800 shares…

Spotify stock hits all-time high, signs exclusive podcast deal with Joe Rogan

Siraj Sarwar

Spotify (NYSE: SPOT) stock popped to a new all-time high on Tuesday after the music streaming company announced that it has signed an exclusive multi-year agreement with comedian and TV host Joe Rogan (pictured) for his podcast series, The Joe Rogan Experience. The show will begin from 1 September and will be exclusive on the…

L Brands earnings preview: Collapsed buyout deal leaves retailer with few options

Alejandro Arrieche

When the private equity swoop for Victoria Secret fell apart earlier this month, L Brands has been left to deal with distressed financials, closed stores, and a potential forced sale of its Bath & Body Works operation. The Ohio-based fashion retail group is set to report its first-quarter earnings on Thursday and analysts are expecting…

Man walking by closed Chanel boutique

Coronavirus: Chanel handbag price rises signals tougher times for luxury sector

Galina Mikova

French luxury house Chanel said it will increase in the prices on its handbags and some small leather goods worldwide on Wednesday to offset a rise in the cost of raw materials amid the coronavirus pandemic. Chanel said the price increases in euros ranged between 5% and 17%, in an emailed statement on Wednesday reported…

PayPal chief executive Dan Schulman

PayPal raises $4bn bond as sales surge

Alejandro Arrieche

Online payments firm PayPal plans to raise $4bn from the bond market to repay a revolving credit facility and other expenses, following strong quarterly results. The California-base platform, which also owns Venmo and Braintree, said in a press release on Monday it will offer investors four different corporate bond tranches of $1bn each due in…

Coronavirus has cost Europe’s richest man $30bn, LVHM’s Bernard Arnault is down but not out

Mohit Oberoi

Bernard Arnault (pictured), Europe’s richest man, is plotting a comeback after taking a $30bn hit from the coronavirus pandemic. Arnault, the 71-year old chairman and chief executive of LVHM, which owns more than 70 luxury brands, such as Louis Vuitton luggage, Moet & Chandon champagne and Givenchy fashion, has seen many crises. However, the pandemic…