American Woodmark Corporation (NASDAQ: AMWD) shares climbed 32 percent to $131.45. American Woodmark reported purchase of RSI Home Products for $1.075 billion in enterprise value and posted upbeat quarterly earnings.
Ambarella Inc (NASDAQ: AMBA) shares jumped 18 percent to $64.03 after the company reported stronger-than-expected results for its third quarter.
Foundation Medicine Inc (NASDAQ: FMI) shares climbed 16.4 percent to $61.92 after the FDA approved the company’s FoundationOne CDx Diagnostic test for solid tumors.
Nutanix Inc (NASDAQ: NTNX) shares....More>>>
China will buy an additional $60 billion to $90 billion worth of American goods over the next several years, with agricultural products poised to benefit in the near term followed by energy and ultimately non-high-tech manufactured products, according to Morgan Stanley.
The world’s largest trading nation will likely seek a “non-disruptive approach” to reducing its record trade surplus with the U.S. by gradually increasing the share of additional goods imported from there, Hong Kong-based economists Robin Xing and Jenny Zheng wrote in a report this week. Other economists....More>>>
“The prudent see danger and take refuge, but the simple keep going and pay the penalty.” – Proverbs 27:12
It’s hard to remember an asset class or investment strategy that, while still being unfamiliar to most investors, has attracted more attention or been the subject of more debate in the financial media over the past year than “low volatility.”
See Also: Best Smart Beta ETFs for Your Investment Portfolio
Low-volatility products, mostly in the form of exchange-traded funds, are designed to track indices that are weighted toward stocks....More>>>
KBC Group NV boosted its position in Medtronic PLC (NYSE:MDT) by 2.4% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 655,442 shares of the medical technology company’s stock after purchasing an additional 15,628 shares during the period. KBC Group NV’s holdings in Medtronic were worth $52,580,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. We Are One Seven LLC acquired....More>>>
Uber (NYSE:UBER) and DoorDash (NYSE:DASH) are fierce rivals in the online food delivery market. Uber Eats, which was launched in 2014 to complement Uber's core ride-hailing business, now operates in more than 6,000 cities across 45 countries. It also acquired Postmates last December to boost it
Brother and sister Hassan and Shara (not their real names) came to America as children of immigrants. Their family settled in a suburb of Detroit. Their parents struggled to provide the necessities of life, with their mother staying at home, as was the tradition, and the