The US government is exiting the auto business. The US Treasury announced that it would sell its remaining 2.2% stake in General Motors Company (NYSE:GM) by the end of the year, ahead of consensus expectation that it would sell the stocks in 2014. Treasury officials said that the exact timetable will depend on market conditions, report Jeff Bennett and Eric Morath for The Wall Street Journal.
Platinum Partners the latest in the saga - Color me not shocked @JacobWolinsky so if SEC/FINRA etc wont act on some public info until its front page news for $1B... read more
Banks are judged largely by their net interest income (NII), which accounts for about 60% of revenue for your typical regional bank (about 40% is from fee income), but... read more
The global market for drone and the commercial applications of drone technology is booming. Grand View Research estimates that the size of the global drone market is set to grow... read more
Ken Heebner, co-founder of Capital Growth Management and portfolio manager of CGM Focus Fund, thinks bonds are especially dangerous right now, but he’s bullish on the housing market and... read more
Statoil ASA (NYSE:STO)’s operating earnings dropped 4% YoY on account of excessive depreciation and exploration expenses. Statoil recently released its accounts for 3Q2013 and revealed that its net income... read more
Bank of America has released three big Trades For 2017 and one of them in particular excites us. Buy cyclical stocks, sell defensives, buy small-caps and have an allocation to... read more
Deer Park Road believes there's a unique "opportunity to produce outsized returns," in the non-agency legacy RMBS market. Q1 2020 hedge fund letters, conferences and more RitaE / Pixabay Manager of the... read more
Verifone Systems Inc (NYSE:PAY), the international payment solution provider, released its earning report for Q4 2011 today, Monday, at 4:30 PM EST. It’s net revenues were $425 million compared with... read more
Europe's bond managers have a problem; they're struggling to find attractive investments - specifically, fallen angel bonds. Bond managers are finding it increasingly difficult to find yield in a... read more
Part 2: Deep Learning And Long-Term Investing, Structuring The Data by John Alberg and Michael Seckler, Euclidean Technologies The Setup (Revisited) In Part 1 of this series we discussed the background and... read more
The top investors are reading ValuewalkPremium.
