Riverbridge Partners LLC reduced its position in Power Integrations, Inc. (NASDAQ:POWI – Free Report) by 8.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 377,112 shares of the semiconductor company’s st
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Prospect Capital (NASDAQ:PSEC – Get Free Report) issued its earnings results on Monday. The financial services provider reported $0.20 EPS for the quarter, beating the consensus estimate of $0.16 by $0.04. Prospect Capital had a negative net margin of 2.23% and a positive return on equity of 12.19%. Source link
Some stuff I am reading today morning: Obituary: Dr Manmohan Singh ( BS ) Govt blames RBI for economic slowdown ( TOI ) India may cut income taxes ( Reuters ) India can benefit from tariff wars ( Fortune) Dalal Street minnows stole the show in 2024 ( DH ) Russian cos are using Bitcoin…
With $11.5 billion invested in Occidental Petroleum since 2022, Buffett has made a clear call on the future of oil. Unlike Chevron, Occidental leans heavily on drilling, making it highly sensitive to oil price swings. The position also comes with more debt risk, but for Buffett, the company’s potential upside in a world of constrained…
Jackson Square Capital LLC acquired a new position in Gilead Sciences, Inc. (NASDAQ:GILD – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,451 shares of the biopharmaceutical company’s Source link
Phoenix Motor (ticker: PMOT) has reported a record-breaking financial performance in the first quarter of 2024, with a significant increase in net revenues and net income, according to the latest earnings call. The company’s successful acquisition of a leading zero-emission bus manufacturer has bolstered its position in the electric transit bus market, contributing to a…
Add Another Week to the Streak: The pendulum swung back to the bullish side of things for the markets on Friday, which meshed well with our exclusively bullish slate of potential options plays in our premarket report for the day. We had loaded up with four possible targets, and all four were good ideas. That stretched our…