• Axsome Therapeutics, Inc. (AXSM): Are Hedge Funds Done Buying?

    Axsome Therapeutics, Inc. (AXSM): Are Hedge Funds Done Buying?Insider Monkey has processed numerous 13F filings of hedge funds and successful value investors to create an extensive database of hedge fund holdings. The 13F filings show the hedge funds' and successful investors' positions as of the end of the first quarter. You can find articles about an individual hedge fund's trades on numerous financial […]

    from Yahoo Finance https://ift.tt/2YAjnnL

  • Sysco (SYY) Stock Is Incredibly Cheap Right Now

    Sysco (SYY) Stock Is Incredibly Cheap Right NowBroyhill Asset Management, a boutique investment firm based in North Carolina, released its Q1 2020 Investor letter – a copy of which can be downloaded here. Established as a family office, the company invests with a long-term, objective, and rational perspective. You should check out Broyhill Asset Management's top 5 stock picks for investors to […]

    from Yahoo Finance https://ift.tt/3e5tmId

  • AstraZeneca, Moderna make headway on COVID-19 vaccine

    AstraZeneca, Moderna make headway on COVID-19 vaccineAstraZeneca will supply Europe with up to 400 million doses of Oxford University’s COVID-19 vaccine. Yahoo Finance’s Anjalee Khemlani weighs in.

    from Yahoo Finance https://ift.tt/3ftTufU

  • Former Nissan CEO Ghosn Was Set Up By Company Executives: Bloomberg

    Former Nissan CEO Ghosn Was Set Up By Company Executives: BloombergFormer Nissan Motor Co. Ltd. (OTC: NSANY) executives started plotting to oust Chairman Carlos Ghosn almost a year ahead of his arrest in 2018, Bloomberg reported Friday, based on internal emails and conversations with people close to the matter.What Happened According to Bloomberg, Nissan executives launched a "methodical campaign" targeting Ghosn, after he pledged to make the merger of Nissan with Renault SA (OTC: RNSDF) "irreversible" in February 2018.Former Nissan senior vice president, who acted as a whistle-blower against Ghosn, in mid-2018 told Hitoshi Kawaguchi, a senior manager at the company who managed government relations, that Nissan had to "neutralize [Ghosn's] initiatives before it's too late," Bloomberg reported.Nada told then-CEO Hiroto Saikawa around the same time that there was "no merit" in the merger between Nissan and Renault and that Ghosn "can create a major disruption and you may become a victim of it."Why It Matters Ghosn infamously escaped from Japan to Lebanon stuffed in a box late last year.The former Nissan executive has maintained that he is innocent and made claims about being framed because other executives opposed his intention to merge Nissan with the associated companies, Renault and Mitsubishi Corp (OTC: MSBHY).Ghosn was arrested in Japan in November 2018 on charges of committing financial misconduct for years, misusing the company's assets, and under-reporting his salary to the authorities.Nissan also filed a lawsuit against the executive in February, seeking $90 million in damages for breach of fiduciary duty and misusing the company's assets.Nissan Price Action Nissan shares closed 3.9% higher at $7.93 in the otc market on Friday. Renault shares closed 3.2% lower at $25.44 in the otc market the same day.Image: WikimediaSee more from Benzinga * Tesla Leads Electric Car Sales In South Korea Thanks To Model 3(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

    from Yahoo Finance https://ift.tt/3hFh1g6

  • 2 Sin Stocks to Buy in June 2020 For Massive Upside Ahead

    2 Sin Stocks to Buy in June 2020 For Massive Upside AheadBroyhill Asset Management, a boutique investment firm based in North Carolina, released its Q1 2020 Investor letter – a copy of which can be downloaded here. Established as a family office, the company invests with a long-term, objective, and rational perspective. You should check out Broyhill Asset Management's top 5 stock picks for investors to […]

    from Yahoo Finance https://ift.tt/30ITYuL

  • Bankrupt Hertz is offering used cars at a discount price

    Bankrupt Hertz is offering used cars at a discount price Yahoo Finance’s Heidi Chung breaks down the details of Hertz’s bankruptcy filings.

    from Yahoo Finance https://ift.tt/2UJMG62

  • Should You Avoid Momo Inc (MOMO)?

    Should You Avoid Momo Inc (MOMO)?The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]

    from Yahoo Finance https://ift.tt/37tJgJY

  • Nokia adds Broadcom as third 5G chip vendor to diversify supply

    Nokia adds Broadcom as third 5G chip vendor to diversify supplyField Programmable Gate Arrays (FPGAs) — for its 5G equipment that customers could reprogramme but high costs and supply hurdles last year forced it to change course. “We still stand by the decision of going with FPGAs because it was the right thing to do at that time,” Sandro Tavares, Nokia’s head of mobile networks marketing, told Reuters. Nokia, which competes with Sweden’s Ericsson and China’s Huawei [HWT.UL], had said its 5G products could not reach the market in time due to delays by one supplier, identified by analysts as Intel.

    from Yahoo Finance https://ift.tt/3ef60Qc