Category Archive: Finance, No picture
NASCAR Offers To Acquire International Speedway For $42 Per Share
International Speedway Corporation announced that its board of directors has received a non-binding offer from NASCAR to acquire all of the outstanding shares of Class A common stock and Class B common stock of the company, other than the shares held by the controlling shareholders of ISC, for a cash purchase price of $42.00 per […]
Corporate Debt Demand Spikes To Four-Month High Amid US Elections
Talking Points: HYG saw $1.2 billion enter the fund as investors gained confidence in the staying power of regulations passed by the Trump administration The IVV,VOO and SPY funds saw $2.2 billion in new capital on a mixed but timidly green trading week Trade wars will likely be the driving force behind next week’s ETF flows […]
Third Point Discloses New Position In American Express In Quarterly Letter
In its Third Quarter 2018 Investor Letter, Third Point reported that the Third Point Offshore fund was down 0.1% in the quarter and is up 0.6% year-to-date, stating “Underperformance forces us to take a hard look at how our process let us down and, in this letter, we will try to share with you what […]
Precious Metals Report – Friday, Nov. 9
(Video length 00:09:22) A review of today’s commodities market.
Converging Labor Trends
It was a forgettable moment. The Federal Reserve’s Chairman at the time, Janet Yellen, was asked about a key economic statistic and she just couldn’t come up with it. In September 2016, Yellen was on Capitol Hill to testify as she usually did about how things were surely getting better. Rep. Frank Guinta wanted to […]
Tesla May Enter S&P 500 Index: ETFs To Watch
Tesla (TSLA – Free Report) could become a member of the S&P 500 Index in the second quarter of next year if it manages to show sustained profitability over trailing 12 months, according to one analyst at Macquarie. Per Macquarie, Tesla fulfills all the S&P 500’s requirements except the one that calls for four quarters of […]
50 Million Empty Homes In China, Third-Home Purchases Soar
There are more than 50 million vacant homes in China. An amazing 69% of recent purchases are second or third homes. Home-buying speculation is rampant in China. Over a fifth of China’s homes are empty. That’s 50 Million Empty Apartments. Soon-to-be-published research will show roughly 22 percent of China’s urban housing stock is unoccupied, according to […]
S&P 500 Cumulative A/D Line Tracking Price
We monitor all sorts of different breadth indicators in order to get a feel for how market internals compare to moves in the major market averages, and one of the most widely followed of these indicators is the S&P 500’s cumulative A/D line. The cumulative A/D line is simply a running total of the daily […]
