Go back a year, and offshore drillers like Noble (NE), Rowan (RDC), Transocean (RIG) and Atwood Oceanics (ATW) had been all but written off–until they weren’t anymore. Since then, investors have been rewarded for picking winners in the group from the losers, as Atwood Oceanics has more than doubled, Transocean has gained 34%, and Rowan has risen 42%, while Noble and Diamond Offshore....More>>>
Meag Munich Ergo Kapitalanlagegesellschaft MBH grew its stake in shares of Campbell Soup (NYSE:CPB) by 191.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 109,248 shares of the company’s stock after purchasing an additional 71,816 shares during the quarter. Meag Munich Ergo Kapitalanlagegesellschaft....More>>>
Its a snoozefest.
The S&P 500 is stuck in its narrowest range in nearly half a century and trading volume is plumbing multi-month lows. But by September, investors may be pining for the dog days of summer, with data suggesting that it is historically the worst month for stocks.
Since 1928, the S&P 500 has dropped in September 56% of the time, according to Bank of America Merrill....More>>>
Deals and Financings
China Renaissance, a Beijing investment bank and VC/PE investor, plans to expand its investment funds operations, climbing from $3 billion assets under management currently to $10 billion over the next three years. At the moment, the company runs two funds: Huaxing Growth Capital, focused on technology, media and entertainment, and Huaxing Healthcare. The company plans....More>>>
Raymond James analyst Christopher Raymond and team sayAbbVie (ABBV) is “not your father’s biotech company” as they initiate coverage with an Outperform rating:
Kevin Hagen for The Wall Street Journal
Initiating coverage of ABBV shares with an Outperform rating and an $82 price target as we think uncertainty over Humira’s intellectual property (IP) creates an....More>>>
Are you one of the 29% of Americans who say they will be more likely to seek advice from a financial professional in 2017? Perhaps you’re one of the 51% of those who don’t have an advisor that feel like they don’t have enough money saved to ask for input? If so, how will you know where to find unbiased guidance from people who are acting in your best....More>>>
Ive been offered a new job, and I want to see how the cost of the new employers health care stacks up. How much does the average family pay for health care? What can I do to save money on health costs?
See Also: 5 Ways to Ease the Pain of Health Care Costs in Retirement
The majority of families still get health insurance through their employers, and the average cost of health care....More>>>
Gold prices suffered a sharp decline on Thursday, erasing a gain for the week as the euro weakened, providing support for the dollar, in the wake of the European Central Banks monetary-policy meeting.
The yellow metal failed to find support from former Federal Bureau of Investigation boss James Comeys testimony before a Senate panel amid an investigation into alleged Russian efforts to interfere....More>>>
The Under Armour stock ticker is changing, and shares of Under Armour Inc. (NYSE: UA) jumped following the news.
The company announced on Monday that it will change its Class A and Class C stock tickers. At the start of trading on Dec. 7, Under Armour Class A shares will change from “UA” to “UAA.” Also on that day, the company’s Class C common stock will....More>>>
This is the inaugural article within a series on German Dividend Champions. These are great dividend investments in German stocks which are currently undervalued and offer significant upside potential. Compared to US stocks like PG or JNJ even the German heavyweights have less impressive and long-reaching dividend track records. That’s why I regularly will only refer to historic data beginning....More>>>