Barrow Hanley Mewhinney & Strauss LLC increased its stake in shares of Pinnacle West Capital Co. (NYSE:PNW) by 38.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,514,179 shares of the utiliti
U.S. equities melted higher on Thursday, pushing large-caps to new record highs, thanks to strength in crude oil (providing much needed relief to the energy sector after Wednesday’s decline) driven by a larger-than-expected inventory drawdown. In fact, it was the largest draw since 2016 even as production hits a 21-month high, suggesting strong-end demand.
New York, NY, based Investment company J. Goldman & Co LP buys Dell-VMWare Tracking Stock, Altaba Inc, Knight-Swift Transportation Holdings Inc, Big Lots Inc, FedEx Corp, Sentinel Energy Services Inc, Cognizant Technology Solutions Corp, PG&E Corp, NXP Semiconductors NV, General Motors Co, sells Time Warner Inc, B&G Foods Inc, Michael Kors Holdings, CyberArk Software, Dollar Tree Inc....More>>>
AMD stock has fallen by close to16% this month. Should youbuy in? Flickr
Shares of Sunnyvale, California-based Advanced Micro Devices Inc (NASDAQ:AMD)have now fallen by close to 16% this month, following Thursday’s 3.5% correction. In fact, the sentiment around the stock has been so bearish that markets have even ignored the positive reviews that its recently launched Ryzen 5....More>>>
At long last, chip giant Intel (NASDAQ:INTC) opened up about its upcoming 10-nanometer chip manufacturing technology, at its first-ever Technology and Manufacturing Day. The company has — frustratingly — kept key details of this technology under wraps for years now, but Intel is now putting them out there for all to see.
Without further ado, let’s look at what Intel had....More>>>
Shares of Bank of America (BAC), Citigroup (C) and JPMorgan Chase (JPM) are rising today, but not Wells Fargo (WFC) despite beating earnings forecasts this morning. Why? Evercore ISI’s John Pancari and team single out Wells Fargo’s exposure to energy:
Patrick T. Fallon/Bloomberg News
Wells Fargo reported 1Q16 EPS of $0.99. Ex gain on sale of Wells Fargo’s crop....More>>>
Valeant Pharmaceuticals (NYSE:VRX) shares are on a tear, and the company’s first-quarter financial results show that management is making headway in paying down debt. However, the business itself continues to sputter, and ultimately this rally could be short-lived if sales can’t find their footing.
The good news
Valeanthas been struggling to offset declining sales following....More>>>
Welcome to another edition of “3 Things in Biotech You Should Learn Today.” Yours truly is currently mired in post-ASCO craziness, with lots of news finally coalescing and being interpreted. Like did you know that in colorectal cancer it looks like we might be attacking with chemotherapy too aggressively? There were all kinds of major updates there that we will be mulling for years.
Billionaires Warren Buffett and George Soros earned their vast fortunes by consistently finding gems lying in plain sight. And after decades of running their own investment businesses, these superinvestors remain as active as ever.
Individual savers interested in learning from or investing alongside these financial legends need to look no further than the 13-F filings that all large investment....More>>>
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
Last week my son and I spent part of a day at a theme park and half of another at a water park. As a full-time,work-from-home freelancer, I have the flexibility to do that -- but it's an advantage that comes with a price.
Like many freelancers, I only get paid for the work I do. If I cho
With an astonishing revenue growth in 2016 and 2017, SharedLabs, Inc. (SHLB) is the next unicorn startup company that will sell shares in Wall Street. The companys growth is sustained by innovative services in exciting sectors, such as artificial intelligence, blockchain, and the Internet of Thi
It's been quite a month for dominant online video streamer Netflix (NASDAQ:NFLX). The company's market cap overtook telecom/media giant Comcast(NASDAQ:CMCSA) only days ago, and today has just become more valuable thanDisney (NYSE:DIS) as shares hit an all-time high. It's a remarkable milestone,