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
In any long-term diversified portfolio, international stocks not only have a place, they should be represented by as much as 10% to 15% of your investment.
The reason is not merely diversification, but because international stocks do not always correlate directly to the performance of the U.S. market. You want to have stocks that aren’t correlated to smooth out volatility.
GCP Applied Technologies (NYSE:GCP) – Equities researchers at Jefferies Group upped their Q2 2018 earnings per share (EPS) estimates for shares of GCP Applied Technologies in a research report issued on Tuesday, May 8th. Jefferies Group analyst L. Alexander now anticipates that the construction company will earn $0.41 per share for the quarter, up from their prior forecast of $0.37. Jefferies....More>>>
Emerging markets were a brutal place to invest in 2014 and 2015.
While the S&P 500 gained more than 12% in that time, iShares Emerging Markets (NYSEARCA:EEM) fell into a bear market, declining 20%. That weakness was driven by a perfect storm of a strong dollar, falling commodity prices and slower than expected growth in China.
Shares of optical component companies have dropped today, includingOclaro (NASDAQ:OCLR), Acacia (NASDAQ:ACIA), Lumentum (NASDAQ:LITE), and Finisar (NASDAQ:FNSR), whose shares were down 11%, 11%, 6%, and 3%, respectively, as of 3:30 p.m. EDT, after the U.S. broadened its investigation regarding compliance with sanctions programs.
Shares of Baidu(NASDAQ:BIDU)were hitting all-time highs last week, but after they tumbled 15% over the past three trading days, it's easy to wonder if they will be revisiting Wednesday's high-water mark anytime soon. China's leading search engine has seen its stock come under pressure after its
Baidu (NASDAQ:BIDU) shares gapped down before the market opened on Monday . The stock had previously closed at $243.64, but opened at $253.01. Baidu shares last traded at $243.57, with a volume of 10970198 shares changing hands.
A number of research analysts have recently commented on B
Despite being a dominant player in the fast-growing internet space in China, Baidu (BIDU) consistently trades at a discount to American peers. The departure of a key executive and an analyst downgrade provide another gift to own this stock on a $25 dip and at levels from back in 2014.