Long-Term Major Divergence In The Toy Sector, But Why?

Hasbro, Inc. HAS 0.84% shareholders are enduring a rough day of trading on Monday, with shares down 10.3 percent after a disappointing second-quarter earnings report from the toy giant. While Hasbro narrowly topped consensus analyst earnings and revenue expectations on the quarter, traders took the opportunity to cash out of a stock that had been red hot on the…

Investors Bailing On Hedge Funds

With the S&P 500 up another 9.8 percent in 2017, investors are growing increasingly impatient with underperforming hedge fund managers. Active money managers have struggled to keep pace with the market for years now, but even some of the most recognizable money managers on Wall Street are now seeing investors bailing out of their funds.