Consumer-Staples Stocks Are Bright Spot in Bleak Market

Consumer-Staples Stocks Are Bright Spot in Bleak Market

Updated June 27, 2022 5:33 am ET Listen to article (2 minutes) Almost everything has fallen in the stock market this year. Consumer-staples stocks are bucking the trend. Shares of companies selling staples such as beer, chocolate and canned soup have raced past the broader market in 2022. Molson Coors Beverage Co. is up 20% … Read more

Value Investors Bet Recent Market Leadership Is Just the Start

Value Investors Bet Recent Market Leadership Is Just the Start

Cliff Asness and Rob Arnott say value stocks finally have room to run after years of lagging behind. Although few corners of the stock market have emerged unscathed in 2022’s dizzying selloff, value shares—traditionally considered those that trade at a low multiple of their book value, or net worth—have held up better than most. By … Read more

Apollo’s Stock Is Expected to Rise. Here’s Why.

Apollo’s Stock Is Expected to Rise. Here’s Why.

Apollo Global Management is the most misunderstood of the publicly traded alternative asset managers. But the stock could represent significant upside for those who wish to take a look, according to Rufus Hone, an analyst with BMO Capital Markets. Founded in 1990, Apollo (ticker: APO) is an alternative asset manager known for its private-equity investments, … Read more

SocGen accuses Clifford Chance of negligence in £384m gold bullion dispute

SocGen accuses Clifford Chance of negligence in £384m gold bullion dispute

Societe Generale has accused Clifford Chance of negligence over its work for the bank in a dispute over £384m-worth of gold bullion. SocGen engaged the Magic Circle law firm in 2008 to pursue Turkish jewellery maker Goldas. The bank claimed Goldas had failed to pay for 15.725 metric tonnes of gold bullion. The bank obtained a … Read more

Blackberry stock slips after results top Street view

Blackberry stock slips after results top Street view

BlackBerry Ltd. shares ticked lower in the extended session Thursday after the cybersecurity and IoT company posted a slight beat to Wall Street expectations. BlackBerry  BB, +0.94% shares declined 1.5% after hours, following a 0.9% rise in the regular session to close at $5.37. The company reported a first-quarter loss of $181 million, or a … Read more