Saturna Capital Corporation is the investment management company of Sextant Mutual Funds. Sextant Mutual Funds recently released Q1 2020 Investor Letter, a copy of which you can download here. The Sextant Growth Fund posted a return of -15.13% for the quarter, outperforming its benchmark, the S&P 500 Index which returned -19.60% in the same quarter. […]...
Grocery chain Kroger Co (NYSE: KR) reported Thursday with first-quarter results that were highlighted by an EPS and same-store sales beat. Here's how the Street reacted.The Kroger Analysts: Wells Fargo analyst Edward Kelly maintains an Overweight rating on Kroger's stock with an unchanged $38 price target.UBS analyst Michael Lasser maintains at Neutral with an unchanged $35 price target.BofA Securities analyst Robert Ohmes maintains at Buy, unchanged $42 price target.Wells Fargo On Kroger's Q1 Kroger's stock sold off following Thursday's report, as investors found fault with the weaker-than-expected second-quarter guidance and concerning "hidden costs" in the business like the pension contribution, Kelly said in a Thursday note.Some investors seem to have concluded that Kroger in its current form "is as good as it gets" for a unionized and structurally challenged grocery chain, the analyst said. The print had multiple highlights that support a bullish stance, he said: 1\. A mid-teens quarter-to-date identical...
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]...
Saturna Capital Corporation is the investment management company of Sextant Mutual Funds. Sextant Mutual Funds recently released Q1 2020 Investor Letter, a copy of which you can download here. The Sextant Growth Fund posted a return of -15.13% for the quarter, outperforming its benchmark, the S&P 500 Index which returned -19.60% in the same quarter. […]...
Ford Motor Company (NYSE: F) scheduled its new Bronco reveal for July 9. That's O.J. Simpson's 73rd birthday -- a man remembered less for his NFL career than for the slow-speed police chase through Los Angeles of the white 1993 Ford Bronco he was riding in after being charged with the murder of his ex-wife Nicole Brown Simpson and her friend Ronald Goldman.The chase was broadcast nationally, and the image of the white Bronco coasting down the I-405 was impressed on the minds of 95 million people."I just don't know if it's a good marketing twist," Tanya Brown, Nicole's sister, told the Detroit Free Press.Ford Says Timing 'Purely Coincidental': Auto experts and analysts were just as perplexed."I gotta believe this is a mistake. Didn't anybody look at the calendar?" Autoline.tv host John McElroy told the Freep."Ford Motor Co. does not want to correlate the launch of such an iconic and important...
