Tesla shares are on the rise today after the electric car maker stated that it has plans to raise $2 billion dollars in capital through new equity. Yahoo Finance's Jen Rogers, Brian Sozzi and Heidi Chung discuss.
U.S. West Texas Intermediate crude oil futures are trading sharply higher late Tuesday after President Trump said he would hold an extensive meeting with Chinese President Xi Jinping at the G-20 summit in Japan later this month. “Had a very good telephone conversation with President Xi of China. Later today, traders will get a chance to react to the latest weekly inventories report from the American Petroleum Institute.
Churchill Downs Inc. got a conditional OK from the Kentucky Horse Racing Commission to build an extension in a horse racing club planned for downtown Louisville. On June 18, the commission approved Churchill Downs' request to open a "non-contiguous" facility in the club, which the Louisville Thoroughbred Society is building at 209 E. Main St., the former Fetzer building. The unanimous approval comes on the condition that the principals of the Louisville Thoroughbred Society — Gene McLean, Dave Steinbrecher and Mike Schnell — pass background checks.
Mario Draghi's dramatic Tuesday hints of further monetary easing by the European Central Bank has stabilized collapsing euro zone inflation expectations, but the departing ECB chief will struggle to calm market fears of Japan-style economic stagnation. Draghi shocked the markets by saying the ECB bank would ease policy again if inflation fails to accelerate. Having slid since the June 6 ECB meeting to almost half the ECB's medium-term target, a key long-term market inflation gauge - the five-year, five-year breakeven forward rate - posted its biggest ever one-day jump after Draghi spoke on Tuesday.
Today we'll look at Textainer Group Holdings Limited (NYSE:TGH) and reflect on its potential as an investment. Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. First up, we'll look at what ROCE is and how we calculate it.
Our calculations also showed that COLL isn't among the 30 most popular stocks among hedge funds. COLL was in 20 hedge funds' portfolios at the end of March. There were 13 hedge funds in our database with COLL holdings at the end of the previous quarter.
With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. To keep the lesson grounded in practicality, we'll use ROE to better understand FRP Holdings, Inc. (NASDAQ:FRPH). Over the last twelve months FRP Holdings has recorded a ROE of 0.9%.
Anyone researching Dril-Quip, Inc. (NYSE:DRQ) might want to consider the historical volatility of the share price. Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. First, we have company specific volatility, which is the price gyrations of an individual stock.
Grocery store chain Kroger on Thursday reported fiscal first-quarter earnings just ahead of analysts' forecasts amid improving sales of its Kroger-branded products, though not enough to impress shareholders, who pushed the stock lower in premarket trading. The Cincinnati-based company reported adjusted net income of $586 million, or 72 cents a share, vs. $626 million, or 73 cents a share, in the comparable year-earlier quarter. Analysts polled by FactSet had been expecting earnings of 71 cents.
Hedge funds run by legendary names like George Soros and David Tepper make billions of dollars a year for themselves and their super-rich accredited investors (you've got to have a minimum of $1 million liquid to invest in a hedge fund) by spending enormous resources on analyzing and uncovering data about small-cap stocks that the big brokerage houses don't follow. Hedge funds are in a pessimistic mood.
Flows from equities have been gain momentum in past months. Yahoo Finance's Julie Hyman, Adam Shapiro, Scot Gamm and Kevin McDevitt of Morningstar Sr. Fund Flows Analyst discuss.
Barington Capital Group had $4.4 million invested in the company at the end of the quarter. D. E. Shaw's D E Shaw also initiated a $4.1 million position during the quarter. The following funds were also among the new EPC investors: Michael Gelband's ExodusPoint Capital, David Harding's Winton Capital Management, and Steve Cohen's Point72 Asset Management.
The problem is that the language we use about preparing for retirement is misleading. Time and time again, you'll be told to “save” for retirement. New employees in an office get a lecture from a well-intentioned older colleague or parent about the importance of saving for retirement.
Slack needs to be much more than just a messaging app in order to convince companies to keep paying $100,000 or more annually (or investors to value the company at $17 billion or more). Changing its ticker from SK to WORK symbolizes this ambition to investors Mounting competition as Slack proves viability As Slack has pushed to expand the scope of its offering and the size of its clientele, it's starting to face more competition. Traditional enterprise giants Microsoft (MSFT) and Cisco (CSCO) have introduced Slack competitors, as have tech giants Alphabet (GOOG)(GOOGL) and Facebook (FB) These competitors have already made significant inroads into the collaboration software market.
"Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. This appears to be the longest and most severe drought for value investors since data collection began. This article will lay out and discuss the hedge fund and institutional investor sentiment towards Amarin Corporation plc (NASDAQ:AMRN).
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that there are more than a few examples of insiders dumping stock prior to a period of weak performance. So we'll take a look at whether insiders have been buying or selling shares in Team, Inc.
Is Choice Hotels International, Inc. NYSE:CHH) going to take off soon? Money managers are taking a pessimistic view.
Shares of Beyond Meat have rallied since going public, but people are still lining up to short the stock. Yahoo Finance's Jen Rogers, Myles Udland and Dan Roberts discuss.
Hedge funds and other investment firms run by legendary investors like Israel Englander, Jeffrey Talpins and Ray Dalio are entrusted to manage billions of dollars of accredited investors' money because they are without peer in the resources they use to identify the best investments for their chosen investment horizon. Is Akebia Therapeutics Inc (NASDAQ:AKBA) a buy, sell, or hold? The number of long hedge fund positions fell by 1 recently.
Valvoline Inc. (NYSE:VVV), which is in the chemicals business, and is based in United States, saw a double-digit share price rise of over 10% in the past couple of months on the NYSE. With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock's share price. Let's take a look at Valvoline's outlook and value based on the most recent financial data to see if the opportunity still exists.
Pier 1 Imports Inc.'s stock (pir) will reflect on Thursday a 1-for-20 reverse stock split that went into effect just after midnight. The struggling home decor retailer said late Wednesday that shareholders had approved of a reverse split, in the ranges of 1-for-5, 1-for-10 or 1-for-20, and the board of directors decided to go with 1-for-20. "The objective of the reverse stock split is to enable Pier 1 to regain compliance with the NYSE minimum share price continued listing rule and maintain its listing on the NYSE," the company said in a statement.
U.S. Treasury yields fell on Thursday in the wake of Wednesday's Federal Reserve meeting that indicated the possibility of easier monetary policy later this year. The 10-year Treasury note yield (BX:TMUBMUSD10Y)? was down 1.4 basis points to 2.013%, falling as low as 1.977% overnight, while the 2-year note rate (BX:TMUBMUSD02Y)? slipped 4.4 basis points to 1.722%. The 30-year bond yield (BX:TMUBMUSD30Y)? fell 0.9 basis point to 2.531%.
Our calculations also showed that CNDT isn't among the 30 most popular stocks among hedge funds. Hedge funds' reputation as shrewd investors has been tarnished in the last decade as their hedged returns couldn't keep up with the unhedged returns of the market indices. Our research has shown that hedge funds' small-cap stock picks managed to beat the market by double digits annually between 1999 and 2016, but the margin of outperformance has been declining in recent years.
Reputable billionaire investors such as Jim Simons, Cliff Asness and David Tepper generate exorbitant profits for their wealthy accredited investors (a minimum of $1 million in investable assets would be required to invest in a hedge fund and most successful hedge funds won't accept your savings unless you commit at least $5 million) by pinpointing winning small-cap stocks. Stemline Therapeutics Inc (NASDAQ:STML) was in 20 hedge funds' portfolios at the end of March. STML has experienced an increase in support from the world's most elite money managers lately.
Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of March. At Insider Monkey, we follow nearly 750 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are collectively bullish on. One of their picks is Welltower Inc. (NYSE:WELL), so let's take a closer look at the sentiment that surrounds it in the current quarter.
The more recent news is of little comfort, with the share price down 71% in a year. The falls have accelerated recently, with the share price down 41% in the last three months. With zero revenue generated over twelve months, we don't think that Cidara Therapeutics has proved its business plan yet.