Crowded Hedge Fund Positions

3 Stocks That Pay You to Own Them

Having a stable source of income, even if it's not guaranteed, can give investors peace of mind during times of turmoil.

There's A Lot To Like About China Telecom Corporation Limited's (HKG:728) Upcoming CN¥0.13 Dividend

China Telecom Corporation Limited (HKG:728) stock is about to trade ex-dividend in 4 days time. This means that...

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  Why Artesian Resources (ARTNA) is a Great Dividend Stock Right Now

  Zacks
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  Is It Worth Considering DocCheck AG (ETR:AJ91) For Its Upcoming Dividend?

  Simply Wall St.

U.S. judge orders 15 banks to face big investors' currency rigging lawsuit

A U.S. judge on Thursday said institutional investors, including BlackRock Inc <BLK.N> and Allianz SE's <ALVG.DE> Pacific Investment Management Co, can pursue much of their lawsuit accusing 15 major banks of rigging prices in the $6.6 trillion-a-day foreign exchange market. U.S. District Judge Lorna Schofield in Manhattan said the nearly 1,300 plaintiffs, including many mutual funds and exchange-traded funds, plausibly alleged that the banks conspired to rig currency benchmarks from 2003 to 2013 and profit at their expense. "This is an injury of the type the antitrust laws were intended to prevent," Schofield wrote in a 40-page decision.

Why Livongo Health Stock Is Jumping Today

Livongo is scheduled to present at the Jefferies Virtual Healthcare Conference on June 2, at the Stifel Virtual Cross Sector Insight Conference on June 9, and at Goldman Sachs' 41st Annual Global Healthcare Conference on June 10. Keith Speights owns shares of Livongo Health Inc. The Motley Fool owns shares of and recommends Jefferies Financial Group Inc. and Livongo Health Inc. The Motley Fool has a disclosure policy.

3 No-Brainer Tech Stocks to Buy Right Now

At the same time, the economy has gotten whacked by the COVID-19 pandemic, and most major economic indicators point to a deep recession. Despite the challenges and the uncertainty for investors in the current market environment, there are still some good deals for high growth stocks that should do well regardless of what happens with the COVID-19 pandemic. Keep reading to see why Roku (NASDAQ: ROKU), JD.com (NASDAQ: JD), and Livongo Health (NASDAQ: LVGO) should be on your buy list.

An Investor’s Quick Overview Of Bilibili’s Business Model

Bilibili (NASDAQ: BILI), a young Chinese online entertainment company, has enjoyed impressive returns since its 2018 IPO, thanks to strong revenue growth. It aims to fulfill that by providing a wide range of entertainments and services -- which include online games, videos, live broadcasting, and e-commerce -- to delights its users. A typical user may join Bilibili's platform initially for its ACG (animation, comics, games) content, then move on to consume other video content --which include professional user-generated and licensed video content -- across different genres including lifestyles, games, dramas and more.

4 Reasons Why Canopy Growth Could Bounce Back in 2020

The pot stock's been struggling over the past year, but there are plenty of reasons to be optimistic about its future.

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  COVID-19 Seems To Be Speeding Up The Cannabis Revolution

  Benzinga
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  Is a Surprise Coming for Canopy Growth (CGC) This Earnings Season?

  Zacks

Constellation Brands (STZ) Outpaces Stock Market Gains: What You Should Know

In the latest trading session, Constellation Brands (STZ) closed at $179.38, marking a +1.68% move from the previous day.

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  Citrix Systems (CTXS) Gains As Market Dips: What You Should Know

  Zacks
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  General Dynamics (GD) Dips More Than Broader Markets: What You Should Know

  Zacks

Top Ranked Momentum Stocks to Buy for May 27th

Top Ranked Momentum Stocks to Buy for May 27th

New Strong Buy Stocks For May 27th

New Strong Buy Stocks For May 27th

As SpaceX takes NASA astronauts to Space Station, it could also bring space tourism closer

Two American astronauts, Robert L. Behnken and Douglas G. Hurley, are planning to depart Wednesday from the Kennedy Space Center on a mission to the International Space Station. If successful, this will mark the first time in nine years that American astronauts will launch into space from American soil. What’s even more remarkable is that they will not be launched by NASA but by a private company: Tesla (TSLA) CEO Elon Musk’s SpaceX.

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  Timelapse Shows Dark Shelf Cloud Over Kennedy Space Center Ahead of Planned SpaceX Launch

  Storyful
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  Weather forces delay for SpaceX’s historic launch of NASA’s first Dragon riders to the space station

  GeekWire

CoCo Bond Investors Face a Covid-19 Reckoning

(Bloomberg Opinion) -- The Covid-19 pandemic is even starting to affect the highly specialized world of bank capital.Lloyds Banking Group Plc, a large British lender, has just become the third European bank this year to do what was once unthinkable and decline to redeem an outstanding “CoCo” bond at its first call date. This form of hybrid debt — also known as additional tier 1 (or AT1) regulatory capital — is especially risky because the investor bears the losses if the bank fails, and it usually pays a generous interest rate.Because of their special status, there had always been a tacit understanding — though not a legal obligation — that investors would be able to cash in the bonds at the first redemption date, if they so chose, at least with European CoCos. But that tradition looks to be well and truly over among the stronger banks.Lloyds cited “extraordinary market challenges presented by Covid-19” as the reason to extend its own AT1s. With its dividend payments to equity holders suspended currently at the behest of the U.K. financial regulator, because of the coronavirus crisis, it would have looked rum indeed if the bank had cut its equity capital for the benefit of a small group of bondholders. This select bunch ought to have known the risk.The financial savings for Lloyds are just as relevant. By retaining the 6.375% 750 million-euro ($824 million) CoCo, it will switch to paying a floating coupon just above 5%. If it had redeemed the AT1 and issued a replacement bond, it would have had to offer a higher coupon to reflect the current market, probably one above 7%.Lloyds has a solid Tier 1 capital base of 16.9%, so in normal times it would have been expected to keep its bond investors happy. But regulatory pressure and the increase in yields on risky debt during the current crisis has forced even the better capitalized banks to prioritize their financing costs.Spain’s Banco Santander SA set the precedent last year of a blue-chip lender not redeeming its AT1 debt out of pure economic self-interest. That’s standard practice in the U.S. market, but Santander’s action caused a storm here in Europe. Germany’s Deutsche Bank AG and Aareal Bank AG have also skipped calls this year.This Americanization of the European CoCo market looks like a trend. ABN Amro Bank NV and Royal Bank of Scotland Group Plc both have AT1 bonds with calls due this summer, and Barclays Plc is due later in the year. They may follow the Lloyds example and retain cheap AT1 capital raised at lower yields.Banks have benefited hugely from AT1 issues as regulators count it as permanent equity (although it was almost always redeemed), meaning it counts toward capital buffers. And the cost is much lower for the issuer than true perpetual debt. Investors have been happy to play along as the yields far exceed those on bank debt with legally enforceable redemption dates.The Lloyds move is a wake-up call for AT1 investors.While the bigger banks’ CoCo bonds will probably still be popular, even if the call date is no longer guaranteed implicitly, the change might do more damage to weaker lenders. If investors no longer feel confident that their money will automatically be returned at the first redemption date, they’ll demand a higher return for the risk.The CoCo market only reopened tentatively this month with a new Bank of Ireland Group Plc deal. The Irish lender did what Lloyds refused to do and redeemed its existing AT1 and reissued at a higher cost. At least it managed to keep its investors happy and on board.This new separation between large stable banks being able to act according to their own economic advantage, while smaller rivals have to offer chunkier premiums, is a worry for the health of the financial system. It ought to be an urgent matter for consideration by European regulators. Forcing the strong banks to keep capital has consequences for their less illustrious peers.  This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Marcus Ashworth is a Bloomberg Opinion columnist covering European markets. He spent three decades in the banking industry, most recently as chief markets strategist at Haitong Securities in London.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

Interested In China Unicom (Hong Kong) Limited's (HKG:762) Upcoming CN¥0.15 Dividend? You Have 4 Days Left

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see China Unicom...

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  Citizens Holding Company Announces Cash Dividend

  Business Wire
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  Here's What We Like About China BlueChemical Ltd.'s (HKG:3983) Upcoming Dividend

  Simply Wall St.

Here is What Hedge Funds Think About Suzano S.A. (SUZ)

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. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]

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  Hedge Funds Actually Bought Exxon Mobil Corporation (XOM) During The Crash

  Insider Monkey
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  Here is What Hedge Funds Think About Taiwan Semiconductor Mfg. Co. Ltd. (TSM)

  Insider Monkey

Nasdaq Stock Exchange President: we're not in a rush to go back

Nasdaq Stock Exchange President Nelson Griggs joins Yahoo Finance’s Akiko Fujita to discuss NYSE trading floor reopening and the economic outlook as the Senate passes a bill that could force Chinese companies to delist from U.S. stock exchange.

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  Bill to delist ‘deceitful’ Chinese companies could go further: investor

  Yahoo Finance
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  Are Your Chinese Stocks On The U.S.' Hit List?

  Investor's Business Daily