Several companies have recently announced they are moving their headquarters away from the Silicon Valley area. Oracle (NYSE: ORCL) and Hewlett-Packard (NYSE: HPE) have already relocated, Tesla 's (NASDAQ: TSLA) CEO recently announced that he moved to Texas, and it's fair to say that there could be more to come. In this Dec. 14 Fool Live clip from our Industry Focus: Financials show, host Jason Moser and Fool.com contributor Matt Frankel, CFP, discuss some stocks to avoid and some that could be big winners. Matthew Frankel: When it comes to real estate, if you look at just office real estate, I would avoid any companies that have outside exposure to California. Boston Properties ( NYSE:BXP ) is one. Despite its name, it has a lot of San Francisco properties. Ticker symbol BXT. That's actually the biggest office REIT in the market. But I would look at some of the more localized ones. I know I talk about Empire State Realty ( NYSE:ESRT ) more …
How First Momentum Is Putting DACH Tech Companies On The Map
Share to Twitter Share to Linkedin Sebastian Böhmer, founding partner of First Momentum Ventures , faces something of a dilemma. On the one hand, he is determined to dispel some of the myths about where Europe’s most exciting technology businesses are to be found; on the other, he doesn’t want to invite too much competition. First Momentum, launched in 2019, focuses on opportunities in Germany, Austria and Switzerland, collectively known as the DACH region. “Capital is centralised but talent is not,” says Böhmer. “The DACH area has been something of a sleeping giant, but it has certainly woken up more recently.” The region, he points out, is home to no fewer than 160 Nobel Prize winners (second only to the US) and ranks fourth in the world on the number of patent applications its innovators file each year. Big-name businesses in the area include Celonis, Biontech, Personio, Curevac and Teamviewer. The DACH countries’ economies combined are worth more than …
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Campbell Soup Company (CPB) Q2 2021 Earnings Call Transcript
Image source: The Motley Fool. Campbell Soup Company ( NYSE:CPB ) Mar 10, 2021 , 8:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Ladies and gentlemen, thank you for standing by and welcome to the Campbell Soup Second Quarter Fiscal 2021 Earnings Conference Call. [Operator Instructions] Please be advised, today's conference is being recorded. [Operator Instructions] I would now like to hand the conference over to your speaker today, Ms. Rebecca Gardy, Vice President of Investor Relations. Ma'am, you may begin. Rebecca Gardy -- Vice President, Investor Relations Good morning and welcome to Campbell's Second Quarter Fiscal 2021 earnings presentation, I'm Rebecca Gardy, Vice President of Investor Relations. Following the completion of this call, a copy of this presentation and a replay of the webcast will be available at investor.campbellsoupcompany.com. A transcript of this earnings …
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Campbell Soup Company (CPB) Q3 2021 Earnings Call Transcript
Image source: The Motley Fool. Campbell Soup Company ( NYSE:CPB ) Jun 9, 2021 , 8:00 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning, my name is Myra and I'll be your conference operator today. At this time, I would like to welcome everyone to the Campbell Soup Third Quarter Fiscal 2021 Earnings Conference Call. Today's call is being recorded. [Operator Instructions] With that, I would now like to hand the conference over to your host, Ms. Rebecca Gardy. Ms. Gardy, you may begin your conference. Rebecca Gardy -- Vice President, Investor Relations Good morning and welcome to Campbell's third quarter fiscal 2021 earnings presentation. I'm Rebecca Gardy, Vice President of Investor Relations. Following the completion of this call, a copy of this presentation and a replay of the webcast will be available at investor.campbellsoupcompany.com. A transcript of this earnings conference …
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Dixon Tech plans to export 5G millimetre phone to US, jack up production capacity
Dixon Technologies (India) | In the last 6 days, the stock has risen 23 percent to Rs 17342.55, as on February 8 from Rs 14129.90 as on January 29, 2021. Domestic electronics manufacturing firm Dixon Technology has started manufacturing 5G millimetre waves smartphones which will be the first set of devices in the segment to be exported from India, a top company official said on Sunday. Dixon has set up a manufacturing unit with an annual capacity of 7 million 5G millimetre (mm) phones and is setting up another factory with annual capacity of 30 million smartphones in Noida. The Orbic Myra 5G UW smartphone, which can operate in high frequency bands, is also the first smartphone that has been partly designed in India, Dixon Technologies executive chairman Sunil Vachani told PTI. The company has bagged a contract from US-based Orbic which sells smart devices for US-based telecom operators. The company has bagged a contract from US-based Orbic which sells smart devices for …
Air India privatisation saga: ‘Time we stopped paying Rs 20 crore/day of taxpayers money to keep it flying’
Air India | Representative image Two aborted missions, three different ministers, multiple rule changes, and two decades later, Indian taxpayers will no longer have to pay Rs 20 crore per day to keep the loss-making Air India flying. While opposition Congress expectedly attacked the decision as selling the family silver, DIPAM Secretary Tuhin Kanta Pandey said what Tata is getting is not a cash cow but an airline that is bleeding where money needs to be pumped in to refurbish obsolete aircraft and dust up strangled ones while being unable to touch any employee for one year and only be able to resize staff after paying a VRS. ''It won't be a very easy task there. The only advantage is they (the new Air India owner) are paying the price which they think they can manage. They are not taking the excessive debt accumulated to fund years of losses. We are continuing it as an ongoing concern... This process has also saved a huge amount of taxpayers money going forward,'' Pandey …
FTSE adds ADNOC Drilling to three of its global equity indices, says statement
- A + A DUBAI (Oct 17): Index publisher FTSE Russell has added ADNOC Drilling to three of its global equity indices, according to a statement from ADNOC Drilling. ADNOC Drilling has been added to the FTSE Global Large Cap Index, the FTSE Emerging Index, and the FTSE All-World Index, it said in a statement. The index publisher, against whose indexes funds benchmark trillions of dollars of assets, earlier announced the same to clients on Oct 4. ADNOC Drilling is a unit of Abu Dhabi National Oil Co. Baker Hughes retains a 5% share in the company. ADNOC Drilling went public earlier this month via a US$1.1 billion initial public offering, through the sale of a 11% share in the company to investors. …
Pandemic a game changer for hiring of local plantation workers
Bloomberg filepix for illustration purpose only - A + A KUALA LUMPUR (Oct 17): A shortage of foreign labour in the plantation sector due to the Covid-19 pandemic has resulted in local workers ready to fill the role. In fact, industry players describe the pandemic as a game changer in hiring local workers, while some view the period as critical in determining the industry’s survival. In Terengganu, Central Terengganu Development Authority (Ketengah) chairman Datuk Razali Idris said about 25% of the foreign workers could not be employed after they were stranded in their respective countries due to the pandemic, while their contracts could not be renewed. However, realising that this would be a challenge, Ketengah immediately organised a short-term course on oil palm plantation supervision and operation (K-POLKS) as a pilot programme, first implemented last year to train local youth in the industry. "We quickly developed this transformation plan as we sought …
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edotco and GPM launch life project to preserve ecosystem
- A + A TANJONG KARANG (Oct 17): edotco Malaysia (edotco) and Global Peace Mission (GPM) of Malaysia have launched a collaboration project called "Love Initiative for Earth" (LIFE) to preserve the ecosystem and foster environmental sustainability. Managing director of edotco Malaysia Wan Zainal Adileen said the LIFE project involves five states in Malaysia and targets the collection of 50 tonnes of recyclable waste for a sustainable future. “On the launching day of LIFE project in Selangor, as much as 120 parcels of recyclable waste materials were collected by the villagers of Kampung Sungai Kajang in Tanjung Karang. “At the same time, 20 Bucida trees (pokok doa) were planted at one of the sites of the earliest palm sugar processing factory in the country,” he said at the launching ceremony of LIFE project here on Sunday. Wan Zainal said the project begins with the awareness phase where a community is first educated on the importance of a sustainable environment …
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Resisting financial fraud in the digital age
- A + A KUALA LUMPUR (Oct 17): Losing money that you work hard for is a harrowing experience, especially when it is the last bit left in your account. But what can we do about it? Are we a victim of fraud and should we be quiet about it? Financial fraud has been on the rise since the digital boom and it has worsened since the country was ravaged by Covid-19. Desperation for financial relief among the people and low levels of financial literacy have given scammers an opportunity to prey on victims, especially involving personal loans. Low rates, regardless of your credit worthiness, are the main key selling points for scammers. As people become desperate, they tend to lose confidence in their position and start to believe what is being said by scammers. To make things worse, such scams were advertised legally on social media, hence, attracting many Malaysians who have little financial knowledge or nothing on what entails in the loan application process and the …
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