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A Possible Change Looms For A Popular Frontier ETF
Tuesday, April 12, 2016 - 1:40pm | 544Read More...There are seven single-country, exchange-traded funds dedicated to members of the Organization of Petroleum Countries (OPEC). With the exception of three ETFs tracking Indonesia, which recently rejoined OPEC, other OPEC ETFs have been drab performers. That is particularly true of the Global X MSCI...
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Greek Default Is Imminent; Here's Why
Thursday, July 9, 2015 - 1:03pm | 371Read More...Will they? Won't they? Those seem to be the questions on everybody's mind regarding Greece defaulting on its debt. Charles Robertson, global chief economist at Renaissance Capital, was on CNBC Thursday to explain why he thinks Greece will default on its debt. He also discussed whether...
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Why Did The IPO Market Took A U-Turn In June?
Friday, June 19, 2015 - 2:54pm | 416Read More...Though the year 2015 saw prominent tech names like Etsy Inc (NASDAQ: ETSY), Box Inc (NYSE: BOX), Shopify Inc (NYSE: SHOP), and Fitbit Inc (NYSE: FIT) getting listed, according to Renaissance Capital founder, Kathleen Smith, the numbers weren’t as good until this month. Smith was on CNBC...
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Axovant Sciences' IPO Sparks Comment On 'Biotech Bubble'
Friday, June 12, 2015 - 10:34am | 399Read More...Axovant Sciences Ltd (NYSE: AXON) nearly doubled during its first few hours of trading Thursday, stirring comments about a biotech bubble. The company acquired its single product, a prospective treatment for Alzheimer's disease, for $5 million from GlaxoSmithKline plc (ADR) (NYSE: GSK) in December...
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Renaissance Capital Downgrades VimpelCom To Sell
Friday, May 15, 2015 - 9:35am | 63Read More...Analysts at Renaissance Capital downgraded VimpelCom Ltd (ADR) (NASDAQ: VIP) from Hold to Sell. The price target for VimpelCom has been raised from $4.40 to $5.10. VimpelCom shares have dropped 21.86 percent over the past 52 weeks, while the S&P 500 index has surged 12.95 percent in the same...
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9 Hot (Or Not) IPOs Scheduled To Debut This Week
Monday, May 11, 2015 - 8:30am | 381Read More...Nine companies are expected to IPO this week, including the year's largest IPO, EQT GP Holdings LP at $450 million. In addition, six of the nine companies are healthcare and genetics companies in the development stage. Last week, just over half of the 14 companies that were expected to IPO...
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Renaissance Capital Downgrades Coach To Hold
Tuesday, March 10, 2015 - 9:09am | 59Read More...Analysts at Renaissance Capital downgraded Coach, Inc. (NYSE: COH) from Buy to Hold. The price target for Coach has been raised from $44.00 to $45.00. Coach shares have dropped 16.07% over the past 52 weeks, while the S&P 500 index has surged 11.34% in the same period. Coach shares fell 0.48%...
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Renaissance Capital Upgrades CTC Media To Hold
Thursday, October 23, 2014 - 7:41am | 60Read More...Analysts at Renaissance Capital upgraded CTC Media (NASDAQ: CTCM) from Sell to Hold. The price target for CTC Media has been lowered from $9.40 to $7.80. CTC Media shares have dropped 52.03% over the past 52 weeks, while the S&P 500 index has surged 9.99% in the same period. CTC Media's shares...
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Not Every IPO Has a Silver Lining
Friday, November 8, 2013 - 1:39pm | 740Read More...On Thursday, investors saw the debut offering of Twitter (NYSE: TWTR) and to put it mildly, it was well received. The stock appreciated more than 70 percent on its first day of trading. As impressive as that is, it is behind an offering like the Container Store (NYSE: TCS) and Noodles & Co. (...
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What to Ponder as the IPO Market Heats Up in 2011...
Thursday, February 3, 2011 - 10:37pm | 914Read More...Rather than focus on the turmoil in Egypt or rehash a number of economic statistics that imply the economic recovery remains a steady but slow one characterized by modest job growth near term, let's instead look at another facet of the market. No, I'm not talking about mergers and acquisitions,...
