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Hedge Funds Are Still Bearish On EQT Midstream Partners LP (EQM)

Investing in hedge funds can bring large profits, but it’s not for everybody, since hedge funds are available only for high-net-worth individuals. They generate significant returns for investors to justify their large fees and they allocate a lot of time and employ complex research processes to determine the best stocks to invest in. A particularly […] …read more […]

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Kraft Heinz sees potential in baby food, will keep Plasmon

Global packaged food group Kraft Heinz Co will keep baby food line Plasmon and plans to leverage its ‘Made in Italy’ credentials to expand the brand abroad, Kraft Heinz Co’s general manager for Italy said. Earlier this year, the maker of Heinz ketchup explored the possibility of selling Italy-based Plasmon and other labels, as it grappled with write-downs for some of its brands and an investigation into its accounting policies. A review has brought a change in strategy for Kraft Heinz Italia’s $210-million-revenue baby food business, which comprises Plasmon and smaller labels Nipiol, Cuore di Natura and Dieterba. …read more […]

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UPDATE 2-Freeport posts loss on lower copper output, prices

Freeport McMoRan Inc reported a third-quarter loss on Wednesday as lower copper production at its Peruvian and Indonesian mines and a drop in prices due to lower demand from China weighed on the miner. The company has been shifting to underground mining from open cast at its giant Grasberg mine in Indonesia and had previously warned that production would take a hit. The average price Freeport received for copper fell 6.4% to $2.62 per pound in the third quarter, while production fell 14%. …read more […]

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Google claims 'quantum supremacy'; others say hold on a qubit

Google said on Wednesday it had achieved a breakthrough in computer research, by solving a complex problem in minutes with a so-called quantum computer that would take today’s most powerful supercomputer thousands of years to crack. Official confirmation of the breakthrough in quantum computing came in a paper https://www.nature.com/articles/s41586-019-1666-5#Sec4 published in science journal Nature, after weeks of controversy following the leak of a draft, over whether Google’s claim of “quantum supremacy” was valid. …read more […]

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Hedge Funds Have Never Been More Bullish On Anaplan, Inc. (PLAN)

While the market driven by short-term sentiment influenced by the accomodative interest rate environment in the US, increasing oil prices and deteriorating expectations towards the resolution of the trade war with China, many smart money investors kept their cautious approach regarding the current bull run in the second quarter and hedging or reducing many of […] …read more […]

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Manure, trash and wastewater: US utilities get dirty in climate fight

Joey Airoso has always been proud of his cows, whose milk goes into the butter sold by national dairy company Land O’Lakes. Now he has something new to brag about: the vast amounts of gas produced by his 2,900-head herd is powering truck fleets, homes and factories across the state of California. Airoso is tapping into a growing market among U.S. utilities for so-called renewable natural gas, or biomethane, that is being driven by the fight against climate change. …read more […]