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2021-12-29

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2021-12-29

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PayPal Has a Strong Story If You Look Beyond the Noise<blockquote>如果你超越噪音，PayPal有一个强有力的故事</blockquote>

2021-12-29

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Cathie Wood's prediction for a 20% gain in 2021 sours as Ark's flagship fund sees worst return since inception<blockquote>凯西·伍德 (Cathie Wood) 对 2021 年增长 20% 的预测变质，因为方舟旗舰基金出现自成立以来最差的回报</blockquote>

2021-12-29

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2021-12-28

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2021-12-28

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2021-12-28

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2021-12-27

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2021-12-27

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AT&T Slashed Promised Life Insurance for Former Workers—and Time Runs Out at Year-End<blockquote>AT&T 削减了前员工承诺的人寿保险——年底时间不多了</blockquote>

2021-12-27

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Santa Claus Rally watch: What to know this week<blockquote>圣诞老人集会手表：本周须知</blockquote>

2021-12-26

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SPAC SHUAA Partners Acquisition I files for a $200 million IPO, targeting tech in the MENAT region<blockquote>SPAC SHUAA Partners Acquisition I 申请 2 亿美元 IPO，目标是梅纳特地区的科技</blockquote>

2021-12-26

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Electric boat developer Forza X1 files for a $29 million IPO<blockquote>电动船开发商 Forza X1 申请 2900 万美元 IPO</blockquote>

2021-12-26

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Scottish biotech TC BioPharm lowers deal size by 40%, adds warrants ahead of $30 million US IPO<blockquote>苏格兰生物技术公司 TC BioPharm 将交易规模降低 40%，并在 3000 万美元美国 IPO 之前增加认股权证</blockquote>

2021-12-26

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Disruptive tech SPAC Future Tech II Acquisition files for a $100 million IPO<blockquote>Disruptive Tech SPAC Future Tech II 收购申请 1 亿美元 IPO</blockquote>

2021-12-26

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2021-12-26

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2021-12-26

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2021-12-25

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2021-12-25

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2021-12-25

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n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696426178","repostId":"2194074487","repostType":4,"isVote":1,"tweetType":1,"viewCount":3266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696426942,"gmtCreate":1640751236522,"gmtModify":1640751237234,"author":{"id":"3583570345500843","authorId":"3583570345500843","name":"sfleong1","avatar":"https://static.tigerbbs.com/2ec42f3f2b911279950a45a9140bc358","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583570345500843","idStr":"3583570345500843"},"themes":[],"title":"","htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/696426942","repostId":"1198739062","repostType":4,"repost":{"id":"1198739062","kind":"news","pubTimestamp":1640749914,"share":"https://www.laohunote.com/m/news/1198739062?lang=zh_CN&edition=full","pubTime":"2021-12-29 11:51","market":"us","language":"en","title":"PayPal Has a Strong Story If You Look Beyond the Noise<blockquote>如果你超越噪音，PayPal有一个强有力的故事</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1198739062","media":"InvestorPlace","summary":"The last six months of 2021 have not been kind to investors in PayPal (NASDAQ:PYPL) stock.\nFrom its ","content":"<p><div> The last six months of 2021 have not been kind to investors in PayPal (NASDAQ:PYPL) stock. From its peak closing price of $310.16 per share, PYPL stock has dipped nearly 40% and now sits at $190.1. ...</p><p><blockquote><div>2021 年的最后六个月对PayPal（纳斯达克股票代码：PYPL）股票的投资者来说并不友好。PYPL股票从每股310.16美元的峰值收盘价下跌了近40%，目前为190.1美元。...</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/pypl-stock-looks-like-strong-buy-if-you-tune-out-noise/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/pypl-stock-looks-like-strong-buy-if-you-tune-out-noise/\">网页连接</a></blockquote></p><p></p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PayPal Has a Strong Story If You Look Beyond the Noise<blockquote>如果你超越噪音，PayPal有一个强有力的故事</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPayPal Has a Strong Story If You Look Beyond the Noise<blockquote>如果你超越噪音，PayPal有一个强有力的故事</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">InvestorPlace</strong><span class=\"h-time small\">2021-12-29 11:51</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> The last six months of 2021 have not been kind to investors in PayPal (NASDAQ:PYPL) stock. From its peak closing price of $310.16 per share, PYPL stock has dipped nearly 40% and now sits at $190.1. ...</p><p><blockquote><div>2021 年的最后六个月对PayPal（纳斯达克股票代码：PYPL）股票的投资者来说并不友好。PYPL股票从每股310.16美元的峰值收盘价下跌了近40%，目前为190.1美元。...</div></blockquote></p><p>  <a href=\"https://investorplace.com/2021/12/pypl-stock-looks-like-strong-buy-if-you-tune-out-noise/\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://investorplace.com/2021/12/pypl-stock-looks-like-strong-buy-if-you-tune-out-noise/\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://investorplace.com/2021/12/pypl-stock-looks-like-strong-buy-if-you-tune-out-noise/\">InvestorPlace</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal"},"source_url":"https://investorplace.com/2021/12/pypl-stock-looks-like-strong-buy-if-you-tune-out-noise/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198739062","content_text":"The last six months of 2021 have not been kind to investors in PayPal (NASDAQ:PYPL) stock.\nFrom its peak closing price of $310.16 per share, PYPL stock has dipped nearly 40% and now sits at $190.1.\nInvestors have some reason to believe that PYPL stock was overvalued. For example, investors are becoming concerned that PayPal’s supremacy in digital payment solutions is being successfully eroded by competition.\nAlso, the company’s long-anticipated breakup with eBay (NASDAQ:EBAY)reached its conclusion in June. This was really a case of two companies that are moving in different directions.\nAs Dana Blankenhorn points out, PayPal is now a “fully grown banking operation.” Although the company delivered a solid first earnings report with significantly reduced eBay revenue, investors may be concerned about two consecutive quarters of slowing growth.\nThe company is also facing questions about the consumer protections (or lack thereof) in its push into the buy now pay later (BNPL) arena.\nSpecifically, the Consumer Financial Protection Bureau (CFPB) is looking into how PayPal and other BNPL companies may be using user data and how these companies may be getting around existing consumer protection laws.\nThat’s a lot for investors to process. As a company still recognized as part of the technology sector, PayPal faces the same headwinds that all tech stocks are enduring.\nWith that said, the sell-off in PayPal looks overdone. And that’s why opportunistic investors should consider PYPL stock a solid choice as they look ahead to 2022.\nThe Business Model is Sound\nThe biggest reason I believe that the sell-off in PayPal is overdone is that none of the issues mentioned above changes the overall narrative for PayPal. The company remains one of the unquestioned leaders in the digital payment sector. In fact, it has an enviable market penetration rate of around 75%.\nAnd, as its recent partnership with Amazon (NASDAQ:AMZN) shows, it has no problem adding clients to its roster. Specifically, starting in 2022 Amazon will offer the Venmo payment option at checkout on its webpage as well as the Amazon shopping app.\nAnother reason to be bullish about PYPL stock can be found in the company’s financials.\nIn the first three quarters of 2021, PayPal has reported revenue of $18.45 billion. That’s 13% higher on a year-over-year basis and puts the company well on pace to eclipse the $21.46 billion in revenue it recorded in all of FY 2020.\nThe company is forecasting revenue to come in at $25.36 billion. And a similar story is on display with the company’s earnings which are up 17% on a year-over-year basis.\nLooking ahead to 2022, PayPal estimates its revenue will increase 18%. That’s slightly less than the 19% analysts were forecasting. That isn’t the growth of a struggling company.\nIf you’re a fan of free cash flow (FCF) as a metric of financial health, you should pay attention to what Mark Hake recently wrote about how PayPal’s strong FCF makes the stock an undervalued option.\nPYPL Stock Is a Clear Buy-the-Dip Candidate\nIf you don’t buy into that from a technical standpoint, consider the reaction of the analyst community. Since PayPal reported earnings, at least 20 analysts have lowered their price target for PYPL stock. However, it’s important to note that in every case the new price target is higher than the stock’s current price.\nAs any investor knows, that doesn’t mean that PYPL stock doesn’t have further to drop. Investors will do what they want. However, it does seem that the stock has absorbed all the bad news.\nPayPal needs a bullish catalyst, and that might come when it reports earnings at the beginning of February. That’s a long winter’s night away, but it shouldn’t stop you from opening or adding to your position in PYPL stock.","news_type":1,"symbols_score_info":{"PYPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2868,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696426090,"gmtCreate":1640751226077,"gmtModify":1640751226773,"author":{"id":"3583570345500843","authorId":"3583570345500843","name":"sfleong1","avatar":"https://static.tigerbbs.com/2ec42f3f2b911279950a45a9140bc358","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583570345500843","idStr":"3583570345500843"},"themes":[],"title":"","htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/696426090","repostId":"1121988660","repostType":4,"repost":{"id":"1121988660","kind":"news","pubTimestamp":1640750325,"share":"https://www.laohunote.com/m/news/1121988660?lang=zh_CN&edition=full","pubTime":"2021-12-29 11:58","market":"us","language":"en","title":"Cathie Wood's prediction for a 20% gain in 2021 sours as Ark's flagship fund sees worst return since inception<blockquote>凯西·伍德 (Cathie Wood) 对 2021 年增长 20% 的预测变质，因为方舟旗舰基金出现自成立以来最差的回报</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1121988660","media":"Businessinsider","summary":"Cathie Wood's expectation for a 20% gain in her Ark Invest flagship fund didn't pan out this year.\nA","content":"<p><ul>  <li>Cathie Wood's expectation for a 20% gain in her Ark Invest flagship fund didn't pan out this year.</li>  <li>Ark Invest's Disruptive Innovation ETF instead has fallen more than 20% in 2021, representing its worst return since inception.</li>  <li>Wood now expects the growth-oriented ETF to deliver a compounded annual growth rate of up to 40% over the next 5 years.</li> </ul> <hr> It's been a difficult year for investors in Ark Invest's flagshipDisruptive Innovation ETF, with the fund on track for its worst year of performance since launching in 2014.</p><p><blockquote><ul><li>凯西·伍德 (Cathie Wood) 对她的方舟投资旗舰基金 20% 收益的预期今年没有实现。</li><li>Ark Investment 的颠覆性创新 ETF 在 2021 年下跌了 20% 以上，创下自成立以来的最差回报。</li><li>Wood 目前预计，这款以增长为导向的 ETF 将在未来 5 年内实现高达 40% 的复合年增长率。</li></ul><hr/>对于 Ark Investment 旗舰颠覆性创新 ETF 的投资者来说，今年是艰难的一年，该基金有望创下自 2014 年推出以来最差的一年业绩。</blockquote></p><p> That's after the ETF delivered sky-high returns of 150% in 2020, helping Ark Invest amass more than $17 billion in assets under management in its flagship fund. The ETF is down 21% in 2021, while theS&amp;P 500is up about 30% year-to-date.</p><p><blockquote>此前，该 ETF 在 2020 年实现了 150% 的天价回报率，帮助 Ark Invest 在其旗舰基金中积累了超过 170 亿美元的管理资产。该 ETF 在 2021 年下跌了 21%，而标准普尔 500 指数今年迄今上涨了约 30%。</blockquote></p><p> Ark Invest's poor returns in 2021 were likely a surprise to Cathie Wood, who forecasted a five-year compounded annual growth rateof 20% in December of 2020.She now expects even higher returns looking forward, with a recent blog post outlining her view that the fund could deliver a&nbsp;five-year compounded annual growth rate of up to 40%.</p><p><blockquote>Ark Investment 2021 年的糟糕回报可能会让 Cathie Wood 感到意外，她预测 2020 年 12 月的五年复合年增长率为 20%。她现在预计未来会有更高的回报，最近的一篇博客文章概述了她的观点，即该基金可以实现高达 40% 的五年复合年增长率。</blockquote></p><p> But Wood's prediction for a 20% gain in 2021 looked to be correct earlier this year, with the fund up 25% at its peak in February. Since then, a downturn in work-from-home stocks and unprofitable technology names dragged down its performance considerably.</p><p><blockquote>但伍德对 2021 年上涨 20% 的预测在今年早些时候似乎是正确的，该基金在 2 月份的峰值上涨了 25%。此后，在家工作股票的下跌和无利可图的科技公司大大拖累了其业绩。</blockquote></p><p> The stocks&nbsp;that hit Ark Invest's performance the mostincludeTeladocandZoom Video, which are both down about 50% this year and lowered the fund by 550 and 386 basis points, respectively, according to data fromKoyfin.</p><p><blockquote>根据 Koyfin 的数据，对 Ark Investment 业绩打击最大的股票包括 Teladocand Zoom Video，这两只股票今年均下跌了约 50%，分别使该基金下跌了 550 个基点和 386 个基点。</blockquote></p><p> Those losses far outweighed Ark Invest's top performing holding,Tesla, which is up more than 56% year-to-date and boosted the fund by 286 basis points.</p><p><blockquote>这些损失远远超过了 Ark Investment 表现最好的持股特斯拉，后者今年迄今已上涨超过 56%，使该基金股价上涨了 286 个基点。</blockquote></p><p> And it's not just Ark Invest's flagship ETF that has had a rough year, with five out of Ark's six active ETF's delivering negative returns year-to-date. The&nbsp;Ark Genomic Revolution ETFis the worst performing fund, down about 33% year-to-date, while the&nbsp;Ark Autonomous Technology and Robotics ETF&nbsp;is the best performing fund, up about 3%.</p><p><blockquote>不仅仅是 Ark Investment 的旗舰 ETF 今年经历了艰难的一年，Ark 的六只活跃 ETF 中有五只今年迄今为止实现了负回报。Ark Genomic Revolution ETF 是表现最差的基金，今年迄今已下跌约 33%，而 Ark Autonomous Technology and Robotics ETF 是表现最好的基金，上涨约 3%。</blockquote></p><p></p>","source":"lsy1636471102575","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood's prediction for a 20% gain in 2021 sours as Ark's flagship fund sees worst return since inception<blockquote>凯西·伍德 (Cathie Wood) 对 2021 年增长 20% 的预测变质，因为方舟旗舰基金出现自成立以来最差的回报</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's prediction for a 20% gain in 2021 sours as Ark's flagship fund sees worst return since inception<blockquote>凯西·伍德 (Cathie Wood) 对 2021 年增长 20% 的预测变质，因为方舟旗舰基金出现自成立以来最差的回报</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Businessinsider</strong><span class=\"h-time small\">2021-12-29 11:58</span>\n</p>\n</h4>\n</header>\n<article>\n<p><ul>  <li>Cathie Wood's expectation for a 20% gain in her Ark Invest flagship fund didn't pan out this year.</li>  <li>Ark Invest's Disruptive Innovation ETF instead has fallen more than 20% in 2021, representing its worst return since inception.</li>  <li>Wood now expects the growth-oriented ETF to deliver a compounded annual growth rate of up to 40% over the next 5 years.</li> </ul> <hr> It's been a difficult year for investors in Ark Invest's flagshipDisruptive Innovation ETF, with the fund on track for its worst year of performance since launching in 2014.</p><p><blockquote><ul><li>凯西·伍德 (Cathie Wood) 对她的方舟投资旗舰基金 20% 收益的预期今年没有实现。</li><li>Ark Investment 的颠覆性创新 ETF 在 2021 年下跌了 20% 以上，创下自成立以来的最差回报。</li><li>Wood 目前预计，这款以增长为导向的 ETF 将在未来 5 年内实现高达 40% 的复合年增长率。</li></ul><hr/>对于 Ark Investment 旗舰颠覆性创新 ETF 的投资者来说，今年是艰难的一年，该基金有望创下自 2014 年推出以来最差的一年业绩。</blockquote></p><p> That's after the ETF delivered sky-high returns of 150% in 2020, helping Ark Invest amass more than $17 billion in assets under management in its flagship fund. The ETF is down 21% in 2021, while theS&amp;P 500is up about 30% year-to-date.</p><p><blockquote>此前，该 ETF 在 2020 年实现了 150% 的天价回报率，帮助 Ark Invest 在其旗舰基金中积累了超过 170 亿美元的管理资产。该 ETF 在 2021 年下跌了 21%，而标准普尔 500 指数今年迄今上涨了约 30%。</blockquote></p><p> Ark Invest's poor returns in 2021 were likely a surprise to Cathie Wood, who forecasted a five-year compounded annual growth rateof 20% in December of 2020.She now expects even higher returns looking forward, with a recent blog post outlining her view that the fund could deliver a&nbsp;five-year compounded annual growth rate of up to 40%.</p><p><blockquote>Ark Investment 2021 年的糟糕回报可能会让 Cathie Wood 感到意外，她预测 2020 年 12 月的五年复合年增长率为 20%。她现在预计未来会有更高的回报，最近的一篇博客文章概述了她的观点，即该基金可以实现高达 40% 的五年复合年增长率。</blockquote></p><p> But Wood's prediction for a 20% gain in 2021 looked to be correct earlier this year, with the fund up 25% at its peak in February. Since then, a downturn in work-from-home stocks and unprofitable technology names dragged down its performance considerably.</p><p><blockquote>但伍德对 2021 年上涨 20% 的预测在今年早些时候似乎是正确的，该基金在 2 月份的峰值上涨了 25%。此后，在家工作股票的下跌和无利可图的科技公司大大拖累了其业绩。</blockquote></p><p> The stocks&nbsp;that hit Ark Invest's performance the mostincludeTeladocandZoom Video, which are both down about 50% this year and lowered the fund by 550 and 386 basis points, respectively, according to data fromKoyfin.</p><p><blockquote>根据 Koyfin 的数据，对 Ark Investment 业绩打击最大的股票包括 Teladocand Zoom Video，这两只股票今年均下跌了约 50%，分别使该基金下跌了 550 个基点和 386 个基点。</blockquote></p><p> Those losses far outweighed Ark Invest's top performing holding,Tesla, which is up more than 56% year-to-date and boosted the fund by 286 basis points.</p><p><blockquote>这些损失远远超过了 Ark Investment 表现最好的持股特斯拉，后者今年迄今已上涨超过 56%，使该基金股价上涨了 286 个基点。</blockquote></p><p> And it's not just Ark Invest's flagship ETF that has had a rough year, with five out of Ark's six active ETF's delivering negative returns year-to-date. The&nbsp;Ark Genomic Revolution ETFis the worst performing fund, down about 33% year-to-date, while the&nbsp;Ark Autonomous Technology and Robotics ETF&nbsp;is the best performing fund, up about 3%.</p><p><blockquote>不仅仅是 Ark Investment 的旗舰 ETF 今年经历了艰难的一年，Ark 的六只活跃 ETF 中有五只今年迄今为止实现了负回报。Ark Genomic Revolution ETF 是表现最差的基金，今年迄今已下跌约 33%，而 Ark Autonomous Technology and Robotics ETF 是表现最好的基金，上涨约 3%。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://markets.businessinsider.com/news/etf/ark-invest-worst-return-since-inception-cathie-wood-prediction-flops-2021-12\">Businessinsider</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF"},"source_url":"https://markets.businessinsider.com/news/etf/ark-invest-worst-return-since-inception-cathie-wood-prediction-flops-2021-12","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121988660","content_text":"Cathie Wood's expectation for a 20% gain in her Ark Invest flagship fund didn't pan out this year.\nArk Invest's Disruptive Innovation ETF instead has fallen more than 20% in 2021, representing its worst return since inception.\nWood now expects the growth-oriented ETF to deliver a compounded annual growth rate of up to 40% over the next 5 years.\n\n\nIt's been a difficult year for investors in Ark Invest's flagshipDisruptive Innovation ETF, with the fund on track for its worst year of performance since launching in 2014.\nThat's after the ETF delivered sky-high returns of 150% in 2020, helping Ark Invest amass more than $17 billion in assets under management in its flagship fund. The ETF is down 21% in 2021, while theS&P 500is up about 30% year-to-date.\nArk Invest's poor returns in 2021 were likely a surprise to Cathie Wood, who forecasted a five-year compounded annual growth rateof 20% in December of 2020.She now expects even higher returns looking forward, with a recent blog post outlining her view that the fund could deliver a five-year compounded annual growth rate of up to 40%.\nBut Wood's prediction for a 20% gain in 2021 looked to be correct earlier this year, with the fund up 25% at its peak in February. Since then, a downturn in work-from-home stocks and unprofitable technology names dragged down its performance considerably.\nThe stocks that hit Ark Invest's performance the mostincludeTeladocandZoom Video, which are both down about 50% this year and lowered the fund by 550 and 386 basis points, respectively, according to data fromKoyfin.\nThose losses far outweighed Ark Invest's top performing holding,Tesla, which is up more than 56% year-to-date and boosted the fund by 286 basis points.\nAnd it's not just Ark Invest's flagship ETF that has had a rough year, with five out of Ark's six active ETF's delivering negative returns year-to-date. The Ark Genomic Revolution ETFis the worst performing fund, down about 33% year-to-date, while the Ark Autonomous Technology and Robotics ETF is the best performing fund, up about 3%.","news_type":1,"symbols_score_info":{"ARKK":0.9}},"isVote":1,"tweetType":1,"viewCount":5007,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":696428772,"gmtCreate":1640751215654,"gmtModify":1640751216301,"author":{"id":"3583570345500843","authorId":"3583570345500843","name":"sfleong1","avatar":"https://static.tigerbbs.com/2ec42f3f2b911279950a45a9140bc358","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583570345500843","idStr":"3583570345500843"},"themes":[],"title":"","htmlText":"Like n comment","listText":"Like n comment","text":"Like n 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comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698722891","repostId":"1178126612","repostType":4,"repost":{"id":"1178126612","kind":"news","pubTimestamp":1640561423,"share":"https://www.laohunote.com/m/news/1178126612?lang=zh_CN&edition=full","pubTime":"2021-12-27 07:30","market":"us","language":"en","title":"AT&T Slashed Promised Life Insurance for Former Workers—and Time Runs Out at Year-End<blockquote>AT&amp;T 削减了前员工承诺的人寿保险——年底时间不多了</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1178126612","media":"WSJ","summary":"When Dean Allison left his job as a property manager atAT&TT0.36%in 1998, the company offered an inc","content":"<p>When Dean Allison left his job as a property manager atAT&amp;TT0.36%in 1998, the company offered an incentive to retire: a payment of at least $63,000 upon his death.</p><p><blockquote>当迪恩·艾利森 (Dean Allison) 于 1998 年辞去 atAT&amp;TT0.36% 物业经理的工作时，公司提供了退休激励：在他去世时至少支付 63,000 美元。</blockquote></p><p> He took the deal, figuring the money would someday help his wife cover funeral expenses, pay outstanding bills and have more to live on.</p><p><blockquote>他接受了这笔交易，认为这笔钱有一天会帮助他的妻子支付丧葬费用，支付未付账单，并有更多的生活。</blockquote></p><p> Early in 2021, AT&amp;T told Mr. Allison it would pay no more than $15,000 if he dies after Dec. 31.</p><p><blockquote>2021年初，美国电话电报公司告诉艾利森，如果他在12月31日之后去世，它将支付不超过15,000美元。</blockquote></p><p> AT&amp;T’s decision to cut life insurance and death benefits as of Jan. 1 for many of the 220,000 retirees eligible for the benefits has roiled a generation of workers who say their former employer is reneging on a promise.</p><p><blockquote>AT&amp;T 决定从 1 月 1 日起削减 22 万名有资格领取人寿保险和死亡抚恤金的退休人员中的许多人的人寿保险和死亡抚恤金，这让一代工人感到不安，他们说他们的前雇主正在违背承诺。</blockquote></p><p> The cuts don’t apply to top executives, who have life insurance under a separate company-paid program, which the company can’t reduce without their permission. AT&amp;T will pay heirs of Randall Stephenson, who left as chief executive in 2020, $3.6 million under a life-insurance plan reviewed by the board last year, securities filings show.</p><p><blockquote>裁员不适用于高管，他们根据公司支付的单独计划购买了人寿保险，未经他们的许可，公司不得削减人寿保险。证券文件显示，根据董事会去年审查的人寿保险计划，美国电话电报公司将向 2020 年卸任首席执行官的兰德尔·斯蒂芬森 (Randall Stephenson) 的继承人支付 360 万美元。</blockquote></p><p> AT&amp;T said that the cuts for other retirees will bring their benefits more in line with benefits at other large employers, and that the change will increase payouts at death for more than 1,000 retirees. It said only a handful of Fortune 100 companies still offer most employees life insurance that continues after retirement.</p><p><blockquote>美国电话电报公司表示，对其他退休人员的削减将使他们的福利与其他大型雇主的福利更加一致，这一变化将增加 1,000 多名退休人员的死亡抚恤金。报告称，只有少数财富 100 强公司仍在为大多数员工提供退休后继续的人寿保险。</blockquote></p><p> “We are working hard to responsibly balance the needs of the business and our taking care of our current 200,000 employees and 500,000 retirees and their dependents,” said an AT&amp;T spokesman, Fletcher Cook. “It is admittedly a balancing act—one that many companies have not successfully navigated.”</p><p><blockquote>“美国电话电报公司发言人弗莱彻-库克（Fletcher Cook）说：”我们正在努力工作，负责任地平衡业务需求和我们对现有 20 万名员工和 50 万名退休人员及其家属的照顾。“诚然，这是一种平衡行为--许多公司都没有成功驾驭这种行为”。</blockquote></p><p> That’s little comfort to Mr. Allison, 75 years old, of Stuart, Fla. “If they had told me this 10 years ago, that they were going to cut this, I could have done some planning,” he said.</p><p><blockquote>这对佛罗里达州斯图尔特市 75 岁的艾利森先生来说并不是什么安慰。“他说：”如果他们在 10 年前就告诉我，他们要削减开支，我本可以做些计划。</blockquote></p><p> Today’s AT&amp;T Inc. is the product of decades of splits and mergers, a remnant of the telephone monopoly nicknamed “Ma Bell” that shed its regional operations in 1984. Other offshoots of that breakup have treated retirees’ benefits differently.</p><p><blockquote>今天的 AT&amp;T 公司是数十年分拆和合并的产物，是绰号 “马贝尔 ”的电话垄断企业的残余，该企业于 1984 年剥离了其地区业务。这种分离的其他分支对退休人员的福利也有不同的处理方式。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/16a73a1e02fbce04a6f21af3769fa8fd\" tg-width=\"1370\" tg-height=\"729\" width=\"100%\" height=\"auto\"><span>AT&amp;T retiree Monte Baggs said he expected his wife, Phillis, seated, to receive company-paid life insurance of at least $75,000 when he died, but AT&amp;T has cut it to $15,000 if he dies after Dec. 31. ‘They’re trying to recover as much as they can, but they’re doing it on the backs of their retirees,’ he said.PHOTO:TALIA HERMAN FOR THE WALL STREET JOURNAL</span></p><p><blockquote><p class=\"t-img-caption\"><span>美国电话电报公司退休人员蒙特·巴格斯 (Monte Baggs) 表示，他预计妻子菲利斯 (Phillis) 去世时将获得公司支付的至少 75,000 美元的人寿保险，但如果他在 12 月 31 日之后去世，美国电话电报公司已将其削减至 15,000 美元。他说：'他们正试图尽可能地恢复，但他们是以退休人员为代价的。照片：TALIA HERMAN FOR the WALL STREET JOURNAL</span></p></blockquote></p><p> Verizon Communications&nbsp;Inc.hasn’t reduced already-retired workers’ life insurance or death benefits, though it has sold off business units to companies that later reduced them.Qwest Communications InternationalInc.,now owned by&nbsp;Lumen TechnologiesInc.,eliminated retiree death benefits entirely, more than a decade ago. Both companies, like AT&amp;T, have capped or reduced retirees’ health benefits as well.</p><p><blockquote>威瑞森通信公司（Verizon Communications Inc.）并没有减少已经退休工人的人寿保险或死亡抚恤金，尽管它已经将业务部门出售给了后来减少这些福利的公司。Qwest Communications InternationalInc.，现在归Lumen TechnologiesInc.所有，十多年前就完全取消了退休人员的死亡抚恤金。与 AT&amp;T 一样，这两家公司也限制或减少了退休人员的医疗福利。</blockquote></p><p> In cutting existing retirees’ life-insurance benefits, AT&amp;T joins a few other large companies that have done so in recent years. In 2019,3MCo.roughly halved such benefits, andHowmet AerospaceInc.,a business carved out of&nbsp;Alcoa,eliminated life insurance for some retirees.</p><p><blockquote>在削减现有退休人员的人寿保险福利方面，AT&amp;T 加入了近年来其他几家大公司的行列。2019 年，3MCo. 将此类福利大致减半，而从美国铝业分拆出来的 Howmet AerospaceInc. 则取消了一些退休人员的人寿保险。</blockquote></p><p> Unlike AT&amp;T, both said their changes applied to executives, too. So didCortevaInc.,a seeds and chemicals company formed from DowDuPont that will end life insurance for about 50,000 retirees on Jan. 1. Vanguard Group recently backed off plans to eliminate retiree life insurance and other benefits after retirees protested.</p><p><blockquote>与美国电话电报公司不同，两家公司都表示他们的改变也适用于高管。陶氏杜邦公司成立的种子和化学品公司 CorteVainc 也是如此，该公司将于 1 月 1 日终止约 5 万名退休人员的人寿保险。在退休人员抗议后，先锋集团最近放弃了取消退休人员人寿保险和其他福利的计划。</blockquote></p><p> When AT&amp;T employees retired, the company told many of those who were managers that they had company-paid life insurance, which often equaled their final year’s pay, although the sum would decline by half once they hit age 70.</p><p><blockquote>当 AT&amp;T 员工退休时，公司会告诉许多经理，他们有公司支付的人寿保险，这通常相当于他们最后一年的工资，不过一旦他们到了 70 岁，这笔钱就会减少一半。</blockquote></p><p> Some also were told that a “death benefit,” also based on final compensation, would be payable to a surviving spouse or dependent child. Nearly a third of management retirees affected by the latest cuts were eligible for both benefits.</p><p><blockquote>一些人还被告知，同样基于最终赔偿金的 “死亡抚恤金 ”将支付给未亡配偶或受抚养子女。受最新裁员影响的近三分之一管理层退休人员有资格享受这两项福利。</blockquote></p><p> Now, the life insurance benefit, no matter at what value it started, will be $15,000 if the management retiree dies after Dec. 31. The death benefit will be capped at $25,000.</p><p><blockquote>现在，如果管理层退休人员在 12 月 31 日之后去世，人寿保险福利无论起始价值如何，都将为 15,000 美元。死亡抚恤金上限为 25,000 美元。</blockquote></p><p> Retired AT&amp;T union members also often were told they had life insurance based on their pay. This benefit, too, was designed to decline by half after they reached 70. Now, if they die after Dec. 31, it will be just $25,000. Many union retirees are due a death benefit as well; it will be capped at $25,000 after Dec. 31.</p><p><blockquote>退休的美国电话电报公司工会成员也经常被告知，他们有基于工资的人寿保险。这项福利也被设计为在他们年满 70 岁后减少一半。现在，如果他们在 12 月 31 日之后去世，则只有 25,000 美元。许多工会退休人员也有权获得死亡抚恤金；12 月 31 日之后，上限将为 25,000 美元。</blockquote></p><p></p><p> John Tucciarone, who spent 42 years managing AT&amp;T infrastructure in New York and New Jersey until his 2009 retirement, said he recalls executives defending wages that were slightly below competitors’ pay by citing the retirement benefits. “At the time, it was a from-cradle-to-grave type mentality,” said Mr. Tucciarone, a 74-year-old in Leland, N.C. “That stopped a lot of people looking at other places” for higher pay, he said.</p><p><blockquote>约翰-图恰罗内（John Tucciarone）在纽约和新泽西州管理 AT&amp;T 基础设施长达 42 年，直到 2009 年退休。“北卡罗来纳州利兰市 74 岁的图恰罗内先生说：”当时，这是一种从摇篮到坟墓的心态。“他说：”这阻止了很多人到其他地方寻找更高的薪水。</blockquote></p><p> In the mid-1990s, AT&amp;T ceased telling most new employees that their spouse would get a death benefit. After 2007, it stopped providing managers a pledge of life insurance that continued in retirement. Over the years, it also stopped basing the life insurance given to new and current union workers on their pay, instead providing a flat $15,000.</p><p><blockquote>20世纪90年代中期，美国电话电报公司不再告诉大多数新员工，他们的配偶将获得死亡抚恤金。2007 年后，它不再向经理提供退休后继续提供人寿保险。多年来，它还不再以新老工会工人的工资为基础提供人寿保险，而是提供固定的 15,000 美元。</blockquote></p><p> AT&amp;T informed retirees last winter of its plan to cut their benefits. Retirees protested to the board, and a group met with company benefits officials to urge them to reconsider.</p><p><blockquote>美国电话电报公司去年冬天向退休人员通报了削减福利的计划。退休人员向董事会提出抗议，一群人会见了公司福利官员，敦促他们重新考虑。</blockquote></p><p> AT&amp;T said directors have received the complaints, together with executives’ response, and the company has no plans to change course.</p><p><blockquote>AT&amp;T 表示，董事们已经收到了投诉以及高管的回应，公司没有改变路线的计划。</blockquote></p><p> “The marketplace that we operate in has changed. And it’s really forced us to try and still be competitive and make changes that are challenging,” said Julianne Galloway, AT&amp;T’s vice president for global benefits, who met with the retirees.</p><p><blockquote>“我们经营的市场已经发生了变化。美国电话电报公司负责全球福利的副总裁朱丽安-加洛韦（Julianne Galloway）在会见退休人员时说：”这确实迫使我们努力保持竞争力，并做出具有挑战性的改变。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bf011d62dfcfd7e43af7ebc858256763\" tg-width=\"1252\" tg-height=\"697\" width=\"100%\" height=\"auto\"><span>Mr. Allison said that when he retired, AT&amp;T promised a benefit of at least $63,000 upon his death, an amount the company has cut to $15,000 if he dies after Dec. 31.PHOTO:MELODY TIMOTHEE FOR THE WALL STREET JOURNAL</span></p><p><blockquote><p class=\"t-img-caption\"><span>艾利森先生表示，当他退休时，AT&amp;T 承诺在他去世时至少提供 63,000 美元的赔偿金，如果他在 12 月 31 日之后去世，该公司已将赔偿金削减至 15,000 美元。照片：MELODY TIMOTHEE FOR the WALL STREET JOURNAL</span></p></blockquote></p><p> Warren Miner, 84, retired in 1996 as one of AT&amp;T’s benefits directors, after several years of helping shape health and life-insurance programs like those he hoped to enjoy in retirement.</p><p><blockquote>现年 84 岁的沃伦-迈纳（Warren Miner）于 1996 年从 AT&amp;T 福利总监的职位上退休，此前他曾帮助制定他希望在退休后享受的健康和人寿保险计划。</blockquote></p><p> Mr. Miner, of Estero, Fla., counted on being eligible for about $364,000 from the combination of life insurance and a separate death benefit.</p><p><blockquote>佛罗里达州埃斯特罗的迈纳先生指望有资格从人寿保险和单独的死亡抚恤金中获得约364,000美元。</blockquote></p><p> Instead, after Dec. 31, his wife can expect at most $40,000 in total from the two programs.</p><p><blockquote>相反，12月31日之后，他的妻子可以从这两个项目中获得最多4万美元的总收入。</blockquote></p><p> “If there isn’t a legal obligation, there certainly is a moral obligation not to treat people this way,” Mr. Miner said.</p><p><blockquote>“迈纳先生说：”如果没有法律义务，那么肯定有道德义务不以这种方式对待他人。</blockquote></p><p> AT&amp;T’s Mr. Cook said the company’s “decision is very much about us fulfilling a moral obligation for more than 700,000 people, not just a select few.”</p><p><blockquote>美国电话电报公司的库克先生说，公司的 “决定在很大程度上是为了我们履行对 70 多万人的道德义务，而不仅仅是少数人”。</blockquote></p><p> Federal law bars companies from cutting pension benefits for employees after they retire, but courts have said other kinds of retiree benefits—including healthcare, life insurance and a death benefit—can be changed if employers reserved a right to do so in official documentation.</p><p><blockquote>联邦法律禁止公司在员工退休后削减养老金福利，但法院表示，如果雇主在官方文件中保留这样做的权利，其他类型的退休福利——包括医疗保健、人寿保险和死亡抚恤金——可以更改。</blockquote></p><p> Since the early 1990s, AT&amp;T has included, in plan documents, language reserving a right to change retiree benefits at any time. For certain retirees whose plan documents predate this language, life insurance isn’t changing.</p><p><blockquote>自20世纪90年代初以来，美国电话电报公司在计划文件中加入了保留随时更改退休人员福利权利的措辞。对于某些计划文件早于这种语言的退休人员来说，人寿保险并没有改变。</blockquote></p><p> Many retirees said they knew it was possible for AT&amp;T to change their benefits, but they never expected it to do so after maintaining them for decades.</p><p><blockquote>许多退休人员表示，他们知道 AT&amp;T 有可能改变他们的福利，但他们从未想到在维持了几十年后，AT&amp;T 会这样做。</blockquote></p><p> Karla Billings joined AT&amp;T in Topeka, Kan., in 1996 after being widowed at 32. She retired in 2017. She said she decided not to buy additional life insurance, figuring that AT&amp;T’s $65,000 for retired union workers at her level was enough. Now, assuming she lives past Dec. 31, the payout will be $40,000 less.</p><p><blockquote>卡拉·比林斯在堪萨斯州托皮卡加入美国电话电报公司。1996年，32岁丧偶后。她于2017年退休。她说，她决定不再购买额外的人寿保险，因为她认为 AT&amp;T 为她这个级别的退休工会工人提供的 6.5 万美元已经足够了。现在，假设她活到12月31日之后，支出将减少4万美元。</blockquote></p><p> “You’re at their mercy, and you don’t really have any recourse,” Ms. Billings said.</p><p><blockquote>“比林斯女士说：”你任由他们摆布，你真的没有任何追索权。</blockquote></p><p> In letters announcing the reductions, AT&amp;T said it often reviews its benefits to ensure it remains competitive and relevant to past and present employees.</p><p><blockquote>在宣布裁员的信中，美国电话电报公司表示，它经常审查其福利，以确保其保持竞争力并与过去和现在的员工相关。</blockquote></p><p> “We continue to provide generous retirement benefits that many in corporate America don’t offer any more,” said Mr. Cook, the spokesman. He said four out of five employees, and nearly all retirees, are covered by the company’s pension plan, and the company provides subsidized healthcare for retirees. The wireless network operator also employs a large union-represented workforce under collective bargaining agreements that many competitors don’t have.</p><p><blockquote>“发言人库克先生说：”我们将继续提供丰厚的退休福利，这是美国许多企业界所没有的。他说，五分之四的员工和几乎所有退休人员都参加了公司的养老金计划，公司还为退休人员提供医疗保健补贴。这家无线网络运营商还根据集体谈判协议雇佣了大量由工会代表的员工，这是许多竞争对手所没有的。</blockquote></p><p> Life insurance that continues in retirement was once a hallmark of work at blue-chip companies. It was still available to about a third of U.S. workers at medium-size and large companies in 1997, when the Labor Department stopped tracking it. Benefits consulting firm WillisTowers Watsonsays about 13% of the 732 U.S. and foreign companies of various sizes that it tracks offer retiree life insurance. Few of today’s new corporate giants do.</p><p><blockquote>退休后继续购买人寿保险曾经是蓝筹公司工作的标志。1997年，当劳工部停止跟踪它时，大约三分之一的美国大中型公司工人仍然可以使用它。福利咨询公司 WillisTowers Watson 表示，在其追踪的 732 家各种规模的美国和外国公司中，约有 13% 提供退休人员人寿保险。如今的新企业巨头很少有这样做。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9c34d749277776814bf9a6be8d4bbdd7\" tg-width=\"719\" tg-height=\"591\" width=\"100%\" height=\"auto\"><span>Mr. Baggs, center, at an awards event when he was an AT&amp;T manager.PHOTO:TALIA HERMAN FOR THE WALL STREET JOURNAL</span></p><p><blockquote><p class=\"t-img-caption\"><span>巴格斯先生（中）在担任 AT&amp;T 经理时出席颁奖典礼。照片：TALIA HERMAN 为《华尔街日报》拍摄</span></p></blockquote></p><p></p><p> Companies aren’t required to set aside cash to pay future retiree benefits, as they have to do for pensions. But they must carry an obligation on their balance sheets reflecting the current value of every dollar they expect to pay in either pensions or retiree benefits in the future.</p><p><blockquote>公司无需像支付养老金那样预留现金来支付未来的退休人员福利。但他们必须在资产负债表上承担一项义务，反映他们预计未来支付的养老金或退休福利的每一美元的当前价值。</blockquote></p><p> AT&amp;T’s obligation for retiree healthcare and life insurance plans, which it combines in its disclosures, fell to about $14 billion at the end of 2020 from roughly double that amount five years earlier.</p><p><blockquote>到 2020 年底，AT&amp;T 对退休人员医疗保健和人寿保险计划的负债从五年前的大约两倍降至约 140 亿美元。</blockquote></p><p> About a decade ago, AT&amp;T had $12.75 billion dedicated to paying those benefits. This fund was down to $3.8 billion in December 2020, as payouts exceeded investment returns and company contributions, securities filings show.</p><p><blockquote>大约十年前，美国电话电报公司有127.5亿美元专门用于支付这些福利。证券文件显示，由于支出超过了投资回报和公司捐款，该基金在 2020 年 12 月降至 38 亿美元。</blockquote></p><p> Last year, AT&amp;T booked a $2.7 billion accounting benefit from its retiree life and health plans. “A large portion” of this came from reducing its obligations for retiree life-insurance and death benefits, the company said, declining to be specific.</p><p><blockquote>去年，AT&amp;T 从其退休人员生活和健康计划中获得了 27 亿美元的会计收益。该公司表示，其中 “很大一部分 ”来自减少退休人员人寿保险和死亡抚恤金的义务，但拒绝透露具体细节。</blockquote></p><p> AT&amp;T has told retirees they can buy new life-insurance policies at a discount through the company if they wish.</p><p><blockquote>美国电话电报公司告诉退休人员，如果他们愿意，可以通过该公司以折扣价购买新的人寿保险。</blockquote></p><p> Scott Witt, an actuary and fee-only insurance adviser, said few 70- to 80-year-olds should seriously consider buying life insurance, even at a discount, because premiums rise rapidly at that age. Once it becomes prohibitively expensive, “they’ll drop the policy and then they’ll be worse off for having bought” it, he said.</p><p><blockquote>精算师兼收费保险顾问斯科特·威特 (Scott Witt) 表示，很少有 70 至 80 岁的人应该认真考虑购买人寿保险，即使是打折的，因为那个年龄段的保费会迅速上涨。他说，一旦保险变得昂贵得令人望而却步，“他们就会放弃这份保险，然后他们就会因为购买保险而遭受更大的损失”。</blockquote></p><p> An 80-year-old would need to pay $328 a month, or close to $4,000 a year, to maintain a life-insurance benefit of $50,000, according to a pricing schedule AT&amp;T sent to employees in September.</p><p><blockquote>根据美国电话电报公司 9 月份发给员工的定价表，一名 80 岁的老人每月需要支付 328 美元，或每年接近 4,000 美元，才能维持 50,000 美元的人寿保险福利。</blockquote></p><p> “If I lived to be 90 years old, which I do expect, and paying an increasing premium, I would be far better off investing the money in equities,” said Monte Baggs, 80, who retired in late 1991 after 31 years with AT&amp;T in California and Colorado.</p><p><blockquote>80 岁的蒙特-巴格斯（Monte Baggs）在加利福尼亚州和科罗拉多州的 AT&amp;T 工作了 31 年后，于 1991 年底退休。</blockquote></p><p> At the time, Mr. Baggs said, he turned down a benefit that would have paid his widow a monthly pension after his death, figuring she would get life insurance of at least $75,000 when he died. Now, if he dies after Dec. 31, she will get $15,000.</p><p><blockquote>巴格斯先生说，当时他拒绝了一项在他去世后向他的遗孀支付每月养老金的福利，认为他去世后她将获得至少 75,000 美元的人寿保险。现在，如果他在12月31日之后去世，她将得到15,000美元。</blockquote></p><p> “It’s obvious what they’re trying to do—they’re trying to recover as much as they can, but they’re doing it on the backs of their retirees,” Mr. Baggs said.</p><p><blockquote>“巴格斯先生说：”他们想做什么是显而易见的--他们想尽可能地恢复，但他们是以退休人员为代价这样做的。</blockquote></p><p> AT&amp;T remains a profitable company, paying nearly $15 billion in annual shareholder dividends as of last year, although its stock has fallen by about 40% over five years. Investors soured on bets that AT&amp;T made on entertainment companies DirecTV and Time Warner Inc. Under investor pressure, AT&amp;T has been unwinding those bets. It sold a stake in DirecTV and set plans to hive off its WarnerMedia division through a merger with Discovery Inc.</p><p><blockquote>AT&amp;T 仍然是一家盈利公司，截至去年，每年支付近 150 亿美元的股东股息，尽管其股价在五年内下跌了约 40%。投资者对美国电话电报公司对娱乐公司 DirecTV 和时代华纳公司的押注感到不满。在投资者的压力下，美国电话电报公司一直在解除这些赌注。它出售了 DirecTV 的股份，并计划通过与 Discovery Inc. 合并来剥离其华纳媒体部门。</blockquote></p><p> AT&amp;T Chief Executive John Stankey, 59, is eligible for life insurance in retirement equal to his final salary; that is about $2.4 million today. The insurance amount will decline to half his final year’s salary at age 70 or once he has been retired for five years, whichever is later.</p><p><blockquote>59 岁的 AT&amp;T 首席执行官约翰·斯坦基 (John Stankey) 有资格获得相当于其最终工资的退休人寿保险；今天大约是240万美元。在 70 岁或退休五年后（以较晚者为准），保险金额将降至他最后一年工资的一半。</blockquote></p><p> Mr. Stankey and his predecessor, Mr. Stephenson, have bought additional life-insurance coverage through AT&amp;T, with the cost subsidized by the company, its filings show. AT&amp;T has disclosed paying about $1.5 million for such coverage for Mr. Stankey and nearly $889,000 for Mr. Stephenson since 2015. The executives declined to comment through an AT&amp;T spokesman.</p><p><blockquote>文件显示，斯坦基和他的前任斯蒂芬森通过美国电话电报公司购买了额外的人寿保险，费用由该公司补贴。美国电话电报公司透露，自2015年以来，为斯坦基先生支付了约150万美元，为斯蒂芬森先生支付了近88.9万美元。高管们拒绝通过美国电话电报公司发言人置评。</blockquote></p><p> AT&amp;T said other companies also have paid for special life insurance for at least some executives.</p><p><blockquote>美国电话电报公司表示，其他公司也为至少部分高管支付了特殊人寿保险费用。</blockquote></p><p> Retiree benefits remain on AT&amp;T’s financial radar. In a consulting agreement with a former AT&amp;T finance chief, John Stephens, the company has offered to pay him an extra $500,000 if AT&amp;T meets any of three financial targets. One is cutting $1 billion more from AT&amp;T’s obligation for retiree pensions and benefits. Through an AT&amp;T spokesman, Mr. Stephens declined to comment.</p><p><blockquote>退休人员福利仍然是 AT&amp;T 财务关注的焦点。在与 AT&amp;T 前财务主管约翰·斯蒂芬斯 (John Stephens) 达成的咨询协议中，该公司提出，如果 AT&amp;T 达到三个财务目标中的任何一个，该公司将额外支付 50 万美元。其中之一是从 AT&amp;T 的退休人员养老金和福利义务中再削减 10 亿美元。斯蒂芬斯通过美国电话电报公司发言人拒绝置评。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AT&T Slashed Promised Life Insurance for Former Workers—and Time Runs Out at Year-End<blockquote>AT&amp;T 削减了前员工承诺的人寿保险——年底时间不多了</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAT&T Slashed Promised Life Insurance for Former Workers—and Time Runs Out at Year-End<blockquote>AT&amp;T 削减了前员工承诺的人寿保险——年底时间不多了</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">WSJ</strong><span class=\"h-time small\">2021-12-27 07:30</span>\n</p>\n</h4>\n</header>\n<article>\n<p>When Dean Allison left his job as a property manager atAT&amp;TT0.36%in 1998, the company offered an incentive to retire: a payment of at least $63,000 upon his death.</p><p><blockquote>当迪恩·艾利森 (Dean Allison) 于 1998 年辞去 atAT&amp;TT0.36% 物业经理的工作时，公司提供了退休激励：在他去世时至少支付 63,000 美元。</blockquote></p><p> He took the deal, figuring the money would someday help his wife cover funeral expenses, pay outstanding bills and have more to live on.</p><p><blockquote>他接受了这笔交易，认为这笔钱有一天会帮助他的妻子支付丧葬费用，支付未付账单，并有更多的生活。</blockquote></p><p> Early in 2021, AT&amp;T told Mr. Allison it would pay no more than $15,000 if he dies after Dec. 31.</p><p><blockquote>2021年初，美国电话电报公司告诉艾利森，如果他在12月31日之后去世，它将支付不超过15,000美元。</blockquote></p><p> AT&amp;T’s decision to cut life insurance and death benefits as of Jan. 1 for many of the 220,000 retirees eligible for the benefits has roiled a generation of workers who say their former employer is reneging on a promise.</p><p><blockquote>AT&amp;T 决定从 1 月 1 日起削减 22 万名有资格领取人寿保险和死亡抚恤金的退休人员中的许多人的人寿保险和死亡抚恤金，这让一代工人感到不安，他们说他们的前雇主正在违背承诺。</blockquote></p><p> The cuts don’t apply to top executives, who have life insurance under a separate company-paid program, which the company can’t reduce without their permission. AT&amp;T will pay heirs of Randall Stephenson, who left as chief executive in 2020, $3.6 million under a life-insurance plan reviewed by the board last year, securities filings show.</p><p><blockquote>裁员不适用于高管，他们根据公司支付的单独计划购买了人寿保险，未经他们的许可，公司不得削减人寿保险。证券文件显示，根据董事会去年审查的人寿保险计划，美国电话电报公司将向 2020 年卸任首席执行官的兰德尔·斯蒂芬森 (Randall Stephenson) 的继承人支付 360 万美元。</blockquote></p><p> AT&amp;T said that the cuts for other retirees will bring their benefits more in line with benefits at other large employers, and that the change will increase payouts at death for more than 1,000 retirees. It said only a handful of Fortune 100 companies still offer most employees life insurance that continues after retirement.</p><p><blockquote>美国电话电报公司表示，对其他退休人员的削减将使他们的福利与其他大型雇主的福利更加一致，这一变化将增加 1,000 多名退休人员的死亡抚恤金。报告称，只有少数财富 100 强公司仍在为大多数员工提供退休后继续的人寿保险。</blockquote></p><p> “We are working hard to responsibly balance the needs of the business and our taking care of our current 200,000 employees and 500,000 retirees and their dependents,” said an AT&amp;T spokesman, Fletcher Cook. “It is admittedly a balancing act—one that many companies have not successfully navigated.”</p><p><blockquote>“美国电话电报公司发言人弗莱彻-库克（Fletcher Cook）说：”我们正在努力工作，负责任地平衡业务需求和我们对现有 20 万名员工和 50 万名退休人员及其家属的照顾。“诚然，这是一种平衡行为--许多公司都没有成功驾驭这种行为”。</blockquote></p><p> That’s little comfort to Mr. Allison, 75 years old, of Stuart, Fla. “If they had told me this 10 years ago, that they were going to cut this, I could have done some planning,” he said.</p><p><blockquote>这对佛罗里达州斯图尔特市 75 岁的艾利森先生来说并不是什么安慰。“他说：”如果他们在 10 年前就告诉我，他们要削减开支，我本可以做些计划。</blockquote></p><p> Today’s AT&amp;T Inc. is the product of decades of splits and mergers, a remnant of the telephone monopoly nicknamed “Ma Bell” that shed its regional operations in 1984. Other offshoots of that breakup have treated retirees’ benefits differently.</p><p><blockquote>今天的 AT&amp;T 公司是数十年分拆和合并的产物，是绰号 “马贝尔 ”的电话垄断企业的残余，该企业于 1984 年剥离了其地区业务。这种分离的其他分支对退休人员的福利也有不同的处理方式。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/16a73a1e02fbce04a6f21af3769fa8fd\" tg-width=\"1370\" tg-height=\"729\" width=\"100%\" height=\"auto\"><span>AT&amp;T retiree Monte Baggs said he expected his wife, Phillis, seated, to receive company-paid life insurance of at least $75,000 when he died, but AT&amp;T has cut it to $15,000 if he dies after Dec. 31. ‘They’re trying to recover as much as they can, but they’re doing it on the backs of their retirees,’ he said.PHOTO:TALIA HERMAN FOR THE WALL STREET JOURNAL</span></p><p><blockquote><p class=\"t-img-caption\"><span>美国电话电报公司退休人员蒙特·巴格斯 (Monte Baggs) 表示，他预计妻子菲利斯 (Phillis) 去世时将获得公司支付的至少 75,000 美元的人寿保险，但如果他在 12 月 31 日之后去世，美国电话电报公司已将其削减至 15,000 美元。他说：'他们正试图尽可能地恢复，但他们是以退休人员为代价的。照片：TALIA HERMAN FOR the WALL STREET JOURNAL</span></p></blockquote></p><p> Verizon Communications&nbsp;Inc.hasn’t reduced already-retired workers’ life insurance or death benefits, though it has sold off business units to companies that later reduced them.Qwest Communications InternationalInc.,now owned by&nbsp;Lumen TechnologiesInc.,eliminated retiree death benefits entirely, more than a decade ago. Both companies, like AT&amp;T, have capped or reduced retirees’ health benefits as well.</p><p><blockquote>威瑞森通信公司（Verizon Communications Inc.）并没有减少已经退休工人的人寿保险或死亡抚恤金，尽管它已经将业务部门出售给了后来减少这些福利的公司。Qwest Communications InternationalInc.，现在归Lumen TechnologiesInc.所有，十多年前就完全取消了退休人员的死亡抚恤金。与 AT&amp;T 一样，这两家公司也限制或减少了退休人员的医疗福利。</blockquote></p><p> In cutting existing retirees’ life-insurance benefits, AT&amp;T joins a few other large companies that have done so in recent years. In 2019,3MCo.roughly halved such benefits, andHowmet AerospaceInc.,a business carved out of&nbsp;Alcoa,eliminated life insurance for some retirees.</p><p><blockquote>在削减现有退休人员的人寿保险福利方面，AT&amp;T 加入了近年来其他几家大公司的行列。2019 年，3MCo. 将此类福利大致减半，而从美国铝业分拆出来的 Howmet AerospaceInc. 则取消了一些退休人员的人寿保险。</blockquote></p><p> Unlike AT&amp;T, both said their changes applied to executives, too. So didCortevaInc.,a seeds and chemicals company formed from DowDuPont that will end life insurance for about 50,000 retirees on Jan. 1. Vanguard Group recently backed off plans to eliminate retiree life insurance and other benefits after retirees protested.</p><p><blockquote>与美国电话电报公司不同，两家公司都表示他们的改变也适用于高管。陶氏杜邦公司成立的种子和化学品公司 CorteVainc 也是如此，该公司将于 1 月 1 日终止约 5 万名退休人员的人寿保险。在退休人员抗议后，先锋集团最近放弃了取消退休人员人寿保险和其他福利的计划。</blockquote></p><p> When AT&amp;T employees retired, the company told many of those who were managers that they had company-paid life insurance, which often equaled their final year’s pay, although the sum would decline by half once they hit age 70.</p><p><blockquote>当 AT&amp;T 员工退休时，公司会告诉许多经理，他们有公司支付的人寿保险，这通常相当于他们最后一年的工资，不过一旦他们到了 70 岁，这笔钱就会减少一半。</blockquote></p><p> Some also were told that a “death benefit,” also based on final compensation, would be payable to a surviving spouse or dependent child. Nearly a third of management retirees affected by the latest cuts were eligible for both benefits.</p><p><blockquote>一些人还被告知，同样基于最终赔偿金的 “死亡抚恤金 ”将支付给未亡配偶或受抚养子女。受最新裁员影响的近三分之一管理层退休人员有资格享受这两项福利。</blockquote></p><p> Now, the life insurance benefit, no matter at what value it started, will be $15,000 if the management retiree dies after Dec. 31. The death benefit will be capped at $25,000.</p><p><blockquote>现在，如果管理层退休人员在 12 月 31 日之后去世，人寿保险福利无论起始价值如何，都将为 15,000 美元。死亡抚恤金上限为 25,000 美元。</blockquote></p><p> Retired AT&amp;T union members also often were told they had life insurance based on their pay. This benefit, too, was designed to decline by half after they reached 70. Now, if they die after Dec. 31, it will be just $25,000. Many union retirees are due a death benefit as well; it will be capped at $25,000 after Dec. 31.</p><p><blockquote>退休的美国电话电报公司工会成员也经常被告知，他们有基于工资的人寿保险。这项福利也被设计为在他们年满 70 岁后减少一半。现在，如果他们在 12 月 31 日之后去世，则只有 25,000 美元。许多工会退休人员也有权获得死亡抚恤金；12 月 31 日之后，上限将为 25,000 美元。</blockquote></p><p></p><p> John Tucciarone, who spent 42 years managing AT&amp;T infrastructure in New York and New Jersey until his 2009 retirement, said he recalls executives defending wages that were slightly below competitors’ pay by citing the retirement benefits. “At the time, it was a from-cradle-to-grave type mentality,” said Mr. Tucciarone, a 74-year-old in Leland, N.C. “That stopped a lot of people looking at other places” for higher pay, he said.</p><p><blockquote>约翰-图恰罗内（John Tucciarone）在纽约和新泽西州管理 AT&amp;T 基础设施长达 42 年，直到 2009 年退休。“北卡罗来纳州利兰市 74 岁的图恰罗内先生说：”当时，这是一种从摇篮到坟墓的心态。“他说：”这阻止了很多人到其他地方寻找更高的薪水。</blockquote></p><p> In the mid-1990s, AT&amp;T ceased telling most new employees that their spouse would get a death benefit. After 2007, it stopped providing managers a pledge of life insurance that continued in retirement. Over the years, it also stopped basing the life insurance given to new and current union workers on their pay, instead providing a flat $15,000.</p><p><blockquote>20世纪90年代中期，美国电话电报公司不再告诉大多数新员工，他们的配偶将获得死亡抚恤金。2007 年后，它不再向经理提供退休后继续提供人寿保险。多年来，它还不再以新老工会工人的工资为基础提供人寿保险，而是提供固定的 15,000 美元。</blockquote></p><p> AT&amp;T informed retirees last winter of its plan to cut their benefits. Retirees protested to the board, and a group met with company benefits officials to urge them to reconsider.</p><p><blockquote>美国电话电报公司去年冬天向退休人员通报了削减福利的计划。退休人员向董事会提出抗议，一群人会见了公司福利官员，敦促他们重新考虑。</blockquote></p><p> AT&amp;T said directors have received the complaints, together with executives’ response, and the company has no plans to change course.</p><p><blockquote>AT&amp;T 表示，董事们已经收到了投诉以及高管的回应，公司没有改变路线的计划。</blockquote></p><p> “The marketplace that we operate in has changed. And it’s really forced us to try and still be competitive and make changes that are challenging,” said Julianne Galloway, AT&amp;T’s vice president for global benefits, who met with the retirees.</p><p><blockquote>“我们经营的市场已经发生了变化。美国电话电报公司负责全球福利的副总裁朱丽安-加洛韦（Julianne Galloway）在会见退休人员时说：”这确实迫使我们努力保持竞争力，并做出具有挑战性的改变。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bf011d62dfcfd7e43af7ebc858256763\" tg-width=\"1252\" tg-height=\"697\" width=\"100%\" height=\"auto\"><span>Mr. Allison said that when he retired, AT&amp;T promised a benefit of at least $63,000 upon his death, an amount the company has cut to $15,000 if he dies after Dec. 31.PHOTO:MELODY TIMOTHEE FOR THE WALL STREET JOURNAL</span></p><p><blockquote><p class=\"t-img-caption\"><span>艾利森先生表示，当他退休时，AT&amp;T 承诺在他去世时至少提供 63,000 美元的赔偿金，如果他在 12 月 31 日之后去世，该公司已将赔偿金削减至 15,000 美元。照片：MELODY TIMOTHEE FOR the WALL STREET JOURNAL</span></p></blockquote></p><p> Warren Miner, 84, retired in 1996 as one of AT&amp;T’s benefits directors, after several years of helping shape health and life-insurance programs like those he hoped to enjoy in retirement.</p><p><blockquote>现年 84 岁的沃伦-迈纳（Warren Miner）于 1996 年从 AT&amp;T 福利总监的职位上退休，此前他曾帮助制定他希望在退休后享受的健康和人寿保险计划。</blockquote></p><p> Mr. Miner, of Estero, Fla., counted on being eligible for about $364,000 from the combination of life insurance and a separate death benefit.</p><p><blockquote>佛罗里达州埃斯特罗的迈纳先生指望有资格从人寿保险和单独的死亡抚恤金中获得约364,000美元。</blockquote></p><p> Instead, after Dec. 31, his wife can expect at most $40,000 in total from the two programs.</p><p><blockquote>相反，12月31日之后，他的妻子可以从这两个项目中获得最多4万美元的总收入。</blockquote></p><p> “If there isn’t a legal obligation, there certainly is a moral obligation not to treat people this way,” Mr. Miner said.</p><p><blockquote>“迈纳先生说：”如果没有法律义务，那么肯定有道德义务不以这种方式对待他人。</blockquote></p><p> AT&amp;T’s Mr. Cook said the company’s “decision is very much about us fulfilling a moral obligation for more than 700,000 people, not just a select few.”</p><p><blockquote>美国电话电报公司的库克先生说，公司的 “决定在很大程度上是为了我们履行对 70 多万人的道德义务，而不仅仅是少数人”。</blockquote></p><p> Federal law bars companies from cutting pension benefits for employees after they retire, but courts have said other kinds of retiree benefits—including healthcare, life insurance and a death benefit—can be changed if employers reserved a right to do so in official documentation.</p><p><blockquote>联邦法律禁止公司在员工退休后削减养老金福利，但法院表示，如果雇主在官方文件中保留这样做的权利，其他类型的退休福利——包括医疗保健、人寿保险和死亡抚恤金——可以更改。</blockquote></p><p> Since the early 1990s, AT&amp;T has included, in plan documents, language reserving a right to change retiree benefits at any time. For certain retirees whose plan documents predate this language, life insurance isn’t changing.</p><p><blockquote>自20世纪90年代初以来，美国电话电报公司在计划文件中加入了保留随时更改退休人员福利权利的措辞。对于某些计划文件早于这种语言的退休人员来说，人寿保险并没有改变。</blockquote></p><p> Many retirees said they knew it was possible for AT&amp;T to change their benefits, but they never expected it to do so after maintaining them for decades.</p><p><blockquote>许多退休人员表示，他们知道 AT&amp;T 有可能改变他们的福利，但他们从未想到在维持了几十年后，AT&amp;T 会这样做。</blockquote></p><p> Karla Billings joined AT&amp;T in Topeka, Kan., in 1996 after being widowed at 32. She retired in 2017. She said she decided not to buy additional life insurance, figuring that AT&amp;T’s $65,000 for retired union workers at her level was enough. Now, assuming she lives past Dec. 31, the payout will be $40,000 less.</p><p><blockquote>卡拉·比林斯在堪萨斯州托皮卡加入美国电话电报公司。1996年，32岁丧偶后。她于2017年退休。她说，她决定不再购买额外的人寿保险，因为她认为 AT&amp;T 为她这个级别的退休工会工人提供的 6.5 万美元已经足够了。现在，假设她活到12月31日之后，支出将减少4万美元。</blockquote></p><p> “You’re at their mercy, and you don’t really have any recourse,” Ms. Billings said.</p><p><blockquote>“比林斯女士说：”你任由他们摆布，你真的没有任何追索权。</blockquote></p><p> In letters announcing the reductions, AT&amp;T said it often reviews its benefits to ensure it remains competitive and relevant to past and present employees.</p><p><blockquote>在宣布裁员的信中，美国电话电报公司表示，它经常审查其福利，以确保其保持竞争力并与过去和现在的员工相关。</blockquote></p><p> “We continue to provide generous retirement benefits that many in corporate America don’t offer any more,” said Mr. Cook, the spokesman. He said four out of five employees, and nearly all retirees, are covered by the company’s pension plan, and the company provides subsidized healthcare for retirees. The wireless network operator also employs a large union-represented workforce under collective bargaining agreements that many competitors don’t have.</p><p><blockquote>“发言人库克先生说：”我们将继续提供丰厚的退休福利，这是美国许多企业界所没有的。他说，五分之四的员工和几乎所有退休人员都参加了公司的养老金计划，公司还为退休人员提供医疗保健补贴。这家无线网络运营商还根据集体谈判协议雇佣了大量由工会代表的员工，这是许多竞争对手所没有的。</blockquote></p><p> Life insurance that continues in retirement was once a hallmark of work at blue-chip companies. It was still available to about a third of U.S. workers at medium-size and large companies in 1997, when the Labor Department stopped tracking it. Benefits consulting firm WillisTowers Watsonsays about 13% of the 732 U.S. and foreign companies of various sizes that it tracks offer retiree life insurance. Few of today’s new corporate giants do.</p><p><blockquote>退休后继续购买人寿保险曾经是蓝筹公司工作的标志。1997年，当劳工部停止跟踪它时，大约三分之一的美国大中型公司工人仍然可以使用它。福利咨询公司 WillisTowers Watson 表示，在其追踪的 732 家各种规模的美国和外国公司中，约有 13% 提供退休人员人寿保险。如今的新企业巨头很少有这样做。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9c34d749277776814bf9a6be8d4bbdd7\" tg-width=\"719\" tg-height=\"591\" width=\"100%\" height=\"auto\"><span>Mr. Baggs, center, at an awards event when he was an AT&amp;T manager.PHOTO:TALIA HERMAN FOR THE WALL STREET JOURNAL</span></p><p><blockquote><p class=\"t-img-caption\"><span>巴格斯先生（中）在担任 AT&amp;T 经理时出席颁奖典礼。照片：TALIA HERMAN 为《华尔街日报》拍摄</span></p></blockquote></p><p></p><p> Companies aren’t required to set aside cash to pay future retiree benefits, as they have to do for pensions. But they must carry an obligation on their balance sheets reflecting the current value of every dollar they expect to pay in either pensions or retiree benefits in the future.</p><p><blockquote>公司无需像支付养老金那样预留现金来支付未来的退休人员福利。但他们必须在资产负债表上承担一项义务，反映他们预计未来支付的养老金或退休福利的每一美元的当前价值。</blockquote></p><p> AT&amp;T’s obligation for retiree healthcare and life insurance plans, which it combines in its disclosures, fell to about $14 billion at the end of 2020 from roughly double that amount five years earlier.</p><p><blockquote>到 2020 年底，AT&amp;T 对退休人员医疗保健和人寿保险计划的负债从五年前的大约两倍降至约 140 亿美元。</blockquote></p><p> About a decade ago, AT&amp;T had $12.75 billion dedicated to paying those benefits. This fund was down to $3.8 billion in December 2020, as payouts exceeded investment returns and company contributions, securities filings show.</p><p><blockquote>大约十年前，美国电话电报公司有127.5亿美元专门用于支付这些福利。证券文件显示，由于支出超过了投资回报和公司捐款，该基金在 2020 年 12 月降至 38 亿美元。</blockquote></p><p> Last year, AT&amp;T booked a $2.7 billion accounting benefit from its retiree life and health plans. “A large portion” of this came from reducing its obligations for retiree life-insurance and death benefits, the company said, declining to be specific.</p><p><blockquote>去年，AT&amp;T 从其退休人员生活和健康计划中获得了 27 亿美元的会计收益。该公司表示，其中 “很大一部分 ”来自减少退休人员人寿保险和死亡抚恤金的义务，但拒绝透露具体细节。</blockquote></p><p> AT&amp;T has told retirees they can buy new life-insurance policies at a discount through the company if they wish.</p><p><blockquote>美国电话电报公司告诉退休人员，如果他们愿意，可以通过该公司以折扣价购买新的人寿保险。</blockquote></p><p> Scott Witt, an actuary and fee-only insurance adviser, said few 70- to 80-year-olds should seriously consider buying life insurance, even at a discount, because premiums rise rapidly at that age. Once it becomes prohibitively expensive, “they’ll drop the policy and then they’ll be worse off for having bought” it, he said.</p><p><blockquote>精算师兼收费保险顾问斯科特·威特 (Scott Witt) 表示，很少有 70 至 80 岁的人应该认真考虑购买人寿保险，即使是打折的，因为那个年龄段的保费会迅速上涨。他说，一旦保险变得昂贵得令人望而却步，“他们就会放弃这份保险，然后他们就会因为购买保险而遭受更大的损失”。</blockquote></p><p> An 80-year-old would need to pay $328 a month, or close to $4,000 a year, to maintain a life-insurance benefit of $50,000, according to a pricing schedule AT&amp;T sent to employees in September.</p><p><blockquote>根据美国电话电报公司 9 月份发给员工的定价表，一名 80 岁的老人每月需要支付 328 美元，或每年接近 4,000 美元，才能维持 50,000 美元的人寿保险福利。</blockquote></p><p> “If I lived to be 90 years old, which I do expect, and paying an increasing premium, I would be far better off investing the money in equities,” said Monte Baggs, 80, who retired in late 1991 after 31 years with AT&amp;T in California and Colorado.</p><p><blockquote>80 岁的蒙特-巴格斯（Monte Baggs）在加利福尼亚州和科罗拉多州的 AT&amp;T 工作了 31 年后，于 1991 年底退休。</blockquote></p><p> At the time, Mr. Baggs said, he turned down a benefit that would have paid his widow a monthly pension after his death, figuring she would get life insurance of at least $75,000 when he died. Now, if he dies after Dec. 31, she will get $15,000.</p><p><blockquote>巴格斯先生说，当时他拒绝了一项在他去世后向他的遗孀支付每月养老金的福利，认为他去世后她将获得至少 75,000 美元的人寿保险。现在，如果他在12月31日之后去世，她将得到15,000美元。</blockquote></p><p> “It’s obvious what they’re trying to do—they’re trying to recover as much as they can, but they’re doing it on the backs of their retirees,” Mr. Baggs said.</p><p><blockquote>“巴格斯先生说：”他们想做什么是显而易见的--他们想尽可能地恢复，但他们是以退休人员为代价这样做的。</blockquote></p><p> AT&amp;T remains a profitable company, paying nearly $15 billion in annual shareholder dividends as of last year, although its stock has fallen by about 40% over five years. Investors soured on bets that AT&amp;T made on entertainment companies DirecTV and Time Warner Inc. Under investor pressure, AT&amp;T has been unwinding those bets. It sold a stake in DirecTV and set plans to hive off its WarnerMedia division through a merger with Discovery Inc.</p><p><blockquote>AT&amp;T 仍然是一家盈利公司，截至去年，每年支付近 150 亿美元的股东股息，尽管其股价在五年内下跌了约 40%。投资者对美国电话电报公司对娱乐公司 DirecTV 和时代华纳公司的押注感到不满。在投资者的压力下，美国电话电报公司一直在解除这些赌注。它出售了 DirecTV 的股份，并计划通过与 Discovery Inc. 合并来剥离其华纳媒体部门。</blockquote></p><p> AT&amp;T Chief Executive John Stankey, 59, is eligible for life insurance in retirement equal to his final salary; that is about $2.4 million today. The insurance amount will decline to half his final year’s salary at age 70 or once he has been retired for five years, whichever is later.</p><p><blockquote>59 岁的 AT&amp;T 首席执行官约翰·斯坦基 (John Stankey) 有资格获得相当于其最终工资的退休人寿保险；今天大约是240万美元。在 70 岁或退休五年后（以较晚者为准），保险金额将降至他最后一年工资的一半。</blockquote></p><p> Mr. Stankey and his predecessor, Mr. Stephenson, have bought additional life-insurance coverage through AT&amp;T, with the cost subsidized by the company, its filings show. AT&amp;T has disclosed paying about $1.5 million for such coverage for Mr. Stankey and nearly $889,000 for Mr. Stephenson since 2015. The executives declined to comment through an AT&amp;T spokesman.</p><p><blockquote>文件显示，斯坦基和他的前任斯蒂芬森通过美国电话电报公司购买了额外的人寿保险，费用由该公司补贴。美国电话电报公司透露，自2015年以来，为斯坦基先生支付了约150万美元，为斯蒂芬森先生支付了近88.9万美元。高管们拒绝通过美国电话电报公司发言人置评。</blockquote></p><p> AT&amp;T said other companies also have paid for special life insurance for at least some executives.</p><p><blockquote>美国电话电报公司表示，其他公司也为至少部分高管支付了特殊人寿保险费用。</blockquote></p><p> Retiree benefits remain on AT&amp;T’s financial radar. In a consulting agreement with a former AT&amp;T finance chief, John Stephens, the company has offered to pay him an extra $500,000 if AT&amp;T meets any of three financial targets. One is cutting $1 billion more from AT&amp;T’s obligation for retiree pensions and benefits. Through an AT&amp;T spokesman, Mr. Stephens declined to comment.</p><p><blockquote>退休人员福利仍然是 AT&amp;T 财务关注的焦点。在与 AT&amp;T 前财务主管约翰·斯蒂芬斯 (John Stephens) 达成的咨询协议中，该公司提出，如果 AT&amp;T 达到三个财务目标中的任何一个，该公司将额外支付 50 万美元。其中之一是从 AT&amp;T 的退休人员养老金和福利义务中再削减 10 亿美元。斯蒂芬斯通过美国电话电报公司发言人拒绝置评。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.wsj.com/articles/at-t-slashed-promised-life-insurance-for-former-workersand-time-runs-out-at-year-end-11640544022?siteid=yhoof2\">WSJ</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"T":"At&T"},"source_url":"https://www.wsj.com/articles/at-t-slashed-promised-life-insurance-for-former-workersand-time-runs-out-at-year-end-11640544022?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178126612","content_text":"When Dean Allison left his job as a property manager atAT&TT0.36%in 1998, the company offered an incentive to retire: a payment of at least $63,000 upon his death.\nHe took the deal, figuring the money would someday help his wife cover funeral expenses, pay outstanding bills and have more to live on.\nEarly in 2021, AT&T told Mr. Allison it would pay no more than $15,000 if he dies after Dec. 31.\nAT&T’s decision to cut life insurance and death benefits as of Jan. 1 for many of the 220,000 retirees eligible for the benefits has roiled a generation of workers who say their former employer is reneging on a promise.\nThe cuts don’t apply to top executives, who have life insurance under a separate company-paid program, which the company can’t reduce without their permission. AT&T will pay heirs of Randall Stephenson, who left as chief executive in 2020, $3.6 million under a life-insurance plan reviewed by the board last year, securities filings show.\nAT&T said that the cuts for other retirees will bring their benefits more in line with benefits at other large employers, and that the change will increase payouts at death for more than 1,000 retirees. It said only a handful of Fortune 100 companies still offer most employees life insurance that continues after retirement.\n“We are working hard to responsibly balance the needs of the business and our taking care of our current 200,000 employees and 500,000 retirees and their dependents,” said an AT&T spokesman, Fletcher Cook. “It is admittedly a balancing act—one that many companies have not successfully navigated.”\nThat’s little comfort to Mr. Allison, 75 years old, of Stuart, Fla. “If they had told me this 10 years ago, that they were going to cut this, I could have done some planning,” he said.\nToday’s AT&T Inc. is the product of decades of splits and mergers, a remnant of the telephone monopoly nicknamed “Ma Bell” that shed its regional operations in 1984. Other offshoots of that breakup have treated retirees’ benefits differently.\nAT&T retiree Monte Baggs said he expected his wife, Phillis, seated, to receive company-paid life insurance of at least $75,000 when he died, but AT&T has cut it to $15,000 if he dies after Dec. 31. ‘They’re trying to recover as much as they can, but they’re doing it on the backs of their retirees,’ he said.PHOTO:TALIA HERMAN FOR THE WALL STREET JOURNAL\nVerizon Communications Inc.hasn’t reduced already-retired workers’ life insurance or death benefits, though it has sold off business units to companies that later reduced them.Qwest Communications InternationalInc.,now owned by Lumen TechnologiesInc.,eliminated retiree death benefits entirely, more than a decade ago. Both companies, like AT&T, have capped or reduced retirees’ health benefits as well.\nIn cutting existing retirees’ life-insurance benefits, AT&T joins a few other large companies that have done so in recent years. In 2019,3MCo.roughly halved such benefits, andHowmet AerospaceInc.,a business carved out of Alcoa,eliminated life insurance for some retirees.\nUnlike AT&T, both said their changes applied to executives, too. So didCortevaInc.,a seeds and chemicals company formed from DowDuPont that will end life insurance for about 50,000 retirees on Jan. 1. Vanguard Group recently backed off plans to eliminate retiree life insurance and other benefits after retirees protested.\nWhen AT&T employees retired, the company told many of those who were managers that they had company-paid life insurance, which often equaled their final year’s pay, although the sum would decline by half once they hit age 70.\nSome also were told that a “death benefit,” also based on final compensation, would be payable to a surviving spouse or dependent child. Nearly a third of management retirees affected by the latest cuts were eligible for both benefits.\nNow, the life insurance benefit, no matter at what value it started, will be $15,000 if the management retiree dies after Dec. 31. The death benefit will be capped at $25,000.\nRetired AT&T union members also often were told they had life insurance based on their pay. This benefit, too, was designed to decline by half after they reached 70. Now, if they die after Dec. 31, it will be just $25,000. Many union retirees are due a death benefit as well; it will be capped at $25,000 after Dec. 31.\nJohn Tucciarone, who spent 42 years managing AT&T infrastructure in New York and New Jersey until his 2009 retirement, said he recalls executives defending wages that were slightly below competitors’ pay by citing the retirement benefits. “At the time, it was a from-cradle-to-grave type mentality,” said Mr. Tucciarone, a 74-year-old in Leland, N.C. “That stopped a lot of people looking at other places” for higher pay, he said.\nIn the mid-1990s, AT&T ceased telling most new employees that their spouse would get a death benefit. After 2007, it stopped providing managers a pledge of life insurance that continued in retirement. Over the years, it also stopped basing the life insurance given to new and current union workers on their pay, instead providing a flat $15,000.\nAT&T informed retirees last winter of its plan to cut their benefits. Retirees protested to the board, and a group met with company benefits officials to urge them to reconsider.\nAT&T said directors have received the complaints, together with executives’ response, and the company has no plans to change course.\n“The marketplace that we operate in has changed. And it’s really forced us to try and still be competitive and make changes that are challenging,” said Julianne Galloway, AT&T’s vice president for global benefits, who met with the retirees.\nMr. Allison said that when he retired, AT&T promised a benefit of at least $63,000 upon his death, an amount the company has cut to $15,000 if he dies after Dec. 31.PHOTO:MELODY TIMOTHEE FOR THE WALL STREET JOURNAL\nWarren Miner, 84, retired in 1996 as one of AT&T’s benefits directors, after several years of helping shape health and life-insurance programs like those he hoped to enjoy in retirement.\nMr. Miner, of Estero, Fla., counted on being eligible for about $364,000 from the combination of life insurance and a separate death benefit.\nInstead, after Dec. 31, his wife can expect at most $40,000 in total from the two programs.\n“If there isn’t a legal obligation, there certainly is a moral obligation not to treat people this way,” Mr. Miner said.\nAT&T’s Mr. Cook said the company’s “decision is very much about us fulfilling a moral obligation for more than 700,000 people, not just a select few.”\nFederal law bars companies from cutting pension benefits for employees after they retire, but courts have said other kinds of retiree benefits—including healthcare, life insurance and a death benefit—can be changed if employers reserved a right to do so in official documentation.\nSince the early 1990s, AT&T has included, in plan documents, language reserving a right to change retiree benefits at any time. For certain retirees whose plan documents predate this language, life insurance isn’t changing.\nMany retirees said they knew it was possible for AT&T to change their benefits, but they never expected it to do so after maintaining them for decades.\nKarla Billings joined AT&T in Topeka, Kan., in 1996 after being widowed at 32. She retired in 2017. She said she decided not to buy additional life insurance, figuring that AT&T’s $65,000 for retired union workers at her level was enough. Now, assuming she lives past Dec. 31, the payout will be $40,000 less.\n“You’re at their mercy, and you don’t really have any recourse,” Ms. Billings said.\nIn letters announcing the reductions, AT&T said it often reviews its benefits to ensure it remains competitive and relevant to past and present employees.\n“We continue to provide generous retirement benefits that many in corporate America don’t offer any more,” said Mr. Cook, the spokesman. He said four out of five employees, and nearly all retirees, are covered by the company’s pension plan, and the company provides subsidized healthcare for retirees. The wireless network operator also employs a large union-represented workforce under collective bargaining agreements that many competitors don’t have.\nLife insurance that continues in retirement was once a hallmark of work at blue-chip companies. It was still available to about a third of U.S. workers at medium-size and large companies in 1997, when the Labor Department stopped tracking it. Benefits consulting firm WillisTowers Watsonsays about 13% of the 732 U.S. and foreign companies of various sizes that it tracks offer retiree life insurance. Few of today’s new corporate giants do.\nMr. Baggs, center, at an awards event when he was an AT&T manager.PHOTO:TALIA HERMAN FOR THE WALL STREET JOURNAL\nCompanies aren’t required to set aside cash to pay future retiree benefits, as they have to do for pensions. But they must carry an obligation on their balance sheets reflecting the current value of every dollar they expect to pay in either pensions or retiree benefits in the future.\nAT&T’s obligation for retiree healthcare and life insurance plans, which it combines in its disclosures, fell to about $14 billion at the end of 2020 from roughly double that amount five years earlier.\nAbout a decade ago, AT&T had $12.75 billion dedicated to paying those benefits. This fund was down to $3.8 billion in December 2020, as payouts exceeded investment returns and company contributions, securities filings show.\nLast year, AT&T booked a $2.7 billion accounting benefit from its retiree life and health plans. “A large portion” of this came from reducing its obligations for retiree life-insurance and death benefits, the company said, declining to be specific.\nAT&T has told retirees they can buy new life-insurance policies at a discount through the company if they wish.\nScott Witt, an actuary and fee-only insurance adviser, said few 70- to 80-year-olds should seriously consider buying life insurance, even at a discount, because premiums rise rapidly at that age. Once it becomes prohibitively expensive, “they’ll drop the policy and then they’ll be worse off for having bought” it, he said.\nAn 80-year-old would need to pay $328 a month, or close to $4,000 a year, to maintain a life-insurance benefit of $50,000, according to a pricing schedule AT&T sent to employees in September.\n“If I lived to be 90 years old, which I do expect, and paying an increasing premium, I would be far better off investing the money in equities,” said Monte Baggs, 80, who retired in late 1991 after 31 years with AT&T in California and Colorado.\nAt the time, Mr. Baggs said, he turned down a benefit that would have paid his widow a monthly pension after his death, figuring she would get life insurance of at least $75,000 when he died. Now, if he dies after Dec. 31, she will get $15,000.\n“It’s obvious what they’re trying to do—they’re trying to recover as much as they can, but they’re doing it on the backs of their retirees,” Mr. Baggs said.\nAT&T remains a profitable company, paying nearly $15 billion in annual shareholder dividends as of last year, although its stock has fallen by about 40% over five years. Investors soured on bets that AT&T made on entertainment companies DirecTV and Time Warner Inc. Under investor pressure, AT&T has been unwinding those bets. It sold a stake in DirecTV and set plans to hive off its WarnerMedia division through a merger with Discovery Inc.\nAT&T Chief Executive John Stankey, 59, is eligible for life insurance in retirement equal to his final salary; that is about $2.4 million today. The insurance amount will decline to half his final year’s salary at age 70 or once he has been retired for five years, whichever is later.\nMr. Stankey and his predecessor, Mr. Stephenson, have bought additional life-insurance coverage through AT&T, with the cost subsidized by the company, its filings show. AT&T has disclosed paying about $1.5 million for such coverage for Mr. Stankey and nearly $889,000 for Mr. Stephenson since 2015. The executives declined to comment through an AT&T spokesman.\nAT&T said other companies also have paid for special life insurance for at least some executives.\nRetiree benefits remain on AT&T’s financial radar. In a consulting agreement with a former AT&T finance chief, John Stephens, the company has offered to pay him an extra $500,000 if AT&T meets any of three financial targets. One is cutting $1 billion more from AT&T’s obligation for retiree pensions and benefits. Through an AT&T spokesman, Mr. Stephens declined to comment.","news_type":1,"symbols_score_info":{"T":0.9}},"isVote":1,"tweetType":1,"viewCount":3966,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698722307,"gmtCreate":1640562327425,"gmtModify":1640562328087,"author":{"id":"3583570345500843","authorId":"3583570345500843","name":"sfleong1","avatar":"https://static.tigerbbs.com/2ec42f3f2b911279950a45a9140bc358","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583570345500843","idStr":"3583570345500843"},"themes":[],"title":"","htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/698722307","repostId":"2194177239","repostType":4,"repost":{"id":"2194177239","kind":"news","pubTimestamp":1640559609,"share":"https://www.laohunote.com/m/news/2194177239?lang=zh_CN&edition=full","pubTime":"2021-12-27 07:00","market":"us","language":"en","title":"Santa Claus Rally watch: What to know this week<blockquote>圣诞老人集会手表：本周须知</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=2194177239","media":"Yahoo Finance","summary":"As traders return from the holiday-shortened week, the price action heading into the new year will be closely monitored — especially given the relatively light economic data and earnings calendar for the coming days.The S&P 500  is entering the period known for ushering in the so-called Santa Claus Rally, or seasonally strong timeframe for stocks at the end of each year.According to data from LPL Financial, the Santa Claus Rally period encapsulates the seven days most likely to be higher in any ","content":"<p><div> As traders return from the holiday-shortened week, the price action heading into the new year will be closely monitored — especially given the relatively light economic data and earnings calendar for ...</p><p><blockquote><div>随着交易员从假期缩短的一周归来，进入新的一年的价格走势将受到密切关注——特别是考虑到相对清淡的经济数据和收益日历……</div></blockquote></p><p>  <a href=\"https://finance.yahoo.com/news/santa-claus-rally-watch-what-to-know-this-week-142909627.html\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://finance.yahoo.com/news/santa-claus-rally-watch-what-to-know-this-week-142909627.html\">网页连接</a></blockquote></p><p></p>","source":"yahoofinance_au","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Santa Claus Rally watch: What to know this week<blockquote>圣诞老人集会手表：本周须知</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSanta Claus Rally watch: What to know this week<blockquote>圣诞老人集会手表：本周须知</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Yahoo Finance</strong><span class=\"h-time small\">2021-12-27 07:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> As traders return from the holiday-shortened week, the price action heading into the new year will be closely monitored — especially given the relatively light economic data and earnings calendar for ...</p><p><blockquote><div>随着交易员从假期缩短的一周归来，进入新的一年的价格走势将受到密切关注——特别是考虑到相对清淡的经济数据和收益日历……</div></blockquote></p><p>  <a href=\"https://finance.yahoo.com/news/santa-claus-rally-watch-what-to-know-this-week-142909627.html\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://finance.yahoo.com/news/santa-claus-rally-watch-what-to-know-this-week-142909627.html\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://finance.yahoo.com/news/santa-claus-rally-watch-what-to-know-this-week-142909627.html\">Yahoo Finance</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY.AU":"SPDR® S&P 500® ETF Trust","FCEL":"燃料电池能源","BK4096":"电气部件与设备","BK4541":"氢能源"},"source_url":"https://finance.yahoo.com/news/santa-claus-rally-watch-what-to-know-this-week-142909627.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2194177239","content_text":"As traders return from the holiday-shortened week, the price action heading into the new year will be closely monitored — especially given the relatively light economic data and earnings calendar for the coming days.\nThe S&P 500 (^GSPC) is entering the period known for ushering in the so-called Santa Claus Rally, or seasonally strong timeframe for stocks at the end of each year.\nThe term, coined by Stock Trader's Almanac in the 1970s, encompasses the final five trading days of the year and first two sessions of the new year. This year, that Santa Claus Rally window is set to start on Monday, Dec. 27 — or the latest a Santa Claus rally has started in 11 years, due to the timing of the holidays this year.\nAccording to data from LPL Financial, the Santa Claus Rally period encapsulates the seven days most likely to be higher in any given year. Since 1950, the Santa Claus Rally period has produced a positive return for the S&P 500 78.9% of the time, with an average return of 1.33%.\n“Why are these seven days so strong?” wrote Ryan Detrick, LPL Financial chief market strategist, in a note. “Whether optimism over a coming new year, holiday spending, traders on vacation, institutions squaring up their books — or the holiday spirit — the bottom line is that bulls tend to believe in Santa.”\nAnd if history is any indication, the absence of a Santa Claus Rally has also typically served as a harbinger of lower near-term returns.\n\"Going back to the mid-1990s, there have been only six times Santa failed to show in December. January was lower five of those six times, and the full year had a solid gain only once (in 2016, but a mini-bear market early in the year),\" Detrick added.\n“Considering the bear markets of 2000 and 2008 both took place after one of the rare instances that Santa failed to show makes believers out of us,\" he said. A bear market typically refers to when stocks drop at least 20% from recent record highs. \"Should this seasonally strong period miss the mark, it could be a warning sign.\"\nAnd this year, investors do have considerable additional concerns to mull heading into the new year. Though stocks closed out Thursday's session at fresh record highs before the long holiday weekend, December still marked a volatile month to start, with renewed concerns over the Omicron variant and the potential for tighter monetary policy from the Federal Reserve weighing on risk assets. Plus, prospects for more near-term fiscal support via the Biden administration's Build Back Better bill have dwindled, and inflation concerns spiked further. Last week, the Bureau of Economic Analysis reported core personal consumption expenditures (PCE) — the Fed's preferred inflation gauge — rose at a 4.7% year-over-year clip, or the fastest since 1983.\n\"If the U.S. was not battling the Omicron variant, U.S. stocks would be dancing higher as the Santa Claus Rally would have kept the climb going into uncharted territory,\" Edward Moya, chief market strategist at OANDA, wrote in a note last week. \"It is too early to say for sure if we will get a Santa Claus Rally, but given all the short-term risks of Fed tightening, Chinese weakness, fiscal support uncertainty and COVID, Wall Street is not complaining.\"\nA man in a Santa Claus costume gestures on the floor at the closing bell of the Dow Industrial Average at the New York Stock Exchange on December 5, 2019 in New York. (Photo by Bryan R. Smith / AFP) (Photo by BRYAN R. SMITH/AFP via Getty Images)BRYAN R. SMITH via Getty Images\nEconomic calendar\n\nMonday: Dallas Federal Reserve Manufacturing Activity Index, Dec. (13.0 expected, 11.8 in November)\nTuesday: FHFA House Price Index, month-over-month, October (0.9% in September); S&P CoreLogic Case-Shiller 20 City Composite Index, month-over-month, October (0.9% expected, 0.96% in September); S&P CoreLogic Case-Shiller 20 City Composite Index, year-over-year, October (18.6%. expected, 19.05% in September); S&P CoreLogic Case-Shiller Home Price Index, year-over-year, November (19.51% in October); Richmond Fed Manufacturing Index, December (11 expected,11 in November)\nWednesday: Wholesale Inventories, month-over-month, November preliminary (1.7% expected, 2.3% in October); Advance Goods Trade Balance, November (-$89.0 billion expected, -$82.9 billion in October); Retail Inventories, month-over-month, November (0.5% expected, 0.1% in October); Pending Home Sales, month-over-month, November (0.5% expected, 7.5% in October)\nThursday: Initial jobless claims, week ended Dec. 25. (205,000 during prior week); Continuing claims, week ended Dec. 18 (1.859 million during prior week); MNI Chicago PMI, December (62.2 expected, 61.8 in November)\nFriday: No notable reports scheduled for release\n\nEarnings calendar\n\nMonday: No notable reports scheduled for release\nTuesday: No notable reports scheduled for release\nWednesday: FuelCell Energy Inc. (FCEL) before market open\nThursday: No notable reports scheduled for release\nFriday: No notable reports scheduled for release","news_type":1,"symbols_score_info":{"FCEL":0.9,"SPY.AU":0.9}},"isVote":1,"tweetType":1,"viewCount":3780,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698553507,"gmtCreate":1640476272649,"gmtModify":1640476273366,"author":{"id":"3583570345500843","authorId":"3583570345500843","name":"sfleong1","avatar":"https://static.tigerbbs.com/2ec42f3f2b911279950a45a9140bc358","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583570345500843","idStr":"3583570345500843"},"themes":[],"title":"","htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698553507","repostId":"1135475953","repostType":4,"repost":{"id":"1135475953","kind":"news","pubTimestamp":1640397550,"share":"https://www.laohunote.com/m/news/1135475953?lang=zh_CN&edition=full","pubTime":"2021-12-25 09:59","market":"us","language":"en","title":"SPAC SHUAA Partners Acquisition I files for a $200 million IPO, targeting tech in the MENAT region<blockquote>SPAC SHUAA Partners Acquisition I 申请 2 亿美元 IPO，目标是梅纳特地区的科技</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1135475953","media":"Renaissance Capital","summary":"SHUAA Partners Acquisition I, a blank check company formed by SHUAA Capital targeting tech in the Mi","content":"<p>SHUAA Partners Acquisition I, a blank check company formed by SHUAA Capital targeting tech in the Middle East, North Africa, and Turkey, filed on Thursday with the SEC to raise up to $200 million in an initial public offering.</p><p><blockquote>SHUAA Partners Acquisition I 是一家由 SHUAA Capital 成立的空白支票公司，专注于中东、北非和土耳其的科技领域，该公司于周四向 SEC 提交了首次公开募股 (IPO) 筹集最多 2 亿美元的资金。</blockquote></p><p> The Cayman Islands-based company plans to raise $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. At the proposed deal size, SHUAA Partners Acquisition I would command a market value of $250 million.</p><p><blockquote>这家总部位于开曼群岛的公司计划通过以 10 美元的价格发行 2000 万台设备来筹集 2 亿美元。每个单位由一股普通股和半份认股权证组成，行权价为 11.50 美元。按照拟议的交易规模，收购 SHUAA Partners I 的市值将达到 2.5 亿美元。</blockquote></p><p> The company is led by&nbsp;<b>CEO and Director&nbsp;Fawad Tariq Khan</b>,&nbsp;a Managing Director of the Investment Banking Group at&nbsp;SHUAA Capital,&nbsp;an asset management and investment banking platform in the Middle East region. The company plans to target&nbsp;the technology space across the high growth markets of the Middle East, North Africa, and Turkey (MENAT) region.</p><p><blockquote>本公司由<b>首席执行官兼董事法瓦德·塔里克·汗</b>中东地区资产管理和投资银行平台SHUAA Capital投资银行集团董事总经理。该公司计划瞄准中东、北非和土耳其 (MENAT) 地区高增长市场的技术领域。</blockquote></p><p> SHUAA Partners Acquisition I was founded in 2021 and plans to list on the Nasdaq under the symbol&nbsp;SHUAU. BTIG is the sole bookrunner on the deal.</p><p><blockquote>SHUAA Partners Acquisition I 成立于 2021 年，计划在纳斯达克上市，股票代码为 SHUAU。BTIG 是该交易的唯一账簿管理人。</blockquote></p><p></p>","source":"lsy1603787993745","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPAC SHUAA Partners Acquisition I files for a $200 million IPO, targeting tech in the MENAT region<blockquote>SPAC SHUAA Partners Acquisition I 申请 2 亿美元 IPO，目标是梅纳特地区的科技</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPAC SHUAA Partners Acquisition I files for a $200 million IPO, targeting tech in the MENAT region<blockquote>SPAC SHUAA Partners Acquisition I 申请 2 亿美元 IPO，目标是梅纳特地区的科技</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Renaissance Capital</strong><span class=\"h-time small\">2021-12-25 09:59</span>\n</p>\n</h4>\n</header>\n<article>\n<p>SHUAA Partners Acquisition I, a blank check company formed by SHUAA Capital targeting tech in the Middle East, North Africa, and Turkey, filed on Thursday with the SEC to raise up to $200 million in an initial public offering.</p><p><blockquote>SHUAA Partners Acquisition I 是一家由 SHUAA Capital 成立的空白支票公司，专注于中东、北非和土耳其的科技领域，该公司于周四向 SEC 提交了首次公开募股 (IPO) 筹集最多 2 亿美元的资金。</blockquote></p><p> The Cayman Islands-based company plans to raise $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. At the proposed deal size, SHUAA Partners Acquisition I would command a market value of $250 million.</p><p><blockquote>这家总部位于开曼群岛的公司计划通过以 10 美元的价格发行 2000 万台设备来筹集 2 亿美元。每个单位由一股普通股和半份认股权证组成，行权价为 11.50 美元。按照拟议的交易规模，收购 SHUAA Partners I 的市值将达到 2.5 亿美元。</blockquote></p><p> The company is led by&nbsp;<b>CEO and Director&nbsp;Fawad Tariq Khan</b>,&nbsp;a Managing Director of the Investment Banking Group at&nbsp;SHUAA Capital,&nbsp;an asset management and investment banking platform in the Middle East region. The company plans to target&nbsp;the technology space across the high growth markets of the Middle East, North Africa, and Turkey (MENAT) region.</p><p><blockquote>本公司由<b>首席执行官兼董事法瓦德·塔里克·汗</b>中东地区资产管理和投资银行平台SHUAA Capital投资银行集团董事总经理。该公司计划瞄准中东、北非和土耳其 (MENAT) 地区高增长市场的技术领域。</blockquote></p><p> SHUAA Partners Acquisition I was founded in 2021 and plans to list on the Nasdaq under the symbol&nbsp;SHUAU. BTIG is the sole bookrunner on the deal.</p><p><blockquote>SHUAA Partners Acquisition I 成立于 2021 年，计划在纳斯达克上市，股票代码为 SHUAU。BTIG 是该交易的唯一账簿管理人。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/89804/SPAC-SHUAA-Partners-Acquisition-I-files-for-a-$200-million-IPO-targeting-te\">Renaissance Capital</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/89804/SPAC-SHUAA-Partners-Acquisition-I-files-for-a-$200-million-IPO-targeting-te","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135475953","content_text":"SHUAA Partners Acquisition I, a blank check company formed by SHUAA Capital targeting tech in the Middle East, North Africa, and Turkey, filed on Thursday with the SEC to raise up to $200 million in an initial public offering.\nThe Cayman Islands-based company plans to raise $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. At the proposed deal size, SHUAA Partners Acquisition I would command a market value of $250 million.\nThe company is led by CEO and Director Fawad Tariq Khan, a Managing Director of the Investment Banking Group at SHUAA Capital, an asset management and investment banking platform in the Middle East region. The company plans to target the technology space across the high growth markets of the Middle East, North Africa, and Turkey (MENAT) region.\nSHUAA Partners Acquisition I was founded in 2021 and plans to list on the Nasdaq under the symbol SHUAU. BTIG is the sole bookrunner on the deal.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1317,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698553231,"gmtCreate":1640476258283,"gmtModify":1640476258946,"author":{"id":"3583570345500843","authorId":"3583570345500843","name":"sfleong1","avatar":"https://static.tigerbbs.com/2ec42f3f2b911279950a45a9140bc358","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583570345500843","idStr":"3583570345500843"},"themes":[],"title":"","htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698553231","repostId":"1159652805","repostType":4,"repost":{"id":"1159652805","kind":"news","pubTimestamp":1640397611,"share":"https://www.laohunote.com/m/news/1159652805?lang=zh_CN&edition=full","pubTime":"2021-12-25 10:00","market":"us","language":"en","title":"Electric boat developer Forza X1 files for a $29 million IPO<blockquote>电动船开发商 Forza X1 申请 2900 万美元 IPO</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1159652805","media":"Renaissance Capital","summary":"Forza X1, a fully electric boat developer being spun out of Twin Vee PowerCats, filed on Thursday wi","content":"<p>Forza X1, a fully electric boat developer being spun out of Twin Vee PowerCats, filed on Thursday with the SEC to raise up to $29 million in an initial public offering.</p><p><blockquote>Forza X1 是一家从 Twin Vee PowerCats 分拆出来的全电动船开发商，周四向 SEC 提交了申请，计划在首次公开募股中筹集高达 2900 万美元的资金。</blockquote></p><p> The company states that it&nbsp;aims to be among the first to develop and manufacture fully electric, affordable boats with mass appeal. Forza X1 is focused on the creation and implementation of marine electric vehicle (\"EV\") technology to control and power its electric boats utilizing a proprietary outboard electric motor. It believes to be one the first companies to design a fully integrated electric boat including the hull, outboard motor and control system for mass production. To date, Forza has designed and manufactured only prototypes of its electric sport boat, has not yet commercialized its boats, and has not sold any boats.</p><p><blockquote>该公司表示，其目标是成为首批开发和制造具有大规模吸引力的全电动、经济实惠的船只的公司之一。Forza X1 专注于创造和实施船用电动汽车 (“EV”) 技术，利用专有的舷外电动机控制和驱动其电动船。它相信自己是首批设计完全集成的电动船的公司之一，包括船体、舷外电机和控制系统进行大规模生产。迄今为止，Forza 仅设计和制造了其电动运动船的原型，尚未将其船只商业化，也没有出售任何船只。</blockquote></p><p> The Ft. Pierce, FL-based company was founded in 2009 and plans to list on the Nasdaq under the symbol&nbsp;FRZA. ThinkEquity is the sole bookrunner on the deal. No pricing terms were disclosed.</p><p><blockquote>英国《金融时报》总部位于佛罗里达州皮尔斯的公司成立于2009年，计划在纳斯达克上市，股票代码为FRZA。ThinkEquity 是该交易的唯一账簿管理人。没有披露定价条款。</blockquote></p><p></p>","source":"lsy1603787993745","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Electric boat developer Forza X1 files for a $29 million IPO<blockquote>电动船开发商 Forza X1 申请 2900 万美元 IPO</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElectric boat developer Forza X1 files for a $29 million IPO<blockquote>电动船开发商 Forza X1 申请 2900 万美元 IPO</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Renaissance Capital</strong><span class=\"h-time small\">2021-12-25 10:00</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Forza X1, a fully electric boat developer being spun out of Twin Vee PowerCats, filed on Thursday with the SEC to raise up to $29 million in an initial public offering.</p><p><blockquote>Forza X1 是一家从 Twin Vee PowerCats 分拆出来的全电动船开发商，周四向 SEC 提交了申请，计划在首次公开募股中筹集高达 2900 万美元的资金。</blockquote></p><p> The company states that it&nbsp;aims to be among the first to develop and manufacture fully electric, affordable boats with mass appeal. Forza X1 is focused on the creation and implementation of marine electric vehicle (\"EV\") technology to control and power its electric boats utilizing a proprietary outboard electric motor. It believes to be one the first companies to design a fully integrated electric boat including the hull, outboard motor and control system for mass production. To date, Forza has designed and manufactured only prototypes of its electric sport boat, has not yet commercialized its boats, and has not sold any boats.</p><p><blockquote>该公司表示，其目标是成为首批开发和制造具有大规模吸引力的全电动、经济实惠的船只的公司之一。Forza X1 专注于创造和实施船用电动汽车 (“EV”) 技术，利用专有的舷外电动机控制和驱动其电动船。它相信自己是首批设计完全集成的电动船的公司之一，包括船体、舷外电机和控制系统进行大规模生产。迄今为止，Forza 仅设计和制造了其电动运动船的原型，尚未将其船只商业化，也没有出售任何船只。</blockquote></p><p> The Ft. Pierce, FL-based company was founded in 2009 and plans to list on the Nasdaq under the symbol&nbsp;FRZA. ThinkEquity is the sole bookrunner on the deal. No pricing terms were disclosed.</p><p><blockquote>英国《金融时报》总部位于佛罗里达州皮尔斯的公司成立于2009年，计划在纳斯达克上市，股票代码为FRZA。ThinkEquity 是该交易的唯一账簿管理人。没有披露定价条款。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/89801/Electric-boat-developer-Forza-X1-files-for-a-$29-million-IPO\">Renaissance Capital</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/89801/Electric-boat-developer-Forza-X1-files-for-a-$29-million-IPO","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159652805","content_text":"Forza X1, a fully electric boat developer being spun out of Twin Vee PowerCats, filed on Thursday with the SEC to raise up to $29 million in an initial public offering.\nThe company states that it aims to be among the first to develop and manufacture fully electric, affordable boats with mass appeal. Forza X1 is focused on the creation and implementation of marine electric vehicle (\"EV\") technology to control and power its electric boats utilizing a proprietary outboard electric motor. It believes to be one the first companies to design a fully integrated electric boat including the hull, outboard motor and control system for mass production. To date, Forza has designed and manufactured only prototypes of its electric sport boat, has not yet commercialized its boats, and has not sold any boats.\nThe Ft. Pierce, FL-based company was founded in 2009 and plans to list on the Nasdaq under the symbol FRZA. ThinkEquity is the sole bookrunner on the deal. No pricing terms were disclosed.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698553634,"gmtCreate":1640476244231,"gmtModify":1640476244915,"author":{"id":"3583570345500843","authorId":"3583570345500843","name":"sfleong1","avatar":"https://static.tigerbbs.com/2ec42f3f2b911279950a45a9140bc358","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583570345500843","idStr":"3583570345500843"},"themes":[],"title":"","htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698553634","repostId":"1130212885","repostType":4,"repost":{"id":"1130212885","kind":"news","pubTimestamp":1640397757,"share":"https://www.laohunote.com/m/news/1130212885?lang=zh_CN&edition=full","pubTime":"2021-12-25 10:02","market":"us","language":"en","title":"Scottish biotech TC BioPharm lowers deal size by 40%, adds warrants ahead of $30 million US IPO<blockquote>苏格兰生物技术公司 TC BioPharm 将交易规模降低 40%，并在 3000 万美元美国 IPO 之前增加认股权证</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1130212885","media":"Renaissance Capital","summary":"TC BioPharm Holdings, a Scottish Phase 2 biotech developing allogeneic gamma-delta T cell therapies,","content":"<p>TC BioPharm Holdings, a Scottish Phase 2 biotech developing allogeneic gamma-delta T cell therapies, lowered the proposed deal size for its upcoming IPO on Thursday.</p><p><blockquote>TC BioPharm Holdings 是一家开发同种异体 gamma-delta T 细胞疗法的苏格兰 2 期生物技术公司，周四降低了其即将进行的 IPO 的拟议交易规模。</blockquote></p><p> The Holytown, UK-based company now plans to raise $30 million by offering 3.8 million ADSs at $8. The company is also offering 3.8 million warrants to purchase ADSs at $8, each with an exercise price of $10. The company had previously filed to offer 6.3 million shares at a range of $7 to $9. At the revised price, TC BioPharm Holdings will raise -40% less in proceeds than previously anticipated.<i>Because the company is now offering warrants, TC BioPharm is no longer eligible for tracking and will be excluded from Renaissance Capital's stats.</i></p><p><blockquote>这家总部位于英国霍利敦的公司目前计划以 8 美元的价格发行 380 万股美国存托凭证，筹集 3000 万美元。该公司还发行 380 万份认股权证，以 8 美元的价格购买 ADS，每份行使价为 10 美元。该公司此前曾申请以 7 至 9 美元的价格发行 630 万股股票。按照修订后的价格，TC BioPharm Holdings 筹集的收益将比之前预期少 40%。<i>由于该公司现在发行认股权证，TC BioPharm 不再有资格追踪，并将被排除在 Renaissance Capital 的统计数据之外。</i></blockquote></p><p> TC BioPharm (TCB) is focused on developing novel immunotherapies based on its proprietary allogeneic gamma-delta T cell (GD-T)&nbsp;platform. The company's Omnimmune program is expected to enter Phase 2-into-pivotal (Phase 3) trials in the 4Q21 for the treatment of acute myeloid leukemia (AML). The company plans to conduct similar trials for AML in the US following an application to the FDA in the 1H22. TCB is also developing a GD-T therapy for the treatment of COVID-19, with trials expected to start in the 4Q21, and genetically&nbsp;modified CAR-T therapies for solid cancers.</p><p><blockquote>TC BioPharm (TCB) 专注于基于其专有的同种异体 γ-δ T 细胞 (GD-T) 平台开发新型免疫疗法。该公司的 Omnimmune 项目预计将在2021年第四季度进入治疗急性髓性白血病 (AML) 的 2 期至关键（3 期）试验。该公司计划在 2022 年上半年向 FDA 提出申请后，在美国对 AML 进行类似的试验。TCB 还在开发用于治疗 COVID-19 的 GD-T 疗法，预计将在2021年第四季度开始试验，以及用于治疗实体癌的转基因 CAR-T 疗法。</blockquote></p><p> TC BioPharm Holdings was founded in 2013 and booked $3 million in revenue for the 12 months ended September 30, 2021. It plans to list on the Nasdaq under the symbol&nbsp;TCBP. EF Hutton is the sole bookrunner on the deal.</p><p><blockquote>TC BioPharm Holdings成立于2013年，截至2021年9月30日的12个月收入为300万美元。它计划在纳斯达克上市，股票代码为 TCBP。EF Hutton 是该交易的唯一账簿管理人。</blockquote></p><p></p>","source":"lsy1603787993745","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Scottish biotech TC BioPharm lowers deal size by 40%, adds warrants ahead of $30 million US IPO<blockquote>苏格兰生物技术公司 TC BioPharm 将交易规模降低 40%，并在 3000 万美元美国 IPO 之前增加认股权证</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nScottish biotech TC BioPharm lowers deal size by 40%, adds warrants ahead of $30 million US IPO<blockquote>苏格兰生物技术公司 TC BioPharm 将交易规模降低 40%，并在 3000 万美元美国 IPO 之前增加认股权证</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Renaissance Capital</strong><span class=\"h-time small\">2021-12-25 10:02</span>\n</p>\n</h4>\n</header>\n<article>\n<p>TC BioPharm Holdings, a Scottish Phase 2 biotech developing allogeneic gamma-delta T cell therapies, lowered the proposed deal size for its upcoming IPO on Thursday.</p><p><blockquote>TC BioPharm Holdings 是一家开发同种异体 gamma-delta T 细胞疗法的苏格兰 2 期生物技术公司，周四降低了其即将进行的 IPO 的拟议交易规模。</blockquote></p><p> The Holytown, UK-based company now plans to raise $30 million by offering 3.8 million ADSs at $8. The company is also offering 3.8 million warrants to purchase ADSs at $8, each with an exercise price of $10. The company had previously filed to offer 6.3 million shares at a range of $7 to $9. At the revised price, TC BioPharm Holdings will raise -40% less in proceeds than previously anticipated.<i>Because the company is now offering warrants, TC BioPharm is no longer eligible for tracking and will be excluded from Renaissance Capital's stats.</i></p><p><blockquote>这家总部位于英国霍利敦的公司目前计划以 8 美元的价格发行 380 万股美国存托凭证，筹集 3000 万美元。该公司还发行 380 万份认股权证，以 8 美元的价格购买 ADS，每份行使价为 10 美元。该公司此前曾申请以 7 至 9 美元的价格发行 630 万股股票。按照修订后的价格，TC BioPharm Holdings 筹集的收益将比之前预期少 40%。<i>由于该公司现在发行认股权证，TC BioPharm 不再有资格追踪，并将被排除在 Renaissance Capital 的统计数据之外。</i></blockquote></p><p> TC BioPharm (TCB) is focused on developing novel immunotherapies based on its proprietary allogeneic gamma-delta T cell (GD-T)&nbsp;platform. The company's Omnimmune program is expected to enter Phase 2-into-pivotal (Phase 3) trials in the 4Q21 for the treatment of acute myeloid leukemia (AML). The company plans to conduct similar trials for AML in the US following an application to the FDA in the 1H22. TCB is also developing a GD-T therapy for the treatment of COVID-19, with trials expected to start in the 4Q21, and genetically&nbsp;modified CAR-T therapies for solid cancers.</p><p><blockquote>TC BioPharm (TCB) 专注于基于其专有的同种异体 γ-δ T 细胞 (GD-T) 平台开发新型免疫疗法。该公司的 Omnimmune 项目预计将在2021年第四季度进入治疗急性髓性白血病 (AML) 的 2 期至关键（3 期）试验。该公司计划在 2022 年上半年向 FDA 提出申请后，在美国对 AML 进行类似的试验。TCB 还在开发用于治疗 COVID-19 的 GD-T 疗法，预计将在2021年第四季度开始试验，以及用于治疗实体癌的转基因 CAR-T 疗法。</blockquote></p><p> TC BioPharm Holdings was founded in 2013 and booked $3 million in revenue for the 12 months ended September 30, 2021. It plans to list on the Nasdaq under the symbol&nbsp;TCBP. EF Hutton is the sole bookrunner on the deal.</p><p><blockquote>TC BioPharm Holdings成立于2013年，截至2021年9月30日的12个月收入为300万美元。它计划在纳斯达克上市，股票代码为 TCBP。EF Hutton 是该交易的唯一账簿管理人。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/89799/Scottish-biotech-TC-BioPharm-lowers-deal-size-by-40-adds-warrants-ahead-of-\">Renaissance Capital</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/89799/Scottish-biotech-TC-BioPharm-lowers-deal-size-by-40-adds-warrants-ahead-of-","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130212885","content_text":"TC BioPharm Holdings, a Scottish Phase 2 biotech developing allogeneic gamma-delta T cell therapies, lowered the proposed deal size for its upcoming IPO on Thursday.\nThe Holytown, UK-based company now plans to raise $30 million by offering 3.8 million ADSs at $8. The company is also offering 3.8 million warrants to purchase ADSs at $8, each with an exercise price of $10. The company had previously filed to offer 6.3 million shares at a range of $7 to $9. At the revised price, TC BioPharm Holdings will raise -40% less in proceeds than previously anticipated.Because the company is now offering warrants, TC BioPharm is no longer eligible for tracking and will be excluded from Renaissance Capital's stats.\nTC BioPharm (TCB) is focused on developing novel immunotherapies based on its proprietary allogeneic gamma-delta T cell (GD-T) platform. The company's Omnimmune program is expected to enter Phase 2-into-pivotal (Phase 3) trials in the 4Q21 for the treatment of acute myeloid leukemia (AML). The company plans to conduct similar trials for AML in the US following an application to the FDA in the 1H22. TCB is also developing a GD-T therapy for the treatment of COVID-19, with trials expected to start in the 4Q21, and genetically modified CAR-T therapies for solid cancers.\nTC BioPharm Holdings was founded in 2013 and booked $3 million in revenue for the 12 months ended September 30, 2021. It plans to list on the Nasdaq under the symbol TCBP. EF Hutton is the sole bookrunner on the deal.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698553828,"gmtCreate":1640476230999,"gmtModify":1640476231729,"author":{"id":"3583570345500843","authorId":"3583570345500843","name":"sfleong1","avatar":"https://static.tigerbbs.com/2ec42f3f2b911279950a45a9140bc358","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583570345500843","idStr":"3583570345500843"},"themes":[],"title":"","htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/698553828","repostId":"1187049149","repostType":4,"repost":{"id":"1187049149","kind":"news","pubTimestamp":1640397936,"share":"https://www.laohunote.com/m/news/1187049149?lang=zh_CN&edition=full","pubTime":"2021-12-25 10:05","market":"us","language":"en","title":"Disruptive tech SPAC Future Tech II Acquisition files for a $100 million IPO<blockquote>Disruptive Tech SPAC Future Tech II 收购申请 1 亿美元 IPO</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1187049149","media":"Renaissance Capital","summary":"Future Tech II Acquisition, a blank check company targeting the disruptive technology sector in the ","content":"<p>Future Tech II Acquisition, a blank check company targeting the disruptive technology sector in the US, filed on Thursday with the SEC to raise up to $100 million in an initial public offering.</p><p><blockquote>Future Tech II Acquisition 是一家瞄准美国颠覆性技术行业的空白支票公司，周四向美国证券交易委员会提交了申请，计划在首次公开募股中筹集高达 1 亿美元的资金。</blockquote></p><p> The New Rochelle, NY-based company plans to raise $100 million by offering 10 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. At the proposed deal size, Future Tech II Acquisition would command a market value of $130 million.</p><p><blockquote>这家总部位于纽约州罗谢尔的新公司计划通过以 10 美元的价格发行 1000 万台设备来筹集 1 亿美元。每个单位由一股普通股和半份认股权证组成，行权价为 11.50 美元。按照拟议的交易规模，Future Tech II 收购的市值将达到 1.3 亿美元。</blockquote></p><p> The company is led by&nbsp;<b>CEO and Chairman Yuquan Wang</b>, the Founding Partner of Haiyin Capital. The company plans to target the disruptive technology sector in the US, including artificial intelligence, robotic process automation, and any other related technology innovations market.</p><p><blockquote>本公司由<b>首席执行官兼董事长王玉泉</b>，海银资本创始合伙人。该公司计划瞄准美国的颠覆性技术领域，包括人工智能、机器人流程自动化和任何其他相关技术创新市场。</blockquote></p><p> Future Tech II Acquisition was founded in 2021 and plans to list on the Nasdaq under the symbolFTIIU. EF Hutton is the sole bookrunner on the deal.</p><p><blockquote>Future Tech II Acquisition成立于2021年，计划在纳斯达克上市，股票代码为FTIIU。EF Hutton 是该交易的唯一账簿管理人。</blockquote></p><p></p>","source":"lsy1603787993745","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Disruptive tech SPAC Future Tech II Acquisition files for a $100 million IPO<blockquote>Disruptive Tech SPAC Future Tech II 收购申请 1 亿美元 IPO</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDisruptive tech SPAC Future Tech II Acquisition files for a $100 million IPO<blockquote>Disruptive Tech SPAC Future Tech II 收购申请 1 亿美元 IPO</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Renaissance Capital</strong><span class=\"h-time small\">2021-12-25 10:05</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Future Tech II Acquisition, a blank check company targeting the disruptive technology sector in the US, filed on Thursday with the SEC to raise up to $100 million in an initial public offering.</p><p><blockquote>Future Tech II Acquisition 是一家瞄准美国颠覆性技术行业的空白支票公司，周四向美国证券交易委员会提交了申请，计划在首次公开募股中筹集高达 1 亿美元的资金。</blockquote></p><p> The New Rochelle, NY-based company plans to raise $100 million by offering 10 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. At the proposed deal size, Future Tech II Acquisition would command a market value of $130 million.</p><p><blockquote>这家总部位于纽约州罗谢尔的新公司计划通过以 10 美元的价格发行 1000 万台设备来筹集 1 亿美元。每个单位由一股普通股和半份认股权证组成，行权价为 11.50 美元。按照拟议的交易规模，Future Tech II 收购的市值将达到 1.3 亿美元。</blockquote></p><p> The company is led by&nbsp;<b>CEO and Chairman Yuquan Wang</b>, the Founding Partner of Haiyin Capital. The company plans to target the disruptive technology sector in the US, including artificial intelligence, robotic process automation, and any other related technology innovations market.</p><p><blockquote>本公司由<b>首席执行官兼董事长王玉泉</b>，海银资本创始合伙人。该公司计划瞄准美国的颠覆性技术领域，包括人工智能、机器人流程自动化和任何其他相关技术创新市场。</blockquote></p><p> Future Tech II Acquisition was founded in 2021 and plans to list on the Nasdaq under the symbolFTIIU. EF Hutton is the sole bookrunner on the deal.</p><p><blockquote>Future Tech II Acquisition成立于2021年，计划在纳斯达克上市，股票代码为FTIIU。EF Hutton 是该交易的唯一账簿管理人。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/89795/Disruptive-tech-SPAC-Future-Tech-II-Acquisition-files-for-a-$100-million-IP\">Renaissance Capital</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/89795/Disruptive-tech-SPAC-Future-Tech-II-Acquisition-files-for-a-$100-million-IP","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187049149","content_text":"Future Tech II Acquisition, a blank check company targeting the disruptive technology sector in the US, filed on Thursday with the SEC to raise up to $100 million in an initial public offering.\nThe New Rochelle, NY-based company plans to raise $100 million by offering 10 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. At the proposed deal size, Future Tech II Acquisition would command a market value of $130 million.\nThe company is led by CEO and Chairman Yuquan Wang, the Founding Partner of Haiyin Capital. The company plans to target the disruptive technology sector in the US, including artificial intelligence, robotic process automation, and any other related technology innovations market.\nFuture Tech II Acquisition was founded in 2021 and plans to list on the Nasdaq under the symbolFTIIU. EF Hutton is the sole bookrunner on the deal.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1432,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":698553901,"gmtCreate":1640476182331,"gmtModify":1640476182993,"author":{"id":"3583570345500843","authorId":"3583570345500843","name":"sfleong1","avatar":"https://static.tigerbbs.com/2ec42f3f2b911279950a45a9140bc358","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583570345500843","idStr":"3583570345500843"},"themes":[],"title":"","htmlText":"Like n comment","listText":"Like n comment","text":"Like n 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comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/604484190","repostId":"1183432073","repostType":4,"isVote":1,"tweetType":1,"viewCount":778,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":814073241,"gmtCreate":1630734117583,"gmtModify":1632906108829,"author":{"id":"3583570345500843","authorId":"3583570345500843","name":"sfleong1","avatar":"https://static.tigerbbs.com/2ec42f3f2b911279950a45a9140bc358","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583570345500843","authorIdStr":"3583570345500843"},"themes":[],"title":"","htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/814073241","repostId":"2164803413","repostType":4,"isVote":1,"tweetType":1,"viewCount":625,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813963560,"gmtCreate":1630122003250,"gmtModify":1704956286378,"author":{"id":"3583570345500843","authorId":"3583570345500843","name":"sfleong1","avatar":"https://static.tigerbbs.com/2ec42f3f2b911279950a45a9140bc358","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583570345500843","authorIdStr":"3583570345500843"},"themes":[],"title":"","htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":12,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/813963560","repostId":"1162964424","repostType":4,"repost":{"id":"1162964424","kind":"news","pubTimestamp":1630111098,"share":"https://www.laohunote.com/m/news/1162964424?lang=zh_CN&edition=full","pubTime":"2021-08-28 08:38","market":"us","language":"en","title":"Apple Stock: How It Could Be A Great Inflation Play<blockquote>苹果股票：它如何成为一场伟大的通胀游戏</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1162964424","media":"TheStreet","summary":"Apple’s iPhone 13 could cost consumers more due to an increase in the price of certain components. This is bad news for users, but probably good news for Apple stock investors.IPhone users thinking of upgrading their devices this year  should expect to reach deeper into their pockets. DigiTimes has reported that Apple’s iPhone 13 could be launched next month at a higher price due to parts inflation.Bad news for consumers could be great news for Apple stock investors. If the price increase is con","content":"<p>Apple’s iPhone 13 could cost consumers more due to an increase in the price of certain components. This is bad news for users, but probably good news for Apple stock investors.</p><p><blockquote>由于某些零部件价格上涨，苹果的 iPhone 13 可能会让消费者花费更多。这对用户来说是个坏消息，但对苹果股票投资者来说可能是个好消息。</blockquote></p><p> IPhone users thinking of upgrading their devices this year (or those looking to switch to the iOS-based product) should expect to reach deeper into their pockets. DigiTimes has&nbsp;reported&nbsp;that Apple’s iPhone 13 could be launched next month at a higher price due to parts inflation.</p><p><blockquote>考虑今年升级设备的IPhone用户（或那些希望转向基于iOS的产品的用户）应该期待他们的口袋更深。据 DigiTimes 报道，由于零部件通胀，苹果的 iPhone 13 可能会在下个月以更高的价格上市。</blockquote></p><p> Bad news for consumers could be great news for Apple stock&nbsp;investors. If the price increase is confirmed, it provides evidence that AAPL might be a great inflation play during these times of worry over rising producer and consumer prices.</p><p><blockquote>对消费者来说是坏消息，对苹果股票投资者来说可能是好消息。如果价格上涨得到证实，这将提供证据表明，在人们担心生产者和消费者价格上涨的时期，AAPL 可能是一个很好的通胀工具。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d6f4ac9ebc1b90072340731dc5c1e613\" tg-width=\"1240\" tg-height=\"698\" referrerpolicy=\"no-referrer\"><span>Figure 1: Apple's iPhone 12 Pro.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1：苹果的iPhone 12 Pro。</span></p></blockquote></p><p> <b>What happened?</b></p><p><blockquote><b>发生什么事了？</b></blockquote></p><p> The iPhone is already considered a pricey tech gadget that can cost as much as $1,400 for the fully loaded, higher-end 12 Pro Max model in the US (see figure below). Due to this year’s components shortage, chip maker TSMC may raise its part prices to Apple by 3% to 5%, which could lead to a similar increase in the price of the yet-to-be-announced iPhone 13.</p><p><blockquote>iPhone已经被认为是一款昂贵的科技产品，在美国，满载的高端12 Pro Max型号的价格可能高达1400美元（见下图）。由于今年的零部件短缺，芯片制造商台积电可能会将其对苹果的零部件价格提高 3% 至 5%，这可能会导致尚未发布的 iPhone 13 的价格也出现类似的上涨。</blockquote></p><p> It is unlikely that one of the largest and most successful consumer product companies in the world would try to raise prices without confidence that doing so does not impact demand for the new iPhone substantially. Apple can probably afford to hike prices because the company understands the value and the appeal of its luxury brand.</p><p><blockquote>世界上最大、最成功的消费品公司之一不太可能在不确定这样做不会对新iPhone的需求产生实质性影响的情况下试图提高价格。苹果可能有能力提高价格，因为该公司了解其奢侈品牌的价值和吸引力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0140b9b68bb9eb5dd7e88aaff384785d\" tg-width=\"707\" tg-height=\"370\" referrerpolicy=\"no-referrer\"><span>Figure 2: iPhone 12 Pro on Apple's store.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图2：苹果商店上的iPhone 12 Pro。</span></p></blockquote></p><p> <b>A quote from Jim Cramer</b></p><p><blockquote><b>吉姆·克莱默的一句话</b></blockquote></p><p> One of the most concerning headwinds to stocks in the foreseeable future is the possibility of inflation eroding corporate margins and leading to higher interest rates in 2021-2022. But should producer and consumer prices spike, not all stocks will be impacted equally.</p><p><blockquote>在可预见的未来，股市面临的最令人担忧的阻力之一是通货膨胀可能侵蚀企业利润率并导致 2021-2022 年利率上升。但如果生产者和消费者价格飙升，并非所有股票都会受到同等影响。</blockquote></p><p> Generally speaking, companies with strong pricing power that are able to pass on the higher production costs to consumers will likely outperform. This is a point that&nbsp;Mad Money’s Jim Cramer has made recently. Here is his quote:</p><p><blockquote>一般来说，拥有强大定价权、能够将较高生产成本转嫁给消费者的公司可能会跑赢大盘。这是 Mad Money 的吉姆-克莱默（Jim Cramer）最近提出的观点。以下是他的名言：</blockquote></p><p>   “When you try to think of what’s working in this market... I want you to ask yourself, would you be insensitive to a price increase if the company put one through? [What are] the companies that can raise prices without infuriating you? Go buy their stocks.”  <b>The impact to the P&amp;L</b></p><p><blockquote>“当你试图思考这个市场上什么在起作用时......我想让你问问自己，如果公司实施涨价，你会对涨价麻木不仁吗？[有哪些]公司可以在不激怒你的情况下提高价格？去买他们的股票吧。”<b>对损益的影响</b></blockquote></p><p> Are higher prices a good or a bad thing for a company’s financial performance? The answer is nuanced and depends on a few factors.</p><p><blockquote>价格上涨对公司的财务业绩是好事还是坏事？答案是微妙的，取决于几个因素。</blockquote></p><p> Holding all else constant, higher prices also mean higher revenues (think of the formula for sales: price times quantity). If the increase in price is decoupled from an increase in product or operating costs, then the hike also helps to boost margins – thus profits as well.</p><p><blockquote>在其他条件不变的情况下，更高的价格也意味着更高的收入（想想销售公式：价格乘以数量）。如果价格上涨与产品或运营成本的增加脱钩，那么价格上涨也有助于提高利润率，从而提高利润。</blockquote></p><p> However, “holding all else constant” is not how the world really works. A change in price tends to have an impact on a few key variables, most important of which is demand. If higher prices do not impact units sold by much or at all, this is great news for revenues and, most likely, earnings.</p><p><blockquote>然而，“保持其他一切不变”并不是世界的真正运作方式。价格的变化往往会对几个关键变量产生影响，其中最重要的是需求。如果价格上涨对销量没有太大影响或根本没有影响，这对收入和最有可能的盈利来说都是个好消息。</blockquote></p><p> The other piece to consider is whether the price hike fully or only partially offsets higher costs. Assuming the latter, revenues can still benefit without a corresponding positive effect on margins and profits. The complexity presented by the many moving parts makes it hard to determine with certainty how a more expensive iPhone may impact Apple’s financial statements in the future.</p><p><blockquote>另一件要考虑的事情是价格上涨是完全还是仅部分抵消了更高的成本。假设后者，收入仍然可以受益，而不会对利润率和利润产生相应的积极影响。由于移动部件众多，因此很难确定价格更高的 iPhone 未来会对苹果的财务报表产生怎样的影响。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock: How It Could Be A Great Inflation Play<blockquote>苹果股票：它如何成为一场伟大的通胀游戏</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock: How It Could Be A Great Inflation Play<blockquote>苹果股票：它如何成为一场伟大的通胀游戏</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-08-28 08:38</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Apple’s iPhone 13 could cost consumers more due to an increase in the price of certain components. This is bad news for users, but probably good news for Apple stock investors.</p><p><blockquote>由于某些零部件价格上涨，苹果的 iPhone 13 可能会让消费者花费更多。这对用户来说是个坏消息，但对苹果股票投资者来说可能是个好消息。</blockquote></p><p> IPhone users thinking of upgrading their devices this year (or those looking to switch to the iOS-based product) should expect to reach deeper into their pockets. DigiTimes has&nbsp;reported&nbsp;that Apple’s iPhone 13 could be launched next month at a higher price due to parts inflation.</p><p><blockquote>考虑今年升级设备的IPhone用户（或那些希望转向基于iOS的产品的用户）应该期待他们的口袋更深。据 DigiTimes 报道，由于零部件通胀，苹果的 iPhone 13 可能会在下个月以更高的价格上市。</blockquote></p><p> Bad news for consumers could be great news for Apple stock&nbsp;investors. If the price increase is confirmed, it provides evidence that AAPL might be a great inflation play during these times of worry over rising producer and consumer prices.</p><p><blockquote>对消费者来说是坏消息，对苹果股票投资者来说可能是好消息。如果价格上涨得到证实，这将提供证据表明，在人们担心生产者和消费者价格上涨的时期，AAPL 可能是一个很好的通胀工具。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d6f4ac9ebc1b90072340731dc5c1e613\" tg-width=\"1240\" tg-height=\"698\" referrerpolicy=\"no-referrer\"><span>Figure 1: Apple's iPhone 12 Pro.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1：苹果的iPhone 12 Pro。</span></p></blockquote></p><p> <b>What happened?</b></p><p><blockquote><b>发生什么事了？</b></blockquote></p><p> The iPhone is already considered a pricey tech gadget that can cost as much as $1,400 for the fully loaded, higher-end 12 Pro Max model in the US (see figure below). Due to this year’s components shortage, chip maker TSMC may raise its part prices to Apple by 3% to 5%, which could lead to a similar increase in the price of the yet-to-be-announced iPhone 13.</p><p><blockquote>iPhone已经被认为是一款昂贵的科技产品，在美国，满载的高端12 Pro Max型号的价格可能高达1400美元（见下图）。由于今年的零部件短缺，芯片制造商台积电可能会将其对苹果的零部件价格提高 3% 至 5%，这可能会导致尚未发布的 iPhone 13 的价格也出现类似的上涨。</blockquote></p><p> It is unlikely that one of the largest and most successful consumer product companies in the world would try to raise prices without confidence that doing so does not impact demand for the new iPhone substantially. Apple can probably afford to hike prices because the company understands the value and the appeal of its luxury brand.</p><p><blockquote>世界上最大、最成功的消费品公司之一不太可能在不确定这样做不会对新iPhone的需求产生实质性影响的情况下试图提高价格。苹果可能有能力提高价格，因为该公司了解其奢侈品牌的价值和吸引力。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0140b9b68bb9eb5dd7e88aaff384785d\" tg-width=\"707\" tg-height=\"370\" referrerpolicy=\"no-referrer\"><span>Figure 2: iPhone 12 Pro on Apple's store.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图2：苹果商店上的iPhone 12 Pro。</span></p></blockquote></p><p> <b>A quote from Jim Cramer</b></p><p><blockquote><b>吉姆·克莱默的一句话</b></blockquote></p><p> One of the most concerning headwinds to stocks in the foreseeable future is the possibility of inflation eroding corporate margins and leading to higher interest rates in 2021-2022. But should producer and consumer prices spike, not all stocks will be impacted equally.</p><p><blockquote>在可预见的未来，股市面临的最令人担忧的阻力之一是通货膨胀可能侵蚀企业利润率并导致 2021-2022 年利率上升。但如果生产者和消费者价格飙升，并非所有股票都会受到同等影响。</blockquote></p><p> Generally speaking, companies with strong pricing power that are able to pass on the higher production costs to consumers will likely outperform. This is a point that&nbsp;Mad Money’s Jim Cramer has made recently. Here is his quote:</p><p><blockquote>一般来说，拥有强大定价权、能够将较高生产成本转嫁给消费者的公司可能会跑赢大盘。这是 Mad Money 的吉姆-克莱默（Jim Cramer）最近提出的观点。以下是他的名言：</blockquote></p><p>   “When you try to think of what’s working in this market... I want you to ask yourself, would you be insensitive to a price increase if the company put one through? [What are] the companies that can raise prices without infuriating you? Go buy their stocks.”  <b>The impact to the P&amp;L</b></p><p><blockquote>“当你试图思考这个市场上什么在起作用时......我想让你问问自己，如果公司实施涨价，你会对涨价麻木不仁吗？[有哪些]公司可以在不激怒你的情况下提高价格？去买他们的股票吧。”<b>对损益的影响</b></blockquote></p><p> Are higher prices a good or a bad thing for a company’s financial performance? The answer is nuanced and depends on a few factors.</p><p><blockquote>价格上涨对公司的财务业绩是好事还是坏事？答案是微妙的，取决于几个因素。</blockquote></p><p> Holding all else constant, higher prices also mean higher revenues (think of the formula for sales: price times quantity). If the increase in price is decoupled from an increase in product or operating costs, then the hike also helps to boost margins – thus profits as well.</p><p><blockquote>在其他条件不变的情况下，更高的价格也意味着更高的收入（想想销售公式：价格乘以数量）。如果价格上涨与产品或运营成本的增加脱钩，那么价格上涨也有助于提高利润率，从而提高利润。</blockquote></p><p> However, “holding all else constant” is not how the world really works. A change in price tends to have an impact on a few key variables, most important of which is demand. If higher prices do not impact units sold by much or at all, this is great news for revenues and, most likely, earnings.</p><p><blockquote>然而，“保持其他一切不变”并不是世界的真正运作方式。价格的变化往往会对几个关键变量产生影响，其中最重要的是需求。如果价格上涨对销量没有太大影响或根本没有影响，这对收入和最有可能的盈利来说都是个好消息。</blockquote></p><p> The other piece to consider is whether the price hike fully or only partially offsets higher costs. Assuming the latter, revenues can still benefit without a corresponding positive effect on margins and profits. The complexity presented by the many moving parts makes it hard to determine with certainty how a more expensive iPhone may impact Apple’s financial statements in the future.</p><p><blockquote>另一件要考虑的事情是价格上涨是完全还是仅部分抵消了更高的成本。假设后者，收入仍然可以受益，而不会对利润率和利润产生相应的积极影响。由于移动部件众多，因此很难确定价格更高的 iPhone 未来会对苹果的财务报表产生怎样的影响。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/apple/iphone/apple-stock-how-it-could-be-a-great-inflation-play\">TheStreet</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/iphone/apple-stock-how-it-could-be-a-great-inflation-play","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162964424","content_text":"Apple’s iPhone 13 could cost consumers more due to an increase in the price of certain components. This is bad news for users, but probably good news for Apple stock investors.\nIPhone users thinking of upgrading their devices this year (or those looking to switch to the iOS-based product) should expect to reach deeper into their pockets. DigiTimes has reported that Apple’s iPhone 13 could be launched next month at a higher price due to parts inflation.\nBad news for consumers could be great news for Apple stock investors. If the price increase is confirmed, it provides evidence that AAPL might be a great inflation play during these times of worry over rising producer and consumer prices.\nFigure 1: Apple's iPhone 12 Pro.\nWhat happened?\nThe iPhone is already considered a pricey tech gadget that can cost as much as $1,400 for the fully loaded, higher-end 12 Pro Max model in the US (see figure below). Due to this year’s components shortage, chip maker TSMC may raise its part prices to Apple by 3% to 5%, which could lead to a similar increase in the price of the yet-to-be-announced iPhone 13.\nIt is unlikely that one of the largest and most successful consumer product companies in the world would try to raise prices without confidence that doing so does not impact demand for the new iPhone substantially. Apple can probably afford to hike prices because the company understands the value and the appeal of its luxury brand.\nFigure 2: iPhone 12 Pro on Apple's store.\nA quote from Jim Cramer\nOne of the most concerning headwinds to stocks in the foreseeable future is the possibility of inflation eroding corporate margins and leading to higher interest rates in 2021-2022. But should producer and consumer prices spike, not all stocks will be impacted equally.\nGenerally speaking, companies with strong pricing power that are able to pass on the higher production costs to consumers will likely outperform. This is a point that Mad Money’s Jim Cramer has made recently. Here is his quote:\n\n “When you try to think of what’s working in this market... I want you to ask yourself, would you be insensitive to a price increase if the company put one through? [What are] the companies that can raise prices without infuriating you? Go buy their stocks.”\n\nThe impact to the P&L\nAre higher prices a good or a bad thing for a company’s financial performance? The answer is nuanced and depends on a few factors.\nHolding all else constant, higher prices also mean higher revenues (think of the formula for sales: price times quantity). If the increase in price is decoupled from an increase in product or operating costs, then the hike also helps to boost margins – thus profits as well.\nHowever, “holding all else constant” is not how the world really works. A change in price tends to have an impact on a few key variables, most important of which is demand. If higher prices do not impact units sold by much or at all, this is great news for revenues and, most likely, earnings.\nThe other piece to consider is whether the price hike fully or only partially offsets higher costs. Assuming the latter, revenues can still benefit without a corresponding positive effect on margins and profits. The complexity presented by the many moving parts makes it hard to determine with certainty how a more expensive iPhone may impact Apple’s financial statements in the future.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":626,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":874271276,"gmtCreate":1637797606581,"gmtModify":1637797606815,"author":{"id":"3583570345500843","authorId":"3583570345500843","name":"sfleong1","avatar":"https://static.tigerbbs.com/2ec42f3f2b911279950a45a9140bc358","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583570345500843","authorIdStr":"3583570345500843"},"themes":[],"title":"","htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/874271276","repostId":"1162285179","repostType":4,"isVote":1,"tweetType":1,"viewCount":501,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875188626,"gmtCreate":1637624951304,"gmtModify":1637624951541,"author":{"id":"3583570345500843","authorId":"3583570345500843","name":"sfleong1","avatar":"https://static.tigerbbs.com/2ec42f3f2b911279950a45a9140bc358","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583570345500843","authorIdStr":"3583570345500843"},"themes":[],"title":"","htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/875188626","repostId":"2185806024","repostType":4,"isVote":1,"tweetType":1,"viewCount":691,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605573552,"gmtCreate":1639199981243,"gmtModify":1639199981879,"author":{"id":"3583570345500843","authorId":"3583570345500843","name":"sfleong1","avatar":"https://static.tigerbbs.com/2ec42f3f2b911279950a45a9140bc358","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583570345500843","authorIdStr":"3583570345500843"},"themes":[],"title":"","htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/605573552","repostId":"2190675480","repostType":4,"isVote":1,"tweetType":1,"viewCount":650,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605762929,"gmtCreate":1639266577362,"gmtModify":1639266578005,"author":{"id":"3583570345500843","authorId":"3583570345500843","name":"sfleong1","avatar":"https://static.tigerbbs.com/2ec42f3f2b911279950a45a9140bc358","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583570345500843","authorIdStr":"3583570345500843"},"themes":[],"title":"","htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/605762929","repostId":"2190675480","repostType":4,"isVote":1,"tweetType":1,"viewCount":669,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":829687851,"gmtCreate":1633499393792,"gmtModify":1633499394568,"author":{"id":"3583570345500843","authorId":"3583570345500843","name":"sfleong1","avatar":"https://static.tigerbbs.com/2ec42f3f2b911279950a45a9140bc358","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583570345500843","authorIdStr":"3583570345500843"},"themes":[],"title":"","htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/829687851","repostId":"1103782575","repostType":4,"repost":{"id":"1103782575","kind":"news","pubTimestamp":1633486462,"share":"https://www.laohunote.com/m/news/1103782575?lang=zh_CN&edition=full","pubTime":"2021-10-06 10:14","market":"us","language":"en","title":"Don't worry (too much) about an October market crash<blockquote>不要（太）担心十月份的市场崩盘</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1103782575","media":"CNN Business","summary":"New York (CNN Business) - October has often been a spooky month on Wall Street. Stocks famously cras","content":"<p><div> New York (CNN Business) - October has often been a spooky month on Wall Street. Stocks famously crashed in October 1929, 1987 and, most recently, 2008. But the marketisn't always a terrifying place to...</p><p><blockquote><div>纽约（CNN Business）——十月通常是华尔街阴森恐怖的一个月。众所周知，股市在 1929 年 10 月、1987 年以及最近的 2008 年崩盘。但是市场并不总是一个可怕的地方……</div></blockquote></p><p>  <a href=\"https://edition.cnn.com/2021/10/05/investing/october-stocks/index.html\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://edition.cnn.com/2021/10/05/investing/october-stocks/index.html\">网页连接</a></blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Don't worry (too much) about an October market crash<blockquote>不要（太）担心十月份的市场崩盘</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDon't worry (too much) about an October market crash<blockquote>不要（太）担心十月份的市场崩盘</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">CNN Business</strong><span class=\"h-time small\">2021-10-06 10:14</span>\n</p>\n</h4>\n</header>\n<article>\n<p><div> New York (CNN Business) - October has often been a spooky month on Wall Street. Stocks famously crashed in October 1929, 1987 and, most recently, 2008. But the marketisn't always a terrifying place to...</p><p><blockquote><div>纽约（CNN Business）——十月通常是华尔街阴森恐怖的一个月。众所周知，股市在 1929 年 10 月、1987 年以及最近的 2008 年崩盘。但是市场并不总是一个可怕的地方……</div></blockquote></p><p>  <a href=\"https://edition.cnn.com/2021/10/05/investing/october-stocks/index.html\">网页链接</a>  </div> </p><p><blockquote><a href=\"https://edition.cnn.com/2021/10/05/investing/october-stocks/index.html\">网页连接</a></blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://edition.cnn.com/2021/10/05/investing/october-stocks/index.html\">CNN Business</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://edition.cnn.com/2021/10/05/investing/october-stocks/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103782575","content_text":"New York (CNN Business) - October has often been a spooky month on Wall Street. Stocks famously crashed in October 1929, 1987 and, most recently, 2008.\nBut the marketisn't always a terrifying place to be just before Halloween. In fact,stocks typically go up in October.\nAccording to data from Ryan Detrick, chief market strategist at LPL Financial, October is just about in the middle of the pack: It has been the 7th best month for the S&P 500 since 1950 and the 4th best over the past 10 and 20 years.\n\"October is known for some spectacular crashes and many expect bad things to happen again this year,\" Detrick said in a report last week. \"But the truth is this month is simply misunderstood, as historically it is about an average month.\"\nAnd it could be better than average this October, because there are no potentially game-changing election results coming in November.\nSince 1999, the S&P 500 has gained 3.6% in odd-year Octobers and fallen 1.1% in even-numbered ones, corresponding to the US election schedule.\n\"It turns out stocks don't like politics much,\" Detrick said.\nMany risks remain but outlook still promising for stocks\nOf course DC headlines could still roil the market this year, albeit not because of an election.\nThe debt ceiling debate has yet to be resolved, and Congress still hasn't passed President Joe Biden's infrastructure and social spending plans. Meanwhile Biden also must soon decide whether he wants to nominate Jerome Powell for a second term as Fed chairman or pick someone else.\n\"The fourth quarter — like the conclusion of sporting events or Broadway plays — is where the drama lies,\" Louis Navellier, chairman of Navellier & Associates, said in a report last week.\nThat said, Navellier is hopeful the usual seasonal tailwinds for the markets and the broader economy will lift stocks this year.\nStocks tend to enjoy not just solid gains in October, but also for the remainder of the fourth quarter. Consumer spending surges during the holiday shopping season and businesses often look to boost investments before annual budgets run out.\nWith that in mind, some strategists think that investors will continue to focus on the positive when looking ahead to earnings for Q4 and 2022.\nYes, worries remain about Covid-19, Fed policy, inflation, global shipping delays and numerous other economic warning signs.\nBut although this could create more volatility than usual in October and the rest of the fourth quarter, few expect that these challenges will lead to another recession. So the path of least resistance for stocks is still upward.\n\"Virtually all of these problems are showing tangible signs toward resolution,\" Robert Teeter, managing director at Silvercrest Asset Management, said in a report Monday, \"and should not inflict any long-term damage to stock valuations.\"","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":494,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604324824,"gmtCreate":1639353337263,"gmtModify":1639353337897,"author":{"id":"3583570345500843","authorId":"3583570345500843","name":"sfleong1","avatar":"https://static.tigerbbs.com/2ec42f3f2b911279950a45a9140bc358","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583570345500843","authorIdStr":"3583570345500843"},"themes":[],"title":"","htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/604324824","repostId":"1160181402","repostType":4,"repost":{"id":"1160181402","kind":"news","pubTimestamp":1639353092,"share":"https://www.laohunote.com/m/news/1160181402?lang=zh_CN&edition=full","pubTime":"2021-12-13 07:51","market":"us","language":"en","title":"Earnings to Watch This Week: Accenture, Adobe and FedEx<blockquote>本周值得关注的财报：埃森哲、Adobe 和联邦快递</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1160181402","media":"nasdaq","summary":"What direction will the market take to close out the year? And when assessing the level the convicti","content":"<p>What direction will the market take to close out the year? And when assessing the level the conviction held by the bulls versus the bears, which side will be the first to blink? These questions don’t have easy answers, given the number of variables which are still at play, including concerns around the Fed’s tapering maneuvers, interest rates and rising inflation which stands at a 39-year high.</p><p><blockquote>市场将朝着什么方向结束这一年？当评估多头和空头的信念水平时，哪一方会第一个眨眼？鉴于仍有许多变量在发挥作用，包括对美联储缩减规模、利率和通胀上升的担忧，这些问题并不容易回答。</blockquote></p><p> However, the questions do highlight the the prevailing see-saw battle between good news and bad news and how they should be interpreted. According to data released Friday from the Labor Department, inflation soared 6.8% year over year in November, higher than the 6.7% estimate analysts expected. You would have to go all the way back to 1982 to find the last time inflation ran this fast. Meanwhile, the consumer price index rose 0.8% for the month. Despite the strong reading, the markets powered higher on Friday, suggesting that some investors might have expected a higher number. Some estimates were as high as 7%.</p><p><blockquote>然而，这些问题确实凸显了好消息和坏消息之间普遍存在的锯战，以及应该如何解读它们。美国劳工部周五公布的数据显示，11月份通胀率同比飙升6.8%，高于分析师预期的6.7%。你必须追溯到1982年才能找到上一次通货膨胀如此之快的时间。与此同时，本月消费者价格指数上涨0.8%。尽管数据强劲，但周五市场走高，这表明一些投资者可能预计数字会更高。有些估计高达7%。</blockquote></p><p> Stocks ended Friday’s session higher Friday, while booking solid gains for the week. On Friday the Dow Jones Industrial Average added 216.30 points, up 0.6% to end the session at 35,970.99. The blue chip index was powered by shares of Apple (AAPL), Salesforce (CRM), Microsoft (MSFT) and IBM (IBM). The S&amp;P 500 index rose 44.57 points or 0.95% to close at 4,712.02, while the tech-heavy Nasdaq Composite Index gained 113.23 points, 0.73%, to close at 15,630.60. The Nasdaq was aided by a 1.32% rise in Tesla (TSLA).</p><p><blockquote>股市周五收高，本周涨幅稳健。周五，道琼斯工业平均指数上涨216.30点，上涨0.6%，收于35,970.99点。蓝筹股指数由苹果 (AAPL)、Salesforce (CRM)、微软 (MSFT) 和 IBM (IBM) 的股票提供动力。标普500指数上涨44.57点，涨幅0.95%，收于4,712.02点；以科技股为主的纳斯达克综合指数上涨113.23点，涨幅0.73%，收于15,630.60点。特斯拉 (TSLA) 上涨 1.32%，支撑了纳斯达克。</blockquote></p><p> In the case of “good news versus bad news,” while inflation might be running hotter than the market would like, investors are also thinking that higher inflation could force the Federal Reserve to pump the brakes on its decision to taper the monthly bond-buying program. This idea is not too farfetched seeing as the S&amp;P 500 index closed at record high in the face of increased uncertainty, compounded by fears that stock valuations have become stretched.</p><p><blockquote>在 “好消息与坏消息 ”的情况下，虽然通胀可能比市场预期的要高，但投资者也认为，通胀上升可能会迫使美联储放缓每月债券购买计划的决定。鉴于标普500指数在不确定性增加的情况下收于历史新高，再加上对股票估值捉襟见肘的担忧，这一想法并不太牵强。</blockquote></p><p> For the week, all three major benchmarks posted gains, with the Dow rising 4%, marking the blue chip index’s biggest weekly percentage gain in nine months. The S&amp;P 500 index climbed 3.8% for the week, while the Nasdaq Composite advanced 3.6%. As for the direction stocks will take to end the year? Some suggest the Santa Claus rally has just begun, while there are concerns that the Fed — which will meet next week — could be the Scrooge in the story by tapering at a faster pace.</p><p><blockquote>本周，三大基准指数全部上涨，道琼斯指数上涨 4%，创下该蓝筹股指数九个月来最大的单周百分比涨幅。标普500指数本周上涨3.8%，纳斯达克综合指数上涨3.6%。至于股市年底的走向？一些人认为圣诞老人的集会才刚刚开始，而有人担心将于下周开会的美联储可能会成为故事中的守财奴，以更快的速度缩减规模。</blockquote></p><p> As for earnings, here are this week’s stocks to keep an eye on.</p><p><blockquote>至于财报，以下是本周值得关注的股票。</blockquote></p><p> <b>FedEx (FDX) - Reports after the close, Thursday, Dec. 16</b></p><p><blockquote><b>联邦快递 (FDX) - 12 月 16 日星期四收盘后报告</b></blockquote></p><p> Wall Street expects FedEx to earn $4.25 per share on revenue of $22.44 billion. This compares to the year-ago quarter when earnings came to $4.83 per share on revenue of $20.56 billion.</p><p><blockquote>华尔街预计联邦快递每股收益 4.25 美元，营收为 224.4 亿美元。相比之下，去年同期每股收益为 4.83 美元，营收为 205.6 亿美元。</blockquote></p><p> What to watch: Amid what appears to be short-term headwinds related to labor shortages and supply chain bottlenecks, FedEx stock has suffered immensely since the company reported second quarter results. Although Q2 revenue rose some 14% year over year, reaching $22 billion, FedEx posted 9% decline in adjusted operating income which fell to $1.49 billion. The company cited a challenging labor environment, including higher labor costs which pressured its margins and created inefficiencies. Since the results, the stock has fallen more than 30% from around $315 to a recent low of $217. It would appear, however, that the company has established some support around that area. Since the October low, the share price has risen as much as 17%. The company has taken aggressive steps to address its labor shortage. The question is, whether this will be yield meaningful improvements in the bottom line. And given that this is the all-important holiday quarter, on Thursday investors will want to hear increased level of optimism about profitability improvements within e-commerce and FedEx’s Ground segment. FedEx must also guide in a manner that suggests that the improvements shown will be sustainable.</p><p><blockquote>看点：在与劳动力短缺和供应链瓶颈相关的短期阻力中，自该公司公布第二季度业绩以来，联邦快递股价遭受了巨大损失。尽管第二季度收入同比增长约 14%，达到 220 亿美元，但联邦快递的调整后经营利润下降了 9%，降至 14.9 亿美元。该公司指出，劳动力环境充满挑战，包括劳动力成本上升，这给其利润率带来了压力并造成了效率低下。自业绩公布以来，该股已从 315 美元左右下跌超过 30%，至近期低点 217 美元。然而，该公司似乎已经在这一领域建立了一些支持。自10月低点以来，股价涨幅高达17%。该公司已采取积极措施解决劳动力短缺问题。问题是，这是否会带来有意义的利润改善。鉴于这是最重要的假日季度，周四投资者将希望听到对电子商务和联邦快递地面部门盈利能力改善的更乐观情绪。联邦快递还必须以一种表明所显示的改进将是可持续的方式进行指导。</blockquote></p><p> <b>Accenture (ACN) - Reports before the open, Thursday, Dec. 16</b></p><p><blockquote><b>埃森哲 (ACN) - 12 月 16 日星期四开盘前报告</b></blockquote></p><p> Wall Street expects Accenture to earn $2.63 per share on revenue of $14.16 billion. This compares to the year-ago quarter when earnings came to $2.17 per share on revenue of $11.76 billion.</p><p><blockquote>华尔街预计埃森哲每股收益为 2.63 美元，营收为 141.6 亿美元。相比之下，去年同期每股收益为 2.17 美元，营收为 117.6 亿美元。</blockquote></p><p></p><p> What to watch: Compared to other tech/software stocks, Accenture stands out as one of the better-performing stocks over the past six months and on a year-to-date basis, during which the share price has returned 32% and 42%, respectively. A leading specialist in the IT consulting and outsourcing space, Accenture has outperformed the Technology Select Sector SPDR ETF (XLK) the S&amp;P 500 index in both spans. Its business has benefited immensely from the rapid growing demand not only for IT services, but also from increased cloud adoption and digital transitions. The question is, with the stock already up some 50% in twelve months and trading at a 52-week high, can Accenture still be relied upon to deliver in 2022 in a meaningful way? The company’s guidance on Thursday will answer that question.</p><p><blockquote>看点：与其他科技/软件股票相比，埃森哲是过去六个月和今年迄今为止表现较好的股票之一，在此期间股价回报率分别为 32% 和 42%。作为 IT 咨询和外包领域的领先专家，埃森哲的技术精选行业 SPDR ETF (XLK) 在这两个范围内的表现都优于标普500指数。其业务不仅受益于IT服务需求的快速增长，还受益于云采用和数字化转型的增加。问题是，由于该股在 12 个月内已经上涨了约 50%，并且交易价格达到 52 周高点，埃森哲还能在 2022 年以有意义的方式交付吗？该公司周四的指导意见将回答这个问题。</blockquote></p><p> <b>Adobe (ADBE) - Reports before the open, Thursday, Dec. 16</b></p><p><blockquote><b>Adobe (ADBE) - 12 月 16 日星期四开盘前的报告</b></blockquote></p><p> Wall Street expects Adobe to earn $3.20 per share on revenue of $4.09 billion. This compares to the year-ago quarter when earnings came to $2.81 per share on revenue of $3.42 billion.</p><p><blockquote>华尔街预计 Adobe 每股收益为 3.20 美元，营收为 40.9 亿美元。相比之下，去年同期每股收益为 2.81 美元，营收为 34.2 亿美元。</blockquote></p><p> What to watch: Adobe stock has risen 23% over the past six months, compared to the 11% rise in the S&amp;P 500 index. The software giant is benefiting from the massive secular digitization trend that is poised to remain hot over the next two years. The question is about this year, particularly when looking at the strong comparisons Adobe is coming up against. For example, after averaging 23% revenue growth in its previous three quarters, revenue is expected to rise just 15% for all of fiscal 2022. That said, the company’s product offering remains a key differentiator from potential competitors. Adobe's Digital Media segment, its biggest business unit which encompasses Photoshop, After Effects, Adobe Acrobat and Adobe Sign, accounts for 74% of its total business as of Q3 2021. Meanwhile, the company’s smaller segment, its Document Cloud business, accounts for 13% of total revenue and grew by 31% year over year last quarters. This remains a massive opportunity for Adobe, in addition to its Digital Experience segment, which includes Adobe's analytics and commerce units (Magento and Marketo). While the stock is not cheap today it doesn’t appear as if it will get cheaper given the company’s many growth catalysts.</p><p><blockquote>看点：Adobe 股价在过去六个月中上涨了 23%，而标普500指数上涨了 11%。这家软件巨头正在受益于大规模的长期数字化趋势，这一趋势将在未来两年内保持火热。问题是关于今年的，特别是当看到Adobe遇到的强有力的比较时。例如，在前三个季度平均收入增长 23% 之后，预计 2022 财年全年收入仅增长 15%。尽管如此，该公司的产品仍然是区别于潜在竞争对手的关键优势。截至2021年第三季度，Adobe的数字媒体部门是其最大的业务部门，包括Photoshop、Affects、Adobe Acrobat和Adobe Sign，占其总业务的74%。与此同时，该公司较小的部门--文档云业务--占总收入的 13%，上几个季度同比增长 31%。除了数字体验部门（包括 Adobe 的分析和商务部门（Magento 和 Marketo））之外，这对 Adobe 来说仍然是一个巨大的机会。虽然该股目前并不便宜，但考虑到该公司的许多增长催化剂，它似乎不会变得更便宜。</blockquote></p><p></p>","source":"lsy1603171495471","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Earnings to Watch This Week: Accenture, Adobe and FedEx<blockquote>本周值得关注的财报：埃森哲、Adobe 和联邦快递</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEarnings to Watch This Week: Accenture, Adobe and FedEx<blockquote>本周值得关注的财报：埃森哲、Adobe 和联邦快递</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">nasdaq</strong><span class=\"h-time small\">2021-12-13 07:51</span>\n</p>\n</h4>\n</header>\n<article>\n<p>What direction will the market take to close out the year? And when assessing the level the conviction held by the bulls versus the bears, which side will be the first to blink? These questions don’t have easy answers, given the number of variables which are still at play, including concerns around the Fed’s tapering maneuvers, interest rates and rising inflation which stands at a 39-year high.</p><p><blockquote>市场将朝着什么方向结束这一年？当评估多头和空头的信念水平时，哪一方会第一个眨眼？鉴于仍有许多变量在发挥作用，包括对美联储缩减规模、利率和通胀上升的担忧，这些问题并不容易回答。</blockquote></p><p> However, the questions do highlight the the prevailing see-saw battle between good news and bad news and how they should be interpreted. According to data released Friday from the Labor Department, inflation soared 6.8% year over year in November, higher than the 6.7% estimate analysts expected. You would have to go all the way back to 1982 to find the last time inflation ran this fast. Meanwhile, the consumer price index rose 0.8% for the month. Despite the strong reading, the markets powered higher on Friday, suggesting that some investors might have expected a higher number. Some estimates were as high as 7%.</p><p><blockquote>然而，这些问题确实凸显了好消息和坏消息之间普遍存在的锯战，以及应该如何解读它们。美国劳工部周五公布的数据显示，11月份通胀率同比飙升6.8%，高于分析师预期的6.7%。你必须追溯到1982年才能找到上一次通货膨胀如此之快的时间。与此同时，本月消费者价格指数上涨0.8%。尽管数据强劲，但周五市场走高，这表明一些投资者可能预计数字会更高。有些估计高达7%。</blockquote></p><p> Stocks ended Friday’s session higher Friday, while booking solid gains for the week. On Friday the Dow Jones Industrial Average added 216.30 points, up 0.6% to end the session at 35,970.99. The blue chip index was powered by shares of Apple (AAPL), Salesforce (CRM), Microsoft (MSFT) and IBM (IBM). The S&amp;P 500 index rose 44.57 points or 0.95% to close at 4,712.02, while the tech-heavy Nasdaq Composite Index gained 113.23 points, 0.73%, to close at 15,630.60. The Nasdaq was aided by a 1.32% rise in Tesla (TSLA).</p><p><blockquote>股市周五收高，本周涨幅稳健。周五，道琼斯工业平均指数上涨216.30点，上涨0.6%，收于35,970.99点。蓝筹股指数由苹果 (AAPL)、Salesforce (CRM)、微软 (MSFT) 和 IBM (IBM) 的股票提供动力。标普500指数上涨44.57点，涨幅0.95%，收于4,712.02点；以科技股为主的纳斯达克综合指数上涨113.23点，涨幅0.73%，收于15,630.60点。特斯拉 (TSLA) 上涨 1.32%，支撑了纳斯达克。</blockquote></p><p> In the case of “good news versus bad news,” while inflation might be running hotter than the market would like, investors are also thinking that higher inflation could force the Federal Reserve to pump the brakes on its decision to taper the monthly bond-buying program. This idea is not too farfetched seeing as the S&amp;P 500 index closed at record high in the face of increased uncertainty, compounded by fears that stock valuations have become stretched.</p><p><blockquote>在 “好消息与坏消息 ”的情况下，虽然通胀可能比市场预期的要高，但投资者也认为，通胀上升可能会迫使美联储放缓每月债券购买计划的决定。鉴于标普500指数在不确定性增加的情况下收于历史新高，再加上对股票估值捉襟见肘的担忧，这一想法并不太牵强。</blockquote></p><p> For the week, all three major benchmarks posted gains, with the Dow rising 4%, marking the blue chip index’s biggest weekly percentage gain in nine months. The S&amp;P 500 index climbed 3.8% for the week, while the Nasdaq Composite advanced 3.6%. As for the direction stocks will take to end the year? Some suggest the Santa Claus rally has just begun, while there are concerns that the Fed — which will meet next week — could be the Scrooge in the story by tapering at a faster pace.</p><p><blockquote>本周，三大基准指数全部上涨，道琼斯指数上涨 4%，创下该蓝筹股指数九个月来最大的单周百分比涨幅。标普500指数本周上涨3.8%，纳斯达克综合指数上涨3.6%。至于股市年底的走向？一些人认为圣诞老人的集会才刚刚开始，而有人担心将于下周开会的美联储可能会成为故事中的守财奴，以更快的速度缩减规模。</blockquote></p><p> As for earnings, here are this week’s stocks to keep an eye on.</p><p><blockquote>至于财报，以下是本周值得关注的股票。</blockquote></p><p> <b>FedEx (FDX) - Reports after the close, Thursday, Dec. 16</b></p><p><blockquote><b>联邦快递 (FDX) - 12 月 16 日星期四收盘后报告</b></blockquote></p><p> Wall Street expects FedEx to earn $4.25 per share on revenue of $22.44 billion. This compares to the year-ago quarter when earnings came to $4.83 per share on revenue of $20.56 billion.</p><p><blockquote>华尔街预计联邦快递每股收益 4.25 美元，营收为 224.4 亿美元。相比之下，去年同期每股收益为 4.83 美元，营收为 205.6 亿美元。</blockquote></p><p> What to watch: Amid what appears to be short-term headwinds related to labor shortages and supply chain bottlenecks, FedEx stock has suffered immensely since the company reported second quarter results. Although Q2 revenue rose some 14% year over year, reaching $22 billion, FedEx posted 9% decline in adjusted operating income which fell to $1.49 billion. The company cited a challenging labor environment, including higher labor costs which pressured its margins and created inefficiencies. Since the results, the stock has fallen more than 30% from around $315 to a recent low of $217. It would appear, however, that the company has established some support around that area. Since the October low, the share price has risen as much as 17%. The company has taken aggressive steps to address its labor shortage. The question is, whether this will be yield meaningful improvements in the bottom line. And given that this is the all-important holiday quarter, on Thursday investors will want to hear increased level of optimism about profitability improvements within e-commerce and FedEx’s Ground segment. FedEx must also guide in a manner that suggests that the improvements shown will be sustainable.</p><p><blockquote>看点：在与劳动力短缺和供应链瓶颈相关的短期阻力中，自该公司公布第二季度业绩以来，联邦快递股价遭受了巨大损失。尽管第二季度收入同比增长约 14%，达到 220 亿美元，但联邦快递的调整后经营利润下降了 9%，降至 14.9 亿美元。该公司指出，劳动力环境充满挑战，包括劳动力成本上升，这给其利润率带来了压力并造成了效率低下。自业绩公布以来，该股已从 315 美元左右下跌超过 30%，至近期低点 217 美元。然而，该公司似乎已经在这一领域建立了一些支持。自10月低点以来，股价涨幅高达17%。该公司已采取积极措施解决劳动力短缺问题。问题是，这是否会带来有意义的利润改善。鉴于这是最重要的假日季度，周四投资者将希望听到对电子商务和联邦快递地面部门盈利能力改善的更乐观情绪。联邦快递还必须以一种表明所显示的改进将是可持续的方式进行指导。</blockquote></p><p> <b>Accenture (ACN) - Reports before the open, Thursday, Dec. 16</b></p><p><blockquote><b>埃森哲 (ACN) - 12 月 16 日星期四开盘前报告</b></blockquote></p><p> Wall Street expects Accenture to earn $2.63 per share on revenue of $14.16 billion. This compares to the year-ago quarter when earnings came to $2.17 per share on revenue of $11.76 billion.</p><p><blockquote>华尔街预计埃森哲每股收益为 2.63 美元，营收为 141.6 亿美元。相比之下，去年同期每股收益为 2.17 美元，营收为 117.6 亿美元。</blockquote></p><p></p><p> What to watch: Compared to other tech/software stocks, Accenture stands out as one of the better-performing stocks over the past six months and on a year-to-date basis, during which the share price has returned 32% and 42%, respectively. A leading specialist in the IT consulting and outsourcing space, Accenture has outperformed the Technology Select Sector SPDR ETF (XLK) the S&amp;P 500 index in both spans. Its business has benefited immensely from the rapid growing demand not only for IT services, but also from increased cloud adoption and digital transitions. The question is, with the stock already up some 50% in twelve months and trading at a 52-week high, can Accenture still be relied upon to deliver in 2022 in a meaningful way? The company’s guidance on Thursday will answer that question.</p><p><blockquote>看点：与其他科技/软件股票相比，埃森哲是过去六个月和今年迄今为止表现较好的股票之一，在此期间股价回报率分别为 32% 和 42%。作为 IT 咨询和外包领域的领先专家，埃森哲的技术精选行业 SPDR ETF (XLK) 在这两个范围内的表现都优于标普500指数。其业务不仅受益于IT服务需求的快速增长，还受益于云采用和数字化转型的增加。问题是，由于该股在 12 个月内已经上涨了约 50%，并且交易价格达到 52 周高点，埃森哲还能在 2022 年以有意义的方式交付吗？该公司周四的指导意见将回答这个问题。</blockquote></p><p> <b>Adobe (ADBE) - Reports before the open, Thursday, Dec. 16</b></p><p><blockquote><b>Adobe (ADBE) - 12 月 16 日星期四开盘前的报告</b></blockquote></p><p> Wall Street expects Adobe to earn $3.20 per share on revenue of $4.09 billion. This compares to the year-ago quarter when earnings came to $2.81 per share on revenue of $3.42 billion.</p><p><blockquote>华尔街预计 Adobe 每股收益为 3.20 美元，营收为 40.9 亿美元。相比之下，去年同期每股收益为 2.81 美元，营收为 34.2 亿美元。</blockquote></p><p> What to watch: Adobe stock has risen 23% over the past six months, compared to the 11% rise in the S&amp;P 500 index. The software giant is benefiting from the massive secular digitization trend that is poised to remain hot over the next two years. The question is about this year, particularly when looking at the strong comparisons Adobe is coming up against. For example, after averaging 23% revenue growth in its previous three quarters, revenue is expected to rise just 15% for all of fiscal 2022. That said, the company’s product offering remains a key differentiator from potential competitors. Adobe's Digital Media segment, its biggest business unit which encompasses Photoshop, After Effects, Adobe Acrobat and Adobe Sign, accounts for 74% of its total business as of Q3 2021. Meanwhile, the company’s smaller segment, its Document Cloud business, accounts for 13% of total revenue and grew by 31% year over year last quarters. This remains a massive opportunity for Adobe, in addition to its Digital Experience segment, which includes Adobe's analytics and commerce units (Magento and Marketo). While the stock is not cheap today it doesn’t appear as if it will get cheaper given the company’s many growth catalysts.</p><p><blockquote>看点：Adobe 股价在过去六个月中上涨了 23%，而标普500指数上涨了 11%。这家软件巨头正在受益于大规模的长期数字化趋势，这一趋势将在未来两年内保持火热。问题是关于今年的，特别是当看到Adobe遇到的强有力的比较时。例如，在前三个季度平均收入增长 23% 之后，预计 2022 财年全年收入仅增长 15%。尽管如此，该公司的产品仍然是区别于潜在竞争对手的关键优势。截至2021年第三季度，Adobe的数字媒体部门是其最大的业务部门，包括Photoshop、Affects、Adobe Acrobat和Adobe Sign，占其总业务的74%。与此同时，该公司较小的部门--文档云业务--占总收入的 13%，上几个季度同比增长 31%。除了数字体验部门（包括 Adobe 的分析和商务部门（Magento 和 Marketo））之外，这对 Adobe 来说仍然是一个巨大的机会。虽然该股目前并不便宜，但考虑到该公司的许多增长催化剂，它似乎不会变得更便宜。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.nasdaq.com/articles/weekly-preview%3A-earnings-to-watch-this-week-acn-adbe-fdx\">nasdaq</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACN":"埃森哲","ADBE":"Adobe","FDX":"联邦快递"},"source_url":"https://www.nasdaq.com/articles/weekly-preview%3A-earnings-to-watch-this-week-acn-adbe-fdx","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160181402","content_text":"What direction will the market take to close out the year? And when assessing the level the conviction held by the bulls versus the bears, which side will be the first to blink? These questions don’t have easy answers, given the number of variables which are still at play, including concerns around the Fed’s tapering maneuvers, interest rates and rising inflation which stands at a 39-year high.\n\nHowever, the questions do highlight the the prevailing see-saw battle between good news and bad news and how they should be interpreted. According to data released Friday from the Labor Department, inflation soared 6.8% year over year in November, higher than the 6.7% estimate analysts expected. You would have to go all the way back to 1982 to find the last time inflation ran this fast. Meanwhile, the consumer price index rose 0.8% for the month. Despite the strong reading, the markets powered higher on Friday, suggesting that some investors might have expected a higher number. Some estimates were as high as 7%.\n\nStocks ended Friday’s session higher Friday, while booking solid gains for the week. On Friday the Dow Jones Industrial Average added 216.30 points, up 0.6% to end the session at 35,970.99. The blue chip index was powered by shares of Apple (AAPL), Salesforce (CRM), Microsoft (MSFT) and IBM (IBM). The S&P 500 index rose 44.57 points or 0.95% to close at 4,712.02, while the tech-heavy Nasdaq Composite Index gained 113.23 points, 0.73%, to close at 15,630.60. The Nasdaq was aided by a 1.32% rise in Tesla (TSLA).\n\nIn the case of “good news versus bad news,” while inflation might be running hotter than the market would like, investors are also thinking that higher inflation could force the Federal Reserve to pump the brakes on its decision to taper the monthly bond-buying program. This idea is not too farfetched seeing as the S&P 500 index closed at record high in the face of increased uncertainty, compounded by fears that stock valuations have become stretched.\n\n\nFor the week, all three major benchmarks posted gains, with the Dow rising 4%, marking the blue chip index’s biggest weekly percentage gain in nine months. The S&P 500 index climbed 3.8% for the week, while the Nasdaq Composite advanced 3.6%. As for the direction stocks will take to end the year? Some suggest the Santa Claus rally has just begun, while there are concerns that the Fed — which will meet next week — could be the Scrooge in the story by tapering at a faster pace.\n\nAs for earnings, here are this week’s stocks to keep an eye on.\n\nFedEx (FDX) - Reports after the close, Thursday, Dec. 16\n\nWall Street expects FedEx to earn $4.25 per share on revenue of $22.44 billion. This compares to the year-ago quarter when earnings came to $4.83 per share on revenue of $20.56 billion.\n\nWhat to watch: Amid what appears to be short-term headwinds related to labor shortages and supply chain bottlenecks, FedEx stock has suffered immensely since the company reported second quarter results. Although Q2 revenue rose some 14% year over year, reaching $22 billion, FedEx posted 9% decline in adjusted operating income which fell to $1.49 billion. The company cited a challenging labor environment, including higher labor costs which pressured its margins and created inefficiencies. Since the results, the stock has fallen more than 30% from around $315 to a recent low of $217. It would appear, however, that the company has established some support around that area. Since the October low, the share price has risen as much as 17%. The company has taken aggressive steps to address its labor shortage. The question is, whether this will be yield meaningful improvements in the bottom line. And given that this is the all-important holiday quarter, on Thursday investors will want to hear increased level of optimism about profitability improvements within e-commerce and FedEx’s Ground segment. FedEx must also guide in a manner that suggests that the improvements shown will be sustainable.\n\nAccenture (ACN) - Reports before the open, Thursday, Dec. 16\n\n\nWall Street expects Accenture to earn $2.63 per share on revenue of $14.16 billion. This compares to the year-ago quarter when earnings came to $2.17 per share on revenue of $11.76 billion.\n\nWhat to watch: Compared to other tech/software stocks, Accenture stands out as one of the better-performing stocks over the past six months and on a year-to-date basis, during which the share price has returned 32% and 42%, respectively. A leading specialist in the IT consulting and outsourcing space, Accenture has outperformed the Technology Select Sector SPDR ETF (XLK) the S&P 500 index in both spans. Its business has benefited immensely from the rapid growing demand not only for IT services, but also from increased cloud adoption and digital transitions. The question is, with the stock already up some 50% in twelve months and trading at a 52-week high, can Accenture still be relied upon to deliver in 2022 in a meaningful way? The company’s guidance on Thursday will answer that question.\n\nAdobe (ADBE) - Reports before the open, Thursday, Dec. 16\n\nWall Street expects Adobe to earn $3.20 per share on revenue of $4.09 billion. This compares to the year-ago quarter when earnings came to $2.81 per share on revenue of $3.42 billion.\n\nWhat to watch: Adobe stock has risen 23% over the past six months, compared to the 11% rise in the S&P 500 index. The software giant is benefiting from the massive secular digitization trend that is poised to remain hot over the next two years. The question is about this year, particularly when looking at the strong comparisons Adobe is coming up against. For example, after averaging 23% revenue growth in its previous three quarters, revenue is expected to rise just 15% for all of fiscal 2022. That said, the company’s product offering remains a key differentiator from potential competitors. Adobe's Digital Media segment, its biggest business unit which encompasses Photoshop, After Effects, Adobe Acrobat and Adobe Sign, accounts for 74% of its total business as of Q3 2021. Meanwhile, the company’s smaller segment, its Document Cloud business, accounts for 13% of total revenue and grew by 31% year over year last quarters. This remains a massive opportunity for Adobe, in addition to its Digital Experience segment, which includes Adobe's analytics and commerce units (Magento and Marketo). While the stock is not cheap today it doesn’t appear as if it will get cheaper given the company’s many growth catalysts.","news_type":1,"symbols_score_info":{"ADBE":0.9,"FDX":0.9,"ACN":0.9}},"isVote":1,"tweetType":1,"viewCount":641,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}