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Business News

U.S. Justice Department issues civil subpoenas to automakers in California emissions deal probe

The U.S. Justice Department has issued civil subpoenas in its antitrust investigation into four major automakers’ voluntary agreement with California to adopt compromise vehicle emissions requirements, a source briefed on the matter said on Thursday.

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Trading Ideas

Hedge Funds Are Relatively Bullish On BP Prudhoe Bay Royalty Trust (BPT)

Like everyone else, elite investors make mistakes. Some of their top consensus picks, such as Amazon, Facebook and Alibaba, have not done well in Q4 due to various reasons. Nevertheless, the data show elite investors’ consensus picks have done well on average over the long-term. The top 20 stocks among hedge funds beat the S&P […] …read more […]

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Sorrentto Therapeutics Inc (SRNE): Are Hedge Funds Right About This Stock?

Is Sorrentto Therapeutics Inc (NASDAQ:SRNE) a good investment right now? We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably, but their consensus stock picks […] …read more […]

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Hedge Funds Have Never Been More Bullish On Camtek LTD. (CAMT)

Before putting in our own effort and resources into finding a good investment, we can quickly utilize hedge fund expertise to give us a quick glimpse of whether that stock could make for a good addition to our portfolios. The odds are not exactly stacked in investors’ favor when it comes to beating the market, […] …read more […]

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Disney beats Q4 estimates, topping analysts expectations on revenue

With the summer box office, new additions to the theme parks, preparations to launch a new streaming service, and months after the 21st Century Fox acquisition, the Walt Disney company tops revenue and EPS estimates in their Q4 earnings report. Yahoo Finance’s Heidi Chung reports on The Final Round. …read more […]