U.S. stocks were set to drop at the open on Tuesday after comments from President Donald Trump sparked fears of a delay in resolving a bruising tariff dispute with China until after the presidential election in November 2020.
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 […]
Chinese e-commerce giant Alibaba said on Tuesday it has raised an additional HK$13.17 billion ($1.68 billion) by exercising the over-allotment option in its Hong Kong secondary listing.
Finnish telecoms equipment maker Nokia said on Tuesday its board would name Sari Baldauf to succeed Risto Siilasmaa as board chairman at the next annual shareholders meeting.
If you’re interested in Echo Global Logistics, Inc. (NASDAQ:ECHO), then you might want to consider its beta (a measure… …read more […]
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is… …read more […]
Ardelyx Inc said on Tuesday its experimental drug succeeded in regulating elevated blood phosphate levels in patients with chronic kidney disease (CKD) in a late-stage study. The treatment, tenapanor, showed a greater difference in serum phosphorus levels compared to placebo, the company said. Despite treatment with phosphate binders, about 70% of CKD patients on dialysis continue to experience elevated phosphorus levels, also called hyperphosphatemia, at any point in time, the company said. …read more […]
The United States has threatened punitive duties of up to 100% on $2.4 billion in imports from France of champagne, handbags, cheese and other products, after concluding that France’s new digital services tax would harm U.S. technology companies.
France and the European Union said on Tuesday they are ready to retaliate if U.S. President Donald Trump acts on a threat to impose duties of up to 100% on imports of champagne, handbags and other French products worth $2.4 billion.
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the… …read more […]
Cleveland-Cliffs will buy AK Steel in a stock deal valued at about $1.1 billion. The companies say the tie-up will create a vertically integrated company that pairs Cleveland-Cliff’s iron ore pellet production with AK Steel’s rolled and stainless steel operations. Cleveland-Cliffs is the largest producer of iron ore pellets in North America. …read more […]
As an investor its worth striving to ensure your overall portfolio beats the market average. But the risk of stock… …read more […]
Huawei Technologies [HWT.UL] is facing a public backlash in China after details of the dismissal and wrongful detention of a former employee went viral.
Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund, has suspended stock lending for short selling, calling the practice inconsistent with its responsibilities as a long-term investor. The move, announced by the GPIF on Tuesday, is a blow for short sellers, who rely on securities lending to bet against companies and who are facing renewed moves in a number of countries to curb their activities. “The current stock lending scheme lacks transparency in terms of who is the ultimate borrower and for what purpose they are borrowing,” the GPIF said on its website. …read more […]
The European Union will act as one over planned U.S. tariffs on French goods and believes the World Trade Organization is the best way to settle such disputes, the European Commision said on Tuesday.
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