Top U.S. cryptocurrency exchange Coinbase is focusing on a group that has been especially cautious to dive into the volatile market: Institutional investors.
The San Francisco-based company announced the launch of four new products aimed at that investor class Tuesday: Coinbase Custody, Coinbase Markets, The Coinbase Institutional Coverage Group and Coinbase Prime.
“We think this can unlock $10 billion of institutional investor money sitting on the sideline,” said Adam White, Coinbase vice president and general manager. “We’re seeing a rapid increase in attention awareness and adoption in the cryptocurrency market.”
While bitcoin’s 1,300 percent rise to almost $20,000 in 2017 was led by retail investors, the new products could usher in more institutional investors and solve the problems that made many of them wary of the space, White said.
Top 5 Safest Stocks To Own For 2021: Landstar System, Inc.(LSTR)
Landstar System, Inc. was incorporated in January 1991 under the laws of the State of Delaware. It acquired all of the capital stock of its predecessor, Landstar System Holdings, Inc. (“LSHI”) on March 28, 1991. Landstar System, Inc. has been a publicly held company since its initial public offering in March 1993. LSHI owns directly or indirectly all of the common stock of Landstar Ranger, Inc. (“Landstar Ranger”), Landstar Inway, Inc. (“Landstar Inway”), Landstar Ligon, Inc. (“Landstar Ligon”), Landstar Gemini, Inc. (“Landstar Gemini”), Landstar Transportation Logistics, Inc. (“Landstar Transportation Logistics”), Landstar Global Logistics, Inc. (“Landstar Global Logistics”), Landstar Express America, Inc. (“Landstar Express America”), Landstar Canada Holdings, Inc. (“LCHI”), Landstar Canada, Inc. (“Landstar Canada”), Landstar Contractor Financing, Inc. (“LCFI”), Risk Management Claim Services, Inc. (“RMCS”) and Signature Insurance Company (“Signature”). Advisors’ Opinion:
- [By John Rotonti]
Oh yeah. In this interview, we also talk stocks. Awesome stocks! We discuss several companies that I think deserve more attention, including Ferrari N.V. (NYSE:RACE), Broadridge Financial Solutions (NYSE:BR), First American Financial (NYSE:FAF), and Landstar System (NASDAQ:LSTR). And we go deep into Starbucks (NASDAQ:SBUX) and explore the valuation of both Mastercard (NYSE:MA) and Netflix (NASDAQ:NFLX).
- [By Max Byerly]
Luna Stars (CURRENCY:LSTR) traded up 1.2% against the US dollar during the one day period ending at 19:00 PM E.T. on March 9th. During the last seven days, Luna Stars has traded up 2.2% against the US dollar. Luna Stars has a market cap of $785,041.00 and $55.00 worth of Luna Stars was traded on exchanges in the last day. One Luna Stars token can now be purchased for $0.0001 or 0.00000001 BTC on popular cryptocurrency exchanges including Cobinhood and Coinrail.
- [By Joseph Griffin]
WARNING: “Capco Asset Management LLC Grows Holdings in Landstar System, Inc. (LSTR)” was posted by Ticker Report and is owned by of Ticker Report. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & international copyright and trademark law. The correct version of this story can be accessed at www.tickerreport.com/banking-finance/4153649/capco-asset-management-llc-grows-holdings-in-landstar-system-inc-lstr.html.
- [By Shane Hupp]
Landstar System (NASDAQ:LSTR) was downgraded by stock analysts at BidaskClub from a “hold” rating to a “sell” rating in a note issued to investors on Friday.
Top 5 Safest Stocks To Own For 2021: EQT Midstream Partners, LP(EQM)
EQT Midstream Partners, LP provides natural gas transmission, storage, and gathering services in southwestern Pennsylvania and northern West Virginia. It owns, operates, acquires, and develops midstream assets in the Appalachian Basin. As of February 4, 2016, the company owned 700 miles and operated an additional 200 miles of interstate pipelines; and owned approximately 1,600 miles of high-and low-pressure gathering lines. It serves local distribution companies, marketers, producers, and commercial and industrial users, as well as natural gas producers. EQT Midstream Services, LLC serves as the general partner of the company. EQT Midstream Partners, LP is headquartered in Pittsburgh, Pennsylvania.
- [By Matthew DiLallo]
Equitrans Midstream (NYSE:ETRN) and its MLP EQM Midstream Partners (NYSE:EQM) were already on track to deliver significant growth over the next few years due to the expansion projects they have underway. Now, they’re bolstering their already strong prospects by spending $1.03 billion for two midstream systems focused on the Marcellus and Utica Shale plays. These transactions will enhance the long-term sustainability and growth prospects of their high-yield dividends, which are currently 8.3% for Equitrans and 10.5% for EQM Midstream.
- [By Shane Hupp]
ILLEGAL ACTIVITY WARNING: “California Public Employees Retirement System Has $6.57 Million Holdings in EQM Midstream Partners LP (EQM)” was posted by Ticker Report and is the property of of Ticker Report. If you are reading this article on another domain, it was illegally copied and republished in violation of U.S. & international copyright laws. The legal version of this article can be accessed at www.tickerreport.com/banking-finance/4215048/california-public-employees-retirement-system-has-6-57-million-holdings-in-eqm-midstream-partners-lp-eqm.html.
Top 5 Safest Stocks To Own For 2021: Chimera Investment Corporation(CIM)
Chimera Investment Corporation operates as a real estate investment trust in the United States. The company, through its subsidiaries, invests in residential mortgage-backed securities (RMBS), residential mortgage loans, commercial mortgage loans, real estate-related securities, and various other asset classes. Its targeted asset classes include non-agency RMBS, such as investment-grade and non-investment grade classes; agency RMBS; interest-only RMBS; and first or second lien loans secured by multifamily properties, mixed residential or other commercial properties, retail properties, office properties, and industrial properties. The companys investments in residential mortgage loans include prime mortgage loans; Alt-A mortgage loans; seasoned sub-prime mortgage loans; FHA/VA insured loans; mortgage servicing rights associated with residential mortgage loans; mortgage loans collateralized by manufactured or pre-fabricated homes; and mortgage loans collateralized by second lien, home equity lines of credit, and other similar financing arrangements. Its investments in other asset-backed securities (ABS) comprise commercial mortgage-backed securities, debt and equity tranches of collateralized debt obligations, consumer and non-consumer ABS, and loans collateralized by commercial real estate, fixed assets, and equipment. The companys investments in derivative instruments consist of swaps, swaptions, futures, and index and mortgage options. The company has elected to be taxed as a real estate investment trust. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. Chimera Investment Corporation was founded in 2007 and is based in New York, New York.
- [By Jon C. Ogg]
Chimera Investment Corp. (NYSE: CIM) was downgraded to Hold from Buy at Deutsche Bank.
Comerica Inc. (NYSE: CMA) was downgraded to Market Perform from Outperform with an $83 price target (versus an $84.47 close) at BMO Capital Markets.
- [By Motley Fool Transcribers]
Chimera Investment Corp (NYSE:CIM)Q4 2018 Earnings Conference CallFeb. 13, 2019, 9:00 a.m. ET
Prepared Remarks Questions and Answers Call Participants
- [By Shane Hupp]
Public Employees Retirement Association of Colorado trimmed its position in shares of Chimera Investment Co. (NYSE:CIM) by 18.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 51,307 shares of the real estate investment trust’s stock after selling 11,267 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Chimera Investment were worth $893,000 at the end of the most recent reporting period.
Top 5 Safest Stocks To Own For 2021: Rice Midstream Partners LP(RMP)
Rice Midstream Partners LP gathers and compresses natural gas in the United States. It operates through Gathering and Compression, and Water Services segments. The company owns, operates, develops, and acquires midstream assets in the Appalachian Basin. It also provides water services, such as collection and recycle or disposal of flowback and produced water in Washington and Greene Counties, Pennsylvania, and Belmont County, Ohio. Rice Midstream Partners LP was founded in 2014 and is headquartered in Canonsburg, Pennsylvania.
- [By Stephan Byrd]
Media headlines about Rice Midstream Partners (NYSE:RMP) have trended somewhat positive on Thursday, according to Accern. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Rice Midstream Partners earned a news impact score of 0.07 on Accern’s scale. Accern also gave media stories about the oil and gas producer an impact score of 45.5093510879888 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
- [By Logan Wallace]
Archrock (NYSE: RMP) and Rice Midstream Partners (NYSE:RMP) are both small-cap oils/energy companies, but which is the superior stock? We will contrast the two companies based on the strength of their dividends, profitability, valuation, institutional ownership, risk, earnings and analyst recommendations.
Top 5 Safest Stocks To Own For 2021: Statoil ASA(STO)
Statoil ASA, an energy company, explores for, produces, transports, refines, and markets petroleum and petroleum-derived products, and other forms of energy in Norway and internationally. The company operates through Development and Production Norway; Development and Production International; Marketing, Midstream and Processing; and Other segments. It owns exploration licenses in Norway, North America, South America and sub-Saharan Africa, North Africa, Europe and Asia, and the Oceania. The company also transports, processes, manufactures, markets, and trades oil and gas commodities, such as crude, condensate, gas liquids, products, natural gas, and liquefied natural gas (LNG); markets and trades electricity and emission rights; and operates refineries, gas processing plants, LNG plant, methanol plant, and crude oil terminals. In addition, the company develops offshore wind, and carbon capture and storage projects, as well as offers other renewable energy and low-carbon energy solutions. As of December 31, 2015, it had proved reserves of 5,060 million barrels of oil equivalent. The company was formerly known as StatoilHydro ASA and changed its name to Statoil ASA in November 2009. Statoil ASA was founded in 1972 and is headquartered in Stavanger, Norway.
- [By Shane Hupp]
Statoil (NYSE: STO) and Delek US (NYSE:DK) are both oils/energy companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, earnings, valuation, analyst recommendations, dividends, profitability and risk.
- [By Tyler Crowe]
Anyone that has watched oil prices tick up recently has probably expected oil producers to report some impressive earnings results this past quarter, and Statoil (NYSE:STO) did just that with a 21% boost to the bottom line. At the same time, management is using all of its additional cash to do some wheeling and dealing that should help boost its growth possibilities in the nearer term.
- [By Matthew DiLallo]
Another highlight in April was that Shell gave the green light to the Vito project, which is a joint venture with Statoil (NYSE:STO) in the Gulf of Mexico. Shell and Statoil were able to cut that project’s cost estimate by 70% from the original design so that it’s now profitable at $35 a barrel. The partners expect the project to produce 100,000 BOE/D of low-cost oil and gas when it comes online in 2021.