Point72 Asset Management’s portfolio decreased slightly to $13.2 billion in the third quarter—compared to $15.6 billion in the second quarter. The third quarter ended in September.
Maverick Capital initiated some new positions and sold some existing positions in 3Q14. The value of its US long portfolio decreased slightly from $6.96 billion in 2Q14 to $6.83 billion in 3Q14.
In this series, we’ll discuss the key steel industry indicators that investors in steel players should watch.
Mortgage rates spent most of the summer stuck around 4.25% and only recently acknowledged the strong bond market rally. The pattern of lagging the bond market seems to be continuing.
Yesterday, the Federal Reserve ended its September FOMC meeting. It changed its language regarding interest rate normalization going forward.
Improving economic numbers confirm a strengthening economy. The GDP growth rate increased in the last two quarters. GDP grew by 4.6% in 2Q14. It grew by 3.9% in 3Q14.
There’s mistrust in the global commodity markets. From crude oil to met coal and iron ore, producers haven’t cut production. They’re waiting for others to do it first.
Along with its announcement of 3Q14 earnings, EMC also announced the acquisition of Cisco’s stake in VCE.
The demand for long-term Treasuries has gone up, while personal consumption expenditures—a measure of inflation—have stayed below policymakers’ 2% target.
Frontline Ltd. (FRO) is engaged mainly in the ownership or operation of oil tankers used to transport crude oil. It’s owned by Norwegian shipping magnate John Fredriksen.
The total value of Elliott Management’s US long portfolio increased to $8.79 billion in 3Q14 from $7.15 billion in 2Q14.
Negative real rates boosted the economy. The real interest rate is the nominal interest rate minus the inflation rate. Currently, real interest rates are in the negative territory.
Entergy Corporation (ETR) was the biggest gainer of the week ending December 12, 2014. It gained 2.2% during the week.
Capacity utilization is a good top-down macroeconomic indicator. It helps forecast the labor market, final demand, consumption, and inflation. Capacity utilization was 80.1% in November.
On October 22, EMC announced its 3Q14 earnings. The company missed profit estimates, but was able to marginally beat revenue expectations.
At the end of the day, consumers don’t start spending after recessions because they want to. They do it because they have to.
It’s important that investors understand the key aluminum industry indicators. There are several ways to play the aluminum industry. You can invest in primary aluminum producers.
Marathon Petroleum Corporation, or MPC, owns 100% of the MPLX general partnership, or GP, interests, as well as the incentive distribution rights.
In the past one year, Continental Resource’s share price has gone down by 29%. Share prices of most of the oil-heavy upstream companies have declined since June this year.
China Southern Airlines’ network connects 1,024 destinations in 187 countries, including all major cities in Asia, Europe, the United States, Australia, and Africa.