Month: October 2019

Brazil is determined to lure airlines to operate domestic flights in Latin America’s largest aviation market, and is taking meetings with at least three carriers, a senior government official told Reuters. “We are going to talk with Jet Blue, we are going to talk with Volaris, a Mexican group … we are going to talk with Sky Airline, which is Chilean,” Ronei Glanzmann, Brazil’s civil aviation secretary, told Reuters on the sidelines of the ALTA Airline Leaders Forum, an industry conference. “These are conversations to introduce Brazil to them, they do not mean that the airlines are saying …read more […]

California authorities north of the San Francisco Bay area widened their evacuation orders to 130,000 people on Sunday as firefighters battled a growing, wind-whipped wildfire in the area known for its rolling hills and wineries. The mandatory orders, which grew from 50,000 residents during most of Saturday and another 39,000 overnight, could expand further as forecasters expect high winds to continue, California Department of Forestry and Fire Protection (Cal Fire) spokeswoman Lauren Robertson said. The Kincade Fire, along with the Tick Fire in suburban Los Angeles, are the biggest of several blazes plaguing California during its traditional wildfire …read more […]

Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds’ and successful investors’ positions as of the end of the second quarter. You can find write-ups about an individual hedge fund’s trades on numerous financial […] …read more […]

The 700+ hedge funds and famous money managers tracked by Insider Monkey have already compiled and submitted their 13F filings for the second quarter, which unveil their equity positions as of June 28. We went through these filings, fixed typos and other more significant errors and identified the changes in hedge fund portfolios. Our extensive […] …read more […]

Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Our research shows that most of the stocks that smart money likes historically generate strong risk-adjusted returns. […] …read more […]

Looking for stocks with high upside potential? Just follow the big players within the hedge fund industry. Why should you do so? Let’s take a brief look at what statistics have to say about hedge funds’ stock picking abilities to illustrate. The Standard and Poor’s 500 Index returned approximately 20% in 2019 (through September 30th). Conversely, hedge […] …read more […]

We are still in an overall bull market and many stocks that smart money investors were piling into surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Hedge funds’ top 3 stock picks returned 34.4% this year and beat the S&P […] …read more […]

Legendary investors such as Jeffrey Talpins and Seth Klarman earn enormous amounts of money for themselves and their investors by doing in-depth research on small-cap stocks that big brokerage houses don’t publish. Small cap stocks -especially when they are screened well- can generate substantial outperformance versus a boring index fund. That’s why we analyze the […] …read more […]

(Bloomberg Opinion) — LVMH is apparently looking to add a new bauble to its collection of luxury industry jewels. It might want to remember that, in jewelry as in corporate acquisitions, the patient shopper often gets a better deal.Bloomberg News reported Saturday that LVMH Moet Hennessy Louis Vuitton SE has approached Tiffany & Co. with an acquisition offer of about $14.5 billion, a deal that would add a storied jewelry business with about $4 billion in annual sales to its portfolio.This deal would make some strategic sense for LVMH. Jewelry and shoes were the fastest-growing product categories in the luxury …read more […]

Hedge funds are known to underperform the bull markets but that’s not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no one knows what the […] …read more […]

Microsoft Corp has won the U.S. Pentagon’s $10 billion cloud-computing contract, the Defense Department said on Friday, beating out favorite Amazon.com Inc. The contract, called the Joint Enterprise Defense Infrastructure Cloud, or JEDI, is part of a broad modernization of the Pentagon’s information technology systems. JULY 26, 2018: The Pentagon released the final request for proposals from competitors, seeking a single winner to allow for the most rapid adoption of the technology. …read more […]

Brazil is working to bring the Boeing 737 MAX airplane back to service “by the end of the year,” Civil Aviation Secretary Ronei Glanzmann said on Sunday. The MAX has been grounded for months after two deadly crashes, and U.S. airlines do not expect to see it return to service before 2020, according to their flight schedules. Glanzmann’s statement is the first by Brazil’s government on the Boeing issue. …read more […]