Profund Advisors LLC lifted its stake in shares of NetApp Inc. (NASDAQ:NTAP) by 14.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,660 shares of the data storage provider’s stock after purchasing
Millions of seniors rely on Medicare to provide health coverage in retirement. But more than half of Gen Xers today aren't confident that Medicare will do the trick once they become eligible, according to new data from Ameriprise Financial. Consequently, many workers who are midway through their
Return-hungry investors are always on thelookout for stocks that can offer value and at the same time promise future growth which remains elusive in most of the companies that have rallied in the past year.
To answer this, Edelweiss Securities in its second edition of Capital Conundrum series, handpicked 20 stocks based on incremental return on capital employed (I-RoCE) framework, which....More>>>
Melrose Industries Plc made a hostile 7.4-billion-pound ($10.2 billion) bid for GKN Plc, taking its offer directly to shareholders of the U.K. maker of aerospace and automotive components after it spurned an unsolicited approach.
The offer values GKN at 430.1 pence a share in cash and stock, Birmingham, England-based Melrose said in a statement Wednesday. GKN last week rejected an initial....More>>>
Small cap generic pharmaceutical stock Lannett Company, Inc (NYSE: LCI) is thesecond most shorted stock on the NYSE with short interest of 55.65% according toHighshortinterest.com. Lannett Company was founded in 1942 anddevelops, manufactures, packages, markets and distributes generic pharmaceutical products for a wide range of medical indications and therapeutic areas. The Company believes its....More>>>
Sometimes I discuss stocks which sit out of my comfort zone, simply because they have a few characteristics which could be of interest to any kind of investor but don’t necessarily fit my portfolio. For example a blue chip stock which has features of positive capital gains combined with interesting dividend. In this case I am talking about Accenture (NYSE:ACN). A little bit more than a year....More>>>
Advertisers spent just 6% more on Twitter (NYSE:TWTR) ads last quarter than they did in the same period a year ago, a decrease from the 18% year-over-year jump seen in the previous quarter. Meanwhile, Facebook (NASDAQ:FB) has seen its ad revenue growth accelerate. Ad revenue increased 59% year over year last quarter, up from 45% growth in the third quarter last year.
I recently bought shares of seven different companies. One of those companies was AbbVie (NYSE:ABBV). I had different reasons for buying each of the stocks. Some were in sectors in which I didn’t already have much exposure in my portfolio. That wasn’t the case with AbbVie, though. I already owned quite a few healthcare stocks and exchange-traded funds (ETFs).
Indians increase purchases of refrigerators and TV sets around election time as the government puts more money in the hands of voters, which stands to benefit some of the world’s most profitable consumer finance companies.
Prime Minister Narendra Modi is following his predecessor in
Gabelli Funds LLC increased its holdings in shares of Meredith Co. (NYSE:MDP) by 1.0% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 211,200 shares of the company’s stock after buying an additional 2,000