Tag: plan
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JOYY: Below-Expectations Guidance And Buyback Plan Renewal Are Key Considerations (YY)
agrobacter Elevator Pitch I continue to award a Hold rating to JOYY (NASDAQ:YY). In my prior September 29, 2023 update, I assessed YY’s cash pile, shareholder capital return, and financial outlook. The focus of this latest article is JOYY’s new quarterly top line guidance and the company’s decision to extend the expiry date of its…
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Biden forgives ANOTHER $4.8 BILLION in student debt: President’s huge plan to go around the Supreme Court continues with latest wiping of loans for 80,000 borrowers
Published: 5:01 PM EST, December 6, 2023 | Updated: 6:14 PM EST, December 6, 2023 Joe Biden canceled $4.8 billion in student debt on Wednesday, bringing the total he has forgiven for more than 3.6 million borrowers to $132 billion. This is despite the Supreme Court rejecting his plan to cancel $400 billion in debt…
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Biden’s own government criticizes his massive student loan relief: Watchdog says administration’s plan didn’t include enough fraud protections in $430 billion relief program
Published: 4:39 PM EST, November 17, 2023 | Updated: 4:39 PM EST, November 17, 2023 The Biden administration received a major slap on the wrist from one of its own for failing to implement strong anti-fraud measures in its original plan to hand out $430 billion in student loans. In a blistering report released yesterday,…