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
Today, Seadrill (NYSE:SDRL) announced that the restructuring of the company is on the way, but as communicated earlier it’s turned out to be more difficult than expected. They now hope to get all of the parties to come to an agreement by end of April 2017. That is when the $317M facility on the rig West Eminence matures. Lenders have already given them more time, as the deadline for payment....More>>>
Look ata One Belt, One Road map showing how much of the world China’s new Silk Road economic initiative will involve and you’ll see one thing right away: This is a massive global undertaking with incredible potential for China, and investors.
China could invest over $5 trillion into building its Belt and Road initiative over the next 10 years. That could mean a near 50%....More>>>
The past twelve months was an eventful period of time for General Electric (NYSE:GE), as the company made (or announced) several transformative transactions in 2016, but unlike some investors, the market has not yet bought into the hype.
Click to enlarge
As shown, GE shares have underperformed the broader market, S&P 500 (NYSEARCA:SPY), by a wide margin....More>>>
Traders work on the floor at the closing bell of the Dow Industrial Average at the New York Stock Exchange on August 16, 2017 in New York. Wall Street stocks rose early Wednesday ahead of the release of Federal Reserve meeting minutes expected to shed light on the prospects of another interest rate increase in 2017. (BRYAN R. SMITH/AFP/Getty Images)
The Dow Jones Industrial Average begins....More>>>
I had expected IAMGOLD (NYSE:IAG) to post an impressive turnaround in the second half of the year on the back of an improvement in gold prices and the company’s efforts of lowering its cost base. This is exactly what happened when the company released its third-quarter results a couple of weeks ago.
Pulling the right strings
In fact, IAMGOLD blew past Wall Street estimates for....More>>>
In November 2017, chip giant Intel (NASDAQ:INTC) announced that it intended to enter the market for discrete graphics processing units (GPUs). Intel has long produced graphics processors, but they have been relatively low-performance parts integrated alongside its core central processing unit (C
Recently, Mary Meeker of venture capital firm Kleiner, Perkins, Caulfield & Byers released her 2018 internet trends report.While there were several stars of this year's report, the biggest may have been China, which is now home to nine of the top 20 internet companies in the world, up from
If youre new to the working world, youre probably eager to find a job that not only keeps you engaged, but pays reasonably well -- especially if youre on the hook for a mountain of student debt. Though the salary you earn will depend heavily on the region you live in and the size of the company you
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...