Tag: Yahoo Finance

Do Hedge Funds Love BanColombia S.A. (CIB)?

At Insider Monkey we track the activity of some of the best-performing hedge funds like Appaloosa Management, Baupost, and Tiger Global because we determined that some of the stocks that they are collectively bullish on can help us generate returns above the broader indices. Out of thousands of stocks that hedge funds invest in, small-caps […]...

Boeing expresses regret over ex-pilot's messages on 737 MAX software

The world's largest planemaker, plunged into a fresh crisis over the safety of the banned 737 MAX, also said it was investigating the "circumstances of this exchange" and regretted the difficulties that the release of messages presented for the U.S. Federal Aviation Administration. The FAA on Friday ordered Boeing Chief Executive Dennis Muilenburg to give an "immediate" explanation for the delay in turning over the "concerning" document, which Boeing discovered some months ago. Reuters reported on Friday that Boeing turned over instant messages from November 2016 between two employees that suggest the airplane maker may have misled the Federal Aviation Administration about a key safety system on the grounded 737 MAX....

World Economy Chiefs Flirt With the Idea of Fiscal Stimulus

(Bloomberg) -- Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Pocket Cast or iTunes.Finance ministers and central bankers from around the globe gave momentum to the idea of fiscal stimulus as the way to revive a sagging world economy. But there was little agreement on how to do so.A synchronized slowdown across almost 90% of the world economy dominated talks at the International Monetary Fund and World Bank’s annual meetings in Washington -- where officials and investors gathered the past week. Intensifying downside risks like trade conflicts were also a major topic of discussion.The warnings were loud and clear. Tharman Shanmugaratnam, senior minister in Singapore’s government, warned of “profound uncertainty” and of denial over the scale of problems facing policy makers. Billionaire hedge-fund founder Ray Dalio said the economy is in a “great sag.”With central bankers low on ammunition, the IMF said there is little room...

Boris Johnson faces frenzied week as Brexit deadline nears

British Prime Minister Boris Johnson faces a frenzied week of activity in Parliament, and possibly in the courts, as he tries to woo rebellious lawmakers in time to meet the Oct. 31 Brexit deadline. Johnson has vowed to avoid needing yet another extension to that deadline, even though he has formally asked — in distinctly unenthused tones — for a delay that is being considered by European Union leaders. British Foreign Secretary Dominic Raab told the BBC he believes Johnson has enough support to get his deal through Parliament, but added the government would keep talking with its Northern Ireland ally, the Democratic Unionist Party, to persuade it to back the deal....