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United lifts 2019 profit target as strong travel demand outweighs MAX crisis

Chicago-based United is one of three U.S. airlines that has had to cancel more than 2,000 monthly flights through the end of the year as Boeing Co’s 737 MAX remains grounded following two deadly crashes in Indonesia and Ethiopia. The flight cancellations have weighed on airline profits and costs, but United said strong travel demand continued to offset MAX headwinds and disruption in Hong Kong and China. As a result, it raised its 2019 adjusted diluted earnings per share guidance to $11.25-$12.25 versus $10.5-$12.0 previously. …read more […]

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Hedge Funds Have Never Been This Bullish On HEICO Corporation (HEI)

Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of June. At Insider Monkey, we follow nearly 750 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are […] …read more […]

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Marvell Technology Group Ltd. (MRVL): Are Hedge Funds Right About Buying This Stock?

The Insider Monkey team has completed processing the quarterly 13F filings for the June quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as […] …read more […]

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Were Hedge Funds Right About Dumping Incyte Corporation (INCY)?

Our extensive research has shown that imitating the smart money can generate significant returns for retail investors, which is why we track nearly 750 active prominent money managers and analyze their quarterly 13F filings. The stocks that are heavily bought by hedge funds historically outperformed the market, though there is no shortage of high profile […] …read more […]