Investing

Sarissa Capital Management chief investment officer Alex Denner spoke with CNBC Pro for an exclusive interview from the Delivering Alpha Conference in New York, and detailed his case for investing in Biogen. Like other shareholder activists, Denner’s approach focuses on improving the strategies of companies to unlock otherwise trapped equity value. Having previously served as
0 Comments
Low costs are likely how JPMorgan hopes to attract assets into both BBJP and BBEU, which, as vanilla, market-cap weighted equity ETFs, look very similar to existing products. BBJP’s portfolio looks almost identical to the bigger, older EWJ, even though BBJP pulls from stocks listed on either the Tokyo and Nagoya Stock Exchanges, whereas EWJ
0 Comments
Getty Images Workers pack and ship customer orders at the 750,000-square-foot Amazon fulfillment center in Romeoville, Illinois. Amazon shares will surge this year due to its expansion into new industries and countries, according to Deutsche Bank. The firm raised its price target to $2,200 from $1,800 for Amazon shares, representing 21 percent upside to Thursday’s
0 Comments
Check out the companies making headlines before the bell: General Electric – GE reported adjusted second quarter profit of 19 cents per share, 2 cents a share above estimates. Revenue also came in above consensus. GE said it saw particular strength in its aviation and health-care businesses during the quarter. Honeywell – The industrial conglomerate
0 Comments
Alex Roepers of Atlantic Investment Management recommended Huntsman Corp. as his best idea Wednesday during the Delivering Alpha conference. The Woodlands, Texas-based company is a manufacturer of differentiated organic chemical products and of inorganic chemical products. Shares jumped on his recommendation and were most recently up nearly 2.5 percent after rising 4 percent earlier. Roepers
0 Comments