Investment company Carl Icahn buys Welbilt Inc, sells Federal-Mogul Holdings Corp, Nuance Communications Inc, Allergan PLC during the 3-months ended 2017-03-31, according to the most recent filings of the investment company, Icahn Capital Management LP. As of 2017-03-31, Icahn Capital Management LP owns 16 stocks with a total value of $19.9 billion. These are the details of the buys and sells.
All main U.S. stock indexes closed higher on Tuesday, with the Dow finishing at its 47th record for 2017, as optimism appeared to grow ahead of the start of the earnings season, which will provide concrete insight into the state of U.S. corporations.
Investment professionals like to joke that the so-called carry trade is akin to picking up pennies in front of a steamrollera reference to how leverage can quickly and dramatically magnify losses, transforming even a mild selloff into a painful loss.
For those unacquainted with investing jargon, the carry trade is a popular strategy that involves borrowing in a currency with low interest....More>>>
Two of our favorite U.S. heavyweights – The Boeing Co. (NYSE: BA) and Ford Motor Co. (NYSE: F) – are pushing forward with plans to put factories in China, positioning themselves to be winners in the part of the world where we’ll see the most growth in the decade to come.
A December interest rate hike is on the table and investors have been frantically reallocating their portfolios in anticipation of the announcement. The probability of an interest rate hike at the December 14th FOMC meeting, according to action in the futures market, is currently implied at 95.4%. The image below shows the latest probabilities from CME Group’s Fed Watch Tool
JPMorgan Chase CEO Jamie Dimon is sticking with President Trump.
Presiding at the U.S. banking giant’s annual shareholder meeting Tuesday, Dimon got an earful from investors who criticized JPMorgan’s support of the new White House administration and asked whether he would step down from Trump’s business advisory council.
Hostess Brands (NASDAQ:TWNK), which we first wrote about as a Top Idea on August 15th, performed strongly in 2016. We are equally sanguine about the company’s prospects for 2017, and believe the stock can return 30%+ over the next 12 months, with potentially significant upside if the company makes accretive acquisitions or exceeds....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.
Related EWJ Japanese Markets Rise; Nikkei Up Over 1% Japanese Markets Gain; Earthquake Hits Japan Corrective Forces Emerge, But Underlying Trend Is Evident (Seeking Alpha) Related EPP Japanese Markets Rise; Nikkei Up Over 1% Japanese Markets Gain; Earthquake Hits Japan ....More>>>
In Lahore and Karachi, American flags were burned in front of TV cameras after President Trump’s decision on Jan. 4 to withhold $2 billion of security aid from Pakistan to punish it for allegedly harboring terrorists. The country’s government issued angry statements claiming no ins
Cryptocurrencies like Bitcoin, Ethereum, and Litecoin are captivating investors and even non-investors the world over right now. New cryptocurrency wallet accounts have seen a significant increase over the last 3 years. But even with this being the case, one of the biggest barriers to entry has
It's been ten years since the start of the Great Recession.
That's an arbitrary anniversary, sure. But downturns need beginnings, and the National Bureau of Economic Research decided this one happened in December 2007, when employment peaked and started to head south -- for two long years.
Every business has two very important sets of numbers - income and expenses. That is really the simplest way to look at any business. As long as income exceeds expenses the company is profitable. Tesla (TSLA) just does not seem to care or understand this important metric.