|Bid||40.89 x 900|
|Ask||40.90 x 800|
|Day's Range||40.82 - 41.62|
|52 Week Range||38.65 - 46.80|
|Beta (3Y Monthly)||0.79|
|PE Ratio (TTM)||18.75|
|Earnings Date||Feb 5, 2019|
|Forward Dividend & Yield||2.80 (6.83%)|
|1y Target Est||43.11|
Bogle, who died Wednesday at age 89, also squeezed profit margins on Wall Street, which he loudly and persistently criticized for treating investors poorly. In the end, fund investors may save more than $1 trillion thanks to Bogle’s efforts, according to calculations by Bloomberg ETF analyst Eric Balchunas in 2016. Bogle was “a true believer in index funds,” Vanguard Chief Executive Officer Tim Buckley said Wednesday in an interview on Bloomberg TV.
The Chapter 11 bankruptcy would cut about $900 million of debt, Fullbeauty said in a statement Thursday. Fullbeauty expects to make the U.S. bankruptcy filing around Feb. 4 in Manhattan, according to a company representative, with the solicitation process expected to end around Jan. 24 and the completion of the process in early 2019.
Cheap stocks are few and far between. Goldman Sachs' bear market indicator - which analyzes trends in unemployment, manufacturing, core inflation, the yield curve and stock valuations - is at its highest levels since the late 1960s and early 1970s. By some metrics, such as the price-to-sales ratio, U.S. stocks are at their most expensive levels in history, even more expensive than at the top of the 1990s tech bubble. "It is particularly scary this time around," says John Del Vecchio, co-manager of the AdvisorShares Ranger Equity Beat ETF (HDGE), "because we're dealing with a historical bull market. This means that the coming bear market - and there will be a bear market again - is likely to overshoot to the downside too. There's a lot of excess to work off." Meanwhile, the Fed and other major central banks are draining excess liquidity out of the system, and growth in most overseas markets is slowing. But perhaps worst of all is that we're now coming up on the one-year anniversary of the tax cuts. That means we're no longer comparing post-tax-cut earnings to pre-tax-cut earnings, so the comparables get a lot more difficult. All the same, it's usually a mistake to sell everything and run for the hills. Many of the conditions in place today were also in place in the late 1990s. Then, as now, the Fed was getting more hawkish at a time when asset prices were exceptionally expensive, yet prices continued rising for years. Even after the bubble burst in 2000, many value investors continued to generate excellent returns for another two years. Today, let's take a look at five cheap "diamond in the rough" stocks to buy. These are five stocks that are objectively cheap enough to potentially generate respectable returns no matter what the market throws at us. SEE ALSO: 8 Stocks to Buy for 2019 (and 5 to Sell)
The Securities and Exchange Commission has penalized Fifth Street Management LLC, a defunct manager of business-development companies, for allegedly producing misleading valuations of its BDC investments and shifting its own expenses onto its investors, according to an administrative order released Monday. Fifth Street agreed to pay about $4 million including penalties, repayment and interest in its settlement with the regulator. Fifth Street executives couldn't be reached for comment.
Oaktree Capital Group, LLC announced today that Howard Marks, Co-Chairman, and Jay Wintrob, Chief Executive Officer, will present at the Goldman Sachs US Financial Services Conference on December 5, 2018 at 12:30 PM ET.
NEW YORK, Oct. 31, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Oaktree Capital Group, LLC announced today that Daniel Levin, Chief Financial Officer, will present at the Bank of America Merrill Lynch Future of Financials Conference on November 6, 2018 at 3:00 PM ET.
Oaktree Capital Management LP has invested $100 million in permanent capital in Assembled Brands, a provider of working capital to emerging consumer brands. Assembled Brands says it employs a proprietary methodology, the ABC Formula, that uses data “to understand how deep a brand’s relationship is with its consumers.” It says this approach enables it to offer capital that is less dilutive than what private-equity or venture-capital firms may require.