Tech & Comm Services
Why Gap Wants to Sell Its Merchandise on Amazon
Gap (GPS) recently announced that it will start selling merchandise on Amazon.
KKR’s Earnings Impacted by Oil Prices, High Yield Debt Investment
KKR & Co. (KKR) reported its 4Q15 earnings on February 11, 2016. The company missed Wall Street analysts’ earnings per share estimates of $0.26 per unit.
Blue Ridge Capital lowers stake in Walgreen
In 2013, Walgreen opened the nation’s first net zero energy store and is targeting energy production equal to or greater than its energy consumption.
Blue Ridge Capital exits stake in Citigroup
Citigroup posted a $3.4 billion net income, up by 8% with revenues of $19.6 billion, and the net interest margin increased to 2.91% for 3Q14.
Blue Ridge Capital increases holding in SiriusXM
The third quarter of 2014 was by far the best for SiriusXM in terms of market penetration as well as increasing revenues.
Blue Ridge raises its holding in Yandex
As of April 2014, Yandex ranked as the fourth largest search engine worldwide, with more than 150 million searches per day.
Glenview Capital increases stake in Fidelity National Financial
Glenview Capital Management added to its position in Fidelity National Financial (FNF) in the third quarter. Currently, the position accounts for 1.70% of the fund’s total portfolio.
Glenview Capital raises position in Endo International
Glenview Capital Management added to its position in Endo International Plc (ENDP) in the third quarter. Currently, the position accounts for 2.02% of the fund’s total portfolio.
Glenview Capital ups position in Pentair
Glenview Capital Management added to its position in Pentair Plc (PNR) in the third quarter. Currently, the position accounts for 2.41% of the fund’s total portfolio.
Glenview Capital opens new position in Danaher
Glenview Capital Management added a new position in Danaher Corp. (DHR) in the third quarter. The position accounted for 1.99% of the fund’s total portfolio.
Glenview Capital Management’s holdings in the third quarter
Larry Robbins’ Glenview Capital Management delivers attractive absolute returns through fundamental research and individual security selection.
Maverick Capital lowers position in Baidu, Inc.
Maverick Capital lowered its position in Baidu, Inc. in 3Q14. The position accounts for 0.36% of the fund’s total portfolio in the third quarter.
Maverick Capital exits position in Walgreen’s
Maverick Capital closed its position in Walgreen’s in 3Q14. The position accounted for 1.40% of the fund’s total portfolio in 2Q14. WAG is the largest drug retailing chain in the US.
Highfields Capital Management’s positions in 3Q14
Highfields Capital Management LP is based in Boston. The fund was founded by Jonathon Jacobson in 1998. The fund’s US long portfolio declined slightly to $12.8 billion in the third quarter.
Davidson Kempner sells position in Starbucks
Davidson Kempner closed its position in Starbucks Corporation (SBUX), which accounted for 0.68% of the fund’s 2Q14 portfolio.
New bond supply spikes on Chinese financials and Walgreens issues
In a rare week, emerging market (EMB) (VWO) borrowers were the most prolific in U.S. investment-grade bond markets.
High-grade bond supply spike triggers hope for record year
Last week was strong in terms of issuance volumes in the primary capital markets. High-quality bond issuance touched $51.3 billion across 42 issues in the week ending November 7.
Must-know: What June retail sales and reports mean for companies
The U.S. Census Bureau estimated advance U.S. retail sales at ~$439.9 billion for June, 2014.
Why apparel sales may boost April earnings for retailers like Gap
Both the International Council of Shopping Centers (or ICSC) Goldman Sachs Store Sales report and the Johnson Redbook Index report for the week ended April 5 will be released on Tuesday, April 8.
Will falling credit card debt affect stocks like Walgreens?
Consumer credit figures for February will be released by the U.S. Federal Reserve on Monday, April 7. It’s a monthly release, and the headline number for the report is total consumer debt.
The Redbook Index release indications: Discount and other stores
Pharmacy sales are not as highly impacted with the decline in the consumer spending as the sales for discount retailers.
Must-know update: Redbook Index same-store sales data released
The Redbook Index released the same-store weekly data on Tuesday, March 11, 2014.
What are the major indicators covered in the Redbook Index?
The Redbook Index tries to provide near-real-time weekly assessments of the consumer buying activity in large retail chain stores.
Energy & Utilities
Why did Viking Global Investors liquidate its position in Yahoo?
Viking Global Investors eliminated a 1.66% position in Yahoo last quarter.
Energy & Utilities
Why did Viking Global Investors establish a position in Cemex?
Viking Global Investors opened a new position in Cemex SAB de CV.
Energy & Utilities
Assessing Viking Global Investors’ positions in the fourth quarter
Andreas Halvorsen’s Viking Global Investors increased its portfolio size from $18 billion in 3Q 2013 to $21 billion in 4Q 2013.
Walkouts and strikes are gaining momentum beyond McDonald’s (MCD)
Nationwide walkouts appear to be gaining momentum, calling for action to increase the federal minimum wage that has remained stagnant since 2009.