Apple CEO Tim Cook is stepping down from the job that he inherited from the late Steve Jobs, ending a nearly 15-year reign that saw the company’s market value soar by more than US$3.6 trillion during an iPhone-fuelled era of prosperity. Cook, 65, will turn the CEO duties over to Apple’s head of hardware engineering, John Ternus, on September 1 while remaining involved with the Cupertino, Californi...
Apple CEO Tim Cook is stepping down from the job that he inherited from the late Steve Jobs, ending a nearly 15-year reign that saw the company’s market value soar by more than US$3.6 trillion during an iPhone-fuelled era of prosperity. Cook, 65, will turn the CEO duties over to Apple’s head of hardware engineering, John Ternus, on September 1 while remaining involved with the Cupertino, California, company as executive chairman. That is similar to the transitions made by Amazon’s Jeff Bezos and...
Magna Mining press release ( MGMNF ): Q4 Non-GAAP EPS of -C$0.03. Revenue of C$24.81M. More on Magna Mining Inc. Historical earnings data for Magna Mining Inc. Financial information for Magna Mining Inc.
Magna Mining press release ( MGMNF ): Q4 Non-GAAP EPS of -C$0.03. Revenue of C$24.81M. More on Magna Mining Inc. Historical earnings data for Magna Mining Inc. Financial information for Magna Mining Inc.
jfmdesign/iStock Unreleased via Getty Images I haven't covered consumer products company Kimberly-Clark Corporation (NYSE: KMB ) since late 2024. At the time, I argued that shares were a hold, as the company's fine valuation was offset by limited growth prospects . With the benefit of hindsight, the valuation wasn't low enough to make for a good entry point. In the back half of 2025, Kimberly-Clar...
jfmdesign/iStock Unreleased via Getty Images I haven't covered consumer products company Kimberly-Clark Corporation (NYSE: KMB ) since late 2024. At the time, I argued that shares were a hold, as the company's fine valuation was offset by limited growth prospects . With the benefit of hindsight, the valuation wasn't low enough to make for a good entry point. In the back half of 2025, Kimberly-Clark stumbled out of the bottom of its five-year trading range, and shares further slipped to below the $100/share level to start the current year: Data by YCharts The drop came about, in large part, due to negative market reaction around Kimberly-Clark's planned mega-merger with Kenvue ( KVUE ). While that negative reaction is understandable, if successful, this merger could solve the underlying growth issue that has plagued Kimberly-Clark in recent years. In any case, the combination of the pending merger and lower starting valuation has done enough to warrant an upgrade for KMB stock today. On The Kenvue Deal I had a bullish position in Kenvue stock prior to Kimberly-Clark announcing its M&A deal last fall. The takeaway from that being that I felt Kenvue had fallen significantly below fair value and marked an attractive opportunity at its pre-deal trading price. In my view, that discount came about because of an overly negative assessment of Kenvue's liability risk tied to Tylenol and its purported links to autism. While there is certainly the possibility of negative legal outcomes, the scientific evidence does not appear to be especially worrisome for Tylenol, and thus my assumption is that the ultimate financial cost tied to Tylenol liabilities will be manageable. I see a lot of commentary on the deal suggesting that Kenvue is in an operational rut. Purely if you go off the stock price, I can see how people come to that conclusion. However, if you put the legal matters aside, I believe KVUE stock would otherwise still be trading in the $20s, and there would be more balanc...
Chavez-DeRemer, entangled in string of controversies, leaving for private sector, president’s spokesperson says Donald Trump’s labor secretary Lori Chavez-DeRemer is stepping down, the administration announced Monday. “Labor Secretary Lori Chavez-DeRemer will be leaving the Administration to take a position in the private sector,” Trump spokesperson Steven Cheung wrote on social media. “She has do...
Chavez-DeRemer, entangled in string of controversies, leaving for private sector, president’s spokesperson says Donald Trump’s labor secretary Lori Chavez-DeRemer is stepping down, the administration announced Monday. “Labor Secretary Lori Chavez-DeRemer will be leaving the Administration to take a position in the private sector,” Trump spokesperson Steven Cheung wrote on social media. “She has done a phenomenal job in her role by protecting American workers, enacting fair labor practices, and helping Americans gain additional skills to improve their lives.” Continue reading...