The U.S. Federal Reserve holds its last policy meeting of 2019 on Wednesday, having completed a year-long U-turn that saw it abandon a tightening cycle and lower borrowing costs three times in response to the global trade war.
Plexus Corp. (NASDAQ:PLXS), which is in the electronic business, and is based in United States, saw a significant… …read more […]
Could Plantronics, Inc. (NYSE:PLT) be an attractive dividend share to own for the long haul? Investors are often drawn… …read more […]
Is NICE Ltd. (NASDAQ:NICE) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after adjusting […] …read more […]
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing more than 750 13F filings submitted by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of September […] …read more […]
The S&P 500 and the Nasdaq indexes opened slightly higher on Wednesday, with investors waiting for the Federal Reserve’s decision on monetary policy, while losses in Boeing and Home pressured the Dow Jones index. The S&P 500 were up 3.23 points, or 0.10%, at 3,135.75. The Nasdaq Composite gained 14.94 points, or 0.17%, to 8,631.12 at the opening bell.
(Bloomberg) — Home Depot Inc. shares fell as much as 2.5% Wednesday as the retailer’s sales and operating margin guidance for next year disappointed Wall Street. The forecasts were provided ahead of the its 2019 Investor and Analyst Conference, which began at 9 a.m.Analysts weren’t completely surprised by the guide down, following Home Depot’s weaker-than-expected third-quarter report Nov. 19, which included cuts to its current year comparable sales and net sales forecasts. Sentiment was low in the stock since then, with shares down 9.6% through Tuesday’s close. The slightly lower views will result in earnings-per share reductions for the year …read more […]
U.S. consumer prices increased solidly in November, which together with labor market strength could support the Federal Reserve’s intention not to cut interest rates again in the near term after reducing borrowing costs three times this year.
Today we’ll look at Tailored Brands, Inc. (NYSE:TLRD) and reflect on its potential as an investment. In particular… …read more […]
Dividend paying stocks like The Southern Company (NYSE:SO) tend to be popular with investors, and for good reason… …read more […]
The S&P 500 and Nasdaq indexes were set to open slightly higher on Wednesday, with investors awaiting the Federal Reserve’s decision on monetary policy, while losses in Home Depot looked set to pressure the Dow Jones index.
The S&P 500 and Nasdaq indexes were set to open slightly higher on Wednesday, with investors awaiting the Federal Reserve’s decision on monetary policy, while losses in Home Depot looked set to pressure the Dow Jones index. The Fed is widely expected to keep interest rates steady in its last policy statement, due at 2:00 p.m. ET (1900 GMT). …read more […]
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds’ top 3 stock picks returned 41.7% this year and beat […] …read more […]
Saudi Aramco shares surged the maximum permitted 10% above their IPO price on their Riyadh stock market debut on Wednesday, in a move hailed by the government as a vindication of its towering $2 trillion valuation of the state oil company.
U.S. investment bank Goldman Sachs has appointed Jonathan Penkin as head of its Johannesburg office, the bank’s base for sub-Saharan Africa where the current chief executive is retiring at the end of the year.
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