1151 days ago
Weighting of stocks with worst balance sheets rising fast on Russell 2000 index
The 20% of the index that have the worst balance sheets are now weighted at 11% of the index - the highest in over 20 years
1151 days ago
Is T-Mobile a buying opportunity now ?
Shares lost 2% in premarket trading after the provider said its merger with Sprint will increases costs for the company. T-mobile's recent super bowl commercials could however have a rebounding effect on its sales later this month. Source: WSJ
1151 days ago
Aon net income showcases strength in 2020
The professional-services firm that offers insurance-brokerage services on Friday posted net income of $524 million, compared with $374 million in the prior year. Earnings were $2.27 a share, compared with $1.58 a share in the year-ago period. - WSJ
1151 days ago
Global markets hit by a hug VaR shock: MS analysis
Greed seems to beat fear at the start of 2021. Hedge funds were at a record leverage a few weeks ago, long-only institutions had a record-low cash balance. In the meantime, retail investors have bought record volumes of options and pushed their margin debt to the extreme. A series of retail-orchestrated short squeezes has forced hedge funds to de-leverage, and major indices sold off 3-5%. However, according to analysts at Zerohedge, such VAR shocks usually happen in growth phases and tend to dissipate rather quickly.
1151 days ago
Estee Lauder goes digital and sees stock shares jump
For the third quarter, the company expects earnings of 99 cents a share to $1.11 a share, or between $1.10 a share and $1.20 a share when excluding restructuring and other charges. It sees third-quarter sales rising 13% to 14% from the same period last year, or up 10% to 11% excluding the effect of currency. - WSJ
