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HODGES CAPITAL MANAGEMENT
Can Ricky Ponting change the fortunes of Punjab Kings?Ricky Ponting has been appointed as the new head coach of Punjab Kings, aiming to turn around the team's fortunes in the IPL. Ponting, who ...
US stock market: Wall Street ends up as data suggests inflation may be on downward trendMicrosoft shares rose 1.2%, providing the biggest boost to the S&P 500 and Nasdaq, while energy shares also were higher along with oil pric...
FedEx outlines cost-cutting plan; to cancel flights, close officesFedEx committed to repurchasing $1.5 billion of its common stock this fiscal year, including $1 billion in the current quarter, even as the...
Wall Street Week Ahead: Investors jump into commodities while keeping eye on recession riskInvestors are rushing to recalibrate their portfolios for a potentially extended period of elevated commodity prices, as Russia's invasion ...
Wall Street Week Ahead: Investors eager for earnings amid growth concernsUS Treasuries rallied sharply this week on fears that economic growth may slow in the second half, pushing yields to levels not seen since ...
Investors see Biden's 15% minimum tax offer as positiveBiden offered to set a minimum tax rate that companies should pay at 15 per cent, two sources familiar with the matter said, in what would ...
Warren Buffett says his Berkshire differs from a “prototype conglomerate”Buffett said conglomerates have generally over time limited themselves to buying businesses in their entirety.
Wall Street week ahead: Investors weigh new stock leadership as broader market wobblesThe two-track market left the benchmark S&P 500 down for the week, and sparked questions about whether it could sustain gains going forward...
Wall Street Weekahead: Investors bet old-school retailers will rebound in 2021The SPDR S&P Retail ETF, which tracks a broad group of retailers such as department and specialty stores, is up nearly 40 per cent this yea...
Blistering Nasdaq momentum is approaching dot-com escape speedAs the second half of the year begins, tech’s stellar returns are getting hard to ignore.
Wall Street gains on Boeing surge and coronavirus drug hopesThe Nasdaq added 6.1% for the week and registered its biggest two-week percentage gain since 2001.
World about to learn if $1 trillion rally in tech firms was a good ideaAs many as 26 constituents of Nasdaq 100 index are due to report quarterly results this week.
Consumer confidence in focus as shutdown fears fadeTrump said that the government may shut down again on Feb. 15.
The 130-year-old bankruptcy that created a $5-billion oil giantTexas Pacific Land Trust, a listed land bank created out of a railroad bankruptcy more than a century ago, has climbed more than 2,200% sin...
Once-bullish fund managers start to capitulate on oil pricesThe capitulation of fund managers comes at a time when retail and professional investors are diverging when it comes to predicting the pric...
Boeing risks $5 billion in revenue on 787 Dreamliner investigation outcome“As far as dividend growth, cash flow and share buybacks, I think that’s still intact,” said Gary Bradshaw, a fund manager at Hodges Capita...
- Oil investors bullish on US
Investors expect the global economy will expand fast enough to boost fuel demand even after Europe’s debt crisis and last week’s crash left...