Robeco Institutional Asset Management B.V. lessened its holdings in shares of SYSCO Co. (NYSE:SYY) by 1.6% in the second quarter, HoldingsChannel reports. The fund owned 1,879,793 shares of the company’s stock after selling 31,497 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in SYSCO were worth $128,367,000 at the end of the most recent quarter.
Asian markets were drifting lower in early Friday trading, with China and Hong Kong leading the way with declines around 1%. Korea and Taiwan were down about half that level, following the pullback in the fellow tech-heavy Nasdaq in the U.S. overnight.
Chinese stocks added to Thursdays weakness, extending recent underperformance in the region. The Shanghai Composite
Its no surprise that economic juggernauts China and Japan keep swapping places at the top of the list of biggest U.S. creditors. What might strike observers as odd, however, is that tiny Ireland has been lurking at No. 3 for more than a year.
The country holds more than $310 billion in U.S. government paper, according to the Treasury International Capital, or TIC, report released on Monday.....More>>>
December 4, 2017: Markets opened higher Monday but weakness in tech stocks sank the Nasdaq early. The U.S. Senate’s passage of the tax bill certainly buoyed traders’ spirits. The tech and real estate sectors were the day’s poorest performers while telecom and financials soared. WTI crude oil for January delivery settled at $57.47 a barrel, down 1.5% for the day. February gold dropped....More>>>
The global equities swoon rolled over to Asia on Friday, where markets reacted negatively to the Trump administrations trade broadside against China.
Although the import tariffs had been telegraphed for weeks, Thursdays package, covering about $60 billion in goods, sent investors running for havens. Bonds and gold prices rose and the Japanese yen hit its highest point against the U.S. dollar....More>>>
ValuEngine downgraded shares of China Yuchai International (NYSE:CYD) from a buy rating to a hold rating in a report published on Wednesday morning.
Shares of NYSE CYD traded up $0.15 during trading on Wednesday, reaching $20.50. The company had a trading volume of 43,709 shares, compared to its average volume of 80,397. China Yuchai International has a 12 month low of $16.16 and a 12 month....More>>>
China’s trash import ban is giving the global recycling industry an enormous headache. The flip side: the world has finally been forced to rethink its approach to waste.
Beijing has last year banned the imports of 24 varieties of solid waste, including types of plastic and unsorted paper. On Friday, it extended the ban to dozens more types of recyclable materials, including steel....More>>>
I read an article about Snap (NYSE:SNAP) CEO Evan Spiegel recently that was highly complimentary of the 28-year-old wunderkind. It got me thinking about Snap stock, which went over $10 on Mar 13 for the first time in six months, a hallelujah moment if there ever was one for Spiegel and the rest
Trade war stocks have varied across industries. As the China-U.S. trade war intensified, the attention fell on four sectors: semiconductors, autos, aerospace, and grains. Stocks such as Micron (NASDAQ:MU), Ford (NYSE:F), Boeing (NYSE:BA), and Archer-Daniels-Midland (NYSE:ADM) suffered as China h