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'Big Short' Fame Investor Drops Previous Prediction Of Trump Victory: 'The Market Is Going Straight Down' If Kamala Harris Wins White House And Democrats Sweep Congress
Friday, September 20, 2024 - 12:51am | 472‘Big Short’ famed investor Steve Eisman who is a senior portfolio manager at Neuberger Berman says that he has dropped his forecast after President Joe Biden drops out of the 2024 presidential elections. Eisman has previously predicted that former President Donald Trump would win the...
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Why Bank Stocks Are 'Uninvestable': Steve Eisman Explains Bearish Stance On Financial Sector Ahead Of JPM, Citi Earnings
Thursday, October 12, 2023 - 6:26am | 460As big banks JPMorgan Chase & Co. (NYSE:JPM), Citigroup, Inc. (NYSE:C) and Wells Fargo & Co. (NYSE:WFC) herald the start of the bank earnings season, a big short investor reiterated his bearish stance on the sector. What Happened: Banks continue to be uninvestable, said Steve Eisman,...
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Why Apple, Alphabet, Amazon Are This Analyst's Top Tech Stocks For The Second Half Of The Year
Thursday, June 29, 2023 - 1:19pm | 537Despite Big Tech's big run to start the year, Neuberger Berman's Daniel Flax still sees opportunity in a few of the mega caps heading into the back half of the year. "I continue to see select opportunities into the second half and beyond. It's driven by...
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Neuberger Analyst Expects Strong Q4 Results For Apple, Amazon, Google: Why He Would Buy The Stocks 'Right Now'
Wednesday, January 26, 2022 - 11:02am | 504High-growth tech stocks have come under pressure in recent months as investors anticipate the Federal Reserve hiking interest rates, reducing bond buying and trimming the nearly $9 trillion in assets it's holding. Neuberger Berman's Daniel Flax says ...
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2 Chamath Palihapitiya SPAC Deals Rumored: Will He Land The Year's First Deal Once Again?
Sunday, January 9, 2022 - 6:24pm | 829The 2022 year has started quietly for SPACs, with no deals announced in the first five trading days of the year. Although two new SPAC rumors have popped up since the market closed on Friday and both involve a well-known name in the SPAC space. Akili Interactive: A company that specializes in...
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These Are The Top 5G Funds
Tuesday, August 24, 2021 - 7:59pm | 784In these crazy, Covid-ridden times, it would seem that 5G’s popularity only comes from its association with conspiracy theories. However, its transformational power is equivalent to that of AI, autonomous vehicles, and outer space traveling, as it will change how we live or the jobs our...
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BlackRock Forays Into Mutual-Fund Business In China: WSJ
Saturday, August 29, 2020 - 8:59am | 371What Happened: BlackRock Inc. (NYSE: BLK), the New York-based asset management firm gets the nod from the regulators to initiate its mutual-fund business operations in China, WSJ reported. Chinese Banking and Insurance Regulatory Commission (CBIRC) approved the joint application of Blackrock and...
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Bojangles' Prices IPO At $19, High End Of Range
Friday, May 8, 2015 - 9:46am | 346Investors have shown an appetite for restaurant-related stocks, and investors will get their first look at Bojangles' Restaurants, Inc. (NASDAQ: BOJA) on Friday as shares will begin trading for the first time on the stock market. Bojangles' Restaurants has a menu that focuses on traditional...
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CNBC's Gary Kaminsky Says Wait To Step Into Ralph Lauren (RL)
Wednesday, June 16, 2010 - 1:58pm | 316CNBC contributing editor and former Neuberger Berman money manager Gary Kaminsky, posted a piece on Polo Ralph Lauren's (NYSE: RL) massive secondary offering of shares. Kaminsky spoke about the deal on CNBC's Strategy Session today as well. RL founder and CEO Ralph Lauren is divesting nearly a...
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Barron’s Explains The Importance Of Erik Fyrwarld For Nalco (NLC)
Sunday, September 13, 2009 - 8:25pm | 210Barron’s Nail A. Martin describes the arrival of Nalco’s (NYSE: NLC) current CEO Erik Fyrwarld as a key event for this water-treatment company. At the moment of his arrival the company was facing recession and had a heavy debt burden. His first task was to set a three year growth strategy with a...