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Browsing Month »June, 2018«

→  June 17, 2018

While Wall Street takes its lumps for being too profit-driven, people on the Street are some of the most dedicated and generous do-gooders around. For every Bernie Madoff, there’s a Paul Tudor Jones. Jones, who runs the Tudor Investment Corp. hedge fund, created the Robin Hood Foundation in 1988, which is now New York’s largest […]

→  June 17, 2018

City of London Investment Management Co. Ltd. lowered its holdings in shares of The New Ireland Fund, Inc. (NYSE:IRL) by 84.6% in the 1st quarter, according to its most recent 13F filing with the Securities Exchange Commission. The fund owned 16,600 shares of the financial services provider’s stock after selling 91,092 shares during the quarter. […]

→  June 17, 2018

By Luzi Ann Javier Hedge funds just mistimed their gold bets. Money managers as of Tuesday pushed their wagers on a bullion rally to the highest in seven weeks. The next day, Federal Reserve policy makers signaled more interest-rate increases this year than earlier projected. Gold ended up posting a weekly loss as the dollar […]

→  June 17, 2018

iStock.com/PierceHSmith Marijuana News Today In the marijuana news today, we have grim tidings for the marijuana stock market. According to a new ranking released by The Globe and Mail, several big-name marijuana companies have landed on the newspaper’s short-sellers lists. (Source: “Short-sellers renew bearish bets on marijuana companies,” The Globe and Mail, June 15, 2018.) […]