Human Rights/Labor Rights
Bike sales surge helps Halfords through lockdown   
July 07, 2020
Source: YAHOO! - It said bike sales had risen 57.1% in the 13 weeks to 3 July as people sought to avoid public transport. As a retailer selling goods considered essential, Halfords did not have to cease trading because of coronavirus.
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Sunrun to Buy Solar Peer Vivint Solar for $1.46 Billion in Stock   
July 07, 2020
Source: TheStreet.com - Sunrun RUN said it reached an agreement to buy fellow solar company Vivint Solar VSLR for about $1.46 billion in stock. The enterprise value of the deal is
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From museums and restaurants to law firms and supermarkets, thousands of Chicago-area businesses got PPP loans worth $1 million or more   
July 07, 2020
Source: Chicago Tribune - The Small Business Administration on Monday released a list of some of the businesses approved for federal payroll protection loans, and a lot of prominent Chicago-area companies received funds to help them through the...
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Paychex Stock Too Expensive At $76'   
July 07, 2020
Source: Forbes - Paychex stock is down around 8% since the beginning of this year, and at the current price of around $77 per share, we believe Paychex stock has a significant downside. Why is that' Our belief stems from the fact that...
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European Shares Fall On Economic Recovery Concerns   
July 07, 2020
Source: Nasdaq - European stocks fell in cautious trade on Tuesday amid concerns that the economic recovery in the U.S. may be "leveling off" amid a recent surge in coronavirus infections. U.S. Federal Reserve official Raphael Bostic told the...
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Over 5,600 fossil fuel companies have taken at least $3bn in US Covid-19 aid   
July 07, 2020
Source: The Guardian on MSN.com - More than 5,600 companies in the fossil fuel industry have taken a minimum of $3bn in coronavirus aid from the US federal government, according to an analysis by Documented and the Guardian of newly released data. Load Error The...
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Bank of America is delaying return-to-office plans for U.S. employees, memo shows   
July 07, 2020
Source: The Business Journals - Bank of America is seeing more Covid-19 cases among workers, especially U.S. employees working from home, a new memo says. The bank is pushing back when workers will return to the office.
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Simon Property Group’s $8.5 Billion In Liquidity Makes The ‘Golden Rule’ Relevant   
July 06, 2020
Source: Forbes - In real estate - as in any asset class - it really boils down to survival of the fittest, and within the mall REIT sector, Simon clearly has the dominant cost of capital and scale advantages.
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COLUMN-Oil producers will fight for market share as consumption growth slows: Kemp   
July 06, 2020
Source: Nasdaq - Petroleum consumption growth has been slowing for decades and the industry shows increasing signs of maturity, which will have profound implications for the business strategies of oil-producing companies and countries.
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An audit of Wirecard's key business in Europe and the US reportedly shows its internal financial numbers are far worse than previously thought   
July 06, 2020
Source: Business Insider - Underperformance of Wirecard's Asian operations have created challenges for the administrator who is looking to sell Wirecard's remaining business.
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