Month: October 2019

Whirlpool Corp on Tuesday reported quarterly sales below analysts’ estimates, hurt by lower appliance sales in Latin America, sending its shares down 2% in trading after the bell. Net sales in the Latin American unit fell 28% to $632 million in the third quarter. Chief Executive Officer Marc Bitzer attributed the decline to the sale of the company’s Embraco compressor business and to a small extent to currency changes. …read more […]

Q3 2019 Ameris Bancorp Earnings Call …read more […]

U.S. prosecutors said on Tuesday they had charged six members of an insider trading ring who worked for firms including Goldman Sachs Group, Moelis and Centerview Partners and allegedly booked tens of millions of dollars in illicit profits. The U.S. Attorney’s Office for the Southern District of New York has arrested three members of the international ring and unsealed four separate indictments in recent days. …read more […]

Roku (ROKU) announced it has acquired ad-management platform Dataxu for $150 million. The move should make the digital streamer even more sticky as its competitors attempt to take share away from the fast-growing company.In this article we’ll look at the terms of the deal and what it could mean for the long-term growth prospects of ROKU.TermsRoku entered into an agreement to acquire Dataxu for $150 million in cash and stock. Roku CEO, Anthony Wood, said the “acquisition of Dataxu will accelerate our ad platform while also helping our content partners monetize their inventory even more effectively.”Dataxu offers marketers the ability …read more […]

NORTH READING, Mass. (AP) _ Teradyne Inc. (TER) on Tuesday reported third-quarter net income of $135.9 million. On a per-share basis, the North Reading, Massachusetts-based company said it had net income of 75 cents. The results beat Wall Street expectations. …read more […]

Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […] …read more […]