Bloomberg Secretive Hedge Fund Ends Long Silence to Take On Japan Icon (Bloomberg) — It was the rarest of public appearances. At Toshiba Corp.’s extraordinary general meeting in March, a lawyer, who didn’t give his name, talked for four minutes about why shareholders’ rights should never be infringed.He was speaking on behalf of Effissimo Capital Management Pte, a secretive hedge fund that had avoided the spotlight for almost 15 years. Now it was coming out into the open, if only… Source link
Read More »Hedge Funds Beef Up Tech Holdings Before Apple, Amazon Earnings
InvestorPlace 7 Dividend Aristocrats That Will Outlive Us All Most long-term investors love passive income stocks. Therefore, today we introduce seven “Dividend Aristocrats,” or businesses that have increased the base dividend every year for the past 25 years. According to metrics from S&P Global (NYSE:SPGI), “Since 1926, dividends have contributed to approximately one-third of total return while capital appreciations have contributed two-thirds. Therefore, both sustainable dividend… Source link
Read More »US judge overseeing Google case will sell mutual funds holding Alphabet stock
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. The federal judge hearing the U.S. Justice Department’s antitrust case against Google said on Friday he directed his financial advisers to immediately sell mutual funds he owns that hold stock of the search engine’s parent Alphabet Inc. Separately, Google said in a brief court filing that it would not ask for the case to be thrown out at an early stage based on procedural issues. GET FOX BUSINESS ON… Source link
Read More »U.S. judge overseeing Google case will sell mutual funds holding Alphabet stock
TipRanks Oppenheimer: These 3 Stocks Could Spike Over 80% Wall Street’s best firms don’t just look at the stocks, they look at the big picture, too. And Oppenheimer’s chief investment strategist, John Stoltzfus, is particularly adept at showing us the macro view. In his first note of the new year, Stoltzfus notes a series of factors that are going to impact the markets. The big news, of course, the 800-pound gorilla that cannot be ignored, is the ongoing COVID epidemic. The disease is… Source link
Read More »U.S. judge overseeing Google case will sell mutual funds holding Alphabet stock
FILE PHOTO: A Google sign is shown at one of the company’s office complexes in Irvine, California, U.S., July 27, 2020. REUTERS/Mike Blake WASHINGTON (Reuters) – The judge hearing the U.S. Justice Department’s antitrust case against Alphabet Inc’s Google said on Friday he had directed his financial advisers to immediately sell mutual funds he owns that hold Google stock. Judge Amit Mehta said he learned that “some of our mutual fund holdings do contain two different classes of Alphabet… Source link
Read More »U.S. judge overseeing Google case will sell mutual funds holding Alphabet stock
WASHINGTON, Jan 8 (Reuters) – The judge hearing the U.S. Justice Department’s antitrust case against Alphabet Inc’s Google said on Friday he had directed his financial advisers to immediately sell mutual funds he owns that hold Google stock. Judge Amit Mehta said he learned that “some of our mutual fund holdings do contain two different classes of Alphabet stock” and directed their sale. Mehta said “neither my wife nor I directed the purchase of these particular funds; they were… Source link
Read More »People Trust receives $650,000 from Google small business funds
Little Rock-based People Trust Community Loan Fund announced it has received a $500,000 Grow with Google Small Business Fund loan and a $150,000.00 Google.org-funded grant from Opportunity Finance Network (OFN), a network for Community Development Financial Institutions (CDFIs). The grant will help People Trust better serve women and BIPOC-owned (black, indigenous, and people of color) small businesses in Arkansas. People Trust is a certified 501(c)(3) Community Development Financial… Source link
Read More »Mnuchin 'making it up' on stripping Fed of emergency loan funds: former TARP inspector – Yahoo Finance
TipRanks J.P. Morgan: 2 Stocks to Consider Buying (and 1 to Stay Away From) In a report on current market conditions – and the strategic view going forward – JPMorgan’s Marko Kolanovic sees plenty of reasons for optimism. Kolanovic sees that risk has eased in the last few weeks, and taking the usual daily fluctuations into account, markets are likely to see a sustained rally.The biggest news, in Kolanovic’s view, are the positive reports about the rapid development and imminent… Source link
Read More »Did Hedge Funds Make The Right Call On Yandex NV (YNDX)?
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds’ and investors’ portfolio positions as of March 31st, a week after the market trough. We are almost done with the second quarter. Investors decided to bet on the economic… Source link
Read More »Russia’s Yandex, seeking funds for growth, doubles new share offering
By Nadezhda Tsydenova and Olga Popova MOSCOW (Reuters) – Yandex <YNDX.O> has doubled the size of its new share offering to $400 million, the Russian internet giant said on Thursday, which combined with private placements will raise $1 billion to finance acquisitions and growth. Yandex, co-founded by its Chief Executive Arkady Volozh in the 1990s, grew from a search engine to provide everything from online taxi services to food delivery, cinemas and a market place. This week, Yandex moved to… Source link
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