The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]

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(Bloomberg) — Apple Inc. is preparing to announce a shift to its own main processors in Mac computers, replacing chips from Intel Corp., as early as this month at its annual developer conference, according to people familiar with the plans.The company is holding WWDC the week of June 22. Unveiling the initiative, codenamed Kalamata, at the event would give outside developers time to adjust before new Macs roll out in 2021, the people said. Since the hardware transition is still months away, the timing of the announcement could change, they added, while asking not to be identified discussing private plans.The new processors will be based on the same technology used in Apple-designed iPhone and iPad chips. However, future Macs will still run the macOS operating system rather than the iOS software on mobile devices from the company. Bloomberg News reported on Apple’s effort to move away from Intel earlier this year, and in 2018.Apple is using technology licensed from Arm Ltd., part of Japanese tech conglomerate SoftBank Group Corp. This architecture is different from the underlying technology in Intel chips, so developers will need time to optimize their software for the new components. Cupertino, California-based Apple and Santa Clara-based Intel declined to comment.This will be the first time in the 36-year history of the Mac that Apple-designed processors will power these machines. It has changed chips only two other times. In the early 1990s, Apple switched from Motorola processors to PowerPC. At WWDC in 2005, Steve Jobs announced a move from PowerPC to Intel, and Apple rolled out those first Intel-based Macs in January 2006. Like it did then, the company plans to eventually transition the entire Mac lineup to its Arm-based processors, including the priciest desktop computers, the people said.Read more: Apple Aims to Sell Macs With Its Own Chips Starting in 2021Apple has about 10% of the PC market, so the change may not cut into Intel sales much. However, Macs are considered premium products. So if the company moves away from Intel for performance reasons it may prompt other PC makers to look at different options, too. Microsoft Corp., Samsung Electronics Co. and Lenovo Group Ltd. have already debuted laptops that run on Arm-based chips.Apple’s chip-development group, led by Johny Srouji, decided to make the switch after Intel’s annual chip performance gains slowed. Apple engineers worried that sticking to Intel’s road map would delay or derail some future Macs, according to people familiar with the effort.Inside Apple, tests of new Macs with the Arm-based chips have shown sizable improvements over Intel-powered versions, specifically in graphics performance and apps using artificial intelligence, the people said. Apple’s processors are also more power-efficient than Intel’s, which may mean thinner and lighter Mac laptops in the future.Apple’s move would be a highlight of this year’s WWDC, which will be held online due to the Covid-19 pandemic. Because of the fluid nature of the global health crisis and its impact on Apple’s product development, the timing of the chip announcement could change.At the conference, Apple is also readying updates to its other operating systems — iOS, iPadOS, tvOS and watchOS — with changes to augmented-reality capabilities, deeper integration with outside apps and services, and improved Apple Watch fitness features. A big priority is improving the performance of its mobile software after last year’s release, iOS 13, suffered from several issues.The company is working on at least three of its own Mac processors, known as systems-on-a-chip, with the first based on the A14 processor in the next iPhone. In addition to the main central processing unit, there will be a graphics processing unit and a Neural Engine for handling machine learning, a popular and powerful type of AI, the people said. In the past, Apple has made chips for specific Mac functions, such as security.Read more about Apple’s upcoming Mac chips here.Intel has faced more competition as its lead in production technology — a key way to improve semiconductor performance — has slipped. Taiwan Semiconductor Manufacturing Co. makes processors for many of Intel’s rivals using a more advanced process.TSMC will build the new Mac processors using a 5-nanometer production technique — the same approach as for the next iPhones and iPad Pros. Intel rivals Qualcomm Inc. and Advanced Micro Devices Inc. also use TSMC to make their chips.The Apple chip project has been in the works for several years and is considered one of the company’s most secretive efforts. In 2018, Apple successfully developed a Mac chip based on the iPad Pro’s processor for internal testing, giving the company confidence it could announce such a shift this year.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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Tailored Brands Inc., (TLRD) is reportedly mulling to file for bankruptcy proceedings as demand for new suits stalled during the coronavirus lockdown period which ordered most office workers to stay at home.The stock declined 1.2% to $1.66 in pre-market trading after dropping 9% on Monday.According to a Bloomberg report, the retailer and its advisers are approaching interested parties about restructuring its debts of more than $1 billion. One scenario is a Chapter 11 filing, which would allow Tailored Brands to keep some of its stores operating while other weaker locations would close down to satisfy its creditors.At the same time, Tailored Brands is still looking for alternative forms of financing. The restructuring plans could depend on market conditions and the outlook for stores to re-open, according to the report.Sales have been dented because shoppers had to stay at home during the pandemic, and canceled events such as weddings and other celebrations, curtailed the need for formal wear. The outbreak of the pandemic could not have come at a much worse moment for Tailored Brands, which has seen sales declining every year since 2016 due to changing consumer tastes and e-commerce rivals.Last month the retailer said it would reopen 300 stores by Memorial Day. CEO Dinesh Lathi said in early May that the company was taking “aggressive” measures to preserve liquidity, including furloughing or laying off a majority of corporate staff and distribution employees, borrowing from its credit facility and extending payment terms with suppliers, vendors and landlords. The dividend was suspended in September.Debt issued by its Men’s Wearhouse has cratered to deeply distressed levels since March, with some of its bonds trading below 30 cents on the dollar after sitting near par in February. Meanwhile, shares have this year lost more than 50% of their value.The stock has a Hold analyst consensus with a $1.50 average price target, which indicates 11% downside potential over the coming year.  Related News: Macy’s Spikes 15% After-Hours On New Financing Deal Syracuse Is Said To Be In Talks To Buy Bankrupt J.C. Penney; Shares Leap 55% Buckle Down Says Street, As Stitch Fix Sinks 7% Post-Print More recent articles from Smarter Analyst: * Tesla CEO Elon Musk Sees Model Y Facing Production Challenges * Lululemon Earnings Preview: Will LULU Live Up To The Hype? * Soleno Plunging 48% In Pre-Market On Obesity Study Failure * Scotts Micracle-Gro Spikes 6% In Pre-Market After Raising 2020 Sales Guidance

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Whilst it may not be a huge deal, we thought it was good to see that the Cellectar Biosciences, Inc. (NASDAQ:CLRB…

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Stocks futures fell Tuesday morning, following global equities lower and pausing after a solid rally over the past several sessions.

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Companies Reporting Before The Bell • Tiffany Inc. (NYSE:TIF) is expected to report quarterly earnings at $0.03 per share on revenue of $700.79 million.• Conn's Inc. (NASDAQ:CONN) is estimated to report quarterly earnings at $0.32 per share on revenue of $300.19 million.• HD Supply Holdings Inc. (NASDAQ:HDS) is expected to report quarterly earnings at $0.54 per share on revenue of $1.38 billion.• Signet Jewelers Inc. (NYSE:SIG) is expected to report quarterly earnings at $2.87 per share on revenue of $879.49 million.• Genesco Inc. (NYSE:GCO) is expected to report quarterly earnings at $2.02 per share on revenue of $317.80 million.• Brown Forman Inc (NYSE:BF.B) is expected to report quarterly earnings at $0.28 per share on revenue of $687.08 million.• FuelCell Energy Inc. (NASDAQ:FCEL) is estimated to report quarterly earnings at $0.07 per share on revenue of $15.55 million.• Movado Group Inc. (NYSE:MOV) is estimated to report quarterly earnings at $0.20 per share on revenue of $81.00 million.• Quotient Inc. (NASDAQ:QTNT) is estimated to report quarterly earnings at $0.34 per share on revenue of $7.93 million.• Wanda Sports Group Co Inc. (NASDAQ:WSG) is expected to report quarterly earnings at $0.53 per share on revenue of $120.04 million.• Lovesac Inc. (NASDAQ:LOVE) is expected to report quarterly earnings at $0.67 per share on revenue of $47.20 million.View more earnings on BF Companies Reporting After The Bell • AMC Entertainment Inc. (NYSE:AMC) is expected to report quarterly earnings at $1.52 per share on revenue of $951.43 million.• GameStop Inc. (NYSE:GME) is estimated to report quarterly earnings at $0.46 per share on revenue of $1.09 billion.• Five Below Inc. (NASDAQ:FIVE) is estimated to report quarterly earnings at $0.29 per share on revenue of $239.98 million.• Verint Systems Inc. (NASDAQ:VRNT) is expected to report quarterly earnings at $0.68 per share on revenue of $323.29 million.• Concrete Pumping Holdings Inc. (NASDAQ:BBCP) is estimated to report quarterly earnings at $0.07 per share on revenue of $72.77 million.• None Inc. (None:BPMX) is estimated to report earnings for it's first quarter.• Chewy Inc. (NYSE:CHWY) is estimated to report quarterly earnings at $0.16 per share on revenue of $1.53 billion.• Iteris Inc. (NASDAQ:ITI) is estimated to report quarterly earnings at $0.01 per share on revenue of $31.18 million.• Lakeland Industries Inc. (NASDAQ:LAKE) is expected to report quarterly earnings at $0.15 per share on revenue of $27.76 million.• Limoneira Inc. (NASDAQ:LMNR) is expected to report quarterly earnings at $0.04 per share on revenue of $40.70 million.• Senseonics Holdings, Inc. Common Stock Inc. (AMEX:SENS) is estimated to report quarterly earnings at $0.13 per share on revenue of $930.00 thousand.See more from Benzinga * 13 Communication Services Stocks Moving In Monday's Pre-Market Session * Stocks That Hit 52-Week Highs On Thursday * Stocks That Hit 52-Week Lows On Wednesday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Top news and what to watch in the markets on Tuesday, June 9, 2020.

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General Electric Co. (GE) said it reopened portions of its prior debt offerings as it seeks to raise $3 billion in total proceeds to bump up its cash buffers to cope with the coronavirus crisis.The company said the reopening was in “response to a reverse inquiry from a long-term strategic investor”. Shares rose 7.4% to $8.46 on Monday.GE expects to use these proceeds to reduce shorter-duration debt, including repaying a portion of GE’s intercompany debt obligations to GE Capital and lower GE Capital’s outstanding debt obligations.“The combination of transactions is expected to be leverage neutral over time,” the company said in a statement.The move builds on a number of recent leverage-neutral actions that have improved GE’s near-term liquidity by extending $4.2 billion of industrial maturities and $4.4 billion of capital maturities to date. The company added that it remains committed to achieving its leverage goals over time.Upon closing of the two offerings, both the GE notes and the GE Capital notes will rank pari passu with the outstanding existing and future senior unsecured debt of GE, the company said. Both offerings are expected to close on June 15 subject to satisfaction of customary closing conditions.Shares in GE have been hit hard this year, dropping almost 30%. The decline is mostly on account of GE’s heavy dependency on the commercial aviation sector, which has come to an almost standstill during the coronavirus pandemic. GE announced last month that it is cutting 25% of the workforce at its aviation unit, which makes engines for Boeing (BA) and Airbus.Meanwhile Citigroup analyst Andrew Kaplowitz this month kept a Buy rating on the stock with a $8 price target amid optimism that a recovery at GE Healthcare could be underway as COVID-19 supports an acceleration of the adoption of healthcare digital tools.After hosting a virtual meeting with GE Healthcare CEO Kieran Murphy, the analyst tells investors that healthcare demand trends are improving faster than expected with China, in particular, largely "normalized".Kaplowitz believes that longer-term, the "margin expansion runway in the business could remain substantial".As the coronavirus pandemic is forcing a change in certain clinical practices, GE’s digital products related to remote patient monitoring and healthcare workflow have been amongst the tools deployed in dealing with the pandemic, Kaplowitz added.The Street’s rating outlook for GE is currently split with 8 Buy and 7 Hold ratings, adding up to a Moderate Buy consensus. The average analyst price target of $8.66 per share indicates shares have a mere 2.4% upside potential over the coming year, following some recovery over the past month. (See GE stock analysis on TipRanks).Related News: Airbus Gets No New Aircraft Orders In May Amid Aviation Crisis Boeing CEO Says ‘Likely’ A Major Airline Could Fold In 2020 Colombian Carrier Avianca Files for Bankruptcy Protection Due to Coronavirus Woes More recent articles from Smarter Analyst: * Soleno Plunging 48% In Pre-Market On Obesity Study Failure * Scotts Micracle-Gro Spikes 6% In Pre-Market After Raising 2020 Sales Guidance * IBM Makes Surprise Exit From Facial Recognition Business * Macy’s Spikes 15% After-Hours On New Financing Deal

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(Bloomberg) — As a sense of euphoria sweeps through global equity markets propelling stocks to regain $21 trillion in value from a March low, the asset class is looking increasingly frothy.While stock luminaries who had advocated for a bull zone look like winners in hindsight, the debate goes on about whether the rally is a bear market bounce, doomed to end. Asia still looks set to end the day with a gain, but stocks in Europe have turned lower, poised for the worst performance in more than a week.Global equities have climbed back to levels last seen in February, when the coronavirus began spreading rapidly outside of China. The 42% surge from a March low is the best advance over an equivalent time-frame since 2009 for the MSCI ACWI Index that includes stocks in both the emerging and developed world. The gauge is now trading at 20 times next year’s profits, the most expensive since 2002.“This rally is a function of government support being thrown behind the economy,” said Paul Sandhu, head of multi-asset quant solutions and client advisory for Asia Pacific at BNP Paribas Asset Management. “There are key risks that could lead to more volatility ahead over the short term, which is why we continue to hedge our portfolios on the downside while still looking for opportunities to add risk for the medium to long term.”So far bulls are in charge. U.S. stocks just crossed an important psychological milestone of recouping this year’s losses. Asia’s equity benchmark is having its seventh straight day of gains, the longest streak in more than two years. And European shares are on course for the best monthly gain since 2009.Factors including a wall of money from the guardians of global economies, the easing of lockdowns and the shockingly positive employment numbers in the U.S. are drawing more buyers to participate, picking up cheaper sectors and adding more fuel to the rally. Yet caution still abounds with some investors increasing hedges for potential volatility ahead.“The risk of a correction will rise if investors continue to price in a rapid recovery, especially for sectors that are vulnerable to another wave of infections or an escalation of tensions between the U.S. and China,” said Tai Hui, chief Asia market strategist at JPMorgan Asset Management.In another sign that the rally is stretched, global share-price gains in the past month have purely come from multiple expansion as earnings forecasts have barely budged since May. Adding to that is the fact the MSCI world measure has been in overbought territory since the start of the month, with the relative strength gauge on the index reaching the highest since January, which is considered a bearish signal by some.Meanwhile, speculative excess has surged to the highest in at least 20 years among U.S. options traders, a negative for stocks over the medium term, according to Sundial Capital Research Inc. And a time-honored strategy of hedging stocks with government bonds has become questionable now that bond yields have plummeted thanks to policy easing across the world.“If everyone is holding stocks just to pass on to the next greater fool, and if the greatest fool is a central bank with infinite liquidity to buy them, then, yes, prices will keep going up,” according to a note from Rabobank on Tuesday.(Adds market performance in second paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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