15 May, 2015 by The TZ Newswire Staff Comments Off on China, U.S. must speed up progress on investment treaty: Chinese minister
China, U.S. must speed up progress on investment treaty: Chinese minister
China and the United States must work together to speed up progress on a bilateral investment treaty, China’s Foreign Minister Wang Yi said on Saturday. Wang, speaking at a joint news conference with U.S. …
15 May, 2015 by The TZ Newswire Staff Comments Off on Hedge fund activists buy McDonald’s, but are they lovin’ it?
Hedge fund activists buy McDonald’s, but are they lovin’ it?
Jana, run by Barry Rosenstein and known as a practitioner of activist investing, took a new 125,000 share stake in McDonald’s after having sold a small position in the fourth quarter. Keith Meister’s Corvex Management LP also took a new position in the company, buying 205,000 shares. Larry Robbins’ Glenview Capital Management added a new position in McDonald’s, buying 2.9 million shares during the first quarter.
15 May, 2015 by The TZ Newswire Staff Comments Off on InsiderInsights.com Daily Round Up 5/15/15: GPRO, QCRH, PHII, MAC
InsiderInsights.com Daily Round Up 5/15/15: GPRO, QCRH, PHII, MAC
15 May, 2015 by The TZ Newswire Staff Comments Off on Weakening Dollar Boosts Large-cap Stocks
Weakening Dollar Boosts Large-cap Stocks
The falling Dollar is boosting large-caps and they are outperforming small-caps. This makes sense because large-caps are typically multinational companies that derive a good portion of their revenue abroad. The Financial Times estimates that companies in the S&P 500 generate around 40% of their revenues abroad. These foreign earnings must be converted to Dollars and a strong Dollar translates into lower earnings. A weaker Dollar, on the other hand, helps the bottom line for companies that generate revenues abroad.