Oppenheimer's top strategist John Stoltzfus urges investors to concentrate on fundamentals instead of the noise. : One of the market's biggest bulls is urging investors to concentrate on fundamentals instead of the noise associated with geopolitical risks. Oppenheimer's John Stoltzfus notes stocks are showing "remarkable resilience" in an environment that bodes well for gains. "Stocks have gotten through this period in relatively good shape considering we've had two separate 10 percent pullbacks with a short recovery pace in between," the firm's chief investment strategist said Friday on CNBC's "Trading Nation."
He invested with Martin Shkreli, and paid the price. George Yaffe of Massachusetts sank $100,000 into Shkreli's hedge fund, Elea Alpha, in 2007 at the urging of his son, Lee, who was pals with the then-future felon, court papers state. But the investment never paid off, and Shkreli failed to return the cash, though he...
The United States Treasury is analyzing options on further restricting investments into "sensitive" sectors, such as technology and defense, in the United States from Chinese state-owned capital. The U.S. Commerce Department, under the export control regime, banned U.S. companies from selling parts to ZTE Corporation, a Chinese telecommunications manufacturer, for seven years. [ Content protected [...]
Chinese investment in senior housing in the United States has slowed to a trickle following a $1 billion-plus buying spree over the past few years. Chinese investors haven't made a transaction in U.S. senior housing worth more than $2.5 million since the first quarter of 2017, according to data from Real Capital Analytics cited in Senior Housing News. Since the beginning of 2014, Chinese investors bought about $1.4 billion worth of senior housing properties in [...]
Och-Ziff Capital Management Group's chief financial officer, Alesia Haas, has resigned from the hedge fund firm to become CFO at cryptocurrency company Coinbase. While Haas has already started her new role, she will be helping Och-Ziff with a transition period through June 1, according to a statement posted April 17 on Coinbase's website. Och-Ziff announced the same day that it hired Thomas Sipp, previously a managing partner at venture firm Magis Partners, to replace her as CFO.
Data is the lifeblood of the modern corporation, yet acquiring, storing, processing, and analyzing it remains a remarkably challenging and expensive project. Every time data infrastructure finally catches up with the streams of information pouring in, another source and more demanding decision-making makes the existing technology obsolete. Few cities rely on data the same way [...]
Country's largest lender SBI today said it has saved Rs 125 crore in the last eight years by putting up 10 windmills, and expects to save Rs 30 crore annually through its renewable energy investments. The bank has installed 10 windmills having a capacity of 1.5 MW each, including six in Maharashtra, three in Tamil Nadu and one in Gujarat since 2010 and saved over Rs 125 crore in energy costs, an official statement said.
Energy generated through these renewable sources is solely for captive use by bank's various offices and branches across the country, making them free of any carbon emission, it said.
The Alberta Investment Management Corporation (AIMCo) posted its performance for the 12-month period trailing December 31, 2017, which saw its overall assets grow by 8.4% - or C$ 8.0 billion (US$ 6.1 billion) - to C$ 103.7 billion (US$ 82.3 billion). This represents returns net-of-fees on its C$ 88.2 billion (US$ 70.3 billion) worth of [...]
This man says he's done everything right, but still loses sleep over his finances. : Over the past 25 years, my wife, 47, and I, 46, have both held professional careers, making well above the average income. Our home, purchased in 1998 for $84,000, and after $50,000 plus of upgrades and additions, is valued at $185,000. We have invested our money, maxing out 401(k)s and IRAs (including Roth IRAs) when we could. We have made investing mistakes, but we have learned from them.