Turkish President Recep Tayyip Erdogan spoke to Bloomberg TV’s Guy Johnson in a televised interview at Bloomberg’s London Headquarters. He spoke on a visit to the U.K. during which he’s also meeting Prime Minister Theresa May and Queen Elizabeth II, as well as executives, bankers and investors. Erdogan said he plans to assume a greater role in setting monetary policy as he gears....More>>>
Petroleum still powers the world’s economies, and overall demand continues to climb. Over just the last six years, global oil demand per day has jumped by 10.14% according to the International Energy Agency (IEA).
In just the past year, that demand per day has risen by 2.54%. This might seem modest, but note that it has come as many of the globe’s higher-growth economies, including....More>>>
Traders purchased shares of NextEra Energy Inc (NYSE:NEE) on weakness during trading on Tuesday. $61.42 million flowed into the stock on the tick-up and $37.15 million flowed out of the stock on the tick-down, for a money net flow of $24.27 million into the stock. Of all stocks tracked, NextEra Energy had the 33rd highest net in-flow for the day. NextEra Energy traded down ($1.67) for the day and....More>>>
A few days ago, an article about Nike (NYSE:NKE) argued that “Nike’s shares aren’t priced to buy.” The reasoning was that “Nike is, at best, fairly valued. And it certainly isn’t trading hands at fire-sale prices.” The question is: should you expect (and wait for) fire-sales prices? Most value investors know the maxim that it is better to buy a great business....More>>>
Institutional investors and corporate insiders didn’t run when the S&P 500 Index stumbled earlier this year. They added to their stashes.
Amid a 10 percent market correction in February that ended a record streak of positive monthly total returns, institutional ownership of S&P 500 members rose 3.28 percent over the past six months, while insider holdings increased by 5.46....More>>>
BNP Paribas Arbitrage SA reduced its stake in shares of Willis Towers Watson (NASDAQ:WLTW) by 10.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,453 shares of the financial services provider’s stock after selling 6,401 shares during the quarter. BNP Paribas Arbitrage SA’s holdings....More>>>
Generally, stocks that have fallen out of favor with the market are cheap for a reason. But, on occasion, savvy investors can scoop up a stock on the cheap and enjoy solid returns when the company proves its doubters wrong. It’s not easy to discern which stocks fall into the pessimistically undervalued category, but here are two to consider: Hostess (NASDAQ:TWNK), which is expanding and adapting....More>>>
Between now and 2050, global demand for air conditioners in buildings will rise from 1.6 billion to 5.6 billion. That means that 10 new AC units will be sold every second for the next 30 years.
The data were reported earlier this week by the International Energy Agency (IEA) in a study titled “The Future of Cooling.”
Demand for AC already accounts for about 20% of all electricity....More>>>
1. China strikes back: Beijing says that tariffs on about $3 billion worth of US imports are going into effect Monday, hitting 128 products ranging from pork to steel pipes.
The sanctions include tariffs of 15% on 120 American products — such as fruits, nuts, wine and steel pipes — and 25% on eight other products, including pork and recycled aluminum.
Image source: Getty Images.
Shares of Insulet Corporation(NASDAQ:PODD), a medical device company primarily focused on diabetes,rose by as much as 11% in afternoon trading on Friday.
The drug delivery specialist didn’t release any news on Friday that could justify its big move.Instead, Insulet’s stock appears to be rising in response....More>>>
Chairman and Interim CEO of Cerner Corp (NASDAQ:CERN) Clifford W Illig sold 530,000 shares of CERN on 11/20/2017 at an average price of $65.54 a share. The total sale was $34.7 million.
Cerner Corp is a supplier of health care information technology, and offers software, professional services, medical device integration, remote hosting and employer health and wellness services. Cerner Corp....More>>>
Boston, MA, based Investment company Woodstock Corp buys Enbridge, Versartis, Analog Devices, FibroGen, Cedar Fair LP, Axovant Sciences, Aratana Therapeutics, Vanguard FTSE All World Ex US, iShares Core S&P Small-Cap, Iron Mountain, sells Spectra Energy, F5 Networks, Stericycle, Linear Technology, The Hain Celestial Group during the 3-months ended 2017-03-31, according to the most recent filings....More>>>
It’s important for investors to know how to invest in penny stocks safely. That’s because they’re often volatile and can sometimes be fraudulent, despite offering triple-digit returns in a matter of weeks. We’ll show you our top two strategies for finding good penny stocks to buy, plus our small-cap stock pick primed for double-digit growth this year…
Bernstein’s Steven Winoker and team consider the implications of Honeywell International’s (HON) $1.5 billion purchase of Intelligrated:
And the M&A momentum continues. As we soon approach the 1-year anniversary of the Elster acquisition announcement, the tide has clearly turned over the last 12 months and Intelligrated now marks the 10th announced acquisition over that time....More>>>
New Tax Law Could Change How Clients Invest: Andy Friedman
FINRA Releases Exam Priorities for 2018
How to Use RMDs to a Clients Advantage: Morningstars Benz
Raymond James says its employee channel now has a Tampa Bay complex in Florida, which will be led by Doug Brigman and support the growth strategies of some 100 financial advisors in the area.
Brigman, who joined the....More>>>