Author: Lamont Traeger

IDEA address: TVn1pUH8FmJSNowYxXJpuqcpPgiDwPx7kr
Endeavor Pulls IPO After Peloton’s Fiasco
27. 9. 2019 No Responses

Endeavor Pulls IPO After Peloton’s Fiasco

Endeavor became the second big casualty of the IPO market’s recent chill after WeWork’s parent company pulled its offering earlier this month. It is the second time Endeavor has hit the brakes on its IPO this year. Part of the reason Endeavor...
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US Shale In A State Of Stall – CapEx Collapse Imminent
26. 9. 2019 No Responses

US Shale In A State Of Stall – CapEx Collapse Imminent

The financial stress sweeping over the U.S. shale sector has led to a sharp contraction in activity. Oil and gas activity in Texas and parts of New Mexico declined in the third quarter, with the Dallas Fed’s business activity index reporting...
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Airbnb plans to go public in 2020
20. 9. 2019 No Responses

Airbnb plans to go public in 2020

Airbnb has put to rest speculation about the timing of its IPO. The vacation rental company today took the rare step of announcing in a press release that it plans to go public next year, in 2020. The startup, which...
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Marshall Islands Creating New Cryptocurrency For De-Dollarize Purpose
17. 9. 2019 No Responses

Marshall Islands Creating New Cryptocurrency For De-Dollarize Purpose

The Republic of the Marshall Islands has been using the US dollar since 1979.  But in a new Bloomberg report and a statement from a senior Marshall Islands official, that could all change as the country with a population of 75,000 could soon issue a...
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Massive Fires And Explosions Erupt After Drone Strike Hits World’s Largest Oil Processing Facility In Saudi Arabia
14. 9. 2019 No Responses

Massive Fires And Explosions Erupt After Drone Strike Hits World’s Largest Oil Processing Facility In Saudi Arabia

What appears to be the most devastating Yemen Houthi rebel attack on Saudi Arabia to date, took place overnight on the world’s largest oil processing facility as stunning videos emerged of massive explosions rocking the major Aramco Buqyaq facility a...
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Warmonger and Ultra-Zionist National Security Advisor John Bolton Fired
11. 9. 2019 No Responses

Warmonger and Ultra-Zionist National Security Advisor John Bolton Fired

Dangerous beyond thinkable domains, uber-hawkish, ultra-zionist unconditional supporter of brutal and murderous zionist regime, Trump’s third National Security Advisor John Bolton was finally fired. The whole Planet Earth is a few steps back from the sta...
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When a bully is too much bullying, others negotiate alliances
5. 9. 2019 No Responses

When a bully is too much bullying, others negotiate alliances

China and Iran have negotiated a strategic partnership. Iran’s foreign minister Mohammad Zarif paid a visit to his Chinese counterpart Wang Li at the end of August to present a road map for the China-Iran comprehensive 25 years strategic partnership. T...
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America’s Wealth Hinges on Its Ability to Borrow Big – or Else
2. 9. 2019 No Responses

America’s Wealth Hinges on Its Ability to Borrow Big – or Else

The U.S. economy is consistently ranked among the world’s strongest. But cut off its addiction to debt and exhaust its gold and currency reserves, and a very different picture would emerge. The nation’s health as measured by gross domestic product...
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Diamonds Are Forever, Nevertheless Sales Aren’t
30. 8. 2019 No Responses

Diamonds Are Forever, Nevertheless Sales Aren’t

Diamonds sector crisis – De Beers sales crashed 44% as demand plummets.  The Financial Times states that De Beers’, the world’s largest diamond miner, has seen a collapse in sales this month, as the entire industry is on the brink of a d...
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Bernie Madoff whistleblower says GE is a bigger fraud than Enron and WorldCom combined
15. 8. 2019 No Responses

Bernie Madoff whistleblower says GE is a bigger fraud than Enron and WorldCom combined

Harry Markopolos is famous for blowing the whistle on infamous Khazarian scammer Bernie Madoff’s Ponzi scheme, which blew up in 2008. Now the accounting investigator has his sights set on a new target: General Electric. He accuses the troubled company...
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Facebook plans to launch its “news section” in the fall
11. 8. 2019 No Responses

Facebook plans to launch its “news section” in the fall

The social media giant has offered mainstream outlets as much as $3 million per year for the privilege of using their headlines, article excerpts and stories, according to people familiar with the deal who spoke to the Wall Street Journal...
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Novartis CEO Narasimhan Defends Company’s Decision to Withhold False Data From the FDA
8. 8. 2019 No Responses

Novartis CEO Narasimhan Defends Company’s Decision to Withhold False Data From the FDA

Responding to the agency’s stern rebuke, Vas Narasimhan, the company’s executive, tried to reassure investors that Novartis did not intentionally deceive the FDA while seeking approval for its $2.1 million gene therapy. The chief executive of Novartis on W...
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Ryanair pilots vote for strike action
7. 8. 2019 No Responses

Ryanair pilots vote for strike action

UK-based Ryanair pilots have voted to strike in a row over pay and conditions. In July, the budget airline reported a sharp fall in quarterly profits to 21%, due to higher costs for fuel and staff, and reduced ticket prices. The...
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Verizon Q2 profit beats estimates, CEO thinks half of the US will have access to 5G next year
1. 8. 2019 No Responses

Verizon Q2 profit beats estimates, CEO thinks half of the US will have access to 5G next year

Verizon Communications (VZ) posted better-than-expected second-quarter results on Thursday, with profit boosted by strong wireless subscriber growth as the company ramps up its implementation of next generation, high-speed connectivity. Here are the numbers: E...
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GE Posts Quarterly Loss
31. 7. 2019 No Responses

GE Posts Quarterly Loss

General Electric Co. reported a second-quarter loss and flat sales, but said it was making progress in restructuring its long-struggling and hopeless Power division and raised its full-year financial projections. GE also said its CFO Jamie Miller, will be leav...
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