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 […]...
Huawei Chief Financial Officer Meng Wanzhou is raising a new argument in a Canadian court in a bid to fight extradition to the United States on bank fraud charges, court documents released on Monday showed. Meng's lawyers claim the case that the United States submitted to Canada is "so replete with intentional and reckless error" that it violates her rights. Meng, 48, was detained in Vancouver on Dec. 1, 2018, at the request of the United States, where she is charged with bank fraud and accused of misleading HSBC Holdings Plc about Huawei Technologies Co Ltd's business in Iran....
Posted by OFX AUD - Australian Dollar The Australian dollar rallied overnight having slipped back below 0.68 US cents throughout the domestic session. Risk assets suffered early as investors grappled with reports out of the US and Beijing citing new coronavirus hotspots. In the US 20 states recorded an increase in the … Continue reading "Risk on; AUD shoots through 0.69 US cents"The post Risk on; AUD shoots through 0.69 US cents appeared first on ....
It has been a rough 12 months for Canadian cannabis player Hexo (HEXO). A pot stock that soared after cannabis became legal in Canada has been on a precipitous downward slide over the last year. Along with broader industry struggles, Hexo has been hampered by earnings misses, a shaky cash position and the resignation of its CFO - all contributing to investor disquiet and an 84% share loss.But is it possible Hexo stock has finally found the bottom? Shares have been on a tear over the past month, up by 131%, while a better than expected 3FQ20 earnings report has played its part in restoring investors’ confidence. It is also the reason why Canaccord analyst Matt Bottomley believes Hexo is taking a “step in the right direction.”In the quarter, Hexo reported net revenue of C$22.1 million, beating the Street’s call for C$20.3 million and up by 30% quarter-over-quarter. The figure was...
In this article you are going to find out whether hedge funds think MasTec, Inc. (NYSE:MTZ) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among […]...
In this article you are going to find out whether hedge funds think Cenovus Energy Inc (NYSE:CVE) is a good investment right now. We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks […]...
