• Here is What Hedge Funds Think About Stanley Black & Decker, Inc. (SWK)
    Insider Monkey

    Here is What Hedge Funds Think About Stanley Black & Decker, Inc. (SWK)

    After several tireless days we have finished crunching the numbers from nearly 750 13F filings issued by the elite hedge funds and other investment firms that we track at Insider Monkey, which disclosed those firms' equity portfolios as of June 28. The results of that effort will be put on display in this article, as […]

  • Trade war pause, retail sales, bank earnings – What to know in the week ahead
    Yahoo Finance

    Trade war pause, retail sales, bank earnings – What to know in the week ahead

    The coming week’s docket of economic reports and earnings releases comes just following the Trump administration’s announcement of a partial trade deal with China late last week.

  • Is Franklin Resources, Inc. (BEN) A Good Stock To Buy?
    Insider Monkey

    Is Franklin Resources, Inc. (BEN) A Good Stock To Buy?

    Is Franklin Resources, Inc. (NYSE:BEN) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after […]

  • Hedge Funds Have Never Been This Bullish On Federal Realty Investment Trust (FRT)
    Insider Monkey

    Hedge Funds Have Never Been This Bullish On Federal Realty Investment Trust (FRT)

    With the first-quarter round of 13F filings behind us it is time to take a look at the stocks in which some of the best money managers in the world preferred to invest or sell heading into the second quarter. One of these stocks was Federal Realty Investment Trust (NYSE:FRT). Federal Realty Investment Trust (NYSE:FRT) […]

  • Barrons.com

    5 Stocks With Safe and Growing Dividends for a Low-Rate World

    Johnson & Johnson, Nucor, Illinois Tool Works, Pentair, and W.W. Grainger have kept their dividends intact and growing for years, making them solid investment considerations for a low-rate world

  • What to Expect from Q3 Earnings Season with Big Banks Set to Report?
    Zacks

    What to Expect from Q3 Earnings Season with Big Banks Set to Report?

    What to Expect from Q3 Earnings Season with Big Banks Set to Report?

  • Top Red Hat official was let go, company confirms as new CFO steps in
    American City Business Journals

    Top Red Hat official was let go, company confirms as new CFO steps in

    New Red Hat CFO Laurie Krebs comes at what could be a difficult time as it appears her predecessor was ousted from the Raleigh-based open source company - just months after it was bought out by IBM. Red Hat has confirmed the departure of CFO Eric Shander, first reported Thursday, was actually a dismissal without pay. The news came three months after IBM's $34 billion buyout of Red Hat closed.

  • Google Eyes Cloud Development in LATAM: Rivals on Its Radar
    Zacks

    Google Eyes Cloud Development in LATAM: Rivals on Its Radar

    Alphabet's (GOOGL) Google Cloud mobilizes its resources to increase headcount in LATAM. This augurs well for its deepened focus on solidifying footprint in the region.

  • Hedge Funds Aren’t Crazy About Nucor Corporation (NUE) Anymore
    Insider Monkey

    Hedge Funds Aren’t Crazy About Nucor Corporation (NUE) Anymore

    Hedge funds and large money managers usually invest with a focus on the long-term horizon and, therefore, short-lived dips or bumps on the charts, usually don't make them change their opinion towards a company. This time it may be different. During the fourth quarter of 2018 we observed increased volatility and small-cap stocks underperformed the […]

  • IBM Gears Up to Report Q3 Earnings: What's in the Cards?
    Zacks

    IBM Gears Up to Report Q3 Earnings: What's in the Cards?

    IBM's blockchain, cloud and ML capabilities, among others, are expected to have witnessed robust adoption in the third quarter. However, stiff competition and high debts may have been concerns.

  • Will Q3 Earnings Drive Dow ETF Higher?
    Zacks

    Will Q3 Earnings Drive Dow ETF Higher?

    With most blue-chip companies earnings scheduled over the coming weeks and sentiments being mixed, investors should closely monitor the movement of the Dow ETF and grab an opportunity that arises from a surge in any of the 30 stocks.

  • Hedge Funds Are Warming Up To Archer-Daniels-Midland Company (ADM)
    Insider Monkey

    Hedge Funds Are Warming Up To Archer-Daniels-Midland Company (ADM)

    We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always […]

  • FireEye Boosts Incident Response With New Mandiant Services
    Zacks

    FireEye Boosts Incident Response With New Mandiant Services

    FireEye's (FEYE) new services will allow Mandiant experts to augment a company's security team by quantifying and improving its incident response efficiency.

  • Sonoco (SON) Gears Up for Q3 Earnings: A Beat in Store?
    Zacks

    Sonoco (SON) Gears Up for Q3 Earnings: A Beat in Store?

    Benefits from acquisitions, pricing initiatives and a lower tax rate are likely to have offset the impact of inflated input costs on Sonoco's (SON) third-quarter 2019 results.

  • Franklin Pins Its Hopes for a Turnaround on Technology and Deals
    Bloomberg

    Franklin Pins Its Hopes for a Turnaround on Technology and Deals

    (Bloomberg) -- Its business model is out of fashion. Its fund family has suffered six straight years of outflows. Its stock has the lowest Wall Street ratings of any major money manager.No wonder Franklin Resources Inc.’s shares are down 48% in the last five years, and the firm, which oversaw $693 billion as of Sept. 30, has lost almost a quarter of a trillion dollars in assets since its 2014 peak.Instead of hitting the panic button, the company is betting that new technology and an $8.5 billion cash hoard for acquisitions can engineer a turnaround. Franklin is opening a financial technology incubator next week at its San Mateo, California, headquarters. And it will be savvy in hunting for deals that spur growth, according to Jenny Johnson, president and chief operating officer.“We’re going to be patient and make sure it’s the right thing to do,” she said in an interview.Johnson, whose grandfather started Franklin in 1947 and named it for an American founding father, only needs to look out her Silicon Valley office window to see how tech disrupts established businesses. Across the investing world, robo-advisers, index funds and zero-fee trades are undercutting revenue.With her brother, Chief Executive Officer Greg Johnson, she’s trying to bring the spirit of innovation inside the firm’s granite clad colonial-style buildings.On Oct. 15, Franklin will hold a ribbon-cutting for the fintech incubator on its leafy campus. In a shared work space, representatives from early-stage firms in payments, cybersecurity and other specialties will be side by side. For the host, it’s a chance to get early looks at ideas, talent and potential acquisitions, according to Rory Moore, CEO of Franklin’s partner in the operation, startup mentor EvoNexus.Random Forest“They’re really worried about their future,” Moore said. “Every month, there’s a company founded somewhere in California that’s going to completely disrupt areas of financial institutions.”If not disrupt, enhance. An example is Random Forest Capital, a startup Franklin bought last year whose machine-learning tools screen massive amounts of consumer-debt data to detect credit risks that elude traditional analysis. The insights complement but won’t replace human managers, according to Sonal Desai, Franklin’s chief investment officer for fixed-income.“We’re taking big steps where our fixed-income is going to have a competitive edge,” she said.Tech advancement alone won’t salvage the money-management industry, according to Eric Jacobson, a senior analyst at Morningstar Inc.“This is the price of being in business,” he said. “It’s hard to imagine such a thing as a silver bullet.”The question is whether change can come fast enough for Franklin’s franchises in actively run international, value and income funds.Hasenstab SlumpThe Templeton Global Bond Fund, headed by high-profile manager Michael Hasenstab, trails more than 80% of peers this year, hurt by holdings in Argentina and a misplaced bet that long-term U.S. interest rates would rise. Assets dropped to $30 billion at the end of September, less than half their peak five years earlier.Since the 2008 financial crisis, Franklin’s forte as a value investor has been challenged as growth stocks generated better results. That has put the firm on the defensive but it’s not a reason to jump ship, Johnson said.“Our job is to make sure the integrity of the investment process is pure and that value guys stick to value,” she said. “That means giving them a little bit of air cover when they’re getting beaten up.”Franklin, which went public in 1971, expanded through key acquisitions such as the 1992 purchase of Templeton, Galbraith & Hansberger Ltd. More recently the firm has been slow to change. It launched exchange-traded funds in 2014, long after rivals like State Street Corp. and Vanguard Group.Still, mergers and acquisitions aren’t a cure-all for fund companies. The stocks of Invesco Ltd. and Janus Henderson Group Plc have fallen since those firms made major strategic deals.Franklin is looking for deals that would broaden its product lines, distribution capability or geographic footprint, Johnson said. Former Citigroup Inc. executive Matthew Nicholls started in May as chief financial officer with M&A bona fides cited in the hiring announcement.Analysts’ UpgradeDeal prospects, and a selloff that has left traditional asset managers cheap, spurred JPMorgan Chase & Co. analysts led by Kenneth Worthington to upgrade Franklin to neutral last month. They cited the firm’s potential to “outperform if it acquires the right franchise.”Not everyone is as sanguine. This week, BMO Capital Markets began covering Franklin with an “underperform” tag, citing ongoing fee pressures and the industrywide active-to-passive rotation. That brought Franklin’s Wall Street ratings to eight sells, seven holds and zero buys, the lowest aggregate score in Bloomberg’s index of big investment managers.Johnson is undaunted.“We run our company thinking about the clients,” she said. “And if we run our company thinking about that, we’re going to get the stock price right.”To contact the reporter on this story: John Gittelsohn in Los Angeles at johngitt@bloomberg.netTo contact the editors responsible for this story: Alan Mirabella at amirabella@bloomberg.net, Josh Friedman, Melissa KarshFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Boasting A 23% Return On Equity, Is Leggett & Platt, Incorporated (NYSE:LEG) A Top Quality Stock?
    Simply Wall St.

    Boasting A 23% Return On Equity, Is Leggett & Platt, Incorporated (NYSE:LEG) A Top Quality Stock?

    One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...

  • FedEx makes returns at Walgreens easier just in time for the holidays
    American City Business Journals

    FedEx makes returns at Walgreens easier just in time for the holidays

    FedEx is making online purchase returns easier just in time for the holiday season by implementing label printing technology at thousands of Walgreens locations. The new service will launch nationwide starting in early November, FedEx Corp. (NYSE: FDX) said in a statement. Walgreens (Nasdaq: WBA) has been a drop-off and pickup partner with FedEx since 2017.

  • Bull of the Day: Alteryx (AYX)
    Zacks

    Bull of the Day: Alteryx (AYX)

    Bull of the Day: Alteryx (AYX)

  • MoneyShow

    Two Favorites for Value Investors

    Given our view that the economy will still muddle along and that value is the place to be, we remain sanguine about the prospects for our broadly diversified portfolios of what we believe to be undervalued stocks, asserts John Buckingham, value-oriented money manager and editor of The Prudent Speculator.

  • Hedge Funds Have Never Been More Bullish On T. Rowe Price Group, Inc. (TROW)
    Insider Monkey

    Hedge Funds Have Never Been More Bullish On T. Rowe Price Group, Inc. (TROW)

    We can judge whether T. Rowe Price Group, Inc. (NASDAQ:TROW) is a good investment right now by following the lead of some of the best investors in the world and piggybacking their ideas. There's no better way to get these firms' immense resources and analytical capabilities working for us than to follow their lead into […]

  • Were Hedge Funds Right About Finally Buying Back Walgreens Boots Alliance Inc (WBA)?
    Insider Monkey

    Were Hedge Funds Right About Finally Buying Back Walgreens Boots Alliance Inc (WBA)?

    At Insider Monkey we track the activity of some of the best-performing hedge funds like Appaloosa Management, Baupost, and Tiger Global because we determined that some of the stocks that they are collectively bullish on can help us generate returns above the broader indices. Out of thousands of stocks that hedge funds invest in, small-caps […]

  • GuruFocus.com

    US Indexes Continue Gains Thursday

    S&P; 500 gains 0.64% Continue reading...

  • Were Hedge Funds Right About Piling Into V.F. Corporation (VFC)?
    Insider Monkey

    Were Hedge Funds Right About Piling Into V.F. Corporation (VFC)?

    Is V.F. Corporation (NYSE:VFC) a good investment right now? We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably, but their consensus stock picks historically […]

  • Red Hat offers few details as CFO leaves company months after $34B IBM merger
    American City Business Journals

    Red Hat offers few details as CFO leaves company months after $34B IBM merger

    Three months after IBM closed on its $34 billion buy of Red Hat, Eric Shander, CFO of the open source firm, is no longer at the company, a spokeswoman has confirmed.

  • MarketWatch

    Eaton Vance board hikes dividend by 7%

    Eaton Vance Corp. said Thursday its board approved a 7% dividend hike. The financial services company said it will raise its quarterly dividend to 37.5 cents a share from 35 cents a share. The dividend is payable Nov. 15 to shareholders as of Oct. 31. Eaton Vance shares last traded up 0.5% at $42.48.