GAM Holding AG bought a new position in shares of Mitel Networks Corp (NASDAQ:MITL) (TSE:MNW) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 245,367 shares of the communications equipment provider’s stock, valued at approximately $2,692,000. GAM Holding AG owned approximately....More>>>
IN THE NEWS
Not a month after announcing a hold on the trade war, President Donald Trump approved Thursday night about $50 billion in tariffs on Chinese exports. The Administration is making amendments to an early list of about 1,300 targeted goods: Link
A mysterious volatility trader known only as “50 Cent” appears to have returned to the market this week, making large....More>>>
Many penny stocks are highly volatile, and there’s often little guarantee the company behind those stocks is legitimate. A little risk is healthy for your portfolio, but with many penny stocks, it’s just plain dumb.
Penny stocks have become a breeding ground for pump-and-dump schemes that artificially inflate a holding’s value before selling out. The fraudster turns....More>>>
If small-company stocks offer the chance to get into businesses on the ground floor, and big blue chips offer world-beating stability, what do shares of midsize companies bring to the table? Historically, superior returns. Since 1980, the Russell Midcap index, which tracks U.S. stocks with $934 million to $34 billion in market capitalization (stock price times shares outstanding), returned 12.9%....More>>>
Teck Resources (NYSE:TECK) performed exceptionally well in 2016, rising from the low single digits to the mid-$20s. I don’t think the stock will repeat that strong performance in 2017. However, I do think the stock will outperform the S&P 500 with strong double-digit gains. Teck Resources’ recent 20% pullback has the stock at an oversold level. The stock remains undervalued as compared....More>>>
Parametrica Management Ltd acquired a new position in Advanced Disposal (NYSE:ADSW) in the first quarter, HoldingsChannel reports. The institutional investor acquired 17,810 shares of the company’s stock, valued at approximately $397,000.
A number of other institutional investors and hedge funds have also recently bought and sold shares of ADSW. SG Americas Securities LLC bought....More>>>
Our primary purpose is to assist subscribers in growing their capital and income base to generate cash for their current and future needs, explains Kelley Wright, editor of Investment Quality Trends.
To that end we believe that shares of high quality stocks purchased at a historically repetitive area of low-price/high-yield offers the greater potential for downside protection and upside....More>>>
Tesla (Nasdaq: TSLA) has had a remarkable run of generating customer deposits, which in turn, creates a feedback loop that further hypes demand and bolsters cash flow. The companys efforts to increase deposit requirements from $1,000 for Model S, X and 3 to $5,000 for the semi, then $20,000 for the semi, and $50,000 for the base Roadster or $250,000 for the Roadster Founder’s Series shows....More>>>
Tencent’s (NASDAQOTH:TCEHY) advertising business is growing quickly. The company’s overall online advertising business grew 55% year over year in the first quarter. Social advertising grew faster, 69% year over year, and totalled 7.4 billion yuan (about $1.2 billion) — 69% of total ad revenue.
But Tencent made an interesting note in its quarterly report.
Small cap social media gaming stockZynga Inc (NASDAQ: ZNGA) reportedQ2 2017 earnings after the Wednesday market close. Revenue was above guidance by $9.2 million and up 15% year-over-year to $209.2 million whilenet income was $5.1 million, better than guidance by $11.1 million and an improvement of $9.5 million year-over-year.
The earnings release noted:
In terms of our bookings performance,....More>>>
Chinese internet giant Tencent Holdings/ADR (OTCMKTS:TCEHY) just reported first quarter numbers, and they were much better than expected. Revenue growth remained robust, while earnings came in well above expectations, easing concerns surrounding persistent margin-compression headwinds. As a result, Tencent stock traded more than 6% higher to just over $53.
But Tecent earnings are....More>>>
There is a lot of noise in the stock market. Every day, discrete events send stocks up and down. These discrete events can be company-specific, like earnings reports, murmurs about mergers and acquisitions, analyst upgrades and downgrades, or investor presentations. Those discrete events can also be macro-related, including economic data or geopolitical news.
Nonetheless, every day, multiple....More>>>
Facebook, Inc. (NASDAQ:FB) has been in the news for all the wrong reasons for some time now, but its data scandal might have actually helped investors looking to buy the social media giant’s stock at a more attractive valuation.
Recent Price Movement
Shares of Facebook tumbled from $185 per share in mid-March to $152 near the end of March as speculation about Facebook’s....More>>>
After a nearly perfect 2017 that saw big gains happen alongside mitigated volatility, the stock market hasn’t been able to replicate that success in early 2018.
Year-to-date, the S&P 500 is essentially flat. More than that, at one point in late January, the S&P 500 was up nearly 8% on the year. By the beginning of February, it was down 1% on the year.
In other words,....More>>>
Wall Street goes shopping this week, starting with retail sales data tomorrow and then moving along to earnings reports from some of the major department- and big-box stores. By the time Friday rolls around, investors might have a better sense of how consumers are faring as summer looms.
Stocks ticked higher in pre-market futures trading early Monday despite weakness in European equities....More>>>