• GuruFocus.com

    Lemonade Gains 139% on IPO Listing Date

    Stock trading at $69.41 Continue reading...

  • Hedge Funds Are Warming Up To Koninklijke Philips NV (PHG)
    Insider Monkey

    Hedge Funds Are Warming Up To Koninklijke Philips NV (PHG)

    The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]

  • U.S. Cases Rise 1.2%; Call for Antibody Therapy: Virus Update
    Bloomberg

    U.S. Cases Rise 1.2%; Call for Antibody Therapy: Virus Update

    (Bloomberg) -- U.S. virus cases increased by 1.2%, less than the seven-day average of 1.8%. A former Food and Drug Administration head said the U.S. needs a better pandemic strategy and should start by stockpiling therapeutic antibodies before authorizing their use.A top Houston-area county official pleaded with Texas state leaders to let him issue a stay-at-home order. Israel is considering new restrictions after Prime Minister Benjamin Netanyahu said a resurgence is creating an emergency.Mexico overtook France with the fifth-deadliest outbreak and the World Health Organization reported a one-day high for global cases Saturday.Key Developments:Global Tracker: Cases top 11.3 million; Deaths exceed 531,000World economy that took elevator down faces steep stairs back upNigerian security response to Covid is deadlier than the diseaseMexico overtakes France to have fifth-deadliest virus outbreakAustralian state to give lockdown residents payout, suspend rentSubscribe to a daily update on the virus from Bloomberg’s Prognosis team here. Click VRUS on the terminal for news and data on the coronavirus.Democrats Seek Override on WHO Funds (5:15 p.m. NY)A House Democratic spending bill will set aside $10 billion for the coronavirus response and require the U.S. to send funds to the World Health Organization, an agency targeted by President Donald Trump over its handling of the pandemic.The bill, released Sunday, would require the U.S. to send $200 million to the WHO, despite Trump’s decision, citing China’s influence over the United Nations agency, to cut U.S. funding for the group. The spending for the Covid-19 response would cover a variety of emergency funds and would be exempt from spending limits, according to the bill.Record Death Toll in South Africa (5:10 p.m. NY)South Africa reported a record 173 deaths, bringing the total to 3,199. The number came after four consecutive days of record rises in cases. Cumulative infections rose to 196,750 with 8,773 new cases in the latest daily report.Gauteng province, South Africa’s economic hub that includes Johannesburg and Pretoria, had the most deaths. Texas Reports 1.8% Rise (4:40 p.m. NY)Texas reported 3,449 new cases of Covid-19, bringing the state’s total to 195,239 as of Sunday. The number of deaths rose by 29 to 2,637, the Department of State Health Services said on its website.U.S. Cases Rise 1.7%, Death Pace Slows (4 p.m. NY)Coronavirus cases in the U.S. increased by more than 34,000 from the same time on Saturday, to 2,852,807 million, according to data collected by Johns Hopkins University. The 1.2% increase was below the average daily increase of 1.8% over the past week. Fatalities rose to 129,718, a slower increase than the day before.New York’s already low increase in cases dropped further, to a 0.1% rise. The seven-day average rise had hovered around 0.2% since early June. The state, once the epicenter of the nation’s outbreak, reported 533 new cases and 8 deaths.California reported 5,410 new cases, an increase of 2.1%. In total, 260,155 people in the state have tested positive. The number of deaths rose by 18 to 6,331, though the state warned of possible delays in some reporting.Florida reported 200,111 cases, up 5.3% from a day earlier and equal to the average increase for the previous seven days. Deaths reached 3,731, an increase of 0.8%. In Miami-Dade County, the number of patients in hospitals rose 4.9%, the biggest jump in four days.Arizona reported 3,536 new cases, a 3.7% rise, pushing the total to 98,089. The hard-hit state has a 4.1% seven-day average for new infections. Deaths increased by 4 four, down from 17 on Saturday and a record 88 on Wednesday, putting the total at 1,809.New Jersey reported 398 new cases, compared with to 303 the day before, as Governor Phil Murphy warned of a rise because of travel from hot spots. The state’s total cases are now 173,402. Deaths rose slightly to 28, for a total of 13,355.California Infections Increase by 2.1% (2:05 p.m.)California reported 5,410 new Covid-19 cases, an increase of 2.1% to 260,155. Deaths rose by 18 to 6,331. The numbers may not represent final day-over-day changes as the reporting of test results can be delayed, according to the state Department of Public Health. The data show cumulative infections are disproportionately the highest among Latino residents and the 18-to-49 age group.Protests Added to Miami-Dade Cases: Mayor (2 p.m. NY)Miami-Dade County Mayor Carlos Gimenez said protests over the death of George Floyd contributed to a rise in infections in South Florida, but weren’t the only trigger.“Our people, our residents, I think they let their guard down and started to socialize,” Gimenez said on CBS’s “Face the Nation.” “That also had to do with it. So it’s all the above. I’m not saying it’s just that, but it was a contributing factor.”Gimenez pushed back on President Donald Trump’s characterization in his July 4th remarks that 99% of cases are harmless by noting a rise in deaths of people who contract the virus: “The virus is not harmless. No, absolutely not.”Houston Needs Stay-Home Order, Chief Says (12:45 p.m. NY)The hard-hit Houston area needs more restrictions, but the state government has blocked local officials from acting to limit the spread of the virus, Harris County Chief Lina Hidalgo said. The order by Governor Greg Abbott last week to wear face coverings helps, but doesn’t go far enough, she said.“As long as we’re doing as little as possible and hoping for the best, we’re always going to be chasing this thing,” Hidalgo said on ABC’s “This Week.” “Folks need to stay home and I need the authority to enforce it.”Phoenix Mayor Faults FEMA on Tests (12:30 p.m. NY)Phoenix Mayor Kate Gallego said the city opened much too early and needs to do more tests but her pleas to expand community-based evaluations have been rebuffed, including by the Federal Emergency Management Agency.“We are in a crisis related to testing,” Gallego told ABC’s “This Week.” FEMA said “they’re moving away from that, which feels like they’re declaring victory while we’re still in crisis mode.”“We had crowded nightclubs handing out free champagne, no masks,” she said.U.K. Cases Continue to Mount (12:14 p.m. NY)The Department for Health and Social Care reported that the U.K. had another 516 positive cases on Saturday, down from 624 the day before and taking the total to more than 285,000.There were 22 new deaths from the virus.Arizona Cases Rise Less Than Week’s Average (11:45 a.m. NY)Arizona reported 3,536 new cases, a 3.7% rise, pushing the total to 98,089. The hard-hit state has a 4.1% seven-day average for new infections.Deaths increased by four, down from 17 on Saturday and a record 88 on Wednesday, putting the total at 1,809. Fatalities among those over age 65 accounted for 73% of all state deaths, according to the Department of Health website.Florida Cases Rise in Line With Average (10:40 a.m. NY)Florida reported 200,111 Covid-19 cases on Sunday, up 5.3% from a day earlier, compared with an average increase of 5.3% in the previous seven days. Deaths among Florida residents reached 3,731, an increase of 0.8%, according to the report, which includes data through Saturday.Cumulative hospitalizations of Florida residents rose by 1% to 15,895. The new rate of people testing positive rose to 15% for Saturday, from 14.1% a day earlier.In Miami-Dade County, the number of Covid-19 patients in hospitals rose 4.9%, the biggest jump in four days, with a 3.8% one-day jump in patients in intensive-care units.Too Soon to Say If RNC Florida Events Safe (10:28 a.m. NY)FDA Commissioner Stephen Hahn told CNN it’s too soon to tell if it’s safe to host part of the Republican National Convention next month in Florida.Originally scheduled to be held in Charlotte, the nominating convention -- including Trump’s acceptance speech -- was partially moved to Jacksonville, after North Carolina Governor Roy Cooper, a Democrat, disagreed with hosting the Aug. 24-27 event at full scale out of concern of the virus spread.Second Spanish Lockdown Declared (10 a.m. NY)A lockdown has been ordered for a region of Galicia in northwestern Spain, restricting travel in and out of A Marina for about 70,000 residents. The five-day measure was ordered after cases started to rise from two different outbreaks.Spain put an agricultural region with more than 200,000 residents under indefinite lockdown on Saturday. The number of cases in the Segria region of 210,000 has soared 20% in the past two weeks to 3,312. Four of nine outbreaks currently being monitored by authorities are associated with companies harvesting and processing fruit and vegetables.New York Cases Rise 0.1% (9:20 a.m. NY)The number of new cases in New York rose 0.1%, less than the seven-day average. Fewer than 1% of tests conducted were positive.On Monday, New York City officially kicks off “Phase Three” of reopening, paving the way for legions of beauty businesses — nail salons, tanning studios and tattoo parlors — to open their doors to customers for the first time in months.Greece Curbs Travel From Serbia (9:14 a.m.)Greece decided to suspend access for Serbian citizens from all points of entry based on the analysis of the latest epidemiological data, according to Alternate Government Spokeswoman Aristotelia Peloni. All except essential travel will be banned from July 6 to July 15.U.K. to Boost Spending on Jobs, Health (8:46 a.m. NY)The U.K. will plow 800 million pounds ($1 billion) into job centers in an effort to cope with a surge in unemployment in the wake of the coronavirus pandemic.The head of England’s National Health Service set the U.K. government a challenge to fix the country’s social-care system within a year. Health Secretary Matt Hancock told the BBC on Sunday that about 30% of U.K. deaths from Covid-19 had been in care homes.The Observer on Sunday reported that Chancellor Rishi Sunak is considering Resolution Foundation proposals to issue 500 pound-vouchers for all adults and 250-pound vouchers for children to spend in the sectors of the economy worst-hit by the virus.Tokyo Elects Governor in Virus-Clouded Vote (7:47 a.m. NY)Tokyo Governor Yuriko Koike declared victory in an election for a second term, as the city tries to keep a fresh surge of Covid-19 in check and maintain hopes of hosting the Olympics in 2021.Koike, the first woman elected to govern the 14 million-strong city, prevailed over 21 challengers on Sunday to win another four-year term, national public broadcaster NHK and other local media projected, based on exit polling. She had gained support over the past few months for her management of the disease, which bolstered her popularity ahead of the election.Philippine Cases Jump as Economy Reopens (7:30 a.m. NY)Cases in the Philippines rose by a record on Sunday, which the Health Department attributed to increased contact among the population amid an easing of community quarantine measures.The Southeast Asian nation reported 2,434 new infections, bringing total cases to 44,254. The previous daily record was 1,531 cases on July 3, according to data compiled by Bloomberg. The Health Department said the numbers are subject to change. More than 1,200 people have died.Iran Has Highest Fatalities in Day (6:05 a.m. NY)In Iran, the number of fatalities rose to 163 on Sunday, one more than the previous highest daily toll set a week ago. The death count reached 11,571 from a total of 240,438 known infections, with 2,560 new cases reported overnight.Ghana’s President Isolating After Exposure (6:02 a.m. NY)Ghana’s President Nana Akufo-Addo will isolate for 14 days starting July 4 after being exposed to a Covid-19 case, the Information Ministry said in a statement late Saturday. He tested negative on that day, it added.Ghana has reported 20,085 cases, including 122 deaths, according to the West African nation’s health service.Netanyahu Says Israel in State of Emergency (6 a.m. NY)Israel is in a state of emergency due to a resurgent coronavirus outbreak, and additional steps are needed to stem the spread, Prime Minister Benjamin Netanyahu said on Sunday.The cabinet will reconvene within the coming day to decide on new restrictions and will present a plan within the next few days to address the economic challenges the pandemic is posing, he said at the opening of the weekly cabinet meeting.Parliament “cannot behave as though it’s business as usual,” Netanyahu said.Deadliest Day in Indonesia (5:12 p.m. HK)Indonesia reported 82 deaths from the coronavirus on Sunday, the highest single-day spike in fatalities, taking the total to 3,171, the health ministry said. The country with the most infections in Southeast Asia also reported 1,607 news cases in the past 24 hours, taking the total to 63,749.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Hedge Funds Aren’t Crazy About Community Healthcare Trust Inc (CHCT) Anymore
    Insider Monkey

    Hedge Funds Aren’t Crazy About Community Healthcare Trust Inc (CHCT) Anymore

    The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]

  • Reuters

    Britain's finance ministry pledges funding to triple number of UK traineeships

    Britain will offer its largest ever expansion of traineeships, its finance ministry said on Sunday, ahead of a highly-anticipated update due later in the week on the government's support for the economy through the coronavirus crisis. Finance minister Rishi Sunak has rushed out emergency measures worth an estimated 133 billion pounds ($163.7 billion) since the start of the crisis, mostly to keep people in jobs after many businesses were forced to close due to the COVID-19 lockdown. With the economy beginning to re-open, Sunak will give an economic update on Wednesday where he is expected to outline further measures of support for workers and businesses.

  • Should You Avoid Crinetics Pharmaceuticals, Inc. (CRNX)?
    Insider Monkey

    Should You Avoid Crinetics Pharmaceuticals, Inc. (CRNX)?

    The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]

  • Were Hedge Funds Right About Dumping Provident Financial Services, Inc. (PFS)?
    Insider Monkey

    Were Hedge Funds Right About Dumping Provident Financial Services, Inc. (PFS)?

    We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]

  • GuruFocus.com

    3 Stocks With Market-Beating Valuations and Yields

    The S&P; 500 has a valuation above 22 times earnings and yields just 1.9%. These 3 stocks can top the index in both valuation and income Continue reading...

  • Hedge Funds Are Dumping Tower Semiconductor Ltd. (TSEM)
    Insider Monkey

    Hedge Funds Are Dumping Tower Semiconductor Ltd. (TSEM)

    We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]

  • Solid Biosciences Inc. (SLDB): Hedge Fund Sentiment Unchanged
    Insider Monkey

    Solid Biosciences Inc. (SLDB): Hedge Fund Sentiment Unchanged

    The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]

  • Trump to hold outdoor campaign rally in New Hampshire next week
    MarketWatch

    Trump to hold outdoor campaign rally in New Hampshire next week

    President Donald Trump is set to hold an outdoor rally Saturday in Portsmouth, New Hampshire, according to the president’s campaign.

  • Do Hedge Funds Love Piper Sandler Companies (PIPR)?
    Insider Monkey

    Do Hedge Funds Love Piper Sandler Companies (PIPR)?

    At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]

  • Hedge Funds Are Dumping Digi International Inc. (DGII)
    Insider Monkey

    Hedge Funds Are Dumping Digi International Inc. (DGII)

    We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]

  • Do Hedge Funds Love Timkensteel Corp (TMST)?
    Insider Monkey

    Do Hedge Funds Love Timkensteel Corp (TMST)?

    The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]

  • EnerSpar Updates Extension for Filing Financial Statements and Related Documents and Updates on Previously Pending Mindfull Transaction
    Newsfile

    EnerSpar Updates Extension for Filing Financial Statements and Related Documents and Updates on Previously Pending Mindfull Transaction

    Calgary, Alberta--(Newsfile Corp. - July 5, 2020) -  EnerSpar Corp. (TSXV: ENER) (FSE: 5E0) ("EnerSpar") confirmed today that it is continuing to take advantage of the 45 day extension available for filing quarterly financial statements and related materials in ASC Blanket Order 51-517 which is expected to conclude with the required filings being done by July 14, 2020.EnerSpar also reports that it has been informed that Mindfull has filed a Notice of Intention to ...

  • Hedge Funds Are Selling Canadian Solar Inc. (CSIQ)
    Insider Monkey

    Hedge Funds Are Selling Canadian Solar Inc. (CSIQ)

    How do you pick the next stock to invest in? One way would be to spend days of research browsing through thousands of publicly traded companies. However, an easier way is to look at the stocks that smart money investors are collectively bullish on. Hedge funds and other institutional investors usually invest large amounts of […]

  • E-Commerce Strength Will Power Williams-Sonoma Higher
    GuruFocus.com

    E-Commerce Strength Will Power Williams-Sonoma Higher

    While the Covid-19 pandemic has hampered retail, Williams-Sonoma's e-commerce business has only gotten stronger Continue reading...

  • Opinion: The Surge in Coronavirus Cases
    WSJ

    Opinion: The Surge in Coronavirus Cases

    Journal Editorial Report: Getting past it without relocking the economy. Image: Justin Sullivan/Getty Images

  • Weis Markets, Inc. (WMK): Hedge Fund Sentiment Unchanged
    Insider Monkey

    Weis Markets, Inc. (WMK): Hedge Fund Sentiment Unchanged

    The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st, a week after the market trough. Now, we are […]

  • Schools buy miles of plexiglass ahead of potential reopenings amid coronavirus pandemic
    Yahoo Finance

    Schools buy miles of plexiglass ahead of potential reopenings amid coronavirus pandemic

    As millions of students return to school — be it K-12 or university — they’ll return to familiar settings in their classroom with one obvious addition: layers of plexiglass.

  • Inogen Inc (INGN): Are Hedge Funds Right About This Stock?
    Insider Monkey

    Inogen Inc (INGN): Are Hedge Funds Right About This Stock?

    We know that hedge funds generate strong, risk-adjusted returns over the long run, which is why imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, professional investors have to conduct complex analyses, spend many resources and use tools that are not […]

  • Refusing to wear a mask? This video clip might change your mind
    MarketWatch

    Refusing to wear a mask? This video clip might change your mind

    “In every pandemic in history, it’s the actions and choices of individual people that have made a difference,” Joe Hanson said. “A mask can stop a virus, but it also sends a message: We’re all in this together.”

  • Hedge Funds Are Souring On Monmouth Real Estate Investment Corp. (MNR)
    Insider Monkey

    Hedge Funds Are Souring On Monmouth Real Estate Investment Corp. (MNR)

    The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st, a week after the market trough. Now, we are […]

  • Hedge Funds Cutting Exposure To Regional Management Corp (RM)
    Insider Monkey

    Hedge Funds Cutting Exposure To Regional Management Corp (RM)

    The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st, a week after the market trough. Now, we are […]

  • Atrion Corporation (ATRI): Are Hedge Funds Right About This Stock?
    Insider Monkey

    Atrion Corporation (ATRI): Are Hedge Funds Right About This Stock?

    At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]

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