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Teradyne: 3Q Earnings Snapshot

NORTH READING, Mass. (AP) _ Teradyne Inc. (TER) on Tuesday reported third-quarter net income of $135.9 million. On a per-share basis, the North Reading, Massachusetts-based company said it had net income of 75 cents. The results beat Wall Street expectations. …read more […]

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Hedge Funds Have Never Been This Bullish On Aqua America Inc (WTR)

Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […] …read more […]

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U.S. Defense chief won't review $10 bln cloud computing deal due to conflict of interest

U.S. Defense Secretary Mark Esper has removed himself from reviewing a disputed $10 billion cloud computing contract because of a possible conflict of interest, the Pentagon said on Tuesday. “Although not legally required to, he (Esper) has removed himself from participating in any decision making… due to his adult son’s employment with one of the original contract applicants,” Chief Pentagon Spokesperson Jonathan Rath Hoffman said in a statement. The JEDI contract is part of a broad modernization of the Pentagon’s information technology systems and has been mired in controversy. …read more […]

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You’ve Beaten the Market – What Next?

I have a problem with my portfolio. I made too much money too quickly this year. It sounds like a nice problem to have – but hear me out…
There have been many years when I wish I had had this thorn in my side. In my 35 years in the markets, I have not always been so lucky. No one is.
Here’s how my problem developed…
About 10 years ago, I started shifting gears in a big way from the gunslinger and speculator philosophy of falling in love with great stock ideas to something more befitting my age.
If the truth be known, …read more […]

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UPDATE 1-Texas forecasts current-quarter revenue below estimates, shares fall 9%

Texas Instruments Inc forecast current-quarter revenue well below estimates on Tuesday, the latest sign that the global microchip industry is being squeezed by a downturn in demand as well as a prolonged U.S.-China trade dispute. Shares of the company, one of the first chipmakers to report earnings for the quarter, fell nearly 9% in extended trading as its third-quarter revenue also fell short of estimates. Texas, whose broad lineup of products makes it a proxy for the global chip industry, said revenue declined as most markets weakened further. …read more […]

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Hedge Funds Are Crazy About Kohl’s Corporation (KSS)

Legendary investors such as Jeffrey Talpins and Seth Klarman earn enormous amounts of money for themselves and their investors by doing in-depth research on small-cap stocks that big brokerage houses don’t publish. Small cap stocks -especially when they are screened well- can generate substantial outperformance versus a boring index fund. That’s why we analyze the […] …read more […]

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Snap beats revenue estimates as it adds more users

Snap Inc beat analysts’ quarterly estimates for revenue on Tuesday as it added more users to its photo messaging app Snapchat, helped by new features such as games within the app. Soon after it was launched in 2011, Snap became an instant hit with younger users because of its quirky visual effects that allows them to change their gender in photos or add a dog filter on their face. Spiegel said now that the new Android app has been rolled out, the company is working to create a better user experience in its international markets, helping to contribute …read more […]

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Dental Board of California Creates Unique Stock Play in SmileDirectClub

If you’ve ever had braces or a retainer…
Or if you’ve ever paid for braces or a retainer for your kids…
Then you know the immense cost – and the immense pain in the rear – the entire process entails.
That’s what SmileDirectClub (Nasdaq: SDC) is looking to exploit.
Using a unique methodology that it calls “teledentistry,” SmileDirectClub sales grew 190% last year.
And yet the stock went public at $23 – and currently trades for $9.38.
How does 190% in sales growth equate to a 60% share price loss?
The story is quite fascinating – and could lead to an opportunity.
That’s why I’m bringing it to …read more […]

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Intel files antitrust case against SoftBank-backed firm over patent practices

The complaint filed late Monday in the U.S. District Court for the Northern District of California in San Jose alleged that Fortress Investment Group, which SoftBank bought in 2017 for $3.3 billion, acquired control of more than 1,000 U.S. technology patents. Intel said that Fortress and other companies it owns or controls filed lawsuits against the Santa Clara chipmaker claiming that nearly every Intel processor made since 2011 infringed patents the companies had obtained control of from NXP Semiconductors . …read more […]

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Software Stocks in Free Fall With ServiceNow Results on Deck

(Bloomberg) — An ugly two months for software stocks is getting worse, and bullish investors are looking to earnings reports this week from ServiceNow Inc. and Microsoft Corp. to stem the tide.Zoom Video Communications Inc. and ServiceNow fell more than 5% on Tuesday, each extending losing streaks to a fifth consecutive day. The group has been under renewed pressure since last week, despite an earnings report from Atlassian Corp. that was praised by analysts. ServiceNow reports Wednesday afternoon, followed by Microsoft Corp. on Thursday.“We all know there’s some frothiness in some of these specialty software as a service companies,” said …read more […]