Globally, Value funds gave back some performance in June. Bank of America reported a shift in global fund performance for June, with Value funds experiencing a median decline of 0.88% compared to their benchmarks. Only 24% of Value funds managed to outperform in...
BofA: Clients sold $3.1 billion of US equities last week; tech inflows continue. Bank of America Securities said that last week its clients were net sellers of US equities for the second consecutive week, with outflows totaling $3.1 billion.Excluding untagged flows,...
Despite discounting in China, iPhones lost share in May, US weak: UBS. Despite heavy discounting during China’s “618” shopping festival, UBS analysts warned that Apple (NASDAQ: AAPL) iPhone sales continue to struggle.“iPhone...
FAA to investigate Southwest flight that departed from closed runway in Maine. (Reuters) – The Federal Aviation Administration said on Friday it will investigate a Southwest Airlines (NYSE: LUV) flight that departed from a temporarily closed runway in Maine...
TS Lombard analysts outline what's at stake in Trump-Biden debate. Democratic President Joe Biden will square off against Republican challenger Donald Trump in a televised debate on CNN on Thursday, in the first head-to-head encounter between the two candidates prior...