Sally Anscombe | DigitalVision | Getty Images Company: Elanco Animal Health (ELAN) Business: Elanco is an animal health company that delivers products and services to prevent and treat disease in farm animals and pets. Its portfolio serves animals across its core species and offers products in two categories: Pet Health, which is focused on parasiticides, …
Category Archives: Investing
Investor Michael Farr is back with his top 10 stocks he’s buying for 2024, and the tilt is defensive
Traders work on the floor of the New York Stock Exchange (NYSE) on the first day back since the Christmas holiday on December 26, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images In each of the past 16 Decembers I have selected and invested personally in 10 of the …
Top Wall Street analysts like these stocks into the new year for their growth potential
The logo of Uber is seen at a temporary showroom at the Promenade road during the World Economic Forum 2023, in the Alpine resort of Davos, Switzerland, on Jan. 20, 2023. Arnd Wiegmann | Reuters The Federal Reserve’s forecast for three rate cuts in 2024 has lifted investor sentiment, but macro uncertainty can weigh on …
Cevian’s track record with banks could help the activist build value at UBS
UBS expects to complete its takeover of Credit Suisse “as early as June 12”, which will create a giant Swiss bank with a balance sheet of $1.6 trillion. Fabrice Coffrini | Afp | Getty Images Company: UBS Group AG (UBS) Business: UBS Group AG is a Switzerland-based holding company. It conducts its operations through UBS …
Continue reading “Cevian’s track record with banks could help the activist build value at UBS”
‘It’s always in people’s minds’
Several Tesla electric vehicles are parked in front of a Tesla service center in the Kearny Mesa region, in San Diego, California, U.S., October 31, 2023. Abhirup Roy | Reuters Marko Sustic has bet big on Tesla this year. The investor, who also happens to work in the European auto industry, bought Tesla shares nearly …
Generative AI on Wall Street, can help propel ‘massive’ revenue growth
Yuichiro Chino | Moment | Getty Images Like it or not, generative artificial intelligence has arrived on Wall Street — and experts expect it to transform the way firms do business. To be clear, artificial intelligence, like natural language processing and machine learning, has been used by wealth management and asset management firms for years. …
Continue reading “Generative AI on Wall Street, can help propel ‘massive’ revenue growth”
Asian family offices bet big on risk — but that could be changing
Singapore city skyline on September 18, 2016. Rustam Azmi | Getty Images News | Getty Images Asia’s family offices used to have a far bigger appetite for risks compared to their global counterparts — but that could be changing, according to a recent survey. A Citi Private Bank global survey in the third quarter of …
Continue reading “Asian family offices bet big on risk — but that could be changing”
Top Wall Street analysts favor these 3 dividend stocks for the long haul
A person walks by a CVS pharmacy store in Manhattan, New York, U.S., November 15, 2021. Andrew Kelly | Reuters Several dividend stocks had a rough year due to elevated interest rates. With the Federal Reserve signaling rate cuts in 2024, dividend stocks are expected to regain their shine. Keeping a long-term investment horizon in …
Continue reading “Top Wall Street analysts favor these 3 dividend stocks for the long haul”
Jana sees big upside in this unusual technology play serving industries like construction
Visoot Uthairam | Moment | Getty Images Company: Trimble (TRMB) Trimble is a provider of technology solutions that enables professionals and field mobile workers to improve or transform their work processes. It operates through four segments: Buildings and Infrastructure, Geospatial, Resources and Utilities, and Transportation. Stock Market Value: $12.88 billion ($51.77 a share) Stock Chart …
BlackRock, AIIB among backers of Asia-focused Seraya Partners Fund I
Wind turbine blades rotate in the tidal flat in Yancheng city, Jiangsu province, China, November 18, 2023. Nurphoto | Nurphoto | Getty Images Top global asset managers including BlackRock are among investors in an Asia-focused infrastructure private equity fund that raised $800 million, underscoring growing interest in the asset class amid market volatility. The Seraya …
Continue reading “BlackRock, AIIB among backers of Asia-focused Seraya Partners Fund I”