U.S. Stock Plunge Picks Up Speed
U.S. stocks suffered their worst losses in four years at the end of a bruising week, as growing concern about China’s economy pushed shares in the U.S. and Europe into what money managers call a corr...
BlackRock Report: Buy Market Neutral Funds, Hard Assets In 2014
BlackRock recommends alternative investments such as market-neutral funds and hard assets like infrastructure. “Rising correlations between bonds and stocks are making well-diversified, ‘safe’ portfolios riskier than they appear. Diversification is like insurance: You do not need it until you need it.”
Genomic Health Remains Neutral - December 27, 2013
Genomic Health reported another quarter of healthy revenue growth. Total revenue climbed 12.5% year over year to $65.9 million, marginally ahead of the Zacks Consensus Estimate of $65 million.
Chipotle Kept Neutral on Mixed Q3
Chipotle’s third-quarter 2013 earnings of $2.66 per share missed the Zacks Consensus Estimate of $2.77 by nearly 4% due to increased costs and lower margin. However, earnings were up 17.2% year over year, led by higher top line.
Twitter cut to sell; analyst says rally based on "little new information"
Twitter shares were downgraded to sell by Macquarie Research analyst Ben Schachter who cut his rating, arguing that the stock has been rallying for no justifiable reason....
$BLK, BlackRock Report: Buy Market Neutral Funds, Hard Assets In 2014
Be prepared to flee overheated markets in Y 2014, investment management firm BlackRock (NYSE:BLK) cautions in a new report....
GLG Soft-Closes Market Neutral Fund
The fund, formerly helmed by star trader Philippe Jabre and now managed by Steven Roth, has crossed the US$1 billion, as Man predicted earlier this year. The firm said in 2011 that it would soft-clos...