T. Rowe Price fund manager Shawn Driscoll is not convinced that the 100 percent rally in crude oil prices off of February’s lows will last. In fact, Driscoll is making a $5.2 billion bet that it won’t.
Franklin Templeton Investments, which has $740 billion in assets under management, has been making some big bets that the oil rally is far from over. WTI prices, which dipped near $26/bbl in February, have recovered to around $50/bbl in recent weeks. However, Franklin Templeton believes that prices are not yet high enough to balance the…
According to the latest data from TickerTags, Nintendo Co., Ltd (ADR)NTDOY 3.22%’s new Pokemon Go game could be a huge hit.
According to the latest data from TickerTags, Whole Foods Market, Inc. WFM 0.29% could be facing accelerating public backlash from its recently-reported FDA health code violations.
U.S. rig counts rose again for the third consecutive week last week, and Goldman Sachs analyst Damien Courvalin has updated the firm’s projections for oil production. Total rig count climbed by nine rigs last week, including seven additional vertical rigs and one additional horizontal rig. One directional rig also went offline.
The soft drink industry could soon fall under heavy pressure from lawmakers who seek to impose taxes on sugary drinks linked to a number of health issues. The regulatory headwinds facing big-name soda companies like The Coca-Cola Co KO 0.6%, PepsiCo, Inc. PEP 0.33% and Dr Pepper Snapple Group Inc. DPS 0.28% could be significant,…
Now that Donald Trump has essentially locked up the Republican presidential nomination, he is beginning the process of raising the obscene amount of money that it takes to run a general election campaign. One of the people who will be helping Trump in this fundraising effort is hedge fund manager Anthony Scaramucci.
Wal-Mart Stores, Inc. WMT 0.41% is aggressively attempting to adapt to the global shift to e-commerce, and the company’s most recent move is to abandon its plans to take on the Chinese e-commerce market alone. Instead of fighting for market share in an extremely crowded and difficult environment in China, Wal-Mart has decided to turn…
Bill Ackman has received a lot of attention this year for his huge losses on Valeant Pharmaceuticals Intl Inc VRX, but this week, Ackman has turned his attention to another big losing bet: Herbalife Ltd. HLF 0.25%.
According to the latest data from TickerTags, fresh grocery delivery could become more commonplace in years to come.