Trading Ideas
Papa John's founder John Schnatter's wife files for divorce
M. Annette Cox, the estranged wife of Papa John’s founder John Schnatter, says their marriage is broken. Indications are they reached financial terms. …read more […]
Month: December 2019
Trading Ideas
Hedge Funds Are Dumping Warrior Met Coal, Inc. (HCC)
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 […]
Trading Ideas
Hedge Funds Snapped Up ACADIA Pharmaceuticals Inc. (ACAD) Before The Q4 Rally
The market has been volatile in the last few months as the Federal Reserve finalized its rate cuts and uncertainty looms over trade negotiations with China. Small cap stocks have been hit hard as a result, as the Russell 2000 ETF (IWM) has underperformed the larger S&P 500 ETF (SPY) by more than 10 percentage […] …read more […]
Trading Ideas
Prudential Financial Inc (PRU): Are Hedge Funds Right About This Stock?
The Insider Monkey team has completed processing the quarterly 13F filings for the September 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 […]
Trading Ideas
Hedge Funds Cashed Out Of Amicus Therapeutics, Inc. (FOLD) Too Early
Amid an overall bull market, many stocks that smart money investors were collectively bullish on 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. Our research shows that most of the stocks that smart money likes historically generate strong […] …read more […]
Business News
Labor group accuses Google of illegally firing workers to stifle unionism
The Communications Workers of America union filed a federal labor charge against Alphabet Inc’s Google on Thursday, accusing the company of unlawfully firing four employees to deter workers from engaging in union activities.
Business News
JPMorgan banker says he spent a year meeting regulator in Australian cartel case
A senior JPMorgan Chase & Co banker spent over a year in meetings with the Australian antitrust regulator before signing a statement that would be used to bring criminal cartel charges against two rival banks and their executives, a court heard on Friday.
Business News
Chinese defy Hong Kong’s protest gloom in hunt for bargain stocks
Chinese investors more than doubled their Hong Kong stocks purchases this year, braving market headwinds from violent street protests and the protracted Sino-U.S. trade war, which have battered the Asian financial hub’s economy.
Business News
Asian shares gain as Trump fuels trade deal optimism, oil firm on OPEC+ output cut
Asian stocks gained on Friday as investors took heart from U.S. President Donald Trump saying trade talks with China were “moving right along”, and U.S. oil prices sat near 2-1/2-month highs after OPEC and other producers agreed to cut output.
Business News
Labor group accuses Google of sacking workers to deter unionism
The Communications Workers of America union filed a federal labor charge against Alphabet Inc’s Google on Thursday, accusing the company of unlawfully firing four employees to deter workers from engaging in union activities.
Trading Ideas
Is Now An Opportune Moment To Examine Colour Life Services Group Co., Limited (HKG:1778)?
Colour Life Services Group Co., Limited (HKG:1778), which is in the real estate business, and is based in China, saw a… …read more […]
Trading Ideas
Six Oil Stocks To Survive The Shale Bust
The U.S. shale patch is showing serious signs of financial distress, but a few companies continue to drill profitably for oil & gas in America’s most prolific shale basins …read more […]
Trading Ideas
RPT-Tankers running on fumes as shipping fuel switch causes delays
LONDON/SINGAPORE, Dec 5 (Reuters) – Disruption to shipping from the long-anticipated switch to more environmentally friendly marine fuels has finally arrived, exacerbated by logistical problems as much as any shortage of the cleaner fuel. New International Maritime Organization (IMO) rules, referred to as IMO 2020, aim to stop ships from using fuels containing more than 0.5% sulphur unless they are equipped with exhaust-cleaning systems known as scrubbers. From the start of January ships must load very low sulphur fuel oil (VLSFO) or more expensive marine diesel unless they have scrubbers for the old high-sulphur fuel oil (HSFO). …read more […]
Business News
Uber says it received over 3,000 reports of sexual assault in U.S. in 2018
Ride-hailing firm Uber Technologies Inc on Thursday said it had received more than 3,000 reports of sexual assault, including rape, related to its trips in the United States in 2018, at a time when it operated roughly 1.3 billion rides.
Trading Ideas
UPDATE 1-FDA probes diabetes drug metformin for carcinogen NDMA
The U.S. Food and Drug Administration is investigating whether the diabetes drug metformin had unsafe levels of a cancer-causing chemical and will recommend recalls as appropriate, the agency said on Thursday. The move is part of the agency’s broader push to investigate a range of drugs for the presence of the carcinogen, known as N-nitrosodimethylamine (NDMA), with popular heartburn medication Zantac being recalled this year for fear it contained NDMA. Metformin is a first-line medication for the treatment of type 2 diabetes. …read more […]