This article first appeared on Inc.com posted from Peter Economy.I have spent my career in the investment business and have participated in thousands of meetings or calls with managements of public companies. A few times, I have received inside information, and I guarantee that you know when you’ve got it. When I worked at a large mutual fund company, we […]
After $103M IPO, Rapid7 Stock Up in Early Trading
Gregory T. HuangJuly 17th, 2015BostonDing, ding. Rapid7 CEO Corey Thomas rang the opening bell at the Nasdaq this morning, and the Boston area’s first tech IPO of 2015 is in the books.Rapid7 (NASDAQ: RPD) raised $103.2 million by selling 6.45 million shares at $16 a pop, which was above the […]
Biotech gains attainable?
Mad Money’s Jim Cramer picked up on a biotech pattern that could benefit your portfolio.
Jim Cramer has picked up on a pattern when it comes to biotech stocks that could change the game for an investor’s portfolio—listen to the darned CEO interviews.In fact, Cramer would argue that the biotech group has gone from being hit or miss to […]
NEW YORK (AP) — The stock market eked out another record close on Thursday as rising oil prices boosted energy stocks.Best Buy was among the biggest gainers after reporting earnings that exceeded the expectations of Wall Street analysts. Lumber Liquidators, a specialty retailer of hardwood flooring, plunged after its CEO abruptly quit the company.Stocks are trading at record levels, but […]
Khailee Ng (left) and Dinesh Bhatia (right), co-founder and CEO of TradeHeroIn the past, Tech in Asia has referred to TradeHero as one of the best startups in Singapore. The firm offers an app that lets users trade virtual money based on real-world stock market data. Essentially, it’s a game, but with interesting implications.On TradeHero, users who are less familiar […]
May 4, 2015, 1:50 PM
Reuters/ Rick WilkingLeon Cooperman has some bearish picks.See AlsoEverything you need to know before the biggest hedge fund conference of the year kicks off next weekAfter a near-death experience, a Bank of America VP started the charity that Wall Street is talking aboutDan Loeb revealed a stake in YUM! Brands and the stock is shooting […]
“Margin loans at high levels, client cash at low levels and account holders at the firm logging in frequently.”
If you didn’t know any better, you might think the above is yet another example of someone describing one of the dynamics driving China’s self-feeding equity mania. After all, the country’s “world-beating” rally has everyone from housewives to banana vendors opening stock […]
The Nasdaq composite remains heavily weighted toward technology, thanks to Apple’s record market valuation near $750 billion. But tech’s weighting is down sharply from the Nasdaq’s peak, while the financial, consumer services and health-care sectors have seen their weightings more than double within the composite. [See table below.]Health care’s weighting in the composite is now 16 percent, which is comparable […]
SAN FRANCISCO–If you can’t beat them, try beating them another way.In 2004, Greg Tseng and Johann Schleier-Smith launched a startup called Tagged. They hoped to outdo another nascent project, known at the time as “thefacebook,” in the then-wide open world of social networks.We know how that turned out. Facebook became the world’s largest social network, with 1.39 billion monthly active […]
NEW YORK — Some entrepreneurs looking for startup funding got a wad of money near the end of last year, but there are concerns the boom may not last.Startup iFunding is a beneficiary of the surge. The website focused on real estate investing raised nearly $2 million in just a month. Typically, it would take at least six months to […]