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Gold: Analysts Are Bullish despite Weak Performance in 2019

Annie Gilroy
Gold: Analysts Are Bullish despite Weak Performance in 2019

Gold: Analysts Are Bullish despite Weak Performance in 2019Gold’s price performance Gold prices have fallen 3% YTD (year-to-date) as of April 26. Gold prices fell ~1.9% in 2018 and significantly underperformed broader markets. The S&P 500

  • What Kind Of Shareholder Owns Most PGS ASA (OB:PGS) Stock?
    Business
    Simply Wall St.

    What Kind Of Shareholder Owns Most PGS ASA (OB:PGS) Stock?

    Companies that used to be publicly owned tend to have lower insider ownership. With a market capitalization of øre4.4b, PGS is a small cap stock, so it might not be well known by many institutional investors. Our analysis of the ownership of the company, below, shows that institutional investors have bought into the company.

  • 2 Employees, Gunman Dead After Shooting at California Car Dealership
    U.S.
    Meredith Videos

    2 Employees, Gunman Dead After Shooting at California Car Dealership

    A man who had just been fired from a Northern California Ford dealership shot and killed two employees and then killed himself Tuesday evening, police and witnesses said.

  • Chinese buyers are pulling out of New York real estate in droves
    Business
    Quartz

    Chinese buyers are pulling out of New York real estate in droves

    China's capital controls are making their mark on New York's luxury real estate market. In an effort to shore up its currency, the world's second biggest economy has been cracking down on money leaving the country, and there are significant concerns (paywall) about its real estate developers' levels of US dollar debt. Having briefly been the main movers and shakers in New York real estate, Chinese developers have fallen behind the Canadians, the Germans and the Dutch.

  • Trump Warns of ‘Plan B’ on China Trade: Billions More in Tariffs
    Business
    Bloomberg

    Trump Warns of ‘Plan B’ on China Trade: Billions More in Tariffs

    President Donald Trump said substantial additional U.S. tariffs would be placed on goods from China if there's no progress on a trade deal after his planned meeting with Chinese counterpart Xi Jinping at the G-20 Summit in Japan. My Plan B with China is to take in billions and billions of dollars a month and we'll do less and less business with them,” Trump said Wednesday during an interview with Fox Business Network's Maria Bartiromo. The White House announced his meeting with Xi would take place at 11:30 a.m.

  • Here’s What Hedge Funds Think About Conn’s, Inc. (CONN)
    Business
    Insider Monkey

    Here’s What Hedge Funds Think About Conn’s, Inc. (CONN)

    Hedge funds are known to underperform the bull markets but that's not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Hedge funds underperform because they are hedged.

  • Bayer buoyed by new approach to glyphosate lawsuits, Elliott stake
    Business
    Reuters

    Bayer buoyed by new approach to glyphosate lawsuits, Elliott stake

    Bayer shares jumped on Thursday after the chemicals group beefed up plans to tackle multi-billion dollar lawsuits linked to glyphosate, a move welcomed by activist shareholder Elliott, which has revealed a sizeable stake in the company. Bayer said on Wednesday it had hired an external lawyer to advise its supervisory board and has set up a committee to help to resolve the glyphosate litigation issue. The company's shares have been under pressure following its $63 billion acquisition of Monsanto, which brought with it massive legal issues after more than 13,400 plaintiffs alleged the company's glyphosate weedkiller caused cancer - a claim Bayer contests.

  • ‘Rich Dad, Poor Dad’ Robert Kiyosaki on the looming market crash, ‘God’s money,’ and why he’s looking like a genius
    Business
    MarketWatch

    ‘Rich Dad, Poor Dad’ Robert Kiyosaki on the looming market crash, ‘God’s money,’ and why he’s looking like a genius

    'Gold is God's money... The Fed has destroyed the monetary system of the world along with its central banks. In my opinion they went criminal... So when I watch Wall Street, I watch the price of stocks and I watch what the Fed is doing — I just get nauseous.

  • Business
    Morningstar

    A Checklist for Assessing Dividend ETFs

    Dividend Yield A fund's current dividend yield is often the first metric investors seek out when shopping for equity-income opportunities. The 12-month-yield metric aggregates an ETP's distributions during the trailing 12 months and then divides that figure by the fund's net asset value. While this metric is interesting, it is not very useful in isolation, because it lacks context.

  • Trump: 'Happy where we are now' on trade deal with China
    Business
    Yahoo Finance Video

    Trump: 'Happy where we are now' on trade deal with China

    Yahoo Finance's Emily McCormick says that trade talks with China were set back after Mnuchin's correction on CNBC saying that we were about 90% of the way' done with a deal.

  • Business
    U.S.News & World Report

    7 of the Best Stocks to Buy for the 5G Revolution

    How to invest in the transition to 5G networks. The coming transition from 4G to 5G cellular networks (the "G" standing for generation) is expected to facilitate the next phase of technological change and innovation. Market intelligence firm IDC expects the market for 5G infrastructure to soar from $528 million in 2018 to $26 billion in 2022.

  • American says temporary restraining order against mechanics isn't working
    Business
    American City Business Journals

    American says temporary restraining order against mechanics isn't working

    American Airlines doesn't think the unions that represent its mechanics are doing enough to comply with a judge's temporary restraining order, the airline said in a Wednesday court filing. The amount of open MELs continues to climb at American Airlines Group, Inc. (Nasdaq: AAL), the airline said, even after the TRO. Since the TRO was ordered June 14, the number of daily open MELs averaged 573.

  • Vodafone set for EU go-ahead on Liberty Global deal: sources
    Business
    Reuters

    Vodafone set for EU go-ahead on Liberty Global deal: sources

    Vodafone is set to secure EU antitrust approval for its $22 billion bid for Liberty Global's cable networks in Germany and central Europe after offering concessions in May, people familiar with the matter said on Wednesday. Vodafone, the world's No. 2 mobile operator, is looking to the deal to help it better compete with German market leader Deutsche Telekom. It offered to strengthen rival Telefonica Deutschland by giving it access to its merged high-speed broadband network after the European Commission said the deal may reduce competition in Germany and the Czech Republic.

  • A Look At The Intrinsic Value Of Sogou Inc. (NYSE:SOGO)
    Business
    Simply Wall St.

    A Look At The Intrinsic Value Of Sogou Inc. (NYSE:SOGO)

    How far off is Sogou Inc. (NYSE:SOGO) from its intrinsic value? Using the most recent financial data, we'll take a look at whether the stock is fairly priced by taking the expected future cash flows and discounting them to today's value. Remember though, that there are many ways to estimate a company's value, and a DCF is just one method.

  • London markets flat as Boris Johnson summons ghost of Napoleon
    World
    MarketWatch

    London markets flat as Boris Johnson summons ghost of Napoleon

    London markets were flat as Conservative Party leadership candidate Boris Johnson invoked the Napoleonic blockade in discussions of a no-deal Brexit. Former U.K. foreign secretary Boris Johnson said potential European Union tariffs that could emerge in a no-deal Brexit scenario would be “bizarre” and “a return to Napoleon's continental system”. The leading candidate for head of the Conservative Party and by extension, Prime Minister, said in a radio interview that while he was not seeking a no-deal Brexit, the U.K. needed to be prepared for such an outcome in order for the EU to understand how serious the U.K. side is.

  • Why EnscoRowan, Grocery Outlet Holding, and Overstock.com Jumped Today
    Business
    Motley Fool

    Why EnscoRowan, Grocery Outlet Holding, and Overstock.com Jumped Today

    Wednesday was mixed on Wall Street as major stock indexes initially climbed but gave up much of their gains by the end of the session. EnscoRowan (NYSE: ESV), Grocery Outlet Holding (NASDAQ: GO), and Overstock.com (NASDAQ: OSTK) were among the top performers. Shares of EnscoRowan gained 11% as the oil services giant responded positively to news from the commodity markets.

  • ECB Seen Cutting Rates in September as Draghi Reloads Stimulus
    Business
    Bloomberg

    ECB Seen Cutting Rates in September as Draghi Reloads Stimulus

    The European Central Bank will flag next month that it's ready to reduce interest rates and then deliver a cut in September as policy makers step up their efforts to revive the euro-zone economy, economists predict. The push for additional support was set in motion by President Mario Draghi last week when he said more stimulus will be needed if the outlook doesn't improve. He said prolonged uncertainty, largely driven by trade tensions, means the downside risks to growth and inflation have now materialized.

  • Why Pareteum Stock Plunged Today
    Business
    Motley Fool

    Why Pareteum Stock Plunged Today

    What happened Shares of Pareteum (NASDAQ: TEUM) plunged 20.3% on Wednesday, after the cloud-communications platform specialist found itself in the crosshairs of yet another short-selling firm. In a scathing piece this morning that effectively amplified concerns brought by short-seller Aurelius Value earlier this month, Viceroy Research suggested Pareteum "appears to be in breach of U.S. sanctions against Iran," with its services to Iran-based mobile virtual network operator Amin SMC. Viceroy elaborated that Amin SMC's chairman, Hamid Reza Amirinia, is "suspected of breaching sanctions with an Iranian government mandate to launder money for the regime."

  • 3 Top E-Commerce Stocks to Buy Right Now
    Business
    Motley Fool

    3 Top E-Commerce Stocks to Buy Right Now

    Investors seeking a promising e-commerce stock might be happy accepting those risks, giving the huge returns Stitch Fix would generate if its subscription-shopping model endures. Simplifying online homebuying Steve Symington (Zillow Group): The real estate world isn't exactly the first e-commerce category to come to mind for many investors. But Zillow Group has made its name by disrupting the real estate status quo already with its leading group of online brands, which not only includes its namesake site and apps but also Trulia, New York City sites StreetEasy and Naked Apartments, apartment and rental search site HotPads, and RealEstate.com.

  • The 2 Biggest Casualties From the Celgene-Bristol-Myers Merger (So Far)
    Business
    Motley Fool

    The 2 Biggest Casualties From the Celgene-Bristol-Myers Merger (So Far)

    Celgene (NASDAQ: CELG) and Bristol-Myers Squibb (NYSE: BMY) were scheduled to say their official "I dos" in the coming months, but this blended family isn't starting off in Brady Bunch fashion. Last week, Celgene cut ties with BeiGene (NASDAQ: BGNE), giving up its rights to tislelizumab, BeiGene's anti-PD-1 antibody since Bristol-Myers sells a competing PD-1 antibody, Opdivo. Reportedly, the contract said Celgene can't hold two PD-1 class drugs, so Bristol-Myers likely knew it wasn't going to be able to keep rights to tislelizumab when it made the acquisition offer.

  • Elon Musk’s Fortune Is Shifting Away From Tesla and Toward SpaceX
    Business
    Bloomberg

    Elon Musk’s Fortune Is Shifting Away From Tesla and Toward SpaceX

    Apart from the failure of the center booster to land on a drone ship in the Atlantic Ocean, the mission that Musk had described as SpaceX's toughest test yet had been a success. The launch underscores SpaceX's status as one of the world's most valuable closely held companies. It's worth $34 billion, according to an analysis by EquityZen, a marketplace for shares of tech firms that haven't yet gone public.

  • Pinduoduo cements position as China's second-largest ecommerce player
    Business
    TechCrunch

    Pinduoduo cements position as China's second-largest ecommerce player

    Alibaba and JD.com have been in a war over the Chinese e-commerce space for a decade or so, but a third player called Pinduoduo has managed to shake up the duopoly in recent times. According to data provider QuestMobile, Pinduoduo's daily active users have outnumbered JD's for at least the past 12 months, and it came out of the mid-year sales festival -- first popularized by JD as a counterpart to archrival Alibaba's "11/11" shopping day -- with 135 million DAUs. JD, in comparison, ended with 88 million DAUs and Alibaba's Taobao retained its top spot at 299 million.

  • Here is What Hedge Funds Think About Catalyst Pharmaceuticals, Inc. (CPRX)
    Business
    Insider Monkey

    Here is What Hedge Funds Think About Catalyst Pharmaceuticals, Inc. (CPRX)

    Hedge funds and other investment firms that we track manage billions of dollars of their wealthy clients' money, and needless to say, they are painstakingly thorough when analyzing where to invest this money, as their own wealth also depends on it. Regardless of the various methods used by elite investors like David Tepper and David Abrams, the resources they expend are second-to-none. Is Catalyst Pharmaceuticals, Inc. (NASDAQ:CPRX) a worthy stock to buy now?

  • Here is What Hedge Funds Think About Antares Pharma Inc (ATRS)
    Business
    Insider Monkey

    Here is What Hedge Funds Think About Antares Pharma Inc (ATRS)

    In this article we look at what those investors think of Antares Pharma Inc (NASDAQ:ATRS). Is Antares Pharma Inc (NASDAQ:ATRS) a bargain? Prominent investors are getting more bullish.

  • Is AK Steel Holding Corporation (AKS) A Good Stock To Buy?
    Business
    Insider Monkey

    Is AK Steel Holding Corporation (AKS) A Good Stock To Buy?

    AK Steel Holding Corporation (NYSE:AKS) was in 13 hedge funds' portfolios at the end of the first quarter of 2019. AKS investors should pay attention to a decrease in enthusiasm from smart money lately. There were 15 hedge funds in our database with AKS positions at the end of the previous quarter.

  • 40% of Americans say recession has already begun, study says
    Business
    Yahoo Finance Video

    40% of Americans say recession has already begun, study says

    A new Bankrate study shows that 40% of Americans believe the recession has already begun, and 28% of Americans don't have an emergency fund. Bankrate.com Chief Financial Analyst Greg McBride joins Yahoo Finance's Zack Guzman and Sibile Marcellus, along with Beth Comstock, former GE Vice Chair and 'Imagine It Forward' author, to discuss.