More and more women are breaking through the highest glass ceilings in corporate America and becoming CEOs of the largest corporations in the country. Giant U.S. companies like General Motors (GM),Reynolds American (RAI) and Campbell Soup (CPB) all currently have female CEOs.
Mark Zuckerberg wants Facebook Inc FB 0.21% to take over the digital news business. The first step in that process may be the company’s experimental “trending news” project.
It’s hard not to be envious of extremely intelligent and talented people in the business world. After all, talent goes a long way.
Talks of a global crude oil production freeze at last month’s oil producers’ meeting in Doha will likely not resume at OPEC’s June meeting. Two delegates now say that there are currently no freeze proposals on the table.
The oil and gas crisis claimed two more U.S. victims this week with Midstates Petroleum Company Inc MPOYQ 19.61% and Ultra Petroleum Corp. UPLMQ 39.5% both filing for creditor protection. The two new bankruptcies bring the total number of U.S. oil and gas victims to 59.
The latest data from TickerTags indicates that Fitbit Inc FIT 18.83% seems to have gotten it right with the launch of two brand new products in Q1. With the company set to release Q1 earnings on Thursday, social media buzz surrounding the Fitbit Blaze and the bracelet-like Fitbit Alta is overwhelmingly positive.
Popular market trades have significantly lagged the performance of less popular trades. According to Bernstein analyst Ann Larson, crowded trades have underperformed the least crowded trades by about 9.1 percent globally in the past three months.
Hedge fund Fansanara Capital believes that financial markets are currently overly optimistic about a lackluster global economy. The firm’s four “conviction ideas” for the next year are all bearish ones.
It might still be a bumpy road for a while, but Halliburton Company HAL 0.2% is well-positioned to thrive in the long-term following the breakup of its potential Baker Hughes Incorporated BHI 1.26% merger. According to JPMorgan analyst Sean Meakim, now that Halliburton is passed the Baker Hughes distraction, it can get back to focusing…
Not all ETFs sacrifice performance for diversification and safety. In fact, the Direxion Daily Natural Gas R Bull 3X (GASL), the Direxion Daily S&P Biotech Bull 3X (LABU) and the Direxion Daily Gold Miners Bull 3X (NUGT) are all up more than 30% in the past month alone.