Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before last year’s Q4 market crash that the stock market is overvalued due to a low interest rate environment that leads to companies swapping their equity for debt and focusing mostly on short-term performance such as beating the quarterly earnings estimates. In the […] …read more […]
Britain’s Royal Mail on Thursday confirmed that its biggest union lost an appeal to overturn a High Court injunction to stop a strike ahead of a general election and the holiday season next month.
After several tireless days we have finished crunching the numbers from nearly 750 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms’ equity portfolios as of September 30th. The results of that effort will be put on display in this article, as […] …read more […]
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […] …read more […]
U.S. apparel and footwear conglomerate VF Corporation and buyout funds Permira and Advent are lining up indicative offers for Italian shoe brand Golden Goose ahead of a mid December deadline, sources familiar with the matter told Reuters.
Russell 2000 ETF (IWM) lagged the larger S&P 500 ETF (SPY) by more than 10 percentage points since the end of the third quarter of 2018 as investors first worried over the possible ramifications of rising interest rates and the escalation of the trade war with China. The hedge funds and institutional investors we track […] …read more […]
Morgan Stanley has fired or placed on leave at least four traders over alleged mismarking of securities that concealed losses of between $100 million and $140 million, Bloomberg reported on Thursday citing people familiar with the matter.
Britain’s Royal Mail on Thursday confirmed that its biggest union lost an appeal to overturn a High Court injunction to stop a strike ahead of a general election and holiday season next month.
Q3 2019 freenet AG Earnings Call …read more […]
According to outage monitoring website DownDetector, about 8,000 Facebook users were affected in various parts of the world including the United States and Britain. Several users reported issues like not being able to post pictures and videos on their main feeds and an error message saying “Facebook Will Be Back Soon” appeared on log in attempts. …read more […]
Vinted, an online marketplace for second-hand clothes, has surfed a sustainable fashion wave to become Lithuania’s first technology startup to reach “unicorn” status with a valuation of over $1 billion.
(Bloomberg) — OPEC and its allies sent more signals that they’ll stick with existing output cuts at their meeting next week.A key advisory committee in Vienna heard that the oil market will be balanced in 2020 if the Organization of Petroleum Exporting Countries maintains current production levels, and it didn’t discuss deeper cuts, according to delegates. In Moscow, industry executives who met with Energy Minister Alexander Novak gave no indication they want to change their supply agreement with the cartel.That still leaves OPEC and its allies including Russia and Kazakhstan, collectively known as OPEC+, facing some difficult choices when they …read more […]
Q4 2019 Bank of Nova Scotia Earnings Call …read more […]
Up to five companies active in the cannabis industry could go public in 2020 in Europe, a continent whose stock markets have largely missed out on the North-American “pot stocks” frenzy, a leading industry analyst said on Thursday.
European investors managing assets worth more than 1 trillion pounds ($1.28 trillion) are pressing top auditors to take urgent action on climate-related risks, warning that failure to do so could do more damage than the financial crisis.
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