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
Right now, there’s a billion-dollar profit opportunity big pharma companies are completely ignoring: reversible male contraceptives. Bloomberg projects this form of contraceptive could cut into half of the $10 billion global female contraceptive market.
And while big pharma ignores this opportunity, Indian startups are seizing this potential $5 billion market.
Wall Street on Monday didn’t just cash in on one winner, or a daily double, or even a trifecta. It notched astock market-style superfecta, with all four major U.S. stock indexes — representing blue chip names, technology stocks, small caps and large-company stocks — all closing at record highs on the same day for the first time in 17years.
HBO has confirmed the departure of Sheila Nevins, its president of documentary and family programming, who has been an enormous influence in the world of nonfiction filmmaking.
Nevins, 78, a 38-year veteran of the network, announced her intent to leave in a New York Times feature, and said in a statement issued Monday that she intends to “pursue the rest of my life.” HBO is....More>>>
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>>>
Ford (NYSE: F) is up 5.3% since the close on August 31st, 2017. On the day of the monthly sales news, the stock soared by 3% from $11.03 to $11.35. Other auto manufacturers such as GM also gained 2.23% on September 1st, 2017. In previous months, F was underperforming the domestic automakers regarding monthly sales. Continuing with the monthly analysis, I would like to discuss Ford’s auto sales....More>>>
The majority of the President’s tax plan outlined by Treasury Secretary Steve Mnuchin and White House Chief Economic Advisor Gary Cohn was consistent with the plan President Donald Trump proposed during his campaign. For example, President Trump repeatedly promised to repeal the estate tax and alternative minimum tax (AMT). Trump’s 15% corporate tax rate was also the same figure he campaigned....More>>>
&l;!–donotpaginate–&g;&l;p&g;Between the corporate tax cut and the tight labor market, more companies are moving to increase pay and benefits, including their contributions to retirement plans.&a;nbsp; In a January survey, one out of four employers told Willis Towers Watson that they have increased their 401(k) match this year or plan to do so next year.
Of all the basic tenets of modern financial theory, the Efficient Market Hypothesis (EMH) is one of the most controversial and disputed theories. For the uninitiated, the EMH posits that stock prices reflect all relevant price information, which means stocks always trade at fair value.
But if EMH were always true, investors would be wasting their time searching for undervalued stocks or stocks....More>>>
After a long stretch of calm and a relentless rally, the stock market appears to be taking a breather. No one should be surprised — unless youre surprised it took so long for this bull market to take some downtime. Stock market corrections, typically defined as a loss between 10% and 20% from the peak, occur about every two years, on average. The last one began in May 2015, so were due, especially....More>>>
Starbucks Corp. (NASDAQ: SBUX) is shutting down its 8,000 stores this afternoon, as previously announced, to conduct mandatory anti-bias training. This training is the result of an incident back in April involving two black men arrested in a Philadelphia Starbucks.
News coverage about Worldpay (NYSE:WP) has trended somewhat positive on Friday, according to Accern Sentiment. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative