JPMorgan downgrades Coca Cola Femsa stock rating to Neutral on growth outlook
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Rarely have two earnings reports so neatly aligned, as microchip equipment maker ASML Holding reported surprisingly strong orders growth as memory-chip producer SK Hynix said it would make a “considerable increase” in capital expenditure.
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CFO David Zinsner recently scooped up $250,000 worth of stock, reflecting “belief in Intel and commitment to creating shareholder value.”
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Chairman Yan Zhou has amassed a fortune of $3.1 billion, while his deputy Zhao Ding has a net worth of $2 billion. They became rich by selling discounted snacks like boxes of biscuits for as little as 40 cents.
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