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>>>
By Ben Reynolds
Bank of Nova Scotia (NYSE:BNS) is the third-largest Canadian bank ranked by market cap.
Bank of Nova Scotia’s market cap is $64 billion The Toronto-Dominion Bank’s market cap is $83 billion Royal Bank of Canada’s market cap is $94 billion
Bank of Nova Scotia’s financial metrics should immediately stand out for value-focused dividend....More>>>
Zacks Investment Research cut shares of MGM Growth Properties (NYSE:MGP) from a buy rating to a hold rating in a report published on Saturday morning.
According to Zacks, “MGM Growth Properties LLC is a real estate investment trust. The company is engaged in the acquisition, ownership and leasing of destination entertainment and leisure resorts which include casino gaming, hotel, convention,....More>>>
Shares of Box Inc. (NYSE:BOX) popped 11.6% on Monday after the cloud content management specialist received a vote of confidence from a hedge fund manager.
Speaking the Sohn Investment Conference today, Social Capital CEO Chamath Palihapitiya argued that Box is a “really interesting disruptive company,” calling the stock “incredibly cheap and undervalued.”
58.com (WUBA) has spent the last two years in bear market territory. The stock peaked around $85 back in June 2015 and is down almost more than 40% from its peak as of this writing. The company spent the last two years consolidating its businesses and integrating two large acquisitions Anjuke and Ganji. These two acquisitions came after a period of rampant spending, and the company decided to focus....More>>>
On Tuesday, shares of Snap (SNAP) hit a new public trading low, falling nearly 9% to $15.47 after a big downgrade from Morgan Stanley. With the research firm cutting its price target from $28 to $16, Snap shares easily lost hold of their $17 IPO price that they had been struggling to defend. Unfortunately, for investors, the situation could get much worse before it gets better.
One of the....More>>>
For many women, the wage gap needs no explaining: Female workers, on average, earn around 80 cents for every dollar a man makes. The gap is even wider for women of color.
And yet a significant number of men still don’t believe it exists.
Sallie Krawcheck, the former Citi CFO who became one of the highest-ranking women on Wall Street, thinks more men in power need to wake....More>>>
One blank check company, Capitol Investment Corp. IV, is on the IPO calendar for the week ahead to raise $350 million. The slowdown in IPO activity marks the start of the annual August lull. Aside from the one SPAC, there will likely be no IPOs for the next four weeks.
Quiet periods for four recent IPOs are set to expire next week. Street research is expected on Monday for gene-edited crop....More>>>
Citigroup’s Alastair Syme and team argue that the earnings from big oil companies like Chevron (CVX), Total (TOT) and Royal Dutch Shell (RDS.A) will be bad…real bad. But that won’t stop the stocks from outperforming. They explain why:
Negative headlines, positive performance: We expect the majority of Big Oil companies to post negative 1Q16 earnings,....More>>>
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