Movement in secondary market – Atish Davda, EquityZen CEO, talks about investing in the secondary market, and his company’s aim of helping private shareholders and early investors free up liquidity.
Oil higher to start the week – Is oil going higher or lower from here, with Rob Thummel, Tortoise Capital Advisors, and Bob McNally, Rapidan Group founder.
Fmr. UBS Chairman: Leverage is the Enemy – Goldman Sachs (GS) on Monday agreed to pay $5.06 billion to settle claims it misled mortgage-bond investors during the worst financial crisis since the Great Depression. The investment bank had previously disclosed the settlement in January.
Springs focused on being hub of industry Colorado Springs’ economic future could depend on how it fits within an emerging industry to tackle hackers. Millions, even billions, of dollars could be in the offing for the cities that become cybersecurity central in the United States. All that money is tied to changes in how the […]
Energy Roundtable: 12 Oil Rebound Picks Four pros guide investors through the sector’s turmoil—and pick stocks and bonds for the next boom. Energy investors have arrived at the fifth stage of grief—acceptance. It hasn’t been easy. The price of oil has dropped 62% in the past two years, as easy access to credit helped fuel […]
Molinaroli: Johnson Controls committed to metro Milwaukee long term Molinaroli explains merger, commits to metro Milwaukee Johnson Controls Inc.’s operating headquarters will stay in metropolitan Milwaukee, but a decision on constructing a downtown office tower will wait for now, the company’s top executive said. Read more here: http://www.bizjournals.com/milwaukee/print-edition/2016/03/25/molinaroli-johnson-controls-committed-to.html
Col. Jack Jacobs on European borders – MSNBC military analyst Colonel Jack Jacobs provides insight to news explosive material was found inside a Belgium “wagon,” which he says means a rail car, in discussing the Brussels explosions.
Brussels attack could affect cross-border commerce, Brexit The attacks in the Belgian capital on Tuesday are unlikely to have a long-term impact on markets, but they could result in new roadblocks to cross-border commerce and lend momentum to Euro sceptics, analysts told CNBC. Read more here.
A Deep Dive Into Chinese Markets, Credit and Debt – Peter Borish, chief strategist at Quad Group, examines Chinese markets, credit, and debt levels. He speaks on “Bloomberg ‹GO›.”
Joe Piscopo, CNN’s Christine Romans to speak at Cento Amici Spring Dinner in Warren WARREN, NJ – Morning radio host and former Saturday Night Live star Joe Piscopo and CNN Chief Business Correspondent and author Christine Romans will welcome Cento Amici’s 2015-16 scholarship recipients at the organization’s annual Spring Dinner on Monday, April 4, 2016, […]
As Hillary Clinton bashes Johnson Controls, Bill Clinton praises Johnson Controls There is no doubt that politics can be strange, but this one is more than a bit unusual. Democratic presidential candidate Hillary Clinton has been bashing Johnson Controls Inc. in speeches and television ads for moving its corporate headquarters to Ireland as part of […]
The Clintons Can’t Make Their Mind Up on Johnson Controls Hillary Clinton has spent the past few months going after Johnson Controls for moving its headquarters overseas, but during a campaign event on Monday, her husband Bill Clinton said that it is one of his “favorite companies.” Read more here.
Johnson Controls CEO Molinaroli Punches Back at Clinton His company was becoming a political punching bag, so Johnson Controls CEO Alex Molinaroli has started punching back. He responded after Democratic presidential front-runner Hillary Clinton used a nationally televised debate last Sunday to criticize Johnson Controls for taking advantage of the 2009 U.S. government bailouts of […]
Clinton and Trump Spin Their Wheels on Auto Jobs Presidential front-runners Hillary Clinton and Donald Trump both seem to sense that there are political points to be scored in fulminating about the auto industry. But both have swung wide of the mark in trying to capitalize on it. For example, ever since the auto supplier […]
Johnson Controls fights back after Clinton’s attacks on tax inversion Auto supplier Johnson Controls struck back at Democratic presidential contender Hillary Clinton’s accusations that it is turning its back on the American people after the auto bailout. Read more here.
Clinton takes on big companies to woo anti-establishment voters Bernie Sanders and Republicans have attacked Hillary Clinton for her ties to big business and Wall Street. Now she’s attacking companies as she tries to close in on the Democratic presidential nomination. Read more here.
Thummel: Oil Could Reach $50 By End of 2016
Molinaroli op-ed responds to Clinton, Sanders attacks on Johnson Controls merger: Full text Johnson Controls Inc. CEO Alex Molinaroli has responded to the stream of attacks on his company from political candidates — primarily presidential hopeful Hillary Clinton — calling the manufacturing company unpatriotic for moving its corporate headquarters to Ireland as part of a […]
Another Stretch on Auto Bailout Clinton said that Johnson Controls, an auto parts supplier in Wisconsin, “got part of the [auto] bailout … and now they want to move headquarters to Europe.” Johnson Controls did not receive any bailout funds, although the company supported it and benefited indirectly by the government’s actions to keep U.S. […]
Shale Is Here to Stay so Buy EOG and Pioneer U.S. shale production isn’t going away but not all shale is created equal, and that should guide investment decisions in the sector, according to Brians Kessens, a portfolio manager with Tortoise Capital. Read more here: Shale Is Here to Stay so Buy EOG and Pioneer
Irrational Pessimism – Throwing The Baby Out With The Bath Water Since first publishing kortsessions.com in February 2013, I have tried not to get into the weeds on individual stocks ideas. We are all about the media and the adverse outcomes in store for those who rest their investment policy on their pronouncements. When I […]
Is the oil crash over? Prices soar 30% in 11 days Oil has stopped crashing. Investors around the world freaked out when oil prices plummeted to a 13-year low of $26.05 a barrel on February 11. But they are now sitting at $34 a barrel, marking an incredible 30% spike in the span of just […]
A Case For MLP Investing After graduating from college in 1981, one of my first assignments as an auditor for Peat Marwick, now KPMG, was to assist on the Panhandle Eastern Pipeline audit. With that brief experience, I became intrigued with pipelines, and remain so 3 ½ decades later. Read more here.
The World’s 10 Hottest Cybersecurity Companies To Watch In 2016 Cybersecurity Ventures announces the Cyber Top 10 for 2016, a global compilation of the leading companies who provide cybersecurity solutions and services. The ten companies sit atop the Cybersecurity 500, which is published quarterly by Cybersecurity Ventures. Read more here.
Hospital pays hackers $17,000 to unlock EHRs frozen in ‘ransomware’ attack A Southern California hospital’s computers have been restored after it paid a $17,000 ransom in bitcoins to hackers who infiltrated and disabled its network. The gambit isn’t new, but it appears to be on the rise. Read more here.
Another big health risk that can really hurt you 95 million patient records of Americans were hacked last year, and that’s just the beginning. Read more here.
Deutsche Bank AG plans to buy back about $5.4 billion of bonds in euros and dollars as it seeks to allay investor concerns about its finances. Atlantic Equities’ Christopher Wheeler, Morgan Stanley’s Jim Caron, Quad Capital’s Peter Borish and Bloomberg’s Dakin Campbell speak on “Bloomberg ‹GO›.” (Source: Bloomberg)
24 Ways To Save, Find And Earn Extra Money With Minimal Effort What would you do with an extra $100? Maybe you would go to a concert or treat friends to a round of drinks? I would probably spend it on food. Whatever you would choose we can all agree that a crisp $100-bill would […]
Why oil will hit $50 this year Tortoise Capital Advisors Managing Director Rob Thummel explains his forecast for oil and what areas of energy his long-only funds are focused on.
Our 2016 Predictions for the IPO Market 2015 was not a good years for IPOs – it was actually the worst year for tech IPOs since the financial crisis in 2009. More and more startups are opting to stay private for longer periods of time. Read more here.