Bernstein Initiates Coverage On MLPs
After a wild ride for MLP investors over the past couple of years, Bernstein has initiated coverage on the space. Analyst Jean Salisbury has some good news and bad news for MLP investors.
Bernstein’s Fort McMurray Insurance Assessment
The latest estimates of the financial impact of the Fort McMurray Canadian wildfires suggest that the fires could cause up to C$10 billion in damages. Bernstein analyst Thomas Seidi took estimates made by leading Canadian property insurer Intact via satellite imagery and extrapolated the results of Intact’s estimates to the entire market.
Goldman: 2 Upgrades, 2 Downgrades For Gold Miners
The worst part of the three-year decline in gold prices may be over. Goldman Sachs analyst Andrew Quail has raised the firm’s price target for gold and issued two stock upgrades and two downgrades among gold miners.
Should Investors Be Worried About Tesla’s Earnings Losses?
Tesla Motors Inc TSLA 0.13% recently reported a Q1 net income loss of $75 million. While the company continues to operate in the red, the Q1 loss was relatively modest compared to Q1 2015’s net income loss of $282 million.
Where Does Disney Make Its Profit?
With a market cap of more than $173 billion, Walt Disney Co DIS 4.04% may be the largest and most-recognizable international entertainment company in the world. Most people likely think of Disney as a movie company before all else, but Disney actually has a number of extremely profitable business segments.
Survey: Growing Number Of Tech Workers Willing To Quit Their Jobs
TINYpulse just released its 2016 Tech Industry Report, a survey of more than 14,000 tech employees about job satisfaction. This year’s survey revealed some potentially disturbing trends in the technology workplace environment.
Social Media Buzz About Canada Wildfires Could Spell Bad News For Insurance Companies
The raging fires in Alberta have caused a devastating amount of damage to local residents. However, the fires could continue to burn Canadian insurance companies long after they are extinguished.
Have You Ever Wondered How Companies Like Apple And Facebook Fire Employees?
A recent discussion on Quora focused on the layoff process at large tech companies like Alphabet Inc GOOG 1.09% GOOGL 1.19%, Apple Inc. AAPL 0.97% and Facebook Inc FB 0.81%. Several commenters contributed to the discussion with their personal insights into the process.
Hedge Funds Outperformed Global Equities In April
Hedge funds outperformed global equity markets in April. According to Eurekahedge, the company’s Hedge Fund Index returned 1.12 percent in April, while the MSCI World Index finished the month up only 0.67 percent.
User Questions When Bill Ackman Had Access To Valeant Earnings
A series of emails sent by Bill Ackman, including two to former Valeant Pharmaceuticals Intl Inc VRX 5.59% CEO Michael Pearson, were posted on Twitter by @piermont_morgan on Tuesday morning. The user seems to imply Ackman was asking for and discussing non-public earnings and guidance information regarding Valeant prior to its release.