A Special Situation
Emergent Capital (NYSE:EMG) is an interesting company in a unique situation. It has no ongoing operations and simply holds a portfolio of life insurance settlement benefits. Previously known as Imperial Holdings, it acquired life insurance policies from elderly clients who wished to access their equity in these policies in old age. Its business was more commonly known....more>>>
Donald Trumps election as the 45th president of the United States may have shaken the political establishment (and put a few pollsters out of business). What it hasnt done, so far, is upend the stock market. On November 9, hours after Trump clinched his stunning victory, the Dow Jones industrial average closed 1.4% higher, and Standard & Poors 500-stock index jumped 1.1%a remarkable....more>>>
American Express (AXP) is stuck between a rock and a hard place. As it battles MasterCard (MA) and Visa (V), American Express can either try to match their rewards–which will damage its returns–or stand its ground, which will make it hard to compete. Evercore ISI’s David Togut and team explain:
Credit card rewards continue to spiral skywards asAmerican....more>>>
Europes main stock benchmark finished with a small gain on Monday, with rises for commodities-related companies, French telecom SFR Group SA and Swiss software maker Temenos Group AG helping to lead the gauge higher.
The Stoxx Europe 600 ....more>>>
Can The “Tech Summit” Cause A Short Squeeze In TSLA Stock?
Tesla (NSDQ:TSLA) stock has declined by 20% YTD, massively underperforming the market. But while investors are reluctant to invest in the stock, Tesla has been one of the favorite stocks of short traders for some time now. In the latest fortnight, the short interest in TSLA stock jumped by 13% to35.68 million, a massive....more>>>