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>>>
Warren Buffett may not have supported Donald Trump’s candidacy for president, but the 86-year-old billionaire certainly benefited from the unexpected outcome.
Stocks are up across the board since the presidential election, boosting the value of Berkshire Hathaway’s (NYSE:BRK-A) (NYSE:BRK-B) stock portfolio, but few stocks have rallied as much as Bank of America (NYSE:BAC).
Brokerages forecast that Imax Corp (NYSE:IMAX) will report $79.17 million in sales for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Imax’s earnings, with the lowest sales estimate coming in at $72.16 million and the highest estimate coming in at $82.90 million. Imax posted sales of $98.80 million in the same quarter last year, which indicates a negative....More>>>
If you compare Activision Blizzard’s (NASDAQ:ATVI) balance sheet with its peers’, one thing might jump out at you — the Overwatch maker is saddled with a lot of debt. Electronic Arts (NASDAQ:EA) and Take-Two Interactive (NASDAQ:TTWO) have higher net cash balances even though Activision generates more revenue and free cash flow than they do, and has been doing so for years and years.
I believe that Tuesday Morning (NASDAQ: TUES) is a potential turnaround situation with high upside and limited downside.
According to their 10k,
We are a true closeout retailer, selling high-quality products at prices below those found in boutique, specialty and department stores. Our customers come to us for an ever-changing, exceptional assortment....More>>>
By Prakash Loungani and Zidong An
Forecasts of real GDP growth attract a lot of media attention. But what matters more to the person on the street is how growth translates into jobs. Unfortunately, the mediocre growth outlook of recent years may lead to a disturbing outlook for jobs, particularly among fuel-exporting countries and in the Latin America and Caribbean region.
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Erin Andrews sues hotel over stalker videos “On the one hand she’s living the dream, her dream. On the other hand she’s living with a nightmare.”
That’s what Erin Andrews’ attorney told a Nashville jury Friday during closing arguments in her $75 million lawsuit over a nude video that was recorded and posted online without her consent.