Stocks

Mutual fund performance has declined over the year, while hedge funds have continued to perform well, Goldman Sachs revealed in a recent report. Specifically, 34% of large-cap mutual funds have outperformed their benchmarks year-to-date, marking a decrease from 50% in May and below the historical average of 38%. Among different styles, large-cap value funds have…

Bendigo’s shares slid today after a mixed earnings report that had some highs but also could signal trouble ahead. Bendigo and Adelaide Bank Ltd [ASX:BEN] shares are down after a company’s mixed earnings report for the financial year ending 30 June. Despite reporting an increase in statutory profits and topping its guidance, its shares are…

Source: Earnings Call of RHI Magnesita India Ltd Source link

We had expected a small gathering for the Piazzolla event. But so attractive was the show that they sold more tickets than ever before… with many surplus attendees spilling out onto the lawn. Do not wait for life. Do not long for it. Be aware, always and at every moment, that the miracle is in…

So, here’s the situation… Stock markets are within a whisker of all-time highs. Credit spreads – the difference in borrowing rates between various different types of borrowers – are as tight as they can be. This indicates lenders aren’t too worried about the risk of defaults. Employment is at a level that would’ve been considered…

Wirestock Despite the broad market recovery that has taken place over the past several weeks on hopes of sharp rate cuts this September, a number of tech stocks still remain well off YTD highs and are down for the year: including HubSpot (NYSE:HUBS), which cratered in early July on news that Alphabet (GOOG) had abandoned…