|Bid||0.00 x 800|
|Ask||0.00 x 1200|
|Day's Range||52.40 - 53.58|
|52 Week Range||51.25 - 62.55|
|PE Ratio (TTM)||16.68|
|Beta (3Y Monthly)||0.66|
|Expense Ratio (net)||0.47%|
In the wake of declining shares and reduced investor confidence, Facebook CEO Mark Zuckerberg is taking on a more aggressive management style in an effort to prop up the social media giant as shares fell 5% on Monday, while exchange-traded funds (ETFs) with the heaviest Facebook allocations faltered. The Communication Services Select Sector SPDR Fund (XLC) fell 2.12%, Vanguard Telecom Services (VOX) was down 1.96% and the iShares Global Telecom (IXP) slid 1.48%. In addition, the Global X Social Media ETF (SOCL) stumbled 2.78%.
David Aurelio of Thomson Reuters is very helpful in getting good sector information on the Thomson Reuters IBES data on the 11 SP 500 sectors. David has never failed to deliver when asked a question. Recently this blog asked David about the coming ...
What Will Drive American Tower in 2018? American Tower (AMT) has grown its communications real estate portfolio through acquisitions, long-term lease arrangements, and site development since inception. By the end of 2017, American Tower signed deals to acquire tower businesses from Vodafone India Limited and Idea Cellular Limited.
This inflation report added to the risk appetite that was revived after the tariff flexibility and tepid hourly earnings growth reported in the previous week. Both the payrolls report on Friday and Tuesday’s inflation (TIP) report have increased the odds for a slower pace of rate hikes from the US Fed. In the last five weeks, markets were concerned that faster rate hikes could have an impact on the performance of businesses whose borrowing costs could increase if the Federal rates go up. The inflation report was released before the market opened, and the initial reaction was recorded in the index futures.
Later this year, Standard & Poor's and MSCI, two of the dominant providers of indexes for exchange-traded fund and index funds, will unveil changes to several major sectors as part of alterations to the ...
When you see an article about smart beta funds, the first thing that might come to your mind is what does “smart beta” mean? Its top holdings consist of oddball names like asset management group GAM Holding (OTCMKTS:GMHLF) and Aurelius Equity Opportunities (OTCMKTS:AULRF).