Every night in 1995, I would deposit money overnight in a different currency… Sounds strange, I realize. But back then, as the vice president of a global mutual fund, one of my jobs was to execute our fund's trades. Once our U.S. trading day was done, we wanted our money to work for us overnight as well. We might put our money into French francs, German marks, or somewhere....More>>>
Hodges Capital Management Inc. lowered its stake in shares of WPX Energy (NYSE:WPX) by 1.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,047,818 shares of the oil and gas producer’s stock after selling 17,025 shares during the period. WPX Energy accounts for about 1.2% of Hodges Capital....More>>>
The refining and marketing industry looks strong through 2020, according to Morgan Stanley. The firm upgraded the sector and named a new top pick.
Morgan Stanley’s Benny Wong upgraded his R&M industry view from In-Line to Attractive.
Won upgraded Valero Energy Corporation (NYSE: VLO) from Equal-Weight to Overweight and raised the price target from $110....More>>>
More than one million people have signed an online petition calling for Snapchat to scrap its new redesign.
But Snapchat’s top exec sounds unfazed.
Evan Spiegel, the CEO of Snapchat (SNAP)’s parent company, said Thursday that some user complaints about a major redesign actually “validate those changes.”
“One of the complaints we got is, ‘Wow,....More>>>
Carl Icahn’s refinery investment stumbled last year as the activist investor’s push to overhaul U.S. energy policy stalled. However, that investment has now rebounded to the tune of more than $1 billion.
While Icahn’s unsuccessful bid to change federal refinery rules indirectly dented the investment last year, the turnaround has been helped by the Trump administration’s....More>>>
It’s been a very long time since Hain Celestial Group Inc. (NASDAQ:HAIN) reported its financial and operating results, having last reported on May 4, 2016. Since then, the company has delayed its filings multiple times because of accounting issues tied to the timing of revenue recognition.
However, in a recent filing with the Securities and Exchange Commission, the company said that....More>>>
Readers of my premium advisory, Top Stock Advisor, woke up to some good news on Monday morning.
Early that day, Marathon Petroleum (NYSE: MPC) announced it would buy oil refiner Andeavor (NYSE: ANDV) in a $23 billion deal, or roughly $152 per share, a premium of about 24% over Friday’s closing price. Shares immediately rocketed 16% on the news.
For my readers, the deal is even....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>>>
Dont lose money in the Wall Street casino! the radio announcer blared.
It could take a lifetime to make up your losses in the stock market.
Unless your lifetime is five years thats how long it took the market to make a full recovery after the Great Recession hes dead wrong.
He was using this fear tactic to sell annuities. And getting suckered into buying an annuity with him....More>>>
Related CAFD Mid-Afternoon Market Update: Hooker Furniture Climbs After Strong Q4 Results; Resources Connection Shares Slide 12 Biggest Mid-Day Losers For Thursday The Vetr community has downgraded $CAFD to 4-Stars (Vetr)
Related FSLR Both 8point3, First Solar Should See Further Downside Amid Divestiture News ....More>>>