AO Asset Management LP reduced its stake in shares of Lumentum Holdings (NASDAQ:LITE) by 43.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 131,800 shares of the technology company’s stock after selling 102,100 shares during the period. AO Asset Management LP owned about 0.21%....More>>>
Amazon, Apple, Ford and Goldman Sachs are among America’s largest employers and most iconic brands. They have something else in common: They’ve all been attacked by the CEO president.
President Donald Trump styles himself a business-friendly leader. But just this month his administration imposed tariffs on steel, aluminum and Chinese goods. It went to trial to block a vertical....More>>>
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A Chicago-based advisor has been awarded $417,000 by a regulatory panel, which ruled that Southwest Securities wrongfully fired and defamed her.
Arbitrators with the Financial Industry Regulatory Authority say that....More>>>
Family and friends lend out about $89 billion in cash each year. More than a third of that total is used to help finance a new business while 6% of first-time home buyers get help from (usually) their parents. About a quarter of those loans were never paid back at all and more than 40% were only paid back partially.
The moral here is not to lend more than you can afford to lose. Sort of like....More>>>
Photographer: Billy H.C. Kwok/Bloomberg
China considers the South China Sea its own sea. All of it, including the artificial islands Beijing has been building in disputed waters and the riches that are hidden below the vast sea area. And it is prepared to use its old and new naval powers to make sure that no other country is reaching for these riches without its permission.
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A former Greenberg Traurig shareholder’s star in the U.S. Department of Health and Human Services continues to rise.
President Donald Trump announced yesterday that Eric Hargan will serve as HHS acting secretary, less than a week....More>>>
With Social Security funding issues around the corner, uncertain market conditions, long-term low interest rates and skyrocketing medical costs, American retirees are facing a laundry list of retirement challenges. The only certainty is that retirement is going to be dramatically different than the retirement previous generations encountered. In order to retire with financial security and dignity,....More>>>
B&G Foods Inc. (NYSE: BGS) madewaves late on Friday after the company announced its most recent acquisition. B&G has now acquired Victoria Fine Foods from Huron Capital Partners and other sellers for roughly $70 million in cash.
The company projects that after it fully integrates the Victoria brand, the brand will generate on an annualized basis net sales of approximately $41.0 million....More>>>
Apple stock could rise to $135 in 2017, driven by earnings growth as well as multiple expansion.
Shares of Cupertino, California-basedApple (NSDQ:AAPL) have been in a sort of year-end rally. After having traded in-line with the major stock market indices for the most part of 2016, the stock seems to have broken out with some momentum in the last month of the year. AAPL stock is up 4.6%....More>>>
I will get right to it. After describing the reasons behind its meteoric rise and the discussing why this name was one of my top blue chip top picks for 2017, it comes down to performance. Just this morning Bank of America (NYSE:BAC), as well as other large banks, are out with key earnings reports. This matters for the 2017 call and it matters for the share price which has skyrocketed in the last....More>>>