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Investments

Ford To Lose $3 Billion Making Electric Cars, But F Stock Rises

March 23, 2023 Mariel Alumit

Ford (F) debuted a new financial-reporting structure Thursday while offering one of the first in-depth looks at EV profitability from a traditional automaker. Ford stock rose. Ahead of a “teach-in” for analysts and reporters, Ford […]

Commodities

Commodity Traders Gross Record $115 Billion In 2022 Profit Margin

March 8, 2023 Mariel Alumit

Yesterday we reported that for the first time ever, US drillers spent more on share buybacks and dividends – some $128 billion – than on capital projects (understandably so, courtesy of a clueless administration which […]

Office
Real Estate

Facing “Unprecedented Challenges” And Soaring Rates, PIMCO-Owned Landlord Defaults On $1.7 Billion In Office Mortgages

February 24, 2023 Mariel Alumit

Amid the recent record surge in interest rates, the residential housing market may have frozen – as the gap between bids and asks stretches to unprecedented levels – but it is hardly in freefall, courtesy […]

U.S Market

Work-From-Home Trend Costs $12 Billion Per Year In Lost Revenue

February 15, 2023 Mariel Alumit

A new report has put a price on exactly what the “work from home” trend has cost the office-laden city of Manhattan: a stunning $12 billion per year. Working at home means that office workers […]

Zero Edge

Adani Wipeout Hits $68 Billion; Despite Turmoil, UAE Sees Investment Opportunity

January 31, 2023 Mariel Alumit

Adani Group published a 413-page rebuttal on Sunday, condemning Hindenburg Research’s 100-page short report last week. Hindenburg responded overnight, indicating the rebuttal only answered 62 of 88 questions and sidestepped key questions. Adani’s rebuttal wasn’t […]

Finance

BofA Slashes Investment Banking Bonuses By 30% But Issues $1 Billion Company-Wide Stock Award

January 25, 2023 Mariel Alumit

The bonus cuts for most dealmakers on Wall Street are continuing, but Bank of America is trying to soften the blow slightly across its employee-base by issuing new equity awards to some of its staff. […]

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