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Here is the 24th Most Popular Stock Among 752 Hedge Funds

Is Booking Holdings Inc. (NASDAQ:BKNG) a good place to invest some of your money right now? We are going to take a look at hedge fund activity surrounding BKNG as well as its peers like Bristol Myers Squibb Company (NYSE:BMY), CVS Health Corporation (NYSE:CVS), Itau Unibanco Holding SA (NYSE:ITUB), and Fidelity National Information Services Inc. (NYSE:FIS) […] …read more […]

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Hedge Funds Are Standing By Johnson & Johnson (JNJ)

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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Central Banker Who Helped Stabilize Egypt Economy Gets New Term

(Bloomberg) — Sign up to our Next Africa newsletter and follow Bloomberg Africa on TwitterEgypt’s parliament confirmed central bank Governor Tarek Amer will hold the role until 2023, a vote of confidence in the man who steered the North African nation through a dramatic currency devaluation that restored economic stability.The granting of a new four-year term, backed Thursday by a majority of lawmakers in the assembly, comes as the country reaches the end of a sweeping three-year International Monetary Fund-backed reform program and mulls the shape of any future agreement with the Washington-based institution.Amer’s reappointment will be “welcomed by investors …read more […]

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UPDATE 1-Petrobras trims 2020 production target, shares slip

Brazilian oil company Petroleo Brasileiro SA on Thursday trimmed its oil and gas production outlook for next year, weighing on its shares despite more ambitious long-term output forecasts in its new five-year strategic plan. Petrobras, as the state-run firm is known, aims to produce 2.2 million barrels of oil per day (bopd) next year, below a prior forecast of more than 2.3 million bopd provided last December. Preferred shares of Petrobras slid around 1% in early trading on the Sao Paulo stock exchange. …read more […]

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Aurora Opens Flagship Store in North America’s Largest Mall

Aurora Cannabis (NYSE: ACB) (TSX: ACB) opened its flagship retail store in the West Edmonton Mall, the largest mall in North America. The roughly 11,000-sq.-ft. Aurora’s flagship store will offer different products and events. The retail cannabis store will offer “a safe, age-gated retail experience in full compliance with all relevant federal and provincial regulations,” according to a […]The post Aurora Opens Flagship Store in North America’s Largest Mall appeared first on Market Exclusive. …read more […]

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UPDATE 1-Axel Springer unit, others say Google still playing unfairly, want EU to act

Axel Springer’s price-comparison shopping service Idealo and 40 other European peers have accused Alphabet Inc’s Google of tilting the playing field in its favour and urged EU antitrust regulators to enforce a ruling against the company. The joint call by the group ratchets up pressure on European Competition Commissioner Margrethe Vestager to take further action against Google, the world’s most popular internet search engine, two years after she ordered it to stop favouring its own price comparison shopping service (CSS). The companies, the largest group to take a stand against Google to date, in a joint letter to …read more […]