Bank of New York Mellon Corp lowered its stake in shares of ATN International Inc (NASDAQ:ATNI) by 0.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 307,394 shares of the technology company’s stock after selling 2,491 shares during the period. Bank of New York Mellon Corp’s holdings....More>>>
Relative Value Partners Group LLC acquired a new position in shares of Trupanion Inc (NASDAQ:TRUP) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 24,243 shares of the financial services provider’s stock, valued at approximately $725,000.
Several other hedge funds have also recently....More>>>
Financial services companies rely on the health of the markets to bring them business from the large institutions that are their best customers. With a bull market that’s almost a decade long at this point, Wall Street has never been stronger, and that’s given a big boost to financial information technology specialist Envestnet (NYSE:ENV). Yet as volatility returns to the stock market....More>>>
Shares of National Beverage Corp. (NASDAQ:FIZZ) rallied nicely during Friday trading after the company announced an aggressive capital allocation policy. The firm will pay out a $1.50 per share special dividend to shareholders of record on November 28, 2016, and the board of directors has approved the “concept” of another cash dividend before the end of the year. In addition, CEO Nick....More>>>
Don’t panic, capitalists! Communists will save you. (Photographer: Qilai Shen/Bloomberg)
It is with a certain comic irony that the annual global getaway of the world’s movers and shakers has chosen Xi Jinping as the herald of global capitalism. “Help me, Xi Jinping, you’re my only hope.”
On Tuesday, the leader of the — reminder — Communist....More>>>
As he’s doneat virtually every other Berkshire Hathaway meeting over the last five decades, CEO Warren Buffett argued at the company’s annual gathering this month that investors should buy and hold a stock index fund for the long term.
What has changed over the years, however, is investors receptivity to Buffetts approach, which calls for holding onto stocks through thick and....More>>>
Protect American jobs by getting tough on China.
That’s the underlying idea behind President-elect Donald Trump’s threat of a 45% tariff against China as a ploy to bring jobs back to America.
Before pursuing that strategy, however, Trump might want to check out what happened when his predecessor tried that.
President Obama slapped a stiff 35% tariff on Chinese....More>>>
Stocks made gains on Thursday after the Labor Department reported that consumer prices rose less than expected in April, easing worries about inflation. TheDow Jones Industrial Average (DJINDICES:^DJI)rose nearly 200 points and theS&P 500 (SNPINDEX:^GSPC)added almost a percentage point.
Today’s stock marketIndex Percentage Change Point Change Dow 0.80% 196.99 S&P....More>>>
31 Worst Paying College Majors: 2017
30 Best Paying College Majors: 2017
Distributions Out of a Cash Value Life Insurance Policy
LPL Financial (LPLA) says it recruited 108 new financial advisors in the first quarter with at least $4.2 billion in assets. The independent broker-dealer also announced plans to give its 14,000-plus affiliated registered representatives access to....More>>>
Shares of Array BioPharma (ARRY) have risen by 57% since my original article was published last August (at one point they麓d nearly doubled before the recent pullback).
The stock was later added as one of our 20 holdings in the Core Biotech model account and is currently our biggest loser, in the red by 21%.
In my latest update piece from December, I restated the following keys to....More>>>
(Source: Free Digital Photos)
Large-cap stocks, as represented by the S&P 500, make up about 70% of the overall market capitalization of our domestic stock markets. They also make up 90% of the S&P 1500. It is no wonder why the S&P 500 is referred to as The Market. As evidenced by the articles on this site and others, the constituents of the S&P....More>>>
July 26, 2017: Markets opened opened higher Wednesday and solid earnings reports from AT&T and Boeing kept the indexes in the green for the whole day. Telecom was the day’s best performing sector while basic materials was the worst. WTI crude oil for September delivery settled at $48.75 a barrel, up 1.8% for the day following the EIA report that U.S. inventories plunged last week. August....More>>>
Source: ThinkstockMarch 27 2018: The S&P 500 closed down 1.7% at 2,612.60. The DJIA closed down 1.4% at 23,858.19. Separately, the Nasdaq was down 2.9% at 7,008.81.
Tuesday was a down day for the broad U.S. markets, coming a day after the Dow posted one of its top 3 performances, in terms of points, in the history of the index. All three of the major indices gave back practically all....More>>>