๐ด๐ฒ๐๐พ๐๐ถ๐ป ๐๐ฎ๐ถ๐น๐ ๐ฆ๐๐บ๐บ๐ฎ๐ฟ๐ ๐ฌ๐ฎ.๐ฌ๐ฑ.๐ฎ๐ฌ๐ฎ๐ฎ
Hello getquinners!
Iโm feeling like Floyd in this Mayweather๐ (sorry, couldnโt help it๐ ). Here's a round-up of some things which started off the week!
๐๐ฒ๐ฟ๐บ๐ฎ๐ป๐๐ฉ๐ช:
1. Deutsche Post has too much cash (!)
Deutsche Post $DPW (-0.25%) CFO Melanie Kreis has not got rid of her nicer issue, which the Bonn-based company experienced in the last year. All the cash they received from customers in 2021 has to go, and quickly. Otherwise, as a resolution passed twelve years ago by the management board warns, the former state-owned company may be in breach of its own guidelines. Instead of the free cash flow of 2.3 billion euros, initially targeted for 2021, the company reported a cash inflow of 4.1 billion euros at the end of the fiscal year.
๐ฅ $DPW (-0.25%) Deutsche Post, โฌ40.48 (๐ฝ-1.06%)
More on the cash surplus: https://bit.ly/382iHjz
๐๐๐ถ๐ฎ๐:
2. Former Snap India head joins Coinbase
As part of Coinbaseโs $COIN (+0.23%) emerging markets push, they have hired the former head of Snap India $SNAP Durgesh Kaushik as their new Senior Director for Market Expansion. During Kaushikโs time at Snap, he oversaw a 330% increase in monthly active users in India. Coinbase $COIN (+0.23%) launched last month in the worldโs second most populous country.
๐ฉ $COIN (+0.23%) Coinbase Inc, $117.26 (๐ผ+4.03%)
Wondering how Kaushik can help the cryptocurrency firm? https://tcrn.ch/39kIHqG
๐ช๐ผ๐ฟ๐น๐ฑ๐๐๐:
3. Berkshire Hathaway annual shareholders meeting
On the weekend, Berkshire Hathaway $BRK.B (+0.57%) had their annual shareholders meeting. There were quite a few key takeaways from the firm led by Warren Buffett.
๐ฅ $BRK.B (+0.57%) Berkshire Hathaway Class B, $318.71 (๐ฝ-1.28%)
Want to read these key takeaways? Hereโs the link: https://app.getquin.com/activity/pgDDMlXbpq
๐ฆ๐๐ผ๐ฐ๐ธ๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฑ๐ฎ๐:
๐ฉย TOP, $9988 (+1.3%) Alibaba Group (๐ผ+15.69%)
๐ฅ FLOP, $GPN (+0.58%) Global Payments Inc (๐ฝ-11.01%)
๐ฅ Most searched, $AMZN (+0.46%)
Amazon.com Inc (๐ฝ-1.99%)
๐ฉย Most traded, $BAS (-0.45%) BASF SE (๐ผ+0.99%)
๐ฉ S&P500 (๐ผ+0.005%)
๐ฅ DAX (๐ฝ-1.11%)
๐ฉ $BTC (+1.15%) Bitcoin โฟ, $38,857.00 (๐ผ+1.01%)
Time: 17:15 CEST
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