Broyhill Asset Management, a boutique investment firm based in North Carolina, released its Q1 2020 Investor letter – a copy of which can be downloaded here. Established as a family office, the company invests with a long-term, objective, and rational perspective. You should check out Broyhill Asset Management’s top 5 stock picks for investors to […] …read more […]
Jonathan Root, Moody’s Investors Service Senior Vice-President, joins Yahoo Finance’s The First Trade to discuss his outlook on the airline industry and more. …read more […]
Mike Bailey, FBB Capital Partners Director of Research, joins Yahoo Finance’s The First Trade to discuss what’s moving the markets around Monday’s opening bell. …read more […]
After 3M emerged in the spotlight for its N95 masks amid the coronaries pandemic, the company’s total sales fell 20% in May. Yahoo Finance’s Emily McCormick joins The First Trade to discuss. …read more […]
Broyhill Asset Management, a boutique investment firm based in North Carolina, released its Q1 2020 Investor letter – a copy of which can be downloaded here. Established as a family office, the company invests with a long-term, objective, and rational perspective. You should check out Broyhill Asset Management’s top 5 stock picks for investors to […] …read more […]
(Bloomberg) — Hertz Global Holdings Inc. warned prospective new stock investors they’re all but certain to be wiped out as the car renter proceeds with an improbable share sale in the midst of bankruptcy proceedings.Equity holders will not see a recovery from any bankruptcy plan unless those with more senior claims, including bondholders, are paid in full, Hertz said in a prospectus Monday. That would require “a significant and rapid and currently unanticipated improvement in business conditions,” the company said.Hertz shares traded down as much as 25% shortly after the start of regular trading, though the stock is still well …read more […]
GE said last month it was planning to cut the global workforce of its aviation unit this year by as much as 25%, or up to 13,000 jobs. GE Aviation had previously issued furloughs impacting about 50% of its U.S. maintenance, repair and overhaul employees and new engine manufacturing. Slattery will assume the role of president and CEO of GE Aviation on Sept. 1, and Joyce will transition to non-executive chair of GE Aviation through December 31. …read more […]
Yahoo Finance’s Alexis Christoforous, Brian Sozzi, and Andy Serwer discuss the cost of developing a COVID-19 vaccine in such a short time, and why that money is worthwhile. …read more […]
Tesla Inc.’s (TSLA) China car registrations in May jumped 150% month on month, Reuters reported citing data from auto consultancy LMC Automotive.The U.S. electric vehicle maker’s China registrations, including imported cars, grew to 11,565 in May from 4,633 units in April.Data from the China Passenger Car Association shows sales of Tesla’s Shanghai-made Model 3 sedan hit 11,095 units in May.Still, shares in Tesla continued to fall in Monday’s pre-market trading declining another 3.4% to $903.45 after dropping 3.9% on Friday. Meanwhile, year-to-date the stock has more than doubled.Last week’s start of a downward trend was triggered by two rating downgrades …read more […]
Dr Reddy’s Laboratories Ltd. (RDY) announced that it has entered into a non-exclusive licensing agreement to manufacture and sell Gilead Sciences Inc.’s (GILD) coronavirus drug candidate remdesivir.The agreement grants Dr. Reddy’s the right to register, manufacture and sell Gilead’s investigational drug remdesivir, a potential treatment for COVID-19, in 127 countries including India. Financial terms of the agreement weren’t disclosed.As part of the pact, Gilead will provide technology transfer for the manufacturing of the potential drug. However, Dr. Reddy’s will be in charge of ramping up manufacturing and obtaining regulatory approval for the marketing of remdesivir in respective countries.Gilead’s investigational antiviral …read more […]
In this article you are going to find out whether hedge funds think ONEOK, Inc. (NYSE:OKE) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among […] …read more […]
Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds’ and successful investors’ positions as of the end of the first quarter. You can find articles about an individual hedge fund’s trades on numerous financial […] …read more […]
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