News Stocks 

If you invested $1,000 in IBM 10 years ago, here’s how much you’d have now

“The company is looking to build on that success: For all of 2018, IBM generated $13.81 in earnings per share, excluding certain items” writes Brendan Mcdermid for cnbc.com. IBM has proven to be an enduringly successful company.The company has been on an upswing in 2019: It started the year strong by beating earnings estimates and reporting better-than-expected full-year guidance. Source: cnbc.com

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Markets News Stocks 

Marijuana sector trades higher after Aurora Cannabis hires Nelson Peltz

“Aurora stock trades under the ticker ACB on both the New York Stock Exchange and the Toronto Stock Exchange” reports etfdailynews.com. Aurora Cannabis announced Wednesday that it has appointed longtime activist investor Nelson Peltz as a strategic advisor.But Peltz will also prove a valuable addition to Aurora for his deep knowledge of the consumer goods industry, where he’s tended to focus his investments.The company added that it has granted Peltz options to purchase 19.96 million common Aurora shares at a price of 10.34 Canadian dollars ($7.74). Source: etfdailynews.com

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Insys Therapeutics’ auditor raises going concern doubts, shares drop

“(Reuters) – Insys Therapeutics Inc said on Wednesday its auditor raised doubts on the drugmaker’s ability to continue as a going concern, sending its shares down 13 percent” writes Midwest Communications Inc for 95kqds.com. Shares of the company fell 13 percent to $4.94 in morning trading.”If we are unable to obtain sufficient funding, we would need to significantly reduce our operating plans and curtail some or all of our product development, commercialization and strategic plans,” the company said in a regulatory filing.The company had come under fire for its marketing…

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Ana Palacio: The only way to stop fake news is to eliminate our demand for it

“Europe has led the way in developing policy responses, such as soft guidelines for industry, national legislation, and strategic communications” writes Ana Palacio for marketwatch.com. Governments, lobby groups, and other interests have long relied on disinformation as a tool of manipulation and control.Beyond introducing falsehoods into public discourse, the spread of disinformation can undermine the possibility of discourse itself, by calling into question actual facts.Early this month, the Atlantic Council organized #DisinfoWeek Europe, a series of strategic dialogues focused on the global challenge of disinformation. Source: marketwatch.com

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News 

The only way to stop fake news is to eliminate our demand for it

“Europe has led the way in developing policy responses, such as soft guidelines for industry, national legislation, and strategic communications” writes Ana Palacio for marketwatch.com. Governments, lobby groups, and other interests have long relied on disinformation as a tool of manipulation and control.Beyond introducing falsehoods into public discourse, the spread of disinformation can undermine the possibility of discourse itself, by calling into question actual facts.Early this month, the Atlantic Council organized #DisinfoWeek Europe, a series of strategic dialogues focused on the global challenge of disinformation. Source: marketwatch.com

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Why Visionary Leadership Fails

“This is why company leadership frameworks typically list visionary leadership as a key leadership competency for managers” reports hbr.org. Not surprisingly, then, science and practice have a very positive view of visionary leadership as a critical leadership competency.Almost invariably, visionary leadership is seen as a crucial leadership competency in such efforts. Our research suggests that such efforts are well-advised to ensure that companies benefit from developing their managers’ visionary leadership rather than suffer its dark side.For managers that were misaligned with the company strategy, however, there was a dark side…

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Jobcase Closes $100M Growth Equity Financing

“The round was led by Providence Strategic Growth (PSG), an affiliate of Providence Equity Partners L.L.C., a global private equity and credit investment firm with $57 billion in capital under management” reports finsmes.com. The company currently serves more than 100 million registered members with over 25 million unique active visiting the site each month.The company intends to use the funds to accelerate product development and services for Jobcasers (Jobcase members) via internal growth and/or strategic acquisitions. Source: finsmes.com

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Trump will make a deal with his ‘friend’ Kim Jong Un just like he did with Congress

“The stakes with Kim Jong Un and North Korea are nuclear war” reports washingtonexaminer.com. Then again, Kim isn’t Congress, and the threat of nuclear war isn’t a border wall.Sure, Kim has no strategic interest in striking first, as he’s exponentially outnumbered and sure to lose.With “friends” like these, who needs enemies? (Certainly not Trump, who’s expected to head into negotiations with Kim after staying up all night to watch his former fixer publicly burn him under oath. Source: washingtonexaminer.com

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News Oil 

Exclusive: Energy trader Gunvor mulls asset sales after first annual loss

“It became at one point the biggest seller of Russian oil thanks to what it described as excellent Russian connections” reports businessinsider.com. Its role in Russian oil shrank earlier this decade and the trading house diversified into other areas and products.LONDON (Reuters) – Energy trader Gunvor Group is considering selling non-core assets in Russia and finding a strategic partner for its German refinery as it tries to recover from the first-ever annual loss it suffered in 2018, trading and banking sources said. Source: businessinsider.com

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