You Don’t Need to Overpay for Technology Stocks
Why You Should Follow The Tech Relationship To The Trade War
Apple, Microsoft, Intel and many other U.S. tech behemoths have relied heavily on Chinese manufacturing and now this has become a liability. How much of a liability is anybody’s guess as the political backdrop continues to change and intensify pressure.
Pipeline Stocks Are Quietly Recovering
Game On: How To Access Exciting Video Game Trends
Video games is one of the fastest-growing forms of entertainment in the world and exchange traded funds, such as the Roundhill BITKRAFT Esports & Digital Entertainment ETF NERD, stand ready to satisfy investors’ appetites for that growth.
UK Sparks: Metro Bank Chairman To Step Down
Metro Bank founder and chairman Vernon Hill is to step down from his role with immediate effect. Mr Hill will remain a non-executive director until December 31 and has been given the honorary position of emeritus chairman to recognise his “extraordinary contribution” to the company. Senior independent director Sir Michael Snyder, a former managing partner at accountants Moore Kingston Smith, has been appointed interim chairman with immediate effect.
Feud, Glorious Feud
British medical equipment company Smith & Nephew lost its CEO on Monday. Please sir, he just wanted some more than the $6 million he was on…Smith & Nephew hired Namal Nawana in May of last year. But Nawana’s previous job paid him almost double what he was going to make in 2019, and he’s spent the last few months arguing with the company about it. British investors are notoriously reluctant to pay bumper salaries.
Five Questions: Factor Timing with Nicolas Rabener
Factor timing is a pretty controversial topic in the quantitative investing world. On one hand, we are all taught that we should buy low and sell high, so it seems intuitive to add exposure to factors that are out of favor. But in reality, it isn’t that simple and factor timing is much more difficult than it would seem in theory.
Early Look: Tuesday, October 22, 2019
Stock futures are little changed, trading flat as markets prepare for a heavy dose of earnings results today (and week) among the busiest of the quarter. Stocks are looking to add to yesterday’s gains after stocks advanced as the U.S. offered a positive outlook on Phase 1 of a possible trade agreement with China.
Stocks Will Continue to Push The Envelope on October 22
UK Sparks: Reckitt Benckiser Cuts Growth Forecast
Healthcare and hygiene consumer products company Reckitt Benckiser Group has cut its forecast for full-year revenue growth for the second time after a “disappointing” and “slow” third quarter. Reckitt, whose brands include Dettol, Nurofen, Durex, and Cillit Bang, first reduced its revenue guidance in July.
This Footwear Stock Can Keep Running Higher
What’s on Tap Weekly Calendar: October 21-25, 2019
Monday October 21st – Economic Calendar: No Major Economic Data Released; Earnings Calendar: Earnings Before the Open: CBU, HAL, LII, ONB, PETS, SMBK; Earnings After the Close: ACC, AMTD, BXS, CDNS, ESFC, FBK, HLX, HMST, HOPE, HSTM, HXL, SFBS, TACO, WASH, WSFS, ZION
UK Sparks: Smith & Nephew Replaces Chief Executive
Medical equipment maker Smith & Nephew has announced that chief executive Namal Nawana is to step down “by mutual agreement” at the end of this month to “pursue other opportunities outside of the UK”. He will be succeeded by non-executive director Roland Diggelmann, a former chief executive of Roche Diagnostics. Mr Diggelmann says it is “an exciting time for the business,” adding that he has seen as non-executive director “the strength of the group’s people and its portfolio of leading technologies”.
Visa’s in Charge
A Defining Moment For US Small-Cap Stocks
The Barriers to Investing in Private Equity Are Too High
Japanese Equities: Still In The Doldrums
Tug of War Between Stocks and Bonds Rages On
More Lessons from WeWork
UK Sparks: LSE Registers 12% Income Growth
London Stock Exchange Group shook off the disruption of an unsuccessful $39bn takeover approach by Hong Kong Exchanges and Clearing to grow third-quarter total income by 12% to £587m. Over the first nine months of this year, total income was up 9% at £1.7bn. LSE saw a robust performance across the group, with its LCH clearing business growing strongly and FTSE Russell increasing subscription revenues.
Morgan Stanley Cuts ServiceNow Rating, Slack’s Target Amid Software Correction
Morgan Stanley sees unfavorable risk/reward for a lot of the “high fliers in software”Shares of ServiceNow (NOW) and Slack Technologies (WORK) are under pressure on Wednesday after Morgan Stanley analyst Keith Weiss downgraded the former to Equal Weight and lowered his price target on the latter to $28. Weiss believes ServiceNow is facing increasing near-term risks, while mixed second quarter results, increasing competition, weakening IT spending environment, and mixed commentary from management around converting free users to paying ones likely limit the multiple investors are willing to pay for Slack.
The Stock Market May Be Poised For A Big Break Out on October 17
Looking Back at a Standout Sector Rotation in 2019
Morning Insights: October 17, 2019
Early Look: Thursday, October 17, 2019
Stock futures are rising, tracking gains in Europe after leaders in Europe said the UK and EU reached a deal on Brexit. The British Pound jumps over 0.5% topping the 1.29 level, its highest levels since mid-May, while the euro also rises against the dollar. In Asian markets, The Nikkei Index fell -21 points to 22,451. the Shanghai Index was little changed at 2,977 and the Hang Seng Index rose 184 points to 26,848.
UK Sparks: WH Smith Buys US Retailer For $400m
WH Smith has agreed to acquire US travel retailer Marshall Retail Group for $400m. The purchase will be partly funded by a proposed placing of new shares to raise about £155m. WH Smith says the deal is a “compelling opportunity to accelerate the growth of its international travel business in the $3.2bn US airport retail market.