New York, NY, based Investment company Summit Rock Advisors, LLC buys iShares Core MSCI Emerging Markets, iShares iBoxx $ High Yield Corporate Bond, sells iShares MSCI ACWI Index Fund during the 3-months ended 2017-06-30, according to the most recent filings of the investment company, Summit Rock Advisors, LLC. As of 2017-06-30, Summit Rock Advisors, LLC owns 2 stocks with a total value of $34 million.....More>>>
Westport, CT, based Investment company Westport Asset Management Inc buys IPG Photonics, Darden Restaurants, Synopsys, Time Warner, Anadarko Petroleum, EOG Resources, CVS Health, General Electric Co, Ross Stores, Check Point Software Technologies, sells Universal Health Services, TJX, National Western Life Group, Rogers, MGIC Investment during the 3-months ended 2016-12-31, according to the most....More>>>
Shares of Biogen (BIIB) were halted earlier today after the Wall Street Journal reported that Merck (MRK) and Allergan (AGN) are interested in buying the biotech giant. The Journal’s Dana Mattioli, Jonathan Rockoff, and Dana Cimilluca report:
Bloomberg News/Scott Eisen
Biotechnology giant Biogen Inc. has drawn takeover interest from drug companies including Merck &....More>>>
Its a snoozefest.
The S&P 500 is stuck in its narrowest range in nearly half a century and trading volume is plumbing multi-month lows. But by September, investors may be pining for the dog days of summer, with data suggesting that it is historically the worst month for stocks.
Since 1928, the S&P 500 has dropped in September 56% of the time, according to Bank of America Merrill....More>>>
Ford (NYSE:F) is known for its attractive valuation, it currently trades at around 7 times its 2017 projected earnings and has an attractive dividend yield of 5.36 percent. It also has a very low price-to-earnings ratio (P/E) compared to most other companies on the S&P 500. The stock trades at around $11 during the time I am writing this. However, after digging a little deeper, I have found....More>>>
Stocks traded higher today day in a week that is known for producing pretty solid returns.
The S&P 500 rose 0.2% to 2,268.88 today, while the Dow Jones Industrial Average advanced11.23 points, or 0.1%, to 19,945.04. The Nasdaq Composite gained 0.5% to 5,487.44.
Rhino Trading’s Michael Block argues that what’s working will continue working....More>>>
When casino gambling is legalized in Japan, we’re going to see an all-out spending war among resort operators because it could become the world’s most lucrative market. And because of the potential Japan offers casino operators, the feeding frenzy they promise could also make it the most expensive gambling market in the world.
How much is too much?
The big casinos certainly....More>>>
Last week, small Cap junior mining exploration stockTaranis Resources (OTCQB: TNREF; CVE: TRO.V) gavea Thor Project activity update:
Permitting. Taranis Resources currently has five active permits on the Thor project, including two new Notice of Work applications that are in process with the Ministry of Energy and Mines. The first pending permit will include new road construction in steep....More>>>
The internet is abuzz with IPO fever on the news that Snapchat might make its public debut in March for $25 billion. But can it justify its valuation?
Investors should be wary. The history of tech IPOs is filled with successes but also failures.
If you had invested in Facebook’s IPO in May 2012 for about $38 you would have watched it hit $19 by August. Investors who could stomach....More>>>
Those seeking a do-it-yourself approach to duration matching with bond funds may underestimate the difficulty of the task.
Duration-matching is not straightforward when shares of the bond fund must be sold to meet ongoing retirement expenses. If rates have risen, shares of the bond fund may need to be sold at a loss, with more shares sold to meet a given spending objective.