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Follow this list to discover and track the stocks that were bought the most by hedge funds in the last quarter.
General Electric bears can't support their negative outlooks for GE stock without vastly underestimating the value of GE's massive -- and highly profitable -- aviation business.
This drug company, renewable power generator, and candymaker should provide investors with a steady stream of income in the decades to come.
Bristol-Myers Squibb (BMY) closed the most recent trading day at $45.77, moving +0.2% from the previous trading session.
Annaly Capital Management (NLY) closed the most recent trading day at $9.27, moving +0.43% from the previous trading session.
There’s a surprising acquisition coming in the gaming space and an unsurprising result in the fast-food industry.
AbbVie (ABBV) is on the hunt for their next big revenue driver as their patent for the world???s top-selling drug, Humira, is nearing its end. AbbVie just made a $63 billion deal to acquire Dublin-based Allergan (AGN) in an attempt to keep their drive alive.
In his new role at Disney, Brodlie will determine what content needs to be produced or acquired for Disney+ customers outside of the United States, according to a statement from the company. In recent years, Netflix had been luring away high-profile executives from rivals and was earlier sued by Twentieth Century Fox Film Corp for poaching employees as it built an audience of nearly 149 million global customers.
Bristol-Myers (BMY) declines as it announces to sell Otezla to settle FTC concerns, while Opdivo fails in liver cancer study.
Dealers who subscribe to Hailer application through CDK Global Inc will be able to offer rides without the customer having to install the Lyft app. Lyft, which debuted on the New York Stock Exchange a couple of months before Uber, has partnered with several companies to offer its services in a bid to gain share in a market dominated by bigger rival Uber Technologies Inc. Last week, the company struck a deal with Agero Inc to provide rides for consumers whose cars need a tow assistance, and has also become the official rideshare of Disney Parks and Resorts.
A committee of bondholders of PG&E Corp's utility unit on Tuesday proposed a bankruptcy reorganization plan that would inject up to $30 billion to help the California power provider emerge from Chapter 11 and pay off its liability from wildfires. In a filing with the U.S. bankruptcy court in San Francisco, the committee, made up of senior unsecured noteholders of Pacific Gas & Electric Co, also sought to terminate the utility's exclusive period for filing a Chapter 11 reorganization plan so the committee may file its own plan. PG&E has until Sept. 29 to file a plan.
With the help of huge subsidies and favorable policies, the Chinese government seems to be determined to keep the electric vehicle revolution in the country alive.
Last year, Square (SQ) secured a contract to lend money to eBay sellers, thereby expanding the market opportunity for its loans business. Given this arrangement, progress at eBay that can help bring more sellers to the platform bodes well for Square.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
French retail giant Carrefour has agreed to sell an 80% stake in its China operations for ~$705 million to Suning.com, an Alibaba-backed company. While China represents a massive opportunity with its almost 1.4 billion population, it has not been an easy market for foreign companies, at least when it comes to retail and e-commerce.
Recently, PG&E; (PCG) stock continued to fluctuate. The stock started the week on a lower note and lost 5.6% on June 24. Last week, the stock rose more than 24%.
Revenue for Bristol-Myers Squibb's (BMY) Opdivo has grown by a double-digit percentage YoY (year-over-year) since 2016.