FLOWSERVE CORP., $35.71, symbol FLS on New York, manufactures industrial pumps, valves, and other machinery, for several industries that use difficult-to-handle or corrosive fluids. These include power, oil and gas, chemicals, and several others. It operates facilities in more than 300 locations worldwide, selling its… Read More
RESIDEO TECHNOLOGIES INC., $28.06, symbol REZI on New York, makes heating, ventilation and air-conditioning equipment. It also distributes fire protection and building security products.
Honeywell International Inc. (symbol HON on New York) spun off Resideo in October 2018. Honeywell shareholders received one share of Resideo for… Read More
This company plays a vital role for companies grappling with increasingly complex payment system needs. That gives the firm a resilient business model in the face of COVID-19’s huge economic and social impact.
In the meantime, the firm benefits from a large backlog and a blue-chip… Read More
AMAZON.COM INC., $2,692.87, is a buy for investors. The stock (symbol AMZN on Nasdaq) lets you hold a stake in one of the world’s largest online retailers.
The company has just unveiled its Climate Pledge fund. It’s a pool of $2 billion targeted at investing in… Read More
WARNER MUSIC GROUP CORP., $29.94, symbol WMG on New York, began trading on Wednesday after it launched its IPO.
The company sold 77 million shares at $25 each to raise $1.925 billion.
Warner Music is one of the world’s leading music entertainment companies. Its record labels include… Read More
ENTEGRIS INC., $33.38, symbol ENTG on Nasdaq, is a leading provider of specialty chemicals to the high-tech industry in the U.S. and overseas.
On January 28, 2019, Entegris announced that it has agreed to buy Versum Materials Inc. (symbol VSM on New York). It’s an Arizona-based… Read More
GOODYEAR TIRE & RUBBER CO., $20.78, symbol GT on Nasdaq, is one of the world’s largest tiremakers, with 48 plants in 22 countries.
The company will now officially halt production in Venezuela, which has seen a major economic contraction in recent years.
Goodyear has suffered tens of… Read More
“Fintech” refers to the crossover of technology into financial services. Firms in this area offer innovative software, mobile devices, data and analytics, and networks to compete with traditional financial services providers. Many are also partnered with banks, insurance companies or investment managers to complement their… Read More
DOREL INDUSTRIES INC., $23.06, symbol DII.B on Toronto, makes ready-to-assemble home and office furniture; juvenile products such as car seats, strollers, high chairs, toddler beds and cribs; and bicycles and other sporting goods.
Dorel has announced the acquisition of U.K.-based Alphason. Established 30 years ago, Alphason… Read More
The top hedge fund managers may have lengthy streaks of success over time, but that success usually ends eventually
When one of the top hedge fund managers goes into a performance slump, media and investor reactions often leave us with an odd feeling. They make us… Read More