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Workers Give Up Billions In Retirement Gains By Rolling Over Into Cash Holdings
Thursday, July 25, 2024 - 9:12am | 510Workers often forego billions of dollars in gains that they could have made off their retirement plans. Why? They unknowingly roll their savings into cash holdings instead of new investments after they switch jobs. When a 401(k) balance from an old company’s plan is rolled over into an...
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Merrill And Wells Fargo Jump On Board: Bitcoin ETFs Reach Wall Street Elite
Thursday, February 29, 2024 - 6:18pm | 602Merrill, a division of Bank of America Corp. (NYSE: BAC), and the brokerage arm of Wells Fargo & Co. (NYSE: WAC) have begun offering their wealth management clients access to Bitcoin ETFs. What Happened: The Rollout Of Bitcoin ETFs Quoting sources, Bloomberg reported that these financial...
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Biden Saves Depositors, Leaves Hedge Funds Out To Dry: Which Funds Lost The Most On SVB And Others?
Monday, March 13, 2023 - 12:18pm | 1213The Federal Reserve and the Biden Administration on Sunday took decisive action to safeguard the country's banking system by providing additional funding to eligible depository institutions to help them meet the needs of all their depositors, amid the shutter of multiple regional banks....
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How Many Shares Of Tesla Does Elon Musk Own, And What's His Total Ownership Percentage?
Sunday, June 12, 2022 - 5:36pm | 465The rise in value for electric vehicle company Tesla Inc (NASDAQ: TSLA) has helped CEO and co-founder Elon Musk become the richest person in the world. A new filing from the company reveals how many shares of Tesla, Musk currently owns and might own soon. What Happened: On Friday, Tesla announced...
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Musk No Longer Twitter's Largest Shareholder: Who Has The Top Spot With An Over 10% Stake In The Company?
Saturday, April 16, 2022 - 5:46pm | 555As Tesla Inc (NASDAQ: TSLA) CEO Elon Musk hopes to buy Twitter Inc (NYSE: TWTR) in a $43 billion deal, he is now no longer the company’s largest shareholder. What Happened: A recent SEC filing shows that Vanguard Group is now the biggest shareholder of Twitter with a 10.3%...
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This Day In Market History: The First Balanced US Mutual Fund
Monday, December 27, 2021 - 10:00am | 283Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened? On Dec. 27, 1928, Walter Morgan founded the first balanced mutual fund in U.S. history, a fund that would eventually become the basis of the Vanguard Group of Investment Cos. Where Was...
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The Paris Climate Agreement's Most Surprising Defender: Exxon Mobil
Wednesday, May 31, 2017 - 12:59pm | 839President Donald Trump is withdrawing from the Paris Agreement, Axios reported in a story quoting sources with direct knowledge of the decision. For his part, the president tweeted he would announce his decision in the coming days, leaving open the possibility for a change of mind. EPA...
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A Look At Nvidia's Largest Shareholders And What Their Presence Means
Thursday, May 25, 2017 - 10:29am | 851The news just keeps getting better for NVIDIA Corporation (NASDAQ: NVDA) investors. After a huge Q1 earnings beat sent shares soaring, Bloomberg reported Wednesday that the Japanese telecom giant SoftBank Corp has taken a $4 billion stake in Nvidia. Incredible Run Nvidia investors nervous about...
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A Look At Investment Firms' Favorite Stocks In Q3
Saturday, November 21, 2015 - 2:58pm | 598With the third quarter 13F season over, it’s time to look at some statistics. The most popular stocks among institutional investors have been measured by the number of firms that disclosed holding them as of September 30. Top names include Apple Inc. (NASDAQ: AAPL) and Johnson & Johnson...
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Major Hedge Funds Are Bullish On Baxter International And Layne Christensen
Wednesday, September 30, 2015 - 4:17pm | 465Tracking hedge funds moves can provide investors with great research-backed investment ideas. Over the past couple of days, two major hedge funds, Third Point LLC and Gamco Investors, et al. disclosed bullish moves in two companies. Shares of Baxter International Inc (NYSE: BAX) and Layne...
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Mario Gabelli Discloses Bullish Moves In Madison Square Garden & Tredegar
Wednesday, September 16, 2015 - 7:50am | 322On Tuesday, the fund affiliated with Mario Gabelli disclosed two bullish moves. The funds boosted their exposure to The Madison Square Garden Co (NYSE: MSG) by more than 51 percent. The firms increased their stake in Tredegar Corporation (NYSE: TG) by more than 6.6 percent. According...
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2 Small-Cap Companies Surging On Hedge Fund Bullishness
Saturday, September 12, 2015 - 1:39pm | 339EJF Capital and Leon Cooperman disclosed bullish moves in small-cap companies on Friday. Shares of Alexander & Baldwin Inc (NYSE: ALEX) rose more than 2 percent. Shares of PennyMac Mortgage Investment Trust (NYSE: PMT) surged roughly 0.5 percent. Tracking hedge fund moves can...
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Warren Buffett's Berkshire Hathaway Increases Exposure To IBM
Tuesday, September 8, 2015 - 1:17pm | 306Legendary investor and Berkshire Hathaway CEO Warren Buffett appeared on CNBC Monday and discussed several issues including the recent pullback and volatility in the market, his firm’s investment strategy, and his stakes in Phillips 66 (NYSE: PSX) and International Business Machines...
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Top Hedge Fund Moves: A Look At Emanuel Friedman & Daniel Och's Latest Bullish Moves In Small-Caps
Sunday, August 30, 2015 - 8:41pm | 331Tracking hedge funds moves is central to many investment strategies, as it may provide with interesting, research-backed ideas. So, let’s take a look at some of the most relevant transactions in the past couple of days. Emanuel J. Friedman Emanuel J. Friedman’s EJF Capital is...
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13F Recap: The Most Popular (And Unpopular) Stocks Of Q2
Wednesday, August 19, 2015 - 8:48am | 460To make better sense of the 13F season, Benzinga took a look at some general trends seen among institutional investors in the second quarter of the year. Popular Stocks Apple Inc. (NASDAQ: AAPL) was the most popular stock among institutions. According to WhaleWisdom, more than 2,100...