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All-Star Fund Manager Chris Davis Has Own ETF Splash

The exchange traded fund industry is filled with index based products but indexing is not always exciting There are not a lot of personalities in the ETF business but the industry just got a rockstar Christopher Davis Portfolio Manager and Chairman of Davis Funds who is also one...
Posted On 13 Jan 2017

PowerShares Launches Ultra-Short-Term Bond ETF, Cash Alternative

Invesco PowerShares has debuted an ultra short term Treasury bond exchange traded fund that catered toward investors in need of posting collateral or a safe haven to park their cash On Thursday PowerShares rolled out the PowerShares Treasury Collateral Portfolio NYSEArca CLTL...
Posted On 13 Jan 2017

Dow Jones Industrial Average Drops Ahead of Earnings Season; Nasdaq Snaps Win Streak

The 160 Dow Jones Industrial Average DJIA spent the day in the red down more than 180 points at its intraday low but managed to pare the majority of these losses by the close Traders continued to mull over Wednesday s press conference from President elect Donald Trump Source
Posted On 13 Jan 2017

How 8×8, Inc. Gained 27% in 2016

What happened Shares of 8×8 NASDAQ EGHT rose 26 6 in 2016 according to data from S amp P Global Market Intelligence So what The provider of internet based voice and communications services put together a remarkable financial record last year 8X8 beat Source
Posted On 12 Jan 2017

Does Bank of Americas Stock Really Have 50% Upside?

Bank of America s stock seems to have only one direction to go Image source iStock Thinkstock Mike Mayo a longtime bank industry analyst thinks big bank stocks still have a lot of room to run despite surging 30 in the wake of the presidential election We see 50 upside for Source
Posted On 12 Jan 2017

Intel Corporation Executive Wants to Rename Its Next Big Manufacturing Jump

At the J P Morgan 15th Annual Tech Forum Intel NASDAQ INTC 160 client computing group CCG chief Navin Shenoy offered up some insights about his business unit the company s largest by revenue Image source Intel Near the end of his presentation Shenoy Source
Posted On 12 Jan 2017

Hopeful Russia Will Find President Trump Double-Edged

DailyFX com Talking Points Russia has perhaps more reason than most nations to welcome the Trump era At face value Trump always had more to offer Moscow than Hillary Clinton But Moscow still has plenty to fear from a more protectionist United Source
Posted On 12 Jan 2017

World Bank’s 2017 Growth Outlook More Positive, 2016 Disappoints

DailyFX com Talking Points The World Bank released their 2017 global growth forecasts 2016 economic output grew 2 3 the slowest since the global financial crisis This year is expected to accelerate to a 2 7 pace which would be fastest since Source
Posted On 12 Jan 2017

Why Workday Inc. Stock Popped Today

IMAGE SOURCE Workday Inc What happened Shares of Workday Inc NYSE WDAY climbed 9 9 on Wednesday after the company announced that Wal Mart NYSE WMT has purchased a subscription to its Workday Human Capital Management Recruiting Learning and Planning Source
Posted On 12 Jan 2017

Warner, Sony Increase Investment in Asian Video Firm Hooq

Warner Bros and Sony have increased their investments in Hooq a South East Asian video streaming platform Hooq is raising a total of 25 million of additional capital The two studios are minority partners in the two year old venture which is predominantly owned by Source
Posted On 12 Jan 2017