AO Asset Management LP reduced its stake in shares of Lumentum Holdings (NASDAQ:LITE) by 43.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 131,800 shares of the technology company’s stock after selling 102,100 shares during the period. AO Asset Management LP owned about 0.21%....More>>>
Last week, I had the pleasure to attend Consensus 2018 in New York, the premier gathering for the who’s who in blockchain, Bitcoin, and cryptocurrencies.
Attendance doubled from last year to an estimated 8,500 people, all of them packed in a Hilton built for only 3,000. Ticket sales alone pulled in a whopping $17 million, while event booths – the largest of which belonged....More>>>
Zacks Investment Research upgraded shares of Dana (NYSE:DAN) from a hold rating to a strong-buy rating in a research report released on Tuesday morning. They currently have $30.00 price target on the auto parts company’s stock.
According to Zacks, “Dana Inc. is a provider of technology driveline, sealing and thermal-management products. The company’s operating segment consists....More>>>
Retirement investing is not what it used to be. In the old days, one could just invest in the safe stocks to buy, in blue chips, in a nice ladder of bonds, and do just fine.
Alas, the market has significantly changed. Much of this is due to the historically low interest rates weve had.
The problem with the Federal Reserves attempt to goose the economy is that it killed bond yields,....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>>>
Asia-Pacific equity markets struggled for direction after U.S. and European central bankers didnt provide fresh policy guidance, though Hong Kong stocks outperformed on strong corporate earnings.
Market participants were watching for implications from developments on U.S. tax policy, in addition to Hurricane Harveys impact on the global energy market. U.S. gasoline futures rose early Monday.Top....More>>>
1. Attack in Paris: A gunman killed one police officer and injured two others in Paris on Thursday. The attack, claimed by ISIS, came just days before a general election in France.
The euro was little changed against the dollar on Friday, while French stocks dipped by 0.6%.
Investors are closely watching the election. Opinion polls suggest a very close race between four presidential....More>>>
Stocks fell on Thursday, but ended with only slight declines after dropping more steeply early in the session. By the closing bell, the Dow Jones Industrial Average(DJINDICES:^DJI) and the S&P 500 (SNPINDEX:^GSPC) indexes had each shed less than 0.25%.
Today’s stock market
The market managed to squeak out a gain today as oil entered a bull market less than three weeks after having entered a bear market.
Drew Angerer/Getty Images
The S&P 500 advanced 0.2% to 2,187.02, while the Dow Jones Industrial Average advanced 23.76 points, or 0.1%, to 18,597.70. The Nasdaq Composite rose 0.2% to 5,240.15.
WTI crude oil, the U.S. benchmark, rose....More>>>
The Manufacturing sector saw plenty of trading activity today, including the following leaders and losers.
Some of the biggest gainers among Manufacturing stocks include:
Flex Pharma Inc Cmn (FLKS): FLKS stock is up 13.55% today. Egalet Corporation (EGLT): EGLT stock is up 12.41% today. Versartis Inc Cmn (VSAR): VSAR stock is up 10.15% today. Dynavax Technologies (DVAX): DVAX stock....More>>>