USA News and Press, Liberty All-Star Equity Fund From 01/09/23

Shares of Biogen Inc ( NASDAQ: BIIB ) have gained nearly 45% since late September but CEO Christopher Viehbacher says there’s still “a lot that’s underestimated” at Biogen. Highlights from CEO’s interview with CNBC Viehbacher is convinced that the li...

Duck Creek Technologies Inc ( NASDAQ: DCT ) opened nearly 50% up this morning after Vista Equity Partners said it will buy the insurance software company for $2.6 billion. Details of the Duck Creek-Vista Equity deal The agreement translates to $19 a share – about a 46% premium ...

Macy’s Inc ( NYSE: M ) tumbled in extended hours on Friday after the retailer warned of a potential softness in its current quarter results. Macy’s hints at consumer weakness The department store chain had guided for $1.47 to $1.67 of per-share earnings (adjusted) for it...

The second week of the trading year looms as the FX market returns to normal. After weeks when liquidity was low, the trading environment is back to to normal. The week ahead is full of events able to trigger abrupt market moves. Out of everything that lies ahead, here are the three risk ...

The Non-Farm Payrolls (NFP) report released yesterday in the United States was the highlight of the trading week. As it turned out, the US economy added more jobs in December than the market expected, confirming the ADP number out two days earlier. The US economy added 223k new jobs in De...

Constellation Brands, Inc (NYSE:STZ) has been a very defensive name despite the stock market woes. The stock traded above $260 on December 02, 2022, its highest price ever, also hit in April of the same year. But as 2023 approached, the stock was under the control of the bears. The stock has ...

Shares of World Wrestling Entertainment Inc ( NYSE: WWE ) went up 20% on Friday after the media company reinstated former CEO Vince McMahon to the Board. McMahon to pursue a possible sale McMahon retired last year after allegations of sexual misconduct but retained significant inf...

Lululemon Athletica Inc ( NASDAQ: LULU ) has lost about 15% since early December but a Wells Fargo analyst says a near full recovery is on the cards for the coming months. Lululemon stock has upside to $380 Ike Boruchow, on Friday, raised his price objective on the athletic apparel re...

The Japanese yen’s ( JPY ) weakness was one of the major themes of 2022. After breaking above 116, the exchange rate reached 150 before correcting due to the Bank of Japan’s intervention. Any trader should be aware of central banks intervening in the FX market. Not all o...

Shell plc ( LON: SHEL ) is in focus on Friday after it said the new levies in European Union and the United Kingdom could result in a $2.0 billion tax hit in its fourth quarter. Shell to report Q4 results in early February In September, EU said the fossil fuel companies will pay a...