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Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]...
Ryan Detrick, LPL Financial Senior Market Strategist, joined Yahoo Finance's The Final Round to discuss the disconnect between the stock market and the economy and give his outlook for the market. ...
(Bloomberg) -- Royal Caribbean Cruises Ltd. sold $1 billion of bonds on Thursday, the cruise liner’s second outing in the credit market in less than a month as its seeks to boost liquidity while the coronavirus keeps ships at port.The three-year bonds sold at par with a coupon of 9.125%, significantly lower than where it priced similar debt last month. Those borrowing rates were also lower than earlier discussions of 9.25% to 9.5%, according to people familiar with the matter.The unsecured notes are structured with a similar priority guarantee as the bonds Royal Caribbean sold in May, but are linked to a different pool of seven ships valued at about $7.7 billion. Bondholders are first in line for those assets, even though they are unsecured, according to a person familiar with the matter.The company has the ability to issue $1.7 billion of debt with this structure, leaving $700 million remaining, according...
In this article we will take a look at whether hedge funds think SCYNEXIS Inc (NASDAQ:SCYX) is a good investment right now. We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, unconventional data sources, expert networks, and get tips from […]...
Matt Maley of Miller Tabak and Gina Sanchez of Chantico Global spoke on CNBC's "Trading Nation," about Walt Disney Co (NYSE: DIS).Sanchez said Disney's brand was rock solid before the pandemic and it's going to stay that way afterwards. The company has tremendous pricing power and tremendous brand value.She added that the valuation is reflecting all the positives so it's not necessarily well valued, but its balance sheet is very good and the company is a survivor.Maley believes Disney is getting overbought after the recent move higher and it could pull back. He sees support for the stock at $114 and he would be a buyer at that price level. If it drops to $100, he would buy with both hands.Disney's stock closed Thursday's session at $123.69 per share.Related Links:Disney CEO Says The World Is 'Ready To Get Back To Some Magic'Benzinga's Bulls And Bears Of The Week: Amazon, Disney, Netflix...
The cannabis sector generally took a step back after Canopy Growth (CGC) reported a disastrous quarter last week. The Canadian cannabis giant set the sector back after cannabis was generally seen in a positive light coming out of the economic shutdown due to the coronavirus. While the U.S. cannabis space is poised for a strong 2H of the year, the sector wasn’t completely unscathed during the coronavirus shutdown. A few states such as Massachusetts and Nevada closed stores during the virus outbreak hitting revenues hard in those states.While some of the large multi-state operators (MSOs) have rallied near pre-virus highs, the smaller MSOs are just now starting to rally. These stocks all trade with market values far below $1 billion and could eventually become acquisition targets from Canadian operators or new entrants into the space.The ultimate gift for shareholders could exist from the Safe Banking Act getting approved via current legislature...
