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2a7af1ca
2a7af1ca
·
2021-09-08
Great article!
非常抱歉，此主贴已删除
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2a7af1ca
2a7af1ca
·
2021-09-03
Great article
August nonfarm payrolls increase 235,000 vs. 720,000 estimate
Job creation for August was a huge disappointment, with the economy adding just 235,000 positions, t
August nonfarm payrolls increase 235,000 vs. 720,000 estimate
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5
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2a7af1ca
2a7af1ca
·
2021-09-01
Great article
非常抱歉，此主贴已删除
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2a7af1ca
2a7af1ca
·
2021-08-30
Great Article
This Chinese EV Maker Expects To Sell More Cars Than Nio, XPeng In Q3
The U.S.-listed Chinese electric vehicle startups Nio, Inc. (NYSE: NIO) and XPeng, Inc. (NYSE: XPEV) invariably steal peer Li Auto Inc.
This Chinese EV Maker Expects To Sell More Cars Than Nio, XPeng In Q3
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2a7af1ca
2a7af1ca
·
2021-08-29
Great article
Wall Street Crime And Punishment: Bernard Ebbers And WorldCom's Seriously Wrong Numbers
Does crime pay? Among the mightiest of the high-profile corporate executives that dominated the head
Wall Street Crime And Punishment: Bernard Ebbers And WorldCom's Seriously Wrong Numbers
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2a7af1ca
2a7af1ca
·
2021-08-28
Great
非常抱歉，此主贴已删除
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2a7af1ca
2a7af1ca
·
2021-08-26
Great!
Lordstown Motors Appoints Daniel A. Ninivaggi as Chief Executive Officer
Lordstown Motors Corporation announced today that its Board of Directors has appointed Daniel A. Nin
Lordstown Motors Appoints Daniel A. Ninivaggi as Chief Executive Officer
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2a7af1ca
2a7af1ca
·
2021-08-23
Great!
My Top Renewable-Energy Stock to Buy Right Now
Key Points Renewable-power stocks are hot; oil stocks are not. But some oil companies are looking t
My Top Renewable-Energy Stock to Buy Right Now
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2a7af1ca
2a7af1ca
·
2021-08-16
Great article
Tilray Stock Is Probably Overvalued At This Price
Investors have unrealistic expectations for TLRY stock I believe that two of Tilray’s(NASDAQ:TLRY) p
Tilray Stock Is Probably Overvalued At This Price
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2a7af1ca
2a7af1ca
·
2021-08-15
Great article
Why Regulatory Risk Is A Silver Lining For Apple And Google
The threat of regulation has been looming over big tech giants such as Apple Inc. (NASDAQ: AAPL) and
Why Regulatory Risk Is A Silver Lining For Apple And Google
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At stake for now is the Fed’s massive monthly bond-buying program, which could start getting scaled back before the end of the year.</p>\n<p>However, if the jobs data gets softer that could prompt Fed officials to wait until 2022 before tightening.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>August nonfarm payrolls increase 235,000 vs. 720,000 estimate</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAugust nonfarm payrolls increase 235,000 vs. 720,000 estimate\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-03 20:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Job creation for August was a huge disappointment, with the economy adding just 235,000 positions, the Labor Department reported Friday.</p>\n<p>Economists surveyed by Dow Jones had been looking for 720,000 new hires.</p>\n<p>The unemployment rate dropped to 5.2% from 5.4%, in line with estimates.</p>\n<p>August’s total was the worst since January and comes with heightened fears of the pandemic and the impact that rising Covid cases could have on what has been so far a mostly robust recovery.</p>\n<p>Weekly jobless filings have fallen to their lowest levels since the early days of the pandemic in March 2020, but a large employment gap remains.</p>\n<p>It’s not that there aren’t enough jobs out there: Placement firm Indeed estimates that there are about 10.5 million openings now, easily a record for the U.S. labor market.</p>\n<p>Federal Reserve officials are watching the jobs numbers closely for clues as to whether they can start easing back some of the policy help they’ve been providing since the pandemic started.</p>\n<p>In recent weeks, central bank leaders have expressed optimism about the employment picture but said they would need to see continued strength before changing course. At stake for now is the Fed’s massive monthly bond-buying program, which could start getting scaled back before the end of the year.</p>\n<p>However, if the jobs data gets softer that could prompt Fed officials to wait until 2022 before tightening.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136001031","content_text":"Job creation for August was a huge disappointment, with the economy adding just 235,000 positions, the Labor Department reported Friday.\nEconomists surveyed by Dow Jones had been looking for 720,000 new hires.\nThe unemployment rate dropped to 5.2% from 5.4%, in line with estimates.\nAugust’s total was the worst since January and comes with heightened fears of the pandemic and the impact that rising Covid cases could have on what has been so far a mostly robust recovery.\nWeekly jobless filings have fallen to their lowest levels since the early days of the pandemic in March 2020, but a large employment gap remains.\nIt’s not that there aren’t enough jobs out there: Placement firm Indeed estimates that there are about 10.5 million openings now, easily a record for the U.S. labor market.\nFederal Reserve officials are watching the jobs numbers closely for clues as to whether they can start easing back some of the policy help they’ve been providing since the pandemic started.\nIn recent weeks, central bank leaders have expressed optimism about the employment picture but said they would need to see continued strength before changing course. At stake for now is the Fed’s massive monthly bond-buying program, which could start getting scaled back before the end of the year.\nHowever, if the jobs data gets softer that could prompt Fed officials to wait until 2022 before tightening.","news_type":1},"isVote":1,"tweetType":1,"viewCount":331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816687714,"gmtCreate":1630496951338,"gmtModify":1633677665373,"author":{"id":"4087890727315560","authorId":"4087890727315560","name":"2a7af1ca","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087890727315560","authorIdStr":"4087890727315560"},"themes":[],"htmlText":"Great article ","listText":"Great article ","text":"Great article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/816687714","repostId":"2164894025","repostType":4,"isVote":1,"tweetType":1,"viewCount":405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811460520,"gmtCreate":1630336958260,"gmtModify":1704958773319,"author":{"id":"4087890727315560","authorId":"4087890727315560","name":"2a7af1ca","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087890727315560","authorIdStr":"4087890727315560"},"themes":[],"htmlText":"Great Article ","listText":"Great Article ","text":"Great Article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/811460520","repostId":"2163827228","repostType":4,"repost":{"id":"2163827228","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1630335873,"share":"https://www.laohunote.com/m/news/2163827228?lang=&edition=full","pubTime":"2021-08-30 23:04","market":"us","language":"en","title":"This Chinese EV Maker Expects To Sell More Cars Than Nio, XPeng In Q3","url":"https://stock-news.laohu8.com/highlight/detail?id=2163827228","media":"Benzinga","summary":"The U.S.-listed Chinese electric vehicle startups Nio, Inc. (NYSE: NIO) and XPeng, Inc. (NYSE: XPEV) invariably steal peer Li Auto Inc.","content":"<p>The U.S.-listed Chinese electric vehicle startups <b>Nio, Inc. </b>(NYSE:NIO) and <b>XPeng, Inc. </b>(NYSE:XPEV) invariably steal peer <b>Li Auto Inc. </b>(NASDAQ:LI)'s thunder. The underdog, however, is slowly and steadily emerging from the shadows of the more flamboyant Nio and XPeng.</p>\n<p><b>What Happened: </b> Li Auto announced Monday it expects to deliver between 25,000 and 26,000 vehicles in the third quarter, representing year-over-year growth of 188%-200%.</p>\n<p>This compares favorably to deliveries guidance issued by Li's Chinese peers. Nio guided to third-quarter deliveries of 23,000 to 25,000 vehicles and XPeng expects quarterly deliveries to range between 21,000 and 22,500 units.</p>\n<p>Li Auto's third-quarter revenue guidance of 6.98 billion yuan to 7.25 billion yuan ($1.08 billion-$1.12 billion) is notably above the consensus estimate of 5.26 billion yuan.</p>\n<p>For the second quarter, Li Auto reported revenues of 5.04 billion yuan, up 40.9% and exceeding the consensus estimate of 4.41 billion yuan.</p>\n<p>The company clocked record July deliveries of 8,589 units.</p>\n<p><b>Why It's Important: </b>Li Auto sells a lone SUV EV model, the Li ONE. In late May, the company launched the latest version of its Li ONE, with improvements in the powertrain system, driving assistance system, intelligent cockpit and user experience. Deliveries of the refreshed model began June 1.</p>\n<p>The company is also planning to launch a series of major over-the-air upgrades by the end of the year.</p>\n<p>Li Auto's strong guidance is even more commendable because it has come amid a macroeconomic backdrop in which chip shortages have constrained the production of major automakers.</p>\n<p>At last check, Li Auto shares were slipping 3.92% to $28.19.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Chinese EV Maker Expects To Sell More Cars Than Nio, XPeng In Q3</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Chinese EV Maker Expects To Sell More Cars Than Nio, XPeng In Q3\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-30 23:04</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The U.S.-listed Chinese electric vehicle startups <b>Nio, Inc. </b>(NYSE:NIO) and <b>XPeng, Inc. </b>(NYSE:XPEV) invariably steal peer <b>Li Auto Inc. </b>(NASDAQ:LI)'s thunder. The underdog, however, is slowly and steadily emerging from the shadows of the more flamboyant Nio and XPeng.</p>\n<p><b>What Happened: </b> Li Auto announced Monday it expects to deliver between 25,000 and 26,000 vehicles in the third quarter, representing year-over-year growth of 188%-200%.</p>\n<p>This compares favorably to deliveries guidance issued by Li's Chinese peers. Nio guided to third-quarter deliveries of 23,000 to 25,000 vehicles and XPeng expects quarterly deliveries to range between 21,000 and 22,500 units.</p>\n<p>Li Auto's third-quarter revenue guidance of 6.98 billion yuan to 7.25 billion yuan ($1.08 billion-$1.12 billion) is notably above the consensus estimate of 5.26 billion yuan.</p>\n<p>For the second quarter, Li Auto reported revenues of 5.04 billion yuan, up 40.9% and exceeding the consensus estimate of 4.41 billion yuan.</p>\n<p>The company clocked record July deliveries of 8,589 units.</p>\n<p><b>Why It's Important: </b>Li Auto sells a lone SUV EV model, the Li ONE. In late May, the company launched the latest version of its Li ONE, with improvements in the powertrain system, driving assistance system, intelligent cockpit and user experience. Deliveries of the refreshed model began June 1.</p>\n<p>The company is also planning to launch a series of major over-the-air upgrades by the end of the year.</p>\n<p>Li Auto's strong guidance is even more commendable because it has come amid a macroeconomic backdrop in which chip shortages have constrained the production of major automakers.</p>\n<p>At last check, Li Auto shares were slipping 3.92% to $28.19.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","LI":"理想汽车","XPEV":"小鹏汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163827228","content_text":"The U.S.-listed Chinese electric vehicle startups Nio, Inc. (NYSE:NIO) and XPeng, Inc. (NYSE:XPEV) invariably steal peer Li Auto Inc. (NASDAQ:LI)'s thunder. The underdog, however, is slowly and steadily emerging from the shadows of the more flamboyant Nio and XPeng.\nWhat Happened: Li Auto announced Monday it expects to deliver between 25,000 and 26,000 vehicles in the third quarter, representing year-over-year growth of 188%-200%.\nThis compares favorably to deliveries guidance issued by Li's Chinese peers. Nio guided to third-quarter deliveries of 23,000 to 25,000 vehicles and XPeng expects quarterly deliveries to range between 21,000 and 22,500 units.\nLi Auto's third-quarter revenue guidance of 6.98 billion yuan to 7.25 billion yuan ($1.08 billion-$1.12 billion) is notably above the consensus estimate of 5.26 billion yuan.\nFor the second quarter, Li Auto reported revenues of 5.04 billion yuan, up 40.9% and exceeding the consensus estimate of 4.41 billion yuan.\nThe company clocked record July deliveries of 8,589 units.\nWhy It's Important: Li Auto sells a lone SUV EV model, the Li ONE. In late May, the company launched the latest version of its Li ONE, with improvements in the powertrain system, driving assistance system, intelligent cockpit and user experience. Deliveries of the refreshed model began June 1.\nThe company is also planning to launch a series of major over-the-air upgrades by the end of the year.\nLi Auto's strong guidance is even more commendable because it has come amid a macroeconomic backdrop in which chip shortages have constrained the production of major automakers.\nAt last check, Li Auto shares were slipping 3.92% to $28.19.","news_type":1},"isVote":1,"tweetType":1,"viewCount":329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813553337,"gmtCreate":1630217801329,"gmtModify":1704957181262,"author":{"id":"4087890727315560","authorId":"4087890727315560","name":"2a7af1ca","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087890727315560","authorIdStr":"4087890727315560"},"themes":[],"htmlText":"Great article ","listText":"Great article ","text":"Great article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/813553337","repostId":"1184130616","repostType":4,"repost":{"id":"1184130616","kind":"news","pubTimestamp":1630111537,"share":"https://www.laohunote.com/m/news/1184130616?lang=&edition=full","pubTime":"2021-08-28 08:45","market":"us","language":"en","title":"Wall Street Crime And Punishment: Bernard Ebbers And WorldCom's Seriously Wrong Numbers","url":"https://stock-news.laohu8.com/highlight/detail?id=1184130616","media":"Benzinga","summary":"Does crime pay?\nAmong the mightiest of the high-profile corporate executives that dominated the head","content":"<p><i>Does crime pay?</i></p>\n<p>Among the mightiest of the high-profile corporate executives that dominated the headlines in the 1990s and early 2000s,<b>Bernard Ebbers</b>physically stood out from his peers — the 6-foot-4 head of WorldCom was dubbed the “telecom cowboy” thanks to his sartorial preference for jeans, cowboy boots and a 10-gallon hat.</p>\n<p>Ebbers also stood out from his peers for tightly holding on to Luddite practices as the digital age dawned. He famously refused to communicate with his workforce via email. Even worse, he stood out thanks to a prickly personality that quickly seethed when confronted with unpleasant news. A 2002 profile in The Economist defined him as “parochial, stubborn, preoccupied with penny-pinching … a difficult man to work for.”</p>\n<p><b>But ultimately, Ebbers stood out for being at the center of what was (at the time) the largest accounting fraud in U.S. history, which was followed by the harshest prison sentence ever imposed on a corporate executive for financial crimes.</b></p>\n<p><b>A Man In Search Of Himself:</b> Bernard John Ebbers was born Aug. 27, 1941, in Edmonton, Alberta, the second of five children. His father John was a traveling salesman and his peripatetic profession brought the family down from Canada into California, where he jettisoned his sales work and became an auto mechanic. The family later relocated to Gallup, New Mexico, where Ebbers’ parents became teachers on the Navajo Nation Indian reservation.</p>\n<p>The Ebbers clan was back in Canada when Ebbers was a teenager and Bernie (as he was commonly known) came into adulthood unable to determine a course for his life. He attended Canada’s University of Alberta and Michigan’s Calvin College before accepting a basketball scholarship to Mississippi College. But he was the victim of a robbery prior to his senior year that left him seriously injured and switched his attention from playing to coaching the junior varsity team.</p>\n<p>Ebbers graduated in 1967 majoring in physical education and minoring in secondary education. He supported himself during his college years by taking on a variety of odd jobs including a bouncer and milk delivery driver. He married his college sweetheart,<b>Linda Pigott,</b>after graduating and landed work teaching science to middle-school students while coaching high school basketball.</p>\n<p>But Ebbers didn’t stay very long in the school system. When his wife received a job offer as a teacher in another Mississippi town, the couple relocated and he found work managing a garment factory warehouse. By 1974, he tired of working for others and responded to a newspaper advertisement seeking a buyer for a motel in Columbia, Mississippi.</p>\n<p>Ebbers’ approach to running a hospitality establishment sometimes bordered on the eccentric. He would distribute bathroom towels at the front desk and require guests to return them to avoid being charged for taking them. Nonetheless, he found a niche in hospitality management and by the early 1980s he owned and operated eight motels within Mississippi and Texas; he also picked up a car dealership that also proved profitable.</p>\n<p><b>Calling Out Around The World:</b>Ebbers might have remained in the Mississippi hospitality industry had it not been for the 1982 breakup of<b>AT&T Inc.'s</b> T 0.41%monopoly on the U.S. telephone system. This created a seismic shift in the telecommunications world by enabling other companies to begin reselling long-distance telephone services.</p>\n<p>In 1983, Ebbers and three friends met at a diner in Hattiesburg, Mississippi, to consider the feasibility of pursuing this newly opened opportunity. Ebbers theorized that having control of his long-distance calling services could benefit his motel business. In the days before mobile phones, guests in lodging establishments in need of long-distance calling would either have to feed handfuls of quarters into payphones or make calls from their rooms, which usually came with extra fees.</p>\n<p>Ebbers and his pals decided to get into the telecommunications business with <b>Long Distance Discount Services,</b> which they established in 1985 with headquarters in Jackson, Mississippi, with Ebbers as CEO.</p>\n<p><b>Carl J. Aycock,</b>a Mississippi financial advisor who was among the early investors in LDDS, would later laugh at the unlikelihood of Ebbers running a telecom company.</p>\n<p>“The only experience Bernie had before operating a long-distance company was he used the phone,” Aycock quipped in a 1997 interview.</p>\n<p>Maybe Ebbers did not possess an encyclopedic knowledge of telecommunications technology, but the good fortune he enjoyed in the motel business transitioned to this unlikely setting. Within four years of its launch, LDDS was being publicly traded.</p>\n<p>Within 10 years of its opening, LDDS took on an almost Pac Man-style persona of gobbling up telecom firms in sight of the company, acquiring more than 60 different telecommunications company. By 1995, the company renamed itself LDDS WorldCom.</p>\n<p>Many of the company’s acquisitions were on the small side, and the company was never considered a major player in the telecom industry until its $720 million acquisition of <b>Advanced Telecommunications Corporation</b> in 1992.</p>\n<p>The unlikely acquisition came with Ebbers’ ability to outbid industry titans AT&T and <b>Sprint Corporation,</b>both considerably larger players in this field.</p>\n<p>The one unfortunate development during this time was the end of Ebbers’ marriage in 1997. He remarried in 1999 to <b>Kristie Webb.</b></p>\n<p>In February 1998, Ebbers’ company launched its acquisition plans for <b>CompuServe</b> from <b>H&R Block Inc</b>.</p>\n<p>This transaction was followed by an astonishing spin of assets: LDDS sold the CompuServe Information Service portion of its acquisition to<b>America Online,</b>while retaining the CompuServe Network Services portion of the business. AOL simultaneously sold LDDS WorldCom its networking division, Advanced Network Services.</p>\n<p>In September 1998, LDDS WorldCom sealed a $37 billion union with <b>MCI Communications,</b>which created the largest corporate merger in U.S. history. The combined entity became MCI WorldCom, and for Ebbers it seemed that the sky was the limit — except that Ebbers’ ability to soar in the corporate skies resulted in an Icarus-worthy predicament.</p>\n<p><b>A Little Out Of Touch:</b>One year after the CompuServe and MCI deals, Ebbers’ company boasted an 80,000-person workforce, a market capitalization of roughly $185 billion and its shares were trading at a peak of nearly $62.</p>\n<p>At the peak of the company’s success, Ebbers granted an interview to The New York Times aboard his 130-yacht, which he berthed in the resort town of Hilton Head, South Carolina. He claimed that the secret of his success was “not as complicated as people make it out to be,” adding that he surrounded himself with experts who advised him on which moves to make.</p>\n<p>“I’m not an engineer by training,” he said. “I’m not an accountant by training. I’m the coach. I’m not the point guard who shoots the ball.”</p>\n<p>But as the company grew larger, Ebbers penny-pinching behavior during his early motel management days became more extreme. WorldCom executives would later complain that Ebbers stopped providing free coffee within their offices and directed security guards fill the water coolers with tap water.</p>\n<p>And for the head of a telecommunications company, Ebbers was curiously distrustful of cutting-edge tech developments. He refused to communicate via email and would not carry a pager or a cell phone. He would explain his actions internally by repeating “That’s the way we did it at LDDS,” and in a 1997 Business Week interview about this behavior he claimed that “when you come to the table with a (physical education) degree like I do, you don't know a lot about the technical stuff.”</p>\n<p>While Ebbers’ arms-length distance from personal technology could have been attributed to a zany quirk, there was another problem that couldn’t be happily shrugged away. As the company expanded, operational problems began to permeate the multiple divisions. Ebbers would become impatient or worse when confronted with problems, to the point that he would angrily demand that he only wanted to be addressed with good news.</p>\n<p><b>In retrospect, Ebbers’ refusal to acknowledge that his company was growing too fast and too large proved to be a fatal flaw</b>, especially when the corporate culture began to manufacture good news in lieu of reporting problems. As a result, Ebbers’ XL-sized business empire was sustained by taking on massive amounts of debt and highly improper accounting.</p>\n<p><b>Detour Off The Cliff:</b>The first cracks in this corporate story began in October 1999 when MCI WorldCom — which had become the second-largest long-distance telephone company in the country — announced a $129 billion merger with Sprint, the third-largest telecom carrier. Within nine months of this announcement, the merger was canceled in the face of pressure from U.S. and European regulators who feared a telecom monopoly would be born from this union. MCI WorldCom walked away from the failure by renaming itself as WorldCom.</p>\n<p>With the rise of the new millennium came the fall of the dot-com industry, and almost any company that had a tech-related aspect found itself taking a financial tumble. When Ebbers’ company tried to cut corners and save money, it turned into an act of self-immolation.</p>\n<p>Worldcom’s network systems engineering division exhausted its annual capital expenditures budget by November 2000, with a senior manager ordering a halt to processing payments for network systems vendors and suppliers until the beginning of 2001.</p>\n<p>The company’s chief technical officer,<b>Fred Briggs,</b>then ordered all of the labor associated with the capital projects in the network systems division to be booked as an expense rather than a capital project — and his directive was shared with other divisions in the company.</p>\n<p>A WorldCom budget analyst named <b>Kim Amigh</b>in the company’s Richardson, Texas, office recognized the legal ramifications of intentionally mischaracterizing capital expenses and lodged a protest against the order. The directive was canceled and so was Amigh — three months after his action, Amigh was abruptly laid off from the company.</p>\n<p>But Vice President of Internal Audit <b>Cynthia Cooper</b> learned of Amigh’s findings and picked up his trail. Her department began combing through WorldCom’s accounts and found $2 billion that the company claimed in its public filings was spent on capital expenditures during the first three quarters of 2001 — except that the funds were never authorized for that purpose and were clearly operating costs moved into the capital expenditure accounting as a way to make WorldCom look more profitable.</p>\n<p>Cooper could not find anyone in the WorldCom leadership ranks to explain the $2 billion discrepancy. Most executives said it was a “prepaid capacity,” a meaningless term which they couldn’t define when pressed by Cooper.</p>\n<p>And Cooper was not alone in her suspicions. The U.S. Securities and Exchange Commission could not fathom how WorldCom continued to claim robust profits during the dot-com period while its competitors were operating at a loss, and it sent forth a “Request for Information” to learn the secret of its success.</p>\n<p>Adding to this chaos were Ebbers’ personal financial woes, which became exacerbated during to dot-com crisis by margin calls on his WorldCom shares, which were tanking as the economy plummeted into a recession.</p>\n<p>To alleviate his monetary pain, Ebbers borrowed $50 million from WorldCom in September 2000 — and then borrowed again and again. By April 2002, Ebbers was $400 million in debt to WorldCom and the board of directors demanded his resignation, which he provided.</p>\n<p>In June 2002, WorldCom acknowledged its earnings reports contained $3.9 billion in accounting misstatements, with the figure later adjusted to $11 billion. In July 2002, the company declared bankruptcy and was delisted from public trading. Also during that month, Ebbers was called before the U.S. House of Representatives Committee on Financial Services to explain what happened. He pleaded the Fifth Amendment.</p>\n<p><b>Road’s End:</b>The efforts to bring Ebbers to trial got off to a weird start when the State of Oklahoma jumped the gun with a 15-count indictment, only to drop its charges in favor of federal prosecution.</p>\n<p>Ebbers was indicted in May 2004 on seven counts of filing false statements with securities regulators plus one count each of conspiracy and securities fraud. Ebbers agreed to testify on his behalf, which many observers later considered to be a major mistake because he came across as evasive and unconvincing when insisting WorldCom’s downfall was solely the fault of his subordinates and that he was ignorant about how his company worked.</p>\n<p>“I know what I don’t know,” Ebbers said during his trial. “To this day, I don’t know technology, and I don’t know finance or accounting.”</p>\n<p>Ebbers was found guilty on all counts and was sentenced to 25 years in prison, the longest sentence ever handed down in U.S. history for a financial fraud case against a corporate executive.</p>\n<p>He remained free on bail while fighting to overturn the verdict, but the conviction was upheld in the U.S. Court of Appeals for the Second Circuit in July 2006. Two months later, he drove himself in his luxury Mercedes-Benz to a low-security Louisiana prison to begin his sentence. Two years later, his wife Kristie successfully filed for divorce.</p>\n<p>After 13 years behind bars, Ebbers was granted a compassionate release on Dec. 21, 2019, due to a deteriorating state of health that included macular degeneration that left him legally blind, anemia, a weakened heart condition and the beginnings of dementia. He returned to his home in Brookhaven, Mississippi, and passed away on Feb. 2, 2020.</p>\n<p>In defining his rise to the top, Ebbers harkened back to his basketball days by insisting, “The coach's job is to get the best players and get them to play together.” But in explaining his fall from grace, Ebbers forgot that the core of coaching is accepting responsibility for the team’s performance and he blamed his “best players” for not being able to “play together” while absolving himself from their errors.</p>\n<p>Said Ebbers when confronted with his ultimate failure as the corporate equivalent of a coach: “I didn't have anything to apologize for.”</p>\n<p></p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Crime And Punishment: Bernard Ebbers And WorldCom's Seriously Wrong Numbers</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Crime And Punishment: Bernard Ebbers And WorldCom's Seriously Wrong Numbers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-28 08:45 GMT+8 <a href=https://www.benzinga.com/news/21/08/22680432/wall-street-crime-and-punishment-bernard-ebbers-and-worldcoms-seriously-wrong-numbers><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Does crime pay?\nAmong the mightiest of the high-profile corporate executives that dominated the headlines in the 1990s and early 2000s,Bernard Ebbersphysically stood out from his peers — the 6-foot-4 ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/08/22680432/wall-street-crime-and-punishment-bernard-ebbers-and-worldcoms-seriously-wrong-numbers\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HRB":"H&R布洛克税务"},"source_url":"https://www.benzinga.com/news/21/08/22680432/wall-street-crime-and-punishment-bernard-ebbers-and-worldcoms-seriously-wrong-numbers","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184130616","content_text":"Does crime pay?\nAmong the mightiest of the high-profile corporate executives that dominated the headlines in the 1990s and early 2000s,Bernard Ebbersphysically stood out from his peers — the 6-foot-4 head of WorldCom was dubbed the “telecom cowboy” thanks to his sartorial preference for jeans, cowboy boots and a 10-gallon hat.\nEbbers also stood out from his peers for tightly holding on to Luddite practices as the digital age dawned. He famously refused to communicate with his workforce via email. Even worse, he stood out thanks to a prickly personality that quickly seethed when confronted with unpleasant news. A 2002 profile in The Economist defined him as “parochial, stubborn, preoccupied with penny-pinching … a difficult man to work for.”\nBut ultimately, Ebbers stood out for being at the center of what was (at the time) the largest accounting fraud in U.S. history, which was followed by the harshest prison sentence ever imposed on a corporate executive for financial crimes.\nA Man In Search Of Himself: Bernard John Ebbers was born Aug. 27, 1941, in Edmonton, Alberta, the second of five children. His father John was a traveling salesman and his peripatetic profession brought the family down from Canada into California, where he jettisoned his sales work and became an auto mechanic. The family later relocated to Gallup, New Mexico, where Ebbers’ parents became teachers on the Navajo Nation Indian reservation.\nThe Ebbers clan was back in Canada when Ebbers was a teenager and Bernie (as he was commonly known) came into adulthood unable to determine a course for his life. He attended Canada’s University of Alberta and Michigan’s Calvin College before accepting a basketball scholarship to Mississippi College. But he was the victim of a robbery prior to his senior year that left him seriously injured and switched his attention from playing to coaching the junior varsity team.\nEbbers graduated in 1967 majoring in physical education and minoring in secondary education. He supported himself during his college years by taking on a variety of odd jobs including a bouncer and milk delivery driver. He married his college sweetheart,Linda Pigott,after graduating and landed work teaching science to middle-school students while coaching high school basketball.\nBut Ebbers didn’t stay very long in the school system. When his wife received a job offer as a teacher in another Mississippi town, the couple relocated and he found work managing a garment factory warehouse. By 1974, he tired of working for others and responded to a newspaper advertisement seeking a buyer for a motel in Columbia, Mississippi.\nEbbers’ approach to running a hospitality establishment sometimes bordered on the eccentric. He would distribute bathroom towels at the front desk and require guests to return them to avoid being charged for taking them. Nonetheless, he found a niche in hospitality management and by the early 1980s he owned and operated eight motels within Mississippi and Texas; he also picked up a car dealership that also proved profitable.\nCalling Out Around The World:Ebbers might have remained in the Mississippi hospitality industry had it not been for the 1982 breakup ofAT&T Inc.'s T 0.41%monopoly on the U.S. telephone system. This created a seismic shift in the telecommunications world by enabling other companies to begin reselling long-distance telephone services.\nIn 1983, Ebbers and three friends met at a diner in Hattiesburg, Mississippi, to consider the feasibility of pursuing this newly opened opportunity. Ebbers theorized that having control of his long-distance calling services could benefit his motel business. In the days before mobile phones, guests in lodging establishments in need of long-distance calling would either have to feed handfuls of quarters into payphones or make calls from their rooms, which usually came with extra fees.\nEbbers and his pals decided to get into the telecommunications business with Long Distance Discount Services, which they established in 1985 with headquarters in Jackson, Mississippi, with Ebbers as CEO.\nCarl J. Aycock,a Mississippi financial advisor who was among the early investors in LDDS, would later laugh at the unlikelihood of Ebbers running a telecom company.\n“The only experience Bernie had before operating a long-distance company was he used the phone,” Aycock quipped in a 1997 interview.\nMaybe Ebbers did not possess an encyclopedic knowledge of telecommunications technology, but the good fortune he enjoyed in the motel business transitioned to this unlikely setting. Within four years of its launch, LDDS was being publicly traded.\nWithin 10 years of its opening, LDDS took on an almost Pac Man-style persona of gobbling up telecom firms in sight of the company, acquiring more than 60 different telecommunications company. By 1995, the company renamed itself LDDS WorldCom.\nMany of the company’s acquisitions were on the small side, and the company was never considered a major player in the telecom industry until its $720 million acquisition of Advanced Telecommunications Corporation in 1992.\nThe unlikely acquisition came with Ebbers’ ability to outbid industry titans AT&T and Sprint Corporation,both considerably larger players in this field.\nThe one unfortunate development during this time was the end of Ebbers’ marriage in 1997. He remarried in 1999 to Kristie Webb.\nIn February 1998, Ebbers’ company launched its acquisition plans for CompuServe from H&R Block Inc.\nThis transaction was followed by an astonishing spin of assets: LDDS sold the CompuServe Information Service portion of its acquisition toAmerica Online,while retaining the CompuServe Network Services portion of the business. AOL simultaneously sold LDDS WorldCom its networking division, Advanced Network Services.\nIn September 1998, LDDS WorldCom sealed a $37 billion union with MCI Communications,which created the largest corporate merger in U.S. history. The combined entity became MCI WorldCom, and for Ebbers it seemed that the sky was the limit — except that Ebbers’ ability to soar in the corporate skies resulted in an Icarus-worthy predicament.\nA Little Out Of Touch:One year after the CompuServe and MCI deals, Ebbers’ company boasted an 80,000-person workforce, a market capitalization of roughly $185 billion and its shares were trading at a peak of nearly $62.\nAt the peak of the company’s success, Ebbers granted an interview to The New York Times aboard his 130-yacht, which he berthed in the resort town of Hilton Head, South Carolina. He claimed that the secret of his success was “not as complicated as people make it out to be,” adding that he surrounded himself with experts who advised him on which moves to make.\n“I’m not an engineer by training,” he said. “I’m not an accountant by training. I’m the coach. I’m not the point guard who shoots the ball.”\nBut as the company grew larger, Ebbers penny-pinching behavior during his early motel management days became more extreme. WorldCom executives would later complain that Ebbers stopped providing free coffee within their offices and directed security guards fill the water coolers with tap water.\nAnd for the head of a telecommunications company, Ebbers was curiously distrustful of cutting-edge tech developments. He refused to communicate via email and would not carry a pager or a cell phone. He would explain his actions internally by repeating “That’s the way we did it at LDDS,” and in a 1997 Business Week interview about this behavior he claimed that “when you come to the table with a (physical education) degree like I do, you don't know a lot about the technical stuff.”\nWhile Ebbers’ arms-length distance from personal technology could have been attributed to a zany quirk, there was another problem that couldn’t be happily shrugged away. As the company expanded, operational problems began to permeate the multiple divisions. Ebbers would become impatient or worse when confronted with problems, to the point that he would angrily demand that he only wanted to be addressed with good news.\nIn retrospect, Ebbers’ refusal to acknowledge that his company was growing too fast and too large proved to be a fatal flaw, especially when the corporate culture began to manufacture good news in lieu of reporting problems. As a result, Ebbers’ XL-sized business empire was sustained by taking on massive amounts of debt and highly improper accounting.\nDetour Off The Cliff:The first cracks in this corporate story began in October 1999 when MCI WorldCom — which had become the second-largest long-distance telephone company in the country — announced a $129 billion merger with Sprint, the third-largest telecom carrier. Within nine months of this announcement, the merger was canceled in the face of pressure from U.S. and European regulators who feared a telecom monopoly would be born from this union. MCI WorldCom walked away from the failure by renaming itself as WorldCom.\nWith the rise of the new millennium came the fall of the dot-com industry, and almost any company that had a tech-related aspect found itself taking a financial tumble. When Ebbers’ company tried to cut corners and save money, it turned into an act of self-immolation.\nWorldcom’s network systems engineering division exhausted its annual capital expenditures budget by November 2000, with a senior manager ordering a halt to processing payments for network systems vendors and suppliers until the beginning of 2001.\nThe company’s chief technical officer,Fred Briggs,then ordered all of the labor associated with the capital projects in the network systems division to be booked as an expense rather than a capital project — and his directive was shared with other divisions in the company.\nA WorldCom budget analyst named Kim Amighin the company’s Richardson, Texas, office recognized the legal ramifications of intentionally mischaracterizing capital expenses and lodged a protest against the order. The directive was canceled and so was Amigh — three months after his action, Amigh was abruptly laid off from the company.\nBut Vice President of Internal Audit Cynthia Cooper learned of Amigh’s findings and picked up his trail. Her department began combing through WorldCom’s accounts and found $2 billion that the company claimed in its public filings was spent on capital expenditures during the first three quarters of 2001 — except that the funds were never authorized for that purpose and were clearly operating costs moved into the capital expenditure accounting as a way to make WorldCom look more profitable.\nCooper could not find anyone in the WorldCom leadership ranks to explain the $2 billion discrepancy. Most executives said it was a “prepaid capacity,” a meaningless term which they couldn’t define when pressed by Cooper.\nAnd Cooper was not alone in her suspicions. The U.S. Securities and Exchange Commission could not fathom how WorldCom continued to claim robust profits during the dot-com period while its competitors were operating at a loss, and it sent forth a “Request for Information” to learn the secret of its success.\nAdding to this chaos were Ebbers’ personal financial woes, which became exacerbated during to dot-com crisis by margin calls on his WorldCom shares, which were tanking as the economy plummeted into a recession.\nTo alleviate his monetary pain, Ebbers borrowed $50 million from WorldCom in September 2000 — and then borrowed again and again. By April 2002, Ebbers was $400 million in debt to WorldCom and the board of directors demanded his resignation, which he provided.\nIn June 2002, WorldCom acknowledged its earnings reports contained $3.9 billion in accounting misstatements, with the figure later adjusted to $11 billion. In July 2002, the company declared bankruptcy and was delisted from public trading. Also during that month, Ebbers was called before the U.S. House of Representatives Committee on Financial Services to explain what happened. He pleaded the Fifth Amendment.\nRoad’s End:The efforts to bring Ebbers to trial got off to a weird start when the State of Oklahoma jumped the gun with a 15-count indictment, only to drop its charges in favor of federal prosecution.\nEbbers was indicted in May 2004 on seven counts of filing false statements with securities regulators plus one count each of conspiracy and securities fraud. Ebbers agreed to testify on his behalf, which many observers later considered to be a major mistake because he came across as evasive and unconvincing when insisting WorldCom’s downfall was solely the fault of his subordinates and that he was ignorant about how his company worked.\n“I know what I don’t know,” Ebbers said during his trial. “To this day, I don’t know technology, and I don’t know finance or accounting.”\nEbbers was found guilty on all counts and was sentenced to 25 years in prison, the longest sentence ever handed down in U.S. history for a financial fraud case against a corporate executive.\nHe remained free on bail while fighting to overturn the verdict, but the conviction was upheld in the U.S. Court of Appeals for the Second Circuit in July 2006. Two months later, he drove himself in his luxury Mercedes-Benz to a low-security Louisiana prison to begin his sentence. Two years later, his wife Kristie successfully filed for divorce.\nAfter 13 years behind bars, Ebbers was granted a compassionate release on Dec. 21, 2019, due to a deteriorating state of health that included macular degeneration that left him legally blind, anemia, a weakened heart condition and the beginnings of dementia. He returned to his home in Brookhaven, Mississippi, and passed away on Feb. 2, 2020.\nIn defining his rise to the top, Ebbers harkened back to his basketball days by insisting, “The coach's job is to get the best players and get them to play together.” But in explaining his fall from grace, Ebbers forgot that the core of coaching is accepting responsibility for the team’s performance and he blamed his “best players” for not being able to “play together” while absolving himself from their errors.\nSaid Ebbers when confronted with his ultimate failure as the corporate equivalent of a coach: “I didn't have anything to apologize for.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":261,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819431308,"gmtCreate":1630083970804,"gmtModify":1704955798847,"author":{"id":"4087890727315560","authorId":"4087890727315560","name":"2a7af1ca","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087890727315560","authorIdStr":"4087890727315560"},"themes":[],"htmlText":"Great ","listText":"Great ","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/819431308","repostId":"1123342356","repostType":4,"isVote":1,"tweetType":1,"viewCount":454,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810676281,"gmtCreate":1629976770643,"gmtModify":1633681079734,"author":{"id":"4087890727315560","authorId":"4087890727315560","name":"2a7af1ca","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087890727315560","authorIdStr":"4087890727315560"},"themes":[],"htmlText":"Great! ","listText":"Great! ","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/810676281","repostId":"1175651753","repostType":4,"repost":{"id":"1175651753","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629976360,"share":"https://www.laohunote.com/m/news/1175651753?lang=&edition=full","pubTime":"2021-08-26 19:12","market":"us","language":"en","title":"Lordstown Motors Appoints Daniel A. Ninivaggi as Chief Executive Officer","url":"https://stock-news.laohu8.com/highlight/detail?id=1175651753","media":"Tiger Newspress","summary":"Lordstown Motors Corporation announced today that its Board of Directors has appointed Daniel A. Nin","content":"<p>Lordstown Motors Corporation announced today that its Board of Directors has appointed Daniel A. Ninivaggi as CEO and as a member of the Board, effective immediately.</p>\n<p>Ninivaggi is the former CEO of Icahn Enterprises L.P. (Nasdaq: IEP), a diversified holding company controlled by Carl C. Icahn, and has served in a variety of senior leadership positions in the automotive and transportation industries. He began his automotive career at Lear Corporation, ultimately serving as Executive Vice President, where he was responsible for, among other functions, corporate development and strategy. He later held the positions of Co-Chairman and Co-CEO of Federal Mogul Holdings Corporation, an $8 billion supplier of powertrain, chassis, sealing, brake and other automotive components, prior to its sale to Tenneco.</p>\n<p>While with Icahn Enterprises, Ninivaggi also oversaw Icahn Enterprises’ automotive aftermarket service network and parts distribution businesses. Ninivaggi has extensive experience as a director of public companies, including Icahn Enterprises, Motorola Mobility (prior to its sale to Google), Navistar International, Hertz Global Holdings and CVR Energy. He currently serves as the Chairman of the Board of Directors of Garrett Motion Inc. (Nasdaq: GTX), a leading Tier 1 supplier of turbochargers and other propulsion products.</p>\n<p>“I believe the demand for full-size electric pickup trucks will be strong and the Endurance truck, with its innovative wheel hub motor design, has the opportunity to capture a meaningful share of the market. With an absolute focus on execution, I look forward to working with the talented Lordstown management team, our suppliers and other partners to bring the Endurance to market and maximize the value of our assets,”<b>said Daniel Ninivaggi, Lordstown Motors CEO.</b></p>\n<p>“The Board is enthusiastic about Dan’s appointment as CEO. We are impressed with his broad automotive background, track record, strategic thinking, and team-oriented leadership talent. Furthermore, his capital markets expertise and investment proficiency will be invaluable in navigating the company through its commercial ramp-up, capital allocation and growth phase. We unanimously concluded that he has the optimal combination of skills and public company experience to lead Lordstown Motors at this time. On behalf of the entire Board, I’d like to thank Angela Strand who successfully served as Executive Chairwoman during the CEO transition period and will continue as Non-Executive Chair going forward,” <b>said David Hamamoto, Chairman of the Lordstown Board CEO Search Committee</b>.</p>\n<p>Ninivaggi is a graduate of Stanford University School of Law, the University of Chicago Graduate School of Business and Columbia University.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lordstown Motors Appoints Daniel A. Ninivaggi as Chief Executive Officer</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLordstown Motors Appoints Daniel A. Ninivaggi as Chief Executive Officer\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-26 19:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Lordstown Motors Corporation announced today that its Board of Directors has appointed Daniel A. Ninivaggi as CEO and as a member of the Board, effective immediately.</p>\n<p>Ninivaggi is the former CEO of Icahn Enterprises L.P. (Nasdaq: IEP), a diversified holding company controlled by Carl C. Icahn, and has served in a variety of senior leadership positions in the automotive and transportation industries. He began his automotive career at Lear Corporation, ultimately serving as Executive Vice President, where he was responsible for, among other functions, corporate development and strategy. He later held the positions of Co-Chairman and Co-CEO of Federal Mogul Holdings Corporation, an $8 billion supplier of powertrain, chassis, sealing, brake and other automotive components, prior to its sale to Tenneco.</p>\n<p>While with Icahn Enterprises, Ninivaggi also oversaw Icahn Enterprises’ automotive aftermarket service network and parts distribution businesses. Ninivaggi has extensive experience as a director of public companies, including Icahn Enterprises, Motorola Mobility (prior to its sale to Google), Navistar International, Hertz Global Holdings and CVR Energy. He currently serves as the Chairman of the Board of Directors of Garrett Motion Inc. (Nasdaq: GTX), a leading Tier 1 supplier of turbochargers and other propulsion products.</p>\n<p>“I believe the demand for full-size electric pickup trucks will be strong and the Endurance truck, with its innovative wheel hub motor design, has the opportunity to capture a meaningful share of the market. With an absolute focus on execution, I look forward to working with the talented Lordstown management team, our suppliers and other partners to bring the Endurance to market and maximize the value of our assets,”<b>said Daniel Ninivaggi, Lordstown Motors CEO.</b></p>\n<p>“The Board is enthusiastic about Dan’s appointment as CEO. We are impressed with his broad automotive background, track record, strategic thinking, and team-oriented leadership talent. Furthermore, his capital markets expertise and investment proficiency will be invaluable in navigating the company through its commercial ramp-up, capital allocation and growth phase. We unanimously concluded that he has the optimal combination of skills and public company experience to lead Lordstown Motors at this time. On behalf of the entire Board, I’d like to thank Angela Strand who successfully served as Executive Chairwoman during the CEO transition period and will continue as Non-Executive Chair going forward,” <b>said David Hamamoto, Chairman of the Lordstown Board CEO Search Committee</b>.</p>\n<p>Ninivaggi is a graduate of Stanford University School of Law, the University of Chicago Graduate School of Business and Columbia University.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175651753","content_text":"Lordstown Motors Corporation announced today that its Board of Directors has appointed Daniel A. Ninivaggi as CEO and as a member of the Board, effective immediately.\nNinivaggi is the former CEO of Icahn Enterprises L.P. (Nasdaq: IEP), a diversified holding company controlled by Carl C. Icahn, and has served in a variety of senior leadership positions in the automotive and transportation industries. He began his automotive career at Lear Corporation, ultimately serving as Executive Vice President, where he was responsible for, among other functions, corporate development and strategy. He later held the positions of Co-Chairman and Co-CEO of Federal Mogul Holdings Corporation, an $8 billion supplier of powertrain, chassis, sealing, brake and other automotive components, prior to its sale to Tenneco.\nWhile with Icahn Enterprises, Ninivaggi also oversaw Icahn Enterprises’ automotive aftermarket service network and parts distribution businesses. Ninivaggi has extensive experience as a director of public companies, including Icahn Enterprises, Motorola Mobility (prior to its sale to Google), Navistar International, Hertz Global Holdings and CVR Energy. He currently serves as the Chairman of the Board of Directors of Garrett Motion Inc. (Nasdaq: GTX), a leading Tier 1 supplier of turbochargers and other propulsion products.\n“I believe the demand for full-size electric pickup trucks will be strong and the Endurance truck, with its innovative wheel hub motor design, has the opportunity to capture a meaningful share of the market. With an absolute focus on execution, I look forward to working with the talented Lordstown management team, our suppliers and other partners to bring the Endurance to market and maximize the value of our assets,”said Daniel Ninivaggi, Lordstown Motors CEO.\n“The Board is enthusiastic about Dan’s appointment as CEO. We are impressed with his broad automotive background, track record, strategic thinking, and team-oriented leadership talent. Furthermore, his capital markets expertise and investment proficiency will be invaluable in navigating the company through its commercial ramp-up, capital allocation and growth phase. We unanimously concluded that he has the optimal combination of skills and public company experience to lead Lordstown Motors at this time. On behalf of the entire Board, I’d like to thank Angela Strand who successfully served as Executive Chairwoman during the CEO transition period and will continue as Non-Executive Chair going forward,” said David Hamamoto, Chairman of the Lordstown Board CEO Search Committee.\nNinivaggi is a graduate of Stanford University School of Law, the University of Chicago Graduate School of Business and Columbia University.","news_type":1},"isVote":1,"tweetType":1,"viewCount":613,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835826656,"gmtCreate":1629705489675,"gmtModify":1633683057670,"author":{"id":"4087890727315560","authorId":"4087890727315560","name":"2a7af1ca","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087890727315560","authorIdStr":"4087890727315560"},"themes":[],"htmlText":"Great! ","listText":"Great! ","text":"Great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/835826656","repostId":"1156405006","repostType":4,"repost":{"id":"1156405006","kind":"news","pubTimestamp":1629705160,"share":"https://www.laohunote.com/m/news/1156405006?lang=&edition=full","pubTime":"2021-08-23 15:52","market":"us","language":"en","title":"My Top Renewable-Energy Stock to Buy Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1156405006","media":"The Motley Fool","summary":"Key Points\n\nRenewable-power stocks are hot; oil stocks are not.\nBut some oil companies are looking t","content":"<p><b>Key Points</b></p>\n<ul>\n <li>Renewable-power stocks are hot; oil stocks are not.</li>\n <li>But some oil companies are looking to change with the times.</li>\n <li>One Fool is therefore betting on this oil major as a renewable-power play.</li>\n</ul>\n<p>Renewable-power stalwart <b><a href=\"https://laohu8.com/S/BEP\">Brookfield Renewable Partners LP</a></b> (NYSE: BEP)has a dividend yield of 3.2%, near the lowest levels in the partnership's history. Other prominent names in the space have even lower dividend yields. France's<b> <a href=\"https://laohu8.com/S/TTE\">Total SA</a> </b>(NYSE: TTE)has a 7.3% yield. And while some may argue that it's an oil stock, TotalEnergies has a long history in renewable power with even bigger plans for the future. Dividend-focused investors like myself would do well to take a close look.</p>\n<p>Stating the obvious right up front, TotalEnergies has a long history behind it as one of the world's largest integrated oil majors. Moreover, its results are still tied tightly to the ups and downs of the oil and natural gas markets. But there's an important shift in the works. In fact, the change is so big that the company changed its name from just Total to TotalEnergies to highlight its clean-energy aspirations.</p>\n<p>The current goal is to grow the \"electrons\" division from 5% of the company to 15% by 2030. Before pooh-poohing that goal, step back and look at the bigger picture here. TotalEnergies is basically looking to triple the size of its clean energy business in about one decade. The company has a $110 billion market cap, so that's no small effort. For comparison, Brookfield Renewable Partners' market cap is roughly $11 billion. Put simply, TotalEnergies' plan is likely to put it among the largest players in the clean-energy space.</p>\n<p>But this isn't some bright new idea that management cooked up to appease investors. It has been working in the renewable arena for some time. For example, it bought a stake in <b>SunPower</b> roughly a decade ago. And it has continued to invest in the space in the years since, including some pretty sizable deals. Total is even willing to speed up its planned pace if that is what the broader world wants, based on recent comments from management. This is, perhaps, even more telling than the company's 15% target mentioned above, because it makes clear that TotalEnergies wants to change with society to be a key energy provider, in whatever form that requires.</p>\n<h3><b>The old builds the new</b></h3>\n<p>This is why TotalEnergies isn't simply abandoning its carbon fuels business. The world still needs and wants oil and natural gas. Even in the most aggressive clean-energy scenarios, these fuels remain important to the global energy mix for decades to come. TotalEnergies has a long and successful history in the space, so it might as well continue to participate. That said, it intends to shift toward cleaner-burning natural gas, limiting its oil investments to only its best opportunities.</p>\n<p><img src=\"https://static.tigerbbs.com/4f6871c04effc7393ab424ab8aa55983\" tg-width=\"720\" tg-height=\"449\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>BEP DIVIDEND YIELDDATA BYYCHARTS</p>\n<p>This, however, is important. The oil and gas business, though volatile, can be highly profitable. For example, the energy giant generated a huge $13.1 billion in cash flow in the first half of 2021. Obviously a good chunk of that is earmarked for the dividend and investment in the carbon fuels business. However, the goal is to earmark around 15% of the company's capital spending budget to clean energy between 2021 and 2025, but not less than $2 billion a year. Think back to Brookfield Renewable Power -- in five years TotalEnergies' capital spending plans will roughly approximate the size of the master limited partnership.</p>\n<p>Most of that money is going to be provided by the cash-cow carbon business. So by providing an energy source the world still needs, TotalEnergies is funding its repositioning effort. That sounds like a win-win to me, especially since I get to collect a huge 7% dividend along the way.</p>\n<h3><b>Not pure, but definitely compelling</b></h3>\n<p>If you're looking for a focused clean-energy stock, TotalEnergies probably won't interest you. However, if you take a realistic look at the world, which is still only working toward a clean-energy transition, the oil giant looks to be positioning itself for long-term success as the energy landscape shifts. That's a business decision that still sounds rock solid to me, and I'm happy to own the stock today.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>My Top Renewable-Energy Stock to Buy Right Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMy Top Renewable-Energy Stock to Buy Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-23 15:52 GMT+8 <a href=https://www.fool.com/investing/2021/08/22/my-top-renewable-energy-stock-to-buy-right-now/><strong>The Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nRenewable-power stocks are hot; oil stocks are not.\nBut some oil companies are looking to change with the times.\nOne Fool is therefore betting on this oil major as a renewable-power play.\n...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/22/my-top-renewable-energy-stock-to-buy-right-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BEP":"Brookfield Renewable Partners LP","TTE":"道达尔"},"source_url":"https://www.fool.com/investing/2021/08/22/my-top-renewable-energy-stock-to-buy-right-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156405006","content_text":"Key Points\n\nRenewable-power stocks are hot; oil stocks are not.\nBut some oil companies are looking to change with the times.\nOne Fool is therefore betting on this oil major as a renewable-power play.\n\nRenewable-power stalwart Brookfield Renewable Partners LP (NYSE: BEP)has a dividend yield of 3.2%, near the lowest levels in the partnership's history. Other prominent names in the space have even lower dividend yields. France's Total SA (NYSE: TTE)has a 7.3% yield. And while some may argue that it's an oil stock, TotalEnergies has a long history in renewable power with even bigger plans for the future. Dividend-focused investors like myself would do well to take a close look.\nStating the obvious right up front, TotalEnergies has a long history behind it as one of the world's largest integrated oil majors. Moreover, its results are still tied tightly to the ups and downs of the oil and natural gas markets. But there's an important shift in the works. In fact, the change is so big that the company changed its name from just Total to TotalEnergies to highlight its clean-energy aspirations.\nThe current goal is to grow the \"electrons\" division from 5% of the company to 15% by 2030. Before pooh-poohing that goal, step back and look at the bigger picture here. TotalEnergies is basically looking to triple the size of its clean energy business in about one decade. The company has a $110 billion market cap, so that's no small effort. For comparison, Brookfield Renewable Partners' market cap is roughly $11 billion. Put simply, TotalEnergies' plan is likely to put it among the largest players in the clean-energy space.\nBut this isn't some bright new idea that management cooked up to appease investors. It has been working in the renewable arena for some time. For example, it bought a stake in SunPower roughly a decade ago. And it has continued to invest in the space in the years since, including some pretty sizable deals. Total is even willing to speed up its planned pace if that is what the broader world wants, based on recent comments from management. This is, perhaps, even more telling than the company's 15% target mentioned above, because it makes clear that TotalEnergies wants to change with society to be a key energy provider, in whatever form that requires.\nThe old builds the new\nThis is why TotalEnergies isn't simply abandoning its carbon fuels business. The world still needs and wants oil and natural gas. Even in the most aggressive clean-energy scenarios, these fuels remain important to the global energy mix for decades to come. TotalEnergies has a long and successful history in the space, so it might as well continue to participate. That said, it intends to shift toward cleaner-burning natural gas, limiting its oil investments to only its best opportunities.\n\nBEP DIVIDEND YIELDDATA BYYCHARTS\nThis, however, is important. The oil and gas business, though volatile, can be highly profitable. For example, the energy giant generated a huge $13.1 billion in cash flow in the first half of 2021. Obviously a good chunk of that is earmarked for the dividend and investment in the carbon fuels business. However, the goal is to earmark around 15% of the company's capital spending budget to clean energy between 2021 and 2025, but not less than $2 billion a year. Think back to Brookfield Renewable Power -- in five years TotalEnergies' capital spending plans will roughly approximate the size of the master limited partnership.\nMost of that money is going to be provided by the cash-cow carbon business. So by providing an energy source the world still needs, TotalEnergies is funding its repositioning effort. That sounds like a win-win to me, especially since I get to collect a huge 7% dividend along the way.\nNot pure, but definitely compelling\nIf you're looking for a focused clean-energy stock, TotalEnergies probably won't interest you. However, if you take a realistic look at the world, which is still only working toward a clean-energy transition, the oil giant looks to be positioning itself for long-term success as the energy landscape shifts. That's a business decision that still sounds rock solid to me, and I'm happy to own the stock today.","news_type":1},"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830405489,"gmtCreate":1629086795841,"gmtModify":1633687501394,"author":{"id":"4087890727315560","authorId":"4087890727315560","name":"2a7af1ca","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087890727315560","authorIdStr":"4087890727315560"},"themes":[],"htmlText":"Great article ","listText":"Great article ","text":"Great article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/830405489","repostId":"1157945388","repostType":4,"repost":{"id":"1157945388","kind":"news","pubTimestamp":1629084070,"share":"https://www.laohunote.com/m/news/1157945388?lang=&edition=full","pubTime":"2021-08-16 11:21","market":"us","language":"en","title":"Tilray Stock Is Probably Overvalued At This Price","url":"https://stock-news.laohu8.com/highlight/detail?id=1157945388","media":"InvestorPlace","summary":"Investors have unrealistic expectations for TLRY stock\nI believe that two of Tilray’s(NASDAQ:TLRY) p","content":"<p>Investors have unrealistic expectations for TLRY stock</p>\n<p>I believe that two of <b>Tilray’s</b>(NASDAQ:<b><u>TLRY)</u></b> potential positive catalysts actually have a good chance of materializing. Nonetheless, TLRY stock is overvalued, as it likely reflects an important misunderstanding, along with optimism about U.S. legalization that’s unlikely to materialize.</p>\n<p>As a result, I recommend that investors sell the shares at their current levels.</p>\n<p><b>2 Potential Positive Catalysts Could Materialize</b></p>\n<p>During Tilray’s fourth-quarter earnings call on July 28, Tilray CEO Irwin Simon said that the company could utilize its “strong cash position and balance sheet flexibility,” along with several of its strengths, including its “curated portfolio of diverse medical and adult-use brands … to transform the industry.”</p>\n<p>Simon probably won’t be able to transform the cannabis industry. But given the advanced average age of Canada and the EU and the fact that their populations are rapidly aging, I think that medical marijuana could be helpful to TLRY stock and its peers.</p>\n<p>With many baby boomers and Generation Xers – some of whom are much more accepting of cannabis than preceding generations – suffering more acute medical issues than in previous years, I would not be surprised if the demand for medical marijuana surges. That scenario is particularly likely to materialize in the EU nations that have legalized medical marijuana while keeping recreational cannabis illegal, as many people who want to try cannabis but do not want to risk arrest in those nations could seek to obtain medical marijuana.</p>\n<p>Tilray is sensibly taking several steps to try to exploit increased demand for medical marijuana. For example, last month it began to produce medical cannabis cultivated in Germany for German pharmacies. Simon said that Tilray is on its way to becoming “the first licensed producer to cultivate medical cannabis in Germany.” Recreational cannabis is illegal in the nation, but medical cannabis is permitted.</p>\n<p>The company also launched a new medical cannabis brand called Symbios which, according to Simon “was developed to provide a broader spectrum of formats and unique cannabinoid ratios at a better price point” while providing “a full comprehensive assortment of products, including flower, oils and pre-rolls for their health wellness regimen.”</p>\n<p>And in the EU, Tilray, which obviously has a presence in the bloc, can benefit from more countries legalizing cannabis. Denmark, Luxembourg and the Netherlands are all considering doing so, and Portugal may also weigh such an initiative soon. While those are all small countries, larger EU nations may legalize the drug in the next few years.</p>\n<p><b>TLRY Stock Reflects Unrealistic Catalysts</b></p>\n<p>Tilray merged with Aphria in May. In a strange maneuver that I’ve never seen before in 14 years of reporting on stocks, the combined company – for the purposes of deriving year-over-year comparisons – seems to have compared its Q2 financial results to the earnings that Aphria reported, on its own, for Q2 of 2020.</p>\n<p>Put another way, when Tilray announced last month that its fiscal Q4 net revenue had jumped 27% versus the same period a year earlier and that its cannabis sales had soared 55% from the previous year, it was comparing the combined company’s results last quarter to the results of Aphria on its own in the same period of 2020.</p>\n<p>Undoubtedly, many retail investors did not realize that the comparisons were so distorted. Consequently, TLRY stock probably reflects this inaccurate view of the company’s year-over-year growth, inflating the shares’ value.</p>\n<p>Moreover, Simon generally sounded optimistic that full legalization of cannabis in the U.S. may happen soon. But, in line with my previous predictions, on July 29,<i>The Los Angeles Times</i>reported that most expertsdo not expect the Senate to pass a cannabis legalization bill unveiled by Senate Majority Leader Chuck Schumer in its current form.</p>\n<p>Because of filibusters, legalization would need the support of every Senate Democrat and 10 Republicans. As the<i>Times</i>suggested, that will be a tough feat. And as we get closer to the 2022 congressional elections, I think that the chances of legalization passing the Senate will only fall further.</p>\n<p>Since the vast majority of strong supporters of legalization will probably vote for Democratic congressional candidates whatever happens with legalization, I don’t think Democratic senators up for reelection in 2022 have much incentive to alienate some swing voters by voting to legalize cannabis. And nearly all Republicans will not be eager to anger conservative voters who strongly oppose legalization.</p>\n<p>As long as the filibuster remains intact, I think the only way that legalization will ever pass the Senate is if the Democrats have at least 54 seats and a Democratic president makes legalization a top priority.</p>\n<p>Since neither of those conditions is remotely close to being met now, I don’t expect full federal legalization to happen for years, if ever.</p>\n<p><b>The Bottom Line on TLRY Stock</b></p>\n<p>I believe that Tilray is right to focus on the medical marijuana market, particularly in countries that have not yet legalized recreational marijuana. And Tilray could boost its results by entering nations in the EU that legalize the drug.</p>\n<p>But I think that TLRY stock currently reflects unrealistic assumptions about its growth and about the chances of U.S. legalization.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tilray Stock Is Probably Overvalued At This Price</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTilray Stock Is Probably Overvalued At This Price\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-16 11:21 GMT+8 <a href=https://investorplace.com/2021/08/tilray-stock-is-probably-overvalued-at-this-price/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors have unrealistic expectations for TLRY stock\nI believe that two of Tilray’s(NASDAQ:TLRY) potential positive catalysts actually have a good chance of materializing. Nonetheless, TLRY stock is...</p>\n\n<a href=\"https://investorplace.com/2021/08/tilray-stock-is-probably-overvalued-at-this-price/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TLRY":"Tilray Inc."},"source_url":"https://investorplace.com/2021/08/tilray-stock-is-probably-overvalued-at-this-price/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157945388","content_text":"Investors have unrealistic expectations for TLRY stock\nI believe that two of Tilray’s(NASDAQ:TLRY) potential positive catalysts actually have a good chance of materializing. Nonetheless, TLRY stock is overvalued, as it likely reflects an important misunderstanding, along with optimism about U.S. legalization that’s unlikely to materialize.\nAs a result, I recommend that investors sell the shares at their current levels.\n2 Potential Positive Catalysts Could Materialize\nDuring Tilray’s fourth-quarter earnings call on July 28, Tilray CEO Irwin Simon said that the company could utilize its “strong cash position and balance sheet flexibility,” along with several of its strengths, including its “curated portfolio of diverse medical and adult-use brands … to transform the industry.”\nSimon probably won’t be able to transform the cannabis industry. But given the advanced average age of Canada and the EU and the fact that their populations are rapidly aging, I think that medical marijuana could be helpful to TLRY stock and its peers.\nWith many baby boomers and Generation Xers – some of whom are much more accepting of cannabis than preceding generations – suffering more acute medical issues than in previous years, I would not be surprised if the demand for medical marijuana surges. That scenario is particularly likely to materialize in the EU nations that have legalized medical marijuana while keeping recreational cannabis illegal, as many people who want to try cannabis but do not want to risk arrest in those nations could seek to obtain medical marijuana.\nTilray is sensibly taking several steps to try to exploit increased demand for medical marijuana. For example, last month it began to produce medical cannabis cultivated in Germany for German pharmacies. Simon said that Tilray is on its way to becoming “the first licensed producer to cultivate medical cannabis in Germany.” Recreational cannabis is illegal in the nation, but medical cannabis is permitted.\nThe company also launched a new medical cannabis brand called Symbios which, according to Simon “was developed to provide a broader spectrum of formats and unique cannabinoid ratios at a better price point” while providing “a full comprehensive assortment of products, including flower, oils and pre-rolls for their health wellness regimen.”\nAnd in the EU, Tilray, which obviously has a presence in the bloc, can benefit from more countries legalizing cannabis. Denmark, Luxembourg and the Netherlands are all considering doing so, and Portugal may also weigh such an initiative soon. While those are all small countries, larger EU nations may legalize the drug in the next few years.\nTLRY Stock Reflects Unrealistic Catalysts\nTilray merged with Aphria in May. In a strange maneuver that I’ve never seen before in 14 years of reporting on stocks, the combined company – for the purposes of deriving year-over-year comparisons – seems to have compared its Q2 financial results to the earnings that Aphria reported, on its own, for Q2 of 2020.\nPut another way, when Tilray announced last month that its fiscal Q4 net revenue had jumped 27% versus the same period a year earlier and that its cannabis sales had soared 55% from the previous year, it was comparing the combined company’s results last quarter to the results of Aphria on its own in the same period of 2020.\nUndoubtedly, many retail investors did not realize that the comparisons were so distorted. Consequently, TLRY stock probably reflects this inaccurate view of the company’s year-over-year growth, inflating the shares’ value.\nMoreover, Simon generally sounded optimistic that full legalization of cannabis in the U.S. may happen soon. But, in line with my previous predictions, on July 29,The Los Angeles Timesreported that most expertsdo not expect the Senate to pass a cannabis legalization bill unveiled by Senate Majority Leader Chuck Schumer in its current form.\nBecause of filibusters, legalization would need the support of every Senate Democrat and 10 Republicans. As theTimessuggested, that will be a tough feat. And as we get closer to the 2022 congressional elections, I think that the chances of legalization passing the Senate will only fall further.\nSince the vast majority of strong supporters of legalization will probably vote for Democratic congressional candidates whatever happens with legalization, I don’t think Democratic senators up for reelection in 2022 have much incentive to alienate some swing voters by voting to legalize cannabis. And nearly all Republicans will not be eager to anger conservative voters who strongly oppose legalization.\nAs long as the filibuster remains intact, I think the only way that legalization will ever pass the Senate is if the Democrats have at least 54 seats and a Democratic president makes legalization a top priority.\nSince neither of those conditions is remotely close to being met now, I don’t expect full federal legalization to happen for years, if ever.\nThe Bottom Line on TLRY Stock\nI believe that Tilray is right to focus on the medical marijuana market, particularly in countries that have not yet legalized recreational marijuana. And Tilray could boost its results by entering nations in the EU that legalize the drug.\nBut I think that TLRY stock currently reflects unrealistic assumptions about its growth and about the chances of U.S. legalization.","news_type":1},"isVote":1,"tweetType":1,"viewCount":361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830314483,"gmtCreate":1629010883442,"gmtModify":1633687964069,"author":{"id":"4087890727315560","authorId":"4087890727315560","name":"2a7af1ca","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087890727315560","authorIdStr":"4087890727315560"},"themes":[],"htmlText":"Great article ","listText":"Great article ","text":"Great article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/830314483","repostId":"2159321288","repostType":4,"repost":{"id":"2159321288","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1628990553,"share":"https://www.laohunote.com/m/news/2159321288?lang=&edition=full","pubTime":"2021-08-15 09:22","market":"us","language":"en","title":"Why Regulatory Risk Is A Silver Lining For Apple And Google","url":"https://stock-news.laohu8.com/highlight/detail?id=2159321288","media":"Benzinga","summary":"The threat of regulation has been looming over big tech giants such as Apple Inc. (NASDAQ: AAPL) and","content":"<p>The threat of regulation has been looming over big tech giants such as <b>Apple Inc. </b>(NASDAQ: AAPL) and <b>Alphabet Inc. </b>(NASDAQ: GOOGL) (NASDAQ: GOOG) over the past three years.</p>\n<p>With a bill seeking broader changes in the way Apple and Google operate their respective app stores introduced this week, Loup Funds Managing Partner Gene Munster offered his take on what is in store for these companies.</p>\n<p><b>What the New Legislation Is All About: </b> The changes proposed by the legislation calls for allowing third-party app stores with the App Store and Google Play store, Munster noted. Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.</p>\n<p>This will help avoiding the 30% take rate on in-app purchases, the analyst said.</p>\n<p>The proposed bill will have to be approved by the House and Senate before becoming law, Munster said.</p>\n<p><b>Regulation Not Automatically Negative: </b> The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.</p>\n<p>Even if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.</p>\n<p>Apple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.</p>\n<p>Additionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.</p>\n<p><b>Munster's Take On Potential Regulation: </b> The likelihood of radical regulation as low, Munster said. If any regulations do materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.</p>\n<p>\"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.</p>\n<p>Apple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.</p>\n<p>Latest Ratings for AAPL</p>\n<table>\n <tbody>\n <tr>\n <th>Date</th>\n <th>Firm</th>\n <th>Action</th>\n <th>From</th>\n <th>To</th>\n </tr>\n </tbody>\n <tbody>\n <tr>\n <td>Jul 2021</td>\n <td>Loop Capital</td>\n <td>Maintains</td>\n <td></td>\n <td>Buy</td>\n </tr>\n <tr>\n <td>Jul 2021</td>\n <td>Deutsche Bank</td>\n <td>Maintains</td>\n <td></td>\n <td>Buy</td>\n </tr>\n <tr>\n <td>Jul 2021</td>\n <td>Piper Sandler</td>\n <td>Maintains</td>\n <td></td>\n <td>Overweight</td>\n </tr>\n </tbody>\n</table>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Regulatory Risk Is A Silver Lining For Apple And Google</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Regulatory Risk Is A Silver Lining For Apple And Google\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-08-15 09:22</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The threat of regulation has been looming over big tech giants such as <b>Apple Inc. </b>(NASDAQ: AAPL) and <b>Alphabet Inc. </b>(NASDAQ: GOOGL) (NASDAQ: GOOG) over the past three years.</p>\n<p>With a bill seeking broader changes in the way Apple and Google operate their respective app stores introduced this week, Loup Funds Managing Partner Gene Munster offered his take on what is in store for these companies.</p>\n<p><b>What the New Legislation Is All About: </b> The changes proposed by the legislation calls for allowing third-party app stores with the App Store and Google Play store, Munster noted. Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.</p>\n<p>This will help avoiding the 30% take rate on in-app purchases, the analyst said.</p>\n<p>The proposed bill will have to be approved by the House and Senate before becoming law, Munster said.</p>\n<p><b>Regulation Not Automatically Negative: </b> The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.</p>\n<p>Even if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.</p>\n<p>Apple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.</p>\n<p>Additionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.</p>\n<p><b>Munster's Take On Potential Regulation: </b> The likelihood of radical regulation as low, Munster said. If any regulations do materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.</p>\n<p>\"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.</p>\n<p>Apple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.</p>\n<p>Latest Ratings for AAPL</p>\n<table>\n <tbody>\n <tr>\n <th>Date</th>\n <th>Firm</th>\n <th>Action</th>\n <th>From</th>\n <th>To</th>\n </tr>\n </tbody>\n <tbody>\n <tr>\n <td>Jul 2021</td>\n <td>Loop Capital</td>\n <td>Maintains</td>\n <td></td>\n <td>Buy</td>\n </tr>\n <tr>\n <td>Jul 2021</td>\n <td>Deutsche Bank</td>\n <td>Maintains</td>\n <td></td>\n <td>Buy</td>\n </tr>\n <tr>\n <td>Jul 2021</td>\n <td>Piper Sandler</td>\n <td>Maintains</td>\n <td></td>\n <td>Overweight</td>\n </tr>\n </tbody>\n</table>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","AAPL":"苹果","GOOG":"谷歌"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159321288","content_text":"The threat of regulation has been looming over big tech giants such as Apple Inc. (NASDAQ: AAPL) and Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) over the past three years.\nWith a bill seeking broader changes in the way Apple and Google operate their respective app stores introduced this week, Loup Funds Managing Partner Gene Munster offered his take on what is in store for these companies.\nWhat the New Legislation Is All About: The changes proposed by the legislation calls for allowing third-party app stores with the App Store and Google Play store, Munster noted. Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.\nThis will help avoiding the 30% take rate on in-app purchases, the analyst said.\nThe proposed bill will have to be approved by the House and Senate before becoming law, Munster said.\nRegulation Not Automatically Negative: The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.\nEven if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.\nApple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.\nAdditionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.\nMunster's Take On Potential Regulation: The likelihood of radical regulation as low, Munster said. If any regulations do materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.\n\"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.\nApple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.\nLatest Ratings for AAPL\n\n\n\nDate\nFirm\nAction\nFrom\nTo\n\n\n\n\nJul 2021\nLoop Capital\nMaintains\n\nBuy\n\n\nJul 2021\nDeutsche Bank\nMaintains\n\nBuy\n\n\nJul 2021\nPiper Sandler\nMaintains\n\nOverweight","news_type":1},"isVote":1,"tweetType":1,"viewCount":383,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}