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Supreme Court asks Enforcement Directorate to seize local assets of JPMorgan – report

The Supreme Court on Monday directed the government’s crime fighting agency to seize local assets of JPMorgan in relation to some transactions the bank engaged in with a local real estate company in 2010, according to a Press Trust of India report in Business Standard. JPMorgan declined to comment on the news. India’s Enforcement Directorate (ED) did not immediately respond to a Reuters email requesting comment. …read more […]

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Business News

India’s Supreme Court asks crime fighting agency to seize local assets of JPMorgan: report

India’s Supreme Court on Monday directed the government’s crime fighting agency to seize local assets of JPMorgan in relation to some transactions the bank engaged in with a local real estate company in 2010, according to a Press Trust of India report in Business Standard.

…read more […]

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2019 Review: Top Hedge Fund Stocks vs. Nucor Corporation (NUE)

Many investors, including Paul Tudor Jones or Stan Druckenmiller, have been saying before 2018’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 first […] …read more […]

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Hedge Fund Favorites vs. Kennametal Inc. (KMT) In 2019

We are still in an overall bull market and many stocks that smart money investors were piling into surged in 2019. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained more than 57% each. Hedge funds’ top 3 stock picks returned 45.7% last year and beat the S&P 500 […] …read more […]