Trading Ideas
Disney earnings — What to know in markets Thursday
Media powerhouse Disney will take centerstage Thursday when it reports fiscal-fourth results. …read more […]
Year: 2019
Trading Ideas
Is Timkensteel Corporation (TMST) A Good Stock To Buy?
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. We have processed the filings of the more than 700 world-class investment firms that we track and now have access to the collective wisdom contained in […] …read more […]
Trading Ideas
Were Hedge Funds Right About Dumping HighPoint Resources Corporation (HPR)?
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Our research shows that most of the stocks that smart money likes historically generate strong risk-adjusted returns. […] …read more […]
Trading Ideas
Hedge Funds Have Never Been Less Bullish On J.C. Penney Company, Inc. (JCP)
Amid an overall bull market, many stocks that smart money investors were collectively bullish on surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Our research shows that most of the stocks that smart money likes historically generate strong risk-adjusted returns. […] …read more […]
Business News
U.S. DoJ demands Ford Focus, Fiesta documents: Detroit Free Press
The U.S. Department of Justice has demanded documents related to the transmission used in about 2 million of Ford Motor Co’s Fiesta and Focus vehicles sold throughout this decade, the Detroit Free Press reported on Wednesday.
Business News
Judge shields OxyContin-maker Purdue from litigation until April
Purdue Pharma LP and the company’s Sackler family owners will be shielded until April 8, 2020, from sprawling opioid litigation to give the maker of OxyContin time to try to reach a legal settlement the company says is worth $10 billion.
Business News
Italian PM says ArcelorMittal wants mass layoffs; government rejects demand
Steel giant ArcelorMittal wants to cut 5,000 jobs in Italy because of low production levels at its Taranto plant, Italian Prime Minister Giuseppe Conte said on Wednesday, denouncing the plan as “unacceptable”.
Business News
Roku beats revenue and profit estimates
U.S. video streaming service Roku Inc beat expectations for third quarter revenue, earnings per share and adjusted EBITDA on Wednesday, benefiting from a widespread trend toward cord-cutting.
Business News
Qualcomm’s licensing forecast, helped by Apple deal, drives share gains
Qualcomm Inc shares rose more than 5% on Wednesday after it forecast current-quarter profit above Wall Street expectations, as its all-important licensing segment benefits from a deal with Apple Inc .
Business News
Acting UAW head to examine ‘every inch’ of union in scandal’s wake
The acting head of the United Auto Workers (UAW) said on Wednesday that he will examine every department of the union in response to a spreading federal corruption probe that has damaged the union’s standing during contract talks with Detroit’s automakers.
Trading Ideas
UPDATE 1-Albemarle plans $100 mln cost cuts to counter low prices
Albemarle Corp said on Wednesday it had started a cost control program targeting over $100 million in savings over the next two years, as the world’s largest lithium producer grapples with a fall in prices on near-term oversupply concerns. Albemarle did not provide any further details on the program on Wednesday. Albemarle reported an adjusted profit of $1.53 per share for the third quarter, in line with its preliminary estimates last month when it had also cut profit and sales forecast for the year. …read more […]
Trading Ideas
Hedge Funds Have Never Been This Bullish On West Bancorporation, Inc. (WTBA)
Our extensive research has shown that imitating the smart money can generate significant returns for retail investors, which is why we track nearly 750 active prominent money managers and analyze their quarterly 13F filings. The stocks that are heavily bought by hedge funds historically outperformed the market, though there is no shortage of high profile […] …read more […]
Business News
GoDaddy reports 12% rise in quarterly revenue, shares up 8%
GoDaddy Inc reported a 12% rise in third-quarter revenue as the web hosting company earned more from each user, sending its shares up 8% in extended trading.
Trading Ideas
Square beats estimates in Q3 earnings
Yahoo Finance’s Heidi Chung reports on Square’s Q3 earnings to Jen Rodgers, Myles Udland, and Andy Serwer. …read more […]
Business News
Wall St. ends near flat; healthcare shares gain but trade deal delay weighs
U.S. stocks ended little changed on Wednesday as a report the U.S.-China trade deal could be delayed until December was offset by gains in healthcare shares.