First Republic Investment Management Inc. lifted its stake in BlackRock, Inc. (NYSE:BLK) by 2.7% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 63,290 shares of the asset manager’s stock after purchasing an additiona
While U.S. equities continue their sideways skid just below the Dow 20,000 threshold — a level that has provided intractable for the last five weeks — buyers aren’t sitting still. Since the New Year, vigorous new interest has been seen in biotech stocks as hopes build for president-elect Donald Trump’s plans to repeal and replace Obamacare, potentially improving both cost....More>>>
Front Yard Residential (NYSE:RESI) issued its quarterly earnings data on Tuesday. The real estate investment trust reported ($0.51) EPS for the quarter, missing analysts’ consensus estimates of ($0.49) by ($0.02), Morningstar.com reports. Front Yard Residential had a negative return on equity of 25.77% and a negative net margin of 196.93%.
Front Yard Residential stock traded up $0.19....More>>>
Just ahead of Independence Day market closures, rumors and news abounded of mergers, from revived chatter of Walt Disney Co (NYSE: DIS) for Verizon Communications Inc. (NYSE: VZ) to new disruptions by activist investors.
Red Ventures, a privately owned data company, entered a $1.4 billion deal to acquire Bankrate Inc (NYSE: RATE). Shareholders of the content publisher....More>>>
A quick note: With the 280+ comments I received on my piece published over the weekend about selling a portion of your Apple (NASDAQ:AAPL) stock, I wanted to further clarify my position as the context is important in reading this piece. Unfortunately, many I fear read the title and glossed over the article before commenting, albeit insightful and informative commentary.
Gabelli Funds LLC raised its holdings in Starbucks (NASDAQ:SBUX) by 33.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 433,317 shares of the coffee company’s stock after acquiring an additional 109,000 shares dur
Mediterranean cuisine chain Zoe's Kitchen (NYSE:ZOES) reported a dismal start to 2018. Its restaurants had started to show signs of life at the end of last year, as has the restaurant industry overall -- comparable sales actually ticked higher by 0.6% the last three months, with April showing a
Shares of Quality Systems Inc. (NASDAQ:QSII) jumped on Friday following the company's fiscal fourth-quarter report. The provider of software and services to the healthcare industry beat analyst estimates on all fronts. The stock was up 13% at market close.