Author: Multibagger News

By Jessie Pang HONG KONG (Multibagger) – The recent passing of the bipartisan Hong Kong Economic and Trade Office (HKETO) Certification Act by the U.S. House of Representatives could have significant implications for Hong Kong’s economic relations with the United States. The bill allows the U.S. president to remove privileges and immunities of the trade offices in Washington D.C., New York, and San Francisco if they are not operating with a “high degree of autonomy” from China. Under the Act, if the HKETOs are found to no longer meet the criteria for such privileges and immunities, they would have to…

“ResMed Inc. CFO Sells Shares – What Does This Mean for Investors? | InvestingPro” ResMed Inc. (NYSE:RMD) reported that its Chief Financial Officer, Brett Sandercock, sold 1,000 shares of the company at $246.42 per share, totaling $246,420 on September 9, 2024. This transaction was conducted under a Rule 10b5-1 plan to avoid accusations of insider trading. The company recently reported strong growth in the fourth quarter of fiscal year 2024, with a 9% increase in revenue to $1.22 billion. Despite a downgrade from Buy to Hold by Needham, analysts at William Blair and CLSA remain optimistic about ResMed’s future performance.…

Investing.com: Harris vs. Trump Presidential Debate Recap – Who Won? Analysis & Breakdown In a highly anticipated presidential debate, Vice President Kamala Harris and former President Donald Trump clashed on key issues, including the economy, trade tariffs, abortion rights, and foreign policy. Harris accused Trump of damaging the economy and proposed a tax cut for the middle class, while Trump defended his administration’s economic policies and advocated for higher trade tariffs. The debate, hosted by ABC News, showed the candidates locked in a tight race with polls indicating a close competition. Harris focused on riling up Trump with personal attacks…

Japan’s Seven & i Rejects Couche-Tard’s Lowball Takeover Offer: Suntory CEO Weighs In TOKYO (Multibagger) – In a bold move, Japan’s retail giant Seven & i has dismissed a takeover bid from Canada’s Couche-Tard, deeming the offer insufficient. Suntory Holdings’ CEO, Takeshi Niinami, endorsed this decision, highlighting the growing anxiety among Japanese executives over potential foreign acquisitions. Key Insights from Suntory CEO Takeshi Niinami During a Multibagger NEXT Newsmaker interview, Niinami, aged 65 and a pivotal figure in Japan’s corporate landscape, shared his thoughts. As the chair of Keizai Doyukai business lobby and former advisor to ex-Prime Minister Yoshihide Suga,…

South Korea Household Borrowing Surges in August, Biggest Jump in 3 Years – SEO Analysis In a recent report by the central bank, South Korea’s household borrowing saw a significant increase in August, with mortgage demand reaching record highs. Household borrowing from banks reached 1,130.0 trillion won ($840.52 billion) by the end of August, marking a 9.3 trillion won increase from the previous month – the largest monthly rise since July 2021. Mortgage loans also surged by 8.2 trillion won, the biggest jump since data tracking began in 2004. The country’s financial watchdog has expressed concerns about the rapid growth…

By Stephanie Kelly NEW YORK (Multibagger) – The upcoming debate between Republican Donald Trump and Democratic Vice President Kamala Harris is not just a clash of ideas on TV screens. It’s a digital showdown as both campaigns prepare to dominate social media with viral memes and video edits. Social media is a key battleground in this year’s election cycle, with both parties enlisting content creators and influencers to promote their policies and candidates. As the debate approaches, both campaigns are ramping up their social media presence and gearing up to fact check each other in real time. Trump currently leads…

Sunrun Inc CFO Sells Company Stock: What Does This Mean for Investors? Sunrun Inc (NASDAQ:RUN) recently saw its Chief Financial Officer, Danny Abajian, sell a portion of his company stock. The transaction, which occurred on September 6, involved the sale of 2,141 shares at prices ranging from $18.14 to $18.32, with a weighted average sale price of $18.2302 per share. This resulted in a total value of approximately $39,030. The sale was made to cover tax obligations related to vested restricted stock units. Despite this sale, Abajian still holds a significant number of shares in Sunrun, including 276,119 shares of…

“Trump vs. Harris Debate: Stock Futures Slip as Harris Takes Lead – Impact on Dollar Index and Market Analysis” As the highly anticipated debate between Republican Donald Trump and Democratic Vice President Kamala Harris unfolds, stock futures in the U.S. slip and the dollar edges lower in early Asian trading. Analysts note that Harris put in a stronger performance, with her odds improving to 55% in the PredictIt’s 2024 presidential general election market, while Trump’s odds slipped to 47%. During the debate, stock futures eased, with the E-minis down 0.4% and the Dollar Index, which measures the U.S. currency’s strength…

As the world’s best investment manager and financial market journalist, I bring you the latest insights from the heated presidential debate between Vice President Kamala Harris and former President Donald Trump. Find out how their policies and personal attacks could impact the economy and your finances. In the debate, Harris accused Trump of damaging the economy and proposed a tax cut for the middle class, while Trump defended his administration’s economic policies and called for higher trade tariffs. Both candidates engaged in personal attacks and discussed key issues like trade tariffs, abortion rights, and foreign policy. Harris emphasized protecting women’s…

Insider Trading Alert: Sunrun Inc CEO Sells Shares – What Does It Mean for Investors? Sunrun Inc (NASDAQ:RUN) CEO Mary Powell recently sold 3,410 shares of common stock, raising questions about the company’s future performance. While insider transactions can provide valuable insights, such sales are often made for tax obligations and may not indicate a lack of confidence by the executive. Sunrun Inc has been making significant strides in its financial performance, with record-setting installations of solar and storage systems. Analysts remain optimistic about the company’s future cash generation outlook, as evidenced by a recent Buy rating and price target…