Mergers & Acquisitions

Puerto Rico-based The Strategic Funds, LLC Acquires 100% Ownership Stake in Paskewitz Asset Management, LLC

Puerto Rico-based The Strategic Funds, LLC Acquires 100% Ownership Stake in Paskewitz Asset Management, LLC Through an affiliated special purchase acquisition vehicle (The Strategic Funds, LLC), The Strategic Group, P.R., LLC, a Dorado Beach, Puerto Rico-based private equity firm, has announced it has acquired all outstanding interest in Paskewitz Asset Management, a registered Commodity Trading Advisor with $135 million (as of close) in assets under management. PR Newswire DORADO BEACH, Puerto Rico, Dec. 26, 2018 DORADO BEACH, Puerto Rico , Dec […]

Stock Analysts

5 Nasdaq Composite Stocks That Braved the Index’s Bloodbath

Wall Street was afflicted by extreme volatility in 2018, following a fabulous 2017. Market volatility which first appeared in February on investors’ concerns about hyper-inflation aggravated in March, as result of the trade conflict between the United States and China. Although Wall Street had a relatively smooth run in the next six months, the situation worsened significantly in the last three months of the year fueled by a plethora of factors – yield curve inversion, the recent rate hike and the Fed’s tighter monetary stance, conflicting news related to trade war between the United States and China and concerns of a global economic slowdown […]

Stock Analysts

BP Decides to Invest in Offshore LNG Project in Africa

BP plc BP recently announced final investment decision (FID) for developing the Greater Tortue Ahmeyim project, located offshore Mauritania and Senegal. At roughly 2 kilometres below the surface of the sea, the project is touted to be the deepest offshore liquefied natural gas (LNG) development in Africa. Importantly, the investment plans for the phase 1 development of the LNG project reflects BP’s focus to capitalize on the rising gas demand for clean energy […]

Technicals

What Makes CalAmp (CAMP) a Strong Sell?

Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. […]

Technicals

Why REV Group (REVG) Could Be Positioned for a Slump

Similar to wise buying decisions, exiting certain underperformers at the right time helps maximize portfolio returns. Selling off losers can be difficult, but if both the share price and estimates are falling, it could be time to get rid of the security before more losses hit your portfolio. One such stock that you may want to consider dropping is REV Group, Inc. […]

Stock Analysts

3 Medical Stocks Likely to Emulate Illumina’s Success in 2019

The new cohort of advanced genomic therapy has taken personalized medicines to an entirely new level. With increasing emergence of life-threatening ailments across the globe, analysis of genetic variation and function has become crucial for the medical care market. This has enormously broadened the scope for companies like Illumina ILMN . […]

Stock Analysts

Liberty (LPT) Sheds Office Assets, Boosts Industrial Portfolio

Liberty Property Trust LPT has been focused on disposing its non-core properties, and using the dry powder for gaining the preferred properties across the United States. Specifically, the company is aimed at growth of its industrial platform in top tier markets and financing the same through disposition of office assets. In sync with such efforts, the company disposed five office properties comprising 335,866 square feet in Malvern, PA, for $45.8 million, according to a recently-announced 2018 capital activity update […]

Stock Analysts

Forget Halliburton, Buy These 4 Energy Stocks Instead for 2019

The Zacks Oil-Energy Sector has taken a beating this year, falling almost 20% year to date, amid various challenges including volatility in oil prices, U.S.-China trade tussle, oversupplied market and weakening demand outlook. West Texas Intermediate (WTI) started the year just above $60 per barrel of oil and touched multi-year highs of more than $76 in early October. However, the rally was pretty short-lived, with the commodity plunging more than 40% since then on fears of supply glut and economic headwinds. […]

Technicals

Akamai Technologies Enters Oversold Territory

Akamai Technologies, Inc. AKAM has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock. And for technical investors there is some hope when looking at AKAM given that, according to its RSI reading of 28.70, it is now in oversold territory […]